What did you think about the future of polkadot?
What did you think about the future of polkadot?
I\’m still new in this crypto space, I have been in this forum for couple of months now and I have get to know more about cryptocurrency and also I\’m beginning to understand the market somehow, I\’m looking out to invest in polkadot, although I make intensive research about this polkadot seems it has a good potential in the future, so I will also like to seek for advice from you what did you think?
In terms of potential, DOT is still something quite good, it’s just that the way the developers are implementing it seems to be a lot slower compared to competitors in the same field. I really want for you is to be patient and trust your own decision.
Polkadot was a project that aimed to replace Ethereum by providing a fast and cheap network and a better structure for smart contracts, and verification at the protocol level does not make there a need for second-layer solutions. The near future does not suggest that Polkadot will achieve anything better than Ethereum, and I have not heard anything about the future development of this blockchain, so it will not have a high value.
Its been a while when I heard anything big news on polkadot. I think they had been surpass by other L2 projects in terms of users, really gotten hype before especially on parachain projects but it seems more and more users are liking L2 and than the polkadot ecosystem.
Maybe for trading purposes its still got a lot of upside but for ecosystem not sure.