RATE Group | Ethereum (ETH) – Is the competition strong enough?
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Ethereum (ETH) – Is the competition strong enough?

21 Jul Ethereum (ETH) – Is the competition strong enough?

Posted at 08:57h in Ethereum News by

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Ethereum ETH

At the moment, there is no doubt that Ethereum (ETH) is the king of the Dapps market. It has first-mover advantage, something that has given it a strong footing as the number one platform for launching ICOs. As a matter of fact, a majority of these projects are Ethereum-based, with 250k developers supporting the network. However, like Bitcoin, Ethereum has its issues, mainly to do with its ability to scale.  This has led to the emerge of multiple projects all aiming to outcompete Ethereum (ETH) in the Dapps market.

Let’s go through some of them, and try and figure out, which one stands the best chance to give Ethereum (ETH) some serious competition.

EOS (EOS)

EOS (EOS) is one of the most hyped project in the market, and is marketed as a real competitor to Ethereum. It is scalable, has high transaction speeds, and some of the lowest transaction costs in the Dapps ecosystem. However, EOS (EOS) has struggled to distance itself from the notion that it is…

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