Altcoins Talks - Cryptocurrency Forum

Earning => Awards, Contests & Voting => Voting => Topic started by: dragononcrypto on December 03, 2020, 05:06:20 PM

Title: Chainlink or Polkadot?
Post by: dragononcrypto on December 03, 2020, 05:06:20 PM
Topic inspired by: LINK or ADA (https://www.altcoinstalks.com/index.php?topic=181368.0), credit to Master107.

Both LINK and DOT are both the newcomers to the Top 10 cryptocurrencies by market cap this year, but which will do better?

Do you think these coins will stay in the Top 10, or like dozens of other altcoins end up being overtaken by others?

Quote from: CMC (https://coinmarketcap.com/currencies/chainlink/)
Chainlink (LINK) is a decentralized oracle network which aims to connect smart contracts with data from the real world. [...] Chainlink is a platform that aims to bridge the gap between blockchain technology-based smart contracts (made widespread by Ethereum), and real world applications. [...] It held an ICO in September 2017, raising $32 million, with a total supply of 1 billion LINK tokens.

Read more: https://coinmarketcap.com/currencies/chainlink/

Quote from: CMC (https://coinmarketcap.com/currencies/polkadot-new/)
Polkadot is an open-source sharding multichain protocol that facilitates the cross-chain transfer of any data or asset types, not just tokens, thereby making a wide range of blockchains interoperable with each other. This interoperability seeks to establish a fully decentralized and private web, controlled by its users, and simplify the creation of new applications, institutions and services.

Read more: https://coinmarketcap.com/currencies/polkadot-new/

Which project will be more useful in the long-term?
Title: Re: LINK or DOT?
Post by: Churphans on December 03, 2020, 05:09:08 PM
Chainlink is a popular defi project and polkadot also another popular DeFI project. I support chainlink and polkadot (DOT) . I already invested chainlink and polkadot both platforms.
Title: Re: LINK or DOT?
Post by: Dociko on December 03, 2020, 05:14:13 PM
polkadot and chainlink are much more popular in the market. Today polkadot decoded live. I participated. But the discussion is long. Still running. So I couldn’t stay there for so long. Today I learned something new about polkadot. There will be more improvements in the future.
Title: Re: Chainlink or Polkadot?
Post by: I-Bit on December 03, 2020, 11:08:48 PM
Both are actually coins that I have right now. Link is likely the king of Defi project. But DOT also has a great chance to be a big platform like Ethereum. It offers a very interesting para chain, platform, and also system. however, this is about the choice, isn't it? I will probably consider Link, but I also will not leave DOT
Title: Re: Chainlink or Polkadot?
Post by: Master107 on December 04, 2020, 04:46:18 AM
Thank you :D

Both are useful and performing really impressive that overthrown some old coins. Because of this I have difficulty to vote

LINK
Quote
Chainlink is a platform that aims to bridge the gap between blockchain technology-based smart contracts (made widespread by Ethereum), and real world applications

DOT
Quote
Polkadot is an open-source sharding multichain protocol that facilitates the cross-chain transfer of any data or asset types, not just tokens, thereby making a wide range of blockchains interoperable with each other.

Anyway,
LINK and DOT supply and price:

LINK
Supply: 394.51 M
Price: $13.72

DOT
Supply: 884.13 M
Price: $5.31

With respect to price, LINK could increase further than DOT.
With respect to usability both are useful.
I like both. Nevertheless, voted LINK.
Title: Re: Chainlink or Polkadot?
Post by: TomPluz on December 04, 2020, 06:55:06 AM


Right now, I am banking more with the PolkaDOT team all because I just recently bought some tokens for it and of course I am trying my best to help spread its good news to as many people as possible who I hope will also be taking DOT into their list of holdings. I am seeing a good future of this platform, and I am really hoping this can soon rival other top DeFi platforms. I have not yet looked at Chainlink though I understand that can be a good option too.
Title: Re: Chainlink or Polkadot?
Post by: Quantum X on December 04, 2020, 03:32:16 PM
Since it is a poll I give my vote to chainlink while I'm not leaving polkadot. Knowing both are potential are reasonable enough to consider them as a top among the list.
Title: Re: Chainlink or Polkadot?
Post by: zulfi125 on December 04, 2020, 04:21:16 PM
I think Polkadot will be better than Chainlink, and Polkadot will be a big competitor of Etherium Blockchain, so I suggest if anyone wants to invest in both altcoin, then should be investing 50%:50%. Polkadot has more potential in the future.
Title: Re: Chainlink or Polkadot?
Post by: fgh on December 04, 2020, 06:17:25 PM
Actually, Polkadot and Chainlink are completely different projects. There is very little in common between them. I don't understand how to compare them, by what criteria. But if there is still a choice, then I would prefer Polkadot. Moreover, he is going to become an ether killer.
Title: Re: Chainlink or Polkadot?
Post by: trauchot on December 04, 2020, 06:27:29 PM
Two very interesting and popular cryptocurrency projects, but somehow I trust Chainlink more, because LINK has been showing incredible results for a long time and I am already familiar with the technologies and capabilities of LINK, but I am almost unfamiliar with Polkadot and therefore between these cryptocurrencies I would chose LINK.
Title: Re: Chainlink or Polkadot?
Post by: Seerge on December 04, 2020, 06:29:43 PM
I agree with the comment that these two coins are good coins and both have potential. Polkadot has made it to the list of top ranked coins and many people are saying it will be a competitor to Ethereum.  Likewise with LINK, Link is one of DEFI projects that has a large enough market capitalization, and this can be a consideration. And if I see the last price movement I choose LINK for now.
Title: Re: Chainlink or Polkadot?
Post by: Istiak on December 04, 2020, 06:42:19 PM
I think both are not fully similar. I do not know much about polkadot but I know that a data oracle. But polkadot is much like an advanced version of the Ethereum network. Polkadot can be compared with projects like Ethereum or BNB, EOS, TRX. And chainlink with DIA if we are talking about their use case. For price speculation, DOT has much more potential than Chainlink because chainlink already has many competitors but I didn't see any real competitor or DOT except ETH 2.0
Title: Re: Chainlink or Polkadot?
Post by: Tnoy30 on December 04, 2020, 06:57:34 PM
Both Polkadot and chainlink are much more popular. In the first case I took the necessary steps to invest. But I could not find the telegram community. So I didn’t invest on any coins. However, in the first case, the price was much lower. Currently the price is much higher.
Title: Re: Chainlink or Polkadot?
Post by: The Legend on December 04, 2020, 06:59:34 PM
Although Chainlink and Polkadot, both of them are very potential coin and both of them have a very active team, my personal favourite is Chainlink. I was surprised by it's performance few month ago. Some of my friends are doubled their portfolio by investing on Chainlink. I want to see chainlink at least at $30 on 2021.
Title: Re: Chainlink or Polkadot?
Post by: Master107 on December 04, 2020, 07:26:48 PM
Some of my friends are doubled their portfolio by investing on Chainlink. I want to see chainlink at least at $30 on 2021.

Agree. Both are potential.
You have still chance. Better late than never. ;) :D

For the record: Coinmarketcap (https://coinmarketcap.com/all/views/all/)

LINK Current Price $13.20
LINK circulating supply 395,009,556
LINK Total Supply 1,000,000,000

DOT Purrent Price $5.19
DOT Circulating Supply 884,916,499
DOT Reported circulating supply 904,869,778 DOT
DOT Total Supply 1,018,939,607 DOT

Technically, LINK is more potential to increase further beyond $30 in the future. I don't know when. Sorry
Title: Re: Chainlink or Polkadot?
Post by: dragononcrypto on December 04, 2020, 10:33:45 PM
Actually, Polkadot and Chainlink are completely different projects. There is very little in common between them. I don't understand how to compare them, by what criteria. But if there is still a choice, then I would prefer Polkadot. Moreover, he is going to become an ether killer.

You're right, they are very different projects. As per the poll "7th vs 9th rank battle of the newcomers:", the comparison is between two projects that are relatively new with the largest market cap, which one will survive the best, knowing how many dozens of coins used to be in the Top 10 and now aren't even Top 100...

My curiosity is whether at the moment users here have more faith in LINK or DOT, regardless of the technical differences.
Title: Re: Chainlink or Polkadot?
Post by: comer on December 04, 2020, 10:46:08 PM
I would go for polkadot for long term investment. the price still at low and then popularity is getting bigger and bigger. someday it will grow big for sure. when it is widely known to everyone the price will surely move high. profit will surely within hands.
Title: Re: Chainlink or Polkadot?
Post by: Bobcrypto on December 04, 2020, 11:16:41 PM
Topic inspired by: LINK or ADA (https://www.altcoinstalks.com/index.php?topic=181368.0), credit to Master107.

Both LINK and DOT are both the newcomers to the Top 10 cryptocurrencies by market cap this year, but which will do better?

Do you think these coins will stay in the Top 10, or like dozens of other altcoins end up being overtaken by others?

Quote from: CMC (https://coinmarketcap.com/currencies/chainlink/)
Chainlink (LINK) is a decentralized oracle network which aims to connect smart contracts with data from the real world. [...] Chainlink is a platform that aims to bridge the gap between blockchain technology-based smart contracts (made widespread by Ethereum), and real world applications. [...] It held an ICO in September 2017, raising $32 million, with a total supply of 1 billion LINK tokens.

Read more: https://coinmarketcap.com/currencies/chainlink/

Quote from: CMC (https://coinmarketcap.com/currencies/polkadot-new/)
Polkadot is an open-source sharding multichain protocol that facilitates the cross-chain transfer of any data or asset types, not just tokens, thereby making a wide range of blockchains interoperable with each other. This interoperability seeks to establish a fully decentralized and private web, controlled by its users, and simplify the creation of new applications, institutions and services.

Read more: https://coinmarketcap.com/currencies/polkadot-new/

Which project will be more useful in the long-term?

With the performance of these two coins, I think both has what it takes to remain at the top ten coin on CMC ranking, and may move further in near future. I think top 3 coins on CMC ranking may be the only Strong projects that may resist the potentials and a possible overtake by both polkadot and chainlink fast growth.
These coins has proven the fact that it is really difficult to predict crypto, and that anything can happen. Many more unknown coin/tokens may also spring up surprises in near future. Crypto is full surprises, let watch out for more smart projects that may put up a good performance other than polkadot and chainlink tokens.
Title: Re: Chainlink or Polkadot?
Post by: dragonvslinux on December 04, 2020, 11:52:57 PM
Do you think these coins will stay in the Top 10, or like dozens of other altcoins end up being overtaken by others?

With the performance of these two coins, I think both has what it takes to remain at the top ten coin on CMC ranking, and may move further in near future. I think top 3 coins on CMC ranking may be the only Strong projects that may resist the potentials and a possible overtake by both polkadot and chainlink fast growth.
These coins has proven the fact that it is really difficult to predict crypto, and that anything can happen. Many more unknown coin/tokens may also spring up surprises in near future. Crypto is full surprises, let watch out for more smart projects that may put up a good performance other than polkadot and chainlink tokens.

It sounds ambitious to think this, but fair enough. I always assumed that while they both would remain very successful projects, staying in the Top 10 isn't exactly a barometer for being useful and valuable. It seems every year there are new projects that enter Top 10 that never stay there long. The only exception to this rule would be that we *appear* to be starting a new bull market, so in an altseason these two projects could hold their ground against any other newcomers, but I'm also not sure it really works like this, despite LINK's incredible rise to the Top 10 that looks like it might have some staying power.

I still remember the amount of coins that used to be Top 10 even relatively recently; Stellar, EOS, TRON, Monero, NEM, Tezos, basically half of the coins ranked 11-20! I guess this is where my pessimism comes from, seeing so many projects get overtaken by the latest flavor of the week, month or year. As you said, the exception to this appears to Bitcoin, Ethereum and XRP. No other projects have survived the test of time, apart from Litecoin I guess.
Title: Re: Chainlink or Polkadot?
Post by: Tanimariya on December 05, 2020, 09:10:55 AM
Visit to coinmarketcap shows that dot and link are much better among the first tier cryptocurrencies in the market. The future is going to be better. The team is much more active. I was interested in investing in these. But I don't have enough dollars. I have plans for the future.
Title: Re: Chainlink or Polkadot?
Post by: Ace H Knows on December 05, 2020, 09:18:15 AM
Both platforms are very promising so far but, not all the times they will stay in that position, I believe Polkadot has momentum over the Chainlink but because of the Defi trend, both platforms are performed well with their own capacity and capabilities.
Title: Re: Chainlink or Polkadot?
Post by: Komorhan on December 05, 2020, 09:43:11 PM
My opinion is that Polkadot is a serious competitor for Ethereum and when the real creation of projects on it begins, ChainLink will immediately lose its place on capitalization!
Title: Re: Chainlink or Polkadot?
Post by: Lenipiw on December 05, 2020, 09:53:31 PM
The position of chainlink and polkadot is much better in the market. The amount of lord is going to be traded. The trend of improvement can be seen in different types of conferences. The #DevelopmentTeam  is very active. If you want to know any information from support, it is possible to get a reply very soon. So I think such projects or coins improve.
Title: Re: Chainlink or Polkadot?
Post by: Sirait on December 05, 2020, 10:49:41 PM
^ I prefer Polkadot. I see the great potential in the future is in Polkadot, why don't I choose Chainlink because I am afraid of the DeFi hype and have very dim potential in the future.
Title: Re: Chainlink or Polkadot?
Post by: Cryptoz on December 05, 2020, 10:49:48 PM
Polkadot is my choice. this is new but it offers also a good platform. this can be another way to build a token based on Polkadot parachain. but well, actually both link and dot are good options to have right now and fir the future
Title: Re: Chainlink or Polkadot?
Post by: robert20 on December 06, 2020, 08:22:17 AM
I like Polkadot more than LINK. Because Polkadot has more real life use cases than LINK. Polkadot solves all of the problems that we face with ETH and also has all the features of ETH. So i am very excited about Polkadot because if its able to attract the people's it can go a long way I think.
Title: Re: Chainlink or Polkadot?
Post by: sumaiyashimu on December 06, 2020, 11:01:20 AM
I like to hold cryptocurrency all the time,
At present I have in my wallet some more coins including LINK, DOT, BTC, ETH, BCH, SXP.
Knowing the details about the future plans of LINK, DOT, then hold and I hope to get a good profit.
Title: Re: Chainlink or Polkadot?
Post by: sugarchrisp on December 06, 2020, 10:38:42 PM
After the update, Ethereum will be able to provide new fuel for Defi ,against this background, we should expect a greater growth of Link, compared to DOT, but I think this is 2 strong coins!
Title: Re: Chainlink or Polkadot?
Post by: MRM on December 06, 2020, 11:00:26 PM
By 2020, many new coins or tokens have improved. Which have not found any coins in the market in the last two years. The mentioned coins occupy a good position in both the markets. Many coins are in the top position. In the future like 2021 coins will do better.
Title: Re: Chainlink or Polkadot?
Post by: EmoneyABC on December 06, 2020, 11:10:39 PM
In my opinion both are good but Polkadot has more chance to grow much higher, they still have to deliver and if it will be really ETH concurrent then chances are it will be very fast in top 5. Polkadot in my opinion has much more to offer as Chainlink but maybe I underestimate it a little as an Oracle because there are new better once already coming like API3 https://api3.org/
Title: Re: Chainlink or Polkadot?
Post by: lepbagong on December 11, 2020, 12:47:05 PM
By 2020, many new coins or tokens have improved. Which have not found any coins in the market in the last two years. The mentioned coins occupy a good position in both the markets. Many coins are in the top position. In the future like 2021 coins will do better.

The growth of new tokens this year is quite large and I really agree. many were good at first but because there was no intention to develop and only looking for profit only on new projects, eventually the token sank with time. Unfortunately, many new projects are now profit oriented at the start and have no intention of being developed.

I am very interested in chainlink because it is one that is well managed and wants to be developed so that this token is quite tactical in difficult situations, it never drops drastically and can survive well, so for me it deserves to be a concern for the future. because it has the potential to continue to grow.
Title: Re: Chainlink or Polkadot?
Post by: Malam90 on December 14, 2020, 05:22:40 AM
Polka DOT is better in my choice regardless of better technology.
Only after launching within few months, DOT has drawn attention of massive investors, crypto lovers.
As a result, it has entered on top 10 rank.
Title: Re: Chainlink or Polkadot?
Post by: yohananaomi on December 29, 2020, 07:25:05 PM
I have watched the movement of chainlink for a long time when I first entered the market and it looks like it's showing a consistent improvement and I hoped it would continue, but it ended up stalling. but I still really believe that there will be another increase in the next year because he has never had a very drastic decline and remains stable.
Title: Re: Chainlink or Polkadot?
Post by: Lutera94 on February 05, 2021, 01:19:56 PM
Chainlink partnership with goggle, it is very impressive news for me.as a result LINK flying like a rocket. On the others think polkadot created a good community within very short time. As a result polkadot Stay at number 10. So my opinion is both are very good project, may be polkadot little Ahead.
This is my personal opinion.
Title: Re: Chainlink or Polkadot?
Post by: LazY on February 06, 2021, 08:47:52 AM
Both Polka Dot and Chainlink coins are in good condition.  However, the most popular is polka dot.  Everyone is rushing to buy polka dot now. Because everyone thinks it can be a good profit making tool in the future.  I myself support Palka.com the most.
Title: Re: Chainlink or Polkadot?
Post by: yohananaomi on February 10, 2021, 09:20:53 AM
Both Polka Dot and Chainlink coins are in good condition.  However, the most popular is polka dot.  Everyone is rushing to buy polka dot now. Because everyone thinks it can be a good profit making tool in the future.  I myself support Palka.com the most.

both are indeed good coins and you are correct in saying that, but from the surprising arrival of the polka-dots, of course will not be able to conclude quickly because they cannot be proven. different from the chainlink which had arrived earlier.
it is time to decide which one is the best.
Title: Re: Chainlink or Polkadot?
Post by: Marizqick on February 14, 2021, 10:17:21 PM
i feel more on $DOT they have great ecosystem
for sure $DOT is the next gems
even right now i try to join their whitelist for the Polkastarter IDO.
Title: Re: Chainlink or Polkadot?
Post by: MrSpasybo on February 17, 2021, 02:44:37 PM
Both the two projects, ChainLink & Polkadot, are very potential and get the attention of the community, we can say that these are the two leaders in their own trend: blockchain application in enterprises & cross-chain transactions. However, up to now, ChainLink has had partners and is applied in practice, while Polkadot is still perfecting its ecosystem to connect many blockchains together. Based on factuality, I vote for ChainLink.
Title: Re: Chainlink or Polkadot?
Post by: robert20 on February 17, 2021, 06:39:30 PM
It think Chainlink and Polkadot both are very high potential project and i think  both of them will have a greta success. But among them Polkadot is better it has already attracted many developers and investors its technology is better i think. This project are very  good for long term investment.
Title: Re: Chainlink or Polkadot?
Post by: lepbagong on February 23, 2021, 12:41:08 PM
It think Chainlink and Polkadot both are very high potential project and i think  both of them will have a greta success. But among them Polkadot is better it has already attracted many developers and investors its technology is better i think. This project are very  good for long term investment.
It must be admitted and I agree with what you said that both chainlink and polkadot are two potential coins and are very good at this time and we cannot deny that.
polkadot is a coin that has just appeared on the market and has immediately increased and is the target of investors because of its sudden arrival and soon occupies the best position in the ranking.

the same as the incident with chainlink, when it entered the market for the first time before it was the target of many investors, but because it was able to keep it from going down so low, it is certainly an achievement in itself from Chailink.
so I think for the future chainlink the prospects will be increased compared to the polka dots that we don't know the resistance has.