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Author Topic: Polkadot is the Real Ethereum killer?  (Read 1117 times)
giammangiato
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September 09, 2020, 08:30:28 AM
 #41

Yes I really think that Polkadot could be the Ethereum Killer, probably not tomorrow but for the end of the next year will be probably. The polkadot technology is one of the best that I have ever seen and read about, we will see great things about this project

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September 09, 2020, 08:51:58 AM
 #42

We mustn't take crypto expert's words seriously their job is to create hype and false news so they could make huge profit with their investment whenever a top coin performs good these crypto expert come up with their non reasonable statements just for their own profit that's what they always do anyways I strongly believe that polkadot is not capable to compete with ethereum but it may be a decent coin which can give more impressive performance.
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September 09, 2020, 08:57:33 AM
Merited by dzonikg28 (3)
 #43

There were already too many Ethereum killers! Grin
I think that Polkadot will just add to this list... But of course it will not become a killer!

By the way - there is a small project Chromia, which will have Byzantine fault tolerance and sharding, like ETH 2.0... The launch of mainnet is scheduled for late September... Another Etherium killer! Wink

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September 09, 2020, 09:18:15 AM
 #44

Polkadot has been making wave in the cryptocurrency space lately, several people have made substantial profit trading the DOT token. The polkadot ecosystem has been around for only a few months and has made great progress in the space.
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September 09, 2020, 09:45:01 AM
 #45

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 is still new coin and performing well still now. Today most of the new tokens are created and developed on the basis on ethereum platform and these tokens are known as ERC20 tokens. Recently people are moving to TRX for few reasons like Ethereum transaction fees, time wasting in transaction. Hence TRX is cheaper and quick in transaction. If ETH makes mistakes, hence Dot and TRX can take the place of ETH. It is too early to compare with ETH, we have to wait another few years.
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April 14, 2021, 08:30:17 AM
 #46

If you think about it right now the competitor for the real Ethereum killer is BSC. we see now BSC is starting to show great performance to be able to compete with ethereum. while polka dots do not have any development.
but it is not strong enough even the BSC is not able to kill ethereum compared to polka-dots. it's just an issue
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April 14, 2021, 12:33:35 PM
 #47

Ethereum's real killer is BNB. look how many people are talking about the binance smart chain lately, and take a look at the performance of the BNB coin in the market today. Polkadot can't be aligned with ethereum yet, so there's no way DOT can kill ethereum. Polkadot is only used as an alternative choice and has not been able to compete with ethereum.

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April 14, 2021, 12:52:16 PM
 #48

There were already too many Ethereum killers! Grin
I think that Polkadot will just add to this list... But of course it will not become a killer!

By the way - there is a small project Chromia, which will have Byzantine fault tolerance and sharding, like ETH 2.0... The launch of mainnet is scheduled for late September... Another Etherium killer! Wink
But DOT more likely much better rather than some "Ethereum Killers" Out there? On-Chain Governance & Forkless Upgrade is the main features that i suppose not exist on other chain, There also some alternative like BSC, TRX, etc but for now DOT is the better choice from my perspective. Anyway will look about this Chromia, Thanks for the info mate!
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April 14, 2021, 03:28:51 PM
 #49

Whether or not Dot is the "ethereum killer" or another project will be, history tells us new technology comes along and surpasses legacy technologies, so maybe this year , 10 years from now or 100 someone will come up with something that diminishes eths use case.

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April 14, 2021, 07:40:52 PM
 #50

Polkadot, Cardano, EOS, etc are all run by morons.

To kill ETH all you need to do is copy/paste it and make it faster and cheaper. That's exactly what CZ did with BSC, and it's surpassed all the other silly ETH competitors very quickly.
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April 14, 2021, 08:49:58 PM
 #51

Polkadot is really a good project, I like it to be honest. But I'm not sure about whether it will be able to take Ethereum's place. And Polkadot's circulating supply amount is around 8 times Ethereum's. It is also one of the things that will prevent Polkadot from being more valuable than Ethereum.

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April 14, 2021, 09:00:10 PM
 #52

Polkadot, Cardano, EOS, etc are all run by morons.

To kill ETH all you need to do is copy/paste it and make it faster and cheaper. That's exactly what CZ did with BSC, and it's surpassed all the other silly ETH competitors very quickly.

you have a point! lol and look at what BSC is doing right now, you can see the impact alone on the price of BNB. you will see new projects utilising BSC network or old projects suddenly switching to BSC. so where are the other eth killers doing? even if BSC is a centralised one, still these devs and users are going into it because of the popularity of binance as well as cheap fees.
no doubt they step up its position in the market and now currently holding the top 3 position. eth team should rectify their gas fee prob very soon or else, projects are turning away from their platform.

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April 14, 2021, 09:08:36 PM
 #53

Polkadot, Cardano, EOS, etc are all run by morons.

To kill ETH all you need to do is copy/paste it and make it faster and cheaper. That's exactly what CZ did with BSC, and it's surpassed all the other silly ETH competitors very quickly.
You feel very strongly. Fast and centralized platforms were invented enough before binance.
If something happens to binance and their bridge stops working, then you will look at your millions in the blockchain, from which coins cannot be withdrawn.
EOS raised $ 4 billion on ICO, no one needs this platform.
Ethereum and Polkadot make decentralized platforms where you can safely store your funds.

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April 14, 2021, 09:30:00 PM
 #54


You feel very strongly. Fast and centralized platforms were invented enough before binance.
If something happens to binance and their bridge stops working, then you will look at your millions in the blockchain, from which coins cannot be withdrawn.
EOS raised $ 4 billion on ICO, no one needs this platform.
Ethereum and Polkadot make decentralized platforms where you can safely store your funds.

BSC has the exact same security model as ETH

Binance does not have access to your private keys, just as ETH devs don't have access to your private keys. You can self-custody BNB just as you self-custody ETH.

You seem to be thinking about your funds held on Binance exchange, which are not yours, they are Binance's funds.

Sure, Binance can change their protocol whenever they want, but so can ETH (if you haven't noticed, they hardfork about once a month... ex: EIP 1559 is an extremely controversial hardfork which devs are bruteforcing in despite a lot of legitimate pushback)

In BSC, you're trusting Binance devs, in ETH, you're trusting ETH devs.

You don't need a fully decentralized system to host DeFi/NFT projects; you only need enough for them to be open and KYC-less. BSC opted for more centralization with PoS, so they can gain 100x cheaper and faster transactions. A very smart trade.

If regulators ever attempt to control these DeFi projects, projects on ETH are just as vulnerable as BSC (start fining amazon for allowing ETH nodes to be run on aws, and ETH dies; it needs commercial cloud services to run nodes)

And binance-bridge facilitates moving assets from ETH to BSC. If this died, BSC would not die. Also this service does not need to rely on Binance the exchange; it can be done all on-chain
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April 15, 2021, 12:29:42 AM
 #55

Know what  ? im all in .... DOT
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April 15, 2021, 02:40:11 AM
 #56

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 is indeed a great project offers something quite unique, but I doubt if Polkadot is the real Ethereum killer, because if it is true then it should be having higher marketcap than Binance Smart Chain now, if you go on CoinMarketCap site you will see that bnb is among the top 3 coins now, since it simply solves the basic problems people have with Ethereum Network which are high gas fees and slow transactions, although BSC is a copycat of Eth network with some features, I think there's a possibility of bnb reaching eth if the ETH 2.0 won't be out in the next 2years,so for me BSC is eth killer.
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April 15, 2021, 12:44:36 PM
 #57

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 can invest in a coin because how good it is, but none of these altcoins claiming to be Ethereum killers can do what they claim that they can do,; they can’t kill Ethereum, eth is going to be there and these altcoins are just going to make waves and before you know it they will die off quietly. But, indeed there are lots of them that are really good and they are worth investing.

I believe that they are going to be doing really well in the future, but not as a replacement for Ethereum. Polkadot is going to be one of those really good projects that are here to stay. I am not looking forward to anything more than that.

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April 15, 2021, 12:53:29 PM
 #58


Polkadot is indeed a great project offers something quite unique, but I doubt if Polkadot is the real Ethereum killer, because if it is true then it should be having higher marketcap than Binance Smart Chain now, if you go on CoinMarketCap site you will see that bnb is among the top 3 coins now, since it simply solves the basic problems people have with Ethereum Network which are high gas fees and slow transactions, although BSC is a copycat of Eth network with some features, I think there's a possibility of bnb reaching eth if the ETH 2.0 won't be out in the next 2years,so for me BSC is eth killer.
you are right, I think it is like that too. BNB is the closest and most potential asset at the moment when we look at the increasing popularity of BNB. It's just a matter of waiting for the capitalization of BNB to continue to increase, even though it is still too far from ETH.
this situation could have gotten even closer when ETH did not immediately resolve their problem of exorbitant transaction fees. BNB by launching the BSC is already very popular nowadays and is a good solution for traders.

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April 15, 2021, 03:30:47 PM
 #59

If I am correct Polkadot is still on testnet and hasn't arrived officially. It is not as old project as Cardano and we have to give it time. Cardano has produced nothing yet and still investors are giving it chances to proceed with development. I think that Polkadot is about hype too, and that these prices are often misrepresenting the functionality of blockchain systems under development, however we don't have reasons not to think that Polkadot may have a good chance in becoming an ethereum killer project.
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April 15, 2021, 04:55:25 PM
 #60

Polkadot is really a good project, I like it to be honest. But I'm not sure about whether it will be able to take Ethereum's place. And Polkadot's circulating supply amount is around 8 times Ethereum's. It is also one of the things that will prevent Polkadot from being more valuable than Ethereum.
comparing ethereum to polka dots is simply not correct...
polkadot new appeared but surprisingly were able to achieve the current price and market capitalization. if we think polkadot will 'kill' ethereum then we look like someone who underestimates eth. Let's stop the 'ethereum killer' joke.



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