Gate.io Blog What Is The Ethereum Killer?

What Is The Ethereum Killer?

22 March 09:29

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Since the birth of <a href="/price/bitcoin-btc" target="_blank" class="blog_inner_link">Bitcoin</a> as a cryptocurrency, the <a href="/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a> blockchain has been created as a tool for issuing cryptocurrencies on the platform.

The virtual currency used in <a href="/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a> is ETH, which is widely used in the market and game development, and its market value is second only to <a href="/price/bitcoin-btc" target="_blank" class="blog_inner_link">Bitcoin</a>.

Since around 2016, <a href="/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a> has become increasingly famous, but as trading volume increases, processing power cannot keep up, leading to issues such as delays and soaring trading fees.

To address the issue, a new blockchain network has emerged which is known as the <a href="/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a> Killer.

Representative <a href="/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a> killers include <a href="/price/solana-sol" target="_blank" class="blog_inner_link">Solana</a>, <a href="/price/cardano-ada" target="_blank" class="blog_inner_link">Cardano</a>, <a href="/price/avalanche-avax" target="_blank" class="blog_inner_link">Avalanche</a>, <a href="/price/polkadot-dot" target="_blank" class="blog_inner_link">Polkadot</a>, and others.
Due to the difficulty of changing specifications in the later stages of blockchain development, the ability to solve the problems faced by <a href="/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a> is attractive.

Many blockchains have solved problems before, such as reducing trading fees and improving trading speed.

In addition, many blockchains have compatibility with <a href="/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a> or other blockchains, making it convenient to migrate from <a href="/price/ethereum-eth" target="_blank" class="blog_inner_link">Ethereum</a> and adapt to the growth of the Web3 sector. This scalability is also its biggest advantage.

<div class="blog-details-info">
<div>Author: **Peperon**
<div class="info-tips">\*This article represents only the views of the researcher and does not constitute any investment suggestions.
<div>\*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
</div>

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