Yeah or neah
Is cardano more valid in 2020?
James Ross
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Zachary Myers
It's less viable the longer they take. For instance, when they started talking about PoS there were very few PoS blockchains in production. Now there are several and they have smart contracts too, which Cardano doesn't. They also have sharding which Cardano doesn't. They also support Solidity+EVM which Cardano doesn't. Cardano is a goood story but until they deliver something useful it's still just overpriced vaporware and the token us useless, except for staking on a network that can't do anything.
Jonathan Jones
I have a big stack of LINK that I used for yield farming. There is 0 chance any of my collateral finds its way over to ADA. Eth already has network effects kicking in and it's going to be an uphill battle to claw collateral away from and every growing network of integrated dapps.
Grayson Jones
Easy HODL mid to long term, there's no way Cardano isn't reaching at least it's all time high ($1.34) by the end of 2020
Nathan Bell
checked
but doubts.jpg
cardano will thrive as soon as ethereum delays further, is hacked, is bugged or anything else turns to shit.
Jace Flores
it still can't do what ethereum does. Cardano has zero exposure to defi. If eth goes down it will instantly be replaced by a more advanced eth 2.0 protocol network that is already running.. not some pipe dream science fair experiment with no smart contracts like Cardano.
Luke Allen
hmmm
speculative tech
no adoption
no usage
no hope of either of these in the near future
a repulsive man in charge
hmmmmm tough decision
Jacob Garcia
they just did though, they just delivered staking and have now 600+ pools.
I understand that they still have to prove themselves but since they dealt with the causes of multiple delays they have been delivering every milestone they promised.
Wyatt Taylor
They have been late delivering staking like 3 times. More importantly, what the fuck is staking good for except more ponzi token antics. For all of the talk and papers etc.. Cardano has not produced a useful network yet. If it goes according to plan it should be epic, but right now it is in no way positioned to pick up the slack from Ethereum. If it takes a year to get smart contracts on mainnet, will that be too late?
Owen Fisher
Charles confirmed an ERC-20 token converter.....it's pretty much game over for ETH at this point.
Charles Gomez
Becuase most of them are copies of Ethereum. Cardano is built completely from scratch, following a slow and tedious scientific process. The choice of Haskell was also a reason it's slow. It's more time consuming to code in, but the chance of getting it right the first time is higher, so less chance of bugs. Bugfixing takes time.
It still remains to be seen if this approach was worth it.
Wyatt Nelson
staking of what and for what
Ethan Watson
Once you can wrap other tokens in cardano, there will be more use case. So buy in while there’s no use case and profit when there inevitably is.
Sebastian Roberts
The "it takes forever because it's science" meme is tired and irrelevant. What you are saying is pure hopium because actual vetting will occur when these things are tested in the wild if they are ever delivered. If they don't get smart contracts out the door immediately they are going to miss the entire next wave. I'm not trying to convince anyone.. just saying investing in this even for speculation seems misguided since it isn't going to be useful for quite a while. Maybe they will fabricate announcements to keep the moonbois interested but there are real products out there for them to play with now. I see ADA bleeding out until REAL smart contract functionality is released on mainnet.
On actual networks as opposed to eth defi scams you stake the native token for more native tokens.
Charles Adams
The problem with Ethereum 2.0 in 2020/early 2021 is that Phase 0 doesn’t address scaling at all. So gas prices will be as bad after Phase 0, if not worse due to more traffic. A lot of defi is getting hammered with gas prices. You can’t transact with all these ERC20 tokens without incurring huge gas fees and dropped transactions. I think the faults of Ethereum will continue to be clear to all until at least sometime in 2021 whenever they are able to drop Phase 1 and if it actually works. So lots of time for Cardano to carve out some market share.
Grayson Perry
delusion. nobody is going to move popular assets from a thriving ecosystem to an empty network. If all you are banking on is Cardano being the new shitcoin platform thats pretty sad.
Isaiah Price
You know Ethereum 2.0 was supposed to be a 2018 release. Please don’t imply that Cardano is the only project not meeting deadlines while trying to solve incredibly difficult new problems. There’s no repository these guys can just go copy. They are solving problems that haven’t been solved before or not at the scale that they need to be.
Isaiah Davis
It can't start carving until it can do something. Cardano cannot even support a simple token right now.
Cooper Cooper
Additionally, smart contracts are done. They will be going on test net soon and will be on mainnet before the end of year.
Lincoln Fisher
>The "it takes forever because it's science" meme is tired and irrelevant.
And your view on doesn't change the fact that doing it that way takes more time.
Isaac Mitchell
Why can't you guys talk about anything except ethereum's faults? Why not hold off on the shit talking until Cardano can do... anything at all?
Zachary Reed
NiPoPoWs
They can move them there temporarily, for smart contract functionality, then move them back in 1:1 ratio, ADA holders get transaction fees in that wrapped token.
Brandon Gray
it will have smart contracts end of this year. i dont know if all the DEFI apps can easily move but security issues and gas prices are real.
Easton Thompson
That's just talk man. They are always late.. so when I say.. No smart contracts on mainnet for at least a year... I'm being conservative. The truth is all anyone here cares about is if their number go up... It's all shilling by non-tech moonbois anyway.
Blake Jackson
As I’ve said, Goguenard is going to test net soon and will be on mainnet before the end of year. Goguen is smart contracts and native assets. They have 200 million ADA in a fund for defi dApp development to jump start development. I’m not saying Cardano’s success is guaranteed. It’s not. They have a lot of ground to make up for sure. I accept the fact that they may fail at gaining developer adoption. But I do think the Ethereum’s problems right now and their slow road map to addressing the issues gives Cardano a decent window of opportunity. They still need to nail that opportunity as well. But I think they have positioned themselves well and the outlook is pretty good through the end of the year. I won’t even entertain a bearish outlook of Cardano until well into 2021 unless something absolutely major happens, either in Cardano, Ethereum, or otherwise.
Chase Fisher
Yeah and coinbase pump coming soon.
It's an easy hodl. I'mma just stake until 2023 then cash out and live on an island surfing
Chase Green
>It's all shilling by non-tech moonbois anyway.
You expect something else here?
Bentley Powell
For those who want an overview to what sets Cardano apart:
youtu.be
This is on top of potentially absorbing ERC20-tokens, so good momentum now with Ethereum 2.0 being delayed.
Anthony Watson
ya.. I guess they can't be blamed for getting conned. The academic larping is pretty effective.
Brandon Gonzalez
Rather that than unicorn T-shirts and "dude, trust me".
Isaac Cooper
>On actual networks as opposed to eth defi scams you stake the native token for more native tokens.
what networks?
where does this value come from?
is it actually just inflating the currency and changing who the bags need to be dumped on?
Jason Cox
For now loopring can solve this problem. But needs adoption.
Brandon Anderson
xrp solves this way better than cardano
Camden Bennett
I hold ETH as well. It’s not my intention to fud Ethereum, but to just talk about these projects candidly. I don’t think anyone can talk about Ethereum as having no issues with a straight face. It’s exactly these issues that give Cardano the window of opportunity. Nowhere do I say that Ethereum’s issues means it’s dead and Cardano has won. That’s silly. But when trying to look at Cardano’s potential path to success, it’s important to discuss competitors and the realistic lay of the land.