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I’ve done some research in the past trying to answer that question as well, and I concluded that there really wasn’t any, at least not any large ones. Ethereum
by Vadoff 6y ago
I’ve done some research in the past trying to answer that question as well, and I concluded that there really wasn’t any, at least not any large ones.
Ethereum allows decentralized smart contracts, but the value seems fairly limited. The most promising use case I found was for a decentralized exchange... but that doesn’t seem valuable enough to justify its price. Also, a decentralized exchange + smart contracts are possible via L3 solution on Bitcoin and Lightning Network too.
Three other competitors in the smart contract space are also among the top 10 coins: Polkadot, Cardano and Chainlink.
- gge 6y agoWrong. You haven't done any research, defi apps on Ethereum have grown a lot in usage in 2020: https://defipulse.com/ https://defipulse.com/
- gge 6y agoAlso Chainlink isn't in the smart contract space, its in the decentralised oracle space. Polkadot is more of a "blockchain of blockchains" rather than an Ethereum competitor. Cardano is a smart contract platform like Ethereum but it is a dead project. Ethereum sees tons of usage while Cardano is just a ghost chain.