I saw a post in Twitter saying that blockchain projects building Ethereum bridges are losers and such act is a submission to the fact that Ethereum is the king of all smart contract platforms and will remain as such.

So let's debunk these inappropriate claims.

There is no doubt that Ethereum is currently the leading smart contract blockchain. Although, it has its own flaws, many projects and developers continue to build dApps and tokens on top of Ethereum.

In the recent months, Ethereum has also made significant changes in preparation for the full launch of Ethereum 2.0. Although it will take another year or two, such changes are more than sufficient to build continued interest and optimism for Ethereum.

Other smart contract platforms are building Ethereum bridges for these very reasons too. While part of it is acknowledging that Ethereum has the most developers, projects and users, bridges are more of strategic moves to get those developers, projects and users to move out of Ethereum, either partly or entirely.

A lot of developers are used and are too comfortable building on top of Ethereum for the last four to five years. These familiarity and comfort as we all know is a strong barrier to break when asking or courting them to build on top of another smart contract platform which works differently and uses a another language. It is human nature that when we are in our comfort zone, it will be hard for others to let us out of it.

Building bridges is basically making it easier for developers to transfer and build their apps on another blockchain without learning from the start, building from the scratch and wasting too much time. Bridges are simply a way to tell developers that they do not need to go to another alien territory and spend too much time to adjust before building their apps.

For users, bridges offer users another way to use their coins and tokens to another blockchain that offers faster speed and cheaper fees and for those who love decentralized finance apps, find those which have the strong potential to grow in price and total value locked at an earliest time possible. In addition to these, higher yields and ease of use are another factors to entice users to move.

Once some developers and users have already used these bridges and have moved their projects and part of their holdings to another blockchain, the use of their native coins simply follow. However, bridges are just the beginning and are not necessarily the guarantee of success that the developers and users who moved will permanently stay. One thing I am certain of is that the future is multi-chain and these bridges accelerate us to reaching that goal.

(This is not a financial or investment advice. Kindly do your own research.)