/biz/ - Business & Finance

[Anonymous No.29760075]

>no use case at this time
>no developers planning to use it
>no developers planning to migrate to it
>no partnerships
>no guarantee that there won't be delays
And yet:
>35 billion market cap
Please help me understand this, it makes absolutely no sense.

[Anonymous No.29760168]

>>29760075
fomo meta

[Anonymous No.29760191]

>>29760075
Sounds like you didn't do your research brainlet. Kys

[Anonymous No.29760382]

>>29760075
Cardano has more developer activity than ETH. Thousands of Russians, Chinese, and Indians churning out pump-and-dump rugpull tokens and defi scams on Ethereum doesn't count.

[Anonymous No.29760457]

>>29760191
Instead of calling me a brainlet, why don't you give me a list of projects that will use Cardano?
Even if it releases it on schedule, why what guarantee do you have that it will be used? Look at Nano, it's been finished for a long time and is better than Ethereum in most ways, it is not being used and no one wants to migrate to it.

[Anonymous No.29760591]

>>29760075
well, take your own conclusions my friend, on this day and ages what you mentionned is nothing, the last market cap increased since the "bullrun" has been small speculators and normies catching up with their paper hands, now the game revolve arround who can market his shitcoin the best way

[Anonymous No.29760656]

>>29760075
Well annon you don't get is because you are an illiterate dumb fuck.

There are companies already planning to move from eth to cardano.

Oh and turd brain did you know 18 billion usd worth of transactions cost only 7K usd in tx fees while it cost 20 something mil usd to move 17Billion on the eth chain.

Fud harder faggot.

[Anonymous No.29760755]

>>29760457
Fukin google it you slut.

[Anonymous No.29760802]

>>29760382
those metrics mean jack shit and every developer will tell you that.

[Anonymous No.29760858]

>>29760457
>>29760755
Theres like almost none and theres none that matter.
>>29760382
Dev activity on ADA itself is not dev activity on associated chains and DAPPs. Zero use.

[Anonymous No.29760924]

>>29760382
that shit is how old..?

[Anonymous No.29761103]

Why are cardano shill faggots so hostile?

[Anonymous No.29761186]

>>29760075
>no developers planning to use it
>no developers planning to migrate to it
>no partnerships
any proof to back that up uneducated fuck?

[Anonymous No.29761230]

>>29760656
Nano is a lot faster than Eth and also has far lower tx costs but still no one uses it. Eth 2.0 will solve all of its current issues and render all the competition obsolete. Do you even have any guarantee that Cardano will be operational before Eth 2.0 release?

[Anonymous No.29761273]

>>29761103
Because we have been waiting for so long to rub this in your face.

Bag holder since 0.02.

[Anonymous No.29761280]

>>29761103
cardano fudfaggots are worse, what's your point?

[Anonymous No.29761380]

>>29760075
Hahahaahhhahahahahaahhaahha

[Anonymous No.29761392]

>>29760075
retail hype like XRP
having delivery perpetually right around the corner allows expectations to be at infinity, no matter how ridiculous
best case scenario is usable dapps within a year, reality is probably tezos 2.0

[Anonymous No.29761588]

>>29760191
Asking here is a part of the research you dumb mongoloid

[Anonymous No.29761607]

>>29761230
Holy shit this is perhaps the most omega brainlet post I have ever seen

you realize that the point of ETH is not to send ETH tokens back and forth, right?

[Anonymous No.29761648]

>>29761230
I hope eth solves its issues soon otherwise he might lose the 2d spot.

[Anonymous No.29761752]

>>29760075
Everything you listed in not true except for the possibility of delays.

[Anonymous No.29761789]

>>29761230
Ill think about that on my way to the bank.

[Anonymous No.29761836]

Many people will lose money. All normies are onboard. Can only go wrong. As soon as they will see first -20-30% they will dump

[Anonymous No.29761859]

>>29761230
What about gas fees? I thought they said gas fees won’t be fixed with ETH 2.0.

[Anonymous No.29761928]

>>29760075

Tesla:
Sells 500.000 cars
Billions in losses
No working product

Is worth more then all car manf. combined, tell me what i am missing?

[Anonymous No.29762010]

Also: they all think cardano is an “insider tip”. Literally everyone knows. Market is saturated af. This can only go down.

[Anonymous No.29762200]

>>29761836
I can only hope. I’ll buy every bit of it up for cheap. Normies dump BTC when it dips too

[Anonymous No.29762250]

>>29761859

ETH2.0 will have more throughput, therefore can handle a few million tx per Day.

Bit compared to Cardano ETH2.0 is still a shitshow, if you read through the native token support of Cardano.

In Ether you need gas to transact NFTs, in Cardano you just need the token itself.
Therefore a user doesnt need to hold ADA at all to use its token.
I cannot transact anythin in Ether without having some ETH in the same wallet, this is pure shit and stops adoption.

[Anonymous No.29762262]

>>29762010
Yes I am positive it will come down hard. This is literally a textbook example of a speculative bubble. Since ADA has no use case the only thing driving the price is pure speculation.

[Anonymous No.29762311]

>>29762250
Brainwashed

[Anonymous No.29762353]

>>29762010

I think that the market hasnt even started to realize this

[Anonymous No.29762406]

>>29762353
Which cave you living in? It’s literally top 5

[Anonymous No.29762440]

Why do you give a shit which magic internet monies I prefer?

[Anonymous No.29762452]

>>29762262
How does a smart contracts blockchain have no use case...

[Anonymous No.29762514]

>>29762452
Promising it since 2017. Try harder. The time is now. It will probably take another year until dev ecosystem is settled.

[Anonymous No.29762530]

>>29760075
Hey hey heyyyyyyy

[Anonymous No.29762536]

>>29762452
Show me one smart contract that runs on it. You can't. So it has no use case, as of yet.

[Anonymous No.29762599]

>>29760457

Listen Faggot.
This is still early and 90% of this is pure speculation.
DOT is around the same market cap and not produced shit either.
Where the fuck is XRP even used?
One could argue the BTC and Monero are the only "finished products"
Now STFU.

[Anonymous No.29762609]

>>29761230

ETH2.0 doesnt solve all of the issues with UX and chain design flaws like native token support. On the baselayer ETH2.0 will not be able to handle more tx then the current ADA baselayer.

ADA is currently handling as much economical value then Ether, with a fraction of the cost and a chilled chain.

[Anonymous No.29762614]

All those ADA people are brainwashed af.

[Anonymous No.29762679]

>>29762514
So just don’t buy it and move on? Why obsess over an investment you have no ties to. Let the rest of us speculate. All crypto investments are a gamble. I happen to believe there will be heavy adoption and the MHF/Goguen release will only drive the price up. Do what you want.

[Anonymous No.29762683]

>>29760382

Stop using this chart as a reference. Seen you post it 50 times.

It shows Cardano with a 3 billion marketcap.

[Anonymous No.29762763]

And now Ada people get emotional again. What a shitshow.

[Anonymous No.29762765]

>>29762609
MUH TPS

lmfao bro you have no idea what an uphill battle fagdano is going to have trying to bootstrap liquidity. scaling is the easy part

[Anonymous No.29762809]

>>29761230

The final gougen update is going through in 30Days, then Cardano is on the same level as Ether.

ETH2.0 is sheduled to be finished in 2023, by then we are in the middle of the next crypto-winter.

[Anonymous No.29762869]

>>29762809
Delusional? Same level as eth would mean Same ecosystem. Same projects etc. I know literally no big project that has already announced Ada support.

[Anonymous No.29763017]

Developing something like COMP, etc. will take atleast another 3-6months. (Even if also using solidity). But reality is: no dev will chose a platform that has not even run stable with smart contracts for less than a few months.

[Anonymous No.29763038]

the tech for this is garbage because cuckdano is literally delegated proof of stake. There are tons of other coins using the same mechanism which ACTUALLY WORK, like Avalanche or Solana, to name two. Yet these coins have less than 10% of cuckdano's market cap because le redditors think it's hot shit.

[Anonymous No.29763089]

>>29760075
Buy signal

[Anonymous No.29763175]

>>29763038
Who uses AVAX and Solana?

[Anonymous No.29763215]

>>29760075
bubble

[Anonymous No.29763232]

>>29763175
It can be used atleast. ADA has not even a working product.

[Anonymous No.29763271]

>>29763175
ETH killers always dump hard after releasing smart contracts because people realize no one wants to use them.

[Anonymous No.29763298]

>>29760457
Since it seems you have it all figured out,
stop opening useless threads and go buy the fuck you want, idiot.

[Anonymous No.29763340]

>>29763017
Even if you make COMP on ADA, how do you get liquidity? Any native Stablecoins on ADA? Any other assets on ADA that are worth a shit? Fuck no.

Then you have to make an ERC20 bridge and run liquidity mining--which leads to a hilarious predicament; by luring in erc20 holders, you have to expect them to STAY on your chain, but given their bias toward ERC20's, they're likely to just farm and dump, and to top it off, when they move on to greener pastures, they have every incentive to dump the native token rather than pay to cross the ETH bridge because no exchanges deal in wrapped ERC20's.

This is exactly what happened on AVAX btw.

[Anonymous No.29763343]

And why should people even USA ADA over AVAX, BSC etc? And if AVAX fails to attract devs why should ADA succeed?

[Anonymous No.29763414]

>>29763232
Bahahahaha. B-but it can be useddddddd. Why would anyone speculate on Cardano the same way avax and solana we’re invested in based off pure speculation.

[Anonymous No.29763472]

MARVEL OF HUMAN ENGINERING SIRS

DO THE NEEDFUL... buy ADA

[Anonymous No.29763490]

Ada literally is this:

It’s easier to market a dream than a working product. Reality will hit hard once release.

[Anonymous No.29763586]

>>29760075
don't care
candle green
me make money

[Anonymous No.29763683]

>>29763490
unironically this.
I think ETH 2.0 will unironically be released before this faggot finishes his gay roadmap

[sergey1133 No.29763728]

I advise you to sell
Other try to bring you fucking trash

>don’t trust this trash, a lot of trash on biz today
my homie always tells me - wanna mine and get profit - use not eth ecosystem
>check ENQ, this is cool eco for this year

[Anonymous No.29763773]

i dont even care about the product, its pretty obvious it will 2x at least this year due to normies coming in. ill just dump it later after i take profit, thankx

[Anonymous No.29763808]

>>29763490
>Ada literally is this:
>It’s easier to market a dream than a working product. Reality will hit hard once release.
This.

[Anonymous No.29763852]

>>29763773
Normies are in already. It’s all over Reddit , Twitter etc. Even German television broadcaster said something about Ada yesterday.

[Anonymous No.29763869]

>>29762679
Fucking go back this is the whole point of biz

[Anonymous No.29763918]

I can tell who’s losing money today in this thread .. and it ain’t me BASED CHARLES

[Anonymous No.29763957]

ADA is the ultimate normie coin because the IFLS crowd thinks "peer reviewed papers" are unironically used in software development. When's the last time Apple published a peer reviewed paper?

[Anonymous No.29763966]

>>29760457
if you think nano is comparable to ethereum you are a brainlet and should just get out and stick to boomer stocks

[Anonymous No.29763980]

>>29763918
Money will be dumb say. Screen cap this.

[Anonymous No.29764008]

>>29763038
*TrUsT mEeEEEeee

[Anonymous No.29764009]

>>29763869
Kek. The whole point of biz is for you to be a little faggot and spam post Ada FUD? I use it for other purposes

[Anonymous No.29764074]

Monday will be dump day

[Anonymous No.29764156]

The simple question is why you didn't buy ADA, all you have to do is look at the chart.
You could've bought ADA at 0.6, 0.8, 0.99, now you will have to join the $1 club for an easy 3x instead

[Anonymous No.29764170]

Just sold the absolute top. Buying again at $1.05. Repeat.

[Anonymous No.29764214]

>>29764156
I could of bought ADA in 2017 but I passed on that flaming piece of shit

[Anonymous No.29764257]

>>29764170
Swingers, ultimately, get the rope

[Anonymous No.29764273]

BUY BUY BUY SIGNALS SENPAI!

[Anonymous No.29764325]

>>29764257
You mean swingers get all the profits

[Anonymous No.29764345]

>>29760075
boomercoin, normies buying to stake and have stable income.

[Anonymous No.29764366]

>>29763490
You mean like EOS?
>$4 billion

[Anonymous No.29764390]

>>29764008
Not an argument

[Anonymous No.29764593]

>>29763957
> What are RFCs

[Anonymous No.29764701]

>>29761928
Don't mention this to /biz/ it kills the /biz/
I bought into Tesla heavy back when Elon put his foot in his mouth and said the stock was too high, they all said it was a pointless venture while I 8x my money.

[Anonymous No.29764712]

>OP asks for projects using ADA now or in the future
>everything starts seething instead of just answering the question
Massive sell signal

[Anonymous No.29764956]

>>29764712
This. Memes aside, what can it do? Even simple answers like smart contracts or scalability are fine, but what the fuck does it do?

[Anonymous No.29765069]

>>29760075
Line go up all that matters

[Anonymous No.29765210]

>>29761230
> he thinks eth2.0 will roll
anon, I...

[Anonymous No.29765478]

>>29764701
still don't understand why that kind of shit happens
could you explain your thought anon

[Anonymous No.29765628]

>>29760075
Try harder OP. Also I'm not buying your heavy ETH bags. Kek.

[Anonymous No.29766773]

>>29762599
Great, so it's "early", which means Cardano is just going to be replaced down the line anyway, with something even better, if it's even able to get any traction at all in the short window between its launch and when it's obsolete.

The window for all altcoins to execute is getting exponentially smaller and smaller. Large developer-oriented projects like Cardano have an even harder time, because you don't only need to attract the easily influenceable hoards of gullible speculators (see this thread), but they need to attract actual developers, who aren't so easily swayed away from a platform they have large financial incentives in. There's little reason for them to move to a platform that's already at a bloated 40B marketcap, with little room to grow.

[Anonymous No.29766933]

>>29763490
Same as every early Bitcoin killer and Ethereum killer. It's easy to point to the king and say we can do it better, but when it's time to execute they all flounder, get caught up in the same technological, political, and regulatory hurdles they were pointing and laughing at, and don't have any of the inertia and traction what they're trying to kill has.

[Anonymous No.29767220]

>>29760457
I'm gonna make a silly pyramid scheme game.
People will place bets = to the last bet placed + 1(cannot overbet), if no other bets are put in within x blocks they win 99% of all the bets placed. 1% going to the next round as the base.

Each bet is independent, so if you bet 20 someone else bets 21 you'll have to bet 22 bringing your total contribution to 42.

It's a mind game of making sure you don't get out whaled. Theoretically if two whales battled it out and ended up sinking most of their dough a third smaller whale could put in everything and take everything from the first two whales.

[Anonymous No.29767224]

YOU HAD 3 YEARS.
If you did your own research you'll know why it's pumping.
It was a no brainer. It's gonna be huge.
Buy now or be outpriced forever.

[Anonymous No.29767265]

>>29763038
cardano is not delegated proof of stake.

[Anonymous No.29767343]

>>29764956
both.

[Anonymous No.29767414]

>>29767265
>you can delegate your tokens
>not DPoS

[Anonymous No.29767459]

>>29760075
>no use case at this time
lie
>no developers planning to use it
lie
>no developers planning to migrate to it
lie
>no partnerships
lie
>no guarantee that there won't be delays
welcome to planet earth
--- absolute fuckwit

[Anonymous No.29767543]

>>29761230
>Eth 2.0 will solve all of its current issues
no it will not, they have abandoned sharding. eth is a momumental clusterfuck

[Anonymous No.29767547]

>>29767224
>YOU HAD 3 YEARS.
>If you did your own research you'll know why it's pumping.
>It was a no brainer. It's gonna be huge.
>Buy now or be outpriced forever.

It’s gonna be dumping soon. You can’t keep up that price without having an actual product.


“Marketing a dream is always easier than marketing an actual product.” Reality will hit hard.

[Anonymous No.29767582]

>>29767547
It won't go under 80 cents without the entire crypto market crashing

[Anonymous No.29767628]

>>29767582
Remember 2017? I do. Welcome newbie.

[Anonymous No.29767675]

>excellent creator who stays in touch with his community very often
>board of actual brains in control
>Eth-->Ada portability
>attractive price for new crypto investors
>lightning fast
>PoS

There you go.

[Anonymous No.29767788]

>>29767675
so nothing actual useful and just fluff and ponies? ok

[Anonymous No.29767833]

>>29762514
It is 60 days away and you are at cope-damage-control level 9000. it's over for ETH. sharding abandoned, low fees not going away, sailing on a wing and a prayer for some as-of-yet unconceived way to make eth work via L2 communication that would avoid the ETH chain entirely.

[Anonymous No.29767862]

>>29766773
This. Building an dev ecosystem also takes min. a year.

[Anonymous No.29767924]

>>29767414
Yes. Sorry but it's not that simple.
https://emurgo.io/en/blog/explain-proof-of-stake-pos-dpos

[Anonymous No.29767944]

>>29767224
Uh anon it was higher in price 3 years ago

[Anonymous No.29768082]

Here you go niggers.

>Native Assets
https://iohk.io/en/blog/posts/2021/02/18/building-native-tokens-on-cardano-for-pleasure-and-profit/

>Catalyst Round 4 LIVE -- $1 Million Funding for DAPP Developers
https://twitter.com/InputOutputHK/status/1360269326750785536

>Where to Get Inolved in Catalyst - Vote, Comment, Submit Proposal for Funding
https://cardano.ideascale.com/a/index

>THE ONLY MATHEMATICALLY PROVABLY SECURE PoS blockchain
https://iohk.io/en/research/library/papers/ouroboros-praosan-adaptively-securesemi-synchronous-proof-of-stake-protocol/
https://iohk.io/en/blog/posts/2020/03/23/from-classic-to-hydra-the-implementations-of-ouroboros-explained/

>The Most Decentralized Cryptocurrency
>Over 1,600 Stake Pools participatign in Consensus
>100% of all blocks will be produced by the stake pool community by March 31
https://pooltool.io/
https://adapools.org/

>Decentralized Identity - Cardano's Atala PRISM
https://www.atalaprism.io/

>Atala PRISM Demo
https://youtu.be/wemcgPA3IPQ

>ERC-20 Converter:
https://blockchain.news/news/cardano-erc20-converter-cross-chain-communication-extended-interoperability

>Smart Contracts in April
>Solidity, Javascript to Marlowe, Drag & Drop via Marlowe, Hardcore Haskell
>Solidity Smart Contracts 100% Ethereum compatibility via Cardano's KEVM
>Drag and Drop smart secure formally verified smart contract creation via Marlowe
https://alpha.marlowe.iohkdev.io/#/

[Anonymous No.29768097]

Cardano probably biggest most delusional bubble. Devs are choosing their ecosystem and chain NOW. And not in a few months. Also until everything runs stable at Ada it will take some more time.

It will be very hard for cardano to keep up with other chains that have all the features they promise right now.

[Anonymous No.29768147]

Read niggers.

>Multiple Programming Language Support for Smart Contract Creation
>C, C++, C#, Javascript, PHP, Swift, .NET, Objective-C, Rust, Scala

>The future of DeFI requires formal verification (start at 33:00)
https://youtu.be/lj9SlvOIBgU?t=1980

>SingularityNET moving to Cardano and fully focus on Expansion into Cardano - ETH token to have low importance
https://singularitynet.io/

>DNATags™ full conversion to Cardano
https://apnews.com/press-release/accesswire/technology-business-ho-chi-minh-city-financial-technology-ho-chi-minh-9d0cf712d9ad6af0bd918ae63b64c8eb
https://finance.yahoo.com/news/dnatags-tm-convert-ethereum-solidity-140500242.html

>Celsius Network to Cardano - Losing Millions of USD each Year in ETH Fees (start at 26:15)
https://youtu.be/75mjfCNdGnk?t=1575
https://celsius.network/
https://medium.com/daily-highlights-crypto-analysis-news/celsius-network-announces-plans-to-add-cardano-ada-to-its-supported-cryptocurrency-deposit-list-f60621c18bb
https://cointelegraph.com/news/celsius-ceo-thinks-ethereum-could-lose-its-market-dominance-if-this-doesn-t-happen

>BeefChain (only USDA approved blockchain for tracking Beef & Sheep - Multi-billion dollar food-traceability market in the US)
https://beefchain.com/
https://www.forbes.com/sites/benjaminpirus/2019/04/25/beefchain-receives-first-usda-certification-for-a-blockchain-company/?sh=2445651d7607
https://coingeek.com/beef-tracking-gets-easier-as-beefchain-receives-usda-certification/
https://www.ledgerinsights.com/proof-of-steak-blockchain-food-beef-traceability/

>Stablecoin AgeUSD algorithmic stablecoin
https://ergoplatform.org/en/blog/2021-02-05-building-ergo-how-the-ageusd-stablecoin-works/
https://cryptoslate.com/emurgo-ergo-and-iohk-announce-ageusd-the-first-stablecoin-that-will-come-to-cardano/

[Anonymous No.29768210]

I think being compatible with ETH huge. For now Binance Smart Chain is an ETH blockchain alternative, but the devs coming to ADA from ETH may seal the deal imho. Plus Binance is centralized.

[Anonymous No.29768369]

>>29768097
saying theres a network effect right now is like saying myspace had a network effect and that no other social media had a chance. It's way too early in the game still.

[Anonymous No.29768460]

>>29760457
No, just stay away, no one has to give you anything, nigger.

[>>25715755 (OP) No.29768555]

wow so many fucking idiots here it blows the mind...

listen up you fucking faggots who do nothing but fud or wanna rope themselves for missing out on ADA

first off yes it's speculation still, so fucking what, welcome to investing you fucking retards...

next, ADA does not need to kill Ether to succeed, yes i understand this is hard for you retards to understand that multiple chains can be successful, or that things change, and the last five years in crypto doesn't mean shit since it was just the beginning, just like your 14.4 modems, remember those you fucking morons, most of you don't, naturally

lastly, just consider the possibility that there are perhaps things you don't know happening behind the curtains for ADA to have a such big mcap, because it sure as shit is not thanks to biz or reddit that it has such a large mcap.

[>>25715755 (OP) No.29768707]

>>29768555
>there are perhaps things you don't know happening behind the curtains

for example: https://finance.yahoo.com/news/global-crypto-investment-fund-fd7-165800027.html

[Anonymous No.29768748]

>>29767924
So which validator would have more power? Someone with more tokens delegated or someone with fewer tokens delegated?

[Anonymous No.29768869]

scam like Charles

[Anonymous No.29768875]

>>29768369
The thing is that it's highly disingenuous to compare possible future versions of ADA to ETH 1.0.

[Anonymous No.29768891]

>>29766933
Mods out to sticky this shit
excellent post anon

[Anonymous No.29768940]

>>29768369
Facebook came out a year after MySpace. Also comparing eth and ada to MySpace and Facebook is comedic.

[Anonymous No.29769043]

>>29760075
Really not that difficult. Normans don't understand fractional shares or mcap, so think they're priced out of corn and eth. See ada for a dollar and go all in retarded style.

[Anonymous No.29769102]

>>29768940
compare myspace to the facebook whitepaper which has been in development for 6 years and is only shilled by deluded newfags who think $35billion vaporware is undervalued

watching them get absolutely fucking REKT is going to be a great joy. coinbase is 100% going to have a bridge to optimistic ETH within the next two months LMFAO.

[Anonymous No.29769173]

>>29768097
Devs are choosing DOT, corporate and government entities are choosing ADA.
I thought everyone knew that.

[Anonymous No.29769176]

Future millionaires right here.

Like all other people who put money in most obvious top #5 mcap bubble right now.

[Anonymous No.29769340]

>>29769173
How can the choose it already if there is no actual stuff they could develop on released?

[Anonymous No.29769550]

>>29761836
It already dumped from 1.2 to 0.8 literally this week you stupid faggot.

[Anonymous No.29769622]

[Anonymous No.29769647]

>>29760075

[Anonymous No.29769854]

>>29763472
>im an indian first
>politics of hatred is the enemy of human advancement
kek
>he doesn't know about operation paperclip

[Anonymous No.29770021]

Plus security risks. Have fun if you have a sizeable amount of money on this shit. It’s not battletested at all

[Anonymous No.29770098]

>>29769340
You mean the testnet that’s been there for the mainnet launch in literally 3 days?

And unlike new defi platforms that are scrambling to build something presentable on DOT, pre-existing entities aren’t in a rush to get a foothold in an emerging industry, they’re just looking at adopting some new tech.

ADA/DOT is likely going to reflect the Apple/Microsoft relationship. It’s the same competing product at the very core, but they’re going to munch on opposite ends of the ETH market share until they meet at the middle, and by then they’ll have established markedly different demographics.

[Anonymous No.29770182]

>>29769173
Who? Where?

[Anonymous No.29770361]

>>29770098
Top notch delusion. Companies/governments that are interested in blockchain/crypto have already chosen their ecosystem. And I can tell you one thing: they won’t going to choose a platform that has not even been battle tested for 1 year. Imagine you run critical stuff in it and than something like on AVAX happens. No serious business will use Ada in the next few months/years.

[Anonymous No.29770464]

But hey, maybe some state in Africa will use it. Mucho money. Average salary probably above $5.

[Anonymous No.29770595]

>>29770361
No businesses are using blockchain PERIOD lmfao
it's been 3.5 years since enterpise hype started and there is 0 use anywhere

[Anonymous No.29770793]

>>29770021
>Plus security risks.
>It's not battletested at all

You dumb fucking ape. It's literally the most secure platform in the crypto space. The way they designed it makes it impossible to create certain kinds of errors.

"We can ensure that certain sorts of bad programs cannot even be written, by designing those possibilities out of the language. By doing this we can aim to avoid some of the unanticipated exploits which have been a problem for existing blockchains.

We can also more easily check that programs have the properties that we want: for example, in the case of a Marlowe contract, we can make sure that the contract will never fail to make a payment that it should.

Because it is a DSL, we can build special-purpose tools to help people write programs in the language. In the case of Marlowe we can emulate how a contract will behave before it is run for real on the blockchain; this helps us to make sure that the contract we have written is doing what it is intended to."

- https://alpha.marlowe.iohkdev.io/tutorial/index.html

[Anonymous No.29770873]

>>29770793
>blockchains.
>We can also more easily check that programs have the properties that we want: for example, in the case of a Marlowe contract, we can make sure that the contract will never fail to make a payment that it should.
>Because it is a DSL, we can build special-purpose tools to help people write programs in the language. In the case of Marlowe we can emulate how a contract will behave before it is run for real on the blockchain; this helps us to make sure that the contract we have written is doing what it is intended to."


Brainwashed by Ada marketing.

[Anonymous No.29771015]

>>29770098
What gov entities will use ADA?

[Anonymous No.29771071]

>>29760075
OP I told you to buy at $0.30 but instead you called Charles a cuck and said Cardont. Now you're obviously hurting because your coins have dropped massivly and Cardano didn't even notice the dip and kept going. Turns out the Cardano fags have diamond hands and the rest of the cryptos are held by weak hand chans.

[Anonymous No.29771164]

>>29770873
The absolute state. Faggot, don't buy. Get left behind and fomo in at 3 bux.

[Anonymous No.29771295]

>>29763472
IT IS ENTIRELY WRITTEN IN JAVA BY DURGASOFT

[Anonymous No.29771346]

>>29768748
im assuming ur wondering if cardano grows more centralized over time. The second half of this video goes more into that subject https://www.youtube.com/watch?v=0QtQGzqAIiU

[Anonymous No.29771578]

>>29771346
I'm asking you a simple question. Is the power of a staking pool equal to the number of tokens delegated. If it is, then that's literally delegated proof of stake, which is nothing new and AVAX and SOL already use it and can scale to 1000tps

[Anonymous No.29771579]

>>29771071
Every community is pussy.
Only Cardano chads are real men.

[Anonymous No.29771585]

>>29770793

I just leave this here > native token support.

Ethereum would dream about having such a token economy.

[Anonymous No.29771597]

>>29771015
Right now just the Republic of Georgia to deliver an Identity and Credentials Verification solution (Atala PRISM). I'm sure there are more to come, however.

https://www.atalaprism.io/#:~:text=The%20launch%20of%20Atala%20PRISM,of%20this%20smart%2C%20decentralized%20solution.

[Anonymous No.29771727]

OH NO ADABROS WE GOT TOO COCKY

[Anonymous No.29771880]

>>29771578
Are you an idiot?
Seriously !
Are you?
Calling the scientific blueprint of POS a DPOS chain.
Retared motherfucking clown.
Take your unproven, not based on science shit somewhere else.
This here is Cardano and only for high IQ tech chads.

[Anonymous No.29771933]

>>29771578
There is no such thing like - power - of a stake pool in Cardano.


> In PoS blockchains, an individual or group is randomly chosen to verify transactions with computer hardware based on the tokens they have staked, or locked up, in the network as a form of collateral.

-> this is what cardano does


> Delegated Proof-of-Stake (or DPoS) is a popular evolution of the PoS concept, whereby users of the network vote and elect delegates to validate the next block.

>This is what it not does.

[Anonymous No.29772215]

>*shits on cardanoniggers*

Heh, nothing personel kid

[Anonymous No.29772265]

>>29771880
Nice argument based on facts, faggot
>>29771933
So why the fuck do people need to delegate tokens then?

[Anonymous No.29772302]

>>29772215
polkadot is a great chain. It was based on the cardano papers. If you're smart you hold a bag of both and algorand aswell while you are at it

[Anonymous No.29772388]

>>29772302
as a form of colleteral

[Anonymous No.29772585]

>>29772265
Here idiot.
Learn it, but i guess you are far too dumb to understand it anyway .
https://emurgo.io/ja/blog/explain-proof-of-stake-pos-dpos

[Anonymous No.29772637]

>>29770793
> In the case of Marlowe we can emulate how a contract will behave before it is run for real on the blockchain; this helps us to make sure that the contract we have written is doing what it is intended to."

I'm extremely bullish on ADA but this doesn't mean anything. All software development life cycles have testing utilities, mistakes can always be made in Software development and nothing is truly 100% secure.

[Anonymous No.29772728]

>>29772585
I read that article already faggot. you never answer my questions, you just redirect me to some fag website which also doesn't answer my questions. It seems like you know jack shit about how your blockchain works.

[Anonymous No.29772841]

>>29772302
>It was based on the cardano papers

And yet no one is building on cardano. Facebook was also based on ConnectU made by the winklevosses, now tell me again who uses ConnectU??

[Anonymous No.29773026]

>>29760075
Looks like someone got left out lol

[Anonymous No.29773087]

>>29772728
Like i said, you are too dumb.
Show me where Cardano delegators vote for the next block producer.
If you can't , it's POS.
If you can, it's DPOS.

[Anonymous No.29773196]

>>29761230
>and render all the competition obsolete
ETH 2.0 will still be worse than its competition, AVAX, ADA, DOT, ALGO, FTM, BSC. Idiot.

[Anonymous No.29773254]

>>29772841
Fortune 500 + entire nations states will use Cardano .
You will hear it in March.

[Anonymous No.29773269]

>>29772265
Mostly bc. normies do not have enough money. Like in ETH2.0 you need to delegate your coins to a pool if you have less then 32ETH.

@ a value of $2k / ETH you need to invest $65k to run your own pool. Initially it was planned to set this threshold to 1.000ETH.

Just like in ETH2.0 this Parameter can be changed in Cardano via a consensus vote and it is getting lower all 3-4months to allow more individuals to run there own pool.

Going with a pool is just increasing your luck - but in Theorie you can run a pool with 50k 100k ADA or whatever amount you like, but the chance to be lucky enough is really low

[Anonymous No.29773290]

>>29760075
Here is why ADA is going up and isn't stopping anytime soon. I've been following crypto for years and this is the perfect storm of bullishness

>eth fees and miner greed have left a lot of people salty
>massive hype right now as major updates have either been released this year (PoS) or will be released very soon (NATIVE tokens, smart contracts). The vaporware FUD is getting BTFO.
>objectively, Cardano is built on a stronger foundation than ethereum with its native tokens, built in governance, a built in treasury and option to use haskell
>the environmentalism FUD regarding bitcoin is going to become extreme and all PoW projects will suffer from it. You might not care about this issue but look up ESG and why institutions are forced to care about this stuff.
>Cardano has a super dedicated community behind it, over 200k subs on reddit with lots of active discussion on there and on twitter. No other altcoin project comes close (retards on biz will use this as FUD and call it a normie coin when its actually bullish)
>charles hoskinson is a master marketer and is constantly discussing and promoting the project (again retards on biz will actually use this as FUD saying he is getting his vacations paid for. It seems they would actually prefer the leadership of their projects to do nothing to promote it like Tezos kek)
>cardano is a western project and is not held hostage to chinese miners like bitcoin and ethereum
>everyone knows a coinbase listing is coming soon
>cardano is currently the #3 project and is established enough to begin to attract institutional investment (see pic related regarding grayscale)
>dubai fund is already divesting from bitcoin to buy ADA

I know some of you retards made up your mind once a long time ago and decided to passionately hate ADA after chico crypto told you to, but you will unironically neck yourself for not having the best performing asset of this bull run. kek.

[Anonymous No.29773412]

>>29762763
Their leader is low T, so are they.

[Anonymous No.29773415]

>>29773087
Well you need to answer my question. Why do people need to delegate to staking pools then if delegators do nothing for stakers.
Do you even program faggot?
>>29773269
I don't get this. The other anon said that if 100 people delegate to me, my validator or pool or whatever doesn't get a leg up over other validators. If that's true, what's the point of delegating if it doesn't really do anything for the network? Is it just to get normie money?

[Anonymous No.29773460]

>>29770464
>24 posts by this ID
How much ETH are you holding?

[Anonymous No.29773466]

>>29773254
>Fortune 500 + entire nations states will use Cardano .

I have been hearing this since 2017 faggot

[Anonymous No.29773476]

>>29773290
>didn't buy at 4 cents
hurr two more weeks r-r-right?
>didn't buy at 7 cents
it's goin' back to 3 cents bros hahaha
>didn't buy at 12 cents
charles is a known scammer 4 cents tomorrow watch!
>didn't buy at 16 cents
imagine buying the biggest scam in crypto hahahaha
>didn't buy at 30 cents
bros its going back to 12 cents, 50% retrace is inevitable
>didn't buy at 60 cents
why would i buy the top haha you guys are gonna get rekt
>didn't buy at 70 cents
this thing is about to crash any day now.
>didn't buy at 80 cents
you saw that dip to 70 cents? it's all gonna crash soon you'll see
>didn't buy at 90 cents
1 dollar ADA is never gonna happen
>you are here

[Anonymous No.29773766]

>>29773290
Right on point fren.
Bravo.

[Anonymous No.29773828]

>>29772728
OK, so you're literally retarded and have poor reading comprehension skills. It's no one's fault that your dumb ass can't research something on its own. No one has to spoon feed you anything, you obnoxious faggot. If you have legitimate interest then do your own fucking research.

[Anonymous No.29774003]

greyscale investments listed cardano as one of the new cryptocurrencies they are looking to buy

[Anonymous No.29774026]

>>29773828
I work as a programmer. What do you do, faggot?

[Anonymous No.29774222]

>>29760075
Come stake with us

[Anonymous No.29774250]

>>29773828
You know, Bitcoin is DPOW
delegate proof of work,
because f2pool considers NiceHash a standard mining machine and delegate inappropriate mining tasks to it.
You see, it's delegating, too.

hahahaha

[Anonymous No.29774462]

>>29774026
You must be a ETH dev or Solana shit etc...
Better try not to get hacked or exploited.
Cardano is not for you.
You have zero clue about consensus or/and governance .

[Anonymous No.29774571]

Cardano does have a use case. It’s a Paris agreement friendly non-inflationary store of wealth at the very minimum. At most it’s a smart contract platform with high tps and low fees, fewer stack overflow issues for developers, and a tool that does a bunch of stuff the dollar doesn’t.

I bought it when you guys were spamming it was a tranny coin and buying eth.

[Anonymous No.29774611]

>>29773415
The amount of delegators in a pool do not matter at all. The main difference to ETH2.0 is that its min amount needed is also the max amount / node-pool. So that every pool has equal luck to create a block.
In Cardano there is a min / max range based on the voted consensus, therefore the luck / pool is not equal. If you form a group ( pool ) and put the stake together you match other groups / stakeholder and therefore your luck is now better or equal.

[Anonymous No.29774622]

>>29774462
Says the person who literally can't program
>>29774250
bullshit comparison. You delegate to someone who does something malicious - you don't lose tokens. You mine for someone malicious - you lose money from wasting electricity mining orphan blocks.

[Anonymous No.29774700]

>>29774611
ok so more people that delegate to you = your miner is more lucky/powerful right? That's exactly what I thought except the other two anons told me that was wrong.

[Anonymous No.29774719]

>>29774462
>in the last months:
> solana network went down
> avax network went down
> fantom network went down
Only a matter of time till ada fucks up their overbloated code and goes down as well

[Anonymous No.29774721]

>>29773290
They only hate ADA because they assume its some reddit thing.

[Anonymous No.29774820]

>>29762406
Exactly. The market doesn't realize it's shit so it's overvalued to a massive degree.

[Anonymous No.29774831]

>>29774622
I’ve programmed on ethereums network. Do you specifically work in eth? Things that otherwise would be extremely easy to code are difficult because stack overflow issues. The network is absolutely broken. It’s a joke of a joke at this point. Paying $80 for each attempt to testnet a project is absolutely not sustainable. Which is why most ERC tokens just “store value” instead of anything clever.

[Anonymous No.29774913]

>>29760075
Good marketing that appeals to former xrp holders

[Anonymous No.29774925]

>>29760075
Sell it faggot, we don't want the network to be congested with brainlets once governance is implemented.

[Anonymous No.29774964]

>>29774831
Solidity is a joke. Language won’t evolve. I’m excited to learn Plutus. Seems like a better alternative. Who knows when eth will reach proof of stake. Blockchains come and go, eth was a good one, but there comes a time when a rational person needs to cut losses and move forward.

[Anonymous No.29775110]

>>29764214
You refused to take profits because of your political and philosophical views contradict with cardano views or something? I swear 90% of Ada fud coming from retards like you
>sjw nigger coin
>normies are bad
>le reddit is gay

What a fucking retarded faggot you are

[Anonymous No.29775401]

>>29775110
>I hate trannies and black people so I’m going to go all in an extremely resource intensive proof of work coin that won’t outlive the Paris agreement

[Anonymous No.29775426]

>>29774831
You know you can just deploy your contracts on Rinkeby for free?
>>29774964
Solidity took me like 3 days to learn - it's literally C++ which any programmer knows. All the programmers I know don't really use functional programming languages and they aren't going to switch to haskell anytime soon. Keep in mind that going from imperative languages to functional languages is a massive leap. Solidity definitely is easier than other languages so I disagree with your viewpoint. Also, I reviewed Optimism and the principles behind it are sound, so gas fees will go down next month.

[Anonymous No.29775443]

>>29760075
Hela Cheap and getting a ton of hype in normie circles. My mom sent me a flipping email about a youtube she watched saying it was "good" and comparing it to BTC. MOM/EMAIL/YOUTUBE. This coin is Doge 2.0

[Anonymous No.29775486]

>>29762599
XRP can at least boast of it's (former) moneygram partnership

[Anonymous No.29775731]

>>29762599
>One could argue the BTC and Monero are the only "finished products"
>Now STFU.
Everything you said is right.

[Anonymous No.29775858]

>>29774700
Basically yes.
The overall luck is limited via the voted max stake a pool can have and is not changing the impact/power or rewards of such a pool.

[Anonymous No.29775877]

>>29775443
Maybe the normies understand a non-inflationary store of wealth on a sustainable proof of stake platform with smart contract implementation and layer 2 infinite scaling is a logical successor to Bitcoin. Bitcoin does not function as a currency. Ethereum does not actually function. It’s fees are ridiculous and bugs in code cause horrifying errors. I’m excited for the future.

[Anonymous No.29776053]

>>29775486
It has a cashbacks card now.

[Anonymous No.29776058]

>>29774964
Thoughts on Glow?
https://iohk.io/en/blog/posts/2021/02/26/bringing-glow-to-cardano/

[Anonymous No.29776111]

>>29775858
so it still seems like delegated proof of stake to me, because the more delegators you get, the more powerful your validator is. So there is still voting with tokens - the guy with the most amount of tokens gets the most power, up until a limit. However, isn't the max stake easily bypassible, like can't Binance secretly make 5 different pools to get around this? It's pretty much impossible to determine how many validators someone owns.

[Anonymous No.29776117]

>>29774719
That's a pretty good FUD "ADA is going to fail because others fail but not ADA"

[Anonymous No.29776199]

>>29776111
By more powerful I mean your validator will produce more blocks than the other nodes.

[Anonymous No.29777132]

Will it go back to a dollar... Trying to FOMO in

[Anonymous No.29777237]

>>29777132
Better buy in now bro

[Anonymous No.29777947]

switch to Elrond EGLD fockers ! they use RUST. RUST is the fav of new Devs

[Anonymous No.29778264]

>>29777132
Ship has departed