If anyone needs a primer on how Cardano is going to overtake Ethereum, ask me anything. You can chase moons all you like, and you can hold ETH for as long as their platform has no alternatives, but ADA will dominate ETH in every possible way. What do you want to know?
Price prediction EOY?
how will cardano overcome eth's first mover advantage given that cardanos development process is deliberately extremely slow
What's the justification for transaction irreversibility taking hours to happen?
$30 if all targets met on time
Thats 3x Bitcoin's current marketcap....
$5 conservatively, assuming BTC doesn't enter a long term bear market.
It's not deliberately slow, it's deliberately correct, meaning the project will not accumulate the massive technical debt that projects like Ethereum have amassed. Getting things right the first time when you're building your platform ensures you're not spinning your wheels on issues later on, like what is going on with Ethereum and BTC right now.
Cardano development will accelerate exponentially while ETH development will slow logarithmically as they try to burn off all the technical debt they've accumulated by doing things "wrong" during the design phase, while still trying to implement new features.
First mover advantage in a brand new space is actually a huge handicap. Just ask Yahoo. Does anyone still use Yahoo for search? No, they use Google. First mover advantage my ass.
Also what the fuck is preventing ETH from just making a transpiler for Haskell?
I don't know shit but bitcoin's marketcap was 16b in january 2017 and it surpassed 320b last december. So while $30 is high for cardano this year, $10 seems far to easy
price prediction by the end of the night??
I'm certain ADA will crush ETH. One thing I've yet to figure out though is if the 45b total supply are going to be the staking rewards or will the rewards actually be making new coins?
Is there a product already and what problem is it fixing?
The fuck are you talking about?
"Transaction confirmation times in minutes that achieve assurance 99.9% against a hypothetical double spending attack."
It's almost 250x faster than bitcoin and 120x faster than Ethereum. It's literally at the near maximum limit for globally networked transaction times.
do you think its a problem that japan has most of hte coins?
Today's ADA threads have been the most pathetic shilling attempt on a coin I've ever seen. Fucking sage
Do they really? Show me a ledger of who owns which wallets and their values.
You don't understand the difference between a transaction confirmation and an irreversible transaction. A fork can appear that excludes any irreversible transaction. Not sure why you're doing an "AMA" if you don't have a basic understanding of blockchains.
When happens when the Japanese ico investors decide to dump their Ada? (~80% of the total supply)
They haven't dumped yet, as you know, because Ada hasn't been listed in any Japanese exchange so far.
but what about QWERTY keyboards
does the best always win the marketshare
Ever since I went all in on Cardano at .13 I've been attempting to understand more about it. Many of the advantages are clear, but their endgame is still fuzzy to me
Does ADA strive to reach universal usability in some fashion?
Will I be able to whip out my ADA debit card and get drinks out of a vending machine?
Or is it more about providing a basis for future projects?
14,000,000,000ish of the coins are staking rewards. No new coins
There is a mainnet and a wallet. Staking system should be deployed in March.
You don't understand the fucking quote I posted to you, dumbfuck. Read it again. It only takes minutes to confirm up to 99.9% against double spend, meaning 100% immutability is not going to measured in hours but minutes, you fucking pajeet street shitter. Where the hell did you get the claim it would take hours unless you don't understand the least fucking bit how Ourobourous works, dipshit?
How many proletariat will you send to the gulag when Carldano takes over?
what does the staking system do?
It's how we decide who gets the block rewards for processing transactions.
Ouroboros: 20 seconds
Ouroboros: > 5 hours
Do you know the difference?
I think what OP means is that 99% confirmation is in seconds but a 100% confirmation will take hours.
also pic related
Where are you getting those numbers other than fucking Dan Larimer? He just got those numbers out of his asshole where most of this ideas come from, like the idea that EOS can confirm in milliseconds even though that's literally fucking impossible on a globally routed network.
No, I mean that up to 99.9% confirmation will happen within a few minutes, and absolute irreversibility will occur within tens of minutes.
Not 5 fucking hours.
you're so defensive about this
now I dont trust you anymore
When the fuck is staking coming out REEEEEEEEEEEEEEEEEE I want to stake something. Anything really even staking my penis into a a tranny's ass.
sucks Dan Larimer's dick
Doesn't like it when he gets told to get Dan Larimer's dick out of his ass
calls people defensive like a woman when cornered
Yep, it's a faggot.