Topic: Cardano will destroy Ethereum! - page 2. (Read 48419 times)

this is old news, but until now Cardano has not shown any signs of resistance,
so according to me, this is just FOMO for cardano,
but that doesn't mean cardano is bad, cardano is very good, and should be considered for long-term investment,
but if the problem is ETH and Cardano I'm still not too sure about that.

The Cardano team needs to have a balance between marketing/promotion of their cryptocurrency and active development. So far, they have kept up to their promise by delivering new features to the platform at a slow and steady rate. But, they've been lacking the marketing of their cryptocurrency in order to attract more people into it. If they had a focus on marketing too, Cardano would've been much more valuable than what it is right now.

Still though, Cardano is a work-in-progress where it doesn't even have a framework for smart contracts. In contrast, Ethereum already has a working product for smart contracts where people can interact with decentralized applications and tokens on the Blockchain. That key feature is missing from Cardano, making it only a speculative cryptocurrency like the rest of the coins on the market.

Which is why, the odds of Cardano destroy or replacing Ethereum within the future are one in a million. Unless the team accelerates the development of Cardano, and implements new and exciting features not found elsewhere, alternatives like EOS and TRON will be far ahead of it for a long time. Right now, the closest competitor towards Ethereum is EOS instead of Cardano. EOS is light-years ahead of Cardano with a highly-scalable platform for smart contracts. But despite these facts, there's still hope that Cardano will rise into an unstoppable cryptocurrency because of its scientific approach to scaling unlike no other cryptocurrency today. Just my opinion

I still hold a decent amount of cardano for 2 years now, the development is good and ongoing. they have a big lack in marketing. hope they are going to focus marketing someday. otherwise i'm not so optimistic that cardano will destroy ethereum in the future

Within the early days of launch, many people believed that Cardano would be able to outpace Ethereum in the future. Yet, it's been a couple of years since inception without delivering a truly working product as originally intended. Cardano unlike Ethereum, is just another speculative cryptocurrency without a functional framework for decentralized applications. Even EOS is better than Cardano, after being launched a year ago. It all comes down to which platform could deliver scalable, and most of all, secure smart contracts for the world to use. So far, Ethereum's biggest competitor is EOS than Cardano itself. But things could change, if Cardano takes a step up to improve its platform in the least time possible.

With a lot of hard work from both the development team and the community, Cardano could become as solid as Ethereum someday. In the meantime, it'll remain behind ETH in terms of market cap and mainstream popularity. It's only useful as a long-term investment, than a utility token like ETH. Despite this, Cardano has a lower price than ETH, making it much more accessible to people in the mainstream world. With a good amount of dApps that are yet to come, it could gain traction in no time.

Nonetheless, Cardano will never destroy Ethereum but it could complement it in many ways. You can buy both cryptocurrencies to stack them up for the future, as smart contracts hold a lot of promise within the mainstream world. If the concept becomes successful, then expect to see a massive upsurge in price for any smart-contract based crypto (like ETH and ADA) within the future. Just my opinion

I was also believed in that but now it's not the situation.ADA and ethereum both are good as a project. They both hold good reputation and a big amount of marketcap. But at this moment ethereum is the most popular platform available. And it's also the most used platform. In other hand cardano already launched its mainnet but there is very less project less marketing. So  it's hard at least at this moment to defeat ethereum. Cardno comes with some great idea but some how implementation in not going well.

Ethereum is the best cryptocurrency today, and the rest of the altcoins are just some kind of an ETH imitation.

Exactly. It's been quite some time since Cardano's launch, yet we get nothing but a speculative cryptocurrency. That's not the case with Ethereum as there is already a working product which delivers as promised. Given its reliability, and long term sustainability, Ethereum has been the number one choice for dApps within many people worldwide. On the other hand, Cardano has been behind Ethereum and other smart contract platforms because of its slow development and innovation.

We could hodl ADA for as long as we want to, but if there's no working product, the project won't last for a long time. I know that Cardano's team wants to make their smart contract platform as safe and secure as possible. But, they need to speed things up a bit if they want to keep up the competition against other fierce rivals.

Until Cardano adopts a VM for smart contracts, Ethereum and other platforms will be in the lead across the crypto market. Even so, it'll be hard to overcome Ethereum because of its first-mover advantage and extreme popularity within the mainstream world. For once, EOS was thought to be "Ethereum's Killer" yet it has failed to do so in every way. The same thing might happen with Cardano and other alternatives as they'll be unable to surpass or destroy Ethereum within any point in time.

Nonetheless, as new smart contract platforms emerge with better tech and features than Cardano, it's very existence will become threatened over time. If it stays behind in the latest happenings within the crypto industry, it might as well be considered obsolete or useless to many people worldwide. Which is why, it's best for Cardano to accelerate its development in order to keep up with other competitors across the market. Just my opinion

Nope I don't believe that cardano destroy ethereum beacuse I believe every coins have an own potential capability and use as alternative crypto currency and do not ethereum compare to any kind of altcoins we knows all about ethereum how it usefull and important coins in the crypto space.

I just couldn't stop laughing when I read this, Cardano destroying Ethereum? Very soon someone would wake up one morning and start saying that BNB would destroy BTC.. wait someone already did it!.

One thing you should know about the cryptocurrency space is that popularity matters and Ethereum has that, how many exchanges can Cardano boast that it's one of the major trading pairs? I will leave you to answer that.

both are good altcoins
but, ethereum still better than cardano in all directions my friend
because ethereum is the real game changer in crypto world,,

Cardano is smaller crypto currency, and their team might implement PoS for Cardano network sooner than Ethereum. I have a vague feeling about that, because Ethereum team delayed their upgrade to PoS for too long, repeatedly delayed it. It seems that they overscare about potential risks and serious technical issues that potentially happen if they do some mistakes with their codes for the upgrade.

Both of them has sctive developments in the market and each one has different level of developments and it is impossible to comparee both of them, today both are actively trading in the market due each one has different level of developments.

I dont think so ,ETH is very strong coin.Cardano has a good potential but actually not enough to destroy ETH of course.  Lets avoid thinking these ideas. However, sometimes people are thinking ETH can replace BTC its not true

Sure, Cardano will not be able to take over Ethereum. Cardano enthusiasts just naively and over-optimistic about its potential. The fact is opposite thing, and Cardano will have to struggle with other altcoins to survive and expand its ecosystem first. Taking over Ethereum is a further target, that should not be focused at the moment.

I do not think that Cardano will beat Ethereum anytime. I am a big supporter and believer in Ethereum. I believe Ethereum will remain the best coin behind bitcoin, the king coin. The article may be biased.

ADA will hard to surpass ETH, but ADA won't drop continously over months. It will have to stop its falls someday, at its bottom range. Every coin will stop their drops/ corrections at their bottoms. I sold my ADA months ago, and still waited to get good price to buy it back. Honestly, I don't care that I have ADA in my portfolio or not, because when I buy it at good entry price, I will try to take profit as fast as possible and don't have plan to hold any coin for months (if I won't stucked with them).

It is unlikely that Cardano will be able to surpass ETH, because these two coins are very different and ETH has a much greater potential

Exactly. Right now, BNB has greater chances of competing against Ethereum than Cardano itself. This is because, BNB already has a working product for the development and execution of smart contracts with its BEP5 standard for tokens. On the other hand, Cardano is simply a cryptocurrency with no smart contract features as developers have been too slow in upgrading their project. If they keep this pace, Cardano may never have the chance of "destroying" Ethereum within the long term. Even so, many alternatives with better tech than ETH (like TRON and EOS), haven't been able to destroy it since they lack mainstream adoption.

What Ethereum has over other smart contract platforms is unparalleled trust among its users. Many people prefer to deal with ETH because of its ease of use and tried-and-tested technology. Being the innovator in the smart contract space, has given it a first-mover advantage within the crypto market. Which is why, there's a high possibility that ETH will remain as the second largest crypto by market cap for a very long time.

Nonetheless, Cardano may very well complement Ethereum instead of destroying it altogether. Where ETH cannot do certain tasks, Cardano will prove to be better. The same thing happens vice versa. The diversity of Blockchains will allow developers to test their solutions in a more efficient manner. Ethereum provides censorship-resistance and decentralization, while Cardano provides unparalleled scalability for quick and cheap execution of dApps. Just my thoughts

I hesitate to say that. because I am more confident with ethereum, ethereum is the second largest altcoin on the crypto market. While I don't see Cardano superior to ethereum.

i agree with you, ethereum is still very strong and it is less likely for cardano to defeat ethereum.

right, right now there is almost no discussion about ADA.
but look at the date of this post, at that time ADA was still very much talked about.