What is Cardano ADA? Programmer explains.
Cardano (ADA) cryptocurrency has gained a lot of steem recently and a natural question is of course what it is and what's special about Cardano. That is exactly what we are talking about today. What do you think about Cardano ADA guys? Leave your comments below!
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Ivan on Tech by Ivan Liljeqvist
Some people said that the ADA team earn a lot and go to other city to make love with local people.
Cardano mainly copied dPoS from EOS, Steem and Bitshares. Check @dan's post on the subject. The few minor changes they made actually make the coin worse. That's all according to @dan, not my opinion.
And I believe @dan because he is a very big figure in cryptocurrencies, who created Steem, and EOS.
I agree with you. There is nothing unique with Cardano. The timeline for Cardano is long. EOS and Bitshares will beat them out.
Good technical analysis on crypto:
The worst part about Cardano incorporating others features is they do not even have a beta product to test out. I personally view it as one of those coins that have too much ambition.
Well they have centralized mainet and a working wallet. A lot of other projects only have ERC20 tokens like EOS, VeChain,... and of course no wallet. But they have an easy solution, use ERC20 wallet... The problem here will be when transitioning to their own mainnet there will be lots of exchange, wallet issues. But then again Cardano has some of this issues now. I would say that in this sense Cardano has a big head start here.
Full disclosure I own all this coins.
Thanks for the reply. I know on Binance they have the withdrawal suspended at times, which makes me wonder about when they do finally switch to their mainet.
They have mainnet running just withoug PoS for now.
Yeah heard about that too. What do you think about this @ivanli?
Dan and Charles are attaching each-other right now on the web....
yeah, I'm aware, but we don't know exactly what happened between them so I'm neutral in that regard :)
@ivanli, thats what I like about you channel! Your always impartial and focused in explaining in more detail as possible (no John and Mary explanations) without making it boring to watch!
Well (in short) Dan accuses Charles that he stole the PoS concept from him. Welcome to "Crypto drama" series!
How can you accuse someone to steel a concept from you in an open source revolution?
Talking about big figures Charles was cofunder of Ethereum. What is your point?
Really don't know why everyone is picking on Charles who is an honest, transparent, hard working guy. If you ask me they are just scared. But time will tell.
Charles replied, and basically Dan is full of it.
https://steemit.com/cardano/@brixx/eos-vs-cardano-ada-drama
Thanks for the review, learned a lot from it.
Didn't heared for long the functional vs imperative languages haha
I would be glad if you can go even dipper, because it was really on the surface lecture.
But it sounds like Cardano have its place in the battle for giants, yet @dan arguments are tough, and I would go with EOS long term...
I would suggest for the viewers also reading this ->
https://steemit.com/cardamon/@dan/peer-review-of-cardano-s-ouroboros
It seems like there are too many cryptocurrencies to even keep track of them all, how is this not diluting the market? Love it @ivanli
Also a note on functional programming. It is true that it is easier to mathematically verify the code, but the main advantage is simpler, composable and testable code. This is because you are not creating side effects within the code. Inputs define the output and not like with imperative code where a lot of time functions rely on outside state and also change it. So it is build on simple principals like immutable data(just like blockchain) and simple composable functions.
Every day we see a new platform claiming theoretically it is the best or etherium killer . Cardano, EOS,, Aesf, raiblock, many and many to mention or even to remember. I wouldsay first there is a difference between theoretical claim and achieving this in reality. No one knows which platform will win more or which will die by time or newer technology. But eventually , and for sure, unleashing the minds freedom of the impossibilities to become true has and will become the biggest winner.
Thanks for the explanation on Turing Complete. Great summary on the functional and imperative languages. Thanks.
Really nice!
could you compare the difference of cardano v.s. eos?
I don't know much about the nuts and bolts of Cardano but my husband invested in it in late December, and he did very well. He keeps an eye on it and when he sees there's likely going to be an uptick he invests again.
Thanks for another great vid! I've learned so much listening to you, I'm so glad I can support you with my upvote!