/biz/ - Business & Finance

so whats the iphone in this analogy?

>>20088899
Next gen blockchain mainnet about to beat ETH 2.0 to the punch

>>20088872
> Pls hold my bags. :(

im holding a lot of ada. It's going to continue to be a speculative asset for a long time but when it does finally deliver, it's going to do what it does better than the rest.

It's worth having some but there are probably better times to buy than now

>>20088872
>buying now when we told you to at 3 - 5c
classic biz

>>20089162
This is going to $0.15 by the end of next week

Cardano is the up-graded version of BTC + everything 1000 times better what ETH, Algorand , Avalanche , Tezos and others have to offer.

Pretty simple to understand .

>>20088872
THIS,been feeling like https://www.youtube.com/watch?v=JpF2JKtTISY
these last months.
And this summer is going to be even more insane

>>20089187
There's only ONE coin than can compete with ADA

What does Cardano do that ETH doesn't? Don't say TPS, Arbitrum has made that completely redundant.

>>20089645
Imagine thinking ETH is ever going to deliver on ETH 2.0

>>20089645
ETH will never scale and Vitalik fucking knows it too.

I'm fucking sick and tired of my transactions not going through for hours even when I pay for higher gas fees.. If it's not that I'm being asked for $100+ in gas fees.. Not too mention the brainlet last month who spent over 1M USD in gas fees to send like 1k or 10k. Ethereum is nothing more than a outdated second generation shitcoin and will die within the next two years. It's already obsolete and completely fucking redundant.

>>20089645
Built with peer reviewd high assurance code, formal methods and first principles.

Extended UTXO model, instead of account based model. It's much simpler and more secure.

Smart contract language in Plutus (Haskell), functional programming language.
https://www.youtube.com/watch?v=jQddA20MZXs
There was a great video by him yesterday at the Cardano summit on this.

Minimum 1 ADA to stake.

>TPS
Ouroboros Hydra is in theory infinitely scalable. With 1000 staking pools, it can give Cardano one million TPS. The number of pools is not set in stone and can be changed.

>>20089645
>>20089836

>>20089836
This is true but it won't die for a long time
Big money is not made by buying into dying projects though. Big money is made by buying into the future

>>20089836
>>20089722
>>20089846
In the extended UTXO model, you get to see how much gas anything will use before transactions are sent.

https://www.ubivent.com/htmlstart/index.html?t=2d64db14-111b-489d-9f1b-da1040cf6132&nameprefix=cardanovirtualsummit%3A#doc:15083_goto:index:6

If you signed up for this, you can see the good video on this under "Tracks" --> "Science" --> "Functional smart contracts on Cardano"
That dude is Philip Wadler,co-creator of Haskell.

>>20089918
It also let's tokens have native fees, instead of haing to use ETH to use tokens.

>>20088872

Best tech, zero demand

/thread

>>20090236
Demand will come once it proves itself to be superior.

>>20090541

Their strategy was to sell to governments and institutions. Neither have any interest.

Vitalik's spaghetti will host scams and kitties and whatever bullshit is there.

Everyone is happy with what is.

>>20090599
>Neither have any interest.
Dude, trust me.

>Everyone is happy with what is.
I sure love losing money in shitty ETH smart contracts, expensive transactions and 20 TPS.

>>20090599
ETH is literally fucking dying right before your very eyes.. How can one still be bullish on a over congested network that only supports Curry tokens and Imaginary cats.

Quick History lesson for you.

Redundant technologies always get replaced with something superior and better.

Ethereum is literal dog shite

Here’s an interesting thought, Cardano will allow shitcoin developing pajeets to pay network fees in their shitcoins. Now, most of those coins will never do anything, but some will moon. And you will receive them for staking.

Staking is going to be much more valuable than just getting the 6-8% in ADA.

>>20090713
Easy there, Action Jackson. There’s almost $2B in liquidity on Ethereum. That’s not an insurmountable lead, but it’s massive.

>>20090773

nothing grows out of nothing.

t. basic laws of physics and therefore economics.

passive income is possible only for lending something which is in very high demand, such as fucking US dollars.

lending bullshit will produce bullshit. it is that simple.

there is no single staking theme for BTC which is here for years and is "rare" - for the very same reasons

all this staking hype is bullshit like smart contracts, which is a solution in search for a problem

>>20090858
>nothing grows out of nothing.
It's not nothing. It's locked up ADA meant for rewards. Just like you mine BTC.

You get shitcoin/token rewards from their own transaction fees by staking ADA.

It’s pumping hard Charlie’s speaking in less than 5 minutes. Big announcement. Also unrelated but possibly related coinbase CEO is speaking as well

>>20091001
My only regret is that I wasn’t able to hold more than 55k ADA. Wanted to accumulate, ran out of time

>>20091019
It's not too later if it's going beyond ATH in the future.

10 cents about to be breached

>>20090858
>>20090991
>>20090773

the thing that makes me reluctant to actually "hold" ADA is how it was distributed in the beginning. Charles made a presale available only to his friends and a bunch of japanase investors. they also only paid like $0.002 / ADA. now imagine those whales staking and selling their stakes forever. The pre calculated inflation / staking fo ada is around 10pct per year. if this 10pct per year isnt going to get bought up and whales from the early pre sales ( 30 billion ada was presaled ) can sell forever even sub cent prices they can stll dump for profit... well ... it doesn't sound like a smart hold. I'd ride it up then sell it. put it in something fairly distributed like XMR or even BTC

>>20088872

10 cents waiting room ?

This shit is amazing. Dumping all my eth into ada 3 weeks ago was the best decision I've ever made.

Just announced coinbase will be the custodian for ADA. What’s that mean?

>>20091109

>>20090991

1. that is just a theory. show me a real-world process then I will understand

2. I don't want rewards in scam shitcoins lmao

>>20091047
>fairly distributed like XMR or even BTC
Ealry birds gets the worm...

>From reddit, 2 years ago:
Cardano does have a very high Asian participation. That's because the project was germinated from the idea that the Asian market was ripe and open for new financial stack and had not been saturated by cryptocurrencies like the west. A cryptocurrency that succeeded in this might go onto transforming developing regions by offering those who are ignored by traditional banks blockchain enabled financial services.

Then from a regulatory perspective as well, there are benefits to Cardano from having done the pre-sale in countries where there is no question of whether such a sale is legitimate. With no US participation in the sale, it also alleviates some of the SEC pressures which other cryptocurrencies have faced by performing ICO’s with Americans. The sale was performed by a Japanese entity who performed detailed KYC checks. This means they knew the difference between the amount of transactions and people. So for example, there were roughly 14K transactions that occurred over different tranches. With other cryptocurrencies, 8k of those could have been from a single person, creating a huge inequality in distribution. With Cardano we know that 9,912 people that participated, because they all went through compliance.

Cardano is not unique in having a geographic centre for its pre sale, Filecoin which was 100% US. What started in Asia, has now become global. You have an opportunity to purchase tokens on Bittrex and soon a number of other exchanges. Cardano is focused on become an industrial strength blockchain that can operate in regulated industries. The way in which the sale was performed with KYC and compliance will only be helpful to that aspiration.

>>20091147
>I don't want rewards in scam shitcoins lmao
You get them just by staking ADA. Just dump them. Don't want free money?

>that is just a theory
How new are you? Read up on proof of stake and proof of work.

ADA is probably the most undervalued crypto asset currently available. Do yourself a favor and drop a few hundred bucks and get a small stack. Worst case you crab for a few weeks. Best case ADA goes to $1 and you just missed an EASY 10X. I fully believe that cardano will be $100 plus by next year.

Cardano on coinbase

Today at #Cardano2020 we announced IOHK has signed a custody agreement with Coinbase for #Cardano.

As of Q4 this year, ada holders will be able to store their assets in Coinbase Custody’s institutional-grade, battle-tested cold storage, whilst also maintaining the ability to delegate their stake.

Coinbase Custody is the first solution to be able to offer staking, whilst keeping assets securely stored in cold wallets.

This custody agreement allows us to offer the same secure storage solutions that can be found in traditional finance to ada holders, without sacrificing what makes Proof of Stake blockchains special - being able to participate in the network.
More news soon...

>>20091338
>I fully believe that cardano will be $100 plus by next year.

>>20091338
>I fully believe that cardano will be $100 plus by next year.

>>20091409

This sounds stupid on paper. However in s mathematical reality it's very possible.

>>20089836
I totally agree with you on the tech points but ETH has become almost as ubiquitous as BTC which isn't going anywhere. I'm super bullish on ADA in the long term but to say ETH will just dissappear because there's better tech now is retarded, though ADA should take a major chink of its market share.

COINBASE CONFIRMED

https://twitter.com/iohkmedia/status/1279051502733189122?s=21

*CUSTODY

>>20091471
You're delusional. Cardano would have a marketcap of $3,111,248,374,500. You're telling me cardano is going to be larger than Amazon?

You're the kind of shill that is bad for Cardano. Check your math, white man.

>>20091503
Either insiders already knew this and its largely priced into the 20% gains we have just seen


...or its about to pump another 20%

>>20091559

Agreed. Could easily reach $1 again tho or even up to $5 as dapps are built.

>>20091559
>You're the kind of shill that is bad for Cardano.

Charles Hoskinson Explains How Cardano Could Get to a Trillion Dollar Market Cap

https://cointelegraph.com/news/charles-hoskinson-explains-how-cardano-could-get-to-a-trillion-dollar-market-cap

Coinbase listing confirmed !

https://decrypt.co/34518/cardano-partners-with-coinbase-to-allow-users-to-store-and-stake-ada?utm_source=twitter&utm_medium=social&utm_campaign=auto

where are the bizlets waiting to buy back in at 3 cents?

>>20091632
Dude, 100 bucks by next year...Hoskinson is talking about possibly reaching 1 trillion marketcap one day if 3 variables align by the time he dies.

Good luck hitting 100 bucks by next year. I hope you're willing to eat your dick if it doesn't.

>>20090858
You have no idea how consensus works do you? Go back to your stonks and shitty corporate bonds boomer trash.

>>20090858
ADA has no inflation. Supply is fixed like BTC
Imagine BTC staking.

>>20091338

Hold your horses moonboy ... 1 to 5 is a more realistic goal in the long term.

>>20091702
if Cardano ever reaches 100$ , Cryptocurrencies will be everywhere literally even grandmas would know about it.

>>20091777
I do see Cardano hovering around 1-2$ in 2020-2021 and 5-10$ by 2025.

>>20091808
Conbase confirmed!!!!

>>20091828
Cardano is gonna moon today isnt it?

>>20091808
.30 cents 2021 would be very aggressive and would require btc to be stay steady above 10k.

>>20091835
he he he of course

>>20091559
If you have the fed kill physical money and force a digital revolution in the financial sector. Defi is gonna blow up. And im sorry but ETH 2.0 is simply just not going to work. Eth HAD first mover advantage but blew the lead and fucked around too long. Cardano is the better technology. Charlie might be plebbit incarnate, but money is money.

>>20091702
>by next year.

Yeah your right. I see that he wrote within a year.
Thats ridiculous.

>>20091702
Ok ok $100 might be pretty speculative. I will eat my dick if it doesn't hit $20 by Dec 2021?

>>20091840
You arent following Cardano , arent you?
Cardano isnt gonna be number 8 or 7 or 6 next year its gonna be right there besides ETH buddy , number 3 or 2.

>>20091847
He just looks like reddit. He's actually redpilled on a lot of things. Recent BLM stuff shows this

>>20091878
That's why I like him. He's fucking rational.

>>20091915
I kind of like him , he is just a bit too crazy for me taste but nice.

>>20091874
I'm bullish on cardano and semi-active on the telegram. But come on, being a moonboy is going to get you burned.

>>20091768
If this is technical understanding of avrg ada moonboy oh god...
Where do you think staking rewards come from lol?

>>20088872
well, if a shitcoin is low enough in price, throwing a hundred bucks at it isn't that big of a mistake

Buying Unibomb gives me the same vibes as buying Bitcoin in 1942

>>20091953
I was an early 2018 buyer and nearly lost everything I had invested in Cardano.
In just a few months I have earned that back and some more,I never stopped buying so yeah Im quite hyped,was pretty depressed about it for 2 years but never lost hope.

>>20091957
From the +6 billion locked Cardanos?

>>20092005
LMFAO

Sweet baby jeasus

>>20091986
Based and Way to ahead of time for your own good..

>>20091986
That makes no sense. If you invested everything in 2018 then you paid ~1 usd per ada. How did you make that back if you rode it all the way down unless you've been using leverage?

>>20092012
>>20091957
ETH has no fixed max supply = inflation
ADA, like Bitcoin, has fixed max supply = deflation

Once locked rewards are done, that's it. After that future rewards will come from transaction fees.

how much ADA to make it ?

>>20092050
even if you dollar cost averaged all the way down I just don't see how you would be profitable yet.

>>20092050
I just DCAed, I had like 10k Cardanos back then , now +100k

>>20092076
I remember buying 300 cardanos and shit like that lmao

>>20091986

Based. I bought in 2017, watched my holdings go to nearly $50k, then watched it crash, then sold the absolute bottom because I'm a low IQ retard and went into confirmed shitcoins, I fomo'ed back in this morning with half my stack. Never gonna make it.

>>20091559
That can happen, but a dollar isn’t going to be worth a dollar at that point, it will be lower inflated dollars.

The better analysis is how it will fare next to BTC and ETH, and Cardano is the only project I see with a realistic chance of flipping both. However, that scenario relies on a lot going right for Cardano and plenty going wrong for Ethereum. ETH has no hard cap for example, and they are not delivering 2.0 any time soon. And with DeFi as hot as it is, I am surprised ETH isn’t 900

>>20092065
You are very dumb lol; staking rewards are inflation; the total amount being "fixed" has nothing to do with it

there's nothing left to discuss biz, buy ADA now before it's too late.

>>20092123
Possible. But impossible within a year.

>I fully believe that cardano will be $100 plus by next year.

>>20092131
It's limited "inlfation". It ends at some point. ETH does not.

>>20092193
what's a realistic eoy or eony for ADA?

>>20092367

$5, as it's now essentially finished for developers to build on. Think of the explosion of dApps that contributed to ETH's success and price rise - this is now happening for Cardano.

>>20092367
0.50

>>20092367see this>>20091840

>>20091872
Please be more honorable than Mcafee

>>20092131
BS. BTC has inflation too. Miners!
ADA - stakers + validators!
ADA + BTC = fixed supply

>>20092401
They're aiming at every other dev that isn't in the cryptospace. I think there will be less and less correlation to btc over time, it won't be a factor.

>>20092395
The run up for Eth was driven by the ico's that were being done through smart contracts on the ethereum blockchain. It wasn't because of dapps.

>>20092419
I realistically do not see ADA decoupling from BTC. You will need the majority of the trading liquidity be from fiat pairings and not people stacking sats through the ada/btc pairing.

>>20088872
Heh, I remember years ago when people were shilling a new “ETH killer” here every day. I’m not sure why people still think an old shitcoin like Cardano has any chance at mainstream adoption. Time to sell those bags.

>>20092455
You clearly have no understanding of what you talking about. Why would anybody want to use an over-congested network with overpriced gas fees.

Ethereum is a dying shitcoin.

>>20092507
He is treating Cardano as any other altcoin , just another one , just ignore him he probably has heavy bags on some shitcoin .

>>20092455
This old shitcoin today has the most advanced tech by magnitudes fren.
Took a few years to build it.

>>20092455
>I’m not sure why people still think an old shitcoin like Cardano has any chance at mainstream adoption
It's a breath of fresh air with their approach.
Peer review, high assurance code, functional programming, scientific/academic approach, formal methods. This is how NASA, banks and high security/value systems does it. It feels safer to invest in something like that, instead of 99.9% of other coins.

ETH shows all the time how unsecured it is. Millions lost in shitty smart contracts.

>>20092546
the only advanced tech is the brainwashing he managed to get his bagholders under

>>20092424

Hurr durr what is a dApp... ICO's are fundraising for dApps. Every single ICO listed through an ERC20 was for a decentralized application built on Ethereum, or at it's most basic a smart contract. This will happen with ADA.

>>20092452
You're not wrong, but there will be a swath of users in time that won't be concerned about trading, or btc in general. It will escape the space, in time.

>>20089145
>better times to buy than now
no anon, this is going to top 5 and holding. it'll ratchet up from there.

>>20092552
You are "good" informed fren.
Hope it will work out for you.
Enjoy your bias fre.

Guys stop trying to convince fudders , these people will only get in once we break ATH, just let them stay poor.

>>20092065
hahahahaaa this is getting better and better
>>20092243
DUDE
Stop embarasing yourself lol

Eth (not fan) haves minimal viable issuance wich will get close to 0 during pos
BTC and ada are fixed suply coins meaning when suply is done rewards will come from transaction fees and noone can tell is it enough lol
But btc at least ahve 140 ears to go ada si done after few years what than?
At least eth got sustainable plan

>>20089645
extended UTXO model offers significant advantages of ethereum 2.0's accounts based model. it allows cardano to scale (ouroboros hydra) on a completely decentralized layer 2 without the huge tradeoffs that ETH 2.0 will have to make. for example, Cardano will cointinue to be 50% byzantine resistant (like bitcoin) even with scaling with ouroboros hydra (salable virtually inedfinitely) whereas ETH 2.0 will be only 25%-33% byzantine resistant - a very big tradeoff that they are stuck with due to their account's based model and having to shard on layer 1. Cardano will have on chain governance (decentralized governance and funding of Cardano Improvement Proposals) whereas ethereum has nothing to offer in that arena because Vitalik said so. There's no point in comparing Cardano to ETH as ETH is today because ETH is a pathetic toy in comparison.

>>20092167
>buying the top

>>20092648
Do you really think fudders + brainlets understand this?

lmao

This is only for high IQ chads

>>20090599
>Their strategy was to sell to governments and institutions. Neither have any interest.
false. part of the strategy there, and there are govts that are interested so false again. institutions are interested as well. state of wyoming is also interested. institutions wise, universities are interested. now that cardano is part of Hyperledger you will see the alignment of corporations as well. cope more

>>20092603
Thanks

>>20090804
2 billion is peanuts. crypto is the 4th industrial revolution and were at the internet pre-browser stage.

>>20091047
mislead more faggot. cardano did a japanese ICO and thus has not had the problems with US securities bullshit. japanese "whales" have had years to sell and many did in 2017 for massive gains. Cardano has also talked about how they see the continual wider distribution of cardano on wallets and exchanges. you're coping extremely hard there and being disingenuous in your argumentation in order to justify your cope fueled fud. pretty weak

>>20092690
>thinking this is the top
it will literally cross 1500 sats by day's end

>>20091147
it's actual established scientific fact by now anon. this is all described in the ouroboros papers and IOHK's original paper that proved all the security properties that Bitcoin has. those two papers are most cited papers in the entire cryptosphere. Ouroboros has been referenced over 1000 times by now. but I'm sure you've thought of something that the cryptographic community and those 1000+ citing papers have missed.

>>20091494
nobody is saying that ETH will disappear.
https://www.youtube.com/watch?v=GJANeEkj408

>>20092552

This is now the 10 cent lobby. A toast, gentleman.

>>20093036
whoop whoop

>>20093036
ahhhhhhhhh

>>20093036
Im so happy fuck,the best part is that I knew it I was just waiting and waiting I love this year, its being fantastic.

>>20093036
Next goal - crushing ATH frens

>>20093036
That was fast.

OMG YEEEEEEES CARDANO IS THE REAL BITCOIN IS OUR FUTURE GUYS NEVER SELL IT

>>20093356
Selling my ADA - lmao

NEVER !!!

>>20093036
When will I be able to buy on kikebase?

11 cent in next 24h

>>20093454
August/September

>>20093454
I'm guessing the date will be announced today. Staking there will happen in Q4, but I think buying/selling will happen much sooner. I'd encourage you to watch the panel with the goybase CEO happening in a couple hours

>>20093454
https://www.ubivent.com/htmlstart/index.html?t=4f26b5ab-2bf0-492a-bfe6-d8a041c76303&nameprefix=cardanovirtualsummit%3A#doc:16091

17:30 UTC in "Tracks" -> "Main Auditorium"
Coinbase UK CEO speaking

>>20089187
can you explain wHy?

>>20093681
See >>20089846 for some of why.

>>20088872
No smart contracts for two years
Overvalued AF
fake team of “30 academics” that took 3 years to release a centralized testnet
If you want to buy this scam wait for 2 cents. It ALWAYS goes back down when they fail to deliver and they ALWAYS FAIL TO DELIVER

>>20092821
Appealing to authority, the Cardano way. Pathetic.

>>20088872
>t. Newfag
When will you faggots realize it’s too late

>>20094102
>centralized testnet
>1000 active pools
>centralized

Smart contracts within 120 days

>fake team of “30 academics”
https://iohk.io/en/team/#

>>20094102
Don’t forget muh beefchain topkek

>>20094367
It's not even fud at this point. Just retarded ignorance.

>>20094381
Only blockchain to be acknowledged and OK'd by USDA.

>>20094391
I wanna see them cry for 5kbags and shit like that hahahaha.
Soon.

>>20094102
>mfw bizlets think their fud can slow down a multi billion dollar behemoth

>>20094102

oh I did wait for 2 cents. and I bought the fuck out of it. Did you ?

>>20094609
I won't be here when that happens. Be livin' my best life

Forever in archives shilling digital gold. VeChain is next

>>20094630
3.5 .. close enough
We're gonna make it fren

>>20094657
All you had to do was listen

>>20094128
>scientific literature
>cited over 1000 times
>mathematically proven to be secure
>nobody has found flaws to invalidate it
>derivative work of ouroboros produced by researchers at stanford called nakpmoto proof of stake
>scientists and cryptographers all over the world working to inprove and extend ouroboros - research by the best and brightest that cardano gets for free
>still no flaws that invalidate ouroboros
>calling that appeal to authority
jesus fuck anon, how stupid are you? seriously

>>20094381
don't forget ceo and founder of AGI announced yesterday at the cardano virtual summit that he loves cardano, haskell, and is interested in moving the platform from slow, expensive and limiting Ethereum over to cardano... and yeah, that whole USDA thing and the multi billion dollar beef industry.

Coinase confirmed and the shit can't even hold 10 fucking cents

2017 sure seems like a long time ago now

>>20094768
CEO OF AGI

Aka singularity net blockchain of ai
So now you have beefchain AND scams

>>20094786
will be fun to watch you seethe and squirm at 20 cents.

>>20094818
nice projection faggot

>>20088872
what would an average consumer use or need cardano for? it’s just an ETH competitor that nobody uses. absolutely retarded analogy.

>>20094809
that guy is a fucking genius. singularity is far from a scam, you're thinking about the art project sophia. watch his talk at the summit and try and fud it
>you can't

>>20094842
kek. coinbase has been common knowledge for months. try again.

>>20094870
sure sure sweetie

>>20094881
>desperately intense ignorance and denial
oh the cope

>>20094902
>so much projection and insecurity

Oh, and keep posting selfies, it is entertaining

>>20094845
this desu
if cardano mainnet had gone live in 2017 it'd still be a meme
launching now is laughable.

What are they gonna do? Port all Eth dapps over and pray for everyone using Eth to pull their liquidity? the absolute state of crypto retards

>>20094915
>travels from reddit
>spacing confirms
>finds the cardano thread
>proceeds to seethe
mETHlet cope level 9k... bullish

>>20094956
>the pain of self-hate and insecurity is absolutely palpable

keep going!

>>20094850
Grosel is doing "ai on blockchain"
You can be biggest cardano bull but If you think that is not scam LMFAO neewfag

>>20094946
>What are they gonna do? Port all Eth dapps over and pray for everyone using Eth to pull their liquidity? the absolute state of crypto retards
>yet another mETH head ignorant post
no anon. the plan is to not pull shit-tier solidity copy-paste youtube-tutorial script kiddies over. you can keep themall. the plan is to bring some of the worlds best and most experienced devs from the functional programming world in to create true god tier experiences. eth has been a useful plaground for trying out ideas and will continue to be so.

>>20094972
the absolute state of leddit. can't even fud properly.

>>20095022
>no anon. the plan is to not pull shit-tier solidity copy-paste youtube-tutorial script kiddies over. you can keep themall. the plan is to bring some of the worlds best and most experienced devs from the functional programming world in to create true god tier experiences. eth has been a useful plaground for trying out ideas and will continue to be so.
How newfag are you
For real?
Dont lie kek

>>20094977
again, listen to his talk and try to tear it apart.
>you won't be able to

>>20095039
ay LMAO

this is really good, keep raging and seething

>>20095050
AI ON BLOCKCHAIN

L
M
F
A
O

Ok fuck it im going to listen it now and come back to make fucn of you lol

>>20095046
you're shooting blanks anon, at least put in a little effort.

>>20095067
just remember to be specific

should i fomo or are we in for a retrace?

They've simply taken too long and the boat has sailed. Too many autists here think that better tech leads to adoption while they write their words on decades old legacy infrastructure.

>>20095058
i'm just wondering when you're going to produce a shred of fud that sticks. you can use leddit spacing for maximum visibility.

>>20095114
don't take it personally as charles rips a new asshole into that consensys-shilled argument ypu've just made.
https://www.youtube.com/watch?v=GJANeEkj408

>>20095196
I don't care either way, all-in LINK which is being integrated with Cardano currenly but yeah, good luck.

seems like Cardano trying to do what Vechain is doing and be supply chain... except they don't have the enterprise connections

Just how far is CARDANO going to PUMP until it corrects? I think 13cents before stabilising at 10

>>20095427

Hopefully we don't dump as much as we did from the $0,1 top of June 2019, that was nasty. I would compae the current situation to what happened to TEZOS - the coin just kept going up and settled permanently higher, due to people filling up their bags for baking.

In Cardano's case, we have an eminent Coinbase listing AND staking incoming. I can easily see $0,1 flipping to support, temporarily anyway, and clear skies all the way to $0,15 and beyond, even $0,2 - $0,25.

A cool off, sure, but no reason to truly dump.

>>20088872
i bought ERGO , is this also good ?

>>20095684
Tempted to take profits and trading back in later. Cardano is good long, thats for sure

>>20095263
Cardano will have native oracles as well (better than Chainlink)
https://www.ergoforum.org/t/oracle-pools-a-new-oracle-model/263

They are also looking into LINK through Honeycomb
https://www.thecardanoreport.com/2020/05/honeycomb-connects-api-data-to-cardano.html?m=1

>>20095337
>except they don't have the enterprise connections
Except they do
https://medium.com/gerolamo/iohks-atala-everything-you-need-to-know-about-it-ef2a1893e6b6

>>20095732

honestly, this time I wouldn't. Heck, the staking itself doesn't start until the end of July. And do NOT under-estimate the current Shitcoin Exodus. What are Litecoin, XRP and EOS holders flipping their bags into? The hottest thing, ADA.

From a realistic standpoint I just don't see how it's worth selling yet

>>20094845
they are also developing a smart contract language and runtime from scratch. the language is based on haskell so you can be sure nobody well EVER use it.

>>20095022
so nothing then. this is all plebbit.. I'm so much smarterer than all you eth plebs bullshit.

>>20089145
This is reasonable. I don't have enough confidence in this to not be heavily in right now, but I could see a potential pullback post-conference until closer Shelley release. I just don't want to be caught empty handed if we're wrong.

>>20095684
>eminent

>>20095829
>nobody well EVER use it.
r/haskell has over 56 000 members on reddit alone
Also, this >>20095022

A $20+ million fund was announced yesterday at the summit to fund future dapp development on Cardano.

>>20089859
Vitalik is saying, if given the chance to start over, he would make Cardano.

The idea you will be able to stake this on coinbase is huge from a normie investor perspective. Not only are their cold storage wallets insured against losses they generate a tax report for you.

>>20095899
He's about to bend the knee.

>>20095786
Yeah, we know - integration has been outsourced to Honeycomb. And no, that native solution is not "better". DYOR on it. Can't even access credentialed APIs.

>>20095899
Yes
https://decrypt.co/34204/ethereum-2-0-will-walk-and-roll-for-two-years-before-it-can-run
>"Slow and steady wins the race"
Cardano's approach since 2015. ETH realizing now it was the right approach.

>>20090599
Who is happy with Ethereum? The thing people in the crypto space for too long forget is that this is still primarily the playground of nerds and all the dapps right now are proof of concept. There is no widespread adoption. It's all speculation. The moment that a superior tech shows up on the scene that is immediately capable of the scaling that will be needed for widespread adoption, those "happy" with Ethereum will jump ship. The only "cost" of doing so are those who speculated on ETH. There is nothing forcing industry to adopt Ethereum or move to another network other than the lack of a better one. As soon as a real alternative shows up that is already head and shoulders above Ethereum, it could easily flip and quickly.

>>20095885
I know you don't understand but.. Elm is a better language than JS, as is Purescript and Bucklescript and OCAML etc.. but NOBODY FUCKING USES THEM.. especially not hovviests that can barely code which is who makes smart contracts.

>>20090236
What "demand" does Ethereum have? It's all proof of concept dapps and speculation. Nothing of truly real importance is built upon Ethereum. We are still quite a ways off from true adoption. The "demand" that Ethereum has can easily be filled by a better chain. We are still so early in this that it doesn't really mean anything to say Ethereum has the demand.

>>20095970
ChainLink Vs. Oracle Pools
>Oracle Pools use the base cryptocurrency of the blockchain for funds/payments/stake. This means they do not require anyone to purchase of use an extra token like LINK which provides no value to either end users or the oracles themselves, but instead makes adoption needlessly more complex.
How is this not better?

>Can't even access credentialed APIs.
Chainlink could do that before it was built?

>>20096008
https://www.youtube.com/watch?v=LnX3B9oaKzw
>Facebook anti-spam filter built using Haskell
>There is zero spam on facebook
>NOBODY FUCKING USES THEM
ok

>>20096085
you Cardano noobs are all the same.. you'll learn in time but it will be expensive. This system will end up like EOS and Tezos. Unused ponzi platforms that bleed out over years. Basically all plebbit coins do this.. vechain, nano, ada.

ITT: https://twitter.com/CaoArmand/status/1278744241775054849

>>20092549
Lots of people on here are jaded from the sea of shitcoins. People promise shit all the time with fancy marketing and don't deliver. Cardano, on the surface, looks like any other shitcoin that didn't deliver. If they don't look into it further, they can be forgiven for thinking so. But, unlike most projects, Cardano appeared to not deliver because they took an approach that no one has ever done. They took formal methods and peer reviewed research and built something very slowly and methodically that is going to really raise the bar of what people expect from blockchain developers.

>>20096121
They won't learn, this shit has been around for years and yet reddit still thinks it's favorite coin (ADA, Nano, IOTA) will be adopted because it's better tech. Nope. If better tech was what mattered in this space, BTC and ETH wouldn't be on top.

The importance of BTC and ETH, and their real value, lies in their network effects. Everyone develops on ETH except for a few outliers. Redditors cannot understand this, so they're always looking for the "ETH killer", or "BTC killer". In a few years they'll be looking for the "pic related killer"

>>20093454
July 29th at the absolute earliest. I doubt CB will list it until Shelley is successfully launched without any issues. Once that's done, then it could be anytime...whatever they've chose for their internal timeline.

>>20096192
>ETH, and their real value, lies in their network effects

Have you ever used Ethereum?

It's literal dog shit that barley works.

>>20094102
I hope you're just fudding and actually don't believe this. I hope you actually bought a bag yourself. I don't wish anyone harm and I'd hate to think you missed out on the biggest release on this board.

>>20096250
It works fine for everything I've ever wanted to do in crypto; defi, uniswap, etc. It's slow at times, that's my biggest complaint, and it isn't really that slow.

There are thousands of developers on ETH, working on ETH-powered products or working on improving ETH. That is the true power of the product. If Cardano is super fast, no fees, etc. - whatever - it doesn't fucking matter, no one uses it, and it isn't THAT much better than ETH to convince everyone to move.

>>20096032
never heard this before. oh wait yes I have from every single one of the 50 different “eth killers” that have come and gone since 2017. nobody gives a shit about cardano tech including you guys. you only like it because it pumped recently. as soon as this pump ends you’ll be back to shilling FTM or whatever shitcoin pnd is up next.

>>20096192
What network effect? They are literally in the process of firing their miners. Everything built on Etherum is either proof of concept or flat out house of cards speculation. Most of the "defi" is just people taking out loans to speculate more on crypto. There is absolutely nothing built on Ethereum, that if it died tomorrow, would impact the world. We are too early in the process for your position to have any merit. People are building on Ethereum becuase it has a lot of momentum, but there's absolutely no lead that can't evaporate overnight if truly superior tech shows up in the space. I believe that is what we are seeing now. Cardano has the potential to very quickly close the gap and even take the lead.

>>20096334
Can you please take your discussion back to r/Cryptocurrency? Seriously go back. No one here is this low IQ

Cardano doesn’t plan to add smart contract programming – the key to building decentralized applications, known as dapps – until a subsequent phase; Ethereum already offers the functionality. According to the website DeFi Pulse, 19 of the top 20 dapps by volume are using the Ethereum network, and the remaining dapp is on the Lightning Network, which is associated with the Bitcoin blockchain.

>>20096192
At least someone gets it. The entire plebbit mindset of soibois making themselves feel superior cuz "muh tech and formal verification" which they don't understand AT ALL.. is a perfect fit for Caradano's academic larp nonsense. it's really just the same old appeal to authority low IQ idiots are drawn to because they can't make decisions for themselves.. a very easy group for someone like Charles to con.

>>20096144
I imagine this is what people had to do to sell companies on how computers could redefine their business. Steve Jobs did stuff like this a lot trying to get people to understand how computers could change every day life and wasn't just a hobby device for nerds.

>>20096390
you really are. clown.. cardano is like. horse with wheels.. incremental progress in blockchain will require some continuity with performance gains.. something that already runs evm and is familiar like harmony, ftm etc etc.. Cardano is a personal project by a really special guy named charles, but our little buddy isn't going to redefine the space starting from scratch. this may be a laserdisc at best.

>>20096390
you really are a hero worshipping clown.. cardano is like a horse with wheels not a supercar.. incremental progress in blockchain will require some continuity with performance gains.. something that already runs EVM and is familiar like harmony, ftm etc etc.. Cardano is a personal project by a really special guy named charles, but our little buddy isn't going to redefine the space starting from scratch. They already abandoned the haskell version and brought Rust out.. and that was literally the guy whoo designed the language. now they want their smart contract language to be haskell also? That might be the most retarded shit ever. Plutus can be easily debunked by citing Elm and Purescript which, however elegant.. are not used at all.

>>20096370
ETH 30%
LINK 30%
ADA 40%
That's my crypto split. I'm hedged between technologies I think can change the world. It will either be Ethereum, Cardano, or a yet to be created public chain that will be the default settlement layer for the 4IR...and I don't even believe it will only be one winner take all. Interoperability is going to be important because there will be many chains, not just one. Maybe both Ethereum and Cardano are wildly successful. i don't know. I'll put my money in both.

But let me tell you, I have serious concerns about Ethereum. I would like to think they get their shit together, but their task is so much harder than it would need to be if they had built it correctly from the start. I think Cardano has better tech and a much more solid approach...the kind of approach you need to take when you want the world's finance and data machine to be built upon you...not just ICO speculation. I WANT Ethereum to succeed, but I have reservations about it and see Cardano doing a much better job.

>>20096035
Chainlink is an oracle network that will interact with all blockchains. See here: https://medium.com/@The_Crypto_Oracle/the-seven-requirements-for-a-viable-decentralized-oracle-network-e634710ea11f
The main thing to recognise is that the oracle problem is distinct from blockchain technology - it is a very different problem and requires a different approach that doesn't involve the base layer. The small team working on this problem are repeating the same mistakes made by Tezsure earlier in the year when they were outflanked by Chainlink on oracles for Tezos.

The point about credentialed APIs is really that there will be no usage until they are implemented. Chainlink has such a headstart that the game will be long over.

>>20096559
I do agree with this. As much of a fan as I am of Cardano, Charles thinking he can build a better oracle is kind of dumb. I mean, maybe he could, but not without years of work and a real concerted effort. They aren't going to just "oh and here's an oracle", Chainlink will be the oracle for Cardano too unless IOHK sinks tens of millions and 3 years into the oracle problem. Chainlink is too far ahead.

>>20096666
It's being built by Ergo and Emurgo. IOHK has nothing to do with this, for now.

>>20096708
I thought the ERGO/Emurgo partnership was primarily related to stablecoin development.

>>20096708
It's not being built by them though? Just that they're sponsoring a few different solutions like other chains have done? Both Polkadot and Tezos have simply called Chainlink the "primary" or "default" oracle solution - there will always be other approaches.
This is best article on CLCG and Cardano. They've been given the task of this Chainlink integration: https://emurgoio-ghost-blog.herokuapp.com/dlab-meet-honeycomb-connecting-smart-contracts-to-high-quality-external-data-api-marketplace/

>>20096758
Nope, also Oracle Pools + other stuff to come. Ergo dapps will be added to Yoroi

>>20096764
And Emurgo gave them 200k to work on it.

Why do all these projects have gay ass names?
Ethereum is the only decent name.

Tezos: Jeff Bezos' jewish testicles
Cardano: Card-Ano? Car-Dayno? Car-dunno?
Algorand: Algo-Rand? Algor-and... actually this one might be kinda based.

>>20096764
Oracle Pools
https://www.ergoforum.org/t/oracle-pools-a-new-oracle-model/263

>>20096807
>gay ass names
>Ethereum named after World of Warcraft location

>>20096807
High quality FUD

>>20096854
Yeah exactly. They're sponsoring multiple approaches like other chains have done.

https://www.youtube.com/watch?v=jqk0jwNs2Ew

>>20088872
let's do this

>>20089846
Nobody fucking cares about Haskell. Did anyone think about that?

>>20096192
this. so many fucking plebs from reddit shilling cardano. you pajeets need to go back

>>20089145
give it some time and you can buy more below 5 cents

Not buying "ethereum killers" is the number one rule in cryptocurrency investing.

Stick to LINK.

>>20092076
Lmao imagine not having more than a million tokens

>>20096192
Based