Post
Topic
Board Altcoin Discussion
Re: Another Ethereum killer? The next Bitcoin?
by
Abiky
on 08/12/2021, 17:30:54 UTC
Yeah but how can something be an ETH killer when it is heavily centralized. I know that will change at some point , but currently that is not the case. I do like what they are doing, and their transaction throughout is amazing, combined with their speed, they have a chance to take them out. But only if they decentralize. Time will tell all!

Exactly. Solana often sacrifices decentralization in order to obtain high performance and cost-efficiency. This greatly defeats the purpose of crypto/Blockchain tech. Why'd you want to use something cheap and fast, when it can be extremely vulnerable to external attacks or manipulation? People don't seem to get what crypto is all about since they're only following the money. They'll regret themselves dearly once everything goes down the drain at a fast pace. It's no secret that Solana faced a network disruption some time ago. This shows us that the network is not as reliable and secure as many thought it would be.

Let's face it, no competitor can outmatch Ethereum no matter which shiny new features it has. EOS once claimed to be the next "Ethereum killer" only to fail doing so in the long term. Even Polkadot was thought to be Ethereum's successor when there was a lot of hype surrounding it. You really can't beat something that it's decentralized and has first-mover advantage on the market. Saying that you'll "kill Ethereum" is like saying you'll "kill Bitcoin". Instead of trying to defeat ETH, projects should focus on taking their own path to help make crypto/Blockchain land a better place. Just my opinion Smiley