reza7777
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August 16, 2021, 04:38:53 PM |
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The problem of fees is still not resolved by ethereum and the alternative is that many people are currently focused on BSC and polygon, maybe if these two platforms can handle transactions on a large scale it will be a threat to ethereum
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MarjorieZimmermanGinger
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August 16, 2021, 05:15:31 PM |
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We all know about huge transaction fees, not the most convenient scaling and the difficulties of entering the ecosystem. Are there projects that will provide people with the best conditions for the implementation of their ideas in the cryptoworld?
Currently, the problem with society is the transaction costs are so expensive, so that whatever is done becomes a burden in the future, the high costs force people to look for alternatives to avoid it. Many projects today need the best ideas for them to use, almost everyone gives ideas according to their mindset, not based on proper analysis and study, if you want to see good projects, need to monitor project bounty in the near future, there are many projects that we can see clearly there.
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GaxviiBuss
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August 16, 2021, 07:12:03 PM |
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Yh sure, but is close contemporary is Binance smart Chain Contract as its gas fee is as low as anything which gives it an edge. than ethereum, though Tron network is also (Trx) can compete since it possesses necessary inherent quality to thrive. However, most of the coin mentioned is still somehow far from ethereum but has the quality to compete.
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jostorres
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August 16, 2021, 09:32:07 PM |
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Currently, the problem with society is the transaction costs are so expensive, so that whatever is done becomes a burden in the future, the high costs force people to look for alternatives to avoid it.
Many projects today need the best ideas for them to use, almost everyone gives ideas according to their mindset, not based on proper analysis and study, if you want to see good projects, need to monitor project bounty in the near future, there are many projects that we can see clearly there.
That's the type of problem that gets solved automatically. One thing has a huge tx fee? then people will move to something else, people move to something else? then there are less people here and that drops the tx fee. Simple as that, when people rush to use ETH then gas fee will be high, when people go to BSC because ETH gas fee is high, then there will be less people in ETH world and that will drop the price. The other day I wanted to check how much would it be to swap my USDT to ETH in ETH network, never did that first thing so I had to pay that AND for swap at the same time, you know the thing you pay before your first ever swap for that token, then it is free, that thing and swap together costs 40 dollars. That is not going to make ETH appeal to anyone, there are people who use it of course but they do not prefer that neither, so it will gradually go down because people like me will keep on leaving until price reaches to a decent level.
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altixz
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August 17, 2021, 07:15:53 PM |
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Now Ethereum has a lot of competitors. Thanks to the gaming NFTs, players paid attention to cryptocurrencies. Now there are many gaming communities such as https://twitter.com/LiquidationsOf?s=09 and their number is only growing. No project can survive without a large community now, so it is very important to support a large community and attract new users to it even while the market is falling. For any project, it is important to have a large community and a large number of users. The more people use the platform tokens, the higher the demand for them and they grow in price.
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coin-investor
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August 17, 2021, 09:55:42 PM |
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We all know about huge transaction fees, not the most convenient scaling and the difficulties of entering the ecosystem. Are there projects that will provide people with the best conditions for the implementation of their ideas in the cryptoworld?
Binance smart chain is a good candidate from what you are looking for created by the industry leaders with a great vision, it answers all we need for cheap fast transactions and a tool for developers to manifest and implement their ideas, many developers are now migrating and creating a cross-chain on Binance chain.
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SlimShadyMmp
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August 17, 2021, 10:17:37 PM |
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Solana AVAX BSC and many more heck even cardano is a worthy competitor and it seem many of those coins are pushing smart contracts toward the the end of the year So I will say buckle up for you are about to get into the ride of your life and so many competition will break out between many coins but personally I will be rooting for ada or dot that is where my eye lay their rest
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Shasha80
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August 17, 2021, 10:30:42 PM |
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Solana AVAX BSC and many more heck even cardano is a worthy competitor and it seem many of those coins are pushing smart contracts toward the the end of the year So I will say buckle up for you are about to get into the ride of your life and so many competition will break out between many coins but personally I will be rooting for ada or dot that is where my eye lay their rest
With the development of the crypto world, Ethereum currently has several competitors. Although Ethereum may still be more popular, because Ethereum already exists before the others, but as time goes by, Ethereum can definitely be replaced if it doesn't innovate for the better. From several Ethereum competitors, maybe only BSC has the potential to replace Ethereum in my opinion, although it probably won't happen anytime soon. In the end we all as users will decide to choose the best, then if you choose ADA or DOT it might be the best according to your choice.
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lalabotax
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August 17, 2021, 11:20:11 PM |
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Isn't this a very long and continuous issue change? There are several projects that claim that a latest platform can beat Ethereum. Like BSC, Tron, Polygon, and so on. But are they able to defeat him? Not necessarily, so far it can't.
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awik p
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Pepemo.vip
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August 18, 2021, 07:12:44 AM |
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Isn't this a very long and continuous issue change? There are several projects that claim that a latest platform can beat Ethereum. Like BSC, Tron, Polygon, and so on. But are they able to defeat him? Not necessarily, so far it can't.
Currently the matic network is also growing rapidly so that it provides a very competitive competition, but after we see it doesn't seem to be able to match ethereum. even BSC which is currently booming, it seems as if investors' confidence remains on Ethereum
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Pelana vreo
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August 18, 2021, 08:57:37 AM |
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Isn't this a very long and continuous issue change? There are several projects that claim that a latest platform can beat Ethereum. Like BSC, Tron, Polygon, and so on. But are they able to defeat him? Not necessarily, so far it can't.
as far as i know, users and developers will choose the platform they want, high transaction fees make users choose blockchains like Tron and BSC to get lower fees, we only need $1 to send USDT with Bep20 network and $10 for withdrawals on the ethereum network if you withdraw funds from the exchange to the wallet, in this no case, but users will prefer low fees to make transactions.
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TastyChillySauce00
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August 18, 2021, 09:00:17 AM Last edit: August 18, 2021, 09:13:04 AM by aubert |
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Isn't this a very long and continuous issue change? There are several projects that claim that a latest platform can beat Ethereum. Like BSC, Tron, Polygon, and so on. But are they able to defeat him? Not necessarily, so far it can't.
Currently the matic network is also growing rapidly so that it provides a very competitive competition, but after we see it doesn't seem to be able to match ethereum. even BSC which is currently booming, it seems as if investors' confidence remains on Ethereum It will take time for other similar coin to take over ETH because ETH was already popular since a long time ago and the market capitalization is multiple time of BNB but BSC is doing really well at how it can bring many projects to their platform although it's now looks like it's stuck. The others simply become alternative for ETH and maybe will always stay like that.
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gurunanakji777
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August 18, 2021, 11:29:06 AM |
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There are already blockchains that are also growing BSC, TRON, Polygon, and Solana and on these network transaction cost is quite less as compare to ethereum chain. Ater London hardfork upgrade ethereum is more demanding in the market due to deflationary model adoption. For now, ethereum chain is quite strong as compare to their competitiors but we never know about the technology anything can happen in this market but people would love to use those who will be compatible with different blockchains with less fee and at present BSC is giving a good fight to ethereum.
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kidbounty
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August 18, 2021, 11:52:54 AM |
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We all know about huge transaction fees, not the most convenient scaling and the difficulties of entering the ecosystem. Are there projects that will provide people with the best conditions for the implementation of their ideas in the cryptoworld?
BSC, Polygon, Tron, or Solana are alternative platforms that can be an option. their platform is even claimed to be better than ethereum and has a cheaper fee. so they are potential competitors of ethereum in the future. actually currently ethereum is not the main choice for developers, they are more interested in BSC. I see that since the fees on the ethereum network have increased, new projects released are using more BSC. This proves that the competition in the Smart contract platform has already started.
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conected
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August 18, 2021, 02:45:38 PM |
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Yh sure, but is close contemporary is Binance smart Chain Contract as its gas fee is as low as anything which gives it an edge. than ethereum, though Tron network is also (Trx) can compete since it possesses necessary inherent quality to thrive. However, most of the coin mentioned is still somehow far from ethereum but has the quality to compete.
it's best for the purpose of competing with ethereum, don't just look at the transaction fees that ethereum requires, but look at the many other advantages that ethereum has. I don't think there is any altcoin that can compete with ethereum at the moment. developments that continue to be made by its developers make ethereum more and more in demand by the public, - Although developers that are associated with Ethereum can transform from features to general public needs but you also can't forget that they are users too, maybe their origin is from ethereum but the projects are enabling creativity on a different platform, they are not stored forever in ethereum, they can come to ADA, BSC, even something separate. Outdated thinking and thinking that ethereum is having no competition only leads to the demise of the platform, I believe they also know that and are constantly trying to reduce transaction fees
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Bertyda
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August 18, 2021, 05:03:42 PM |
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Now Ethereum has a lot of competitors. Thanks to the gaming NFTs, players paid attention to cryptocurrencies. Now there are many gaming communities such as https://twitter.com/LiquidationsOf?s=09 and their number is only growing. No project can survive without a large community now, so it is very important to support a large community and attract new users to it even while the market is falling. Community support is an important part of the development of any project. The larger the community, the higher the liquidity of the project and the higher the price of its tokens.
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rezasg
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August 19, 2021, 08:48:09 PM |
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We all know about huge transaction fees, not the most convenient scaling and the difficulties of entering the ecosystem. Are there projects that will provide people with the best conditions for the implementation of their ideas in the cryptoworld?
I'm absolutely bullish with XSN - the native currency of Stakenet. This project has solid fundamentals and an amazing team of developers. I strongly believe this project will going to have a bright future ahead. Their upcoming Layer 3 Lightning DEX will going to make any transactions and settlements instant, fee-less, scalable, cross-chain, private, API supported and no wrapping. They are building a real BTC/ETH (and ERC20) bridge.
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rosebrand
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August 19, 2021, 10:24:00 PM |
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Due to the short comings of ETH many blockchains has been launching claiming to become ETH killer and some even claiming to replace ETH, so many blockchains with same purpose of creation no uniqueness no differences which is so bad. But well i found one outstanding blockchain called Near protocol, instead joining the list of blockchains to claim ETH killer, it rather stands as a complement to ETH, the Near Ecosystem has a project(Aurora) launched on it's blockchain which provides developers and users the experience of Ethereum on top of NEAR Protocol
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NicNacCoin
Sr. Member
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PredX - AI-Powered Prediction Market
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August 19, 2021, 11:29:55 PM |
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At present, when we compare any blockchain platform after Ethereum, we understand it as a non-smart chain platform. Since you said right after the Ethereum platform, I know you're definitely smart The chain speaks of the platform. Nowadays this Binance Smart Chain platform has gained a lot of popularity. People are now smart enough to get a substantial increase in transaction fees on the Ethereum platform. Chose the chain platform. Transactions on the finance smart chain platform take very little. And the transaction time takes much less. The way the Binance smart chain platform is gaining popularity is a little out of place Will go much further in the day.
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zayika570
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August 22, 2021, 10:06:53 AM |
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Now Ethereum has a lot of competitors. Thanks to the gaming NFTs, players paid attention to cryptocurrencies. Now there are many gaming communities such as https://twitter.com/LiquidationsOf?s=09 and their number is only growing. The opportunity to earn money from games attracts many players to NFT. Usually, players follow modern technologies and use NFT to collect and earn money on games. Gaming NFTs are very popular now, most of them are located on the Ethereum blockchain. Because of this, the commissions on the Ethereum blockchain are very high
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