Cardano (ADA) has the potential of surpassing Ethereum (ETH) – Charles Hoskinson

Cardano (ADA) has the potential of surpassing Ethereum (ETH) – Charles Hoskinson
фото показано с : invezz.com

2021-3-16 12:37

Founder of Cardano and Chief Executive Officer of IOHK Charles Hoskinson granted an interview recently, claiming that many top companies are choosing Cardano (ADA) over Ethereum (ETH).

He expressed the prospects of the platform and the ambitious developments currently going on with the platform. He revealed that more than 100 companies are in the process of shifting from Ethereum blockchain to the Cardano platform.

Potential of surpassing Ethereum

He also added that he aspires to be a major part of the DeFi revolution, adding that his Cardano blockchain has the potential of surpassing the market leader Ethereum. Hoskinson reiterated,

 “You can take your Defi and you can run it on my system for 1/100 to 1/1000 of the cost.”

He also discussed Cardano’s (ADA) price surge in recent months and attributed its performance to the platform’s growth.

However, an article by Olga Karif was highly critical of the Cardano network. He argued that even billionaire Michael Novogratz crowdsourced information about ADA

Karif added that the network is still lacking in some areas, including many functionalities that are available on its more established rivals such as Ethereum. He went as far as comparing the ADA network to other meme stocks like GameStock which rose tremendously in price due to frivolous reasons.

Karif stated that he doesn’t know of any important application that uses the Cardano or any demand for the platform yet.

“I am truly mystified as to why it is enjoying a resurgence in popularity,” he added.

High fees on Ethereum not feasible for developers

Hoskinson defended Cardano, stating that the high fees on Ethereum make it not feasible for developers. Additionally, he pointed out that the governance and security of Cardano are superior to that of Ethereum.

As a result, it’s suitable for applications such as supply chain tracking and voting. Hoskinson didn’t speak well of collectibles like digital cats and decentralized exchanges like Uniswap (UNI).

The post Cardano (ADA) has the potential of surpassing Ethereum (ETH) – Charles Hoskinson appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Cardano (ADA) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.576
Капитализация $0 Rank 99999
Цена в час новости $ 1.0437 (-100%)

cardano hoskinson charles eth platform ethereum ada

Источник: invezz.com

cardano hoskinson → Результатов: 126


Откуда у Хоскинсона столько денег?

Основатель Cardano Чарльз Хоскинсон удивил всех новым признанием: оказывается, он потратил $450 млн из своих личных средств на развитие экосистемы Cardano. Хоскинсон создавал Cardano с нуля с 2017 года, и даже сейчас, несмотря на скептицизм и критику, продолжает инвестировать в свой проект.

2024-11-5 14:37


Cardano Founder Charles Hoskinson Reveals Why It Is Crypto’s ‘Root Of Trust’

Cardano founder, Hoskinson has expressed great admiration for the blockchain, labeling it a foundation of trust for the crypto space. Hoskinson Praises Cardano American entrepreneur and founder of Cardano, Charles Hoskinson has publicly applauded Cardano, a decentralized public blockchain platform for its growth and development over the years.

2023-11-6 19:00


Фото:

Hoskinson Gives Update on Cardano’s Latest Developments, Here Is What You Need to Know

In a recent YouTube video, Charles Hoskinson, the founder of Cardano, provided some insights into the latest developments and advancements in the Cardano ecosystem. With a focus on scalability and predictability, the Cardano roadmap is now in the Basho stages, followed by the final step, Voltaire, which will be about governance. This phase is crucial […]

2023-9-1 00:11


Hoskinson Takes a Swipe at Ethereum While Hailing Cardano’s Innovations

Charles Hoskinson, the co-founder of Ethereum and creator of Cardano, has once again ignited discussions in the cryptocurrency space with his recent retweet. In a seemingly subtle jab towards his former project, Hoskinson retweeted a user who praised the innovations on Cardano’s blockchain while highlighting the efficiency and potential superiority of its EUTXO model and […] The post Hoskinson Takes a Swipe at Ethereum While Hailing Cardano’s Innovations appeared first on CaptainAltcoin.

2023-8-2 23:41


Cardano Founder Says Project Is Special, ADA Rose 70% In Q1 2023

Charles Hoskinson, the founder of Cardano, a smart contracting platform, thinks his blockchain is “pretty special” and well thought out from the design point of view. Charles Hoskinson Boasts About Cardano In a tweet on April 3, Hoskinson, who has never shied from expressing his thoughts on Cardano, often heaping praises on blockchain design, also said the network’s staking model is “excellent” and well-executed.

2023-4-3 13:40


Чарльз Хоскинсон разошелся во мнении с разработчиками Cardano

Операторы пула стейкинга Cardano столкнулись с затруднениями при обновлении узлов для развертывания хардфорка Vasil. Причиной стало недопонимание между основателем Cardano и разработчиками. Основатель Cardano Чарльз Хоскинсон (Charles Hoskinson) обратился в Twitter к операторам пула стейкинга (SPO) и децентрализованным приложениям, призвав их обновить узлы до версии 1.

2022-8-19 19:59


Cardano Founder Wants To Resurrect The Woolly Mammoth, How Does Blockchain Fit In?

Cardano founder Charles Hoskinson has shown interest in helping bring back the woolly mammoth by participating in an investment round that was just concluded. Hoskinson who was co-founder of Ethereum and later founded his own blockchain Cardano was one of the multiple investors that participated in an investment round in Colossal, to help them bring […]

2022-3-16 02:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Ethereum gains 7% to surpass $3.3K: what analysts are saying

Ethereum has jumped by more than 7% in the past 24 hours to break above $3,350. The top altcoin’s price gains come after Bitcoin spiked to its highest-ever mark above $98k on Thursday morning. While ETH has failed to master a significant rally in the wake of Bitcoin’s surge in the past month, the market’s […]

Bitcoin And Ethereum Now Treasury Reserves For International Healthcare Group Cosmos

In the wake of President-elect Donald Trump’s victory on November 5, there has been a notable surge in interest surrounding Bitcoin (BTC) and other digital assets. This trend is prompting global firms and governments to explore integrating leading cryptocurrencies into their treasury reserves, a shift that reflects a broader acceptance of digital currencies, particularly in the […]

Spot Bitcoin ETFs see negative day with $400.6m net outflows

Spot Bitcoin exchange-traded funds in the United States experienced an outflow day on Nov. 14, ending their six-day inflow streak that had brought over $4.73 billion into the funds. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded…