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Author Topic: Why are applications created on Etherium and not on other convenient blockchains  (Read 164 times)
chakhigh
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January 10, 2022, 12:41:21 PM
 #21

Many apps choose Ethereum despite its high transaction fees. Honestly, it makes no sense to me.

I see better potential in using Avax, BNB, and Tron blockchains for their cheap fees and faster transactions.

We live in a fast-paced tech era with the orientation given to more efficient blockchain solutions.

New startups will exploit the power of these priceless and robust blockchain networks. I see tremendous opportunities in the TRC20 network, with the launch of new Defi projects like the upcoming Ferox, the recent Apenft project, and more to come.

Unless the Eth team upgrades its network, more projects will abandon it.

JeffBrad12
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January 11, 2022, 03:48:12 AM
 #22

The developers have so many considerations. They build their application in ethereum didn't mean they can't make it to support L2 for ethereum. A platform can be used to support multiple networks at once. It doesn't mean once you are building your platform in ethereum doesn't mean you will always be dealing with ethereum and the developers can add the bridging feature to its dapps to interact with second layer solutions like bsc chain or polygon network. I think that you didn't understand it correctly. You must try to see some platforms in ethereum blockchain that exist now and these platforms let you connect into another blockchain like BSC and Polygon which have cheap fees compared with ethereum.
Dapps can also be connected to the ethereum and near protocol at the same time. How do you know if near has high security? have you done a test for that?

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January 11, 2022, 04:36:19 AM
 #23

Possibly you mean dapp. Im not sure if you did your homework perfectly cause there are many projects running aside from ethereum itself. Almost all new projects pouring into market are using different L1 solution such as avalanche, matic, solana, bnb, fantom, near protocol, and luna. All those projects have their own ecosystem and running perfectly. Eth still the big guy, but sooner or later people will also enter on those to create their proejct instead. Fees are growing on eth and some can't accept this parameter hence using other alternatives.

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