Sure enough, the "pessimistic" in the market is always the coin that has skyrocketed. When it rises to doubt life, the big guys start to pay attention to the coin's technology and future. Recently, DOT has repeatedly hit new highs. When the bull market started at $4, it rose to $19.387. Jiang Zhuoer, a currency tycoon, posted a Weibo post, saying that cross-chain is a false demand. I'm the first to raise my hand against it!
With the explosion of Polkadot, the bigwigs in the currency circle have expressed their opinions. I agree with some views, but I firmly oppose Polkadot. The development of cryptocurrency to today's $1 trillion has not come easily. If the success of BTC is regarded as the realization of the blockchain concept, then the public chain system is the next generation of "Internet".
Of course, the Internet is not immature, and Ethereum is not perfect. The TPS (transactions per second) of ETH is not enough to accommodate more users, and the network congestion is a pain. Although ETH is very active in expanding capacity through Rollup, sharding, etc., ETH2.0 has just started phase 0. For the rapid iteration period of the blockchain, I don't think everyone will stagnate. On the contrary, innovative technology is king, and Polkadot is my expectation.
Why do some people think that Polkadot is a false demand, because everyone thinks that after the completion of ETH2.0, Ethereum will occupy a dominant position, and all networks will be unified, and there will be no possibility of all networks. Then let me ask if the effect of Ethereum 2.0 is not good. what to do?
$0.15
In fact, Ethereum’s high transaction fees are already prohibitive. If you have $100 in ETH, you need to pay more than $30 per transaction. Polkadot’s transaction fee is only $0.15. Lower transaction costs provide greater development space for high-quality projects and support more ecological projects.
At the same time, the lower transaction fee attracts more users to participate in the ecology and join the community, and the community is the most supporter of the project. Without everyone's support, how can the ecology come about? The so-called those who win the ecology win the world.
Six transactions per minute
at last
at last
The current scalability problem of the blockchain is there. Regardless of the current Ethereum, eth2.0 after sharding has too many restrictions on the dapp project side, and does not give excellent projects an upward channel. On Polkadot, there are many roles to choose from including smart contracts, parallel threads, and parachains. The ceiling of development depends on the quality of the project itself and the number of users.
