RE: What is Cardano ADA? Programmer explains.

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What is Cardano ADA? Programmer explains.

in cardano •  7 years ago 

Cardano mainly copied dPoS from EOS, Steem and Bitshares. Check @dan's post on the subject. The few minor changes they made actually make the coin worse. That's all according to @dan, not my opinion.

And I believe @dan because he is a very big figure in cryptocurrencies, who created Steem, and EOS.

cardano
7 years ago by

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      ·  7 years ago 

    I agree with you. There is nothing unique with Cardano. The timeline for Cardano is long. EOS and Bitshares will beat them out.

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      ·  7 years ago 

    Good technical analysis on crypto:

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      ·  7 years ago 

    The worst part about Cardano incorporating others features is they do not even have a beta product to test out. I personally view it as one of those coins that have too much ambition.

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      3 votes
      [-]
        ·  7 years ago 

      Well they have centralized mainet and a working wallet. A lot of other projects only have ERC20 tokens like EOS, VeChain,... and of course no wallet. But they have an easy solution, use ERC20 wallet... The problem here will be when transitioning to their own mainnet there will be lots of exchange, wallet issues. But then again Cardano has some of this issues now. I would say that in this sense Cardano has a big head start here.

      Full disclosure I own all this coins.

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          ·  7 years ago 

        Thanks for the reply. I know on Binance they have the withdrawal suspended at times, which makes me wonder about when they do finally switch to their mainet.

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          [-]
            ·  7 years ago 

          They have mainnet running just withoug PoS for now.

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              ·  7 years ago 

            Yeah heard about that too. What do you think about this @ivanli?
            Dan and Charles are attaching each-other right now on the web....

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                ·  7 years ago 

              yeah, I'm aware, but we don't know exactly what happened between them so I'm neutral in that regard :)

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                ·  7 years ago (edited)

              @ivanli, thats what I like about you channel! Your always impartial and focused in explaining in more detail as possible (no John and Mary explanations) without making it boring to watch!

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                ·  7 years ago 

              Well (in short) Dan accuses Charles that he stole the PoS concept from him. Welcome to "Crypto drama" series!

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                [-]
                  ·  7 years ago 

                How can you accuse someone to steel a concept from you in an open source revolution?

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                  [-]
                    ·  7 years ago 

                  Talking about big figures Charles was cofunder of Ethereum. What is your point?

                  Really don't know why everyone is picking on Charles who is an honest, transparent, hard working guy. If you ask me they are just scared. But time will tell.

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                    2 votes
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                      ·  7 years ago 

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