Post
Topic
Board Altcoin Discussion
Re: Will Ethereum lose importance? Avalanche launches Avalanche – Ethereum Bridge
by
Billo_
on 09/02/2021, 01:58:55 UTC
I know that avax is a good chain but binance has been starting to take over the domination that already made by ethereum. It shows the similar chart to the ethereum.
But Binance is a centralized project, Binance Smart Chain has currently only 21 nodes and when more nodes are added, it will decrease performance, just like Ethereum does today and fees will explode.
Avalanche doesn't have such issues because Avalanche consensus can scale to much more nodes. And while scaling, Avalanche doesn't decrease performance.
Here was written a very good article about it, why Avalanche can scale better: https://medium.com/avalanche-hub/avalanche-a-revolutionary-consensus-engine-and-platform-a-game-changer-for-blockchain-fdac008edc35

I personally think it's a contender for the top 10 in the not too distant future.
Yes! Only few people know about Avalanche now because it's just launched half year ago. Avalanche is still very unknown and early.