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Author Topic: Polkadot is the Real Ethereum killer?  (Read 1117 times)
Bubu9844 (OP)
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September 08, 2020, 03:13:21 AM
Last edit: September 08, 2020, 05:13:29 AM by Bubu9844
 #1

I am really big fan of Ethereum I am waiting for Ethereum 2.0.
Many Crypto experts said that Polkadot is the upcoming Ethereum killer . I don't think so. You guys know more share your opinions..

I believe polkadot is the another hype , the project hasn't
Delivered anything of value yet how about we wait until
We create  something that somebody can actually use.
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September 08, 2020, 03:24:24 AM
 #2

Polkadot is currently the toughest competitor for ethereum compared to other platform blockchains like eos, stellar, waves, neo and it is actually very difficult for polkadot to become ethereum killer considering ethereum still has advantages over this, but if ethereum makes a mistake it's not impossible polkadot will become ethereum killer.
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September 08, 2020, 06:20:49 AM
 #3

Polkadot is new but it's still not as good as it uses the Rust programming language. It is quite unfamiliar to most developers, with only a handful of projects developing on Polkadot at the moment. Polkadot's value is being FOMO only by everyone. Many projects are competing with Polkadot such as Tronix, Waves, Tezos, Cardano, Stellar ...
Ethereum users are crowded, and building a smart contract on Ethereum is dominating over other projects. The only problems facing Ethereum are transaction costs, transaction speed, and scalability. We need to wait for Ethereum 2.0 to launch before we can conclude who is the real competitor to Ethereum.

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September 08, 2020, 06:22:00 AM
 #4

That's just gimmick that already created to spread the hype for DOT platform, there was no a lot of differences with the gimmick that has already made when EOS has come to the market. Many people said that will be ethereum killer but the fact said the different thing when EOS was getting surpassed by another platform like LINK or even DOT itself.

I didn't even believe about this and that is BS. Parachain looks so complicated compared with ERC20.
Just wait for DOT to make the further development and we will see.


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September 08, 2020, 06:36:14 AM
 #5

Polkadot really is a good coin but not the Ethereum killer. Every year there are many projects that are blossoming but few of them give the return to the investors maybe they have some unique project. But, Ethereum has the first runner which has already reserved its place in the 2nd or 3rd position after the bitcoin.

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September 08, 2020, 06:40:55 AM
 #6

I believe polkadot is the another hype , the project hasn't
Delivered anything of value yet how about we wait until
We create  something that somebody can actually use.
Yes, eth killer means we should see a progress or any working scalability before the eth killer statement would becomes real. A lot of people are hoping that eth is still thr major altcoins but due to a lot of new player, there will be segregation on traders and investors. But Im sure eth eth killer will come and replace them on their tank as top altcoin.

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September 08, 2020, 06:43:01 AM
 #7

Polkadot is currently the toughest competitor for ethereum compared to other platform blockchains like eos, stellar, waves, neo and it is actually very difficult for polkadot to become ethereum killer considering ethereum still has advantages over this, but if ethereum makes a mistake it's not impossible polkadot will become ethereum killer.
Ethereum has face tougher competitions in the past just amongst the projects that you have mentioned. And so far, there are not even close to what Ethereum has achieved, so I doubt that Polkadot will be this Ethereum killer because there is none. What we are seeing is that Polkadot is just being hype, specially that we are in the bull run already. Every new project will have this kind of hype, similar to 2017. But I doubt that they can get even close to Ethereum as far as support or consensus in the altcoin community.

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September 08, 2020, 06:45:11 AM
 #8

Seriously? I mean, it's too early to tell, Polkadot is a good coin but Ethereum has been proven a good asset as it has survive many times in the toughest situation. Every time there's a new hype coin, some people would think they will be the best altcoin and will beat ETH and even think will beat bitcoin but it has to be tested through time as not all the time the market is bullish.

$38,862,051,232 is ETH's marketcap while $3,752,489,511 for Polkadot, that's too far away mate.

https://coinmarketcap.com/currencies/ethereum/
https://coinmarketcap.com/currencies/polkadot-new/
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September 08, 2020, 06:49:55 AM
 #9

I am really big fan of Ethereum I am waiting for Ethereum 2.0.
Many Crypto experts said that Polkadot is the upcoming Ethereum killer . I don't think so. You guys know more share your opinions..

I believe polkadot is the another hype , the project hasn't
Delivered anything of value yet how about we wait until
We create  something that somebody can actually use.

I dont think polkadot will be last long at the top 10 because it still a new project that still got a lot to improve first. To challenge ethereum at the second top will be impossible cause ethereum price are more stable then polkadot. Polkadot price is just the hype and after the hype gone i bet polkadot will drop from the top 10. 

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September 08, 2020, 06:59:53 AM
 #10

Polkadot is currently the toughest competitor for ethereum compared to other platform blockchains like eos, stellar, waves, neo and it is actually very difficult for polkadot to become ethereum killer considering ethereum still has advantages over this, but if ethereum makes a mistake it's not impossible polkadot will become ethereum killer.

actually, only real comparison to Polkadot is Cosmos network, since they are both offering block-chain interoperability and smart contracts functionality, all others are offering only one, or part of both, but Polkadot and Cosmos seem to be most comprehensive at the moment
would also add Zilliqa, but i do not know why are they that much behind when speaking about smart contract platforms, they already have implemented sharding, similar to what Ethereum is trying with ETH2.0
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September 08, 2020, 07:08:07 AM
 #11

this thread reminds me of the yfi/fyi defi that also said to be the killer of btc where thier value skyrockets over what btc achieved on the past but did the btc got killed ? no because btc was still there but only the value of btc decrease a bit and i think that defi coin is somehow responsible for that . moving on theres this thread that and theres this polkadot  .  this polkadot has recieved some notable feedbacks and i dont consider it like the coin i mentioned above , in other words this has a chance to score versus eth
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September 08, 2020, 07:44:12 AM
 #12

For being an ETH killer it has to go a long way and to catch up the ETH will take considerable time and community support. As for me , now is the time to buy in to DOT from Binance , as the price has gone down .
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September 08, 2020, 07:45:40 AM
 #13

Polkadot is not Ethereum killer
Check out the links from this post
https://bitcointalk.org/index.php?topic=5272296

Announcements of projects
https://forum.web3.foundation/t/teams-building-on-polkadot/67
http://polkaproject.com/

Statistics
https://polkastats.io/

The main difference between Polkadot and
Ethereum is that it's hard to run shit on Polkadot.
To launch projects on the Polkadot network, you will need to deposit a lot of DOT tokens to join the network, so many projects attract these tokens in exchange for their own.



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September 08, 2020, 08:37:08 AM
 #14

I am really big fan of Ethereum I am waiting for Ethereum 2.0.
Many Crypto experts said that Polkadot is the upcoming Ethereum killer . I don't think so. You guys know more share your opinions..

I believe polkadot is the another hype , the project hasn't
Delivered anything of value yet how about we wait until
We create  something that somebody can actually use.
I have never heard of Polkadot myself, so for now we also cannot immediately judge that Polkadot is the Ethereum token killer for the future, although some experts say so, but it could be that it will miss estimates when this.

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September 08, 2020, 11:05:04 AM
 #15

I don't know if polkadot will become the ethereum killer but it's good that there are some competition to ethereum platform. The gas fees is unbearable recently.

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September 08, 2020, 11:33:20 AM
 #16

I am really big fan of Ethereum I am waiting for Ethereum 2.0.
Many Crypto experts said that Polkadot is the upcoming Ethereum killer . I don't think so. You guys know more share your opinions..

I believe polkadot is the another hype , the project hasn't
Delivered anything of value yet how about we wait until
We create  something that somebody can actually use.

I would like to believe that it's a hype unless they can prove that they can deliver good features and platform we have a reason to believe that many people are shilling this project, Polkadot on their website stated that they are
Quote
on track to deliver the most robust platform for security, scalability and innovation.
they are still in their launching stage so people are still looking on their potential

https://polkadot.network/launch-roadmap/

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September 08, 2020, 11:50:11 AM
 #17

I am really big fan of Ethereum I am waiting for Ethereum 2.0.
Many Crypto experts said that Polkadot is the upcoming Ethereum killer . I don't think so. You guys know more share your opinions..

I believe polkadot is the another hype , the project hasn't
Delivered anything of value yet how about we wait until
We create  something that somebody can actually use.
We always have these experts to have a say. They can conclude everything that they can. I'm only ignoring this polkadot before but after reaching good number on the rankings, I've started to noticed it.

I haven't get into its roadmap but if it's getting a demand and this is just temporary, it doesn't have a sense. But once the defi dumps and it's becoming forgotten while it stays, then there's something in it.

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September 08, 2020, 11:56:11 AM
 #18

Yet another overhyped crypto. It will never be an ETH killer!

some cryptocurrencies that people have claimed to be "The ethereum killer" in the past but ended up where they belong, waaay below Ethereum: TRON, EOS, Cosmos, Nano, XRP, NEO, etc, etc

IMO, the whole "ethereum killer" thing is part of the cycle many (if not every extremely overhyped crypto) in the market will or has gone through at some point (like the aforementioned coins above), and these cycles usually fade very quickly...it's like people need some sort of idea that can fuel their belief of "this coin is going to moon" and "this will be the next big crypto"  in order to minimize the negative sentiments like "i think i fell for the FOMO" or "the price will tank very soon" or "i shouldn't have invested in this"...typical behaviour in this market

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September 08, 2020, 12:01:25 PM
 #19

Yet another overhyped crypto. It will never be an ETH killer!

some cryptocurrencies that people have claimed to be "The ethereum killer" in the past but ended up where they belong, waaay below Ethereum: TRON, EOS, Cosmos, Nano, XRP, NEO, etc, etc

IMO, the whole "ethereum killer" thing is part of the cycle many (if not every extremely overhyped crypto) in the market will or has gone through at some point (like the aforementioned coins above), and these cycles usually fade very quickly...it's like people need some sort of idea that can fuel their belief of "this coin is going to moon" and "this will be the next big crypto"  in order to minimize the negative sentiments like "i think i fell for the FOMO" or "the price will tank very soon" or "i shouldn't have invested in this"...typical behaviour in this market

we may agree on Polkadot, but you know day will come for Ethereum killer, if they do not speed-up their work on ETH2.0 and improved scalability, we all know it, maybe that wont be Polkadot or Cosmos, or other that you have listed, but without technical improvements that these two are offering, Ethereum cannot support all the projects that are currently deployed on the network and high fees will influence changes, primarily for micro-transactions projects, such as block-chain games, to try and find other platforms that will suit there needs for low-fee transactions
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September 08, 2020, 12:06:05 PM
 #20

I don't know if polkadot will become the ethereum killer but it's good that there are some competition to ethereum platform. The gas fees is unbearable recently.
Apart from the problem of Ethereum gas costs which have been unbearable lately, if new tokens such as polkadot can be considered as the killer of Ethereum tokens that have long stood firmly in crypto, then it is certain that Polkadot tokens are better tokens than Ethereum tokens, but if it happened the other way around, then the predictions from the experts would only become funny and trite and would become the material of ridicule from others later.

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