Re: Ethereum vs Competitors: Who will lose Relevance?

Quote from: Why you bully me on Today at 12:10:30 PM

Quote from: GateioExchange on April 12, 2023, 07:34:52 AM

Shanghai upgrade is finally happening, but is it too late? Will Ethereum even be relevant by the time it finishes upgrading? Or are they taking too long?

Lots of EVM competitors now:
a) Polygon zkEVM functionality
b) Cardano now has native EVM
c) Filecoin added VM compatibility

Check out our take, and then reply with feedback of your own:
https://www.youtube.com/watch?v=GO4-cOgo7j4

I believe Ethereum is too far ahead with its first movers advantage and the amount of developers and dapps in use etc. I think the narrative of your post should be the other way around and asking if other altcoins could try and reach close to ethereum.

Indeed. I'd argue that Polygon and Filecoin can maintain their relevance by catering to distinct functionalities and niches. Polygon still has a decent DeFi TVL and actively pursues growth in the NFT market, recently convincing Solana's DeGods to move to their chain. Filecoin team is the same team that builds IPFS I believe, which is widely used today. Cardano, however, I'm amazed to see Cardano still in the top 10 by market cap size. Do people actively use it, and if so, for what purposes?