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Author Topic: Polkadot is the Real Ethereum killer?  (Read 1117 times)
Jackl87
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September 08, 2020, 12:10:04 PM
 #21

It all depends on Etherum itself in my opinion, because ETH will always have the advantage of being the first platform.
If they manage to release ETH 2.0 in the near future then Ethereum won't be killed by anyone in my opinion.
If they fail to deliver ETH 2.0 though then it's a different story. The Defi hype already showed that current ETH is already close to its limits in terms of scalability.
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September 08, 2020, 01:03:01 PM
 #22

The polkadot project has no doubt been very productive and it has gained substantial growth in a short while, but I don't see the project to be as laudable to be a fierce competitor for ethereum. The ethereum 2.0 project will be coming to live very soon and most of the issue we see in ethereum would be no more.
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September 08, 2020, 01:14:59 PM
 #23

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.






I have read about the project. Polkadot seems to be overblown a lot, a new project, and the same costly token creation costs as NEO did. With a price tag of 30 cents during the ICO and current prices, this project has increased in value more than 100 times. If I invest now, it can be a big risk for me. Perhaps I will consider investing in the project when the bear market happens.

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September 08, 2020, 01:15:17 PM
 #24

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.

Ethereum has been on top of their game for many years, and they bring a lot of innovation in the industry, Polkadot is a new project and people can see it's potential but it will take some time before they can challenge the position of Ethereum, this is good for the industry that Ethereum is challenged so they can improve more after Ethereum is having issues in their fees.

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Shasha80
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September 08, 2020, 01:15:45 PM
 #25

It is very provocative that the title of this topic, for me Polkadot will not be able to beat Ethereum for now. It is too early to conclude
that Polkadot can kill Ethereum, we have to see Polkadot's development first. There aren't even any popular projects that use Polkadot's
blockchain network yet. Now Polkadot's popularity is rapidly increasing, because there was hype like the DeFi projects. So there is no hard
evidence yet, which shows Polkadot can beat Ethereum.

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September 08, 2020, 01:50:29 PM
 #26

First, Polkadot was developed by some members of the Ethereum project and they know the downsides of the Ethereum network.
I wonder why they chose the RUST programming language over GO. Both of these languages ​​are unfamiliar to most programmers.
Polkadot solved the transaction costs and blockchain scalability problem of Ethereum. The problem is that people cannot pay too much for creating tokens on the Polkadot platform, which means Polkadot is not gradual for the majority of developers so Polkadot's ecosystem is not as rich as Ethereum.
The loser of Ethereum will be a better project, easier to develop, faster, more costly, and speedy.

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September 08, 2020, 02:04:18 PM
 #27

NEO, EOS, ADA, CHAINLINK, DOT and all of the smartcontract platforms that have already created after ethereum have already made their own self proclaimed to be the ethereum killer while they have no power to do that. They can't even take the XRP's position.

DOT is a new thing and people are still exploring it and no need to rush to call that as ethereum killer or something that is still too far to be achieved by DOT platform.

We will see whether people will migrate from ethereum or not.  Grin

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September 08, 2020, 02:15:56 PM
 #28

You could have imagine their marketcaps bro, the distance between the ethereum and the Polkadot is very much wider to compare the two. Ethereum has long had tougher competitors and none was able to dethroned it from it state, what I can see as a strong competitor to ethereum will be TRON but still will be a more tougher competition between the two. Eth 2.0 will give something new which will give it a highlanding in future.

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September 08, 2020, 02:40:31 PM
 #29

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.
Polkadot has emerged as a project that is solid and basically aims to become a bridge among ethereum and other blockchains while maintaining its own unique identity so i do not think there is anything like ethereum killer here.

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September 08, 2020, 02:47:26 PM
 #30

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.
So I'm hearing from that ultimately ethereum is the only one that can engrave itself and sort of give out the lead to competitors.
Otherwise, there is no such company to really compete with ethereum on its current level
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September 08, 2020, 10:10:35 PM
 #31

I do not know what polkadot is all about and only a song can get into my head after reading the word. Itsy bitsy tiny winny yellow polkadot bikini.

Anyway, as I made a quick search over the coin, I found out that it is all about scalability, innovation and security.
Quote
Polkadot provides unprecedented economic scalability by enabling a common set of validators to secure multiple blockchains. Polkadot provides transactional scalability by spreading transactions across multiple parallel blockchains.
Quote
Polkadot enables cross-blockchain transfers of any type of data or asset, not just tokens. Connecting to Polkadot gives you the ability to interoperate with a wide variety of blockchains in the Polkadot network.
Well it is a good project in my own opinion but it could not kill the ethereum network and all of the non sense talking were just exaggeration about this project. Yes it is good but no way it could kill ethereum. Besides the polkadot coin still making things to prove their worth if all they say about their project could really be done.

Source: https://polkadot.network/
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September 08, 2020, 10:20:32 PM
 #32

Polkadot is a good project, not just a HYPE. about Polkadot is Ethereum killer doesn't seem to be afraid like that. forever Ethereum will not be replaced even though many more projects have emerged with fresh concepts.

I am not overly confident but Ethereum already has a lot of users and there are also many DeFi projects that use the Ethereum blockchain.
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September 08, 2020, 11:58:42 PM
 #33

I will rather opt for Elrond (eGLD) to be a very top competitive for ETH than Polkadot. Having a look on the team, weekly progressive report and the GitHub activities will tell you that this would silent ETH on a long run. In fact, they are the one to implement sharding technology in which ETH is still finding a solution for

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September 09, 2020, 02:21:01 AM
 #34

It all depends on Etherum itself in my opinion, because ETH will always have the advantage of being the first platform.
If they manage to release ETH 2.0 in the near future then Ethereum won't be killed by anyone in my opinion.
If they fail to deliver ETH 2.0 though then it's a different story. The Defi hype already showed that current ETH is already close to its limits in terms of scalability.

They can and will fix the scalability issue I'm sure of that, they will not let things ruin their project because of the scalability, I'm sure they are working on it, I don't know Polkadot, but every time there is a new platform coming up its always hype as the one that will replace or kill Ethereum, let us see first what they are bringing to the people or let us wait for the results.

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September 09, 2020, 02:50:54 AM
 #35

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.
It is. But we cant totally bet on it until the real product of polkadot is running. Eth killer is a bigger claimed that should be backed by real working product that can be seen and prove that with its usage ethereum is gonna be second to that. There already a lot of claims about eth killer but no one can prove its usefulness of effectiveness in every aspect of blockchain like scalability and useability.

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September 09, 2020, 02:58:47 AM
 #36

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 wouldnt really count on any hype but im looking forward to polkadot. Tho i wouldnt say it prematurely that it would replace ethereum. Ethereum afterall already has a stable grounding and polkadot is so far only appealing because of the hype.




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September 09, 2020, 04:23:39 AM
 #37

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 don't think Ethereum going be kill by any coin or Polkadot going to kill anyone. Just more choose for developers, check out Ark and this video just another player https://www.youtube.com/watch?v=VshHRXQfxVY

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September 09, 2020, 04:28:01 AM
 #38

I'm a fan of Polkadot, smaller fee and faster
You should really take a look at
Equilibrium
They integrated with
Polkadot
and currently are pushing cross-chain with the highest possible liquidity by maximizing liquidity via non-custodial cross-chain liquidity pools
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September 09, 2020, 05:18:07 AM
 #39

If people talking about polkadot taking over ethereum just because etheruem fee is currenlty high I don't think that is sufficient reasoning because polkadot itself hasn't tested its capability of scalability and relatively a young platform and still not tested neither mature enough for us to assume its real capability.

I'm a fan of Polkadot, smaller fee and faster

It's smaller in fee and faster yes but the traffic itself is not that much compared to Ethereum and what makes Ethereum gas so expensive is the traffic.

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September 09, 2020, 08:17:10 AM
 #40

Many have been called the Ethereum killer but they don't mean shit. I don't know why this suddenly moon this year even though it was created way back with Gavin Wood as the founder. The only thing I can see is that for a new coin (not project since this was created 3 years ago), it's too overpriced and overhyped because of the new denomination which makes this project 100x smaller compared last time making it have an unusually large marketcap.

I'm really expecting this to dump hard this coming months once people realize this.
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