Examine how Polkadot’s ecosystem and Substrate platform can be compared to Ethereum’s upcoming upgrade as the race toward Web3 gathers momentum.
For most casual digital asset investors, the Ethereum 2.0 upgrade promises to be a game-changing event that will improve efficiency, reduce network costs and propel the entire blockchain and crypto space closer to a Web3 reality.Ethereum has been struggling with a lack of scalability and skyrocketing gas fees, and since it serves as the largest smart contract and DApp development platform, the move to a more reliable and scalable proof-of-stake (PoS) blockchain will be a welcome reprieve.Unbeknownst to most casual investors, however, Polkadot’s Substrate platform has been making massive inroads in the development of a parallel decentralized internet infrastructure that many believe will eventually eclipse Ethereum’s.Related: The Polkadot architecture and introduction to the Substr
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