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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ZZOCC on December 01, 2017, 11:20:02 PM



Title: Is Cardano ADA the next Ethereum?
Post by: ZZOCC on December 01, 2017, 11:20:02 PM
Quote
Is Cardano ADA the next Ethereum? (https://www.legalgamblingandthelaw.com/news/cardano-ada-next-ethereum/)

December 1, 2017 by Cameron Bishop (https://www.legalgamblingandthelaw.com/news/author/cameron-bishop/)

While a majority of crypto currency traders and financial market analysts had their eyes glued to the chart of Bitcoin, which was surging above $10,000, a relatively unknown altcoin, known as Cardano (ADA) (https://www.cardanohub.org/en/home/), gained 400% in a single week.

Even after the correction that happened yesterday, still, the crypto currency is up by about 300% to trade at $0.10 levels.

Let us look at the noteworthy developments that is turning investors interest in the crypto currency.

A team of academics, including Charles Hoskinson – co-founder of Ethereum crypto currency (https://www.ethereum.org/) – is behind the project. Further, Cardano has also partnered with IHOK, a well known crypto currency development company.

David Hay on YouTube -->Cardano Coin (ADA) - Could This Really Be The Ethereum Killer? (https://youtu.be/nIpy9NU0KN0)

The project was initiated in 2015, with an aim of becoming the first block chain network to be created from a scientific philosophy. The crypto currency offers unmatched privacy, while catering to the needs of regulators. Currently, as many as 25.9 billion ADA tokens are in circulation. The maximum supply is 45 billion.

The crypto currency is gaining attention for several reasons. Firstly, the smart contract platform uses a new proof of stake algorithm called Ouroboros. According to the developers, the algorithm can defend the block chain against attacks. The algorithm also facilitates creation of side chains, which will protect the privacy of its users and offer unmatched security.

Secondly, the platform uses a new programming language known as Haskell. The mathematical approach of the language enables codes to be written in a secure and reliable manner. That will considerably reduce the bugs which had resulted in losses to the holders of crypto currencies in the recent past. Due to these advantages, some crypto currency experts consider the platform to be better than Ethereum.

Thirdly, Bittrex exchange is the first major exchange to list the ADA coin. Most of the volume is done through this exchange. Fourthly, Cardano is launching an ADA debit card, which can be topped via its wallet, Daedalus (https://daedaluswallet.io/). If that becomes a reality, then the ADA debit card will be useful in day-to-day purchases.

Finally, the company is scheduled to make its crucial roadmap announcement this weekend. Due to the reasons mentioned above, the crypto currency has started rising sharply. If the project development community perform as stated, then we may see further appreciation in the price of the crypto currency.

Source: LegalGamblingandtheLaw.com (https://www.legalgamblingandthelaw.com/news/cardano-ada-next-ethereum/)


Title: Re: Is Cardano ADA the next Ethereum?
Post by: minersday on December 01, 2017, 11:33:11 PM
When it got listed on bittrex this coin exploded, and that is one of the main reasons of why it has been pumped so hard during the last few days.

I still remember when it got listed in coinmarketcap. It suddenly apperead between the top 15 and 20 and it screwed me up.

Maybe it is a good coin, i would never know that, a lot of people are saying that this is just going to be the BOOM of the 2018, but i still have my doubts about it.

Lets just give it some time until we can discover what are going to be the new features about cardano.

I heard that they were selected by google for X kind of project, i dont know if it was true at all.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: 949miner on December 01, 2017, 11:39:33 PM
Hell no, it is never going to be the same as ethereum.

Ethereum has been the second altcoin of all the list since bitcoin started to be pumped this year, almost everybody who has been introduced to cryptos during this year knows that ethereum is like a legacy in there.

And it is never going to be replaced, and less because of an altcoin that has been listed a month ago.

it is pretty new, and it can not defeat the sub-king, lmao . ???

Because it has been developed by one of the co founders of ethereum it does not means that it would be bigger than eth.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: Johnnywelsh on December 01, 2017, 11:48:24 PM
Agree it sounds like the technology will eventually be awesome if it succeeds. But the marketcap already being in the top 9 crypto seems way too bold for my liking.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: NaissuR on December 01, 2017, 11:56:05 PM
When it got listed on bittrex this coin exploded, and that is one of the main reasons of why it has been pumped so hard during the last few days.

I still remember when it got listed in coinmarketcap. It suddenly apperead between the top 15 and 20 and it screwed me up.

Maybe it is a good coin, i would never know that, a lot of people are saying that this is just going to be the BOOM of the 2018, but i still have my doubts about it.

Lets just give it some time until we can discover what are going to be the new features about cardano.

I heard that they were selected by google for X kind of project, i dont know if it was true at all.


its actually not true...
the price was stable for the whole time until last few days
its not because of bittrex

hope that the google thing is true.. it may be because if i would choose a project i choose cardano too


Title: Re: Is Cardano ADA the next Ethereum?
Post by: yugyug on December 02, 2017, 12:04:46 AM
At last i found the one what i am looking for, a cryptocurrency created by a functional programming language called "Haskell", although it is not as popular as other programming language used by cryptocurrency programming but i assured you that Haskell is the most secured programming language but it is more difficult to learn than scrpting language, imperative programming or procedural programming. The term ADA was used but for another trivia ADA was the functional programming language and today it was popularize by Haskell. Haskell programming was mainly used by the banks. I bet it is better than Ethereum in terms of security now i know why does this coin gaining the top 10 spot this week.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: d5000 on December 02, 2017, 12:24:04 AM
I have read this text - or an extremely similar one - some days ago. Seems to be an orchestrated PR buzz campaign with lots of low-quality press releases from Fiverr or similar ;D (I had to smile a bit when they call Haskell a "new programming language" - it's from ~1990. And yeah, "the algorithm defends the blockchain against attacks". What else should do it?).

Anyway, I think the Cardano/Ada project enriches the altcoin sphere, above all it's nice to see an implementation of the good old "Follow the satoshi" algorithm. But the name "Ada" is a bit too bold for the project, I think.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: Elby on December 02, 2017, 12:29:00 AM
NEVER, ADA does not even come close, is a bit an offense for ETH. Mass overproduced coins makes me nervous.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: blockchainmarketus on December 02, 2017, 12:47:26 AM
NEVER, ADA does not even come close, is a bit an offense for ETH. Mass overproduced coins makes me nervous.
People said that NEO would be the next ethereum, this is a way to boost a new coin. ETC is the copy of ethereum. ethereum will have  new competiotors but most users tend to use eth, you can see most ICO use eth platform. even waves has good model of token creation, in fact Waves are not favorite for ICO developers because there are fake token in the dex, dex platform is not user friendly.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: NaissuR on December 02, 2017, 12:51:10 AM
NEVER, ADA does not even come close, is a bit an offense for ETH. Mass overproduced coins makes me nervous.
People said that NEO would be the next ethereum, this is a way to boost a new coin. ETC is the copy of ethereum. ethereum will have  new competiotors but most users tend to use eth, you can see most ICO use eth platform. even waves has good model of token creation, in fact Waves are not favorite for ICO developers because there are fake token in the dex, dex platform is not user friendly.



nothing can be the next ethereum.. cardano tries to be something else and run solidity dApps on it too

Neo does not have 50 professional developers and 10 researchers behind it

cardano blockchain = 40 developers * 2 years = 70k code lines


Title: Re: Is Cardano ADA the next Ethereum?
Post by: popolite11 on December 03, 2017, 08:17:32 PM
 Cardano is sure the coolest project and the altcoin with the brilliant future. Since the beginning of 2017, the project has conducted a series of ICO and they collected over 108,844.5 BTC. Almost the entire amount of collected funds has the Asian origin. ADA is flying up.  ::)


Title: Re: Is Cardano ADA the next Ethereum?
Post by: gazilla on December 03, 2017, 08:49:08 PM
I do not think that Cardano is the next Ethereum (just purchased some last night just in case) because Cardano is still new, but I do think that it has potential as it's creator has just recently been hired by Google, and this is grand, which is also one of the reasons why it shot.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: Praetorian.1legion on December 03, 2017, 08:54:27 PM
Vitalik Buterin named the successor to the EOS etherium. So, a lot of successors were formed.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: BogdanGFTP on December 03, 2017, 09:09:41 PM
I think it is not. The market doesn't need another Ethereum


Title: Re: Is Cardano ADA the next Ethereum?
Post by: GrandBcn on December 03, 2017, 09:12:16 PM
Yes, I was surprised by this sharp jump. I think talking about the fact that ADA is a new ethereum is too exaggerated. Raising the price by 250% per week certainly shock. But for a constant price, you need more time and trust. This is too young a project. However, in the future the potential of this coin is obvious.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: Snorren on December 03, 2017, 09:18:26 PM
I like the main idea with Cardano, the academic approach where all new implementations will be scrutinized thoroughly before implementation. I feel like the current way of cryto is a bit yolo, find a method that works and go with it. Cardano will be slower to market but corporations can be sure their funds won't be unacceptable one day like with parity bug.

I bought Cardano before the boom and didn't expect anything from it for at least 6 months. I'm surprised with the current high market cap since it's not really anything special right now.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: Alns on December 03, 2017, 09:32:25 PM
Well, in fact, it is one of the most biggest projects that is listed on the market right now, but it does not means that it will be the next ethereum.

I can not understand why a lot of people is trying to pump this coin, it is pretty weird, maybe it is because of all that thing with the alliance of google with this project, or maybe because of another thing.

I have been paying a lot of attention to the price of ADA, but it is really scary to see that it has been going up so quickly (even, more quickly than bitcoin, because it made x5 in just a week)


Title: Re: Is Cardano ADA the next Ethereum?
Post by: nsasuiteb on December 03, 2017, 09:38:08 PM
I think not, it can't be the next ethereum to me no coin can be ethereum but if one of them is going to be, it would be probaly neo. It is like a future version of ethereum.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: yareklamator on December 03, 2017, 10:12:00 PM
This is a major project with the support of many investors. But I also have an idea, that the next Ethereum is NEO. The price of ADA is more similar to pump. Someone will earn by selling coins, then it will fall again.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: tamango on December 03, 2017, 10:33:14 PM
I have bought a little and hold them... let's see if 2018 will be a good year for this coin... I also think that NEO is one of most interesting coin to look at now.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: X-ray on December 03, 2017, 10:51:04 PM
NEVER, ADA does not even come close, is a bit an offense for ETH. Mass overproduced coins makes me nervous.
People said that NEO would be the next ethereum, this is a way to boost a new coin. ETC is the copy of ethereum. ethereum will have  new competiotors but most users tend to use eth, you can see most ICO use eth platform. even waves has good model of token creation, in fact Waves are not favorite for ICO developers because there are fake token in the dex, dex platform is not user friendly.
ADA haven't even surpassed the ethereum classic. This article just has a purpose to shilled the ADA project. The cofounder of the ethereum behind the project doesn't mean if the basically the ada project will become big as ethereum. It seems the ada project has created in other way from ethereum. Just like the ADA will be issued the card. This is like the payment based project.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: rainbow169 on December 03, 2017, 11:13:01 PM
To compare with Ethereum, you are comparing not only the technology but also the ecosystem. For example, the D'apps and business running on the platform, development resources available, minging power distribution, leadership and roadmap. There might be one or two area that ADA was designed to excel but until we see the adoption rate going up, it's not even worth making the comparison. Even I am interested in many ethereum challenger like NEO, EOS and ADA, but I don't think they can match ethererum's ecosystem yet. 



Title: Re: Is Cardano ADA the next Ethereum?
Post by: Mike-dey on December 21, 2017, 04:33:59 PM
This coin "ADA" keeps flying and maintaining good position in the exchange market. Am keeping a close watch and may buy some down to see what it becomes next year 2018. Though it would take it some time to stand up with the Queen- ETH.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: seniorPreSaleInvestor on December 21, 2017, 04:44:59 PM
Fucking the ADA coin in this thread here, again ADA is not a godlike currency; theyve been holding my little fund of 135K because of what so-called their tech issue, ive been working with several attorneys to sue them, you don't know that theyve been registering many shell companies around the world and just do the trick of marketing, sales to sell their non-valued legal coins, no practical technical contribution in their effort to our society, they even faked their team profile and recently be caught in red-handed related to money laundering in using customer funds  Cry; @guys don't get trapped by their business plan and feed these kind of japanese scammers FAT   :'(  Be a wisdom investor guys, if you have enough $$$, invest LTC and TRX !

NEVER, ADA does not even come close, is a bit an offense for ETH. Mass overproduced coins makes me nervous.
People said that NEO would be the next ethereum, this is a way to boost a new coin. ETC is the copy of ethereum. ethereum will have  new competiotors but most users tend to use eth, you can see most ICO use eth platform. even waves has good model of token creation, in fact Waves are not favorite for ICO developers because there are fake token in the dex, dex platform is not user friendly.
ADA haven't even surpassed the ethereum classic. This article just has a purpose to shilled the ADA project. The cofounder of the ethereum behind the project doesn't mean if the basically the ada project will become big as ethereum. It seems the ada project has created in other way from ethereum. Just like the ADA will be issued the card. This is like the payment based project.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: cluelessaboutcrypto on December 21, 2017, 04:51:15 PM
I'm adding this to my portfolio. From my research thus far (not a huge amount as yet i admit) it looks solid. Great team and the 3rd gen crypto


Title: Re: Is Cardano ADA the next Ethereum?
Post by: bosses on December 21, 2017, 04:54:07 PM
It is too early to say that he will be the next ethereum because they haven't done anything yet and everything is only on paper.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: kaysersoze on December 21, 2017, 05:12:03 PM
wow why do you all think that this is going to be the next ethereum? It is very far away from being the next ethereum guys..
Stop making false ilutions in here because we all know that this is not possible.
Maybe it has a lot of marketcap right now, but it  does not means anything.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: seriouscoins on December 21, 2017, 05:27:47 PM
ADA is built with serious technology (haskell) and the team looks great; They can be seen in many Youtube vids and Twitter pic posts so they look real to me!

This is a staking coin so it is not mined - people will want lots when staking kicks in.

Checkout the Github pages and see how active these guys are in changing the face of this space.

They have links to many academic institutions with crypto being treated as a science - many detailed docs on their website!

This coin was created with a goal to address many of the design flaws in some of the major coins out there so potentially a serious ETH contender!!!

This project looks great, and the future looks bright for the development of this coin.



Title: Re: Is Cardano ADA the next Ethereum?
Post by: Johnnywelsh on December 23, 2017, 10:41:34 AM
Sounds to me more like a science experiment than an attempt to compete with the old guards. For something to go from 600m marketcap to 10bn marketcap just from being listed on bittrex is mental and people are going to get a nasty shock when they realize none of these X coin replacements are going anywhere and the price tanks,


Title: Re: Is Cardano ADA the next Ethereum?
Post by: myhoho on December 23, 2017, 10:43:12 AM
ADA is growing faster then i imagine. And this is shown on price rise.
I hold few ADA coins and will hold at least they hit ethereum price. ADA is a promising project and needs more attention.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: webmone on December 23, 2017, 06:34:22 PM
When it got listed on bittrex this coin exploded, and that is one of the main reasons of why it has been pumped so hard during the last few days.

I still remember when it got listed in coinmarketcap. It suddenly apperead between the top 15 and 20 and it screwed me up.

Maybe it is a good coin, i would never know that, a lot of people are saying that this is just going to be the BOOM of the 2018, but i still have my doubts about it.

Lets just give it some time until we can discover what are going to be the new features about cardano.

I heard that they were selected by google for X kind of project, i dont know if it was true at all.


The declaration of its ambitions isn’t enough for becoming one the most influential cryptocurrency system in the world. Of course Cardano has own tweak in technology Ouroboros but as we see investor are not very interested in it.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: upsidedown75 on December 24, 2017, 01:12:18 PM
I'm adding this to my portfolio. From my research thus far (not a huge amount as yet i admit) it looks solid. Great team and the 3rd gen crypto
I hope you just do not end up jumping into any project.
It is a free world bro and because someone is asking if ADA is the next Ethereum does not make it the next Ethereum already. Do you have any idea the number of coins fighting for that position ?

If you really want to invest, I will advise you take a look at their website, team and make decisions based on that.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: mR.k0fka on December 24, 2017, 01:15:02 PM
cardano is not the next ethereum.. its going to be something bigger than ethereum, while co-existing with ethereum and building eth dApps to operate with cardano protocol

cardano is going to be way better than ethereum.. saying its the next ethereum is offensive for a project like that
why? because the biggest thing about ethereum is its hype around ICO's...
its slow, not scaling not secure and has many disadvantages that cardano already covered

it will take time for cardano to develop, but its going to be greater than ethereum for sure, and used for more serious applications than etheruem

its already taking part in few research programs for usecases
for example i dont see govt use ethereum to store data or something
while cardano is written in high assurance code and peer reviewed, its high likely that govt can use it for important things


Title: Re: Is Cardano ADA the next Ethereum?
Post by: Dinct on December 24, 2017, 01:25:29 PM
I believe so. Great project with great features backed by a team that know what they are all capable of.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: happyme1818 on December 24, 2017, 01:36:15 PM
We  can never tell unless the features they are boasting are already available.  Ethereum is already been tested like bitcoin. In opinion NEO would be the close competitor or Ethereum in the near future.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: wuvdoll on December 27, 2017, 06:47:02 PM
This coin "ADA" keeps flying and maintaining good position in the exchange market. Am keeping a close watch and may buy some down to see what it becomes next year 2018. Though it would take it some time to stand up with the Queen- ETH.
The fly was a result of the listing. It is normal to see such happen, most especially when they first get listed on a very common and well used exchange. However, this does not mean that a little pinch can still bring it down and it is too early to start comparing this coin to Ethereum. They still have a lot to take care of and even though I am a little optimistic about them, I still have some of my doubts.

It is too early to say that he will be the next ethereum because they haven't done anything yet and everything is only on paper.
Pretty early! Just because the market was pumped does not mean it won't go back down and we all know the reason was because it was listed on bittrex. People these days judge a project based on the value going up and not the main idea of the project, how good the team are and how well they can really get things done. So many coins have tried this kind of shit in the past and where are they now ?


Title: Re: Is Cardano ADA the next Ethereum?
Post by: mummybtc on December 27, 2017, 07:07:46 PM
I think Cardano has good potential to be a big hit in the space, but it is too early to be comparing it with Ethereum, for now Ethereum has dapps running on it though their is a big problem of scaling but this is not perculiar to Ethereum almost all these blockchain apps are having this problem


Title: Re: Is Cardano ADA the next Ethereum?
Post by: Ging on December 28, 2017, 08:38:50 PM
indeed i think cardano is very promising alt that and in adition to many other promising alts such as omg which i think is gaining a lot of pump lately
i personally advice to invest in.


Title: Re: Is Cardano ADA the next Ethereum?
Post by: wvasko on December 28, 2017, 09:11:44 PM
I think no. The ethereum is the future. No coin can replace it yet.