Is there a new blockchain that will compete with Ethereum?

[bakasabo]

It is doubtful that someone can compete with Ethereum. How many Ethereum killers we have right now already? How many projects aims to be Ethereum killers? Hard to calculate. None of them succeeded. All of them dont compete, they live parallel life. They just complement blockchain and cryptocurrency. They have their own fan base and users. Second reason - Ethereum was just first. It is just like Bitcoin - first and most popular. It is more knows to people, people are most used to it and wont switch to other blockchain.

[marine4u]

How many Ethereum killers we have right now already? How many projects aims to be Ethereum killers? Hard to calculate. None of them succeeded.

I don't think we should be conservative in this regard.  The introduction of other revolutionary blockchains such as Sol, ADA, and BNB in ​​the market is very positive to create an overall picture of the development of this industry.  They have all demonstrated good ideals and intentions for use and speculation.  Of course, I still think that they are not yet strong enough to go against Ethereum but the future is a different story, hopefully.  For now, Ethereum still has the upper hand over Defi because it has been at the forefront of this, but if the Defi era continues to explode, ADA, Sol, BNB could completely pose a challenge new consciousness.

[darahjuang]

The Binance Smart Contract (BSC) is currently one of the lowest-cost gas-related ones that I know of. Many use Binance Smart Chain smart contracts for this reason. In my opinion, Ethereum gas costs will decrease when ETH 2.0 is launched

ETH 2.0 has been launched through the London Hard Fork within this year and I think the cost issue is no longer a problem even though it is not as cheap as Binance Smart Contract (BSC), because the cheapest transaction fees now are not on Binance Smart Contract (BSC), but on Matic with Polygon network and one more thing, try to calculate the amount of fees on the Binance Smart Contract (BSC) if the BNB price is the same as the current ETH price, is it cheap or expensive.

Okay, if that is so. But we have to admit that the issue of Ethereum's high gas costs has always been a complaint of many people nowadays. I myself don't blame the high cost of Ethereum gas that people complain about, because for me good stuff is expensive.

[nemey]

In my opinion, ETH's toughest rival is Binance Smart Chain (BSC) because it is a hard fork of the Go Ethereum (Geth) protocol and thus has many similarities to the Ethereum blockchain. However, the BSC developers have made significant changes in several key areas. The biggest change is the BSC consensus mechanism, which allows for cheaper and faster transactions.

[The Ghoul]

I think now BNB, MATIC, SOL and other public chain projects are competing with eth.

But beyond the competitive relationship, I think dot is the biggest enemy of eth. dot may transfer eth's assets to other chains to share the advantages of eth

[suryogandul]

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?

the shortage of ETH is a matter of cost. but keep in mind the cost of ETH according to the price of ETH because if the price of ETH decreases the cost of ETH also decreases. but don't worry there are many one chain network which have low cost and it's popular that is BSC.

[cabron]

Disregarding the price of BNB and ETH, its BNB is the closest so far that is almost like ETH with so many projects on it. Polygon could be the next because tokens could also be bridge to this platform. But one project that also has a bigger development is ADA which is also a smartcontract platform that is the 3rd highest market cap. I think the projects on ADA are also about to burst to compete all with their Plutus dApp Store for its ecosystem.

[herizal85]

As time goes on and crypto advances I think there will be a blockchain that will compete with ethereum. And my prediction is that the cost of eth gas will decrease when ETH 2.0 is published so this will be an interesting moment for all of us

[masterrex]

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?

There's are a lot of Blockchains that were created to compete with Ethereum in the field of smart contract services, and they are already performing now in the shade of the Ethereum gas fee issues they became popular due to many users that are temporarily leaving Ethereum because of the gas fee problem. And the truth is many micro users like me are affected by today's expensive transaction fees in Ethereum Network and it is unsustainable for long-term use.     

[Princejebs]

There are too many such blockchains at the moment and all these blockchains are trying to pull funds into their blockchain. There are popular opinions that many of these blockchains will not be needed when Ethereum is ETH 2.0. I think that one should definitely not forget about this opinion.

May be the sidechain project will have nothing to offer as soon as eth2.0 kick off but who knows if Ethereum will carry them along.
The layer one projects will remain solid irrespective of what eth2.0 brings because there are some aspects of sharding that other layer 1 projects are still competing with each other. By the way, there should be competition between this project so that we can have option to choose from any of them.

[cafee_orange]

For now what really looks and continues to compete with ethereum is Binance!!.
because ethereum continues to be developed by its developers so ethereum is not easily rivaled by any blockchain including BNB or Binance.

[Mkmanik]

Personally, I don't believe any blockchain can able to bet Etehreum easily. Now most people facing a problem with the Ethereum smart contracts that are high fees. So why are people trying to use BSC or Polygon network? Both are doing good, and both have huge community support. The fees are very low and most of the people using those. But still, people like to use Ethereum smart contracts to create a new coin. Because it's most popular safe and secure.

Also, Ethereum is a supercomputer. Most of the big project is created by using Ethreum smart contracts. When the fess will be low, People again show their interest in this project that I believe. With the demand for Ethereum, The price also raising now. So investors also have an eye on this coin for the long time investment that makes this project is very unique.

[arifteguhr]

For now what really looks and continues to compete with ethereum is Binance!!.
because ethereum continues to be developed by its developers so ethereum is not easily rivaled by any blockchain including BNB or Binance.

Then if Binance is difficult to compete with, why do you say in the first sentence that Binance can really compete with Ethereum? I'm even surprised to understand what you're saying because in general Binance has not been able to surpass Ethereum at this point.

[so98nn]

Why do we need more chaos if we can’t handle the current one. 
The betterment is the key for success of anything. In this case we need the betterment of ETH chain and success will follow in terms of its fees, gas required to make the transaction. Since ETH 2.0 is on the way let’s brace ourselves for the goodness of faster transactions. Not sure how much advanced they have made it but I suppose it’s subjective and can only be known after testing it.

[BobK71]

If we talk about several chains now, then first of all I have to talk about BSC platform, then there is Polygon or Salona. They are currently very much active.  In my opinion, the polygon network can compete with Ethereum.

[Mkmanik]

If we talk about several chains now, then first of all I have to talk about BSC platform, then there is Polygon or Salona. They are currently very much active.  In my opinion, the polygon network can compete with Ethereum.

I have used BSC and polygon platforms, Both of them are very fast and the transaction fees are also very low. Not yet tried the Solana platform but I heard about this project. Most people talking that it can bet Etehreum! However, Now people only comparing various projects with Etehreum because of the high transaction fees. If it gets solved, I strongly believe there will be no competitor of Etehreum smart contracts. Eth 2.0 is on the way, Hope soon we will get a solution to high transaction fees. I believe there is no competitor in Ethereum. But I have to say, Polygon and BSC networks are also very good and safe to use.

[Pithaxz]

Solana AVAX ,SOL, MATIC, FTM, 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

[Tipstar]

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?

There are plenty but Ethereum still holds a spot in peoples mind. One of the reason why Ethereum is still strong is due to its decentralized nature. It's arguably the most decentralized coin among the utility options. And thought the network itself is nearly unusable, other projects that layer over the Ethereum blockchain are actually making it still popular and there are use cases that do involve the real Ethereum chain. BSC and Polygon has came up as the most prominent ones.

[Nasuhalugu]

Binance Smart Contracts (BSC). Currently BSC is included in the low cost if the obstacles that occur in Ethereum are expensive fees and make you uncomfortable. Actually the high transaction fees on Ethereum are already a lot of complaints and everyone is aware of that. So, don't waste your mind, just try using BSC or you can also try Solana network.

[cryptobrzy]

Ethereum gas prices has been really tough on everyone but since Binance smart chain, polygon and other smart chain network and most exchange accepts bridging between multiple network chains which is good for everyone..
Lets just all hope the new and better upgrades comes to ethereum