Vitalik Buterin lets determine preferred crypto apart from ETH

The Ethereum community has ranked Cardano's ADA and Bitcoin as the top two Ethereum alternatives for storing value and conducting transactions.

In ongoing polls , Vitalik Buterin asked his 3.1 million Twitter fan base which of a listed number of tokens would be the best alternative in a hypothetical future without Ethereum.

“Survey for the Ethereum community. You wake up in 2035 and 80% of all transactions and savings in the world are in a currency other than ETH. Which would you prefer?" the tweet said.

The first survey, which includes Bitcoin (BTC), Cardano (ADA), Solana (SOL) and the US Dollar, has received nearly 560,000 responses so far.

Cardano (ADA) is the leader, but the gap is small

At the time of writing, Cardano's native token ADA was leading with 41% of the vote. Pioneer cryptocurrency Bitcoin came in second, being chosen as the preferred alternative by 40% of respondents. 13% of the responses supported Solana, and only 6% of the participants think that the US dollar will remain dominant 13 years from now.

Bitcoin's position is likely due to its dominance and high adoption rate. On the other hand, Cardano's place might be justified by the promising ecosystem.

Santiment recently ranked Cardano as the pinnacle of active developer activity, noting that Cardano led the way with 53 daily posts to its GitHub repository over the past year. Additionally, Cardano ranks only behind Polygon at 200% for monthly developer activity growth in 2021 at 90%, according to a report published by Electric Capital last week.

Also, the release of Hydra layer-2 scaling solution is expected to improve scalability and push the price of ADA much higher.

Buterin pitted Binance Coin against Tron, Neo Coin, and CNY in a second poll that drew around 305,000 people. At the time of writing, BNB was tied with NEO in third place.

They each had 25% of the votes at the time of writing this article. TRON received the highest percentage of votes at 45%, while CNY was the least favored at just 5%.

Dogecoin is a notable absence

Some crypto communities were not pleased that they were not included in the survey. For example, the Dogecoin co-founder responded with a comment in favor of the coin.

" Why of course $DOGE, " he said in a tweet

The post Vitalik Buterin lets determine preferred crypto apart from ETH appeared first on BitcoinMag.de .