Ethereum Vs Cardano

[bittraffic]

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. But the collapse of UST stable coin has created very negative perception about algorithmic stable coins. the acceptability of this stable coin in the market remains to be seen.

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

So many users are very hyped about this Djed when there is already a stablecoin on ADA namely iUSD. It's synthetic but it does the job for trading after it's been added on Muesliswap, the volume had increased every day.

Why Djed is the awaited is just hyped but according to that article, Djed will be collateralized and backed by $SHEN. How is this a good thing?
I can see this falling apart like LUNA and maybe the reason for the next long bear market in the next cycle.

[Patrol69]

When comparing Ethereum vs Cardano, Ethereum definitely has the upper hand. I consider Ethereum as the most reliable coin after Bitcoin. Ethereum has developed their own platform a lot. Maybe a few days ago a bad news sent the Ethereum market down a lot. However, with the market becoming positive, Ethereum's market has started to change. But if the Bitcoin market is a little more positive, it will be seen that the Ethereum market has changed a lot. Of course I think Ethium is the best ALT coin.

[Sayeds56]

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. But the collapse of UST stable coin has created very negative perception about algorithmic stable coins. the acceptability of this stable coin in the market remains to be seen.

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

So many users are very hyped about this Djed when there is already a stablecoin on ADA namely iUSD. It's synthetic but it does the job for trading after it's been added on Muesliswap, the volume had increased every day.

Why Djed is the awaited is just hyped but according to that article, Djed will be collateralized and backed by $SHEN. How is this a good thing?
I can see this falling apart like LUNA and maybe the reason for the next long bear market in the next cycle.

I agree that launch of stable coin is unlikely to result in bullish trend in Cardano coin, as it is generally viewd as a way to raise funds and is not seen as a positive development. The most important factor in my view, is use case of coin which is very strong in case of Ethereum. It is used in every sector of crypto industry, for creating smart contracts of alts, NFTs, metaverse, artificial intelligence & many mores.

[Rodriguezan]

Cardano can't come anywhere close to Ethereum. As for me, I will choose Ethereum over Cardano any day, any time.

[michellee]

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.  

That's still hard to come by as Cardano needs more support to lift its price near Ethereum. Cardano is currently cheap and you can buy it in large quantities and store it for a long time. But we know that anything can happen so if Cardano can raise its price beyond $1 or even over $4, it will be a surprise for us because we certainly wouldn't expect it, especially if the price could go over $10. Currently, Ethereum is still number 2 in the market and still leads the altcoin position but who knows what will happen in the future.

[Why you bully me]

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.  

That's still hard to come by as Cardano needs more support to lift its price near Ethereum. Cardano is currently cheap and you can buy it in large quantities and store it for a long time. But we know that anything can happen so if Cardano can raise its price beyond $1 or even over $4, it will be a surprise for us because we certainly wouldn't expect it, especially if the price could go over $10. Currently, Ethereum is still number 2 in the market and still leads the altcoin position but who knows what will happen in the future.

I believe in the true bull market cardano should easily surpass 1 and 4 usd as that would be the old ath from previous bull market. The development that has happened since is a lot. New ath should be around 10 usd I believe in the next bull market.

[Yatsan]

Better in terms of what? If as an investment I think Ethereum would be more of a better candidate but if it is with fees (not sure tho') I think Cardano would be be one since it has a lower market value. Ethereum on the other hand is a huge network already from being used to most of the projects and transactions in this industry which makes it capable to withstand every downfall with the market prices and be able to recover afterwards. It has proven "itself" for years as being the next to Bitcoin, thus, this would be a mismatch to compare. Cardano is really promising but that won't make it a better cryptocurrency than ethereum. But these two are really a good investment.

[Shobhikhan_007]

Cardano hype is done by youtubers. Past 2 years most of youtibers said cardano is the next eth killer. It will pass 30$ easily. But here are we. Just like xrp. Those altcoins are good for colcollectors not for someone need profits.

[Sebas.tian]

When comparing Ethereum vs Cardano, Ethereum definitely has the upper hand. I consider Ethereum as the most reliable coin after Bitcoin. Ethereum has developed their own platform a lot. Maybe a few days ago a bad news sent the Ethereum market down a lot. However, with the market becoming positive, Ethereum's market has started to change. But if the Bitcoin market is a little more positive, it will be seen that the Ethereum market has changed a lot. Of course I think Ethium is the best ALT coin.

I agree with you, there are many positive things Ethereum has displayed in the past that Cardano have never display them till now which is part of some of the advantage that will make many traders to choose Ethereum as their best coin in this new year. Ethereum teams are very active just to make both long term traders and short term traders feel good with their plan of achieving something special from their investment in the future, because they believed Ethereum will not allow other coins to take over their second position in the market.

[doomloop]

When comparing Ethereum vs Cardano, Ethereum definitely has the upper hand. I consider Ethereum as the most reliable coin after Bitcoin. Ethereum has developed their own platform a lot. Maybe a few days ago a bad news sent the Ethereum market down a lot. However, with the market becoming positive, Ethereum's market has started to change. But if the Bitcoin market is a little more positive, it will be seen that the Ethereum market has changed a lot. Of course I think Ethium is the best ALT coin.

Yes, that's because ETH went a lot of upgrades already but we never heard any latest updates with Cardano. Comparing them is only good if done on the past when both coins are still kinda new. I remember there are also other coins which was being compared with ETH. Coins such as Waves, Polkadot, Sol and Matic but ETH proves that it is much superior among them. It does not mean that those coins are now bad or we shall now avoid them.

We still can invest some of our money on them if we are into diversifying as those coins can still show a little growth especially when the bull run has arrived. Their devs might also roll out some updates which can greatly improve their coins.

[TastyChillySauce00]

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.  

I think that this topic already outdated. You were just repeating it once there are bunch of threads that already discussed about this before. I think that it's better if you are spending a few minutes in your life to dig the old thread. There's no reason for a to take b position.
Think about whether investing in ethereum or cardano can change your life or not.

[blockman]

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.  

No.
Since when cardano has been launched? It had a lot of years to overtake ethereum and just as the heavy investors of it think about it, there's nothing new to this discussion because it's most unlikely not going to happen.

I think that this topic already outdated.

That's true, this is an old topic that's just being repeated and being asked again and again. Soon when the bull run comes, if it's not ADA, it will be another altcoin that will be asked if it can overtake bitcoin or ethereum.

[Why you bully me]

Cardano hype is done by youtubers. Past 2 years most of youtibers said cardano is the next eth killer. It will pass 30$ easily. But here are we. Just like xrp. Those altcoins are good for colcollectors not for someone need profits.

30 usd cardano? I don't think will be possible at all any time soon. The marketcap would be absolutely insane lol.

[Jackl87]

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.  

I am not to familiar with the voltaire update of cardano and what new functionality it brings so it is hard for me to predict the effects of those upgrade but i can give my general view on the topic Cardano vs Ethereum. I still remember a few months ago, that Cardano pumped pretty heavily when they announced that the smart contract functionality is pretty close to being done. Since then though the price of Cardano has gone down pretty massively. That was again one good example for buy the rumor and sell the news.

For me tech-wise Ethereum will always be the project that enabled everything that we are having today, because they invented the smart contract functionality. All those other projects like Cardano, BSC, Solana just took that idea and tweaked it a bit.

[coinerer]

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.  

Cardano is cardano and ethereum is ethereum. Cardano will not able to  over take ethereum  in any days. If cardano develops itself a lot in the next five years and strengthens its ecosystem, meanwhile Ethereum will develop itself a lot more.  It's not that Ethereum won't think of their own development or that they won't think of something new for their blockchain. Ethereum is at least 5 years ahead of cardano.  So cardano will never overtake ethereum in any days

[len01]

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.  

there are some altcoins that look like ETH killers and several people have asked questions like this a long time ago and in the end ETH remains the second best after bitcoin and no one has ever been able to kill or shift ETH position.
ETH was first present in the altcoin market and occupying the top spot in altcoins became the king of all altcoins and after that the appearance of Cardano which is currently being talked about and of course Cardano fans always think that Cardano can be an ETH killer, but that will not happen for I.
whatever is being talked about about the new blockchain that is being talked about and has a lot of fans, they will definitely have thoughts like this but remember, ETH has very strong power.

[bittraffic]

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.  

Cardano is cardano and ethereum is ethereum. Cardano will not able to  over take ethereum  in any days. If cardano develops itself a lot in the next five years and strengthens its ecosystem, meanwhile Ethereum will develop itself a lot more.  It's not that Ethereum won't think of their own development or that they won't think of something new for their blockchain. Ethereum is at least 5 years ahead of cardano.  So cardano will never overtake ethereum in any days

Cardano will be like what other smartcontract platform is. NEO, WAVES, or EOS were used by a few developers with few projects on it. Still fighting for its existence and traded on exchanges.  The ones that hold them though make money out of it for staking all the time and in the bear market, it's usually the first that will be dumped because stakers of ADA got their ADA for free.

They have thier own market and community so they are completely separate from the BTC community but many of us have some ADA though. I recently bought some just so I can also stake them.

[DanWalker]

The biggest disadvantage of ETH is the high gas fee, once the gas fee is improved, I believe no one will be able to compete with ETH, and the transaction fee improvement is only a matter of time when the update is released this year. There have been many projects claiming to replace ETH, but so far, names like BNB, Sol, Dot, and Atom... have not been able to beat it. ADA also has a lot of potentials but thinking it can replace ETH is ambiguous, like someone saying ETH will replace bitcoin.

[dimonstration]

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.  

Cardano has a very slow development that actually they recently just have a working smart contract for there blockchain last year even there project exist for a long time. Cardano will never overtake Ethereum on the number 2 spot however it has a lot of room for price growth in the future since it’s price is not fully discovered yet compared to Ethereum. ADA has an advantage in terms of investment profitability but surely Ethereum will always be the number 2 on the ranking since its the father of smart contract blockchain.

Nothing can beat being the first mover in crypto.

[klidex]

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.  

I've come across reviews like this several times and the answer is clear to all.
Once again I will say that until whenever in the future it will be impossible for other Altcoins to be able to match or surpass ETH.
Even though the Altcoin has a good project in the future, it still won't be able to do it because ETH is the best Altcoin and has the 2nd top crypto position after Bitcoin.
I think only stupid people believe that Cardano or other Altcoins can match ETH.