TRON, CARDANO and POLKADOT can be the next ethereum. It's not easy to beat ethereum but can be overload eraser. New project can be developed from these three network for high speed, network scalability, lower fees in transactions.
Have some doubt on it, When Bitcoin rises, other coins fall because people are selling their alt coins to go into Bitcoin?
It is simple, when Bitcoin rises altcoins prices decrease. Few investors then try to sell their altcoins to Bitcoin to increase their value of investment with the increase of bitcoin price. After few days of pump, they again come back to altcoins.
Ethereum's high transaction cost issue has been around since bullrun 2017 & ETHKitties event, but the community still loves Ethereum, DeFi projects in 2020 also choose Ethereum over other platforms with lower transaction costs. The reason is that Ethereum has a huge community of supporters and the Ethereum development team is working very effectively. Going back to the problem that you set up: SOLUTION FOR ETH HIGH FEES. I think we have several solutions: + Wait for the development of ETH2.0 in 2021. If ETH2.0's scalability reaches 1K tps, we will see transaction costs go down; + A few projects use other platforms to relieve pressure on the Ethereum network. I think Cardano & Polkadot are the best options.
Transaction fees is now a matter of concern in ethereum network but we have nothing to do other than wait until the end of 2021 to get better results from ethereum 2.0. Cardano, Polkadot and TRON can be better choice to release pressure on ehtereum network if new projects are developed from those blockchain.
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Topic
BoardAltcoin Discussion
Re: Cryptopia Claim without KYC
by
bitbit20
on 14/12/2020, 13:20:15 UTC
Cryptopia hacked few years ago when my balance was hacked also. After a long time why they will give again opportunity. I know it is no valid now. Cryptopia damaged many investors life. My savings gone there. Low security exchange was it. Over the years, it is on maintenance mode after hack.
Post
Topic
BoardAltcoin Discussion
Re: Why Youengine (YOUC) failed
by
bitbit20
on 14/12/2020, 13:11:56 UTC
YOUC is listed in low rank, low volume exchange where in 24 hours only $500-$2000 are traded. Big exchange listing will pump the price. If team bear expense to list in Binance or kucoin, it will pump price sure. Shit exchanges destroy a coin's market value.
Gas fee is a matter of thinking of Ethereum network transaction. Fees now decreased but still more to us. I hope it will soon decreased fees after Ethereum 2.0 if complete without any problem. Gas fees, speed depends on the success of 2.0. Patience is need for now for decrease of fees.
You are an investor. You find price jump, you can sell but holding for this time may lose your profits if it is shitcoins. Profits is main factor if you sell right time. Waiting after sell, sometimes can give you chance to buy again. Buy in low price will again give you chance to bring more profits. Dump isn't factor if you take right decision.
Our country government don't accept bitcoin. If anyone use bitcoin and know it state police Caught him and give punishment. But i like bitcoin. How can i use it? And I want to explain that bitcoin is not bad for me. How can i successfully explain?
Govt won't accept BTC because they think it is illegal. It is used in illegal works by criminal and money launders. They don't allow to use BTC for users by law in that country.
