Topic: Cardano Vs Ethereum Comparison (Read 176 times)

Ethereum didn't stop.
In fact, it's going to shift into PoS from PoW and that's why there's a development and still a good to consider as a top cryptocurrency after bitcoin.

Cardano needs more time to increase, and I don't think that right now, we can compare Cardano and Ethereum because both projects work differently. But if both Cardano and Ethereum can give me more profit, then that will be great for me because that means I can make money from both. I am not too think much of what the OP said because right now, I want to prepare the future by making as much profit as I can

I liked the article that I read so shared. There is no point in not mentioning the article that gave me the data so, mentioned the link.

If i have much money I will buy and invest in both. No comparison for long investment for me. Both are good even ETH still leading but ADA not bad at all.

It looks like this is an old post, and are you trying to copy it to find merit in this forum? BTW I don't have too many opinions on ADA and ETH. It is clear that ETH is much better and deserves more investment than the ADA. I have been following the ADA for the past few years but to be honest, it has disappointed me a lot

If Cardano is a third generation blockchain, then it has the potential in the market, investors are looking on what a project can bring to the industry, but they have to prove themselves all we are seeing are potential, I still like Ethereum smart contract process people have fully understand how it works and there are so many doors opened because of this technology.

In the fact ETH is prefer to be choosen as an investment place or to build new altcoin. There are a lot of new altcoin that use blockchain ethereum as its system that I think it will be a plus value for ethereum. In the side price, as you can see ethereum has been increasing in a few day ago but ADA just increase last day. So there is no doubt anymore to choose ETH as investment place if you make an analyst through fundamental analyst or technical analyst.

Obviously, ETH is still the top altcoin isn't it? As far as justifying investment on it, well the bear market has put a tool on projects so ETH was affected as it is the crypto investments on ICO/IEO. Cardano is good but it didn't enjoy the support of many projects and now that we have Binance mainnet as main competitor, I highly doubt that Cardano can compete with ETH and BNB. And also we have Vitalik on ETH, which I would say the most recognisable name in crypto right now, so that is a plus factor why ETH still remain as the top altcoin up to now.

Ethereum was created in 2015 by a young developer, Vitalik Buterin. It became the first-ever blockchain project to allow people to create smart contracts. As a result, unlike Bitcoin, Ethereum can do much more than just process financial transactions.

In its most basic form, a smart contract allows people from anywhere in the world to agree without needing a trusted third party. Instead, pre-defined conditions are entered into a coded smart contract and when these conditions are met, the smart contract automatically releases the funds.

Cardano is a blockchain project that specializes in smart contract technology. It was first created in 2015 by an organization called Input Output Hong Kong (IOHK), which is led by a well-known cryptocurrency expert called Charles Hoskinson. While Ethereum is called a second-generation blockchain, Cardano claims to be a third-generation blockchain.

cardno and ethereum differences are clearly seen from the platform they develop, supply and price of coins at the exchange place. ethereum can have very high prices because they do have technology that is currently widely used by other platforms while cardano does not have it because a platform can be strong when the results or products can be used by many people.

But Cardano failed on this one since no growth at all same with ETH but since there’s a good hype with ETH, we can see that it is still on the top position. The price right now of ETH is around $190 and that is ahead on many altcoins while Cardano is also doing a good pump but not enough volume to beat ETH. I’m trading with these two coins and I believe it will be hard for Cardano to beat ETH if there’s no good development at all.

There was no a lot of differences between the smartcontract that created by ethereum and other projects. ADA has no demand to be used for dapps even if that was having good scalability because this is not the key.
there was no special thing in ADA and it's just like a common smartcontract platform that doesn't know about how to make it being used by a lot of people.

There are number of smart contract projects now and a good few still looking to enter the market this year and after looking at them, there is no Altcoin that come close to Ethereum, just look at their market cap and the numbers of Dapps on both. Cardano to me has been making many noise for some time but has yet to deliver something substantial to think this can give Ethereum good fight. 

I have long been wanting to invest in Cardano I'm just not sure whether it's worth it because there's just no growth to it since 2018. Last year they announced their mainnet but it didn't help the price to fluctuate up.  I want to ask whether Cardano's Ouroboros algorithm related to “slot leaders” can be considered centralize like the block producers of EOS?

I don’t understand why ETH is still considered a top cryptocurrency. this project has long stopped to justify investment in it. It seems to me that Cardano should have taken a leading position in this market for a long time.

I like both these projects but if i had to pick one i would still have picked Ethereum because it is already one of the most adopted and used blockchain network while Cardano has still to prove itself.
Also i want to point out that the prices you have mentioned in your thread are not correct, may be they old so do quote correct price for today as you have posted today.

Man, if you had some flashy eye-catching iconographic comparing these two, I'd send some merit your way.
But as it stands, it's a link to an external blog, so no merit.

Ethereum (ETH) and Cardano (ADA), both have been superior in terms of their performance in the crypto space. Although Ethereum is the second-largest cryptocurrency in the world, Cardano has proved itself to be one of the potential digital currencies, too. Both are very popular as decentralized applications (dApp) platforms. Both of them have a very active community of supporters and developers. Ethereum was founded by Vitalik Buterin, who is very active on social media and updates the enthusiasts on a daily basis. Cardano was founded by Charles Hoskinson, who happens to play a big role in the community enhancement of Cardano.

Let us check the major differences between Cardano and Ethereum

1 Consensus Mechanism
Ethereum uses the Proof of Work (PoW) Consensus algorithm and is on the transition process to Proof of Stake (PoS), which will be happening very soon. Ethereum’s new PoS algorithm, Casper, is an attempt to get rid of the scalability issue that Ethereum has been facing before. Cardano, on the other hand, uses the Proof of Stake consensus mechanism but uses the Ouroboros algorithm, which works on the basis of “slot leaders” creating and verifying blocks.

2 Programming Languages
The primary programming language for Ethereum is Solidity, which is created to build smart contracts that run on teh Ethereum Virtual Machine (EVM). Cardano uses Haskel and Plutus as its programming language, wherein Haskel has been there since 1990, and its recent stable release happened in 2010. Plutus is a programming language created by the Cardano development team.

3 Price
Ethereum is trading at $113.63, with a market capitalization of around $12 billion and a circulating supply of 110,147,457 ETH. Cardano is trading at $0.025078, with a market capitalization of around $650 million and a circulating supply of around 25 billion USD.

Source: https://coinswitch.co/news/cardano-vs-ethereum-top-3-differences-you-need-to-know