Post
Topic
Board Altcoin Discussion
Re: Investing in coins built on Ethereum or alt coins that are independent?
by
Billo_
on 01/06/2021, 01:43:17 UTC
Are you guys leaning towards coins that have been built on top of Ethereum or ones that are completely separate?  Does that matter to you?  

Just wondering where you all are putting your money these days...besides BTC on the dips of course...
Right now, Ethereum looks like it can stay a big force in crypto because so much infrastructure is already built on it and it will take a much more advanced tech to be a real competition.

So many Altcoins were launched but no real improvement was made. After all, each Altcoin has some major downsides and Ethereum will have no difficulties to distance such Altcoins.
After all, it looks like only Avalanche has a significat different approach by using a novel consensus approach. Mainnet is already live and it is working what Avalanche devs have claimed. Here is a great summary what Avalanche can achieve: https://cryptoseq.medium.com/what-sets-avalanche-apart-from-other-blockchains-3c5f4a4c0889

A big challenge for Avalanche will be to gain attention because it's really good tech but not very known. Some DeFi devs have recently told to be developing on Avalanche like SushiSwap: https://cryptoseq.medium.com/what-sets-avalanche-apart-from-other-blockchains-3c5f4a4c0889

Ethereum has a big advantage here.


My bet is on Ethereum / Avalanche because I don't really see a different way which crypto can significantly take amarket share from Ethereum.