Post
Topic
Board Altcoin Discussion
Re: Why do people still use ETH?
by
bittick
on 27/07/2021, 01:23:33 UTC
I stopped using ETH on Ethereum and moved to Fantom and NEAR Aurora. I got sick of the fees and failed transactions.

It is very difficult to stop using ETH since most of the coins are created on the Ethereum blockchain. Accordingly, by refusing to use Ethereum, you miss a lot of profitable projects, which, with a decrease in the dominance of bitcoin, will show a very good price increase.

A lot of projects that have been launched recently are not running on top of the Ethereum network. Binance Smart Chain seems to be the preferred hub for now for any new project launched, or most new projects. But there are so many older projects that people are still holding onto, that there is no way around Ethereum. Everyone is waiting for Ethereum to scale and succeed and make their token valuable.
I see that too, many of new projects deployed in various smart contract blockchain and its actually a good thing since it could reduce or atleast prevent eth from getting too overloaded after all a project will need different specification, for example axie that needed a blockchain that could make many transactions in short amount of time. Its all about preferences that the project have, atleast with the spreading of developer to many blockchain it could bring newer smart contract platform come to life.