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Is Ethereum actually good or does it just have first mover advantage?

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by COINS NEWS 155 Views

After doing a plethora of research, I’m finding out that Ethereum might not be the best blockchain tech wise. Blockchains such as Cardano, Algorand, Cosmos etc all seem to have various advantages over Ethereum.

These advantages include lower fees, speed, scalability, decentralization and already being proof of stake. (It’s debatable whether proof of stake is superior or proof of work but I won’t go into that).

Other than being the most adopted smart contract platform and being “first to market,” is Ethereum actually technically better than most other Layer 1s out there?

Don’t get me wrong I’m bullish on Ethereum, but I’m even more bullish on other Layer 1s.

What are your thoughts on this?

submitted by /u/SkepticalCryptoDude
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