Which alternative smart contract platform is best?

[Abiky]

Ever since Ethereum launched back in 2015, a plethora of smart contract platforms have taken the world by storm. The first-ever alternative smart contract platform was Expanse, followed by Ethereum Classic after the controversial "The DAO" hard fork. The vast majority of alternative smart contract platforms have been created with the aim of "defeating" Ethereum with their unmatched performance and cost-efficiency. There are many popular smart contract platforms on the market. But only one may prove to be the best among them all.

Which alternative smart contract platform do you think is the best? Is it Polygon, BNB, Cardano, or Solana? Do you think the market is saturated with too many smart contract platforms? Or is there still room for growth? Will Ethereum remain as the "King of "De-Fi"" for long? Your input will greatly appreciated. Thank you very much.

[ItsNotSean]

You need to qualify what "best" would mean.

Decentralization, stability, transparency, governance, investor vs. whale vs retail ownership, speed, technical, open source, etc., are just some of the factors you would have to weigh to determine what the "best" alternative to Ethereum would be.

Tell us where you think Ethereum was lacking, and which factors are most impoertant

[JeffBrad12]

Ethereum was not the king ot defi again. I have heard that if there was another blockchain that has more TVL compared with ethereum. In my opinion if the room for the new blockchain will always there. It doesn't matter how many blockchain that exist in the market and i think that solana and binance chains are the best blockchains for now.
Let's say that if Binance chain act as second layer blockchain and solana as first layer blockchain and both are having solid community.

[Abiky]

You need to qualify what "best" would mean.

Decentralization, stability, transparency, governance, investor vs. whale vs retail ownership, speed, technical, open source, etc., are just some of the factors you would have to weigh to determine what the "best" alternative to Ethereum would be.

Tell us where you think Ethereum was lacking, and which factors are most impoertant

I'm referring to which platform is "best" when it comes to handling high-performance transactions at a fraction of the cost. Without a doubt, Ethereum is the best platform in terms of decentralization/security/reliability. But it fails miserably when it comes to handling massive transactions per second. There are many alternatives on the market aiming to be the best platform for "De-Fi". Ultimately, there can only be one winner.

As much as I like the diversity of smart contract platforms in crypto/Blockchain/land, I'd say the market is oversaturated. So many cryptocurrencies with smart contract features would be too much for the industry. That's the downside of everything being open sourced and decentralized. Maybe fierce regulations will slow down the presence of new smart contract platforms on the market? At least, everything is working as it should. Who knows what the future holds for "De-Fi"? Just my thoughts

[Jackl87]

Ever since Ethereum launched back in 2015, a plethora of smart contract platforms have taken the world by storm.
Which alternative smart contract platform do you think is the best? Is it Polygon, BNB, Cardano, or Solana? Do you think the market is saturated with too many smart contract platforms? Or is there still room for growth? Will Ethereum remain as the "King of "De-Fi"" for long? Your input will greatly appreciated. Thank you very much.

So far i have only used Ethereum, Polygon and BSC myself so i can only talk about them regarding usability and my personal experiences with them. I have to say that in the last few months i am barely using the Ethereum network anymore. The reason for that is pretty obvious, the horrendously high transaction fees on the Ethereum Network that we have to pay for many months now. It is just not feasible for a normal or a small trader that you have to pay 20$ of transaction fee if you wanna trade tokens that are worth 50$ or so.
At the moment i am mostly using the BSC because there the fees are still ok. That being said i am not a big fan of the BSC because it is a pretty blatant copy of the Eth chain. For me Ethereum will always be the king, but of course they need to get their fee issue fixed.

[alexeyneu]

avalanche is pretty fast thats what can i say. 3x faster than eth on ops like contract deployment and stuff like this. it's not about confirmations

[Flexystar]

Which alternative smart contract platform do you think is the best? Is it Polygon, BNB, Cardano, or Solana? Do you think the market is saturated with too many smart contract platforms? Or is there still room for growth? Will Ethereum remain as the "King of "De-Fi"" for long? Your input will greatly appreciated. Thank you very much.

Thats the point, market is saturated a lot with so many smart contracts and its getting harder day by day to choose the ideal one. However, one can always have filtering process in such situation. This is really needed these days because crypto space is changing, upgrading and as we getting more knowledge about it people are developing whole new dimensions into it. So that particular filter has to be there. For example, if it is choosing a coin then choose the valuable, long lasting, good backing of project etc. If it is contract then choose the viable option based on the wallets, sending and receiving capabilities, availability of the buyer and seller on those particular contracts. This way many option can be ruled out. There is gas fee, speed of transaction and many other factors to choose from. In my opinion this has to be personal experience then only we could get right choice.

[Erdogan]

Ever since Ethereum launched back in 2015, a plethora of smart contract platforms have taken the world by storm. The first-ever alternative smart contract platform was Expanse, followed by Ethereum Classic after the controversial "The DAO" hard fork. The vast majority of alternative smart contract platforms have been created with the aim of "defeating" Ethereum with their unmatched performance and cost-efficiency. There are many popular smart contract platforms on the market. But only one may prove to be the best among them all.

Which alternative smart contract platform do you think is the best? Is it Polygon, BNB, Cardano, or Solana? Do you think the market is saturated with too many smart contract platforms? Or is there still room for growth? Will Ethereum remain as the "King of "De-Fi"" for long? Your input will greatly appreciated. Thank you very much.

In my opinion, it is very good that we have a choice. I'm not saying that we need hundreds of different blockchains, but a few more will definitely be useful. Competition is always healthy for the market.
There is no doubt that at the moment the most practical (cheap and fast) network is BSC. Other blockchains are not bad either, but BSC is definitely growing the fastest.

[ryzaadit]

Polygon & BNB still favorite.

The rest like "Solana" still lack of adoption from other project, they're move prefer using both of 2 chain. Example for DeFi, they are more prefer using Polygon rather than BSC and to support other network.

Most of them is multi-chain project.

[Xal0lex]

Ethereum killers were, are and will be. But so far no one has managed to do it. But at the same time I am not trying to choose the best platform for smart contracts. All of the competitors you listed are good, each has its own advantages and disadvantages. To interact with the crypto industry, you can use all of this list, for each of them has its own good projects, and cross-chain bridges allow to conveniently interact with these platforms.

As for Ethereum itself, I think it will remain the #1 platform for a very long time. It's like bitcoin, only among altcoins.

[RussianEnglishTranslation]

Ever since Ethereum launched back in 2015, a plethora of smart contract platforms have taken the world by storm. The first-ever alternative smart contract platform was Expanse, followed by Ethereum Classic after the controversial "The DAO" hard fork. The vast majority of alternative smart contract platforms have been created with the aim of "defeating" Ethereum with their unmatched performance and cost-efficiency. There are many popular smart contract platforms on the market. But only one may prove to be the best among them all.

Which alternative smart contract platform do you think is the best? Is it Polygon, BNB, Cardano, or Solana? Do you think the market is saturated with too many smart contract platforms? Or is there still room for growth? Will Ethereum remain as the "King of "De-Fi"" for long? Your input will greatly appreciated. Thank you very much.

The most promising L1 blockchains are $ICP, $HBAR and $NEAR. These chains are infinitely scalable, which is required for use on a global scale.

[kidbounty]

Which alternative smart contract platform do you think is the best? Is it Polygon, BNB, Cardano, or Solana?

the best alternative platform for me is Polkadot, but the Binance smartchain can also be considered because of its popularity.

Do you think the market is saturated with too many smart contract platforms? Or is there still room for growth? Will Ethereum remain as the "King of "De-Fi"" for long? Your input will greatly appreciated. Thank you very much.

can be said to be saturated. Moreover, the smart contracts released on average only imitate ethereum. only a small number of them bring new innovations at this time, and even then they still have problems such as solana experiencing network outages.

so in the end ethereum will remain in its position as king for altcoins. become the platform of choice, even though ethereum will later adopt POS.

[crwth]

I think Solana has been making rounds for a while, knowing that it can be one of the coins that could overtake Ethereum, but I think it wouldn't happen as much because there are also improvements in the ETH network. It does seem too saturated, but I think there could still be a chance to grow with any other coin because you can never expect less with innovations being created every day.

Giving people the best way to earn could be vital to having the best innovative contract platform. That could benefit everyone or something like that.

[YellowSwap]

I don't have a best but I do have those that I like more than Ethereum, like Polkadot, HBAR, Hydra, and Solana, I also like Saito which I intend to invest a good amount of money on and hold for a very long time, smart contract projects are like gold.

[WalkerIVIV]

avalanche is pretty fast thats what can i say. 3x faster than eth on ops like contract deployment and stuff like this. it's not about confirmations

Agreed, AVAX was the best one for sure to be an alternative smartcontract platforms unlike solana which god shutdown several times and this is never happening with avalanche. AVAX is only loosing the hype with solana but it doesn't mean if this technically lose to the solana. AVAX has done its job better rather than solana.
TVL already surpassed ethereum and this is a good alternative smartcontract platforms for sure.

[Bitstar_coin]

I'm referring to which platform is "best" when it comes to handling high-performance transactions at a fraction of the cost. Without a doubt, Ethereum is the best platform in terms of decentralization/security/reliability. But it fails miserably when it comes to handling massive transactions per second. There are many alternatives on the market aiming to be the best platform for "De-Fi". Ultimately, there can only be one winner.

As much as I like the diversity of smart contract platforms in crypto/Blockchain/land, I'd say the market is oversaturated. So many cryptocurrencies with smart contract features would be too much for the industry. That's the downside of everything being open sourced and decentralized. Maybe fierce regulations will slow down the presence of new smart contract platforms on the market? At least, everything is working as it should. Who knows what the future holds for "De-Fi"? Just my thoughts

I can agree with you on the part the crypto market is over saturated with different smart contract projects but it is equally good to have several in other to be able to have options when one or two are not performing up to expectations. Take eth situation as a good example, eth is unable to handle massive transaction and also have a high gas fees which makes bnb, sol, matic a good alternatives.
There is a possibility that these 3 mentioned are not the best among them, may be there are others who are yet to be known, it is good the market is open source and not tied to a particular few where there will be no alternatives. 

[cryptoperkele]

(cut)
Which alternative smart contract platform do you think is the best? Is it Polygon, BNB, Cardano, or Solana? Do you think the market is saturated with too many smart contract platforms? Or is there still room for growth? Will Ethereum remain as the "King of "De-Fi"" for long? Your input will greatly appreciated. Thank you very much.

Dusk Network. Think of it like zero knowledge proof based ethereum. I admit that it's yet in testnet but already is making splashes with their cutting edge tech and top notch team. But i guess it's more what you need. Most likely most blockchains need to adjust for new FATF regulations anyway. And most of them needs to be build from the scratch. Dusk on the other hand is ready for regulated space.

[MidNite36]

Ethereum still remains the best, the reason why everyone wants something better than Ethereum was because of the high gas fee but mind you PoS merge is coming this June so there won't be a needs to abandon ETH for another smart contract crypto project.

[Farma]

It is very natural that so many smart contracts are being developed today. they took advantage of the moment to beat ethereum although so far no one has been able to beat it.
however, personally, I use BSC as an alternative to ethereum. I think BSC dominates over other smart contract alternatives. it can be proven that many old projects are migrating using BSC, and many new projects are prioritizing the use of BSC over other smart contract alternatives.

[JayTrain]

it seems to me that today there are a lot of blockchains that have long surpassed ETH in bandwidth, and this race for primacy is still going on, I like the binance chain, Polygon, Luna networks, which have long wanted to take the place of ETH, and they succeed.