Ethereum's biggest contender?

[Vishnu.Reang]

i agree with you that Cardano could win some from ethereum but i also believe that ethereum is almost to big to fail , so i think that it could live next to ethereum but i do not believe in any replacement for ethereum

Cardano is capable to replace Ethereum. But it's reputation is not that good at the moment. Early users faced a lot of difficulty in storing the ADA coins. A few years back, we had no option but to install the full wallet (Daedalus) if we want to store ADA. I understand that lite-wallets are now available for ADA, but this caused a lot of damage during the early days.

[bonjouros]

If you are viewing it like that then I have no problem with it but frankly speaking cardano still has a long way to go before it can be consider as the biggest
contender for Ethereum. They need to x14 first their marketcap before they can really beat Ethereum but everything is possible.

If cardano can make their way through in the future then I would be love seeing it as every currencies has a chance to be in the top like what happened to xrp that
it was able to replace eth last time.

[Banulit]

Well I think for me one of the biggest threat and contender of ethereum coin would be the Ripple (XRP) which so happen that out-market ethereum in over a quarter last year. Ripple has a big potential to take the position of ethereum in the market which it did last time.

[DarkDays]

I do think that ethereum is already one of the best, but like you metioned cardano might be a competition. Another competitor for Ethereum might be NEO, which is a chinese based platform.

People are growing increasingly aware of Chinese products and boycotting them out of ethical concerns. Let's face it, China is shit crazy and neo-authoritarian (yes that's a thing).

ETH might be big but Azure (Microsoft), Amazon, IBM all have their own blockchain platforms that are growing in features by the day. And I literally mean that. Another big name is Hyperledger. From the legit crypto world the better names that pop up in my head are Corda and Quorum.

It's still going to take a while before anything steals Ethereum's crown though—if ever.

[key4co.in]

So many smart contract platforms have emerged over time, ramping up the competition for ETH. Some have claimed to be the "Ethereum Killer" (like EOS), only to fail altogether. While none have been compared to ETH in terms of decentralization and reliability, there are some projects which aim to base their development on an academic level. One of those projects is Cardano. With a focus on PoS and decentralization, it could become ETH's biggest contender in the future. Other projects like EOS and TRON may have already adopted PoS, but they're inherently centralized. Which is why, I strongly believe that Cardano could topple ETH in the not-so-distant future.

What are your thoughts? Will Cardano become Ethereum's biggest contender? If not, which smart contract platform do you think it will? Your input will be greatly appreciated.

I think that ETH will remain at the top among smart contract platforms. How many rivals he had and no one came close to him. ETH has already won a large audience and it will be very difficult to lure users to another platform. They would have managed to overtake eth if the team did not work on the coin, but they are constantly trying to improve it in contrast to other projects. So far, I don't see any rivals for ETH among the existing coins.

Actually Ethereum is the pace setter for smart contracts, but this doesn't mean in future there won't be any blockchain project better than Ethereum. I have so much confidence in ETH since the development so far has been nonstop, github activities proves that. For now, I'm yet to see a close match for ETH wrt smart contract, in as much as I'm a Cardano and Tron fan.

[Abiky]

Actually Ethereum is the pace setter for smart contracts, but this doesn't mean in future there won't be any blockchain project better than Ethereum. I have so much confidence in ETH since the development so far has been nonstop, github activities proves that. For now, I'm yet to see a close match for ETH wrt smart contract, in as much as I'm a Cardano and Tron fan.

Exactly. So far, Ethereum is the most actively-developed smart contract platform in the world. Despite being slow and expensive at times, its large ecosystem of dApps and decentralized design, makes it the top choice among its competitors. Still, nothing lasts forever. If an Ethereum contender manages to become rock-solid in development and innovation, it might challenge ETH's place on the market. Most smart contract platforms have a greater level of centralization than Ethereum, making people think twice before choosing them on top of the original smart contract platform. I think Cardano is the only one that has a focus on decentralization just like Ethereum. It won't make use of DPoS for consensus, reducing the chances of becoming utterly centralized in the future (like it happened with both STEEM and TRON).

Cardano's innovative PoS algorithm could directly compete with the PoS version of Ethereum dubbed ETH 2.0. Charles Hoskinson worked with the Ethereum project before, so he has the necessary experience to make Cardano as good as Ethereum in the future. While I have to admit that development for ADA has been rather slow, it's has been doing great since its inception. This slow development phase could make Cardano secure and resilient unlike other competing smart contract platforms on the market. Neither EOS, TRON, or Tezos will be able to compete directly with Ethereum because of their utterly centralized structure. Which is why I strongly believe that Cardano is Ethereum's biggest contender in the crypto/Blockchain space. Unless another smart contract platform emerges with a focus on decentralization, Cardano will rise behind Ethereum in mainstream adoption and popularity in the not-so-distant future. Just my opinion

[qwizzie]

Ethereum's biggest contender? Itself.

The more Ethereum gets used, the harder it will be for Ethereum to keep getting used (due to network congestion and insane fees).
Scaling solutions should have been implemented already, not to be planned for 2021-2022.

[forexandcryptoauditor]

EOS is now a day picking momentum and I see a lot of gaming projects are coming to EOS. This is really good move. Having said so, ETH is still the leader for dApps to have tokenization. The most important factor that makes ETH the leader, is its scalability and ease of use.

[Abiky]

Ethereum's biggest contender? Itself.

The more Ethereum gets used, the harder it will be for Ethereum to keep getting used (due to network congestion and insane fees).
Scaling solutions should have been implemented already, not to be planned for 2021-2022.

Couldn't agree more with you, mate. Ethereum must scale quickly in order to retain its place on the market. Otherwise, its competitors will become dominant in the crypto/Blockchain industry. While no other smart contract platform is comparable as Ethereum in terms of decentralization and censorship resistance, they're highly scalable giving them a slight advantage over ETH. If we were to compare various smart contract platforms on the market today, I'd say that Cardano resembles Ethereum in every way. It might become Ethereum's biggest contender in the future if it continues to deliver as promised. But first things first. If Ethereum wants to stay ahead of the game, it's going to need to upgrade ASAP instead of delaying network upgrades. If the team keeps delaying ETH 2.0, then people will look for other alternatives in the crypto/Blockchain industry.

All in all, time will tell us if Ethereum will live up to the challenge. The competition is getting fierce as new players enter the game. Since most people prefer convenience on top of decentralization, they'll choose competing smart contract platforms such as EOS, TRON, and Cardano. Only those that are fond about decentralization/censorship resistance will use it no matter what. Most businesses and companies alike will use the platform that has the lowest fees and fastest transaction confirmation times. If ETH remains as is, it'll have a hard time competing with other smart contract platforms on the market. Just my thoughts

[SistaFista]

I don't think any coin can become the ethereum killer. You see now many DeFi projects has been created.
They are using ethereum blockchain often than others, the high gas fee is the proof.
There are many good altcoins in the market, but it is hard to become ETH's contender.

[shadowduck]

I don't think any coin can become the ethereum killer. You see now many DeFi projects has been created.
They are using ethereum blockchain often than others, the high gas fee is the proof.
There are many good altcoins in the market, but it is hard to become ETH's contender.

high gas price is a very big problem. even a large number of Defi projects will not be able to make people like the ETH blockchain. I think that soon Defi projects will be created on other blockchains

[10BTCaDay]

every coin in this industry competes with each other especially with Ethereum is a big altcoin and it is no stranger that most bounty projects are built using ethereum's platform. So, I think Ethereum's tough competitors like Binance and EOS.

EOS is not a competitor. it is created for other purposes, but BNB can be a really serious threat to ETH because they develop faster and their blockchain is more convenient

[S4VV4S]

I only believe in BNB which will be ETH's tough competitor, indeed ETH is a big brother to BNB, but as a younger brother who continues to progress, it is not impossible that his younger brother will be greater than his brother. Being a competitor is not just about price, but being able to be top ranking in the Crypto world.

[chikator]

So many smart contract platforms have emerged over time, ramping up the competition for ETH. Some have claimed to be the "Ethereum Killer" (like EOS), only to fail altogether. While none have been compared to ETH in terms of decentralization and reliability, there are some projects which aim to base their development on an academic level. One of those projects is Cardano. With a focus on PoS and decentralization, it could become ETH's biggest contender in the future. Other projects like EOS and TRON may have already adopted PoS, but they're inherently centralized. Which is why, I strongly believe that Cardano could topple ETH in the not-so-distant future.

What are your thoughts? Will Cardano become Ethereum's biggest contender? If not, which smart contract platform do you think it will? Your input will be greatly appreciated.

I went into this thread with a raging jab pointing out bitcoin without getting first the context but this thread is actually talking about the underdogs. I agree, cardano is looking sharp. Ive been keeping my eye on cardano for quite a while and the entire time theyre just proving that they might be a contender for some reliable coins.

[jerrison]

Ethereum is only having the first mover advantage, being the first smart contract platform that people on to create their Dapps. But looking into the tech space, you will observe that ethereum is having issues scaling. loads of Sidechains have also come out with a function to scale more than ethereum does. Now consider the move the Matic network scaling with 7.2k tps. Matic is even a bigger contender than any other on the ethereum scalabilty challenges.

[Andrews193]

I don't think any coin can become the ethereum killer. You see now many DeFi projects has been created.
They are using ethereum blockchain often than others, the high gas fee is the proof.
There are many good altcoins in the market, but it is hard to become ETH's contender.

Why are you saying that ethereum has no rival? While a fact has happened in the past, the value of ethereum has plummeted and most of the time, people have been thinking that ripple and some new altcoins will soon replace ethereum. Agree that ethereum retains its prowess but it is undeniable that this is still a sign, a sign that implies that ethereum is not always possible at number two, time and market always create different competitors for ethereum, it needs to get stronger and cannot be subjective with the opponents behind

[robattfield]

every coin in this industry competes with each other especially with Ethereum is a big altcoin and it is no stranger that most bounty projects are built using ethereum's platform. So, I think Ethereum's tough competitors like Binance and EOS.

EOS is not a competitor. it is created for other purposes, but BNB can be a really serious threat to ETH because they develop faster and their blockchain is more convenient

BNB has a completely different purpose from ETH, so it can't compete with ETH either. But for the development of Binance and BNB, I believe that in the future, the 2nd place in coinmarketcap of ETH will be threatened.

[@baoli]

For EOS they really need to improve on their output. Create user friendly wallet. TRON is a good competition to ETH. Recently, I started using TRON and it has been amazing. Transaction is fast , low fee and reliable.

[killerfrost]

There was a time when people thought EOS would compete with ETH, but after that EOS didn't have any updates that really stood out. And it has been surpassed by ETH and other altcoins in this market, for me TRX is a competitor of ETH at the moment.

[ecnalubma]

Eth transaction fees nowadays is very sickening high, its time for other alternative to rise and shine. There are good potential blockchain than can overtake Ethereum if scaling issues will still persist for years it might slowly die.