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Author Topic: Polkadot can take place of Ethereum?  (Read 980 times)
tvplus006
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November 19, 2020, 09:39:30 AM
 #21

It is very difficult to say how Polkadot will behave when its network is loaded as it was recently with the Ethereum network. In addition to Polkadot, there are many other Ethereum killers, but I think that every network has a right to exist and each network will have its own fans.

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November 19, 2020, 09:47:48 AM
 #22

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 ...
This is the truth, global acceptance is much important when it comes to cryptocurrency. As of now bitcoin and ethereum is the much accepted cryptocurrency in the global market. When the market keeps widening there'll be need of advancement. Maybe the same will be fulfilled by new cryptocurrencies. So we can't conclude that ethereum gets replaced by Polkadot, only the demand gives the result.

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November 19, 2020, 10:40:30 AM
 #23

Still, polkadot needs more time to take the place of ethereum, and no one will know if that can happens or not. But if polkadot can invite more investors to their project, that can help the project to grow bigger and in that time, polkadot will have a chance to lift the positioning step by step and in the end, polkadot can take the place of ethereum. But to be honest, it will be tough competition for polkadot to compete with ethereum as the ethereum has already become bigger and has many investors. They won't let ethereum place to be replaced by the other coins. But we will see it later.

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November 19, 2020, 11:21:36 AM
 #24

Just because it was made by a co-founder of Ethereum doesn't mean it's going to be ETH killer. Those features you mentioned doesn't matter because Ethereum has a huge community and don't forget that Ethereum keeps on developing so Ethereum will always be next to Bitcoin. Unless, Polkadot became more convenient and becomes better when creating tokens.
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November 19, 2020, 12:53:07 PM
 #25

Polkadot really is an alt that interests me, it’s still so cheap so you really have nothing to lose by taking a punt on it. Buy some, HODL & forget about it, don’t obsess with checking the price. You might be surprised in a few years at where it goes.

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November 19, 2020, 12:54:40 PM
 #26

The problem is not to overcome Ethereum, but to overcome it in terms of development, membership, market and benefits for society. I believe that Polkadot(DOT) has potential but it's still too early to say that it can surpass Ethereum or any other project. So we need an project to show to a large mass of the population that crypto is an alternative to paying for quick transactions and Ethereum is showing this possibility.

Note* I write about projects that can do something for society. Now whether this will happen depends not on me, but on the project team. I'm just a writer... DYOR
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November 19, 2020, 01:29:00 PM
 #27

only time will tell all that polka dots to become ethereum competitors in the future maybe a few years polka dots will be one of the best platforms and will make a pretty good achievement the polka dots platform is quite perfect for investment as well and the current Polkadot price has gone up quite a bit. It is quite good that this year the Polkadot coin will be one of the top coin competitors as well and it will definitely happen that time will definitely run fast for the Polkadot blockchain to be the best.


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November 19, 2020, 01:55:09 PM
 #28

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?

Well in the crypto industry everything is possible. By the way, Polkadot is just one of the many competitors that want to dethrone the King of smart-contract which is Ethereum, But as we all know in the crypto industry old platforms has a lot of supporters that's why it's also an important factor why Ethereum is the leading smart-contract service provider but who knows in the near future maybe a twist of events will determine if Ethereum will still remain as the leading smart-contract platform.
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November 19, 2020, 02:06:17 PM
 #29

Polkadot is still too young to be able to beat ethereum, but for the next few years it seems likely that they can take the throne of altcoins from ethereum.
Because to achieve this goal, Polkadot can not only rely on their sophistication but also the strength of their community, and of course this takes time.



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November 19, 2020, 02:18:56 PM
 #30

As the day goes by new development come onboard and polkadot  have shown great features that will serve large amount of the concern being faced in the current network and I know in the feature any thing is possible, but what I can say is how it going to take the place of the ethereuem network.
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November 19, 2020, 02:24:43 PM
 #31

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?
Can't you compare Polkadot with EOS or NEO? Can't you put them head to head instead of using Ethereum, Polkadot haven't beat Tron or RSK yet you are now using Ethereum to compare, let's save this for another way when or if Polkadot manges to beat Tron, EOS, Neo, and others first

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November 19, 2020, 02:45:53 PM
 #32

So another coin attempting to replace ethereum, that's a big no. There are many coins threatening ethereum to take place but until now nothings happen. Ethereum is a giant of all altcoins, the problem of ethereum will be fix once the eth 2.0 release.

I myself am not expert about Polkadot but the coin is surely upto something. It got into the top 20 even before current bullish trend from nowhere and is still sticking around and now is inside the top 10 by marketcap. Just above of Binance coin. It's rise has not been dependent on rise or fall of any other coin. It is a coin to look at.
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November 19, 2020, 02:52:26 PM
 #33

So another coin attempting to replace ethereum, that's a big no. There are many coins threatening ethereum to take place but until now nothings happen. Ethereum is a giant of all altcoins, the problem of ethereum will be fix once the eth 2.0 release.

I myself am not expert about Polkadot but the coin is surely upto something. It got into the top 20 even before current bullish trend from nowhere and is still sticking around and now is inside the top 10 by marketcap. Just above of Binance coin. It's rise has not been dependent on rise or fall of any other coin. It is a coin to look at.
Polkadot does have technology that can be said to be capable and also very capable of competing, but if you say "replace" it will still be very difficult, even though it is polkadot. Ethereum is not only known as one of the biggest cryptos, but also has the largest user base today. ethereum is also more familiar in the blockchain community
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November 19, 2020, 02:53:13 PM
 #34

Polkadot is a very interesting altcoin but can't beat many top coins yet, is Polkadot better than NEO or Tron? I guess not, and Tron or EOS can't even beat or replace Ethereum, this competition is hilarious, I'm not underrating Polkadot but Ethereum is a king

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November 19, 2020, 03:25:56 PM
 #35

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?
This is the first time i have check their website about their mechanism and what is the major difference between the two even though i have seen this name in exchanges but after going through their governance it looks promising and lets see how how both will compete against each other and it would be wise to invest some money in Polkadot but i need to study further about their plan and with all these said advantages the price is lesser than ETC Grin.
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November 19, 2020, 03:53:28 PM
 #36

They may indeed do what Ethereum can't, but are they also doing what Ethereum has done? I don't think so or maybe it hasn't been seen yet. It will still take time to claim that. Many projects really have big ambitions to beat Ethereum, which is great for a more competitive market situation.
This is true many projects have big ambitios to beat ethereum but still failed. I don't think polkadot can take place ethereum and I doubt it will happen in the future. Ethereum has different use and advantages compared to polkadot, and even mostly creator of project choose to use the smart contract which is ethereum is very useful.
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November 19, 2020, 03:56:01 PM
 #37

what i see polkadot has advantages that not even Ethereum itself as you have already said especially about cross-blockchain features, decentralized network and governance. on the one hand I also admire Polkadot because I think this project is hype but unexpectedly recently the Polkadot Project was able to rank in the top 10 in the CMC Market. this proves its worth as the top crypto, however anything can happen in the crypto market but I am still optimistic that the Ethereum project can last long in the top market.

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November 19, 2020, 04:03:57 PM
 #38

Ethereum is more popular than polkadot even though everything is possible but I still believe that it can't take the place of ethereum because almost all people using ethereum blockchain and mostly people are more familiar in ethereum rather than in polkadot.

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November 19, 2020, 04:10:48 PM
 #39

You are right, Polkadot can take place of Ethereum. Polkadot is a good coin and transaction verry fast. Polkadot token has given investors a good profit. Its marketcap is also very good. I think Polkadot next ETH.
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November 19, 2020, 04:11:15 PM
 #40

There are a lot of "Ethereum Killers", the future hasn't been decided. I have a couple killers in my portfolio but I still hold Ethereum for the most part: Universa $UTNP and Radix eXDR.
Me too. We know that the history of crypto when there were so many platforms declared themselves as ethereum killer. They were still getting placed below ethereum.
I think that these platforms were declared themselves as ethereum killers to attract the people to try their platforms.
TRON gets dumped and EOS too.

Polka could be the next tron and eos.

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