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Poll

Which will do best in 2021?

Ethereum
2 (14.3%)
DeFi projects
2 (14.3%)
Polkadot ecosystem
5 (35.7%)
NFTs
2 (14.3%)
All crypto
3 (21.4%)

Total Members Voted: 14

Voting closed: July 01, 2021, 03:18:47 PM

Author Topic: DeFi Polkadot and NFT interest reaches ATHs  (Read 1033 times)

Offline gotbounty

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Re: DeFi Polkadot and NFT interest reaches ATHs
« Reply #15 on: February 25, 2021, 11:59:24 PM »
Polkadot is very promising and it also offers a good platform and also the ecosystem. Moreover the Ethereum platform right now also offers a very high gas fee, so it may cause many more projects to sitch from erc20 to Polkadot or another platform in order to conform to the exchange transaction,
« Last Edit: February 26, 2021, 12:05:45 AM by gotbounty »
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Re: DeFi Polkadot and NFT interest reaches ATHs
« Reply #15 on: February 25, 2021, 11:59:24 PM »

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Offline TomPluz

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Re: DeFi Polkadot and NFT interest reaches ATHs
« Reply #16 on: February 26, 2021, 02:49:41 AM »
Polkadot, DeFi, NFT are getting great attention, but I still keep my love for Ethereum. Ethereum continues to maintain POW and this ensures maximum decentralization for the blockchain, and I think that after switching to POS, Ethereum will continue to allow all nodes to participate in the transaction confirmation system. translates instead of just about 21-100 nodes like many other blockchains.
ETH2.0 is being finalized, Ethereum's community is still very crowded and we have to accept that users switch to other blockchain platforms such as BSC, TRON, and Cardano because Ethereum is continually overloaded, not because Ethereum is not good enough for them.

The Ethereum network is a big pioneer in many things and will continue to be playing a major role in the world of cryptocurrency, DeFi, NFT and with DEX. However, we know that right now it failed to rise to the challenge of making the network cost-effective. The major reason why a number of platforms are shifting to other alternatives is the continuing unbelievable gas fees being experienced by the users. Hopefully, Ethereum can soon solve this problem and we will not be hearing of so many complaints anymore...am looking forward to that. Right now, BSC is getting the benefits of this problem, so we are seeing a "war" between the Russian and the Chinese (just kidding).






 

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