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Author Topic: Ethereum Vs Cardano  (Read 446 times)
Why you bully me (OP)
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January 16, 2023, 05:22:30 PM
 #1

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
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January 16, 2023, 08:32:26 PM
 #2

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.

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January 16, 2023, 10:44:26 PM
 #3

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

No, eth has ton of development too and truth to be told Charles Hoskinson doesn't seem that smart. I mean he is smart but compared to ETH dev team he seems like he has impossible mission ahead him.
Ad then there are the devs, ETH has the lead and devs who want to make money stay on the chain that has most users for their tech.

ADA and almost every altcoin out there has been predicted to be an ETH killer, but somehow people don't understand that eth doesn't need to be killed. If someone has a new approach they can just do that. ETH and BTC can live side by side as they are not killing each other. They are doing somehing completely different. So it should be with newcomers. They should be fixing something ETH or BTC isn't fixing. Visionaries are building new things. They aren't next anything, they are themselves that others want to be next.

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January 16, 2023, 11:13:51 PM
 #4

I think ETH will still remain the number two cryptocurrency, You have got to understand too when it comes to adoption, it's way ahead of Cardano and now that it has gone POS, even possible Ethereum killers like Solana, Poldadot, Ada etc won't be able to overthrow ETH. Ethereum's weakest point was probably the ridiculously high transaction fees during the bull markets.

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January 16, 2023, 11:15:23 PM
 #5

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

No, eth has ton of development too and truth to be told Charles Hoskinson doesn't seem that smart. I mean he is smart but compared to ETH dev team he seems like he has impossible mission ahead him.
Ad then there are the devs, ETH has the lead and devs who want to make money stay on the chain that has most users for their tech.

Yeah, but you have to understand that Charles Hoskinson was once the developer of ETH too, so at some point he knows what he is doing and perhaps looking at his competitor and whatnot. Or having his own roadmap for this project. And if I'm not mistaken, he continue to developed ADA and he keeps on giving us update as much as he can in social medias.

ADA and almost every altcoin out there has been predicted to be an ETH killer, but somehow people don't understand that eth doesn't need to be killed. If someone has a new approach they can just do that. ETH and BTC can live side by side as they are not killing each other. They are doing somehing completely different. So it should be with newcomers. They should be fixing something ETH or BTC isn't fixing. Visionaries are building new things. They aren't next anything, they are themselves that others want to be next.

I do believed that there will be no ETH killer, we have heard this since 2017 and we haven't seen one even getting closer to ETH as far as the pricing goes. If this is the gauge for being a ETH killer. There are a lot of good alternatives though, but it seems that investors are just on the safe side. Putting their money on the prime movers like ETH and let their money grow.

But I wouldn't say that ADA is a bad investment, it could give 10x or higher this next bull run, I speculate.

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January 16, 2023, 11:32:13 PM
 #6

even if erc20 converter was succesfully made, doesn't necessarily means people would just migrate over, but if eth didn't solve its high gas fee, then i'm sure people would have no choice but to migrate over to ada, there are many features that said to be eth killer by many smart contract coins yet eth still standing strong until this day, only time will show whether ada could really kill eth in the future.
even though i'm sure that eth will just hold its position as 2nd because frankly there are simply too many projects that are generally good quality ones in eth and eth itself is already being considered as btc alternative in term of investment therefore it gonna get 2nd most of the investment flow.

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January 16, 2023, 11:35:07 PM
 #7

Though these both cryptocurrencies have the same network POS system I think Ethereum will always remain in the second position in the market.
But they've different purposes, ADA is the monetary transactions and support for smart contracts while ETH stand-alone with smart contract support which is only a single layer of managing the smart contract and the dApp.  This is many, many projects are preferred to use ETH because it focused on one purpose of decentralization.

How many coins that competing with ETH or considering an ETH killer?  But none of them has succeeded.
My vote is still on ETH but ADA is also still useful.

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January 16, 2023, 11:42:12 PM
 #8

Though these both cryptocurrencies have the same network POS system I think Ethereum will always remain in the second position in the market.
But they've different purposes, ADA is the monetary transactions and support for smart contracts while ETH stand-alone with smart contract support which is only a single layer of managing the smart contract and the dApp.  This is many, many projects are preferred to use ETH because it focused on one purpose of decentralization.

How many coins that competing with ETH or considering an ETH killer?  But none of them has succeeded.
My vote is still on ETH but ADA is also still useful.

it will be a long way to go before another network will surpass ETH network. that is true, how many networks have been created to kill ETH but none of them so far has attained the same popularity of ETH. i believe the advantage of ETH is that it is backed by a known dev, Buterin, who is still sincere in developing its network to serve better the whole community. maybe, if his dev team will stop innovating, that's when a new network will overcome ETH's popularity.

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January 17, 2023, 12:40:18 AM
 #9

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
This competition is already aged. I believe that Cardano is already far from Ethereum a long time ago, even Cardano (ADA) was created before. Even before, there are already a lot of issues with Cardano before, and a lot of people telling also that Cardano is because of smart contracts even though Cardano is already here a long time ago but there are still no working or real products.
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January 17, 2023, 01:14:25 AM
 #10

Cardano, Solana, Aptos... There are so many alternatives to Ethereum that they become a bunch of altcoins we can't exactly differentiate one from each other, while Ethereum remains where it is, in evidence, and there isn't any signal this is going to change soon. Investors have developed a strong bond with Ethereum, similar to the even stronger bond they have with Bitcoin. That is not the kind of thing rival altcoins easily break. Even expensive gas fees weren't enough to decrease ETH's popularity.

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January 17, 2023, 04:01:59 AM
 #11

Do you think cardano will over take ethereum in terms of tech with voltaire being worked on this year.
If Cardano is actually good, their team don't have to name their project as an Ethereum killer. Any project want to define themselves like this won't succeed to kill Ethereum. They tried to use a noisy name to PR their projects and attract investors.

Ethereum is a biggest alternate cryptocurrency project and it has a solid position in top of cryptocurrency market many years. Cardano has to succeed many more years to closely touch Ethereum on top of market ranking table. Beating Ethereum, killing Ethereum is impossible for Cardano.

Developers always promise a lot with their innovative technologies but you must wait months and years to see how their technologies perform in reality.

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January 17, 2023, 04:13:10 AM
 #12

I think, Ethereum will be favourable in both long term and short term trading in this season than Cardano, because Ethereum is still maintaining the second position among other cryptocurrencies which is part of some of the things that made many traders to prefer to invest more on Ethereum than any other coins in the community. I don't think, Cardano is more popular than Ethereum because looking at the population around Ethereum showed that Ethereum teams are very active to give their investors what they want at the end of their investments.

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January 17, 2023, 07:18:03 AM
 #13

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.


You think over 1t marketcap is reasonable for both coins? 100x on cardano seems too much but maybe perhaps 10x on eth as how popular it is.
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January 17, 2023, 08:15:34 AM
 #14

Well, if Vitalik will reduce the fees as he promised, then Cardano has no chance.
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January 17, 2023, 09:08:39 AM
 #15

Though these both cryptocurrencies have the same network POS system I think Ethereum will always remain in the second position in the market.
But they've different purposes, ADA is the monetary transactions and support for smart contracts while ETH stand-alone with smart contract support which is only a single layer of managing the smart contract and the dApp.  This is many, many projects are preferred to use ETH because it focused on one purpose of decentralization.

How many coins that competing with ETH or considering an ETH killer?  But none of them has succeeded.
My vote is still on ETH but ADA is also still useful.

it will be a long way to go before another network will surpass ETH network. that is true, how many networks have been created to kill ETH but none of them so far has attained the same popularity of ETH. i believe the advantage of ETH is that it is backed by a known dev, Buterin, who is still sincere in developing its network to serve better the whole community. maybe, if his dev team will stop innovating, that's when a new network will overcome ETH's popularity.
It will be difficult for sure if a network is targeted to kill the Ethereum network,
it's not an easy job and there will be difficulties too,
Ethereum has a good team and they are continuously developing.

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January 17, 2023, 10:37:32 AM
 #16

Yeah, but you have to understand that Charles Hoskinson was once the developer of ETH too, so at some point he knows what he is doing and perhaps looking at his competitor and whatnot. Or having his own roadmap for this project. And if I'm not mistaken, he continue to developed ADA and he keeps on giving us update as much as he can in social medias.
Yeah, i understand that he is one of the founders it but it doesn't change what i said. I just think that people have been overestimating his skills as somekind of renaissance man. He has however lots of funds to hire talented developers for him. And i know for a fact that some of the most talented ones have rejected his offer of ludicrous amount of money because they see his goals uninspirational and even futile.

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January 17, 2023, 10:42:56 AM
 #17

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

Though Cardano is one of the most decentralized and secure network , with ongoing development  and new partnership are being formed,  but it is unlikely that it can challenge leading role of crypto in the near future. The pace of development on Ethereum is outstanding with largest number of developers worldwide, which no other network can match. That is why Ethereum is always first choice of high profile projects to launch on.









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January 17, 2023, 03:45:09 PM
 #18

it's just difficult in killing eth, even though ada has shown quite good progression regardless I'm sure eth will just stay the second highest coin, even the conversion will be quite mundane, I think ada should worry about matic and solana first before talking about killing ethereum because they seems pose more threat against ada in term of market value and capitalization.



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January 17, 2023, 03:59:38 PM
 #19


The value is just too far for ADA to race. But it has something to offer at least to the newcomers in crypto since it had some plans for easy migration of ERC tokens to bridge to the ADA network. It can't beat ETH but it does have its own pace.

ADA has been in the top 10 of the CMC for years and had definitely increased its value since. In this next bull cycle, we shall see more of its development because of Voltaire.


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January 18, 2023, 01:41:06 AM
Last edit: January 18, 2023, 02:36:46 AM by Sayeds56
 #20


The value is just too far for ADA to race. But it has something to offer at least to the newcomers in crypto since it had some plans for easy migration of ERC tokens to bridge to the ADA network. It can't beat ETH but it does have its own pace.

ADA has been in the top 10 of the CMC for years and had definitely increased its value since. In this next bull cycle, we shall see more of its development because of Voltaire.

You are absolutely right that price of Cardano is too far from Ethereum, and its pace of development is also very slow compared to Ethereum. The total supply of Cardano is 45 billion which is huge, and there is no burning mechanism in place to reduce it to boost the price. the team is also planning to launch algorithmic stable coin (DJED) in first quarter of 2023 on Cardano block chain & it will be integrated with partners and decentralized exchanges which will reward users for providing liquidity. However, the failure of UST stable coin has led to negative perception about algorithmic stable coins, and it remains to be seen, how well this stable coin is received in the market.

https://cointelegraph.com/news/cardano-to-launch-new-algorithmic-stablecoin-in-2023









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