Post
Topic
Board Altcoin Discussion
Re: Is there a new blockchain that will compete with Ethereum?
by
carlfebz2
on 27/09/2021, 23:11:34 UTC
We all know about huge transaction fees, not the most convenient scaling and the difficulties of entering the ecosystem. Are there projects that will provide people with the best conditions for the implementation of their ideas in the cryptoworld?
there are currently many blockchain technology circulating which are much faster and cheaper than ethereum, for example EOS, solana, polkadot or avalanche but all of them cannot beat the popularity of ethereum

ethereum is similar to bitcoin, the position of the two will not be replaced by any new tokens or coins although they offer low transaction fees, speed or great security compared to ethereum or bitcoin
Application and real use case is the main reason and thats why we are really seeing that it is still remaining on the top 2 spot despite on have lots of good blockchain out there which is more faster and cheaper.

It all varies with the demand in the end of the day because no matter how good or updated it is but the community would be the one to decide on which one they would be mainly supporting.

Competition is normal but it is really just hard to believe on that ETH could be replaced down easily but well nothing is guaranteed though.