Post
Topic
Board Altcoin Discussion
Re: Is there a new blockchain that will compete with Ethereum?
by
haenko
on 28/11/2021, 17:19:14 UTC
Personally, I think NEAR Protocol can compete with Ethereum, this is the L1 blockchain made by the guys who worked at Google and Facebook, as well as the winners of the world programming olympiads. NEAR has a transaction speed of up to 2 seconds and a gas price of <$ 0.01, and it is also environmentally friendly.  But the most important thing is that NEAR launched sharding, and the number of shards will increase every year, which means that NEAR Protocol will be able to withstand any load on its network, and the speed of transactions and the price of gas will always remain the same fast and cheap.  Sharding is really important, look what happened to Ethereum and Avalanch when they gained popularity and got a big load on their network, how much price of gas grew in their network, it should not be so.  I think NEAR can easily compete not only with Ethereum but also with other cool L1 blockchains.