Polkadot: Betting Against Blockchain Maximalism

Sudarsan Karki-SuperSudar
Coinmonks

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Will Polkadot Become the Next Great Altcoin?

Cryptocurrency in 2021 has been all about ‘Smart Contract Wars’.

People are excited to know which cryptocurrency will outperform Ethereum and become the next great altcoin.

Polkadot: Betting against Blockchain Maximalism
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I recently answered a similar question on Quora which got 21.5K+ views and 199+ upvotes in a short time span. Even Marius Kramer upvoted it.

People are really interested!

Let me quote myself from that answer.

There are currently four altcoins that are waging war on each other to be the next Ethereum. I like to call them ‘The Big 4’: Cardano, Polkadot, Solana and Terra Luna.

In this article, I will be talking only about Polkadot.

Why?

Well lately, Polkadot has been turning heads with its ‘Parachain Auctions’. It recently ended its first batch, and its first five auction-winning parachains are already live.

So, I decided to educate my readers on one of ‘The Big 4’- Polkadot.

Is Polkadot the Ethereum Killer?

Back in October 17, 2020, Bloomberg, one of the world’s top business magazines, ran an article entitled ‘Ethereum Blockchain Killer Goes By

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