Friends in the Polkadot community are very happy recently. Dot has risen quickly, and its liquid market value has ranked fourth, second only to BTC, ETH and USDT.
Latecomers will always face disputes and doubts. Many friends are not cold to Polkadot, and can even be said to be annoying. They feel that Polkadot is just imitating Ethereum and has no real value. It depends on pull and hype to maintain prosperity. They think that Polkadot is the next EoS, and after the feast, it's all over.
For a while I also believed this statement. It is not easy to analyze Polkadot's prospects seriously, but "it is the next EoS". Once you accept this answer, Polkadot's future will be clear at a glance. It's really good. You don't need to worry about solving complex problems.
This is obviously lazy. Polkadot does have many similarities with EoS, but there are also many differences. So it must not be arbitrarily said that Polkadot is the next EoS.
In the early stage of the blockchain industry, all unfinished and seemingly reasonable laws are actually based on a small sample. Don't blindly follow these so-called laws.
I saw a special quote from the blue-collar treasure circle of friends:
#Some strange historical reincarnation#
There are several notable misses in the Chinese crypto community:
(1) I missed eth because of bitshares, thinking that the latter was another foreign project that came to Asia to cheat money
(2) I missed dot because of eos, because I think both are Chinese taking over
Take me as an example, I missed synthetix because of bts, because I think snx is just a new bottle of old wine left over from playing bts that year (whether it is a stable coin system or a synthetic asset system)
Missing is probabilistic, but there are some wrong beliefs, such as simplification of classification, A is the next B, and should be avoided.
With regard to the competition in the public chain, I hold the attitude of watching while walking, and I have no ability and do not want to make a conclusion. It now appears that the liquid market value of Dot has reached 10% of Ethereum, and the last to do this was EoS at its peak.
For the public chain, this is a meaningful milestone. It means that on the comprehensive indicator of market value, you and Ethereum are of the same magnitude.
A certain market value is a necessary and insufficient condition for the public chain. It can't directly increase the activity of users and developers, but without this volume, a public chain will get twice the result with half the effort.