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Author Topic: Is this the Ethereum killer?  (Read 879 times)
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February 13, 2021, 09:17:42 PM
 #21

If you want to know who kills Ethereum in the future, consider the name of its CEO "VB". Doubts about the future of ethereum may be caused by increasing gas and a lot of nonsensical transactions that users have to make just because they don't want to be left behind when the price of token under the ethereum platform soars in the market.

BSCs are a real threat to ethereum, and I think they have relatively lower fee than ethereum. BNB will become stronger and will be a solution when other altcoins have increased fee.

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February 13, 2021, 09:38:41 PM
 #22

If you want to know who kills Ethereum in the future, consider the name of its CEO "VB". Doubts about the future of ethereum may be caused by increasing gas and a lot of nonsensical transactions that users have to make just because they don't want to be left behind when the price of token under the ethereum platform soars in the market.

BSCs are a real threat to ethereum, and I think they have relatively lower fee than ethereum. BNB will become stronger and will be a solution when other altcoins have increased fee.
Judging by the situation of the Bitcoin network which some people consider transaction confirmation to be a drawback and many altcoins were created even Ver created his own fork coin but they all failed. Have you guys for once asked yourself why? It because it not always about the TPS but the community trust, decentralization and legacy.
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February 13, 2021, 09:40:09 PM
 #23

EOS transaction volume capacity beats ETH. NEO, XTZ and ADA were all thought to be ETH killers. Which of them has really succeeded?

But Binance is very much different, compared to all those you've mentioned it has a lot of services to offer to the community and they are very active in contributing to the betterment of the industry, Binance is still young and they still have a lot to give to the community, it will become a backbone of the industry and will soon land in the top 5.

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February 13, 2021, 09:50:29 PM
 #24

BSC has definitely been a game changer since it was brought as an alternative as the fees are (and will probably remain) way cheaper than ETH based transactions and it is already giving a complex to ETH from the very beginning, not just considering the userbase of Binance alone but also its partner (merger) exchanges coming ahead in support of it by using and utilizing this chain over there. I also like TronChain (TRC20) transfers which are very quick and zero fee transfers, but all I'm worried for is the security of my transaction, though never faced any issues till date but not so many exchanges are using that chain as I believe they don't want to miss out of the expensive fees that they're collecting through their users.

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February 13, 2021, 09:52:37 PM
 #25

EOS transaction volume capacity beats ETH. NEO, XTZ and ADA were all thought to be ETH killers. Which of them has really succeeded?

But Binance is very much different, compared to all those you've mentioned it has a lot of services to offer to the community and they are very active in contributing to the betterment of the industry, Binance is still young and they still have a lot to give to the community, it will become a backbone of the industry and will soon land in the top 5.
It all matters with the recognition and demand but eventually those projects or coins that had been mentioned above are really a solid candidate for and ETH killer type of characteristics.

Just like in all altcoins in the market is really been called to be the next bitcoin or bitcoin killer but no one had able to overtake it out in terms on getting the top spot.

For now we can really tell that BSC is good but lets see if it would really be getting some recognition and people will trying to believe that it is way more better than
on what we are currently seeing with ETH.

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February 13, 2021, 10:18:31 PM
 #26

binance has more excess rather than ethereum,
but for sure binance coin will not surpass ethereum or even kill this ethereum mate, its really hard to be true

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February 13, 2021, 11:36:25 PM
 #27

from my understanding, smart chain is not accessible from US?
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February 13, 2021, 11:41:56 PM
 #28

EOS transaction volume capacity beats ETH. NEO, XTZ and ADA were all thought to be ETH killers. Which of them has really succeeded?

But Binance is very much different, compared to all those you've mentioned it has a lot of services to offer to the community and they are very active in contributing to the betterment of the industry, Binance is still young and they still have a lot to give to the community, it will become a backbone of the industry and will soon land in the top 5.
It all matters with the recognition and demand but eventually those projects or coins that had been mentioned above are really a solid candidate for and ETH killer type of characteristics.

Just like in all altcoins in the market is really been called to be the next bitcoin or bitcoin killer but no one had able to overtake it out in terms on getting the top spot.

For now we can really tell that BSC is good but lets see if it would really be getting some recognition and people will trying to believe that it is way more better than
on what we are currently seeing with ETH.

Hard to surpass what eth has achieved so far in the market. Though Binance Smart Chain is a good competitor, however, when you talk about crypto users who are familiar with the usage of it, I don't think it will come close to eth users. But the more competition that we have in the market, the better for users. As we will see better services. I hope eth team will fast track the launching of their Phase 1 of Eth 2.0 so maybe, we will see the improvements on their network.
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February 13, 2021, 11:43:56 PM
 #29

EOS transaction volume capacity beats ETH. NEO, XTZ and ADA were all thought to be ETH killers. Which of them has really succeeded?
In recent days palkadot too got added to the list. Everything has got its importance and value. The market dominance hasn't decreased at any point due to the rise in the gas fee. This means people believe in the potential and the development of ethereum over any other cryptocurrency available in the market. If there is decrease in the dominance, then we can state some other cryptocurrency is gonna take the lead against ethereum. For now there is no altcoin to take the position of ethereum.

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February 14, 2021, 12:09:39 AM
 #30

My first question is how did CZ made it to Forbes front papers. the guy is influential now is on top of his game. well BSC has gain a huge tractions and will continue to make huge gains but can not match the same size of transaction been made on the ethereum blockchain. ethereum remains the number spot for smart contract. i am certain that if binance take the same amount of contracts on the ethereum, it will experince the same high fee issues.

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February 14, 2021, 01:31:22 AM
 #31

Binance smart chain is very promising and a very good contender for ethereum blockchain knowing that its more convenient with a lesser transaction fee however I don't think that it will be the ethereum killer but I can see that there is a huge potential for either EGLD or DOT to be the ethereum killer after the long run.

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February 14, 2021, 04:10:15 AM
 #32

Binance smart chain is very promising and a very good contender for ethereum blockchain knowing that its more convenient with a lesser transaction fee however I don't think that it will be the ethereum killer but I can see that there is a huge potential for either EGLD or DOT to be the ethereum killer after the long run.
I believe that ethereum in the future will be much stronger than it is today. The adoption of ethereum 2.0 will be seen in the long term. I don't think its competitors will be able to kill ethereum. but the closest I think is Cardano and BNB.
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February 14, 2021, 04:40:23 AM
 #33

Why do people fail to recognize such a clear pattern as what happens with 'ETH-Killers' that are of any significance: they end up contributing to ETH as a second layer solution. The truth of the matter is there is a huge ecosystem which is dependent on the success of the Ethereum Network in the long term and thus it will not be going away any time soon
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February 14, 2021, 09:11:18 AM
 #34

actually the Binance Smart Chain is becoming increasingly popular it has more and more dapps and innovations but i believe that the real reason why it is undermining the primacy of the ethereum blockchain is the value of the fee that are much lower
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February 14, 2021, 09:21:37 AM
 #35

My opinion is completely different that diversity in the crypto market gives us many options.  Ethereum has too many competitors in this market, but its position in this market is completely different. I think that the crypto market will hardly have any coin to compete with the current position of ethereum, let alone that it could kill ethereum.
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February 14, 2021, 09:53:39 AM
 #36

One of the burden of small investors and traders are high gas fees of ethereum network thats why they like to use binance smartchain because of low fees compared to ethereum. This is very insane extremely high gas fee hope vitalik take an action regarrding on this issue as soon as possible if he dont want ethereum community supporters move to other better blockchain that offer fast, good and affordable services.
Think and ask the opposite, why the network is back to congestion, since what ethereum built right now is too big and almost every sector and problem has ethereum,  its coverage is more precisely this as shown by its capitalization.  And ethereum's development team is well aware of their problem, I believe the ETH 2.0 upgrade will help solve any problems, but ethereum is still very good and is the top choice for many as well  as me.
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February 14, 2021, 12:04:26 PM
 #37

I don't know why I'm still so confident with ETH, whether my brain has been washed that it is still the best. how to determine that bitcoin can be better than ETH  Grin

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ven7net
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February 14, 2021, 12:28:26 PM
 #38

I don't think anyone is tasked with being an ETH killer. Probably those who are talking about this do not know the history of the development of the crypto industry. I would suggest replacing the word killer with a competitor in such conversations, this would be a more or less normal comparison, and even then not 100%. Why kill ETH? This is stupid and unnecessary, since ETH really has huge support from the crypto community, which means that you can try to compete with ETH, but this does not mean that someone will succeed in replacing ETH. Moreover, we have already seen such statements many times, but no one has been able to overtake ETH. Probably just no one wants to do this, but just everyone develops to the best of their ability. I am personally a supporter of crypto including ETH and I believe that all crypto assets are good if they benefit the crypto community.
kesmex
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February 14, 2021, 12:50:47 PM
 #39

I don't know why I'm still so confident with ETH, whether my brain has been washed that it is still the best. how to determine that bitcoin can be better than ETH  Grin
I think there is no problem that you still believe in Ethreum because most people also believe in Ethereum,
but indeed when compared to bitcoin ethereum will not be able to shift it,
what is certain is that the two coins need not be doubted

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777Jolami
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February 14, 2021, 12:57:31 PM
 #40

This is only based on reports when Fomo made requests to increase emotions for other coins, a different way than when you see Doge (meme coin) started and protested how? Meanwhile, the transaction volume of ETH is no problem. Consider to be fair, ETH still maintains its inherent transaction volume but it doesn't have the added stimulants for more growth. With ETH, I am confident and just need to wait patiently for ETH 2.0 to improve compatibility.
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