Polygon (MATIC) vs Ethereum

[kenelmark]

What do you think? Is Polygon (MATIC) better than Ethereum? If not, why? Do you think Polygon has a chance of overcoming Ethereum in the future? Isn't the market saturated with many smart contract platforms already? Your input will be greatly appreciated. Thank you.

I don't think we can compare Ethereum to Polygon. If we force a comparison between Ethereum and Polygon, I think this is an irrelevant comparison. Polygons can only be compared with Polkadot and its equivalent coins.

[jorgesalcedo]

So far, many projects have competed with Ethereum. None of them could win against Ethereum. MATIC is a really great startup, but it can't compete with Ethereum. I hope the MATIC project will proceed successfully, but I think Ethereum will be unrivaled and market leader.

[tvplus006]

At the moment, very few projects have been created on the Polygon blockchain, so you can't compare Matic with the Ethereum network. There are so many blockchains that have very low fees on the network, but none of them even came close to ethereum to be called a competitor.

[devil2man]

poligon / matic is a project too new to be able to think of annoying and taking the place of eth at the top of the altcoins, meanwhile the fees on transactions on the eth blockchain have decreased a lot and in any case the most likely candidate to be able to replace eth is bnb on bsc

[bekti3]

matic is for now a lot of people who idolize it and it was proven when the matic shot up but I think this matic is very good but only for the short or medium term, not for the long term.
other than that comparing it to ethereum I think it's too early for that, even though ethereum is still having problems in gas but ethereum is still the prima donna among altcoin lovers and it's too early for polygon to compare with eth especially it is claimed to be better it's still too early

[macson]

The new kid in town (Polygon) has been on the rise lately. Many "De-Fi" lending platforms that were on the Ethereum blockchain have switched to Polygon (MATIC). The reasons for such a move are quite obvious. Ethereum's high fees and slow processing times makes it unsuitable for "De-Fi". It's why some people are moving into alternative smart contract platforms like the one mentioned earlier. If the trend keeps up, Ethereum might lose market dominance as its rivals gain traction in the mainstream world. First it was Polkadot, then it was Binance Chain, and now it's Polygon (MATIC). Which of these platforms will beat Ethereum is yet to be seen.

What do you think? Is Polygon (MATIC) better than Ethereum? If not, why? Do you think Polygon has a chance of overcoming Ethereum in the future? Isn't the market saturated with many smart contract platforms already? Your input will be greatly appreciated. Thank you.

ethereum will not be shifted because polygon and bsc use erc20 as a reference and fix fees only.  although ethereum is classified as a "blood-sucking coin" because of its high fees, the trading volume of ethereum every day is very large and active on almost all existing exchanges.  

[SirLancelot]

And now this is the comparison? We had eth vs bnb for like a year now and now it is time for matic vs eth? Can we just stop with comparison and hope that they all do great? I want matic to do great, I want ethereum to do great and I want bnb to do great, while we are at it I want bitcoin to do great, and litecoin to do great, hell even doge to do great even though I dislike it personally because every single coin doing great would mean that we are talking about something that is beneficial for everyone.

One of those coins going up usually means the market is going up, I haven't seen too many times when a coin goes 100% higher while all others stay the same or go down, that means in most probable situations if a coin goes up too much then all others are going up as well. Which is why I hope ALL coins go up, not just some, and I do not compare them, I want them all to succeed.

[haidil]

In theory, changing matic to polygon is of course a special attraction because with this indirectly the fee problem on the eth blockchain is at least slightly resolved with this. besides that, matic also creates a second layer on the ethereum network, so that DeFi users can transact in collaboration with polygons, and at a lower cost and don't leave the ethereum network. I think this is very good and of course I'm not the only one who thinks like that because this is the main attraction for the fans.
but even though it's like that for now, I think matic is only good for trading and for short-term investment, because with things like this and the pump that has happened before, I think it's too risky to do it in the long term.
and regarding matic, which is better than eth, I don't think this can happen yet and the possibility is very small for matic to beat eth. even though eth is too big in terms of gas but polygons are also more or less still referring to him besides that there are still many people who like eth therefore it is very unlikely that matic beats eth

[Shallow]

The new kid in town (Polygon) has been on the rise lately. Many "De-Fi" lending platforms that were on the Ethereum blockchain have switched to Polygon (MATIC). The reasons for such a move are quite obvious. Ethereum's high fees and slow processing times makes it unsuitable for "De-Fi". It's why some people are moving into alternative smart contract platforms like the one mentioned earlier. If the trend keeps up, Ethereum might lose market dominance as its rivals gain traction in the mainstream world. First it was Polkadot, then it was Binance Chain, and now it's Polygon (MATIC). Which of these platforms will beat Ethereum is yet to be seen.

What do you think? Is Polygon (MATIC) better than Ethereum? If not, why? Do you think Polygon has a chance of overcoming Ethereum in the future? Isn't the market saturated with many smart contract platforms already? Your input will be greatly appreciated. Thank you.

What I do know is that, the team of a platform will always choose what they think is right, and in most cases they end up doing the right thing and in some cases, the wrong thing. Having this in mind, one will see clearly that the issue is not actually moving from one blockchain to another but the main focus is achieving whatever aim and objective the team already sets out.
Now, if we remember clearly, this year or late last year, BSC chain took the center stage and some projects from Ethereum blockchain migrated to it, new projects found it easier because of low case fee and some projects knowing that Ethereum will always remain the king of smart contracts created a sort of token bridge hence having their token both on Ethereum and BSC.
Nevertheless, as time goes on, it became evident that the reason for migration is to pump their token price at that juncture and after that, no much development again.
The reason for all these Is, same thing is going to be experienced in Polygon as only few projects will migrate to achieve their goals and many doing so just to create hype, pump their token and that's it.
In my opinion after all said and done, a lot of these projects will still go back to Ethereum moreover, Ethereum gas fees is reducing drastically. And No, Polygon do not stand a chance at overtaking Ethereum, BSC tried after all hype and yet it didn't.

[Rengga Jati]

Is Polygon (MATIC) better than Ethereum?

Although many people move to Matic, it doesn't mean that Matic is better than Ethereum. I am sure that because of the lower fee, many people choose this and how they see the fundamentals of that coin itself. However, recently, Etherum platform also has decreasing fee, so that it may be mean that Eth will be back to its good condition 

Do you think Polygon has a chance of overcoming Ethereum in the future?

And of course, many people will also say so, like what happens to previously such as DOT, NEO, EOS, and others, said that they are better than ETH, will replace Ethereum, but in fact, they still can't. Not know if in the future.

[7788bitcoin]

no not btc or anything but it was the eth that use that have the feature that they are comparing but sadly eth gone bad  .

Are you talking about trading pairs with ETH, they are planning for the upgrade for a long time and the change they are planning to implement is really complex and it will take a long time for them to implement everything but we are yet to see how a major platform moving to POS will perform and whether they will be centralized like we expect all POS coins are.

you will understand it if your one of the people that use it before but eth could still be better in some aspects because the coin remains in the second spot .

Do not trust the rankings as everything can change easily, example is Doge and it is was no way near the top ten and one rally and it raked well above some of the top coins we thought will never change, so rankings means nothing and we will see changes according to the market movement.

[revilo]

Is Polygon (MATIC) better than Ethereum?

Although many people move to Matic, it doesn't mean that Matic is better than Ethereum. I am sure that because of the lower fee, many people choose this and how they see the fundamentals of that coin itself. However, recently, Etherum platform also has decreasing fee, so that it may be mean that Eth will be back to its good condition 

Do you think Polygon has a chance of overcoming Ethereum in the future?

And of course, many people will also say so, like what happens to previously such as DOT, NEO, EOS, and others, said that they are better than ETH, will replace Ethereum, but in fact, they still can't. Not know if in the future.

For me that is a natural process for now. People move to Binance Smart Chain and Matic because it is cheaper to interact with the network. There is nothing weird about it. Those networks currently offer the most favorable conditions from a user perspective and the user is what counts. Think about the mobile phone sector back when Apple had its debut. People just saw that the phone's usability is better than the usability of any other phone. Ethereum needs to improve quickly.

[tippytoes]

Is Polygon (MATIC) better than Ethereum?

Although many people move to Matic, it doesn't mean that Matic is better than Ethereum. I am sure that because of the lower fee, many people choose this and how they see the fundamentals of that coin itself. However, recently, Etherum platform also has decreasing fee, so that it may be mean that Eth will be back to its good condition 

Do you think Polygon has a chance of overcoming Ethereum in the future?

And of course, many people will also say so, like what happens to previously such as DOT, NEO, EOS, and others, said that they are better than ETH, will replace Ethereum, but in fact, they still can't. Not know if in the future.

For me that is a natural process for now. People move to Binance Smart Chain and Matic because it is cheaper to interact with the network. There is nothing weird about it. Those networks currently offer the most favorable conditions from a user perspective and the user is what counts. Think about the mobile phone sector back when Apple had its debut. People just saw that the phone's usability is better than the usability of any other phone. Ethereum needs to improve quickly.

We will see if there will be such improvements this coming month when they implement this EIP 1559. Right now, some crypto users are using BSC or this Matic because of economical fees. But ETH network is still the popular one. Also, I haven't seen a lot of Matic users here, more on BSC users. Matic right now may have the advantage in terms of network fees over ETH, but it doesn't mean that they are popular than ETH. We will know if there will be a lot of projects creating under Matic network. But right now, ETH is still leading among them.

[NewRanger]

comparing polygon and ethereum or ethereum with another platform will not get certain answer. all of platform have their advantages and disadvantages to applied, most investors or project developers concern on transaction fee not in simplicity in token creation. creating smartcontract in ethereum, bsc, polygon or other platform need high skill programming. And now how about  comparing all platform with Hathor network which provide feature smart contract creation in only single click and zero fee.

[RussianEnglishTranslation]

The new kid in town (Polygon) has been on the rise lately. Many "De-Fi" lending platforms that were on the Ethereum blockchain have switched to Polygon (MATIC). The reasons for such a move are quite obvious. Ethereum's high fees and slow processing times makes it unsuitable for "De-Fi". It's why some people are moving into alternative smart contract platforms like the one mentioned earlier. If the trend keeps up, Ethereum might lose market dominance as its rivals gain traction in the mainstream world. First it was Polkadot, then it was Binance Chain, and now it's Polygon (MATIC). Which of these platforms will beat Ethereum is yet to be seen.

What do you think? Is Polygon (MATIC) better than Ethereum? If not, why? Do you think Polygon has a chance of overcoming Ethereum in the future? Isn't the market saturated with many smart contract platforms already? Your input will be greatly appreciated. Thank you.

I trade 0xMR and WasabiX on Polygon but I think $NEAR will make Polygon obsolete.

[zasad@]

Polygon looks more attractive compared to other platforms because its interface is compatible with Ethereum and does not require any complex configuration. Polygon's liquidity is very good across major trading directions.
I don't see any reason to use other decentralized platforms yet.