By dalz on Skatehive
The competition for smart contract chains has already been established! This is obviously an attractive sector as it positions itself as a sort of banking 2.0. Ethereum the OG is leading here, but there are now more and more competitors with few big ones and countless small ones. There are attempts to bring smart contracts to Bitcoin as well via some sort of L2s. The noise is extreme in the sector! This shows that the smart contract market obviously has a high value, and big players are competing for it. In the last bull run in 2021 there was an explosion in the smart contracts platforms. More and more kept coming online and a lot of them did well. A lot of them are EVM (Ethereum Virtual Machine) compatible and users can switch between them using the same wallet as Metamask. Some are unique and have their own wallets like Solana, Cardano, Aptos, Sui, etc. When we thought we have enough, there is now x10 more 😊. Let’s see how things are standing during the current market conditions. We