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Author Topic: Who is Ethereum's biggest competitor?  (Read 9297 times)

Offline Ember madison

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Re: Who is Ethereum's biggest competitor?
« Reply #90 on: March 31, 2024, 01:02:23 PM »
Ethereum's biggest competitor s include binance smart chain (BSC) , Solana, polkadot and cardano.

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Re: Who is Ethereum's biggest competitor?
« Reply #90 on: March 31, 2024, 01:02:23 PM »

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Re: Who is Ethereum's biggest competitor?
« Reply #91 on: April 03, 2024, 04:29:46 PM »
Many  dominants block chains  now,  aiming and promise to replace    Ethereum but until now Ethereum still  remain. dominate the market,  the biggest competitors are polkadots,Avlanche,Algorand,solana, they are all lower gas fees to their transition than Ethereum but they are all dreaming Ethereum continue to improve there platform no one can overcome
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Re: Who is Ethereum's biggest competitor?
« Reply #92 on: April 04, 2024, 06:53:46 AM »
Many  dominants block chains  now,  aiming and promise to replace    Ethereum but until now Ethereum still  remain. dominate the market,  the biggest competitors are polkadots,Avlanche,Algorand,solana, they are all lower gas fees to their transition than Ethereum but they are all dreaming Ethereum continue to improve there platform no one can overcome
I think this is just a matter of time because so far Ethereum still has problems that have not yet been fixed, so there is the possibility of new projects such as Binance Smart Chain, and Solana which will replace the Ethereum network. Ethereum must immediately fix the problems it is experiencing to continue to have the largest volume for altcoins.

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Re: Who is Ethereum's biggest competitor?
« Reply #93 on: April 04, 2024, 10:07:16 AM »
As we noticed Ethereum the gas payment are in high above other coins, so it's clear all coins low gas payment is competitors like polkadots, avalanche, Algorand,cardano ang solana.competitors have faster transaction speed and lower gas payment but besides this things Ethereum  continue to soared high struggled.the competitors promise they will replace Ethereum but Ethereum remain strong crypto in market today.i don't believe Ethereum will die,but you can see Ethereum has significant lead over the competitors.
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Re: Who is Ethereum's biggest competitor?
« Reply #94 on: April 04, 2024, 04:36:02 PM »
As we noticed Ethereum the gas payment are in high above other coins, so it's clear all coins low gas payment is competitors like polkadots, avalanche, Algorand,cardano ang solana.competitors have faster transaction speed and lower gas payment but besides this things Ethereum  continue to soared high struggled.the competitors promise they will replace Ethereum but Ethereum remain strong crypto in market today.i don't believe Ethereum will die,but you can see Ethereum has significant lead over the competitors.
It is difficult for ethereum to die because it has a large community as the number 2 coin after bitcoin even though there are many competitors such as those you mentioned polkadot, avalanche, Algorand, Cardano, and Solana. but you forgot to mention that BNB or Binance smart chain is also the closest competitor to ethereum

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Re: Who is Ethereum's biggest competitor?
« Reply #95 on: April 04, 2024, 05:08:10 PM »
It is difficult for ethereum to die because it has a large community as the number 2 coin after bitcoin even though there are many competitors such as those you mentioned polkadot, avalanche, Algorand, Cardano, and Solana. but you forgot to mention that BNB or Binance smart chain is also the closest competitor to ethereum

To be honest, I think the bnb chain will never be the closest competitor to Ethereum. At least because the bnb chain is more centralized, which means it is less secure. For comparison, the bnb chain has 55 validators, and only 40 of them are active, while Ethereum has already more than 1 million active validators.
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Re: Who is Ethereum's biggest competitor?
« Reply #96 on: April 05, 2024, 05:04:09 AM »
It is difficult for ethereum to die because it has a large community as the number 2 coin after bitcoin even though there are many competitors such as those you mentioned polkadot, avalanche, Algorand, Cardano, and Solana. but you forgot to mention that BNB or Binance smart chain is also the closest competitor to ethereum

To be honest, I think the bnb chain will never be the closest competitor to Ethereum. At least because the bnb chain is more centralized, which means it is less secure. For comparison, the bnb chain has 55 validators, and only 40 of them are active, while Ethereum has already more than 1 million active validators.
Becoming a Validator is not easy because it requires a computer with very large specifications. Meanwhile, the prizes you get are not that much. Meanwhile, Ethereum may have many Validators because it is very profitable. When you become a validator for Ethereum, you may be able to get more results from Ethereum.

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Re: Who is Ethereum's biggest competitor?
« Reply #96 on: April 05, 2024, 05:04:09 AM »


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Re: Who is Ethereum's biggest competitor?
« Reply #97 on: April 06, 2024, 05:54:32 AM »
It is difficult for ethereum to die because it has a large community as the number 2 coin after bitcoin even though there are many competitors such as those you mentioned polkadot, avalanche, Algorand, Cardano, and Solana. but you forgot to mention that BNB or Binance smart chain is also the closest competitor to ethereum

To be honest, I think the bnb chain will never be the closest competitor to Ethereum. At least because the bnb chain is more centralized, which means it is less secure. For comparison, the bnb chain has 55 validators, and only 40 of them are active, while Ethereum has already more than 1 million active validators.
In order to be the closest competitor to Ethereum, other coins must be close to Ethereum in popularity, while others must be worth the same amount as Ethereum. Among all the altcoins currently in the market, I don't see any coin that has the same popularity as Ethereum and that has a coin price close to the value of Ethereum. If the difference in popularity and price is not close then we can never call them worthy competitors of each other. However, there are some coins in the market that are quite promising and popular enough, even if they are not worthy competitors. While BNB may not come close to Ethereum, it goes without saying that its popularity will definitely rank third.

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Re: Who is Ethereum's biggest competitor?
« Reply #98 on: April 06, 2024, 07:11:35 AM »

In order to be the closest competitor to Ethereum, other coins must be close to Ethereum in popularity, while others must be worth the same amount as Ethereum. Among all the altcoins currently in the market, I don't see any coin that has the same popularity as Ethereum and that has a coin price close to the value of Ethereum. If the difference in popularity and price is not close then we can never call them worthy competitors of each other. However, there are some coins in the market that are quite promising and popular enough, even if they are not worthy competitors. While BNB may not come close to Ethereum, it goes without saying that its popularity will definitely rank third.
It will take time for other coins to have as much popularity as ethereum, because we look at BNB, Solana is still far from popular compared to ethereum. But as time goes by I am sure BNB and Solana will get closer to ethereum's position, and we will see exciting competition

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Re: Who is Ethereum's biggest competitor?
« Reply #99 on: April 11, 2024, 11:53:33 AM »
It will take time for other coins to have as much popularity as ethereum, because we look at BNB, Solana is still far from popular compared to ethereum. But as time goes by I am sure BNB and Solana will get closer to ethereum's position, and we will see exciting competition
This popularity can be achieved when BNB and Solana have projects that are very useful for society, so I suggest that these two projects remain focused on providing the best in terms of security, transaction costs and transaction speed which must be paid attention to so that more and more people use BNB and Solana in the future.

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Re: Who is Ethereum's biggest competitor?
« Reply #100 on: April 11, 2024, 06:48:21 PM »
It will take time for other coins to have as much popularity as ethereum, because we look at BNB, Solana is still far from popular compared to ethereum. But as time goes by I am sure BNB and Solana will get closer to ethereum's position, and we will see exciting competition
This popularity can be achieved when BNB and Solana have projects that are very useful for society, so I suggest that these two projects remain focused on providing the best in terms of security, transaction costs and transaction speed which must be paid attention to so that more and more people use BNB and Solana in the future.
BNB and Solana have shown good performance and the project really helps us in transactions because of lower gas fees and faster transactions compared to ethereum. It looks like the two will compete fiercely in the future and perhaps one of them will become a replacement for ethereum

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Re: Who is Ethereum's biggest competitor?
« Reply #101 on: April 12, 2024, 03:24:30 PM »
BNB and Solana have shown good performance and the project really helps us in transactions because of lower gas fees and faster transactions compared to ethereum. It looks like the two will compete fiercely in the future and perhaps one of them will become a replacement for ethereum
Currently, BNB and Solana are the best choices for making transactions because they have cheaper transaction fees than Ethereum. However, I have seen several cases where Solana has increased transaction fees in the recent past. I don't understand why this could happen. Hopefully Solana is aware of this activity and fixes it soon so that Solana will continue to provide lower fees than the BSC network.

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Re: Who is Ethereum's biggest competitor?
« Reply #102 on: April 12, 2024, 06:13:30 PM »
BNB and Solana have shown good performance and the project really helps us in transactions because of lower gas fees and faster transactions compared to ethereum. It looks like the two will compete fiercely in the future and perhaps one of them will become a replacement for ethereum
Currently, BNB and Solana are the best choices for making transactions because they have cheaper transaction fees than Ethereum. However, I have seen several cases where Solana has increased transaction fees in the recent past. I don't understand why this could happen. Hopefully Solana is aware of this activity and fixes it soon so that Solana will continue to provide lower fees than the BSC network.
Due to the density of transactions on Solana, it creates problems on the network, so that several days we see the Solana network going down. The gas fee increase may be a strategy from the dev team. but for me Solana and BNB are still cheaper than ethereum

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Re: Who is Ethereum's biggest competitor?
« Reply #103 on: April 12, 2024, 09:46:21 PM »
There are quite a lot of good coins that can be competitors for Ethereum, but in my opinion BNB is the biggest competitor for Ethereum. Solana is good, but Solana often experiences errors so I am not optimistic that this coin will be able to compete with Ethereum.

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Re: Who is Ethereum's biggest competitor?
« Reply #104 on: April 13, 2024, 07:06:51 AM »
There are quite a lot of good coins that can be competitors for Ethereum, but in my opinion BNB is the biggest competitor for Ethereum. Solana is good, but Solana often experiences errors so I am not optimistic that this coin will be able to compete with Ethereum.
For now, it seems like BNB is indeed the biggest competitor for Ethereum. However, you should be able to see that currently there are several technologies that are also developing and have the opportunity to beat the Ethereum and BNB networks. There is the Solana Network which is currently being well developed and is already in the top five of coinmarketcap.

 

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