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Author Topic: Polkadot is the Real Ethereum killer?  (Read 1117 times)
kapalmabur
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May 19, 2021, 02:33:03 PM
 #121

We're not going to see Polkadot's new network development kill or stop the adoption of the ethereum network. We have seen how transaction costs from ethereum have decreased slightly even though they are not yet stable. but ethereum in the correction that occurred in the market we can still see is a strong asset for us to have in the long term. although DOT is a popular asset this year.
We don't need to doubt ethereum because after all ethereum is a promising coin,
indeed so far what is still an obstacle is the transaction costs which can be said to be still high,
I hope it can be resolved soon because many people complain about it
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May 19, 2021, 02:38:29 PM
 #122

Indeed, currently polkadot is experiencing a tremendous increase, but if it will surpass the popularity of etherem it is very unlikely that this will happen, because the difference between ETH and polka-dot prices is very far, currently ETH is in second place.  while polkadot is in Rating 8 CMC.

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May 20, 2021, 10:26:40 AM
 #123

Currently Polkadot is a coin that has great potential, but it doesn't seem like the ethereum killer. Ethereum has become a giant in the crypto world, it is number 2 after bitcoin.
There's no way Polkadot will be able to kill Ethereum, because now it looks like a closer chance to kill Ethereum is BNB, and now BSC is becoming one of the attractions for many people leaving Ethereum which does have very high transaction fees.

Now a lot of projects use Polkadot blockchain for staking. Just some information about staking on Polkadot https://polkasyndicate.medium.com/ Polkadot blockhain is cheap and allows a cross-chain transactions. That is why it is so popular for staking.

Do you know the size of commissions in Ethereum blockhain for tokens transer? Now it is 100$. That is why Polkadot blockhain is so popular becaues it offers the best conditions for staking.
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May 21, 2021, 08:52:50 AM
 #124

Currently Polkadot is a coin that has great potential, but it doesn't seem like the ethereum killer. Ethereum has become a giant in the crypto world, it is number 2 after bitcoin.
There's no way Polkadot will be able to kill Ethereum, because now it looks like a closer chance to kill Ethereum is BNB, and now BSC is becoming one of the attractions for many people leaving Ethereum which does have very high transaction fees.

Now a lot of projects use Polkadot blockchain for staking. Just some information about staking on Polkadot https://polkasyndicate.medium.com/ Polkadot blockhain is cheap and allows a cross-chain transactions. That is why it is so popular for staking.

Do you know the size of commissions in Ethereum blockhain for tokens transer? Now it is 100$. That is why Polkadot blockhain is so popular becaues it offers the best conditions for staking.

The price of commissions in Ethereum blockchain depends how busy is network. Now when market flat the price of tokens transactions in Ethereum blockchain is about 20$. When market raise the the price of tokens transactions in Ethereum blockchain can be 100$ or even 200$.
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May 21, 2021, 09:46:10 AM
 #125

The problem with ETH gas fees is making people speculate on other platforms like PolkaDot. But once the ETH 2.0 kicks in, these fees will be burned and it will be a game-changer for ETH and we have to see the competition then. There are already a lot of good projects on the ETH platform and Dot may get some in the future.

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May 21, 2021, 09:51:48 AM
 #126

The problem with ETH gas fees is making people speculate on other platforms like PolkaDot. But once the ETH 2.0 kicks in, these fees will be burned and it will be a game-changer for ETH and we have to see the competition then. There are already a lot of good projects on the ETH platform and Dot may get some in the future.
I think if the problem is in the transaction fee, BSC has become a solution. the popularity of DOT, which I think is widely discussed and thought to rival ETH. but I believe it is too young for Polkadot to compete with ethereum to make such a claim.

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May 21, 2021, 09:53:57 AM
 #127

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.
So where is polkadot now? it does not even getting closer to Ethereum market cap.

Polkadot will never take ethereum's position for another 5 years.

The problem with ETH gas fees is making people speculate on other platforms like PolkaDot. But once the ETH 2.0 kicks in, these fees will be burned and it will be a game-changer for ETH and we have to see the competition then. There are already a lot of good projects on the ETH platform and Dot may get some in the future.
Here we are again? fee still? lol Ethereum now is not having that issue, why not try checking the fee now before making this shitpost.

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May 21, 2021, 10:26:29 AM
 #128

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 think that once that Ethereum 2.0 is already online, Ethereum blockchain will once again be more efficient and more convenient to us crypto enthusiasts and they will once again patronize the ethereum blockchain and I totally disagree that Polkadot will be the Ethereum killer because there still many chain that has a very good performance compared with polkadot blockchain.

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May 21, 2021, 11:09:21 AM
 #129

Ethereum killer? It seems an exaggeration to call it that way, although it cannot be denied that Polkadot has the potential to be a tough competitor to ethereum compared to other platforms, even platforms like stellar and neo are not able to match it.
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May 21, 2021, 12:45:47 PM
 #130

Now a lot of projects use Polkadot blockchain for staking. Just some information about staking on Polkadot https://polkasyndicate.medium.com/ Polkadot blockhain is cheap and allows a cross-chain transactions. That is why it is so popular for staking.
In my opinion, there are still not many projects that use the Polkadot blockchain, you can prove what I say through a comparison of the three platforms, ETH, BSC, and DOT, try to compare the three platforms, which platforms are mostly used by new project developers now.

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May 21, 2021, 01:02:04 PM
 #131

Ethereum killer? It seems an exaggeration to call it that way, although it cannot be denied that Polkadot has the potential to be a tough competitor to ethereum compared to other platforms, even platforms like stellar and neo are not able to match it.
Yes, it is a bit excessive to call him an ethereum killer and it doesn't seem that easy for sure,
after all ethereum is still the top coin and ethereum will certainly continue to grow,
despite all that I think polka-dots should be applauded because they have come this far

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May 21, 2021, 01:57:46 PM
 #132

I really like DOT but I don't think that it is an Ethereum killer. DOT's total supply is nearly ten times Ethereum's. It's not very possible to see DOT's price getting past ETH's in the future because of it I think.

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May 22, 2021, 07:28:55 AM
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 #133

I really like DOT but I don't think that it is an Ethereum killer. DOT's total supply is nearly ten times Ethereum's. It's not very possible to see DOT's price getting past ETH's in the future because of it I think.

If in Ethereum the price will be so high people would use other blockchains such as Polkadot. Now Polkadot blockhain is the most popular for staking. Here is statistics. https://twitter.com/PolkaSyndicate/status/1395076543236526083. This numbers shows how many people use Polkadot blockhain.

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May 22, 2021, 07:42:44 AM
 #134

Indeed, currently polkadot is experiencing a tremendous increase, but if it will surpass the popularity of etherem it is very unlikely that this will happen, because the difference between ETH and polka-dot prices is very far, currently ETH is in second place.  while polkadot is in Rating 8 CMC.
To beat a coin is not only seen from the price point of view, but in terms of trading volume and demand must also be seen, because if one of them increases significantly, the coin will experience an increase in its ranking which will also have an effect on its price increase.

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May 23, 2021, 10:28:55 AM
 #135

Currently Polkadot is a coin that has great potential, but it doesn't seem like the ethereum killer. Ethereum has become a giant in the crypto world, it is number 2 after bitcoin.
There's no way Polkadot will be able to kill Ethereum, because now it looks like a closer chance to kill Ethereum is BNB, and now BSC is becoming one of the attractions for many people leaving Ethereum which does have very high transaction fees.

Now a lot of projects use Polkadot blockchain for staking. Just some information about staking on Polkadot https://polkasyndicate.medium.com/ Polkadot blockhain is cheap and allows a cross-chain transactions. That is why it is so popular for staking.

Do you know the size of commissions in Ethereum blockhain for tokens transer? Now it is 100$. That is why Polkadot blockhain is so popular becaues it offers the best conditions for staking.

Size of commissions in Ethereum blockhain depends how buzy is the network. When Ethereum falls the commissions is not high. Now it is 20$. But even 20$ make staking in Ethereum unprofitable at all for most token holders.
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May 23, 2021, 10:33:43 AM
 #136

Polkadot has surely a big potential I believe. But people can create more supply than the current total supply if they want. Because the max supply is unlimited unfortunately. But it is not that easy to just do that. Because one who does such thing should ensure that people start using his/her own version of Polkadot. Otherwise, there will be no change if he/she makes some changes in the source code of the fork.

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May 23, 2021, 12:58:29 PM
 #137

Ethereum's genuine killer is BNB. look the number of individuals are discussing the binance smart chain recently, and investigate the presentation of the BNB coin in the market today. Polkadot can't be lined up with ethereum yet, so it is extremely unlikely DOT can murder ethereum. Polkadot is just utilized as an elective decision and has not had the option to contend with ethereum.

sorry it seems not, the number of people discussing BNB is not a factor in thinking that they are capable of being an ETH killer, because in fact the increase in BNB is also influenced by high ETH transaction costs, so investors are looking for alternatives in investing. the alternative is BNB because it is in 3rd place in crypto. Of course investors do this while waiting for ETH to find a solution to this problem.
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May 23, 2021, 02:56:45 PM
 #138

Numerous tasks are contending with Polkadot, for example, ksm, Waves, Tezos, Cardano, Stellar. Ethereum clients are packed, and fabricating a brilliant agreement on Ethereum is ruling over different ventures. Consistently there are numerous activities that are blooming yet not many of them give the re-visitation of the financial backers perhaps they have some special task. ETH and even think will beat bitcoin however it must be tried through time as not all the time the market is bullish.


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asyakashi
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May 23, 2021, 03:04:01 PM
 #139

I think the real Ethereum killers are DeFi and AMM exchanges like Uniswap, 1inch, they are huge exchanges that are very costly exchanges, the presence of them also makes gas nowadays quite expensive.

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asyakashi
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May 23, 2021, 03:06:57 PM
 #140

I personally don't think so, indeed Polkadot is being talked about at the moment. But it's not ETH if it's not able to survive and compete from year to year. and just look at yesterday ETH touched the highest figure in terms of price. even though ETH 2.0 hasn't been released yet.

Eth touch the highest price is because the hype of the whales they want to lure us to get a high price, because currently the development of eth has not stabilized in my opinion, and eth 2.0 takes quite a long time, I am a fan of eth when the cost is cheap, now have to switch because the cost is so expensive.

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