Will Cardano overthrow Ethereum? - page 7.

cryptoknows

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Quote from: ijeb on May 02, 2021, 02:06:47 PM

The community named it to be a much better version of ETH.
ADA is slowly building its momentum to be the best digital cash available summing up the scalability, high security, low transaction fees, interoperability and especially considering the backlash of ETH with current gas fees.
Also the creator strongly believes that cryptocurrency absolutely have to communicate one with another and most likely this will happen in the next 3-5 years and there are rumors of Cardano/Litecoin connection bridge.

Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA.
Will it happen?

Of course, Cardano now has very good technological characteristics, but there are projects that already have a cross-chain bridge for generating smart contracts and transferring tokens of different blockchains. For example, projects such as Solano and Near, they already have this in place and all developers can safely use the best tools for expanding crypto. Cardano, as one of the first serious rivals, has such a large popularization and capitalization in the crypto world, but technologically the project is already lagging behind the needs of enthusiasts today, so I do not think that this project with its developments can now give a good battle to Ethereum, unlike the two previous projects Solano and Near

LUCKMCFLY

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ETH is in a favorable position for now due to market changes, it is expected that it can reach $ 3k, there are many technical signs that indicate a very good outlook, in fact one analyst said it could rise more than 30%, now the ADA growth is also considerable, although it has not increased as much in price as ETH, Cardano received approval to be included in Japan:

Quote

ADA price remains low momentum despite the market showing continuous bullish trends over the past week. Posting small recoveries, only to dip back down and continue slow movement as time passes.

The price of the digital asset is currently trading at $1.357, with a 0.47% gain and a $43.6 billion market cap.

Source: https://www.newsbtc.com/news/cardano/cardano-listed-in-japan/

This good news will generate a good effect on the price in ADA, in fact in the short term it has not yet been seen, but it is gaining strength because it will enter a country where the demand for cryptocurrencies is great, and ADA will begin to shine much more. , because its demand I am sure it will increase.

Traderbtcc

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Quote from: ijeb on May 02, 2021, 02:06:47 PM

The community named it to be a much better version of ETH.
ADA is slowly building its momentum to be the best digital cash available summing up the scalability, high security, low transaction fees, interoperability and especially considering the backlash of ETH with current gas fees.
Also the creator strongly believes that cryptocurrency absolutely have to communicate one with another and most likely this will happen in the next 3-5 years and there are rumors of Cardano/Litecoin connection bridge.

Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA.
Will it happen?

ADA is doing really great no doubt, it even manage to get listed on Coinbase exchange, they claim to be the better version of Ethereum but as it stands there are not even ready yet, ADA still doesn't have a smart contract which will enable other projects to be able to build on it, but it's unavailable at the moment and their CEO keeps promising without delivering, for me the project that seems to seems to already have all it takes to become the next Ethereum is Near Protocol, it has everything and more of whatever eth 2.0 upgrade will be bringing, near is really undervalued and I believe that in the future it will make a minimum of 10x pump from here.

techearn17

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Quote from: Sayeds56 on August 05, 2021, 06:21:56 AM

Quote from: ijeb on May 02, 2021, 02:06:47 PM

The community named it to be a much better version of ETH.
ADA is slowly building its momentum to be the best digital cash available summing up the scalability, high security, low transaction fees, interoperability and especially considering the backlash of ETH with current gas fees.
Also the creator strongly believes that cryptocurrency absolutely have to communicate one with another and most likely this will happen in the next 3-5 years and there are rumors of Cardano/Litecoin connection bridge.

Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA.
Will it happen?

No doubt we have witnessed huge improvement in ADA network during the past one year and that is also reflected on its huge price improvement but yet it is far from surpassing Ethereum Marketcap. There is strong possibility that Ethereum market cap may get doubled or even tripled if London hardfork upgrade is nsuccessfully implemented which is likely to happen after few hours from now and next upgrade is Ethereum 2.0 full implementation which will change it from POW to POS and that will certainly bring down transaction fee substantially as well as buring process of ethereum will start to bring down its supply.

Of course, you know that Ethereum has become a huge network. The Cardano can never eradicate Ethereum. Ethereum has made a place for itself. I think Cardano should focus more on his network now that Ethereum has done a lot. Ethereum gave us a lot of strong projects that are still doing well today.

Gayong88

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it is possible but it takes a process to $12 and we also know there is a smart contract in August or September. for ETH the king is still the king of alt coins in my opinion.

Macadonian

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No current coin that is released publicly will overthrow Ethereum they do not have the technical advantages needed to overthrow it at the moment Bitcoin and ethereum remain kings in their sectors.

fileo

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I guess not. Even Ethereum is high gas, it is still strong coin after Bitcoin. Cardano is also good but will not over throw Ethereum especially Eth is developing something special. I still believe Ethereum is main blockchain in cryptocurrencies.

adzino

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Lol, Cardano will never be able to overthrow Ethereum. It is very far away from what Ethereum has to offer. Cardano still doesn't even support smart contracts yet. Everything about Cardano sounds very good in paper. But in reality, it still can't compete with Ethereum. It might go up soon once smart contracts are launched, but it highly likely won't be able to take over Ethereum. Ethereum has far more larger community, support and development team than Cardano.

rozak

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Quote from: Wildwest on August 05, 2021, 07:39:19 AM

If comparing ethreum with cardano I think it is not appropriate for now because the price dispute is so far that it takes time to rival the current price of ethreum, although for now the cost of ethreum gas is quite high but it is not easy all ethreum users will switch to using cardano, especially for now there is a BSC network that is easier to use when compared to cardano But we don't know what will happen for the next few years, there could be a new coin that will be ranked ethreum at the moment and that could be cardano.

if you compare it from the price, BSC is also far adrift from ethereum. the problem lies in the adoption of blockchain networks. until now ethereum is still the strongest. although now there are several other networks gaining popularity. BSC and Polygon are one of them.
but to see Cardano be on par with ethereum seems a long way to go.

Natalim

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Quote from: layoutph on August 05, 2021, 07:42:37 AM

How come ADA will overcome ETH. Ethereum is a very superior crypto. There are thousands of crypto running under Ethereum Mainnet. The title of this post should be. Will ETH overthrown BTC? And the answer is simply YES. Sorry but for Cardano it will take time. There are several good coins like BNB.

Actually, one altcoin has overthrown ETH in the past, and that is XRP but ETH has regained its spot.

If you'll ask me about the chances, I think Cardano has a bigger chance of surpassing the success of ETH than ETH to surpass bitcoin.
Just by looking at the percentage of dominance, no altcoin has even come near to bitcoin.

monig

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It is very very difficult to say that Cardano will overcome Ethereum. Cardano (ADA) is a very slow project.There has been no increase in ADA for many days. Many coins are still on ETH Network.To some extent, Binance smart chain network is trying to take place of ETH but still Struggling. ETh will Remain Number 2 in the next few Years.

layoutph

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How come ADA will overcome ETH. Ethereum is a very superior crypto. There are thousands of crypto running under Ethereum Mainnet. The title of this post should be. Will ETH overthrown BTC? And the answer is simply YES. Sorry but for Cardano it will take time. There are several good coins like BNB.

Wildwest

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If comparing ethreum with cardano I think it is not appropriate for now because the price dispute is so far that it takes time to rival the current price of ethreum, although for now the cost of ethreum gas is quite high but it is not easy all ethreum users will switch to using cardano, especially for now there is a BSC network that is easier to use when compared to cardano But we don't know what will happen for the next few years, there could be a new coin that will be ranked ethreum at the moment and that could be cardano.

Kimonoe

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I think it's difficult. Let's see that Binance which has influence from exchanges and the BSC network is difficult to replace Ethereum, especially Cardano. when the ethereum network has problems, and binance seems to be a hero, there are still many people who think that bnb is still difficult to replace eth in its position, from that means eth still has a lot of community

Plinteng

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i think Cardano been ada coin has the momentum to move, but it moving gradually process, at my initial time, Ada was looking like a stable coin, no increase in price. But currently, Bull run has making the market on green point.

indrakusumaindra

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Nope i dont think so cardano could overthrow ethereum. Cardano right now cant even make their own smart contract in time. I mean how long they been talking about it ? . I think in matter of development Ethereum is still few step a head and it will be hard for cardano to catch up the real use case that ethereum has.

iTradeChips

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Well, who knows what will happen in cryptocurrency, you will never know what is in store for Cardano and Ethereum. I mean you saw the good prices Bitcoin gave us in the first and second quarter of 2021 or first half I should say. But of course as far as overthrowing Ethereum from second place as King of the Alts and Cardano becoming the King, that is to be seen. If Cardano can deliver things that ETH cannot then there might be a chance. But Axiie is popular right now and it utilizes ETH so there you go. Answer is, not now.

gustavroy

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When i am waiting for cardano's smart contracts my beard and hair getting white, my back is start to hurting and i started to forgot things. Couple years past and still waiting for the smart contracts. I dont know the initial road map but something is going wrong for sure. And dude still are you really asking the overthrowing? It is hard to pass ethereum even in marketcap rank for a couple days.

Captain-Cryptory

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Charles Hoskinson introduced Djed - the novel algorithmic stablecoin sustainability of which can be proved by methods of pure mathematic. In my view this opens a new era in the domain of stablecoins as so far there was no such crypto-tokens including those wrapped into ethereum smart contracts that could hold their price at any market fluctuation. In this respect Cardano has already overthrew Ethereum.

Sayeds56

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Quote from: ijeb on May 02, 2021, 02:06:47 PM

The community named it to be a much better version of ETH.
ADA is slowly building its momentum to be the best digital cash available summing up the scalability, high security, low transaction fees, interoperability and especially considering the backlash of ETH with current gas fees.
Also the creator strongly believes that cryptocurrency absolutely have to communicate one with another and most likely this will happen in the next 3-5 years and there are rumors of Cardano/Litecoin connection bridge.

Can we see a market cap bigger than Ehereums? At the actual price rates this means it should be around $12 per ADA.
Will it happen?

No doubt we have witnessed huge improvement in ADA network during the past one year and that is also reflected on its huge price improvement but yet it is far from surpassing Ethereum Marketcap. There is strong possibility that Ethereum market cap may get doubled or even tripled if London hardfork upgrade is nsuccessfully implemented which is likely to happen after few hours from now and next upgrade is Ethereum 2.0 full implementation which will change it from POW to POS and that will certainly bring down transaction fee substantially as well as buring process of ethereum will start to bring down its supply.

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