Will Cardano overthrow Ethereum? - page 8.

Chuky92

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Quote from: ijeb on May 02, 2021, 03:06:47 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?

You know one truth is, comparing two big projects or two outstanding projects is always tough, tough in the sense that both team knows what they want and are already working towards a long term goal.
Now coming to the discussion at hand, Ethereum is one coin that many coins are challenging often and on, and yet it keeps surprising them with its growth. To make is more explanatory, during the bull run Ethereum gas fee was nothing to write home about and many projects were migrating, one would have thought that would be the end, but look at the growth so far.
ADA on the other hand shows its team are always silently and diligently working hence the reason people are comparing the two coins.
But however, Ethereum have no competitor in my own opinion, because many projects are in one way or the other taking a leaf from it, which means it is the best, many projects are still launching on it, there are also many layer 2 tech; thus there will be no bigger market cap than that of Ethereum with the exemption of Bitcoin.

Nasuhalugu

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Quote from: ijeb on May 02, 2021, 03:06:47 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?

I can not answer whether it will happen or not. Because something we don't expect can happen. You better understand that in cryptocurrencies many surprises are stored for the future.
The point is, I can't guess without solid evidence.

memed97

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Quote from: ijeb on May 02, 2021, 03:06:47 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?

not a few coins that compete with etherum, but so far etherum is still superior, for me it is very impossible to challenge etherum let alone to overthrow it, etherum is generally available in all markets and etherum proves to be very difficult to beat, although ADA also improves the system well, On the other hand, etherum is developing into the best digital money.

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Quote from: Zulkifli BI on August 01, 2021, 09:02:20 AM

anything can happen in cryptocurency. although currently the price of Ethereum is more higher than Cardano, the current function may be that Cardano is better than Ethereum, especially transaction fees. but in my opinion Ethereum is very difficult to overthrow by any altcoin because ethereum has a strong and large volume and demand in all exchange markets. although the transaction fees are currently high.

The transaction fees is also a major factor that diverts investors and other small players away from the project, first bitcoin was having high transaction fees when it was most popular coin in the ICO frenzy era. Now in the DeFi era Ethereum is having huge gas costs, then it can also be replaced by Cardano or any other coin if something is not done for this issue.
I used to exchange my bitcoin for ethereum to get away from paying huge transaction fees when transacting between the exchanges and now I tend to use USDT for the same purpose as it gets the job done pretty easily.

I am more inclined to either waves for overthrowing ethereum as it is also having a great potential and is undervalued for the features that it provides.

andyou1234

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Cardano is a very slow growing the altcoin, it is very unlikely that Cardano will beat the popularity of the etherem which was at the peak of the month, because the price difference between ETH and Cardano is very big, currently the price of ETH is around $1900 while Cardano is only $1.18 I think this is just a joke.

Masyudhi

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Quote from: ahmia39 on July 20, 2021, 12:39:08 PM

Quote from: ?? on ??

in my opinion it is something that is unlikely to happen, because cardano is not a real ethereum competitor. I think the one who has the possibility to compete with ethereum is BNB and maybe Bnb will overthrow ethereum.

As seen and closer to Ethereum is indeed BNB, but also note that defeating Ethereum is the same as defeating a world ruler who is already very strong in general, so for now BNB is still very difficult to make that happen, especially Cardano who has obviously still very small and new, because if Hardfork London went well then everyone would say ETH 2.0 is a good solution, so a lot of hypocrites were born at the time. Grin

even with high transaction fees, ETH can't be beaten by BNB's capitalization. what else with ADA? I believe this is still too far. it's not a matter of good or bad a project. it is related to market adoption and interest in assets for trading and investment. ETH is still the main altcoin.

Zulkifli BI

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Quote from: ijeb on May 02, 2021, 03:06:47 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?

anything can happen in cryptocurency. although currently the price of Ethereum is more higher than Cardano, the current function may be that Cardano is better than Ethereum, especially transaction fees. but in my opinion Ethereum is very difficult to overthrow by any altcoin because ethereum has a strong and large volume and demand in all exchange markets. although the transaction fees are currently high.

ahmia39

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Quote from: ?? on ??

in my opinion it is something that is unlikely to happen, because cardano is not a real ethereum competitor. I think the one who has the possibility to compete with ethereum is BNB and maybe Bnb will overthrow ethereum.

As seen and closer to Ethereum is indeed BNB, but also note that defeating Ethereum is the same as defeating a world ruler who is already very strong in general, so for now BNB is still very difficult to make that happen, especially Cardano who has obviously still very small and new, because if Hardfork London went well then everyone would say ETH 2.0 is a good solution, so a lot of hypocrites were born at the time. Grin

bryant.coleman

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Quote from: ansarose1 on July 20, 2021, 07:49:56 AM

I don't think so, although everything could be possible in cryptocurrency, it is so hard to tell that cardano would overthrow ethereum coin. Since bitcoin now becomes more famous, some says ethereum 2.0 version makes market crazy, it is difficult for cardano coin to overthrow ethereum even for a couple of years. But that's only my perception, it could be true and also it could be wrong if cardano would overtake ethereum in the future.

Ethereum hasn't done any wonders at the market. There was a lot of hype regarding ETH 2.0, but it turned out to be a damp squib. The developers are going for a "phased" implementation, because the testing is not yet completed. They are worried that security issues may be revealed and the hackers and criminals may use it to steal tokens. Security has always been an issue with Ethereum. When compared to Bitcoin, the protection being offered by the ETH chain is very low. After the cryptopia exchange got hacked, the promoters even came out and blamed the security issues within ETH for the hack. And it is not an isolated incident.

unusualfacts30

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not sure about overthrowing but Cardano is one of the leading project right now and they have Alonzo update coming up in August that should set it for long run. Even if it doesn't overthrow eth it is one of the leading project in the market that continues to bring nice ROI for investors and enthusiasts alike.

blockman

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Quote from: ?? on ??

Cardano shows a very promising progress and development over the past few months and even becoming more competitive altcoin in the market however I don't think that Cardano can overthrow Ethereum knowing for a fact that Ethereum also is doing plenty of development that makes its more attractive to many investors.

It is one of the good coins that we can see in the top 10 but the same as you. I don't think that it can remove Ethereum and overthrow it in its place. Ethereum is just getting started with its fixing and upgrades that will make it good for the long term. I don't have much update about Cardano's progress and upgrades but I'm also reading some little information that it's not going to let itself be at the last stand. But despite of that, it's not enough to see that it can be more than Ethereum.

ansarose1

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I don't think so, although everything could be possible in cryptocurrency, it is so hard to tell that cardano would overthrow ethereum coin. Since bitcoin now becomes more famous, some says ethereum 2.0 version makes market crazy, it is difficult for cardano coin to overthrow ethereum even for a couple of years. But that's only my perception, it could be true and also it could be wrong if cardano would overtake ethereum in the future.

Bitcoin Seller

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Cardano hasn’t overthrown even the BSC yet, so what can we say about Ethereum? To be honest, I think it is incorrect to compare Cardano and Ethereum as they develop in completely different ways. We can only compare Cardano to BSC and Polygon. And, to my mind, all of them follow the same ideas, the only question is where people bring their money, so we should just
come up with trends and be ready to try new blockchains and new financial solutions.

SlimShadyMmp

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If everything works out right for ethereum and we get version 2.0 without any issue then I personally dont think Cardano can get to ETH level Maybe it will have a close marketcap but still dont forget there are other ETH Competitors out there that can beat ETH they do have smart contract active too. ADA is yet to have a smart contract

bison

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Cardano market capitalists don't seem to be able to overthrow ETH, Although the development team must have worked very hard to develop Cardano as a good crypto asset, but we need to remember that the current ETH team is clearly superior, because of its achievements to date and definitely not will let another platform replace it.

xmonkeyx

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Quote from: ijeb on May 02, 2021, 03:06:47 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?

if you think so there is nothing wrong but many say it will not be possible in a very long period of time even, myself included in the opinion that it will not happen. many possible factors we have to look at until we can say it's unlikely to happen one of which is higher eth demand.

Sendi blackspade team

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Quote from: Jack_Sin on July 18, 2021, 10:32:56 AM

Almost all tokens running on etherscan are also on bscscan, since bsc is a product of Etherscan even you can use a single address for both ETH and Binance smartchains, I'm not sure if bscsan adoption can overthrow ETH in the future.

not only BSC we can use in ERC address. most other network smart contracts you can also use via an ERC address. all settings can be customized in metamask.
By far the biggest popularity and adoption is still for ethereum. not so good for BSC if later more and more are just scam projects.

Jack_Sin

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Quote from: electronicash on July 18, 2021, 01:11:11 AM

must be true. majority of us will likely see the success of BNB close to overthrowing ETH for the fact that almost all ERC20 tokens also have BSC version of it including their own BNB token. by what they are doing, it seems to really have propagated throughout but its price also isn't close to ETH.

most dev today seem to be developing a project aiming to overthrow ETH, even JackDorsey's project was also about bringing down ETH. what have we done to the world mama? Grin

Almost all tokens running on etherscan are also on bscscan, since bsc is a product of Etherscan even you can use a single address for both ETH and Binance smartchains, I'm not sure if bscsan adoption can overthrow ETH in the future.

electronicash

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Quote from: arifteguhr on July 17, 2021, 04:33:31 PM

Quote from: ?? on ??

Yes, ADA is a potential coin but it is not easy to replace ETH, at least ADA should be able to drop the BNB position so that it has a chance to beat ETH. But that won't be possible though in the future.

Both will not be possible in the near future or in the future, because BNB which is very close to ETH alone has not been able to beat ETH, moreover ADA is still very far from ETH level, as well as defeating BNB, ADA coins still need a breakthrough new so that it can drop BNB, because BNB is now very strong with its BSC support.

must be true. majority of us will likely see the success of BNB close to overthrowing ETH for the fact that almost all ERC20 tokens also have BSC version of it including their own BNB token. by what they are doing, it seems to really have propagated throughout but its price also isn't close to ETH.

most dev today seem to be developing a project aiming to overthrow ETH, even JackDorsey's project was also about bringing down ETH. what have we done to the world mama? Grin

arifteguhr

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Quote from: ?? on ??

Yes, ADA is a potential coin but it is not easy to replace ETH, at least ADA should be able to drop the BNB position so that it has a chance to beat ETH. But that won't be possible though in the future.

Both will not be possible in the near future or in the future, because BNB which is very close to ETH alone has not been able to beat ETH, moreover ADA is still very far from ETH level, as well as defeating BNB, ADA coins still need a breakthrough new so that it can drop BNB, because BNB is now very strong with its BSC support.

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