In a nutshell, yes and no. We'll go over four of the most notorious ETH killers, as well as why they're called that. Cardano, Solana, EOS, and Polkadot are some of the most well-known ETH killers. If you're looking for a place to buy ETH killers, CoinSwitch has them available on their platform.
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View Details »So let's examine these Ethereum challengers one-on-one but before that let's get the basics out of the way.What are Ethereum killers? For a crypto player, the concept of 'Ethereum Killer' is about evolving as a blockchain that can mitigate the flaws of the first mover. Meaning, the players who are able to solve the problems will have the opportunity to take over Ethereum in the long run. For the time being, the main players are Cardano, EOS, Solana, BNB, and Polkadot. Let's look at why they qualify to be called 'Ethereum Killer.' But before that, let’s look at Ethereum’s shortcomings to know why investors have been looking for alternative blockchains. Scalability is a major issue for Ethereum. The inherent Proof-of-Work mechanism became dated as the demand for ecosystem usage grew, and it can now only handle 13 transactions per second. The slow transaction speed invariably leads to higher transaction or gas fees, which are mandatory for using the computational power of this massive ecosystem. Apart from scalability issues, the Ethereum blockchain also has a lack of sustainability, which can be linked to the previously mentioned energy consumption. In addition, there is an interoperability issue that prevents other blockchain participants from
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