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Communications of the ACM

ACM Opinion

Which Crypto Platform Will Rule Them All?


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Abstract pyramid shape in sky denotes cryptocurrency

The cost of an Ethereum transaction rose to nearly $70 in May before dipping over the summer, then rising to almost $60 in September.

Zoltan Tasi/Unsplash

If you want to build a crypto application, from NFTs to decentralized finance, you're probably going to build it on Ethereum. But should you? The truth is, Ethereum has some big issues for developers, most notably slow transaction speeds and high fees.

Ethereum's problems have left an opening for a number of upstart blockchains, including Solana, Cardano, Polkadot, Celo, Avalanche, and Flow, that offer faster and cheaper transactions. While it may be too early to call them "Ethereum killers," they have shown signs of taking market share from Ethereum.

From Protocol
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