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Author Topic: Polkadot can take place of Ethereum?  (Read 977 times)
laredo7mm (OP)
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November 19, 2020, 04:07:36 AM
 #1

Polkadot offers better scalability than the ethereum blockchain. It offers relay chain, cross-blockchain features, forkless network, decentralized governance and all these are not available in the ethereum network. Actually, Polkadot offers all the solutions to those problems that the ethereum network can not. So many projects are using the Polkadot network. Do you think Polkadot is really Ethreum killer?
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November 19, 2020, 05:40:37 AM
 #2

Anything is possible but don't forget that even if Polkadot do better than ethereum it's still not on Polkadot to take over ethereum, developers who likes using smart contract to run their projects are the ones who will decide, if Polkadot becomes more favorable than ethereum then it's a big possibility

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November 19, 2020, 05:56:03 AM
 #3


I don't think so. You can see how much money is locked on ethereum defi while polka defi was only getting the hype from the launch of polka para chain. People were not using polka defi.
Ethereum has different advantages compared with polka. Link is much more popular than polka

There were some old projects that declared to be ethereum killers like EOS and TRON or even ETC

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November 19, 2020, 05:56:56 AM
 #4

There are many Ethereum competitors and more are still coming but the public will still choose and use Ethereum over them because Ethereum is the first, there are many bitcoin killer in crypto space today but still bitcoin is standing over them, the answer is very straight forward
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November 19, 2020, 06:43:12 AM
 #5

Polkadot offers better scalability than the ethereum blockchain. It offers relay chain, cross-blockchain features, forkless network, decentralized governance and all these are not available in the ethereum network. Actually, Polkadot offers all the solutions to those problems that the ethereum network can not. So many projects are using the Polkadot network. Do you think Polkadot is really Ethreum killer?

No, polkadot can't kill ethereum yet. Although there are many things ethereum lacks, their platform is hard to beat. ERC20 is currently still the best. But if Polkadot's future performance is the same as today, I think they have a chance to compete. And we must remember that ethereum will definitely not stand idly by as its competitors begin to threaten their popularity.

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November 19, 2020, 06:46:02 AM
 #6

I don't believe that Polkadot can beat ethereum, how about Polkadot defeating other smart contract projects? Polkadot vs ethereum isn't even close, Polkadot can stand against NEO or Tron, not Ethereum, every single time I visit coinmarketcap for new listed projects 99% of them are running on eth smart contract

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November 19, 2020, 07:06:24 AM
 #7

Polkadot offers better scalability than the ethereum blockchain. It offers relay chain, cross-blockchain features, forkless network, decentralized governance and all these are not available in the ethereum network. Actually, Polkadot offers all the solutions to those problems that the ethereum network can not. So many projects are using the Polkadot network. Do you think Polkadot is really Ethreum killer?
I don't think so. The popularity of Ethereum has been extraordinary. Some projects are also saying that they will be Ethereum killers. one of them is TRON. but in reality, Ethereum has yet to be dropped by other projects. Many project developers and teams still choose Ethereum smart contracts, so Ethereum is very difficult to kill for other projects. including polkadot.
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November 19, 2020, 07:13:34 AM
 #8

Actually, Polkadot offers all the solutions to those problems that the ethereum network can not. So many projects are using the Polkadot network. Do you think Polkadot is really Ethreum killer?
Maybe you are right. But those features havent fully take adoption on mass community. We should wait till polkadot roll this out. For now we all knew eth has been taking a good movement due to their intial launch of eth 2.0. With the statement eth killer, can somebody believes a top 2 marketcap leader can be easily overtake by some new project? It will take years for that. Maybe tech is quite good but killing eth in the process would be next to impossible.

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November 19, 2020, 07:23:48 AM
 #9

Do you think Polkadot is really Ethreum killer?
Can't say that until they fully release the Ethereum 2.0 that maybe will leave Polkadot eating the dust. Do this is possible but it will depend on the market and I think the Ethereum market is far huge than Polkadot alone especially in terms of users of developers but yeah it might be possible as Polkadot has far more strengths than Ethereum IMO but time will tell maybe wait for the next decade or even 5 years.
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November 19, 2020, 07:26:50 AM
 #10

I heard people talking about Polkadot a lot lately, calling it Ethereum killer and other similar names,but we heard those things before in the past.Same thing was said about EOS,ADA,BNB and few others whil all this Ethereum is still at top of similar platforms.

Polkadot price could inrceas a lot,but my money is still on Ethereum and i dont see anynthing overthrowing it anytime soon.
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November 19, 2020, 07:30:07 AM
 #11

Sorry pal as good as polkadot project is its not a worthy competitor for ethereum, compare polkadot to tron and eos, why cant we wait and see if polkadot can beat eos and tron first? ethereum is ahead of every new smart contract projects in crypto space today, many wants ethereum out of business but many developers still supports ethereum
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November 19, 2020, 07:49:36 AM
 #12

There are already quite a number of projects that have confidence in dealing with Ethereum, but until now, even a project like BNB has not been able to beat ethereum. Well, maybe anything can happen in the cryptocurrency world, but I think it's too soon to draw such a conclusion.

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November 19, 2020, 07:54:47 AM
 #13

I don't believe that, I still don't know why people likes comparing new smart contract projects with ethereum, is ethereum the only smart contract that's fit the challenge? How about others that are toping? Like

1. RSK
2. Stellar
3. EOS
4. Tron

Which new smart contract project have beaten this ones yet? Lol

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November 19, 2020, 07:55:24 AM
 #14

Polkadot offers better scalability than the ethereum blockchain. It offers relay chain, cross-blockchain features, forkless network, decentralized governance and all these are not available in the ethereum network. Actually, Polkadot offers all the solutions to those problems that the ethereum network can not. So many projects are using the Polkadot network. Do you think Polkadot is really Ethreum killer?
Not another so called Ethereum killer, we have seen so many attempts already that I doubt that someone will really replace Ethereum as this point. And as we obviously seen in the price, investors are looking for prime mover coins like BTC and Ethereum sad to say because there's where the money it. Perhaps DOT has what it takes or is really better than Ethereum, but without any consensus support from the alt community, it won't replace Ethereum by any chance. BNB even attempted as well, but nothing went well eventhough is is back up by CZ himself.
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November 19, 2020, 08:38:19 AM
 #15

In my opinion nothing can replace Ethereum, because Ethereum has a lot of good communities and they have believed for a long time so it is impossible to replace them with new ones even though polka dots have good deals does not mean that everyone wants to move and leave Ethereum. So in essence, polka dots will never be able to kill the Ethereum network forever.

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November 19, 2020, 09:12:19 AM
 #16

It can happen, but it's not easy. Currently Ethereum is still the most trusted altcoins and indeed they are the best, especially if the 2.0 upgrade is successful.
However, all possibility can be happen in the crypto world, Polka could be a more efficient choice for several reasons as you mentioned.



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November 19, 2020, 09:12:25 AM
 #17

I think I will focus more on which is most decentralized, transparent, secure, censorship resistant, immutable, fraud-proof, participatory, consensus-driven, trustless/permissionless, privacy-friendly/anonymity-friendly... Plus, which has the best rules/protocol, has most users running full nodes to control their assets & take part in consensus etc.


I find the Forkless Network quite interesting though. Hopefully I will read about it someday to understand it well.
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November 19, 2020, 09:20:17 AM
 #18

No new crypto project can beat Ethereum, even if they introduce better use case and utilities the community love surrounding ethereum is way stronger than any altcoins combined, there will always be new smart contract projects but they can't beat Ethereum
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November 19, 2020, 09:21:29 AM
 #19

Polkadot offers better scalability than the ethereum blockchain. It offers relay chain, cross-blockchain features, forkless network, decentralized governance and all these are not available in the ethereum network. Actually, Polkadot offers all the solutions to those problems that the ethereum network can not. So many projects are using the Polkadot network. Do you think Polkadot is really Ethreum killer?


Polkadot offers a lot, but only global acceptance decides success.

Meanwhile ETH continues to enjoy that ...
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November 19, 2020, 09:27:04 AM
 #20

Many altcoins out there already have better specification than Ethereum and they flops. it's all matters on whether people gonna use it or not regardless of what feature you are offering or they are offering. ETH could become what it is today because a long and strenous process of building its community from the ground.
So if you're asking whether it could become Ethereum killer, maybe it will but no one know for sure because it's the market that decides.

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