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Author Topic: Is Polkadot going to Kill Ethereum?  (Read 2629 times)
gwdf1
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August 20, 2021, 03:56:08 AM
 #281

Polkadot is hyping since last year but does not show any tendency in making it up to take Ethereum position though there are 2 coins that make as close and those are.

Binance (BNB)

Cardano (ADA)

instead of Polkadot i would rather choose those 2 coins that has really great product and one of the most trusted coins/

As I remember, Binance Smart Chain works from 2017 and Polkadot launched only one year ago and parachains are launching only now, during this summer, so I think that it is just a question of time. I believe that one day Polkadot will be as popular as Binance Smart Chain now. I am doubting if it will be able to compete with Ethereum, but it must be popular.
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Ulvajaya
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August 20, 2021, 05:37:46 AM
 #282

From the results of my personal audit, after I studied charts from 4 decades that have passed, there seems to be no sign that polka dots will step past the selling price of more than the price of Ethereum. there are still many who like it to invest in polka dots maybe because the price is affordable by investors
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August 20, 2021, 06:57:05 AM
 #283

I don't think ethereum will compete with coins like polkadot, and not allowing polka dots to be a killer for ethereum because Gavin Wood designed Polkadot to be able to work in parallel with ethereum and side by side with other altcoins

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aquafinewater
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August 20, 2021, 03:32:00 PM
 #284

Dot working very well and no dout Dot project have a bright future now Dot price is not too much and also in buying range so buy it now and hold for future we can see dot on 100$ in this year

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August 20, 2021, 04:43:05 PM
 #285

Polka dot is an open-source project that works with shared protocol that enables Blockchain Networks to work with Synergy. The token serves three distinct purposes; Governance, Staking and Bonding. This is designed to co-exist with Leading smart contract Blockchains rather than competing with them. This is very appealing factor for some Investors. It won't be easy for the Polka dot to challenge Ethereum as many working projects are already using Ethereum Network even though Technically it is superior project but  It is already Home of 197 projects those are working on its networks  and many more willing to join it.

This is also evident from price movement that we have witnessed during the past month when its price moved from $2 to almost $6 that reflects great interest of Investors in this token. There are some predictions that within a year time , Dot will be Top 3 on Market cap.
This is very funny and I've never dreamt about it. Where is polkadot when it comes to market caps. This is a way developers had been using to attract investors in investing in there project. Many of this projects that is being agigated over the internet might not even be that successful at the later time. Polkadot might still do better but not to compete with it's Ethereum which we all know that it's still have greater tendency of going far.

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geegaw
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August 20, 2021, 04:58:11 PM
 #286

Polkadot is hyping since last year but does not show any tendency in making it up to take Ethereum position though there are 2 coins that make as close and those are.

Binance (BNB)

Cardano (ADA)

instead of Polkadot i would rather choose those 2 coins that has really great product and one of the most trusted coins/

As I remember, Binance Smart Chain works from 2017 and Polkadot launched only one year ago and parachains are launching only now, during this summer, so I think that it is just a question of time. I believe that one day Polkadot will be as popular as Binance Smart Chain now. I am doubting if it will be able to compete with Ethereum, but it must be popular.
The advantage and roadmap of ethereum 2.0 has been formed after months of delay while Polkadot and its team are stagnating like ethereum in the past, although their upgrade does not require a hard fork but giving the roadmap to users early is better than late, users are tired of promises with infinite waiting space. Future advantage with Polkadot is really not much for the sake of competition as they are like a miniaturization of ethereum, there are some points where ethereum has surpassed so much that it is something that Polkadot cannot establish in a short time

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ninkdwi
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August 20, 2021, 05:37:06 PM
 #287

Polkadot is hyping since last year but does not show any tendency in making it up to take Ethereum position though there are 2 coins that make as close and those are.

Binance (BNB)

Cardano (ADA)

instead of Polkadot i would rather choose those 2 coins that has really great product and one of the most trusted coins/
Even so, I think this really deserves special attention because considering that these polka dots are only a year old and it is possible that polka dots can now follow bnb in the future because considering the hype this coin is still continuing, especially in the last few weeks.
for comparison, maybe eth is too far considering the difference in age and prices are very different, but for polka I think it can be used as a recommendation considering that the price is still not too high. at least in the next few years I think this coin will be more promising even though it's not as big as there is, bnb or eth
Rexler
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August 20, 2021, 10:20:00 PM
 #288

Polka dot is an open-source project that works with shared protocol that enables Blockchain Networks to work with Synergy. The token serves three distinct purposes; Governance, Staking and Bonding. This is designed to co-exist with Leading smart contract Blockchains rather than competing with them. This is very appealing factor for some Investors. It won't be easy for the Polka dot to challenge Ethereum as many working projects are already using Ethereum Network even though Technically it is superior project but  It is already Home of 197 projects those are working on its networks  and many more willing to join it.

This is also evident from price movement that we have witnessed during the past month when its price moved from $2 to almost $6 that reflects great interest of Investors in this token. There are some predictions that within a year time , Dot will be Top 3 on Market cap.
If I'm not mistaken, dot was among the top 5 cryptocurrencies a few months ago? But now bnb and cardano are fighting really hard for that spot and cardano seems to wining cause with the smart contract hype it has at the moment bsc doesn't stand a chance, I think Polkadot should try beating cardano or bsc first, killing eth is still a long shot for it,there's no eth killer anyway.

sammy21
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August 21, 2021, 04:10:45 AM
 #289

There has been a lot of talk about its pretty good potential so far, but the reality is that his achievements have not been able to show that he can shift Ethereum's position, at least if he wants to replace ethereum, he will have to compete with two strong coins namely BNB and ADA.

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