/biz/ - Business & Finance

its on its way for 5 years kek

this shit still doesn't do anything after 5 years

>>20845083
ETH's attempt at proof of stake on it's way for 7 years kek

>>20845107
it's built on a foundation of granite. anyone can launch a shitcode platform in record time. that was never the goal, nor should it be. Cardano will be here for the next 100 years while those rushed to market slapdash projects will be long forgotten in the dustbin of oblivion

>>20845048
ooooo.. 5 years and 45million and.. staking.

Cardano not having smart contracts on mainnet for over 2 years.

How is Cardano going to survive The Great DeFi Bullrun with no ability to participate?

>Soon my centralized testnet is going to have staking.. and in a year it will have smart contracts too!!!!
>Keep working lil Chucky.. someday all of your dreams will come true.

In all seriousness anon.. Countless other projectcts have most or all of the features Cardano is working on NOW. This includes sharding, staking, smart contracts, 1 block finality and more. What can Cardano bring to the table except more claims of academic superiority? In the real world this smacks of appeal to authority and translates to nothing but excuses for delays.

How will they launch an as-yet-untested smart contract execution platform on a mainnet that is just about to start becoming decentralized and talk developers into learning a Haskell based language that isn't even finished yet.. in one year?

Explain why anyone, especially muh instiushunz, will use it or trust it with money when it isn't yet proven in the wild. There are countless other battle tested platforms based on languages people already know. There is tons of tooling that exists for these existing development platforms that developers rely on to get things done.

Then explain how >muh functional haskell/plutus language matters for Cardano when it didn't help Tezos at all. Saying "because it is better" is subjective and based on opinion and we all know it doesn't matter in the real world.

Does anyone have any actual answers for these questions? Are there are too many real world hurdles for Cardano to reach its stated goals and/or gain adoption? What is going to stop a coin with all of these issues and an inflated market cap from bleeding out like it did on the last pump to 8 cents?

With no smart contracts it is going to miss the entire DeFi wave and get passed by countless other projects. Prove me wrong.

>>20845048
>muh staking pools
shut the fuck up søyboy cardano is still vaporware that is not used and will never be used for anything

>>20845165
hi harmony fag.
Cardano not having smart contracts on mainnet for over 2 years
false. Cardano has smart contracts coming to mainnet in the next 5 months.

>>20845217
That's testnet and they are late on everything always. Post more promises and marketing collateral tho k?

>>20845190
i see you're new to crypto. a sell off after a 130% pump and (((sell the news))) was 100% expected.

>>20845048

>>20845217
>They have not even finished designing and testing their new "haskell style" smart contract language
>It will almost certainly flop like every other Haskell derived language.
>Many new platforms are already live with blazing performance metrics and everything Cardano is claiming they will deliver(for 4 years)
>Developers have already bought into Solidity and EVM.
>Cardano will be on the sidelines during the entire defi wave.

>>20845252
no harmony fag, you just make horseshit up out of an intense fear of Cardano
>muh 2 years
cardano has been dead on target and is hitting every key date these days. try again.

>>20845165
The answer to all of this is that if you want to use something in the real world, where people’s money is concerned anf you have more than a couple thousand users, things need to be a) rock solid, b) scalable and c) cheap.

Tell me which other project has this

>>20845048
>Haskell
>Plutus

Lol. No thanks.

>>20845326
Ok brainlet. Maybe try your hands on some html first. You‘ll get there!

>>20845316
>Tell me which other project has this

Chainlink's offchain computing scales ETH.

>>20845353
OK tranny.

>>20845165
Let's continue with your copy-paste harmony shill fudding, shall we
>What can Cardano bring to the table except more claims of academic superiority?
ad-homenim. you are raging anon. does it upset you that Ouroboros is the de-facto standard in Proof of Stake blockchain design for the scientific community now? Cardano's approach has paid off in spades. By embracing the scientific and peer review approaches, cardano has folded in the best and brightest minds in cryptography and computer language design, and because these are incentivized by publication and because cardano laid the foundations for the scientific peer-reviewed approach with blockchain tech, ouroboros now owns that space... for free. And now cardano reaps the rewards of researchers all over the world buliding on the protocol and improving it, for free. I am sorry this triggers you.
>In the real world this smacks of appeal to authority
boy you're salty

>>20845422
>Chainlink's offchain computing
will be working with Cardano as well. didn't you hear?

>>20845422
>Chainlink's offchain computing scales ETH.
Alright show me the papers proving that this is a better solution. Show me the proofs that make me trust my billions on it.

>tranny
Watch your mouth boy or imma kick your teeth in

>>20845165
>How will they launch... on mainnet
It's just work anon. There are well over 100 engineers working on this, and the shelly team will be rolling into the Gougen team after august to get this done. I wonder what your fud will look like as the inevitable approaches.
>an as-yet-untested smart contract execution
platform
no my salty harmony shill, both Plutus and Marlowe have been extensively tested and studied for the past 5 years. One of the gods of Haskell is on the job, so the types of disasters that occured in the design of solidity will not be happening in Plutus and Marlowe. For those who want to know more (not you, you disingenuous thread-deleting-when-you-get-crushed faggot) please see this:
Functional smart contracts on Cardano - presentation from the Cardano virtual summit
>https://youtu.be/MpWeg6Fg0t8

>>20845165
>on a mainnet that is just about to start becoming decentralized
yeah anon, 400+ stake pools live after 1 day. First blocks produced by those stake pools in 8 days. You are going to have to update your copypasta then. I look forward to it.

>>20845165
>talk developers into learning a Haskell based language
okay butthurt harmony faggot. Plutus and marlowe are subsets of haskell. Haskell devs will have zero problems using either. Marlowe brings a graphical programming interface to finance-domain-experts. they don't even need to be programmers to use it.
for those interested (not this butthurt harmony shill) see this clip.
https://youtu.be/MpWeg6Fg0t8?t=456
start at 7min 38 seconds
>that isn't even finished yet
languages are never "finished", even you know better than that

>>20845165
>based on languages people already know
nobody uses haskell, right anon?

>>20845165
>based on languages people already know
nobody uses haskell, right anon?
how will haskell devs write code in haskell

>>20845165
>based on languages people already know
nobody uses haskell, right anon?
haskell is dead, right anon?

>>20845165
>based on languages people already know
nobody uses haskell, right anon?
except AT&T

>>20845982
>>20846008
>>20846037
what

>>20845165
kek this struck a nerve
saving this pasta

>>20845165
>based on languages people already know
nobody uses haskell, right anon?
gee, I wonder if any of those Bank of America haskell devs might want to play with writing some smart contracts on a platform that they can just jump right into... gee, i wonder.
>https://www.coindesk.com/cardano-developer-iohk-launches-20m-fund-for-ecosystem-startups
nah, those haskell devs won't be interested in grabbing a bit of that development fund money to build out any pet ideas they've been mulling around... surely not.

>>20843775
Ethereum cannot scale thats a fact. The ETH 2.0 roll out is protracted and convoluted, not too mention that the technology they are working on is inferior and antiquated in comparison to Cardano. There is an atmosphere of ambiguity as to when the Ethereum development team will release a fully working product. If ETH 2.0 launches too early there will be without a doubt a series of disastrous catastrophic errors and bugs that will severally impact the confidence of users and investors. If they release ETH 2.0 too late they are going be left behind. Cardano has already developed a superior network that's orders of magnitude more technologically advanced than Ethereum 2.0. The ETH development team are working on an insurmountable task. Personally my own experience of using Ethereum has been overall a negative one, where the majority of the time I have to pay exorbitant amounts of money in gas fees only for my transactions to get stuck pending for one hour. If people that are technologically literate hate using Ethereum what will normies think of it when they clog the network trying to trade imaginary cats.

>>20845165
>based on languages people already know
nobody uses haskell, right anon?
except haskell devs working in Barclay's. I'm sure they won't have any ideas ready for quick deployment on a god-tier haskell-based blockchain... nah, surely not

>>20846118
not really anon, it's just that this harmony fag keeps posting it and claiming victory. there's so much there it requires a lot of posting to deconstruct it. I'll be linking back to this thread as reference the next time he (or you) post it. better to just get it done and done

>>20845165
>based on languages people already know
nobody uses haskell, right anon?
maybe some of those Credit Suisse guys might have a few ideas worth trying out. nah... let's just stick with solidity script kiddies, amirite harmony fag? kek

>>20845165
>based on languages people already know
nobody uses haskell, right anon?
I'm sure the haskell devs in the directional Credit Trading Group wouldn't have any ideas at all for deploying eth-soul-destroying god-tier defi applications on Cardano. no ideas at all.

holy shit man. nobody gives a fuck. if the coin is good, people will use it. it's very simple. we'll see what happens

>>20845165
>based on languages people already know
nobody uses haskell, right anon?
where are these haskell devs at? just can't find a single one

>>20846354
shh little eth-bagholding fudder fren. I'm dealing with the harmony shill presently.

>>20845048
>blocks your path

>>20845165
>based on languages people already know
nobody uses haskell, right anon?
how about the tech-sphere

>>20845165
>based on languages people already know
nobody uses haskell, right anon?
oh look, even intel is contaminated with haskell developers. how could they?

>>20845165
>based on languages people already know
nobody uses haskell, right anon?
Haskell development used for high scale services at microsoft. useless, clearly

>>20845165
>based on languages people already know
nobody uses haskell, right anon?
even nvidia. i guess you'll have to go with AMD for your harmony headquarters Cardano-fud-workstations

>>20845165
>based on languages people already know
nobody uses haskell, right anon?
I don't have a fucking clue what this one is all about.

>>20845165
>based on languages people already know
nobody uses haskell, right anon?
>There are countless other battle tested platforms based on languages people already know
I think siemens knows a bit more about battle tested platforms than you do anon

>>20845165
nope, haskell devs nowhere to be found

>>20845982
>>20846008
>>20846037
>>20846068
>>20846148
>>20846194
>>20846288
>>20846333
>>20846359
>>20846445
>>20846477
>>20846496
>>20846524
>>20846559
>>20846596
>>20846626
omg all that fake samefagging convo just to drop your shitty haskell pictures. cringe.
just kys already cardano is shit and will not survive avalanche.
cardano finality = 1 minute, it's absolute shit and no one will use it.
avalanche finality = <3 seconds.
ada is obsolete tech, deal with it.

>>20845165
>Then explain how muh functional haskell/plutus language matters for Cardano
well if the last dozen replies to your moronic copypasta from the harmony-HQ fud-cardano campaign weren't enough, why not let one of the Gods of the Haskell world explain it to you in about 3-5 minutes.
>https://youtu.be/MpWeg6Fg0t8?t=98
start at 1 minute and 38 seconds in

>>20846626
ok schizo...
completely irrelevant but I applaud the effort. Anyhow.. try posting if they ever actually make it to mainnet. See you in 3 years. I mean [1 year in cardanospeak]

>>20846730
COPE anon. nobody gives a fuck about 3 second finality vanity metric that comes with a metric fuckton of tradeoffs.

>>20845165
>Does anyone have any actual answers for these questions?
answered.
>Prove me wrong
done
>>20846814
ultimate cope

>>20846848
avalanche is superior in every metrics

>>20846899
>metrics
good luck with that

>>20846885
you didn't prove me wrong. Every Haskell derived programming language fails to gain real adoption. They are all developer circlejerks. Elm(perfect example), Purescript, OCAML etc. - I guess you know better and this time it will be different. How many smart contracts have you written in it?

>>20846964
will you be attending the next Cardano thread as well anon? and tomorrow's? same copy pasta tomorrow as well?

>>20845165
Fuck I didn’t know people fudded ADA like this, maybe time to start buying

>>20847228
Not really...
There are a lot of red flags in this project which don't make it useful.
If you learned a bit of software development you should know that functional programming is only used by failed mathematicians who want to program mathematics instead of machine code related efficient software.
It's an extreme pain in the ass to program something using a functional programming language and people always prefer imperative languages which are easy to write and understand.
Smart contracts are already difficult enough to understand for an expert, you don't want to add more complexity to something that lawyers will have to later validate...

The most used solution based on simplicity of use always wins.
A researcher doesn't have to make something useful because he gets a fixed salary from the state.
As such he has no understanding of basic economics and customer needs.
He only does it for his ego to get a better standing in the scientific world by writing more "papers".

>>20847065
are you avoiding the subject now anon? all of your shill threads will get debunked and the price will keep falling until this joke of a team produces something useful.

>>20847503
no anon, you're just going to keep shifting the goalposts ad-infinitum and writing soft-edged overarching claims and predictions that are not readily addressible. this makes sense since your goal here is to fud cardano and shill harmony, although you've gotten better at not overtly shilling harmony in the same threads that you fud cardano... so at least you're learning some basic memetic op-sec.

>>20847466
>t functional programming is only used by failed mathematicians
scroll up anon to see how very wrong you are.
>Smart contracts are already difficult enough to understand for an expert
translation, solidity is such a design disaster that you have to pay an outside firm a fuckton of $$$ to verify that your painstakingly designed smart contract isn't going to become the next disaster to lose people hundreds of thousands of dollars. solidity is NOT simple. and the video I have linked multiple times in this thread makes it crystal clear why that is so, and how Plutus improves on the design by leaps and bounds.
>based on simplicity of use
again, not solidity + javascript. this video makes it crystal clear to anyone with an open mind how wrong you are.
https://www.youtube.com/watch?v=MpWeg6Fg0t8

>>20847584
>addressible
lots of words.. you should learn how to spell a few of them. You started this shill thread. I debunked the scam. It hurts your feels cuz you are new and bought the top of a recurring PnD. You are attempting to distract from Cardano's shortcomings by claiming I am shilling another, admittedly more complete project. I am still pointing out that Cardano has nothing new to offer at present and historically have underdelivered on all of their promises.

>>20845111
Checked

>>20847745
>watch my marketing video...
you can tell he's not a developer. Just parroting claims of functional programming's superiority with no personal experience or understanding to back it up.

>>20845048
still no smartcontracts? lol. obviously no one cares about decentralization.

>>20845165
>Countless other projectcts have most or all of the features Cardano is working on NOW. This includes sharding, staking, smart contracts,
Literally why I dont care about Cardano or the shills getting excited over Shelly. Its a bullrun late to staking.

>>20845111
Checked. Ethereum 2.0 was supposed to be out in 2017, then 2018...now we are looking at *maybe* Phase 0 of a multiyear process coming out this year and Phase 0 doesn't even address scaling.

>>20845048
Fags who missed ChainLink might want to look into Cardano

I have 30% in ADA. I think it's being slept on by many

>>20848160
>already top 10
>no smart contracts
>no sharding
>delivers staking and dumps
what do think is going to happen?

>>20848185
Explode like crazy when those things are met?

>>20848361
>when
k.. keep us posted. meanwhile defi is happening and Cardano holders are left also holding their dicks.

>>20847775
>I debunked the scam
you tried, failed, and created a new copy-pasta cope thread.

>>20847745
You never programmed code using a functional programming language?
Try writing a basic hello world with a few counters in one the next time before answering someone with more experience on this subject than you...

It's easy to see that the only people using and developing these functional language are researchers working with a public fund.
If you go to any place teaching software development you can also see that it's always thought by an incompetent teacher, who makes you wonder how he managed to get this job (forced to it from previous mathematics studies and never learned software programming).

The reason you are paying to audit your contracts is because you are writing contracts worth billions, and if you get caught with a mistake it's going to hurt hard.
When looking at such big amounts paying $10000-50000 for an audit is like buying a cup of coffee for you.

Now if you have to audit functional programing instead of imperative programing you are going to have a hard time to find someone who understands it and is competent to do it properly.
Obviously your failed mathematician was not good enough to keep his previous job, so you will now have to find a company who wants to do this without losing all his experts to other fields.
Be prepared to pay these experts millions.
Your audit cost just went up to $200k-500k range!

>>20848445
And cardano is the only Blockchain able to claim it's fully decentralised and actually secure. God the idea that you think shitcoin X is going to be mass adopted when crypto takes off is surreal.

>>20848563
>37 Posts

>>20848737
>try writing basic hello world with a few counters
you're in luck anon, because plutus and marlowe are designed to simplify your life. if you're feeling a bit rusty in your old age, just stick to marlowe and you can drag and drop a nice little smart contract together, no auditing needed. awwww, innit' dat cute? cardano is not aimed at solidity script kiddies my reddit-come-biz-to-fud-cardano friend.

name one good thing Charles has done
pro-tip: you can't

this space is moved by PERSONALITIES, pedo-vitalik is one, sergey is another, etc etc

>>20848890
>that's what it took
easy to lay down a copy-pasta sentence slur of fuddery. takes time to decompile

>>20848954
cardano is specifically NOT a cult of personality coin, but that painting of charles triggers the fuck out of you leddit-fags so it's great fun to use

>>20848966
Complete mixup on my part, got you and his IDs mixed up and just ran with it.

Your fighting the good fight although it seems ultimately pointless. This guys either being paid or is actually Stephen take because he's completely obsessed with cardano

>>20849001
charles is the prototypical soiboi, he is destined to fail

>>20849023
>it seems ultimately pointless
you're probably right... think i'm gonna get some sleep now

>>20849072
Probably for the best, hope we make it bro. Feels like less of a gamble owning cardano than muh rank 200 flavour of the month scam

>>20849072
>>20849131
Godspeed, gentlemen

>>20845048
ergo

>>20848939
Are you trolling me?
Do you really believe developers with an IQ of 130+ who are paid to write everything you are using in modern technology won't want to murder the person forcing them to use a shitty graphical web interface to write code 100 times slower and with 50 times more bugs and missing features than basic code?

This may look easier to use for a McDonalds wagie, but the reason he is getting paid to make hamburgers is because he doesn't have the ability to make something more useful for society.
Graphical UI is an appeal for these people.
Unfortunately the most important ability required for something to write contracts and code is his ability for logical deduction strongly correlated with IQ.
And I can tell you you are going to have to pay a huge amount of money to get them to tolerate this long enough until they retire quickly like traders due to their high income or switch to something they like doing for a lesser income.

>>20849814
This is an option, not a mandate. You can program directly with Plutus.

>>20849949
I asked you to program a Hello world program with counters.
Your picture doesn't print "Hello world" anywhere and it doesn't increase counters.
Come back after you try doing it and realize you can't because it's not supported by your graphical UI like the rest of features of a complex smart contract...

>>20845048
Can you stake it on Binance?

>>20845048
>>20850291
If not, how to stake?

>>20847466
>>20848737
>>20849814
>>20850246

Fuck off you arrogant, dislikable, snobbish, pseudo intellectual cunt.

I think Cardano is hands down the worst crypto on the market. Every single about it is stupid. From Charles, to it's actual use, to the way it was shilled.

>>20845048
I can stake my useless tokens to get more useless tokens!!!!

Every fucking coin has staking now a days retards. When Cardano can issue native assets and compute smart contracts i’ll consider investing. I doubt they get there, especially not this year. It took Charles 5 fucking years to even get staking out.

>>20850427
>Every fucking coin has staking now a days retards.
What about Bitcoin, Ethereum, Litecoin, Chainlink and Monero? Where can I stake those?

Cardano is literally the only project that's not an ERC-20 token or Tron that's in the top 100 that you can pretty much stake right now. Staking and proof of stake consensus are two different things

>>20850593
Those are proof of work coins you fucking dipshit.
Tezos, dash, Neo, Cosmos, and Vechain from memory all in the top 30 have had proof of stake before Cardano.

>>20850314
There is a biz pool being set up as we speak. Set up your Daedalus wallet and Check out @bizcardano at Twitter, find the telegram link.

>>20850593
>link
You can get 6% on your linkies at Crypto.com but it’s KYC so taxes guaranteed

>>20850291
Binance will face-fuck you on fees, no question about it. Stake through Daedalus, keep watching biz for the biz ADA pool.

>>20845048
I wonder how much ADA would be worth if they didn't have a neckbeard selfiewhore as the face of their brand

>>20850427
I'll break it down more for you understand.
On Cardano the network is run on a proof of stake consensus thus by staking you are validating epochs and securing the network. (Proof of stake)

Staking ERC-20 tokens COMP, Maker, aave ect you are not securing any part of any network, your staking is literally locking up your tokens under a smart contract on the Ethereum network (proof of work)

It's not the same thing

>>20850639
>>20850707
Thanks

>>20850729
Hoskinson is not some bugman, if anything he is a principled libertarian, even if you hate him, Cardano is a great invention and a worthwhile one investment unlike eg. (((XRP)))

>>20850427
>Every fucking coin has staking now
>>20850638
>Those are proof of work coins you fucking dipshit.
Looks like your the "dipshit" that contradicts yourself

>>20850776
It is absolutely the same thing for the coins I listed. You are fucking dumb. You buy your first Crypto this year?

>>20850819
Nearly every PROOF OF STAKE COIN has rolled out staking before Cardano, there better for you dumbass?

>>20850834
I'll break it down more for you understand.
On Cardano the network is run on a proof of stake consensus thus by staking you are validating epochs and securing the network. (Proof of stake)

Staking ERC-20 tokens COMP, Maker, aave ect you are not securing any part of any network, your staking is literally locking up your tokens under a smart contract on the Ethereum network (proof of work)

It's not the same thing

>>20850853
I'll break it down more for you so you understand.
On Cardano the network is run on a proof of stake consensus thus by staking you are validating epochs and securing the network. (Proof of stake)

Staking ERC-20 tokens COMP, Maker, aave ect you are not securing any part of any network, your staking is literally locking up your tokens under a smart contract on the Ethereum network (proof of work)

It's not the same thing

>>20850863
HOLY SHIT YOU FUCKING RETARD I DIDN’T LIST A SINGLE ERC20 TOKEN

FUCK OFF NEWFAG.

>>20850883
I'll break it down more for you so you understand.
On Cardano the network is run on a proof of stake consensus thus by staking you are validating epochs and securing the network. (Proof of stake)

Staking ERC-20 tokens COMP, Maker, aave ect you are not securing any part of any network, your staking is literally locking up your tokens under a smart contract on the Ethereum network (proof of work)

It's not the same thing

>>20850882
retard

>>20850912
I'll break it down more for you so you understand.
On Cardano the network is run on a proof of stake consensus thus by staking you are validating epochs and securing the network. (Proof of stake)

Staking ERC-20 tokens COMP, Maker, aave ect you are not securing any part of any network, your staking is literally locking up your tokens under a smart contract on the Ethereum network (proof of work)

It's not the same thing

>>20850799
does that change anything I said?

>>20850933
i can post the same thing too
watch

retard

WTF RU STAKING? The blockchain doesn’t do shit. So right now ADA is a store of value with no utility. These are the type of projects out for 4-5 years that scam up the top 20 and takes away credibility from crypto space. The fact that ETH has useable smart contracts is the only reason why Cardano has any value..
> eth doesn’t scale mah ada coin does
> eth doesn’t have POS mah coin does.
Stfu. 5 years with practically unlimited money and they couldn’t put together one defi project running on ADA?
EOS and ADA = vaporware

>>20851045
I'll break it down more for you so you understand.
On Cardano the network is run on a proof of stake consensus thus by staking you are validating epochs and securing the network. (Proof of stake)

Staking ERC-20 tokens COMP, Maker, aave ect you are not securing any part of any network, your staking is literally locking up your tokens under a smart contract on the Ethereum network (proof of work)

It's not the same thing

PS i hope other projects try to run on Cardano. It’s good to have multiple chains competing for market share.
But so many years and nothing functional on the chain is truly disappointing. Was expecting more.

>>20851270
i can post the same thing too
watch

retard

>>20851317
I'll break it down more for you so you understand.
On Cardano the network is run on a proof of stake consensus thus by staking you are validating epochs and securing the network. (Proof of stake)

Staking ERC-20 tokens COMP, Maker, aave ect you are not securing any part of any network, your staking is literally locking up your tokens under a smart contract on the Ethereum network (proof of work)

It's not the same thing

>>20851322
i can post the same thing too
watch

retard

>>20850639
>>20850707
My scam alert is tingling

>>20851354
I'll break it down more for you so you understand.
On Cardano the network is run on a proof of stake consensus thus by staking you are validating epochs and securing the network. (Proof of stake)

Staking ERC-20 tokens COMP, Maker, aave ect you are not securing any part of any network, your staking is literally locking up your tokens under a smart contract on the Ethereum network (proof of work)

It's not the same thing

>>20851575
i can post the same thing too
watch

retard

>>20850246
>using counters in functional programming
you must be a pajeet

>>20851779
>does he even understand recursion?