future ethereum will be cardano "ADA" OR polkadot "DOT"

cardano "ADA" OR polkadot "DOT" challenging ethereum
for future as we all know the best technology in blockchain will become king. popularity game will be vanished soon.

Both Cardano (ADA) and Polkadot (DOT) have seen an unprecedented amount of development and adoption over the past year. Consequently, they are neck and neck in rankings by market cap and both are among the top ten cryptos. Cardano blockchain hosts smart contracts and applications similar to Ethereum. What makes Cardano unique is its double-layered architecture which enables more flexibility for its smart contracts. Polkadot on the other hand aims to efficiently connect individual blockchains into a single unified network. It has been known to be called “The Internet of Blockchain”. Interestingly, both blockchain platforms share some hints of familiarity with Ethereum.

CARDANO(ADA)

Cardano is a proof-of-stake (POS) blockchain, the first to be founded on peer-reviewed research. The innovative platform requires transaction validations and the validators would need to “stake” some of their ADA coins. It was founded by Charles Hoskinson, who is also the co-founder of the popular altcoin, Ethereum. The ADA altcoin has been gaining investor’s attention in recent months and it is having a spectacular year.

Cardano Blockchain is Now 100% Decentralized
Cardano has been striving to decentralize its network as quickly as possible. If you recall in late July 2020, the Shelly upgrade was one of its initiatives. Starting off Q2 on a positive note, the blockchain network announced it is now 100% decentralized on block production. What does this mean in layman’s terms? Essentially, this means that the community stake pool operators are now fully responsible for block production. In comparison, Bitcoin reportedly relies on its ten prominent mining pools that account for more than 80% of block production. This significant milestone certainly comes as encouraging news for potential investors. Specifically, the fully decentralized network makes it less susceptible to 51% attacks and reduces other significant risks.

POLKADOT

Will Polkadot Replace Ethereum?
Many are speculating that Polkadot could become the next Ethereum. But that’s not really a good comparison. Many die-hard Cardano fans believe it will eventually displace Ethereum thanks to its high-speed tech and fee-free transaction setup.

These appeal to developers to utilize Polkadot’s network for future blockchain projects. Why? It provides developers with technical freedom and makes functionalities easily accessible. Not to mention, Polkadot comes with a much lower transaction fee. As Defi grows, the market’s appetite for Polkadot’s token has been exceptional. If you believe that there will be strong adoption and attention from developers (like how Ethereum has achieved its success), Polkadot is one cryptocurrency to watch.