Topic: Ethereum Vs Cardano - page 3. (Read 501 times)
Cardano hype is done by youtubers. Past 2 years most of youtibers said cardano is the next eth killer. It will pass 30$ easily. But here are we. Just like xrp. Those altcoins are good for colcollectors not for someone need profits.
Better in terms of what? If as an investment I think Ethereum would be more of a better candidate but if it is with fees (not sure tho') I think Cardano would be be one since it has a lower market value. Ethereum on the other hand is a huge network already from being used to most of the projects and transactions in this industry which makes it capable to withstand every downfall with the market prices and be able to recover afterwards. It has proven "itself" for years as being the next to Bitcoin, thus, this would be a mismatch to compare. Cardano is really promising but that won't make it a better cryptocurrency than ethereum. But these two are really a good investment.
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. 
That's still hard to come by as Cardano needs more support to lift its price near Ethereum. Cardano is currently cheap and you can buy it in large quantities and store it for a long time. But we know that anything can happen so if Cardano can raise its price beyond $1 or even over $4, it will be a surprise for us because we certainly wouldn't expect it, especially if the price could go over $10. Currently, Ethereum is still number 2 in the market and still leads the altcoin position but who knows what will happen in the future.I believe in the true bull market cardano should easily surpass 1 and 4 usd as that would be the old ath from previous bull market. The development that has happened since is a lot. New ath should be around 10 usd I believe in the next bull market.
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.
That's still hard to come by as Cardano needs more support to lift its price near Ethereum. Cardano is currently cheap and you can buy it in large quantities and store it for a long time. But we know that anything can happen so if Cardano can raise its price beyond $1 or even over $4, it will be a surprise for us because we certainly wouldn't expect it, especially if the price could go over $10. Currently, Ethereum is still number 2 in the market and still leads the altcoin position but who knows what will happen in the future.
Cardano can't come anywhere close to Ethereum. As for me, I will choose Ethereum over Cardano any day, any time.
The value is just too far for ADA to race. But it has something to offer at least to the newcomers in crypto since it had some plans for easy migration of ERC tokens to bridge to the ADA network. It can't beat ETH but it does have its own pace.
ADA has been in the top 10 of the CMC for years and had definitely increased its value since. In this next bull cycle, we shall see more of its development because of Voltaire.
You are absolutely right that price of Cardano is too far from Ethereum, and its pace of development is also very slow compared to Ethereum. The total supply of Cardano is 45 billion which is huge, and there is no burning mechanism in place to reduce it to boost the price. the team is also planning to launch algorithmic stable coin (DJED) in first quarter of 2023 on Cardano block chain & it will be integrated with partners and decentralized exchanges which will reward users for providing liquidity. But the collapse of UST stable coin has created very negative perception about algorithmic stable coins. the acceptability of this stable coin in the market remains to be seen.
https://cointelegraph.com/news/cardano-to-launch-new-algorithmic-stablecoin-in-2023
So many users are very hyped about this Djed when there is already a stablecoin on ADA namely iUSD. It's synthetic but it does the job for trading after it's been added on Muesliswap, the volume had increased every day.
Why Djed is the awaited is just hyped but according to that article, Djed will be collateralized and backed by $SHEN. How is this a good thing?
I can see this falling apart like LUNA and maybe the reason for the next long bear market in the next cycle.
I agree that launch of stable coin is unlikely to result in bullish trend in Cardano coin, as it is generally viewd as a way to raise funds and is not seen as a positive development. The most important factor in my view, is use case of coin which is very strong in case of Ethereum. It is used in every sector of crypto industry, for creating smart contracts of alts, NFTs, metaverse, artificial intelligence & many mores.
When comparing Ethereum vs Cardano, Ethereum definitely has the upper hand. I consider Ethereum as the most reliable coin after Bitcoin. Ethereum has developed their own platform a lot. Maybe a few days ago a bad news sent the Ethereum market down a lot. However, with the market becoming positive, Ethereum's market has started to change. But if the Bitcoin market is a little more positive, it will be seen that the Ethereum market has changed a lot. Of course I think Ethium is the best ALT coin.
The value is just too far for ADA to race. But it has something to offer at least to the newcomers in crypto since it had some plans for easy migration of ERC tokens to bridge to the ADA network. It can't beat ETH but it does have its own pace.
ADA has been in the top 10 of the CMC for years and had definitely increased its value since. In this next bull cycle, we shall see more of its development because of Voltaire.
You are absolutely right that price of Cardano is too far from Ethereum, and its pace of development is also very slow compared to Ethereum. The total supply of Cardano is 45 billion which is huge, and there is no burning mechanism in place to reduce it to boost the price. the team is also planning to launch algorithmic stable coin (DJED) in first quarter of 2023 on Cardano block chain & it will be integrated with partners and decentralized exchanges which will reward users for providing liquidity. But the collapse of UST stable coin has created very negative perception about algorithmic stable coins. the acceptability of this stable coin in the market remains to be seen.
https://cointelegraph.com/news/cardano-to-launch-new-algorithmic-stablecoin-in-2023
So many users are very hyped about this Djed when there is already a stablecoin on ADA namely iUSD. It's synthetic but it does the job for trading after it's been added on Muesliswap, the volume had increased every day.
Why Djed is the awaited is just hyped but according to that article, Djed will be collateralized and backed by $SHEN. How is this a good thing?
I can see this falling apart like LUNA and maybe the reason for the next long bear market in the next cycle.
The value is just too far for ADA to race. But it has something to offer at least to the newcomers in crypto since it had some plans for easy migration of ERC tokens to bridge to the ADA network. It can't beat ETH but it does have its own pace.
ADA has been in the top 10 of the CMC for years and had definitely increased its value since. In this next bull cycle, we shall see more of its development because of Voltaire.
You are absolutely right that price of Cardano is too far from Ethereum, and its pace of development is also very slow compared to Ethereum. The total supply of Cardano is 45 billion which is huge, and there is no burning mechanism in place to reduce it to boost the price. the team is also planning to launch algorithmic stable coin (DJED) in first quarter of 2023 on Cardano block chain & it will be integrated with partners and decentralized exchanges which will reward users for providing liquidity. However, the failure of UST stable coin has led to negative perception about algorithmic stable coins, and it remains to be seen, how well this stable coin is received in the market.
https://cointelegraph.com/news/cardano-to-launch-new-algorithmic-stablecoin-in-2023
The value is just too far for ADA to race. But it has something to offer at least to the newcomers in crypto since it had some plans for easy migration of ERC tokens to bridge to the ADA network. It can't beat ETH but it does have its own pace.
ADA has been in the top 10 of the CMC for years and had definitely increased its value since. In this next bull cycle, we shall see more of its development because of Voltaire.
it's just difficult in killing eth, even though ada has shown quite good progression regardless I'm sure eth will just stay the second highest coin, even the conversion will be quite mundane, I think ada should worry about matic and solana first before talking about killing ethereum because they seems pose more threat against ada in term of market value and capitalization.
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.
Though Cardano is one of the most decentralized and secure network , with ongoing development and new partnership are being formed, but it is unlikely that it can challenge leading role of crypto in the near future. The pace of development on Ethereum is outstanding with largest number of developers worldwide, which no other network can match. That is why Ethereum is always first choice of high profile projects to launch on.
Yeah, but you have to understand that Charles Hoskinson was once the developer of ETH too, so at some point he knows what he is doing and perhaps looking at his competitor and whatnot. Or having his own roadmap for this project. And if I'm not mistaken, he continue to developed ADA and he keeps on giving us update as much as he can in social medias.
Yeah, i understand that he is one of the founders it but it doesn't change what i said. I just think that people have been overestimating his skills as somekind of renaissance man. He has however lots of funds to hire talented developers for him. And i know for a fact that some of the most talented ones have rejected his offer of ludicrous amount of money because they see his goals uninspirational and even futile.
Though these both cryptocurrencies have the same network POS system I think Ethereum will always remain in the second position in the market.
But they've different purposes, ADA is the monetary transactions and support for smart contracts while ETH stand-alone with smart contract support which is only a single layer of managing the smart contract and the dApp. This is many, many projects are preferred to use ETH because it focused on one purpose of decentralization.
How many coins that competing with ETH or considering an ETH killer? But none of them has succeeded.
My vote is still on ETH but ADA is also still useful.
But they've different purposes, ADA is the monetary transactions and support for smart contracts while ETH stand-alone with smart contract support which is only a single layer of managing the smart contract and the dApp. This is many, many projects are preferred to use ETH because it focused on one purpose of decentralization.
How many coins that competing with ETH or considering an ETH killer? But none of them has succeeded.
My vote is still on ETH but ADA is also still useful.
it will be a long way to go before another network will surpass ETH network. that is true, how many networks have been created to kill ETH but none of them so far has attained the same popularity of ETH. i believe the advantage of ETH is that it is backed by a known dev, Buterin, who is still sincere in developing its network to serve better the whole community. maybe, if his dev team will stop innovating, that's when a new network will overcome ETH's popularity.
it's not an easy job and there will be difficulties too,
Ethereum has a good team and they are continuously developing.
Well, if Vitalik will reduce the fees as he promised, then Cardano has no chance.
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.
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.
You think over 1t marketcap is reasonable for both coins? 100x on cardano seems too much but maybe perhaps 10x on eth as how popular it is.
I think, Ethereum will be favourable in both long term and short term trading in this season than Cardano, because Ethereum is still maintaining the second position among other cryptocurrencies which is part of some of the things that made many traders to prefer to invest more on Ethereum than any other coins in the community. I don't think, Cardano is more popular than Ethereum because looking at the population around Ethereum showed that Ethereum teams are very active to give their investors what they want at the end of their investments.
Do you think cardano will over take ethereum in terms of tech with voltaire being worked on this year.
If Cardano is actually good, their team don't have to name their project as an Ethereum killer. Any project want to define themselves like this won't succeed to kill Ethereum. They tried to use a noisy name to PR their projects and attract investors.Ethereum is a biggest alternate cryptocurrency project and it has a solid position in top of cryptocurrency market many years. Cardano has to succeed many more years to closely touch Ethereum on top of market ranking table. Beating Ethereum, killing Ethereum is impossible for Cardano.
Developers always promise a lot with their innovative technologies but you must wait months and years to see how their technologies perform in reality.
Cardano, Solana, Aptos... There are so many alternatives to Ethereum that they become a bunch of altcoins we can't exactly differentiate one from each other, while Ethereum remains where it is, in evidence, and there isn't any signal this is going to change soon. Investors have developed a strong bond with Ethereum, similar to the even stronger bond they have with Bitcoin. That is not the kind of thing rival altcoins easily break. Even expensive gas fees weren't enough to decrease ETH's popularity.
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.
This competition is already aged. I believe that Cardano is already far from Ethereum a long time ago, even Cardano (ADA) was created before. Even before, there are already a lot of issues with Cardano before, and a lot of people telling also that Cardano is because of smart contracts even though Cardano is already here a long time ago but there are still no working or real products. Jump to: