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Author Topic: Will Cardano overthrow Ethereum?  (Read 5178 times)
totaleclipseofthebank
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May 03, 2021, 05:14:26 PM
 #41

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?
How can it happen when I have no information about any project of ada? Might be im too in favor of ethereum. As you can see, best tokens always choose ethereum to start their journey. At the moment, they consider to move to BSC because of the faster blockchain. So where is the room for ADA here. It has to surpass binance coin if they want to overcome ethereum. Impossible. Ethereum will always be the king of altcoins

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May 03, 2021, 05:33:23 PM
 #42

no one can overthrow Ethereum including Cardano, because until whenever Ethereum will be the king of all altcoin and of course many people will still support Ethereum, so it will be difficult to overthrow and replace Ethereum, therefore even though Cardano is currently very popular and the price of Cardano has increased very high, but Cardano still can't beat and overthrow Ethereum.

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May 03, 2021, 05:51:29 PM
 #43

To defeat Ethereum, competitors need a huge number of developers and good projects that will work on their blockchain.
Compare the Ethereum ecosystem and the Cardano ecosystem.
Which will happen faster: Ethereum launches ETH 2.0 and solves the high fees issues, or Cardano brings in thousands of developers?

I have to disagree with you here. The competitors need a bunch of dedicated developers, and not huge numbers of them. Ethereum has thousands of active developers working for them. And still they haven't found a way to reduce the insane transaction fees, which have been plaguing the ERC-20 chain for the last 6-7 months. Quantity doesn't matter. It is quality which matters. Even with a small number of dedicated developers, Cardano is proving to be much superior when compared to Ethereum in a lot of parameters.
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May 03, 2021, 06:10:36 PM
 #44

Yes, I completely agree with what you say and it is certainly not that easy to overthrow ethereum,
indeed cardano is one of the potential coins but its level is still far from ethereum,
it is certain that the team will certainly not stand idle by. They will do something to solve the problem
True, in general Ethereum is very difficult to be surpassed by other tokens at this time, although it could possibly be superior but all of them need a lot of hard work and time to fight against Ethereum, especially if at this time the transaction gas fees on Ethereum have experienced decline, so there will be even more using Ethereum.
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May 03, 2021, 06:12:16 PM
 #45

To defeat Ethereum, competitors need a huge number of developers and good projects that will work on their blockchain.
Compare the Ethereum ecosystem and the Cardano ecosystem.
Which will happen faster: Ethereum launches ETH 2.0 and solves the high fees issues, or Cardano brings in thousands of developers?

agree
and seems that Ethereum will launch 2.0 faster than Cardano their smart contracts in the end, joking, but there is a lag from Cardano to deploy their Alonzo hard-fork, so there is a point in this one
on the other hand, miners forced Ethereum into 2.0 test-net and merge, which could result in main-net merge this year, which would be catalyst for all killers, not to mention EIP-1559 in July
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May 03, 2021, 08:04:46 PM
 #46

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?
How can it happen when I have no information about any project of ada? Might be im too in favor of ethereum. As you can see, best tokens always choose ethereum to start their journey. At the moment, they consider to move to BSC because of the faster blockchain. So where is the room for ADA here. It has to surpass binance coin if they want to overcome ethereum. Impossible. Ethereum will always be the king of altcoins

Since ethereum is the king of altcoin,how it will be replaced by the another altcoin.ADA had some traders,but the number of traders will be increased in future.Litecoin had a good investors as like a investors in Ethereum.But check the price of ethereum now,it crossed the value of 3200$.And Cardano will not overthrow the ethereum at any point.

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May 03, 2021, 08:19:39 PM
 #47

Everything is speculation at this stage, Eth is at a all time high, I still remember the days of $13 ETH
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May 03, 2021, 08:35:14 PM
 #48

Market cap of Ethereum and Cardano are far from each other. So if ever Cardano reaches $12, the price of Ethereum will be higher than $3k by that time.


This actually have a sense. When compared to ETH, ADA has a far and lower trading volume. That only indicates that the progress of eth, even cardano surge up 50x will not gonna overthrow or surpass eth's capability and development.

I have also seen the great use of smart contracts of eth in crypto industry and most of the investors has a high belief on eth rather than ADA.
Yes.

Many prefer Eth in smart contracts and even having it as an investment. These two are incomparable but ADA is also one of the top coins. But if it's going to be which one is better and if it will dethrone the other.

I think that topic must be spared and just focus on your goal on holding whether it is ada or eth.

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May 03, 2021, 08:36:03 PM
 #49

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.
People are expecting too much from certain projects, it makes no sense at all, I do not know why people are expecting that much from some simple projects in the end. Cardano is good and all, but it is not at ethereum level, nothing is, only bitcoin is above it, ethereum reached literally near 3k levels these days and you are expecting other projects to reach and go above that? There is no situation where it could happen and I do not get why people expect that.

Cardano could do 10x and it would still not reach ethereum, does that mean that buying cardano a bad deal? If in a world where ethereum is still the same price but cardano goes 10x higher that means buying ethereum is not a good idea, buying cardano is a good idea, and that doesn't really mean cardano has to go over ethereum in order for it to be a good investment in the end for all of us, it just means ethereum is way too big.

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May 03, 2021, 08:37:32 PM
 #50

Back in 2017 when I first invested in ADA Cardano and afterward decided to do some research on the project, what I read about ADA wasn't nice, people thought it was some scam project and it is not going to do well, I couldn't wait to sell off my bag then, here we are now and Cardano is been compared not only with Ethereum but even thinking of a possible overthrow.I understand how the eth gas fees has caused all this issue and I also believe that is been checked and gas fees are actually reduced now. I believe Cardano is a good project but I really dont see it flipping Eth not in the nearest future though.
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May 03, 2021, 08:53:23 PM
 #51

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?
It is to see that the main concern is the transaction fee.
Yeah, the ETH gas fee is very high and not acceptable to us but it wasn't enough that ADA could make to dethrone Ethereum. No, it is not about the fee nor it is also about the price. Does ADA perform well more than what we can see from ETH? I'd never see it, right? And there is nothing we could believe that ADA will do more even to wait for a decade because even before ADA doesn't have such an important role in the market, unlike ETH.

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May 03, 2021, 08:56:58 PM
 #52

Back in 2017 when I first invested in ADA Cardano and afterward decided to do some research on the project, what I read about ADA wasn't nice, people thought it was some scam project and it is not going to do well, I couldn't wait to sell off my bag then, here we are now and Cardano is been compared not only with Ethereum but even thinking of a possible overthrow.I understand how the eth gas fees has caused all this issue and I also believe that is been checked and gas fees are actually reduced now. I believe Cardano is a good project but I really dont see it flipping Eth not in the nearest future though.
my vision of Cardano is more bullish than yours, I recognize in devs the desire to build new decentralized applications and I think that the choice to use the binance smart chain was a mandatory decision to solve the problem of ethereum's high fees ... Cardano is a blockchain designed to achieve this goal and also the news regarding adoption in Africa make it one of the blockchains projected towards the mass adoption of ordinary people.
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May 03, 2021, 10:06:36 PM
 #53

Quote
In the next 5 years cardano will always below the ethereum in market capitalizations
Posted on: Today at 08:56:58 PM

I think the scientific approach of Cardano will make the new Altcoin Boss.
Cardano is a blockchain is far more complete, now we can see only the top of the aisberg but in the future I think will be a solid base for what will come.
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May 03, 2021, 10:11:10 PM
 #54

I know ADA is one of the best coin in crypto but i don't think ADA can overthrow ETH. ETH 2.0 isn't release yet, when it release boom ETH will be more usefull than before. ETH will keep rising and to be honest both of this coin is my favorite.

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May 03, 2021, 11:46:14 PM
 #55

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?

the marketcap of cardano will not bigger than ethereum mate, because thereum is too strong for its competitors now
even i believe, in the next 5 years cardano will always below the ethereum in market capitalizations

if you say 5 years from now it will happen because the process to make the price high requires a lot of struggle, have to increase the use of cardano and of course improve the program so that it can be used by many people and will make the price go up in the future, if you able to hold up to the next 5 years then do it.

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May 03, 2021, 11:59:48 PM
 #56

When ETH was having its transaction issues i was expecting the developers to make a move and fortunately for BSC they had a good team who is looking to replicate the entire market and they like to dominate them by simply making their own version of the product by copying the source code and then making some minor changes and yet they are getting new developers migrating towards them while none of the other projects are able to do so. If Cardano is able to attract developers then they can match with Ethereum but overthrowing them is still a dream which they might not ever fulfill.
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May 04, 2021, 12:54:32 AM
 #57

ADA is not better than ETH but its got better distribution to which I think is more important and its cheaper, for now, that gives you an opportunity. Anyone right now could still buy and stake and its getting more contract from the governments in Africa as they were hyping.

The one that is very impressive in ADA is their Oroborous consensus protocol because it's fairer than ETH and probably the rest of the platform projects like DOT and so on. It gives a better platform for all and I've interoperability is easier.

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May 04, 2021, 01:58:25 AM
 #58

Cardano and BNB collaboration won't even overthrow ETH, despite the issue with ethereum scalability, ETH is still a house to many great project start up and it's the smartcontract with the highest user base, it's more decentralized than BNB.

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May 04, 2021, 04:05:33 AM
 #59

For me. it is absolutely impossible, what are the factors that could overthrow ETH? eth always innovates services for their members. there are still many projects that have the opportunity to compete with ETH besides ADA
I agree with you, although for now ADA is very popular and the price has increased very high, but in my opinion ADA will never overthrow Ethereum, because Ethereum is more popular than ADA and I believed when ETH 2.0 was launched, then Ethereum will be more popular and of course the price of Ethereum will increase even higher than the current price, so it will be more difficult for ADA to overthrow Ethereum.

Did you see that current price increase in ETH ? Many people say that ADA or DOT will replace ETH but this will never happen. ADA and DOT technology may be better in some way but no one can replace the decentralized nature of ETH. ETH has been there since 2017 with smart contracts and we are yet to see how smart contracts will work on ADA or DOT.

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southerngentuk
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May 04, 2021, 04:50:05 AM
 #60

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 have a completely different mindset from you, after many years of joining this market, there was a time when I thought that Ethereum will soon be replaced by the rise of many projects. But up to the present time I have not seen a project capable of competing with Ethereum in the present or the future, looking back at the past when people are not aware of this market, many opinions. Thinking that Ethereum is too bad to develop, the Ethereum team always shows us the trust and safety of this market, with bitcoin I think it will gradually become an asset for us to have storage, while Ethereum will help apply to life in many practical fields rather than an asset. I will come back to create a discussion topic about Ethereum when it explodes and goes past $5000, at which point I want to see what people who don't believe in it will think.

SUGAR
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