Filecoin and Polkadot have been accused of resembling the EOS of the year, and will both go to no return? (www.blockcast.cc)

When it comes to EOS, this is a project that once grabbed the limelight of Ethereum and was so popular that Bitcoin. And this year’s two popular projects, FileCoin and Polkadot, have been described by many people as “the grapefruit of the year”. At first glance, I don’t know whether this sentence is meant to be “boasted” or “degraded”. The latter is more. In other words, some people think that both Polkadot and FileCoin will eventually go nowhere like grapefruit. Is this really the case?

Polkadot, a better “Grapefruit”

Perhaps the biggest similarity between Polkadot and EOS lies in their track and vision. Both were launched on the main network after Ethereum experienced a period of performance “distress”, and also under the banner of “Ethereum Killer” , Want to compete with Ethereum. With solutions to a large number of problems in Ethereum, EOS has attracted a group of high-performance developers to develop applications on EOS through the consensus mechanism, economic model design, and the name of BM “genius programmers”; and Polkadot It is through the high performance of the “early version of ETH2.0” and the name of the “mother” of the founder Gavin Ethereum also brought a group of followers.

Although there are many similarities between Polkadot and EOS on the surface, the differences are still very big, such as:

1. Governance, the biggest weakness of EOS, the contradictions among project parties, super nodes, and ecological application developers are becoming increasingly apparent, which makes BM also be in discomfort. However, if the predecessors planted trees and future generations took advantage of it, Polkadot may not continue to make trouble on this issue. As soon as Polkadot came up, he directly used the DAO tool to assist governance. Perhaps a fairer and more transparent community can gather strength. It is the foundation of evergreen ecology.

2. Overseas communities. Most members of the EOS community have always come from China. The popularity of communities at home and abroad is seriously unbalanced. This will lose the credibility and diversification of an international public chain, which will greatly reduce the anti-fragility of the project itself. The Polkadot community seems to be in full swing at home and abroad, relatively balanced, which is very important for a blockchain community.

3. The allocation and use of funds. EOS is the project that has attracted the most money. The money received from the sale of EOS goes into BlockOne’s pockets. However, it is rare that the project party provides funding and support for ecological applications, and the project party has not promised the use of the funds (As we all know, most of them are used to buy Bitcoin and national debt), no foundation has been established, development has stalled since the mainnet was launched, and a series of community accusations against the project. Compared with EOS, which started to use the EOS issued on Ethereum to attract gold a year before the mainnet went live, Polkadot did not rush to launch Token. After three years, the project team did not stagnate and Slack to continue to promote development, the web3 foundation’s ecological funding and publicity activities have never stopped.

4. Continue to act. If it depends on whether the project team has acted or not, everyone is very experienced. After the mainnet is launched, you can see if the founders, foundations, and ecological projects have any positive performance. Even if the mainnet is launched, DOT is also sold, but the founder still attaches great importance to the Chinese market and has come in person in recent years China participates in various summits, and the Polkadot community has organized many events in many cities in China. On the other hand, the EOS project side in the past really did nothing.

5. Technological innovation. In addition to the ineffectiveness of EOS, the technological innovation is also far away. The “million TPS” that was blown up that year has not been seen so far. Polkadot, as a cross-chain duo, brings the industry’s eye-catching cross-chain solution. Judging from the current development progress, it will be implemented earlier than Ethereum 2.0 to achieve a truly large-scale performance improvement.

To sum up, compared with Pomelo, Polkadot has stronger community cohesion, more stable community governance, more diversified community governance, and more diversified community governance. The project has continued to promote development, the foundation has strongly funded the ecology, and the founders and the project team have a strong understanding of the market. Pay attention, these aspects are much stronger than grapefruit. Therefore, as an Ethereum competitor, Polkadot is a better “Grapefruit”.

FileCoin, a more complex “Grapefruit”

“Only Chinese are playing. It is very hot and hot in China, and very cold and cold overseas.” This sentence was originally exclusive to EOS, but now it applies to FileCoin. Whether it is before the mainnet or after the mainnet, the lively discussions and meetings of various domestic big Vs and miners have always been quiet overseas. Chinese miners have occupied the testnet and the mainnet. Perhaps if it is not clear that the project party Protocol Labs is overseas, they really think FileCoin is a purely domestic project. The recent news about FileCoin-related mining seems to have seen the shadow of the capital layout of the Wenzhou Gang again. This scene reminds many people of the Wenzhou Gang who crazily rushed in before EOS went online….

When it comes to mining, FileCoin is basically big miners at present, and big miners are more like mining pools, or super nodes of EOS. The difference is that FileCoin governance is more difficult, because the current big and small miners, investors, There seem to be many contradictions between the project parties. The EOS mainnet has been in good condition for more than a year after it was launched. There have been many community members supporting it. It was not until the end of last year that it began to become a “crossing mouse” this year.

But the difference is that the economic model and other problems were exposed as soon as FileCoin was launched. Miners invested a lot of time and money to purchase mining machines, but found that in the end they had to buy expensive coins to pledge to participate in mining, and the mined coins were again It must be released linearly and for a long time, and it will cause screams everywhere. This is why it is said that FileCoin is more complicated than EOS because of its difficult governance and high threshold for mining depth.

What will happen to Filecoin and Polkadot?

Although many people think that the start of FileCoin and Polkadot is very similar to the EOS of the year, but guessing the beginning may not be able to guess the end, because the two projects of FileCoin and Polkadot are also very different from EOS.

Let’s talk about Polkadot first. Although it was said earlier that Polkadot is stronger than EOS, it does not mean that it will have a very good future, because don’t forget that its rival is Ethereum. Most of the Ethereum “killers” in history are gone, and it is not easy to stand on the opposite side of a powerful ecology. But in any case, Polkadot is currently the strongest opponent of Ethereum, not one of them.

If this year’s DeFi boom has given public chains a clear path, then DeFi on Polkadot will be more advantageous than DeFi on public chains such as Ethereum. ETH2.0 will take a long time, and from Ethereum Migrating to Polkadot is very easy. Of course, Polkadot’s parachain slot auctions and cross-chains can bring more flexible gameplay to DeFi itself. We will wait and see what the follow-up development will be.

Let’s talk about FileCoin. There have been a lot of negative comments on it recently. To be honest, FileCoin, as the incentive layer of IPFS, is a big step forward compared to the innovation of EOS. FileCoin and IPFS are mutually reinforcing. Their goals are very ambitious, but at the same time they are also very difficult. Therefore, as the “Ace Pigeon” of the perennial defending champions, it can be seen how much pressure the project party agrees to the laboratory. The FileCoin mainnet faced such a crisis as soon as it was launched, and it is hard to imagine how difficult the follow-up path will be.

For miners, the uncertainty of FileCoin and the rules formulated by the project party are both very controversial. If some miners choose to quit, it may affect the stability and security of the main network in the short term. But in any case, if you are still optimistic about the future of decentralized storage, FileCoin is definitely still the leader of the future, as the protocol laboratory has made a lot of effort and the IPFS ecology has blossomed too much.