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Author Topic: Ethereum Vs Cardano  (Read 446 times)
Dr.Osh
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January 28, 2023, 06:04:50 AM
 #61

Cardano is a lot cheaper than ETH so we may see newbies decide that Cardano is a better option for them than ETH. I think both will do really well in the next bull run but if I had to pick one to invest in right now I would pick Cardano.

I think ETH could do a 10 to 15 x increase in price in the next big bull market but Cardano has a higher ceiling, maybe it could easily do 100 x increase.
well, if we look at it from a price point of view, then Cardano has a pretty good advantage to take advantage of, because the price is cheap, and it's very suitable for all types of investors. Moreover, the potential is also quite good in the future. however, comparing it to Ethereum as a whole, I would probably prefer Ethereum. it's because of the prospects that Ethereum already has, as well as its current developments. I feel that the benefits of Ethereum are much wider than Cardano.

after all, both are good coins. choosing one of them won't be a big problem, it's just a matter of how we choose a profit strategy in the future. I'm probably more inclined to use Ethereum than Cardano. it's because my goal is to own more Ethereum and hold it for a long time.

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January 28, 2023, 08:19:01 AM
 #62

Well, if Vitalik will reduce the fees as he promised, then Cardano has no chance.
This is only one reason i don’t like to use Etherum in the bull season, i think it’s a big problem for all the users who guys making transaction in eth network, even in the last bull market i spend 200$ gas fees in a single transaction you believe it or not. So here fee is crazy but i don’t think cardano will overtake eth because eth is number two coin.

Yeah and that's why they move to PoS already to solved that high fees, (similar to bitcoin network in 2017 bull run wherein the network is clogged). I think I can understand you reason because I have the same experience as well. But it seems that the market has settled down already.

As for Cardano, I think it shouldn't be look at a competitor of Ethereum in any way.

But a good project that we can invest as well in this bear market because it's cheap and in my personal opinion, should be one of those coins that will enjoy a good success in the next bull run.

A good project to look upon as there are still great opportunities to buy this coin while the value still down I mean away from the last time high, being a wise investor, if you can buy and hold then set your target, bullrun will comeback and the market will again bring decent benefits for every investor who pick the right project to invest in.

Either ETH or ADA as long as you understand how you'll be compensated, then it's up to your own judgement to invest.

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January 28, 2023, 02:16:13 PM
 #63

Ethereum is certainly a network that has the most populous network, it can be said that more than 35% of the project uses the ERC20 network, and now ETH costs are also getting cheaper for swaps and transactions, and speeds are certainly better than Cardano, and in my opinion Cardano needs a more complex test To be able to say equivalent or better than Ethereum.


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January 28, 2023, 02:34:10 PM
 #64

Ethereum is certainly a network that has the most populous network, it can be said that more than 35% of the project uses the ERC20 network, and now ETH costs are also getting cheaper for swaps and transactions, and speeds are certainly better than Cardano, and in my opinion Cardano needs a more complex test To be able to say equivalent or better than Ethereum.

That is also because Cardano hasn't been completed. So far it's on Voltaire stage but we can already see there are tons of projects on it compare to that popular platforms today such as SOL, DOT or AVAX.

The CMC rank can say a lot about the project but most of the tokens created on top of ADA are not listed anywhere. The most known to exchanges are the ERC20 tokens. This evaluation probably has to be updated when ADA had fully transitioned to its fullest.


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January 28, 2023, 09:04:10 PM
 #65

Do you think cardano will over take ethereum in terms of tech with voltaire being worked on this year. Along with erc20 converter for easy conversion to cardano via ethereum.   Cheesy

Why do you look at it as a competition? The future of decentralized apps will be multi chain according to Ethereum's main website, that means they don't look at other smart contract platforms as competitors, maybe because one blockchain can't provide all of the three features that must be in a blockchain, which are security, scalability, and decentralization. All available blockchains provide only two of the three mentioned features. Therefore, we should look at its roles as complementary roles.

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January 28, 2023, 09:29:00 PM
 #66

Do you think cardano will over take ethereum in terms of tech with voltaire being worked on this year. Along with erc20 converter for easy conversion to cardano via ethereum.   Cheesy
ADA serve its own purpose while ETH are doing the same thing, they are both focus on their chosen field and they are not too focused about the competition. I know many are expecting that ADA will be and ETH killer the moment in launched before because of the hype, but look at ETH now it is still doing great and no altcoins yet are ready to replace ETH. ADA should work for more good updates that can actually attract new investors by this, maybe there’s a chance but of course don’t expect that much.

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January 28, 2023, 10:52:30 PM
 #67

it just doesn't matter how much ethereum killer are made they'd never gain success.
the ethereum killer in the past we know like EOS and etc are just temporarily gaining fame and then fades, meanwhile ethereum still standing strong, eventually I guess the newer ethereum killer will also have the same fate.
these so called ethereum killer should just learn in becoming good blockchain instead, then fame will also comes along the way.



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January 29, 2023, 09:42:02 PM
 #68

I think POS wasn't the reason ETH become popular instead it's an attempt to mitigate it from scaling issues and also for eth in going greener, meanwhile even when eth was still POW it was so popular that even the fee increase so high. the POS was part of the solution in effort to decrease the scaling issue in which has motivated many coins to become 2nd layer solution.
and so far it seems this works, not solving the problems entirely, there's something still need solution.
POS It's not the main reason for ETH's popularity, POS is only a trigger for ETH to be in demand again because the migration made from POW to POS makes fees cheaper and transactions are confirmed faster. ETH always had fee issues at first when the spike in transactions was happening, but now that's not the case anymore. Become a solution and create layers for ETH and several other networks that follow in ETH's footsteps. But there are still many problems that ETH has to solve, it is still in the development process.
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