🥊FaceOff: $DOT vs $ATOM!💥Ultimate Layer Zero showdown🔝
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- เผยแพร่เมื่อ 2 ก.ค. 2024
- #cosmos #polkadotcoin #atom
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0:00 Introduction
02:03 Face Off Playlist
02:29 Blockchain Architectures (Layers)
03:09 High Level Comparison
05:01 How Does Cosmos (ATOM) Work?
05:43 How Does Polkadot (DOT) Work?
06:21 IA Math Engine Time
07:20 Nakamoto Coefficient (Decentralisation)
07:48 Technology Capability
08:13 Daily Transactions (DTX)
08:41 Daily Transaction Development
09:09 Daily Active Users (DAU)
09:26 Daily Active Users Development
09:50 Daily Transactions (DTX) / Daily Active User (DAU)
10:13 Average Transaction Fee (Each)
10:44 Daily Transaction Fees (Total)
11:19 Weekly Developer Activity
11:51 Total Developer Contributions
12:22 Circulating Supply
12:59 Ratios: Market Cap / Daily Transactions (DTX)
13:32 Ratios: Market Cap / Daily Active Users (DAU)
13:54 Ratios: Market Cap / Daily Transaction Fees
14:20 Ratios: Market Cap / Developers
14:51 Ratios: Market Cap / Total Value Locked (TVL)
15:06 Total Value Locked (TVL)
15:17 Total Value Locked (TVL) - Ecosystem - ATOM
15:42 Total Value Locked (TVL) - Ecosystem - DOT
15:57 Decentralised Exchange (DEX) Volume
16:43 Stablecoin Market Cap
17:06 Distance from All Time High (ATH) Price
18:01 Cosmos (ATOM) - Price Chart
18:32 Polkadot (DOT) - Price Chart
18:50 ATOM/DOT - Pair Price Chart
19:21 Ratios: Market Cap / ETH Market Cap
19:57 Cosmos (ATOM) Ecosystem
20:25 Polkadot (DOT) Ecosystem
20:45 Social Media Engagement
21:21 SCP Profiler: Category Rank Summary
22:25 Crypto Compendium: Composite Score
23:11 Short on time? investanswers.substack.com
23:25 Conclusion
23:29 Face Off Comparison
24:10 Is the Crypto Market Cap Dominance % Justified?
24:38 Winner - วิทยาศาสตร์และเทคโนโลยี
Not really in my bag these but I just want to say a big thank you for everything you do for all your followers. I’ve followed for a couple of years and really enjoy your energy, spark , honesty and love for the game. It’s all a game,let’s just enjoy playing it👍
You are so welcome!
Hello, I think it's not fair comparison, nakamoto coefficient vs block time or finality time, they don't have the same value
Amazing video!!❤😮
Next Algo and Cardano?
@@RaytechLtd Agreed
If only he put more effort into this video, I wrote this comment: "This is insanely biased. Every time polkadot wins a category you have a caviat like they have been around for longer ( which, if you checked the comments know is false. ) Then there are some insanely stupid metrics like market cap divided by total developers like ???. speaking of developers the amount listed for polkadot are there FULL TIME developers, there are actually wayyyy more developers than the listed amount ( like 4-5 times as much ). Then there are stats like TPS which a quick google search would reveal that DOT has way more in store than Cosmos in the ( near ) future. You also can't assign them a "technology rating" and then not give arguments/ your basis for the scores. It feels like you just googled some stuff and took the first result of everything that you found without actually doing research, sorry pops, normally your videos are great but this is a real stinker." and there are other things that other commenters have pointed out
One correction; Cosmos launched in 2017 & Polkadot launched in 2020. I heard you state a couple times that “Polkadot has been around a lot longer”, so wanted to offer this correction for the record. ✌🏼 Thanks as always James
You can also argue that polkadot only launched in 2022 when parachains started launching since the relay chain itself doesn't do anything besides secure parachains, pass messages between them, and orchestrate governance. OR you could argue Polkadot just launched a few months ago when XCMv3 launched since it is necessary for most of the complex inter-parachain functionality/composability that is Polkadot's main value prop
Fantastic. The face off segments are one of my favourites. Thanks James and team.
Glad you enjoyed it
Agreed. It would be amazing if we can also get a super face off where several of these cryptos can be compared together at the same time.
That would be cool, an ecosystem face-off would be awesome as well. That would be a shed load of work though.
This face-off series has become my favorite segment on your channel! Important, actionable information.
I hope people realize how awesome and informative your vids are James. Thanks for all you do. If you are NOT subscribed, why not?
Thanks, Boss!
Thank you for this.
I have some ATOM in self-custody from this cycle, and I have a small, abandoned bag of DOT left on an exchange from the last bull cycle that would be nontrivial to get back.
This makes me feel better about things.
Was hoping to hear you make some mention at the end of Polkadot’s very recent pivot away from Parachain auctions towards an on-demand “core rental” revenue model [similar to AWS]. Interested to see if it helps drive user adoption with businesses and/or consumers.
Outstanding work good sir! Wow I just found you and I am blown away I have not found you previously. That's my bad.....great content!
Lots of value here. I doubt many people will see this comment but here's some food for thought from someone invested in both: it takes two transactions to claim staking rewards on cosmos (claim, then transfer to exchange) and only one on polkadot (transfer). The amount of transactions may not reflect actual real world adoption, apples to apples, in that sense. I suspect the same with Solana's network- the fees are so low that bots artificially inflate real world usage of the network. Still, the comparatively low transactions on both cosmos and polkadot is cause for concern. Very good value in the video and research. Thanks James.
Thank you James
I had a bag of DOT a while back but swapped out for SOL, not regretting it. Awesome stuff as usual James, keep it up!
Like any great teacher, you're not teaching me WHAT to think, but HOW to think. You're a blessing brother.
Thanks James. Actually fascinating!
But one thing that didn't come up was the utility of tokens, specifically. DOT has a strong use case as it has a prime need to power the ecosystem. Unless something has changed that I am not aware of, ATOM doesn't have utility to this level. I feel this needs to be factored into investability. Would you agree?
You have this all wrong lmao
Yup, i remember him saying as much in the past when reviewing projects with CTO. Don't know whether anything has changed since then.
@ixample ATOM is not needed for all layer 1's, so this has put me off despite the project overall being better. DOT being required to be staked to win a parachain auction SHOULD reduce circulating supply, and a reasonable APY attracts this too. So, with all the development, there SHOULD be better price action economically. Gavin Woods outlines a path for the future for the community to consider, which I found compelling. About making Polkadot the distributed decentralised computer layer of all the parachains or some such.
I get what James says, and I do not dispute his models or his findings. However, in my mind, DOT, as a token, has a greater reason for being.
@@Starman_67 James has trust in Elon, a lot of people for good reason have trust in Gavin. Gavin has been unwavering in his vision. I'm... wait and see. BTC as a crypto ETF.
Thanks so much James !! Hope ATOM and DOT developers learn something from the world best comparison tools James and our community have!!
I hope so too!
I think we all need to tag their communities on Twitter when we retweet!
These face-offs r so in depth. So much kpm! Helps in decision making! My man James! U rock!
u Rock too -
thanks for coming.
Dunno about ATOM token itself but the Cosmos ecosystem will be BIG through this bull run! This includes Injective, Akash, Osmosis, Kujira, and lots more!
Thank you James and team.
Much appreciated James and team!
As always, thanks, James
Great series. Love you man. This should be called Sensei Master Teachings!!!!
massive work in this....fantastic, thank you.
🎉 thanks for the information ❤
great video, thank you for the effort. Big RESPECT to you and your team
Much appreciated!
Oh nice. Can't wait to watch this. Thanks James 🤙🏽👊🏽
Thank you for sharing such valuable data and making it available on a site. 🎉
Thank you very much James!!
Thank you! In other clips with a lot of data i see near. Not on top but overall looks good. Can you take a deep dive into near?
Gavin Wood is from the future
The guys a damn pedo
Of finance
Awesome analysis 👌
Love the break down. Know that this information is much appreciated! How about a face off between FIL and AR?
Would like to see that as well… with an honorable mention to Crust Network perhaps? 🤷🏻♂️
Yay Cosmos Wins!!! 🎉🎉🎉 Great Episode, I am a big interoperability guy, cant wait to see what these ecosystems become as time goes on!!!
Great analysis
Love it, thanks for video!
Thx alot for your efforts !
This is amazing info. I don't really have a dog in this fight. I have a little tiny small amount of both. However I know there are some DOT projects not listed on their ecosystem slide. Not sure if that means the Polkadot PR team is lazy or developing faster than the updates. I agree that there seems to be a renewed intrest in Polkadot ecosystem... however I also read an article where Woods said something like "parachains didn't work like we thought so we're going to tweak the protocol."
Yes, i also noticed the draft date on the Polkadot ecosystem slide read “Updated Dec 19th, 2021”
I would love to see a face off between ICP and Mina protocol
Great info and your team are amazing getting this together
As usual great content
One of the best contents out there!
Huge thanks James and all your team for the hard work you all put in to these videos it is hugely appreciated 👍
Much appreciated
Great Vid!
I appreciate all this info, thank you. I jumped in to crypto and only just learning about it all and swapping out coins based on research. This was a great help!
These are gold James! You the man
Amazing video
Sincere Thank you 🙏
As always great show ♥️
Thanks again!
James your channel is brilliant I am really grateful to you and the team for everything you do! Hedera and quant is a good one, please do it! :)
I love to see a compare between Xrp and hbar!
another fantastic and informative video!!! 🎉❤😊
Nice! Tks!
Excellent james
what a treat .. great stream 🤘🏻
Team cosmos here . Great vid
Thanks for the faceoff, I love Cosmos content. The ecosystem is really noob friendly.
Couldn't agree more!
You compare dot 1.0 vs cosmos. If you look up what the polkadot team is building its no longer parachain, but lease contracts paying for core time. Polkadot is the supercomputer on which dapps and other chains can work on.
❤ ur video’s brother keep it coming
love this kind of info. thank you
You are so welcome!
Algo vs. Ada...thanks!
Mostly right but some things are off.
* Polkadot does't have a max cap (10% inflation which can be mitigated by staking)
* TPS depends on the type of transaction but polkadot can do more than 1000tps.
* BIG ONE: judging tx activity on the polkadot relay chain is a really really bad idea. The goal is to reduce these tx to 0 so that more parachains can be supported. You *have* to look for tx activity on parachains to gauge usage.
Though the biggest difference between them isn't mentioned: polkadot has shared security, each cosmos chain is on its own (in general) and so easier to attack.
Thank-you for this faceoff
This was a great unbiased comparison. Thanks, James!
You should do a show down beteende VeChain and Origin trail. As well as Theta and its closest competitor.
This was actually insanely biased, I wrote this comment: "This is insanely biased. Every time polkadot wins a category you have a caviat like they have been around for longer ( which, if you checked the comments know is false. ) Then there are some insanely stupid metrics like market cap divided by total developers like ???. speaking of developers the amount listed for polkadot are there FULL TIME developers, there are actually wayyyy more developers than the listed amount ( like 4-5 times as much ). Then there are stats like TPS which a quick google search would reveal that DOT has way more in store than Cosmos in the ( near ) future. You also can't assign them a "technology rating" and then not give arguments/ your basis for the scores. It feels like you just googled some stuff and took the first result of everything that you found without actually doing research, sorry pops, normally your videos are great but this is a real stinker."
Perfect video
Glad you enjoyed it
love it thx
I own both and stake both, around 20% on both
NEAR/Avax
Good show, tonight!
Great video!
Thanks!
I love the face-offs and this one in particular ! Thank you Sir for making these awesome videos !
Just an important adjust: In the minute 16:21 you forget to include OSMOSIS DEX, the major DEX on Cosmos,
James, this approach of only comparing cosmos to the polkadot relaychain really makes no sense.
Cosmos isnot really a layer 0 except for the ~2-3 chains that recently adoped interchain security. Cosmos is mostly an L1 and all of the other chains built with the cosmos SDK are separate L1s that do not rely on it for security.
The polkadot relay chain has no applications by design so all of its users and activity are on parachains/dont show up in your numbers.
Also, polkadot parachains have TONS of enterprise adoption - how many users/tvl is sony worth? Toyta? Vodafone/Heathrow airport? Deliotte?
Lastly, mythos is moving f4om its own L1 (which currently has more DAUs and transactions that Ethereum) to a polkadot parachain.
Appreciate the video - just don't think that it is a reasonable comparison
Thankyou, there is so much he got wrong in this vid aswell
❤appreciate! Thank you for the insight 🙏
Cosmos is definitely not a layer 1. It has no applications on it by design like you said for Polkadot. So both their users and activities does not show up anywhere. But you can just compare Cosmos Appchains and Polkadot Subtrates to see how Cosmos has 10x TVL of Polkadot. Even one Cosmos dex say Osmosis or Kujira each has more TVL than the entire Polkadot ecosystem
Thanks a lot for the hard work James
I would just like to say Cosmos has 2 World Championships (TPS and TVL) and 12 state-level championships
while Dot has 6 World Championships
I think Dot wins
Thanks, I've been looking for up-to-date news on Polkadot since its founder, Gavin Wood, was a co-founder of Ethereum and can't be ignored.
Love the analysis. - BUT I disagree with your view that people should bewae projects whose prices have plunged 90+% and flatlined for years.This is often due to the overall market being in depression - Amazon was stuck at about $2 for a decade before breaking out and surging 9000 % (90x) to $180. This can therefore be the OPPOSITE of what you said and be a fantastic buying opportunity
I bought dot when it was about 0.10 cents and sold out in the last cycle 🔁…..not sure if I’d jump back in as not enough return now
Great video Dear James 🤜🤛💪💪🤙
I didn’t get a clear idea about the tokenomics. Has Atom’s tokenomics improved after the 2.0 version (this is something you didn’t mention)?
Sir You are a Genius
No jokes
Only Truth
Great comparison!
Glad you think so!
Crypto tier lists are popular videos in TH-cam however I find most youtubers are not data driven like yourself and don't have an idea what they are talking about. Would love a video of this type from you!
Thanks a lot! Very useful to me. :)
Glad to hear that!
Face Off!! What A Great Movie Comparison !
Great face off here
Lovely lots of love from India
Axelar is the new gem
Why captions off :(
Another fantastically informative video, thanks so much, found you through your conversations with Ivan, great stuff!
edit: 'Risk surface' is a handy concept. Do you have any thoughts about the various interoperability solutions e.g. Wanchain (yes I hold a little bit!).
Welcome aboard!
I hold dot simply for all the developers they have, they just not very consumer facing yet
👍👍👍 great data
Glad you think so!
This is great info to assist in reducing the plethora of coins i have accumulated over time. Too many bits, need to consolidate my investment. Thanks team
Thank you a lot James, ❤ i have a significant DOT position from last cycle and I feel I nerd to diversify the risk, I'm worried about too little adoption and that it will flatline into insignificance. I may split it across lower caps with higher potential, COSMOS sound a safer bet, but maybe also AVAX or NEAR may be good choices? What do you think? Going into eth or sol or matic, may be safer but the ratio is way down...
Looking at things like tron, ethereum classic, and ripple, even if DOT isn't adopted well it won't go away, especially with all the development going on it. XRP has terrible tokenomics, tron is just a gambling currency in asia, and eth classic is a bunch of people who invested in graphics cards and didn't want to lose their investment. Even ethereum is like a horse and buggy, strapped to the back of a layer-2 truck, and everyone looks at it and goes "wow, it's so useful and fast!" It seems with crypto, the network effect has a greater impact on things than anything else.
NFL season is gonna be big for DOT. Stake DOT, and check back
@@morganshook3168 Can you explain what an NFL season is ???
Some good metrics. At the end of the day these two are so different. Really hard to compare. Polkadot relay chain will always lose to Cosmos because they are fundamentally different. The relay chain locks parachain, and secures parachains. Cosmos can communicate with other chains but is independent.
Yeah ATOM is not a layer 0 but Polkadot is moving to a different model and ditching auctions which is great.
Near and axax
Neither in my bag either but interesting how ATOM even with no coin cap was better....wasn't expecting that.
Everyone says, “DYOR”……na, no thanks, I like James’ research. Invaluable!!!
You should this was heavily biased I wrote this comment: This is insanely biased. Every time polkadot wins a category you have a caviat like they have been around for longer ( which, if you checked the comments know is false. ) Then there are some insanely stupid metrics like market cap divided by total developers like ???. speaking of developers the amount listed for polkadot are there FULL TIME developers, there are actually wayyyy more developers than the listed amount ( like 4-5 times as much ). Then there are stats like TPS which a quick google search would reveal that DOT has way more in store than Cosmos in the ( near ) future. You also can't assign them a "technology rating" and then not give arguments/ your basis for the scores. It feels like you just googled some stuff and took the first result of everything that you found without actually doing research, sorry pops, normally your videos are great but this is a real stinker.
I don’t own Near but would love to see how it stacks up
Really loving this series James and appreciate all the hard work you and your team do for us! One thing I would love to see is a category where you compare the whale holdings for each project, I think that would very insightful.
Near Vs Avax James. Thanks.
solid plan
Should be focusing on kusama , it’s where the real value is
Near vs avax would be interesting to see🎉
Can you do Algo vs Near? Or Hbar v Fantom?
Love theseFace Offs James, thanks for the hard work. I hold both of these for a while but in the past yr I have been accumulating ATOM over DOT so glad my internal analysis matches. Also to add - many DOT tokens will start to come out of parachain lockup come October I think - 96 weeks. Many may sell in these tough times.
About Cosmos Nakamoto Coefficient. Cosmos is capped at 180 validators so it will have a lower score. It doesn't factor in the Babylon security enhancement to Cosmos, using Bitcoin blockchain for shared security.