Cardano spent years building infrastructure correctly the first time
>90+ academic papers with hundreds of citations >Ouroboros Hydra layer2 - scales smart contracts and transactions >Hydra scales to 1million TPS >Cardano already has 1400+ stake pools >native asset standard - tokens are cheaper and simpler to work with >network fees can be paid in the token being transferred >E-UTXO allows for safer/easier network sharding >decentralized governance >decentralized treasury >Marlowe domain specific language for easily building secure financial contracts >IELE virtual machine - allows developers to create Cardano dapps in any popular language >hardfork combinator - safe/smooth upgrade forks (no accidental chain splits)
imagine two body builders, training to arm wrestle
2015 >Vitalik just starts lifting, >no understanding of muscle groups, proper form or diet >Charles studies deeply >how to lift, what to eat, etc
2020 >Vitalik has *some* muscle mass >but frequently tears muscles, most of his body is underdeveloped >Charles is rapidly catching up >optimal workout routine and pristine diet
Onwards >arm wrestle commences >chad Charles breaks virgin Vitalik's arm into 64 shards
Nobody gives a fuck ADA is a Ghostchain with Superior Tech to Ethereum But as we knowy nobody ever cared about great Tech and only about the first mover Advantage
Blake Martinez
>Ouroboros proof of stake - formally verified and provably secure >inspired much of Polkadot's BABE consensus mechanism
>frictionless/user-friendly staking - no slashing lockup or minimum stake
>Plutus - functional programming language (similar to Haskell / written by some of it's creators) >Cardano team has deep understanding of Ethereum infrastructure, from their work on ETH/ETC node clients (ex: Mantis)
>governance-as-a-service for projects inside/outside Cardano
>digital identity/credential standard (Atala PRISM) >product authentication standard (Atala SCAN) >supply chain provenance standard (Atala TRACE) >meta-data standard
>consistently transparent with their technology and product updates >one of the largest communities in crypto
>formal commercial adoption strategies >focus on developing nations - fastest growing economies, youngest demographics and the strongest need for crypto >MoUs with governments of Ethiopia, Mongolia and Georgia
>collaborated with New Balance to provide authentication >working closely with SingularityNet / Ben Goertzel (the genius behind 'Sophia the Robot') >most crypto influencers speak positively of Cardano
>nobody ever cared about great Tech and only about the first mover Advantage dozens of examples prove the opposite global financial infrastructure needs to be watertight and built with rigor whereas Ethereum is fragile and poorly conceived
Tyler Turner
Well if you know you know
Oliver Fisher
Overpriced useless ETH killer 5983983 ? Haha. YIKES.
Wait for Glitch.
Jace Gomez
It's absolutely fucking true though.
ADA is a great technology -- but it has to be Apple overtaking Windows to fucking make it. Do I think the madman can do it? Yeah, but also I'm not betting the farm on it.
William Nelson
Algorand is the better tech fag
Oliver Hernandez
How many eth killers have been made by a co-founder of Eth?
All hail our billion dollar Burger King. If Eth makes it, Cardano won't. Will Eth make it? I don't fucking know.
Arguably. I don't really think so -- also Algorand has horrible tokenomics made to endlessly dump on investors and should never be invested in by anyone vs. Bitcoin.
ADA dumped hard after the ICO but it goes up vs. Bitcoin since march and Algorand doesn't do shit vs. Bitcoin.
Nathaniel King
Feels pretty good that others are talking about ADA now. Accumulation phase must be over?
Christian Diaz
ETH is being used by millions. Literally millions are making and losing money on DeFi alone. ADA TEZOs and shit like that is useless. Staking for the sake of staking is pointless. ETH Killers just cant get solid devs no matter how much they pay them, because even a half decent dev on solidty can clone something add some flare or 1 or two ideas and make millions. You've got kids on discord answering questions for SUSHI. Thats how far ahead ETH is. ADA lol getting things perfect is for retards. Real people get to action and solve problems along the way.
Charles Green
>Overpriced useless ETH killer 5983983 nah
other ETH killers are only better in one or two ways >Ethereum, but faster/cheaper (NEO, EOS, Tron) >Ethereum + governance (Tezos) >Ethereum + more programming languages (Elrond)
Cardano improves on Ethereum in every measurable way see nothing else comes close
Xavier Powell
>but it has to be Apple overtaking Windows to fucking make it it literally is, but better
there are compelling reasons to use different OS's Windows/Android/Linux >less locked down >generally cheaper >highly customizable
Cardano is all of these combined there are no compelling reasons to use Ethereum long term >questionable security >unoptimized/expensive >poor user/developer experience >WASM all-but cancelled for Ethereum >no governance process Ethereum absorbed all of the mistakes of being the first smart contract platform
Most projects on Ethereum have expressed interest in expanding to other platforms
Jaxon Ortiz
>ETH is being used by millions. Literally millions are making and losing money on DeFi alone. Ethereum is only being used by power-user investors Few everyday people are buying ETH to pay for $30 gas fees and the ones that are likely resent how bad the experience is...
Cardano allows for fees to be paid in the token being sent, so users sending DAI will also pay the fee in DAI, and pay much lower fees, since Cardano's asset standard is highly efficient
I think this bounces back down to 0.13 or perhaps even lower for a while. I'll be accumulating more then.
Ryder Perez
I've got about 1100 ADA staked on cex.io, what can I realistically expect in 2021? Is that enough or should I get more?
Julian Lewis
You know eth is the clear winner when you have salty Charliefags seething on biz about eth1 gas fees. You’d think if this was really a huge issue, everybody would be jumping ship. But that’s not the case. Everybody is jumping on board to pay the gas fees because they know eth has won already.
Owen Miller
Realistically? It to stay stable or have a moderate tick up. It is growing in popularity. Unrealistically? crash and burn or moon.
Logan Sullivan
ETH is probably gonna lose once bridges are built lol. People are hopping into defi I bet you most of them dont care if it's an ERC20 or whatever the fuck they can buy that looks like fiat.
Juan White
What exchange is best to buy cardano? I live in the US
Dominic Ross
and yet no one cares
Jordan Bell
>if this was really a huge issue, everybody would be jumping ship. >Everybody is jumping on board to pay the gas fees because they know eth has won already. retard didn't even read what I said
Ethereum only has usage for these two reasons: >A) huge profit to be made speculating on shitcoins/yield farming >B) Cardano contracts won't launch till early 2021
of course speculators and whales don't mind the fees everyday users WON'T be willing to pay $30 for everyday usage
>ETH is probably gonna lose once bridges are built lol this ^ Ethereum's only hope is locking people into their shitty, unoptimized ecosystem
Brody Watson
Most likely Kraken or Binance
Dominic Evans
DCA is your best bet user, I've been buying from 8c, down to 2c, up to 15c ADA could hit $20 long term
Leo Flores
>network fees can be paid in the token being transferred
ADA not needed Blockstream compromised ADA its over
>COINBASE, I AM THE ETH KILLER. Hoskinson 2 days ago.
ADA fags are a special kinda dumb.
William Bell
>ADA not needed value of ADA comes from total fee revenue, regardless of currency >I just want to pay my bills why do I have to have ETH forcing people to pay fees in X just makes the experience worse, reducing usage and platform revenue overall
Cardano governance decides what tokens can be used to pay fees in, so only the most desirable and liquid assets will qualify >stablecoins >BTC >gold >etc