/biz/ - Business & Finance

does cardano even have smart contracts yet? name one project on cardano that has any hype at all

>>56895623
>hype
Hype doesn't matter pajeet it's about the tech

>>56895605
Because cardano still doesn’t scale enough for actual adoption and all legitimate crypto casino whales are located on eth. Only thing that matters is either being a cheaper casino (bnb/sol) or making true adoption possible (ccip), ada is the midwit solution.

>>56895642
>midwit
it's made by the smartest people in the industry

>>56895638
so it doesn't have smart contracts and it doesn't have hype. it has you bagholding though, nigger.

>>56895662
And? Doesn’t change the fact banks will never hand over transactions to one single chain.

>>56895638
>t. clueless

>>56895673
>it doesn't have smart contracts
Yes it does you fucking idiot

>>56895696
no one even cares LMAO

>>56895605
250 TPS. Lol, nice self own

>>56895605
BSV shits all over them.

>>56895638
>it's about the tech

can someone school me on the utxo/smart contract problem, can a cardano smart contract really only execute one transaction per block?

>>56895605
Crapdano sucks

>>56895696
Didn't they do a proof of concept like 2 years ago and still there's no dapps?

>>56895605
If you go look at the block explorer in real time you'll see the actual tps is around 1. Max tps doesn't mean shit if you don't have users. And you won't have users if you don't have dapps, defi, NFTs, shitcoins etc. And you won't have those if you don't have devs. And you won't have those if building is made hard as fucking hell. That's the core problem of Cardano, and for that reason I'm out.

>>56895950
Blocks are full of activity.

https://eutxo.org/

>>56895883
There is no problem.

Hosk is a pedo, sure as you're alive. ADA is for money laundering perverts and spooks!

>>56895910
fuck off pajeet

>>56895936
there are thousands of dapps idiot

>>56895605
100% false. Cardano L1 is 7tps, worse than eth. Of course its artificial restriction, just like eth, to favor decentralization. Cardano relies on L2s just like ETH to scale.

On top of that cardano uses a UXTO model which makes most dapps only capable of 1 tx per block. Yes, you read that right. Cardano relies on L2s to actually be functional too.

>>56896011
You are completely wrong

>>56895883
Yes, dapps that need to read some data first, then do something, like pretty much every defi app, can only do 1 per block.

>>56896011
>Cardano L1 is 7tps
it's 4

>>56896045
That is outright wrong and you're a fucking idiot

>>56895883
>>56896045
The UTXO thing highlights the problem with cardano's design. Its over engineered and prematurely optimized. They picked UTXO way back before dapps became popular, and it was done to optimize like CPU usage when processing transactions. Because you could look at some piece of data and if it hasn't been read you can parallelize it with other transactions. The problem is most defi apps have to read some piece of data, like an oracle, or update a common LP pool and verify slippage, etc. so they cannot be parallelized at all. So there is no benefit, and even if there was a benefit blockchains are massively bottlenecked by storage and network bandwidth, not CPU, and it comes with a huge downside of 1 tx per block. The only reason they did it because they wanted to intellectually jack themselves off by designing this dumb ass optimization. It gets even worse because UTXO is a superset of ethereum's account model, you could literally just implement in eth later if it turned out to be needed.

>>56896098
This guy knows

>>56896098
you're such an unbelievable dumb shit

UTXO is exactly the same in functionality but it is not single threaded like Ethertrash

YOU CAN'T SCALE A SINGLE THREAD YOU FUCKING IDIOT

>>56896161
lmao this guy has a BAG of this shit you can tell

>>56896161
you're fucking malding
tech illiterate faggot

>>56895605
Lol what a load of shit. People had to wait hours for swaps to go through on your shitty DEX when it finally came out

>>56896489
I'd rather wait a whole day than pay $20 for a swap like in Ethereum

>>56896365
Of course I do asshole I have a huge bag because it's the best tech in the industry and it's going to 1000x minimum

>>56896400
I'm very tech literate you low life piece of shit FUD faggot

>>56896489
First you fudding idiots say there is no usage and now you're saying it's congested

>>56896543

>>56895605
Hedera scales and Cardano is shit

why isn't Hedera 10x of Cardano rite now?

>>56896699
Hedera is centralized trash and doesn't need any consideration

>>56895605
Marketing/popularity > product

>>56895605
Because eth was 1. And eth maxis are calling it scam.
Just like betc eth will lose its marketshare and cardano will get some of that. Cardano will be in top 3 soon and it might be the one who knocks.
Cardano is best L1 today and it will be for anwhile. Ofc it might get too big to keep up with the times like eth, but its made for bigger market that we have now and it will be best for a while. Also they keep making it better.

You will contienue to see cardano getti. +20% a week while btc gets 15%

>>56896999
Wrong. Product is all that matters. All these shit ETH clone chains will fail.

>>56895605
lol op
nobody is USING it
as soon as they do, it gets shut down because its heavily centralized (not like the fake "eth is centralized" fud, i mean its ACTUALLY controlled by a tiny group of devs
you dont even understand why crypto exists and you think you know better lmao

>>56896625
That's the funny thing. It's a dead chain with about 100 transactions a day yet it can't handle it

>>56897069
No dumb ass it is very clearly being used and people have complained about congestion

It is the most decentralized project out there and this isn't even debatable

>>56897123
Fuck off FUD faggot it gets 100 transactions a minute

>>56897131
lol ok charles
i guess if you just straight up lie you can pretend youre right

>>56897141
Nothing about that is a lie and you know it

>>56897140
theres a reason your tripcode is red and mine is green
if you had any sense you would have realized by now

>>56897152
Your an idiot fuck off

ADA is a great filter for reddit tier middle of the bell curve dads

cardano does is 100 rps (retards per second)
there has never been a single nonretarded comment made by a cardano holder anywhere on the internet, ever

>>56897278
This is a funny meme but completely wrong and for that reason your a faggot

>>56897159
>Your an idiot

>>56897334
>your a faggot
proving my point

>>56896098
eth is bottlenecked by storage exactly BECAUSE it doesn't use utxo you absolute retard
because rather than just a utxo set you have to store a full state with accounts
you'll see how streamlined utxo can be when Kaspa begins having smart contracts

>Hoskinson is a cult leader scam artist, Gensler is going to tear him a new one.
>Functional programming is a meme.
>Proof of Stake is too easily manipulated by institutional money.

>>56896098
excuse me supersets are only from runescape clue rewards

>>56895623
I forget what the meme was...
Theres a dapp where you were able to name Charle's sea otter or some shit?
I dont remember

>>56895605
>250tps
Bhahahahahahahahahahahahahahaha

>>56895605
go to bed charles

>>56896024
>>56896084
compelling counter points

>>56897448
Don't waste your time arguing ADA anon I done it before the last bullrun when everyone was shitting on it still and it went from 5c to $3. Nothing that is said here matters.

>>56895605
Just use paypal if all you want is a shit scammy company to process transactions as fast as possible...

>Cardano scales
That is a lie. In the real world that ghostchain can only handle 2 tps at max

>>56897058
>Cardano is best L1 today
Why

>>56895605
all hype, nothing behind the curtain

>>56895605
>leaves out ICP
Of course.
This is like the republican debates.
NIKI HALEY WON!! SHE WON WE SAY!
>Trump not there
kek It's getting pathetic.

>>56897069
ETH is massively centralized as proven by how just a few people decided to move to POS.
eke

>>56895638
KEK
Holy cheet you're delusional. ADA is for normies, that think Charles is smart and handicapped by his autism just to justify his pitch impediment.

Same vibe as SBF. "way too smart" for us to understand vibe.


You love getting scammed anon? keep donating to charles, your money. Personally, I'd literally rather buy any other straight up meme coin than ADA.

No pumpNomics.
No tech
No memes
No love
No dapps

Nothing burger.
why do you keep to continue hype such turd.