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#Post#: 153--------------------------------------------------
A Blockchain for the Next 100 Years
By: TI Naugs Date: September 6, 2019, 11:58 am
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Really enjoyed this (obviously Cardano supportive) article by
Weiss Ratings (posted on twitter here
HTML https://twitter.com/WeissCrypto/status/1170002503401951232_
The article discusses how the Bitcoin and Ethereum have a
purpose but even with recent developments are not accomplishing
their grand goals.
"Bitcoin has managed to be successful using this approach. But
only by confining itself to a single use-case: store of value,
with some payment functionality sprinkled on top.
Ethereum has a much grander vision: an energy-efficient, fully
decentralized ledger that can scale up to millions of
transactions per second … and yet be so lightweight, it could
run on a home PC.
The biggest dilemma: Developers have not yet figured out how to
get Ethereum from where it is today ... to anywhere near its
grand vision."
Cardano is building a blockchain that is future proof. They
have some big releases about to be released:
"A few weeks from now, ADA will hit the next phase of its long
development roadmap, with the release of a testnet. This will
allow public nodes to run the Cardano ledger in an environment
that closely simulates reality. For the first time, independent
validators will be able to run a beta version of the ADA ledger.
After this, staking will be allowed. This means small
token-holders will be able to pool their resources to validate
the Cardano ledger and earn the rewards for it. This will give
people a convincing near-term reason to buy and hold ADA coins.
And it’s likely to breathe new life into ADA tokens."
Personally I love the project but in this space the waiting game
is very difficult to stomach. Everything feels like it is moving
so fast and the hype machine is still in full swing creating
doubt around anything that doesn't hit the headlines, listings
and partnerships week after week.
HTML http://weisscrypto.com/en/article/cardano-the-true-potential-of-crypto-for-the-real-world
#Post#: 157--------------------------------------------------
Re: A Blockchain for the Next 100 Years
By: Ziadjbt78 Date: September 6, 2019, 3:27 pm
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[quote author=TI Naugs link=topic=134.msg153#msg153
date=1567789118]
Really enjoyed this (obviously Cardano supportive) article by
Weiss Ratings (posted on twitter here
HTML https://twitter.com/WeissCrypto/status/1170002503401951232_
The article discusses how the Bitcoin and Ethereum have a
purpose but even with recent developments are not accomplishing
their grand goals.
"Bitcoin has managed to be successful using this approach. But
only by confining itself to a single use-case: store of value,
with some payment functionality sprinkled on top.
Ethereum has a much grander vision: an energy-efficient, fully
decentralized ledger that can scale up to millions of
transactions per second … and yet be so lightweight, it could
run on a home PC.
The biggest dilemma: Developers have not yet figured out how to
get Ethereum from where it is today ... to anywhere near its
grand vision."
Cardano is building a blockchain that is future proof. They
have some big releases about to be released:
"A few weeks from now, ADA will hit the next phase of its long
development roadmap, with the release of a testnet. This will
allow public nodes to run the Cardano ledger in an environment
that closely simulates reality. For the first time, independent
validators will be able to run a beta version of the ADA ledger.
After this, staking will be allowed. This means small
token-holders will be able to pool their resources to validate
the Cardano ledger and earn the rewards for it. This will give
people a convincing near-term reason to buy and hold ADA coins.
And it’s likely to breathe new life into ADA tokens."
Personally I love the project but in this space the waiting game
is very difficult to stomach. Everything feels like it is moving
so fast and the hype machine is still in full swing creating
doubt around anything that doesn't hit the headlines, listings
and partnerships week after week.
HTML http://weisscrypto.com/en/article/cardano-the-true-potential-of-crypto-for-the-real-world
[/quote]
I have big faith in Cardano. Stellar team of academics and
computer science wizards. Rock solid technology. Real life
applications and use cases. Big progress this September with the
imminent release of Shelley. Founder of ADA is co-founder of
ETH, he knows what ethereum lacks and working hard on fixing it
in Cardano. No doubt one of my all time favorite coins!
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