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When it comes to Public chains, you will think of Bitcoin, Ethereum, Polygon, Fantom, BNB chain, Avalanche, etc. However, they are not perfect-not suited to international users' habits and experiences. Although almost every public chain announced that they will change the crypto world, and bring tremendous innovations to the industry, they fail at last. As an example, the subject of Ethereum's White Paper is A Next-Generation Smart Contract and Decentralized Application Platform, and Ethereum is changing the Crypto world since it was invented in 2014. It is a long way to reach its vision and mission.
However, no matter if Ethereum has been successful, its idea provides a model for many public chains these years. Over these years, the public chain has competed for generations. To this day, Ethereum is facing many problems, such as criticized centralized consensus mechanism, poor on-chain scalability, slow transaction speed, and high transaction fee...there is still no one public chain that can challenge Ethereum's status, especially in its ecosystem.
According to DefiLlama, the data of Total Value Locked All Chains reach 47.64 $ billion, Ethereum accounts for 59.4% of the total, this data was larger before 2020, even reaching 93%. It shows that more and more public chains join the crypto world and building their ecosystem. Considering the influence of Ethereum, almost all the public chains support Ethereum Ecosystem(EVM), and they are compatible, even if the new public chain has been developing well, is concerns many people. When you read this, you will ask: Will there be an Ethereum Killer in 2023? Which will be an alternative to Ethereum and become the next generation Blockchain?
Aptos
Currently Market Cap：294M
Rank:31
Advantage:
Aptos is a Layer 1 blockchain, that uses Move as its programming language, which is a safe and secure programming language for Web3 that emphasizes scarcity and access control. Because any assets in Move can be represented by or stored within the resource. Based on this characteristic, it is regarded as one of the next most potential generation blockchains.
SUI
Currently Market Cap： TBA
Rank: TBA
Advantage:
SUI is a layer 1 blockchain as well as Aptos， uses Move as its programming language, and the background is the same, both are related to former senior leaders of Meta's advanced blockchain research and development organization. But it is just in the testing network phase, it will be a long time to achieve the goal once the mainnet is launched. Though quite a lot technical developers are working hard to solve different problems in the testing network. Sui is regarded as Aptos's strong competitor.
Both are in the same programming language, both are in the same background, both are regarded as the next generation blockchain. Which will be better? This is a question that people often ask. But I think it's too early to make the final decision.
In a word, there is no doubt that the projects that used Move programming language have a competitive relationship, nor does the other public blockchains that don't use Move programming language, they all need to prove which is much more valuable. Such as Cosmos, Avalanche, Fantom, BNBchain, Arbitrum, Optimism, Polkadot, and Polygon, etc. And do you believe they can become Ethereum killers?
When it comes to Public chains, you will think of Bitcoin, Ethereum, Polygon, Fantom, BNB chain, Avalanche, etc. However, they are not perfect-not suited to international users' habits and experiences. Although almost every public chain announced that they will change the crypto world, and bring tremendous innovations to the industry, they fail at last. As an example, the subject of Ethereum's White Paper is A Next-Generation Smart Contract and Decentralized Application Platform, and Ethereum is changing the Crypto world since it was invented in 2014. It is a long way to reach its vision and mission.
However, no matter if Ethereum has been successful, its idea provides a model for many public chains these years. Over these years, the public chain has competed for generations. To this day, Ethereum is facing many problems, such as criticized centralized consensus mechanism, poor on-chain scalability, slow transaction speed, and high transaction fee...there is still no one public chain that can challenge Ethereum's status, especially in its ecosystem.
According to DefiLlama, the data of Total Value Locked All Chains reach 47.64 $ billion, Ethereum accounts for 59.4% of the total, this data was larger before 2020, even reaching 93%. It shows that more and more public chains join the crypto world and building their ecosystem. Considering the influence of Ethereum, almost all the public chains support Ethereum Ecosystem(EVM), and they are compatible, even if the new public chain has been developing well, is concerns many people. When you read this, you will ask: Will there be an Ethereum Killer in 2023? Which will be an alternative to Ethereum and become the next generation Blockchain?
Aptos
Currently Market Cap：294M
Rank:31
Advantage:
Aptos is a Layer 1 blockchain, that uses Move as its programming language, which is a safe and secure programming language for Web3 that emphasizes scarcity and access control. Because any assets in Move can be represented by or stored within the resource. Based on this characteristic, it is regarded as one of the next most potential generation blockchains.
SUI
Currently Market Cap： TBA
Rank: TBA
Advantage:
SUI is a layer 1 blockchain as well as Aptos， uses Move as its programming language, and the background is the same, both are related to former senior leaders of Meta's advanced blockchain research and development organization. But it is just in the testing network phase, it will be a long time to achieve the goal once the mainnet is launched. Though quite a lot technical developers are working hard to solve different problems in the testing network. Sui is regarded as Aptos's strong competitor.
Both are in the same programming language, both are in the same background, both are regarded as the next generation blockchain. Which will be better? This is a question that people often ask. But I think it's too early to make the final decision.
In a word, there is no doubt that the projects that used Move programming language have a competitive relationship, nor does the other public blockchains that don't use Move programming language, they all need to prove which is much more valuable. Such as Cosmos, Avalanche, Fantom, BNBchain, Arbitrum, Optimism, Polkadot, and Polygon, etc. And do you believe they can become Ethereum killers?
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