Ethereum cannot scale thats a fact. The ETH 2.0 roll out is protracted and convoluted, not too mention that the technology they are working on is inferior and antiquated in comparison to Cardano. There is an atmosphere of ambiguity as to when the Ethereum development team will release a fully working product. If ETH 2.0 launches too early there will be without a doubt a series of disastrous catastrophic errors and bugs that will severally impact the confidence of users and investors. If they release ETH 2.0 too late they are going be left behind. Cardano has already developed a superior network that's orders of magnitude more technologically advanced than Ethereum 2.0. The ETH development team are working on an insurmountable task. Personally my own experience of using Ethereum has been overall a negative one, where the majority of the time I have to pay exorbitant amounts of money in gas fees only for my transactions to get stuck pending for one hour. If people that are technologically literate hate using Ethereum what will normies think of it when they clog the network trying to trade imaginary cats.
Why ETH is shit
what are they playing?
hopefully they'll roll out eth 2.0 sooner than later.
often people here propose that pow-coins, usually bitcoin, will become so expensive that it effectively prices most people out from transacting, skipping "mainstream" adoption and becoming a store of wealth for the elite. i don't know whether this fantasy will come to pass but i doubt it. gold serves them perfectly well in this regard and i don't think they're in a hurry to change. xrp is probably the winner here, and flare for smart contracts, although i have more research to do on flare.
increasingly, precious metals will be required for manufacturing and supply will shrink. i feel like pow-cryptos are just a substitute to distract millennials from opportunities to build lasting wealth. an undue abuse after almost a century of severe inflation.
Pocket pool
i was hoping they were both terrible go players.
Stopped reading as soon as you mentioned Cardano.
i also assume that flare uses the same smart contract language as eth so people won't have to learn a new api, which is pretty important if people are already used to writing eth contracts.
Fundamentals and scaling do not matter. Price goes up or down. That's all that makes a difference. No one cares if your coin is rolled in dog shit if it makes you rich. That's the basis for speculation.
how do you value a coin without looking at its fundamentals? adoption and momentum, sure, but these can change, especially to resolve a serious problem like the scaling issue. it seems like common sense to me. if i'm not even confident in btc or eth, why would anyone else be? collective confidence is what these coins depend on.