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Author Topic: Is Polkadot going to Kill Ethereum?  (Read 2629 times)
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February 24, 2021, 07:07:25 PM
 #201

hmm not only Polkadot which is a close competitor Ethereum, but there are still some other top altcoin like BNB and can even also for altcoin out there can be a killer Ethereum, but I think it will not happen in the near future. ethereum still dominates the second rank based on market capitalization CMC.

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February 25, 2021, 06:59:02 AM
 #202

Guys, please find out what this project is and what is its purpose. And only then draw conclusions. Don't mislead people by creating artful competition

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February 25, 2021, 08:06:14 AM
 #203

Ethereum is more popular coin than polkadot and people trust Ethereum more than any altcoin because of the safe investment. Eth showed a gradual growth which is acceptable for almost every traders the reason is every trader want long term investment so Eth is always good for long term investment. Polkadot will take time to reach 1k$ milestone.
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February 25, 2021, 08:33:23 AM
 #204

lot of coin claim that they will kill and take ethereum crown beside bitcoin but until now no one can do it but i believe if ethereum still this slow to push eth 2.0 maybe cardano, polkadots and the one and only binance move this fast in growing with binance smart chain and low gas fees ethereum will get left behind 

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February 25, 2021, 08:39:33 AM
 #205

lot of coin claim that they will kill and take ethereum crown beside bitcoin but until now no one can do it but i believe if ethereum still this slow to push eth 2.0 maybe cardano, polkadots and the one and only binance move this fast in growing with binance smart chain and low gas fees ethereum will get left behind 
Yes, all of that is just a bluff of new tokens and coins so that they are always being glimpsed by many people, especially investors, so it's only natural that they will say that so people think they are strong, even though until this very second Ethereum is still is in a position of its own and nothing can disturb it except Bitcoin.
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February 25, 2021, 09:44:31 AM
 #206

Ethereum is more popular coin than polkadot and people trust Ethereum more than any altcoin because of the safe investment. Eth showed a gradual growth which is acceptable for almost every traders the reason is every trader want long term investment so Eth is always good for long term investment. Polkadot will take time to reach 1k$ milestone.
There is a huge gap between these two coins, while ethereum has been here for a long time, Polkadot is just a newbie, wanting to take the place of ethereum is the desire of many other altcoins but in the end, ethereum is proving its position to be unshakable. This competition is probably just a mutual stimulus, Polkadot's value has soared and ethereum has also started to fix its problems, rather than saying Polkdadot is trying to kill Ethereum, we should say that the two are going up together, competition for growth and this is beneficial for us to invest

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February 25, 2021, 10:13:47 AM
 #207

Polkadot show very promising growth and development in just a short span of time which is very significant to make it a good contender of ethereum blockchain. And because of that there is a very huge possibility that it can surpass and out perform ethereum especially in terms of transaction speed and gas fee which is mostly needed by us crypto enthusiasts. In addition, If the Eth 2.0 will not fix the problem they are having within their blockchain, I can strongly say that its an end of an era for ethereum and its the beginning of a new powerhouse blockchain and that is "POLKADOT".

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February 25, 2021, 01:20:15 PM
 #208

I can still say that it still depends on whether polkadot will present a big coming project that will attract investors to invest a large amount there is a chance to seize the ethereum throne in the coinmarket but to do this polkadot must not just promise to show of the evidence that polkadot will outperform ethereum so that many investors will believe and increase its investors but based on my opinion it is unclear that polkadot will replace ethereum in coinmarket because ethereum is a big project and many support ethereum.

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February 25, 2021, 02:32:14 PM
 #209

Polkadot has its popularity nowadays. late last year a lot of people talked about it and early last year in the pump market she also had her moment. I think the potential for Polkadot to compete in the market with Ethereum, as well as BNB, will be even harder. but to kill ethereum I think polka dots will take decades longer when ethereum is no longer on the market.
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February 25, 2021, 03:41:32 PM
 #210

We don't know and can make sure 100% that it is true depending on the market that will determine it later than that at least we see BNB is in position 3 marketcap, which indicates BNB is the closest to ETH even though the difference is still too far for now but if the market is binance smart chain continues to increase, the price of BNB will continue to rise.
I don't understand why binance is here and its pricing policy. As for me, DOT is a very interesting project with a good future. There may be corrections in the market, there is nothing without them, but in the long dot it will definitely be better than ether and this will affect its price.
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February 25, 2021, 04:16:35 PM
 #211

idont think so its defend on chart bro . may be polkadot can kill ethereum killer or maybe bnb can be a ethereum killer , but for me its better to hold polkadot now soon it will be a greate high price in comming years hold polkadot

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February 26, 2021, 11:11:24 AM
 #212

hmm not only Polkadot which is a close competitor Ethereum, but there are still some other top altcoin like BNB and can even also for altcoin out there can be a killer Ethereum, but I think it will not happen in the near future. ethereum still dominates the second rank based on market capitalization CMC.

Traders get used to Ethereum as the most wild-popular and trusted cryptocurrency after BTC, as well as project developers get used to create their new projects on ETH Blockchain. That is the one of the reasons why BNB is not a competitor to ETH. As for Polkadot, it's a very promising crypto on very attractively constructed Blockchain but we still need time to see if it will gain such popularity as ETH Blockchain.



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February 26, 2021, 09:14:28 PM
 #213

Ethereum do not just take the second for position, it is the most robust ecosysytem in the space and will take more than what Polkadot is doing to dethrone Ethereum, the scaling issue is a big threat to Ethereum for now but there are a lot of L2 solutions coming to the market that will help to alleviate the gas price issues when Dapps starts deploying them, just imagine Uniswap and Sushi move to L2 the gas price will plummet instantly because these 2 are great user of the Ethereum resources. Polkadot is a good tech but need to deliver not just the hype


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February 28, 2021, 02:33:49 PM
 #214

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.

First of all i am not agree that DOT will beat ETH as lots of projects finished and runing with ETH or ETH blockchain. Yea as a new in market DOT has explore too much as its function and blockchain system is very good but we have to bear in mind that ETH 2.0 has came side by side of ETH. So day by day they will also upgrade their system and ETH will be more faster. So I think after BTC will be carry number one altcoin in market.
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February 28, 2021, 04:54:24 PM
 #215

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.

First of all i am not agree that DOT will beat ETH as lots of projects finished and runing with ETH or ETH blockchain. Yea as a new in market DOT has explore too much as its function and blockchain system is very good but we have to bear in mind that ETH 2.0 has came side by side of ETH. So day by day they will also upgrade their system and ETH will be more faster. So I think after BTC will be carry number one altcoin in market.
I think it's more possible that Cardano can come close to ETH. As for ETH 2.0 it will need some time to do it. Cardano has done same for like couple of years so I don't think ETH can do it so fast.
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February 28, 2021, 07:43:10 PM
 #216

I think it's more possible that Cardano can come close to ETH. As for ETH 2.0 it will need some time to do it. Cardano has done same for like couple of years so I don't think ETH can do it so fast.

Ah .. Cardano fan Smiley
Since its launch, Cardano has often claimed to be the Ethereum killer.
Even though the development of Cardano has been good so far, they still rank below Eth.
When Ethereum's planned upgrade was successful, improvements Proof of Stake, Plasma, and Sharding.
The other smart contract platforms like Cardano might quickly become irrelevant.
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February 28, 2021, 07:48:31 PM
 #217

It's not designed to be an Ethereum killer. Gavin Wood himself stated that Polkadot is designed to work in parallel and be complimentary to ethereum and co-exist with each others.

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February 28, 2021, 07:57:42 PM
 #218

Ethereum is one altcoin that has a large community and many other altcoin project are still working under the Ethereum today. BNB and DOT are competitors and no one know what the future of these altcoin will be like. But I still firmly believe those two altcoin won't kill Ethereum for a long time, but it could still happen if Ethereum fail to fix the fee problem.

There have been many who have tried to compete with the ethereum platform, but many of them have not succeeded because the ethereum platform has been used by thousands of alcoint which are currently circulating on various exchange markets and there are many more alcoint projects that are being built using the ethereum platform ... maybe it could surpass ethereum but not for the resilience and popularity of the ethereum platform which nowadays every cryptocurency user must have.
All the altcoin on the market today especially the top 10 altcoin are Ethereum's competitors to be the best. Although someday there will be altcoin that can beat ethereum's current market capitalization, but in term of usability, I think Ethereum is still superior.

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February 28, 2021, 08:22:52 PM
 #219

Ethereum do not just take the second for position, it is the most robust ecosysytem in the space and will take more than what Polkadot is doing to dethrone Ethereum, the scaling issue is a big threat to Ethereum for now but there are a lot of L2 solutions coming to the market that will help to alleviate the gas price issues when Dapps starts deploying them, just imagine Uniswap and Sushi move to L2 the gas price will plummet instantly because these 2 are great user of the Ethereum resources. Polkadot is a good tech but need to deliver not just the hype

It takes time, I agree with your statement ETH didn't went up there doing nothing, but by providing useful services where developers enjoyed and really take advanatages of all those available offers.

High fees might turned things against ETH but there's always solutions coming from the team and they'll address it out in order to provide the service with much cheaper possible gas fees.

If Polkadot aimed to dethrone ETH they needed to be more competitive not just hyping but to gather real support
from business side and investors eyes.

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February 28, 2021, 11:01:52 PM
 #220

Such huge commissions can really turn everything against ethereum, especially until Ethereum 2.0 comes out, the Dot in theory has time to kill ethereum

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