Why do you think ADA/Alts won’t fail?
Why do you think ADA/Alts won’t fail?
I see a lot of talk about BTC being the only that will survive and in starting to believe it the more I read into it.
Block creation power is much more decentralized in Cardano than Bitcoin
Cardano is one of the most resilient and decentralized networks in existence. It’s not quite at the level of Bitcoin but it does have smart contracts. It has consistently ranked in the top 10 crypto by market cap, so it has a lot of believers.
Fundamentally I believe Cardano can scale more effectively than EVM based blockchains such as Ethereum. That’s one of the reasons I chose to build on it.
So long as developers keep joining and there are no catastrophic failures in the network, Cardano will continue thriving. I have no idea whether it’ll ever get to the level of Ethereum or Bitcoin, nor do I care. What I care is that it continues to function and improve so that we can keep building real-world dapps on it.