Top ETH Killers: What Are They & Where Are They Now?
Intermediate
Altcoins
Apr 10, 2023
10 min read
Blockchain technology has been disrupting the financial world for many years, and its applications extend to accounting, auditing, peer-to-peer transactions, gaming, supply chain management, real estate and more. These and other uses are supported through the secure and private transactions that blockchains process, but these blockchains vary in bold ways. One of the more notable and established blockchains is Ethereum, but Ethereum’s reign is being challenged by others touted as “Ethereum killers.”
Key Takeaways:
- Ethereum is among the leading blockchains in use today. While it has slow transaction processing times and high gas fees, the blockchain will be undergoing a series of upgrades in the near future to improve on these issues.
- An Ethereum killer is a blockchain that addresses the known challenges of Ethereum and attempts to eventually replace it in the crypto market.
- Bybit offers various trading products for ETH and the top ETH killers. Find out more about how you can trade them in this article.
What Is Ethereum?
Ethereum is among the leading blockchains in use today, often taking a backseat only to Bitcoin. It uses open-source software and is a decentralized blockchain functioning with smart contracts.