Is there a new blockchain that will compete with Ethereum?

[Cornia]

Binance Smart Chain and Polygon are two new blockchain which can compete with Ethereum network.  Both addresses are a copy from Ethereum address. But the transaction fee is very low in both networks. As a result, these are becoming very popular very quickly.  Most of the projects are now being launched on these networks instead of Ethereum.

[Abiky]

Binance Smart Chain and Polygon are two new blockchain which can compete with Ethereum network.  Both addresses are a copy from Ethereum address. But the transaction fee is very low in both networks. As a result, these are becoming very popular very quickly.  Most of the projects are now being launched on these networks instead of Ethereum.

Both projects (BSC and Polygon) rely on Ethereum's EVM, so they're basically the same as Ethereum. The only difference is scalability. You'd get cheaper fees and faster confirmation times on either BSC or Polygon simply because they have greater transaction capacity than Ethereum. Scalability is prioritized in order to achieve widespread adoption in the mainstream world.

I seriously doubt the aforementioned blockchain networks will be able to compete with Ethereum, especially when they use the same virtual machine (EVM) for smart contracts. They're like an improved version of Ethereum with reduced decentralization. Even projects with their own framework for smart contracts (like Cardano and EOS) have been unable to compete with Ethereum up to this point. You simply can't beat the original project no matter how hard you try. Instead of focusing on taking down Ethereum, projects should focus on working together to make crypto land a better place. It's not about Ethereum, Binance Smart Chain or any of its variants. It's about how Blockchain can make our lives better by decentralizing everything. As long crypto/Blockchain tech is useful, nothing else matters. Just my opinion

[kensaii]

Binance Smart Chain and Polygon are two new blockchain which can compete with Ethereum network.  Both addresses are a copy from Ethereum address. But the transaction fee is very low in both networks. As a result, these are becoming very popular very quickly.  Most of the projects are now being launched on these networks instead of Ethereum.

You're missing the newcomer, Sol. They're quite good I must say, even better than Poly and BSC in my opinion. If I've to place my my bet on which one of smart contract coin come close to ETH then I would say Sol right now.

[Bonenx14]

You're missing the newcomer, Sol. They're quite good I must say, even better than Poly and BSC in my opinion. If I've to place my my bet on which one of smart contract coin come close to ETH then I would say Sol right now.

In what ways can Sol be so good from Poly and BSC ? because in terms of transaction fees and transaction speed, Polygon is still very superior with super cheap fees and super fast transactions, so I just want to know now for Solana, what things can make it better than the others ?

[budi12]

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?

As an alternative BSC has given you the option to switch and it turns out that not only BSC, Polygon, Solana also offers the same thing. We just need to choose in which direction the transaction is used. They have made cross-delivery, so it is very good in the future to be able to connect with each other even though they are on different networks.

[Kena Banned]

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?

As an alternative BSC has given you the option to switch and it turns out that not only BSC, Polygon, Solana also offers the same thing. We just need to choose in which direction the transaction is used. They have made cross-delivery, so it is very good in the future to be able to connect with each other even though they are on different networks.

I would advise ICX too, its on the progress to deployed its BTP (Blockchain Transfer Protocol) its would also enable interaction across Blockchain, like HTTP which enable us to interact across internet. Sounds really interesting for me.

[aprilnot]

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, solana, Polkadot, Tron, and Polygon are blockchains that can compete with ethereum. currently ethereum is not a superior platform that is difficult to beat. they are still having problems with scaling and fees that never end. and of the many ethereum competitors, the most similar is Bsc. looks the same overall. developers can easily implement their ideas on that platform.

[Kena Banned]

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 ethereum is not a superior platform that is difficult to beat. they are still having problems with scaling and fees that never end. and of the many ethereum competitors, the most similar is Bsc. looks the same overall. developers can easily implement their ideas on that platform.

Agreed, Developers who want to deploy its project is better to use another platform that have friendly tx fee, so the platform can used widely not only the rich people who able to pay huge fee.

[haenko]

Personally, I think NEAR Protocol can compete with Ethereum, this is the L1 blockchain made by the guys who worked at Google and Facebook, as well as the winners of the world programming olympiads. NEAR has a transaction speed of up to 2 seconds and a gas price of <$ 0.01, and it is also environmentally friendly.  But the most important thing is that NEAR launched sharding, and the number of shards will increase every year, which means that NEAR Protocol will be able to withstand any load on its network, and the speed of transactions and the price of gas will always remain the same fast and cheap.  Sharding is really important, look what happened to Ethereum and Avalanch when they gained popularity and got a big load on their network, how much price of gas grew in their network, it should not be so.  I think NEAR can easily compete not only with Ethereum but also with other cool L1 blockchains.

[MFahad]

The eth blockchain having a huge amount of fee,  where binance smart chain have low fee. So many other blockchain also can beat eth because of fee.
In the recent day i heard about the qureshi blockchain . i think it will beat all the blockchains.

[Bollexz1]

We've all seen the BSC and polygon network copying and competing with Ethereum network for quite a long time now. Apart from gas fee, I don't think there's any other features that best beat the Ethereum network in operation. Moreover, Binance network are now experiencing congestion. So I think for them to scale it right, that's where gas price hike comes in

[armanhusni]

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?

Here's what you call the new platform: Binance Smart Chain (BSC)You may be talking about the platform.Currently, the platform that is going to be very popular after the Ethereum platform is the Binance Smart Chain platform. Due to the fact that the transaction fee of this Binance Smart Chain platform is less than that of Etherium platform, people are now moving to Binance Smart Chain platform.