Is cardano more valid in 2020?

[Anonymous No.20930971]

Yeah or neah

[Anonymous No.20931069]

>>20930971
It's less viable the longer they take. For instance, when they started talking about PoS there were very few PoS blockchains in production. Now there are several and they have smart contracts too, which Cardano doesn't. They also have sharding which Cardano doesn't. They also support Solidity+EVM which Cardano doesn't. Cardano is a goood story but until they deliver something useful it's still just overpriced vaporware and the token us useless, except for staking on a network that can't do anything.

[Anonymous No.20931153]

>>20930971
I have a big stack of LINK that I used for yield farming. There is 0 chance any of my collateral finds its way over to ADA. Eth already has network effects kicking in and it's going to be an uphill battle to claw collateral away from and every growing network of integrated dapps.

[Anonymous No.20931155]

Easy HODL mid to long term, there's no way Cardano isn't reaching at least it's all time high ($1.34) by the end of 2020

[Anonymous No.20931200]

>>20931155
checked
but doubts.jpg

cardano will thrive as soon as ethereum delays further, is hacked, is bugged or anything else turns to shit.

[Anonymous No.20931359]

>>20931200
it still can't do what ethereum does. Cardano has zero exposure to defi. If eth goes down it will instantly be replaced by a more advanced eth 2.0 protocol network that is already running.. not some pipe dream science fair experiment with no smart contracts like Cardano.

[Anonymous No.20931414]

>>20930971
hmmm
speculative tech
no adoption
no usage
no hope of either of these in the near future
a repulsive man in charge
hmmmmm tough decision

[Anonymous No.20931428]

>>20931069

they just did though, they just delivered staking and have now 600+ pools.

I understand that they still have to prove themselves but since they dealt with the causes of multiple delays they have been delivering every milestone they promised.

[Anonymous No.20931490]

>>20931428
They have been late delivering staking like 3 times. More importantly, what the fuck is staking good for except more ponzi token antics. For all of the talk and papers etc.. Cardano has not produced a useful network yet. If it goes according to plan it should be epic, but right now it is in no way positioned to pick up the slack from Ethereum. If it takes a year to get smart contracts on mainnet, will that be too late?

[Anonymous No.20931526]

Charles confirmed an ERC-20 token converter.....it's pretty much game over for ETH at this point.

[Anonymous No.20931775]

>>20931069
Becuase most of them are copies of Ethereum. Cardano is built completely from scratch, following a slow and tedious scientific process. The choice of Haskell was also a reason it's slow. It's more time consuming to code in, but the chance of getting it right the first time is higher, so less chance of bugs. Bugfixing takes time.
It still remains to be seen if this approach was worth it.

[Anonymous No.20931777]

>>20931428
staking of what and for what

[Anonymous No.20931912]

Once you can wrap other tokens in cardano, there will be more use case. So buy in while there’s no use case and profit when there inevitably is.

[Anonymous No.20931925]

>>20931775
The "it takes forever because it's science" meme is tired and irrelevant. What you are saying is pure hopium because actual vetting will occur when these things are tested in the wild if they are ever delivered. If they don't get smart contracts out the door immediately they are going to miss the entire next wave. I'm not trying to convince anyone.. just saying investing in this even for speculation seems misguided since it isn't going to be useful for quite a while. Maybe they will fabricate announcements to keep the moonbois interested but there are real products out there for them to play with now. I see ADA bleeding out until REAL smart contract functionality is released on mainnet.

>>20931777
On actual networks as opposed to eth defi scams you stake the native token for more native tokens.

[Anonymous No.20931936]

>>20931200
The problem with Ethereum 2.0 in 2020/early 2021 is that Phase 0 doesn’t address scaling at all. So gas prices will be as bad after Phase 0, if not worse due to more traffic. A lot of defi is getting hammered with gas prices. You can’t transact with all these ERC20 tokens without incurring huge gas fees and dropped transactions. I think the faults of Ethereum will continue to be clear to all until at least sometime in 2021 whenever they are able to drop Phase 1 and if it actually works. So lots of time for Cardano to carve out some market share.

[Anonymous No.20931969]

>>20931912
delusion. nobody is going to move popular assets from a thriving ecosystem to an empty network. If all you are banking on is Cardano being the new shitcoin platform thats pretty sad.

[Anonymous No.20931970]

>>20931490
You know Ethereum 2.0 was supposed to be a 2018 release. Please don’t imply that Cardano is the only project not meeting deadlines while trying to solve incredibly difficult new problems. There’s no repository these guys can just go copy. They are solving problems that haven’t been solved before or not at the scale that they need to be.

[Anonymous No.20931998]

>>20931936
It can't start carving until it can do something. Cardano cannot even support a simple token right now.

[Anonymous No.20932002]

>>20931490
Additionally, smart contracts are done. They will be going on test net soon and will be on mainnet before the end of year.

[Anonymous No.20932005]

>>20931925
>The "it takes forever because it's science" meme is tired and irrelevant.
And your view on doesn't change the fact that doing it that way takes more time.

[Anonymous No.20932047]

>>20931970
Why can't you guys talk about anything except ethereum's faults? Why not hold off on the shit talking until Cardano can do... anything at all?

[Anonymous No.20932054]

>>20931969
NiPoPoWs
They can move them there temporarily, for smart contract functionality, then move them back in 1:1 ratio, ADA holders get transaction fees in that wrapped token.

[Anonymous No.20932093]

>>20931359
it will have smart contracts end of this year. i dont know if all the DEFI apps can easily move but security issues and gas prices are real.

[Anonymous No.20932100]

>>20932002
That's just talk man. They are always late.. so when I say.. No smart contracts on mainnet for at least a year... I'm being conservative. The truth is all anyone here cares about is if their number go up... It's all shilling by non-tech moonbois anyway.

[Anonymous No.20932112]

>>20931998
As I’ve said, Goguenard is going to test net soon and will be on mainnet before the end of year. Goguen is smart contracts and native assets. They have 200 million ADA in a fund for defi dApp development to jump start development. I’m not saying Cardano’s success is guaranteed. It’s not. They have a lot of ground to make up for sure. I accept the fact that they may fail at gaining developer adoption. But I do think the Ethereum’s problems right now and their slow road map to addressing the issues gives Cardano a decent window of opportunity. They still need to nail that opportunity as well. But I think they have positioned themselves well and the outlook is pretty good through the end of the year. I won’t even entertain a bearish outlook of Cardano until well into 2021 unless something absolutely major happens, either in Cardano, Ethereum, or otherwise.

[Anonymous No.20932151]

>>20932112
Yeah and coinbase pump coming soon.
It's an easy hodl. I'mma just stake until 2023 then cash out and live on an island surfing

[Anonymous No.20932215]

>>20932100
>It's all shilling by non-tech moonbois anyway.
You expect something else here?

[Anonymous No.20932293]

For those who want an overview to what sets Cardano apart:
https://youtu.be/7MJIrOs5Ij8

This is on top of potentially absorbing ERC20-tokens, so good momentum now with Ethereum 2.0 being delayed.

[Anonymous No.20932321]

>>20932151
>>20932293
>>20932215
ya.. I guess they can't be blamed for getting conned. The academic larping is pretty effective.

[Anonymous No.20932397]

>>20932321
Rather that than unicorn T-shirts and "dude, trust me".

[Anonymous No.20932472]

>>20931925
>On actual networks as opposed to eth defi scams you stake the native token for more native tokens.
what networks?
where does this value come from?
is it actually just inflating the currency and changing who the bags need to be dumped on?

[Anonymous No.20932528]

>>20931936
For now loopring can solve this problem. But needs adoption.

[Anonymous No.20932568]

>>20932293
xrp solves this way better than cardano

[Anonymous No.20932642]

>>20932047
I hold ETH as well. It’s not my intention to fud Ethereum, but to just talk about these projects candidly. I don’t think anyone can talk about Ethereum as having no issues with a straight face. It’s exactly these issues that give Cardano the window of opportunity. Nowhere do I say that Ethereum’s issues means it’s dead and Cardano has won. That’s silly. But when trying to look at Cardano’s potential path to success, it’s important to discuss competitors and the realistic lay of the land.

[Anonymous No.20932725]

>>20932100
Maybe. But the one thing I’ll say is they have been nailing this current roadmap. They’ve delivered on every milestone going back to late last year. Yes, they were in development hell and missed a lot of promises. But the last 10 months or so they have been delivering. At this point, I feel that they will indeed deliver on Goguen before EOY.

[Anonymous No.20932848]

>>20931936
> what are omg and other l2 solutions

[Anonymous No.20933111]

>>20932848
But are the big defi platforms even using them? Again, you can have a solution, but if it isn’t used, does it matter? The potentially the same argument against Cardano, right? It doesn’t matter if it’s the superior L1 chain if nobody uses it. So adoption matters. I’m bullish that they can attract development, but if they can’t, they are dead. Betamax was superior to VHS and guess who won that. Superior tech doesn’t guarantee victory. Bitcoin has Lightning...is that widely used? We’ll have to see how things go, but even the Ethereum dev team recognizes that they need scaling solutions that are L1. Until they fix some of the big issues, there is an opening for a competitor to come up and steal market share. That window is from now until Q2 2021 at a minimum and maybe later. Ethereum is wounded right now, but has a lot of momentum. Maybe enough to keep them going until they fix everything. But I’m placing bets on Cardano as well.

[Anonymous No.20933153]

>>20932848
>What is Ouroboros Hydra
https://iohk.io/en/blog/posts/2020/03/23/from-classic-to-hydra-the-implementations-of-ouroboros-explained/

[Anonymous No.20933499]

>>20931069
>when they started talking about PoS there were very few PoS blockchains in production. Now there are several
and nobody cares about those because they have questionable security properties and everybody knows that the future is in a granite solid platform. there is only one proof of stake system that is mathematically proven to have the security guarantees of bitcion, and it is Cardano.
>and they have smart contracts too
sorry, but nobody cares about a POS system with questionable security guarantees. it just ain't gonna sell. it'll work for ETH 2.0 because there is already momentum on that platform. It worn't work for the platform you're here to hype.
>They also have sharding which Cardano doesn't
and nobody cares because sharding a slapdash rush to market pos system is unconvincing. the security guarantees just are not there and without that you can kiss goodbye the future of your platform. and yes, we know who you are.

[Anonymous No.20933566]

>>20933499
>and nobody cares about those
you live in a moonboi echo chamber. good luck

>sorry, but nobody cares about a POS system with questionable security guarantees
Nigga on WHAT do you base the assertion that Cardano is more secure than anything else? Muh formel proofs? Bitch you got conned. It is based on nothing but larping.

>nobody cares about anything important cuz my vaporware doesn't claim someday it will have it.
damn son.. you're NGMI

[Anonymous No.20933569]

>>20931414
>a repulsive man in charge
You won't last a second in the race wars. Cardano will be $100 each and will leave you wondering why you ever spent time FUDposting.

[Anonymous No.20933577]

>>20931359
>it still can't do what ethereum does
last week you were saying they would never launch proof of stake. there is no rush. ethereum is the king fish in a tiny pond. Cardano is going to take the ocean.
>Cardano has zero exposure to defi
the world ends on december 31st of this year. if everything isn't live and finished by december 31 of this year the platform is dead. the sky is falling chicken little. you're grasping for any nook and crevice. like I said. last week you were grasping at "they will never launch shelley" this week its "muh defi - no exposure". there is a clear path to defi on Cardano - the only one who is scared about that around here is the guy here to fud cardano day in day out in hopes of making his slapdash sharded shitcoin that has no traction look appealing. ain't gonna work.

[Anonymous No.20933630]

>>20932725

>But the last 10 months or so they have been delivering. At this point, I feel that they will indeed deliver on Goguen before EOY.

this is what these people don't get, yes cardano was in development hell, yes it was a fucking mess, they couldn't hit a deadline to save their lives. But that was addressed. Go ahead, find a single missed date from this last road map.

[Anonymous No.20933637]

>>20933577
Dead until smart contracts are a reality. sorry anon. I might take a look when it hits 2 cents in a couple of months.

[Anonymous No.20933661]

>>20931414
>speculative tech
proof of stake (speculative tech) - nope
smart contracts (speculative tech) - nope
on chain governance (speculative tech) - nope
on chain treasurey (speculative tech) - nope
identity and credential management (speculative tech) - maybe
>no adoption
false
>no usage
false
>no hope of either of these in the near future
false
>repulsive man in charge
that's just your opinion man

[Anonymous No.20933664]

>>20932568
xrp is centralized trash and counter to everything the blockchain stands for you dumb faggot.

[Anonymous No.20933688]

>>20932397
And gains

[Anonymous No.20933733]

>>20933661
it only has
>proof of stake (speculative tech)

does it have?
smart contracts (speculative tech) - nope
on chain governance (speculative tech) - nope
on chain treasurey (speculative tech) - nope
identity and credential management (speculative tech) - maybe

[Anonymous No.20933743]

>>20933637

>dead

the amount of stake pool operators running pools tells another story, cardano was already at 2 cents, your own fault if you didn't pick up a fat fucking bag thinking of staking.

[Anonymous No.20933788]

>>20933661
it only has
>proof of stake (speculative tech)

does it have?
>smart contracts (speculative tech) - nope
>on chain governance (speculative tech) - nope
>on chain treasurey (speculative tech) - nope
i>dentity and credential management (speculative tech) - nope

>>20933743
bitconnect was "alive" too.

[Anonymous No.20933791]

>>20931490
>what the fuck is staking good for
says the guy who shills an unappealing stakign platform day in day out. staking secures the network. that's what it's good for. it replaces the lottery mechanism in bitcoin that is known as mining.
>Cardano has not produced a useful network yet
Bitcoin is not useful - your retarded logic.
>right now it is in no way positioned to pick up the slack from Ethereum
no shit retard. it's called gougen. btw, cardano is not aiming for Ethereum.
>smart contracts on mainnet
this year - for the umpteenth time

[Anonymous No.20933830]

>>20931526
yep. they're going to port over every single ERC-20 in their current state to a Cardano testnet. give developers of those projects a glimpse of what they could have if they want

[Anonymous No.20933841]

>>20933661
it only has
>proof of stake (speculative tech)

does it have?
>smart contracts (speculative tech) - nope
>on chain governance (speculative tech) - nope
>on chain treasurey (speculative tech) - nope
>identity and credential management (speculative tech) - nope

>>20933743
bitconnect was "alive" too.

[Anonymous No.20933861]

>>20933788

did bitco next have 600+ pools (probably more now) a few hours after staking was released ?

yeah, stupid comparison.

[Anonymous No.20933901]

>>20931925
>The "it takes forever because it's science" meme is tired and irrelevant.
nobody said that, just you - the highly obsessed cardano fud factory on BIZ.
>if
>if
>if
cope anon. smart contracts are coming this year in 2 big releases.
>I'm not trying to convince anyone
kek. rrrriiiiigggggghhhhttttt.

[Anonymous No.20933961]

>>20933830
>>20933791
you probably think that would be a good thing. Either way.. have fun with your speculative gambling token. I am going to go talk about networks that can actually support defi. I'll check back at the end of the year tho, to see how long the postponement announcement(s). Have fun shilling this project that does absolutely nothing for another year.

[Anonymous No.20933963]

>>20931969
the purpose of wrapping is not to move the asset permanently to Cardano. you need to do a little bit more research. the purpose of wrapping is to move them over to borrow functionality that cardano provides. you're then free to send them back to the original network
>If all you are banking on is Cardano being the new shitcoin platform thats pretty sad.
strawman arguments are sad

[Anonymous No.20933991]

>>20931998
>right now.
>if
>right now
>today
>if
>if
>fud
>fud
>fud
your sullen silence will be a welcome relief as the year draws to a close

[Anonymous No.20934016]

>>20932047
>Why not hold off on the shit talking
that's all your doing in this thread anon. why not look in the mirror

[Anonymous No.20934051]

>>20932100
>so when I say.. No smart contracts on mainnet for at least a year
...you're coping. you are doing this because you want people to discount cardano as it's the greatest threat in the entire cryptosphere. nobody gives a fuck about your shitty slapdash shard-coin.

[Anonymous No.20934088]

>>20932472
>>20932472
he's a shitcoin shiller who is a dedicated cardano fudder. nobody gives a fuck about his platform so he fuds the obvious coming king of crypto in hopes that if cardano disappears his craptastic platform might have a chance.

[Anonymous No.20934109]

>>20933566
sorry anon, nobody cares about your shit project. that's why it's so embarrassingly low on cmc.

[Anonymous No.20934162]

>>20933637
>Dead until smart contracts are a reality
nope. it'll be climing in CMC rankings because people see the inevitable now. when gougen hits I'll harvest the salt from your tears.

[Anonymous No.20934174]

>>20933566
>Muh formel proofs?
https://www.youtube.com/watch?v=-CTNS2D-kbY
Yes

[Anonymous No.20934293]

>>20933788
>proof of stake (speculative tech)
only for every other proof of stake shitcoin that does not have a provable security model. that would include your favorite coin btw.
>does it have?
>smart contracts
yes, functioning very nicely on testnets that you can use right now.
https://prod.playground.plutus.iohkdev.io/
https://alpha.marlowe.iohkdev.io/
the hard part is over, now it's just to roll them into mainnet... THIS year. i know, this makes you rrrreeeeeeeeeeee
>on chain governance
rolling in this quarter
>on chain treasury
rolling in this quarter and the next
>identity and credential management
https://atalaprism.io/
yes. you can download the app if you want.

[Anonymous No.20934329]

>>20933961
>I'll check back at the end of the year tho
by end of the year, you mean every day... and in every cardano thread... and in countless cardano fud threads.

[Anonymous No.20934351]

>>20934329
I didn't know anyone fudded it. It has only been talked about here since the recent pump.

[Anonymous No.20934512]

>>20934351
rrrrriiiiigggghhhtttt. your talking points and language glow - and nobody cares about your slapdash rushed-to-market platform with questionable security guarantees.