Ethereum Vs Cardano | Bitcointalksearch.org

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Quote from: shinratensei_ on January 27, 2023, 05:30:52 PM

I think POS wasn't the reason ETH become popular instead it's an attempt to mitigate it from scaling issues and also for eth in going greener, meanwhile even when eth was still POW it was so popular that even the fee increase so high. the POS was part of the solution in effort to decrease the scaling issue in which has motivated many coins to become 2nd layer solution.
and so far it seems this works, not solving the problems entirely, there's something still need solution.

POS It's not the main reason for ETH's popularity, POS is only a trigger for ETH to be in demand again because the migration made from POW to POS makes fees cheaper and transactions are confirmed faster. ETH always had fee issues at first when the spike in transactions was happening, but now that's not the case anymore. Become a solution and create layers for ETH and several other networks that follow in ETH's footsteps. But there are still many problems that ETH has to solve, it is still in the development process.

lobo13hf

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it just doesn't matter how much ethereum killer are made they'd never gain success.
the ethereum killer in the past we know like EOS and etc are just temporarily gaining fame and then fades, meanwhile ethereum still standing strong, eventually I guess the newer ethereum killer will also have the same fate.
these so called ethereum killer should just learn in becoming good blockchain instead, then fame will also comes along the way.

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Quote from: Why you bully me on January 16, 2023, 12:22:30 PM

Do you think cardano will over take ethereum in terms of tech with voltaire being worked on this year. Along with erc20 converter for easy conversion to cardano via ethereum. Cheesy

ADA serve its own purpose while ETH are doing the same thing, they are both focus on their chosen field and they are not too focused about the competition. I know many are expecting that ADA will be and ETH killer the moment in launched before because of the hype, but look at ETH now it is still doing great and no altcoins yet are ready to replace ETH. ADA should work for more good updates that can actually attract new investors by this, maybe there’s a chance but of course don’t expect that much.

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Quote from: Why you bully me on January 16, 2023, 12:22:30 PM

Do you think cardano will over take ethereum in terms of tech with voltaire being worked on this year. Along with erc20 converter for easy conversion to cardano via ethereum. Cheesy

Why do you look at it as a competition? The future of decentralized apps will be multi chain according to Ethereum's main website, that means they don't look at other smart contract platforms as competitors, maybe because one blockchain can't provide all of the three features that must be in a blockchain, which are security, scalability, and decentralization. All available blockchains provide only two of the three mentioned features. Therefore, we should look at its roles as complementary roles.

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Quote from: Joshapat on January 28, 2023, 09:16:13 AM

Ethereum is certainly a network that has the most populous network, it can be said that more than 35% of the project uses the ERC20 network, and now ETH costs are also getting cheaper for swaps and transactions, and speeds are certainly better than Cardano, and in my opinion Cardano needs a more complex test To be able to say equivalent or better than Ethereum.

That is also because Cardano hasn't been completed. So far it's on Voltaire stage but we can already see there are tons of projects on it compare to that popular platforms today such as SOL, DOT or AVAX.

The CMC rank can say a lot about the project but most of the tokens created on top of ADA are not listed anywhere. The most known to exchanges are the ERC20 tokens. This evaluation probably has to be updated when ADA had fully transitioned to its fullest.

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Ethereum is certainly a network that has the most populous network, it can be said that more than 35% of the project uses the ERC20 network, and now ETH costs are also getting cheaper for swaps and transactions, and speeds are certainly better than Cardano, and in my opinion Cardano needs a more complex test To be able to say equivalent or better than Ethereum.

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Quote from: Yaunfitda on January 26, 2023, 08:00:23 AM

Quote from: mdzahed134 on January 25, 2023, 10:33:01 AM

Quote from: Vickysagar on January 17, 2023, 03:15:34 AM

Well, if Vitalik will reduce the fees as he promised, then Cardano has no chance.

This is only one reason i don’t like to use Etherum in the bull season, i think it’s a big problem for all the users who guys making transaction in eth network, even in the last bull market i spend 200$ gas fees in a single transaction you believe it or not. So here fee is crazy but i don’t think cardano will overtake eth because eth is number two coin.

Yeah and that's why they move to PoS already to solved that high fees, (similar to bitcoin network in 2017 bull run wherein the network is clogged). I think I can understand you reason because I have the same experience as well. But it seems that the market has settled down already.

As for Cardano, I think it shouldn't be look at a competitor of Ethereum in any way.

But a good project that we can invest as well in this bear market because it's cheap and in my personal opinion, should be one of those coins that will enjoy a good success in the next bull run.

A good project to look upon as there are still great opportunities to buy this coin while the value still down I mean away from the last time high, being a wise investor, if you can buy and hold then set your target, bullrun will comeback and the market will again bring decent benefits for every investor who pick the right project to invest in.

Either ETH or ADA as long as you understand how you'll be compensated, then it's up to your own judgement to invest.

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Quote from: DeathAngel on January 16, 2023, 03:32:26 PM

Cardano is a lot cheaper than ETH so we may see newbies decide that Cardano is a better option for them than ETH. I think both will do really well in the next bull run but if I had to pick one to invest in right now I would pick Cardano.

I think ETH could do a 10 to 15 x increase in price in the next big bull market but Cardano has a higher ceiling, maybe it could easily do 100 x increase.

well, if we look at it from a price point of view, then Cardano has a pretty good advantage to take advantage of, because the price is cheap, and it's very suitable for all types of investors. Moreover, the potential is also quite good in the future. however, comparing it to Ethereum as a whole, I would probably prefer Ethereum. it's because of the prospects that Ethereum already has, as well as its current developments. I feel that the benefits of Ethereum are much wider than Cardano.

after all, both are good coins. choosing one of them won't be a big problem, it's just a matter of how we choose a profit strategy in the future. I'm probably more inclined to use Ethereum than Cardano. it's because my goal is to own more Ethereum and hold it for a long time.

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Quote from: lobo13hf on January 27, 2023, 06:24:08 PM

if you one long term investment just pick ethereum it's no brainer. there has been history of smart contract alts changing its position quite frequently like eos and the likes in the former days, this could be well happened towards ada therefore if you want to be safe for long term holding then just pick ethereum. but if you're hoping of creating massive returns then I guess ada could be alternative even though there are many similar coins out there honestly.

Until now ehereum is still the second best after bitcoin and this indicates the confidence of investors that Ethereum is indeed very worthy of being an attractive investment. so if we are forced to compare with ADA, it is clearly difficult and cannot be compared to that, because at a time like this what is needed is trust in a coin which can indeed provide a result that can be profitable. you are right mate what is needed is a sense of security and can be trusted for the long term to be able to produce and that is clearly in ethereum and not that ADA is not good but choices must be made.

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Quote from: o48o on January 27, 2023, 06:41:56 PM

Quote from: samcrypto on January 27, 2023, 05:33:11 PM

Cardano is a good technology as well but I think ETH will remain the first option of many and will stay as the top altcoins. This two has been competing since the launch of Cardano but ADA can’t handle the competition that much since it needs to surpass other altcoins first before reaching the level of ETH. Good updates can be a big help, I guess ADA should not aim to replace ETH anymore better to focus on its own technology and allows it to stays in the competition.

People are saying Cardano has a good technology, some even say that they are more scalable then eth but where they are basing that statement? Are everyone suddenly tech savvy in that level they can review the code? I am mostly listening to the both sides in this argument and while i am not understanding everything, i feel it's pretty obvious that Charles is overshilling and over simplyfying the problems and his statements on the subject aren't meant for other coders but for shilling ADA to investors. Which is a red flag and pretty much definiton of a populist.

Do you believe that Vitalik is not overshilling and not oversimplifying problems?

It's true that Vitalik is the most successful in shilling his coin to investors. Obviously, Charles is not as good.

If "populist" is a person, who misleads ordinary people and exploits common misunderstanding and confusion, then Vitalik is a devil in the hell of populism. You have to be a really exceptional person to avoid being a victim of his plausible reasoning.

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Quote from: samcrypto on January 27, 2023, 05:33:11 PM

Cardano is a good technology as well but I think ETH will remain the first option of many and will stay as the top altcoins. This two has been competing since the launch of Cardano but ADA can’t handle the competition that much since it needs to surpass other altcoins first before reaching the level of ETH. Good updates can be a big help, I guess ADA should not aim to replace ETH anymore better to focus on its own technology and allows it to stays in the competition.

People are saying Cardano has a good technology, some even say that they are more scalable then eth but where they are basing that statement? Are everyone suddenly tech savvy in that level they can review the code? I am mostly listening to the both sides in this argument and while i am not understanding everything, i feel it's pretty obvious that Charles is overshilling and over simplyfying the problems and his statements on the subject aren't meant for other coders but for shilling ADA to investors. Which is a red flag and pretty much definiton of a populist.

lobo13hf

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if you one long term investment just pick ethereum it's no brainer. there has been history of smart contract alts changing its position quite frequently like eos and the likes in the former days, this could be well happened towards ada therefore if you want to be safe for long term holding then just pick ethereum. but if you're hoping of creating massive returns then I guess ada could be alternative even though there are many similar coins out there honestly.

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Quote from: Why you bully me on January 16, 2023, 12:22:30 PM

Do you think cardano will over take ethereum in terms of tech with voltaire being worked on this year. Along with erc20 converter for easy conversion to cardano via ethereum. Cheesy

Cardano is a good technology as well but I think ETH will remain the first option of many and will stay as the top altcoins. This two has been competing since the launch of Cardano but ADA can’t handle the competition that much since it needs to surpass other altcoins first before reaching the level of ETH. Good updates can be a big help, I guess ADA should not aim to replace ETH anymore better to focus on its own technology and allows it to stays in the competition.

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Quote from: AakZaki on January 27, 2023, 04:56:46 PM

ETH became popular when it moved to POS and the fees were quite cheap compared to before POS was implemented. If you have to compare with ADA, very far from ETH. Because ADA currently doesn't have many fans and ETH remains number 2 after Bitcoin. There are also more and more ETH ecosystems and ETH Layer2 and Layer3 continue to emerge which makes fees cheaper and more choices.

I think POS wasn't the reason ETH become popular instead it's an attempt to mitigate it from scaling issues and also for eth in going greener, meanwhile even when eth was still POW it was so popular that even the fee increase so high. the POS was part of the solution in effort to decrease the scaling issue in which has motivated many coins to become 2nd layer solution.
and so far it seems this works, not solving the problems entirely, there's something still need solution.

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Quote from: Why you bully me on January 16, 2023, 12:22:30 PM

Do you think cardano will over take ethereum in terms of tech with voltaire being worked on this year. Along with erc20 converter for easy conversion to cardano via ethereum. Cheesy

Why are there still questions like this? Obviously, Ethereum has more than Cardano. Ethereum will always be ahead of ADA. So, it looks like it will be difficult for Cardano to take over the Ethereum position or take over in all respects. They themselves are currently in the 8th position and it is very difficult to catch up with Ethereum. Not only that, can Cardano gain more trust than Ethereum? In my opinion, no, even very difficult.

But, I also cannot deny that ADA is actually also a good altcoin that we can use for trading or even investing activities. However, if our expectation is to take over Ethereum or even to do what Ethereum has done so far, this will be a very difficult situation and we may not reach it.

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ETH became popular when it moved to POS and the fees were quite cheap compared to before POS was implemented. If you have to compare with ADA, very far from ETH. Because ADA currently doesn't have many fans and ETH remains number 2 after Bitcoin. There are also more and more ETH ecosystems and ETH Layer2 and Layer3 continue to emerge which makes fees cheaper and more choices.

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Quote from: mdzahed134 on January 25, 2023, 10:33:01 AM

Quote from: Vickysagar on January 17, 2023, 03:15:34 AM

Well, if Vitalik will reduce the fees as he promised, then Cardano has no chance.

This is only one reason i don’t like to use Etherum in the bull season, i think it’s a big problem for all the users who guys making transaction in eth network, even in the last bull market i spend 200$ gas fees in a single transaction you believe it or not. So here fee is crazy but i don’t think cardano will overtake eth because eth is number two coin.

I think it would happen this time around. I know that last time we had the bull season the gas fee on ETH was huge and that is why there was a bit of a problem, but this time around we have seen it be a lot better and that is how we are going to be richer on ETH.

Because last time there were a lot of people who looked for alternatives, but this time around we are going to have low gas fee according to Vitalik, which means that if it really happens then everyone will use ETH and won't need alternatives like ADA or many others. This will cause ETH to go up, and all the other "alternatives" to ETH will end up dying and being low priced, because we will not be needing them anymore.

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Quote from: Why you bully me on January 16, 2023, 12:22:30 PM

Do you think cardano will over take ethereum in terms of tech with voltaire being worked on this year. Along with erc20 converter for easy conversion to cardano via ethereum. Cheesy

This is not only recent that I have heard, actually when talking about direct competitors in this market, I always see the problem of dividing into categories like BTC, ETH and the rest of altcoins.
Too much of the past just looked at the problem of some minor bugs on the ETH system that are outstanding, but even so, its power is now too great to replace. And for ADA alone, I think it's just another exaggeration to follow ADA. I think it's unnecessary to compare it with other platforms, if it does well, it will have its own positions better in this market.

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Quote from: Why you bully me on January 16, 2023, 12:22:30 PM

Do you think cardano will over take ethereum in terms of tech with voltaire being worked on this year. Along with erc20 converter for easy conversion to cardano via ethereum. Cheesy

No, Ethereum is ever developing, they already have a scheduled update that can bring another hype to the Ethereum market. Besides, technology can be easily copied or modified if released in public, so I do not think that ADA will overtake ETH in terms of tech for long. Besides ADA had been known for its delay so I do not think that it will take ADA a short time to develop such technology. It is more probable that ETH could have developed something much more advance and released it earlier than the current development of ADA tech.

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Quote from: meanwords on January 26, 2023, 08:43:08 AM

Quote from: Why you bully me on January 16, 2023, 12:22:30 PM

Do you think cardano will over take ethereum in terms of tech with voltaire being worked on this year. Along with erc20 converter for easy conversion to cardano via ethereum. Cheesy

The thing here is that once a tech got popular, another company will try to adopt it too. I don't think Cardano will have a significant lead in technology, especially when ETH also has expert developers on their side. Yeah, they might have a little bit advantage but that doesn't mean much to the masses. It's the trust and utilities, especially when convenient enough, that's going to win in the end.

ETH will always try to improve on their pace though, because they are huge and they can't be as agile as other projects. Which means that other projects could end up building new things that ETH could follow up very very late, and that's not really a good thing at all. I know that it is going to be a simple thing for them to build it if they want to, but quick and simple are not the same things.

For example, it was simple to go from PoW to PoS many smaller projects did it within like a few months, but it took ETH a lot longer time, years, why? Because they are bigger. That's what ADA should work on, being fast and agile on their improvements so ETH can't catch up.

Topic: Ethereum Vs Cardano (Read 501 times)