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❕NEWS Polygon Co-Founder Believes Ethereum Will Overtake Bitcoin, Becoming Leading Crypto Network.

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I hope he do his findings before ascertain such claims,if you look at the volume and popularity of Bitcoin you will know that double etherium in the future can't match it's feat.
yes no doubt the volume and the popularity of Bitcoin is much higher than that of ethereum but if you had to look at the use case and the ease of growth ethereum is doing very well compared to Bitcoin.
 

Ptrikha90

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yes no doubt the volume and the popularity of Bitcoin is much higher than that of ethereum but if you had to look at the use case and the ease of growth ethereum is doing very well compared to Bitcoin.
I think people should just focus on telling about merits and demerits or Trend forecasts of a currency at a time, and not get themselves or people into the "comparison" mode!
But perhaps, comparison mode talks fetches more fame??
 

microunit

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This is what I believe too, I think that the smart contract that ethereum has is the main reason for this, as majority of the projects are operating using the ethereum smart contract that in turn is helping the ethereum network grow more, whereas with bitcoin there isn't any smart contract. bitcoin would just depend on the demand it has to the public and popularity it has as the first ever cryptocurrency
 

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Personally I believe this is a debatable topic and it would be really hard for ethereum to ever come to overtake Bitcoin as the number one crypto currency. There are lots of people I know that only believe in Bitcoin and do not even know about ethereum. This goes to show you how much support that Bitcoin is already having.
 

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Personally I believe this is a debatable topic and it would be really hard for ethereum to ever come to overtake Bitcoin as the number one crypto currency. There are lots of people I know that only believe in Bitcoin and do not even know about ethereum. This goes to show you how much support that Bitcoin is already having.
Obviously is going to be a hard nut to crack but ethereum will definitely be a very good coin that people will continue to respect. it's his case will no doubt continue to improve far better than that of Bitcoin but but competing with Bitcoin in terms of value or price it's not tenable except bitcoin will seize to exist.
 

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The use case of ethereum continue to increase on daily basis despite that the value is not appreciating as expected due to crack but Sandeep Nailwal ( Polygon’s co-founder) believes that Ethereum is close to overtaking and replacing bitcoin as dominant layer-1 protocol, as "the ultimate settlement layer" for the DeFi space. He believes that Ethereum run isn't over and shouldn't be compared with other layer-1 protocols like Solana, saying that polygon is going to have a determining role to ensure the long-term dominance of Ethereum through its scalability solution
Despite the fact that ethereum usecase is increasing rapidly, overtaking is indirectly impossible.
Bitcoin was the first crypto and it has got some specialities that ethereum is yet to achieve. Bitcoin is far gone and ethereum is left behind because Bitcoin is relatively cheaper in terms of cost of transactions and it more investors than ethereum.
As we all know, transaction on ethereum blockchain is very costly and ethereum may improve if cost of transaction is reduced.
 

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Despite the fact that ethereum usecase is increasing rapidly, overtaking is indirectly impossible.
Bitcoin was the first crypto and it has got some specialities that ethereum is yet to achieve. Bitcoin is far gone and ethereum is left behind because Bitcoin is relatively cheaper in terms of cost of transactions and it more investors than ethereum.
As we all know, transaction on ethereum blockchain is very costly and ethereum may improve if cost of transaction is reduced.
I don't think bitcoin has one special feature that ethereum doesn't have other than the fact that the price of value is already higher and the fact it is the first cryptocurrency. if you check the huge number of projects that is going on ethereum blockchain you will both agree that the coin is making more progress than Bitcoin.
 

Jack / 47 F1

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The use case of ethereum continue to increase on daily basis despite that the value is not appreciating as expected due to crack but Sandeep Nailwal ( Polygon’s co-founder) believes that Ethereum is close to overtaking and replacing bitcoin as dominant layer-1 protocol, as "the ultimate settlement layer" for the DeFi space. He believes that Ethereum run isn't over and shouldn't be compared with other layer-1 protocols like Solana, saying that polygon is going to have a determining role to ensure the long-term dominance of Ethereum through its scalability solution
i think it would be better said that the eth erc - 20 network will overcome btc. eth code / network is the back bone of the system. but it wont be the dominant or the coin that solves all the problems that the network faces. once again matic is named by someone who is in the know, saying that it could solve many if not all the problems of transactions. matic has seen some really big price swings the last 2 months or so. but in general, it keeps on climbing. and its always recovering very well from the dips. see screen shot of chart.

Screen Shot 2021-12-19 at 09.18.55.png
 

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Despite the fact that ethereum usecase is increasing rapidly, overtaking is indirectly impossible.
Bitcoin was the first crypto and it has got some specialities that ethereum is yet to achieve. Bitcoin is far gone and ethereum is left behind because Bitcoin is relatively cheaper in terms of cost of transactions and it more investors than ethereum.
As we all know, transaction on ethereum blockchain is very costly and ethereum may improve if cost of transaction is reduced.
Bitcoin has only its reputation working in its favour which is a very strong sentiment shared by many investors especially institutional investors but that hasn't made it comparable to ETH when it comes to the uses of its network by several developers in and out of the crypto space.
 

Jack / 47 F1

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heres a very interesting article from coin telegraph. regarding polygon, its uses & its future. take the time to read it & if you havent bought polygon / matic, pick some up.

article by - Zhiyuan Sun. title of the article - " Here's how Polygon is challenging the limitations of Ethereum, as told by co-founder Sandeep Nailwal ". the 1st paragraph - " Polygon's scalability, efficient processing times and very low gas fees provide a solution to Ethereum's current network limitations, according to Nailwal. "

https://cointelegraph.com/news/here...thereum-as-told-by-co-founder-sandeep-nailwal
 

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