Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Cardano Forum => Topic started by: MrSpasybo on December 23, 2023, 04:41:44 PM
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Cardano is one of my favorite 3.0 blockchains:
+ Cardano uses UTXO like Bitcoin instead of Account like Ethreum or EOS;
+ Cardano's technologies are professionally developed and validated by reputable academic institutions;
+ Cardano focuses on blockchain education for everyone, expanding the potential customer base for the entire blockchain industry.
Recently, Cardano went to Brazil to showcase the power of future blockchain technology:
The Cardano Foundation is partnering with Petrobras, the largest corporation in Brazil, to offer blockchain education and explore use cases in the energy sector.
The program’s scope will cover diverse blockchain applications and use cases, as well as interactive quizzes. To mark the launch of the program, the Cardano Foundation conducted two workshops in the metaverse, looking at blockchain regulations in Brazil and around the world.
Source: Cardano Foundation teams up with Brazil’s oil giant Petrobras for blockchain education (https://cointelegraph.com/news/cardano-foundation-teams-up-brazil-oil-giant-petrobras-blockchain-education)
This event can help Cardano in particular and the blockchain industry in general reach business users, creating real demand for this decentralized technology instead of just pumping/dumping token prices on exchanges.
Not talking about investment, I will continue following Cardano's development in the future, especially in the upcoming 2024 cycle. I hope that Cardano will be the center of attention again like the 2020 cycle.
Do you love Cardano blockchain? What do you expect from the development of Cardano and the price growth of ADA token?
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They visited Africa some years ago. I guess they are really serious in sharing the beauty of Blockchain across the world. Withh this education firms that would implement Block chain technology to their business will enjoy transparency and traceability in their records. Cardano itself can even help them create tokens as a reward based on employees performance, like a form of performance appraisal.
well I understand your belief in the currency since it was designed in a way it would be flexible and adapt to various changes, the current era Voltaire is an ongoing proof of its growth and adaptability.
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Yeah, if understand the goals and working mechanism of Cardano blockchain, all technology fans will love it :)
2021 is year for many important updates, but Cardano does not yet have a big enough ecosystem to promote and introduce to users. 2025 will be another opportunity for us to experience Defi, RWA, Gamefi and powerful applications on Cardano. Currently, Cardano's blockchains are no longer empty, but unfortunately they are filled with Inscription trends instead of actual user transactions :'(
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Currently, Cardano's blockchains are no longer empty, but unfortunately they are filled with Inscription trends instead of actual user transactions :'(
I believe the hype is as a result of Bitcoin ordinals
Once the hype for inscription is down
Transactions would be a common place in the blockchain.
Defi activity has made the network really busy as of late
Well i guess its a good thing.
The team just have to scale through and maybe introduce another update.
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I believe the hype is as a result of Bitcoin ordinals
Once the hype for inscription is down
Transactions would be a common place in the blockchain.
Defi activity has made the network really busy as of late
Well i guess its a good thing.
The team just have to scale through and maybe introduce another update.
I am not sure about the weakening of Inscription trend, because with current spread, it could last and become a "meme" of upcoming 2024 cycle.
Anyway, this also helps us check the quality of Cardano blockchain. When IOHK team focuses on developing and making the network capable of serving user needs in both of Defi and Inscription, we will have a better Cardano blockchain than before.
We will wait and see how strong Cardano will become in next 2024 cycle. And of course, ADA token price rally :)
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Do you love Cardano blockchain? What do you expect from the development of Cardano and the price growth of ADA token?
The Cardano blockchain is very difficult to understand because I don't really understand how the Cardano coin works.
If Ethereum has Wallet, ERC20 tokens and so on, but I don't really understand Cardano, whether Cardano has tokens anymore or not at all.
Of course I grew up in the world of cryptocurrency from Bounty, Airdrop, Testnet, Bitcointalk and Altcointalks forums but I don't really understand the development of the Cardano coin.
What is surprising to me is that this Cardano coin continues to be in the top 10 on Coinmarketcap and it is certain that this Cardano coin is not just any coin owned by ordinary people. Whales always inside Cardano.
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ADA token has been a big phenomenon in 2017 and 2021. I believe that while Cardano is still strongly developed, 2025 will also be the year of ADA. Cardano has a very good and famous ecosystem development fund, many technology and media projects are coming to support this blockchain. Compared to Bitcoin and Ethereum, Cardano can be scaled and link with blockchains more easily, which is a huge advantage.
These educational programs are also part of Cardano's go-to-market strategy: creating demand for blockchain and placing Cardano at the forefront of businesses' minds.
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The Cardano blockchain is very difficult to understand because I don't really understand how the Cardano coin works.
If Ethereum has Wallet, ERC20 tokens and so on, but I don't really understand Cardano, whether Cardano has tokens anymore or not at all.
Of course I grew up in the world of cryptocurrency from Bounty, Airdrop, Testnet, Bitcointalk and Altcointalks forums but I don't really understand the development of the Cardano coin.
What is surprising to me is that this Cardano coin continues to be in the top 10 on Coinmarketcap and it is certain that this Cardano coin is not just any coin owned by ordinary people. Whales always inside Cardano.
The hype. Many people are entering because of its potential and what the whitepaper entails. They have a good #DevelopmentTeam and community, not to mention ever developing.People are buying its potential what they know it can do and would do. The only issue i have with the coin is the total supply
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unless the token will not be considered security, ADA may still be in the late development. crazy stuff happens when SEC is aiming at the token. and its been a battle with XRP since. even today they are still not out of the woods thats why Charles was furious when SEC targets ADA.
investors might still be wrecked for as long as SEC continues to grip.
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unless the token will not be considered security, ADA may still be in the late development. crazy stuff happens when SEC is aiming at the token. and its been a battle with XRP since. even today they are still not out of the woods thats why Charles was furious when SEC targets ADA.
investors might still be wrecked for as long as SEC continues to grip.
Honestly, I don't know the main reason why the SEC is targeting ADA, whether this is business or whether it is a regulation. Ripple has managed to get out of trouble with the SEC, don't let ADA drop drastically in price if it becomes a target of the SEC.
hmm.. it's annoying.
Hopefully there will be no more similar cases.
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Honestly, I don't know the main reason why the SEC is targeting ADA, whether this is business or whether it is a regulation. Ripple has managed to get out of trouble with the SEC, don't let ADA drop drastically in price if it becomes a target of the SEC.
hmm.. it's annoying.
Hopefully there will be no more similar cases.
SEC does not even provide any criteria to conclude that a token is a security, and they failed when trying to sue Ripple with XRP token. However, they recently succeeded in a lawsuit against tokens in Terra ecosystem, which could be used by SEC to attack other projects, other tokens.
Cardano and ADA may be in SEC's sights as it is mentioned in several SEC lawsuits against Binance and Coinbase, but the #DevelopmentTeam has countered and denied this possibility[1]. Risks are everywhere, but I think we should live with good expectations for the future. Cardano is not a small project, the Cardano community is very strong and ready to fight and win against the SEC in any lawsuit 💪💪💪
[1] Cardano Developer Rejects SEC Claim Its ADA Token Is a Security (https://www.coindesk.com/policy/2023/06/09/cardano-developer-rejects-sec-claim-its-ada-token-is-a-security/)
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unless the token will not be considered security, ADA may still be in the late development. crazy stuff happens when SEC is aiming at the token. and its been a battle with XRP since. even today they are still not out of the woods thats why Charles was furious when SEC targets ADA.
investors might still be wrecked for as long as SEC continues to grip.
In fact, I just found out that the SEC is also targeting Cardano for an audit.
It seems like the SEC really likes to interfere with cryptocurrency and there is always strange work from the SEC.
Yesterday I also saw that the SEC was targeting the Ripple coin and was followed by Binance, until now Binance continues to be questioned.
If it is true that up to now Cardano coin has been interrogated by the SEC and has not been completed, then that will definitely make it difficult for the price of Cardano coin to rise, this is bad news, friends!
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This Cardano coin has proven its superiority and definitely has full support from all investors. Charles Hoskinson as the founder is very enthusiastic about upgrading the Cardano coin network.
But lately, it seems like I haven't found the latest update on the Cardano coin, but after this thread appeared, I saw that Cardano was being audited by the SEC.
It's cruel for the SEC, almost all cryptocurrency assets are audited and examined in detail.
Keep calm, the storm will pass. SEC will out !
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This Cardano coin has proven its superiority and definitely has full support from all investors. Charles Hoskinson as the founder is very enthusiastic about upgrading the Cardano coin network.
But lately, it seems like I haven't found the latest update on the Cardano coin, but after this thread appeared, I saw that Cardano was being audited by the SEC.
It's cruel for the SEC, almost all cryptocurrency assets are audited and examined in detail.
Keep calm, the storm will pass. SEC will out !
SEC want to gain control of crypto market, so they will always find ways to accuse every token in this market of being a security. Cardano is not a small project, the community will not let ADA be accused by SEC and become a security so we can rest assured. SEC's resources are limited, they will have to be cautious before every action and usually they only dare to attack small and docile projects like Kraken Exchange 8)
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The Cardano platform is really doing great Job on the crypto economy, and these constant developments will largely boost cardano awareness, popularity, community and the market value over times.
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The Cardano platform is really doing great Job on the crypto economy, and these constant developments will largely boost cardano awareness, popularity, community and the market value over times.
I love Cardano's eUTXO technology: it's better than Bitcoin's UTXO and more efficient than Ethereum's Account. I also support Cardano's carefulness before each update, but I don't dare lie that I'm not a little disappointed about development progress. Ethereum usually delays 1-2 quarters, but it regularly has updates for Layer-1 and Layer-2, while Cardano rarely shares update progress and makes the community wait quite tiring.
Regardless, I still hope Cardano progresses slowly but surely, most importantly reaching, educating, and getting orders from enterprise customers. I believe Cardano will have an important position in the future blockchain market.
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I love Cardano's eUTXO technology: it's better than Bitcoin's UTXO and more efficient than Ethereum's Account. I also support Cardano's carefulness before each update, but I don't dare lie that I'm not a little disappointed about development progress. Ethereum usually delays 1-2 quarters, but it regularly has updates for Layer-1 and Layer-2, while Cardano rarely shares update progress and makes the community wait quite tiring.
Regardless, I still hope Cardano progresses slowly but surely, most importantly reaching, educating, and getting orders from enterprise customers. I believe Cardano will have an important position in the future blockchain market.
Yes, the Cardano project has a very decent blockchain, I learned about it only about 3 years ago when my friend told me that he bought a large amount of money tokens of this project, I did not really believe it at the time, but when he made a lot of money on this coin, I became familiar with them))) now I also think that it is very good but it is certainly very far from such as Bitcoin and Ethereum, as there is a very large popularity.
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SEC want to gain control of crypto market,
Controlling this market makes us rigid and ambiguous towards the SEC, I really don't like SEC policies and this makes me disgusted with the SEC.
Even before the SEC existed, Binance was still safe and relaxed, but now that the SEC has all but disappeared, the SEC's methods are what makes us not like it.
But perhaps there is a positive side, where a coin has been acquired or is safe from an SEC audit, indicating that the coin has good security and is worth investing in various markets.
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Controlling this market makes us rigid and ambiguous towards the SEC, I really don't like SEC policies and this makes me disgusted with the SEC.
Even before the SEC existed, Binance was still safe and relaxed, but now that the SEC has all but disappeared, the SEC's methods are what makes us not like it.
But perhaps there is a positive side, where a coin has been acquired or is safe from an SEC audit, indicating that the coin has good security and is worth investing in various markets.
Binance Global is not dependent on SEC, the SEC can only manage projects operating in US.
We all understand how much Gary Gensler craves power, he wants to manage crypto market as he pleases. But Cardano community will not let SEC condemn ADA. ADA should be a commodity and regulated by CFTC similar to BTC, ETH, and XRP.
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SEC will not go away without taking some money with them and Charles will have to battle with them. he is a billionaire so that makes him a good target as well.
meanwhile, there are rumors about USDC in Cardano, i don't exactly know the whole story but not backed by real USD. i was listening to some podcast about it and then the community was considering how it will compromise decentralization so part of the community wants USDC and part of them don't.
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Yes, the Cardano project has a very decent blockchain, I learned about it only about 3 years ago when my friend told me that he bought a large amount of money tokens of this project, I did not really believe it at the time, but when he made a lot of money on this coin, I became familiar with them))) now I also think that it is very good but it is certainly very far from such as Bitcoin and Ethereum, as there is a very large popularity.
We don't know for sure whether ADA will once again bring wealth to loyal holders, but at least Cardano is being seriously developed, it is not a project that disappears after just one season, it has a network, it has products and it has users. I think that's enough for ADA holders to feel secure.
SEC will not go away without taking some money with them and Charles will have to battle with them. he is a billionaire so that makes him a good target as well.
meanwhile, there are rumors about USDC in Cardano, i don't exactly know the whole story but not backed by real USD. i was listening to some podcast about it and then the community was considering how it will compromise decentralization so part of the community wants USDC and part of them don't.
Yeah, the debate over whether or not to integrate the USDC stablecoin on the Cardano blockchain is heating up. Proponents of USDC integration argue that it would make Cardano more attractive to users and developers. Opponents of USDC integration argue that it would compromise Cardano's commitment to decentralization.[1]
I support USDC on Cardano, because this popular stable coin can make Cardano more attractive to users and developers
and make it easier for people to use Cardano to buy goods and services. Users are important for each ecosystem 😁
[1] USDC on Cardano: Weighing Up Growth vs. Decentralization (https://dailycoin.com/usdc-on-cardano-weighing-up-growth-vs-decentralization/)
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there is already USDC, USDT and DAI in Cardano, you can see it on mueliswap and they are also in the miniswap. these however is not native as its just bridged version thru WANchain. so far there really is no difference to the liquidity on ADA or maybe because most traders are just more confident when USDC is native from Circle which is backed by USD. but it think the most important of it is that the USDC is still redeemable so there shouldn't be any reason why there is still no effect on its liquidity.
Circle could be waiting for the large volume in the market before they will integrate their native USDC. if they don't see this happening, there wouldn't have a reason for the company to go on and would rather leave it to the 3rd party such as Wanchain.
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there is already USDC, USDT and DAI in Cardano, you can see it on mueliswap and they are also in the miniswap. these however is not native as its just bridged version thru WANchain. so far there really is no difference to the liquidity on ADA or maybe because most traders are just more confident when USDC is native from Circle which is backed by USD. but it think the most important of it is that the USDC is still redeemable so there shouldn't be any reason why there is still no effect on its liquidity.
Circle could be waiting for the large volume in the market before they will integrate their native USDC. if they don't see this happening, there wouldn't have a reason for the company to go on and would rather leave it to the 3rd party such as Wanchain.
Every ecosystem needs stablecoin to meet the need to users' protecting assets, so to me every stablecoin coming to Cardano is a positive event for the project. USDC is also the top#2 stablecoin, no matter how it comes through, whether it is Cardano's own standard or via bridge/wrap, it still deserves a welcome.
I hope in the future Circle will consider and integrate USDC on Cardano to make it more convenient for users while still maintaining the network's decentralized principle 👌
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there is already USDC, USDT and DAI in Cardano, you can see it on mueliswap and they are also in the miniswap. these however is not native as its just bridged version thru WANchain. so far there really is no difference to the liquidity on ADA or maybe because most traders are just more confident when USDC is native from Circle which is backed by USD. but it think the most important of it is that the USDC is still redeemable so there shouldn't be any reason why there is still no effect on its liquidity.
Circle could be waiting for the large volume in the market before they will integrate their native USDC. if they don't see this happening, there wouldn't have a reason for the company to go on and would rather leave it to the 3rd party such as Wanchain.
Every ecosystem needs stablecoin to meet the need to users' protecting assets, so to me every stablecoin coming to Cardano is a positive event for the project. USDC is also the top#2 stablecoin, no matter how it comes through, whether it is Cardano's own standard or via bridge/wrap, it still deserves a welcome.
I hope in the future Circle will consider and integrate USDC on Cardano to make it more convenient for users while still maintaining the network's decentralized principle 👌
having USDC as native will mean its backed by USD unlike in the bridges where the USDC is backed by the native USDC. it think its really possible to just start with native USDC, Circle is just not doing it unless they see the bigger volume that comes from the investors/traders.
once Circle decides to have it, then it will be easy including the DEX to have more liquidity without having to use those wrap tokens. so far the community is using USDC in ADA dexes.
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Cardano is still continuing to develop, their team also does not stop doing various things that can support their project well. Not only that, they not only focus on fundamentals but also on community and other developments. It is admitted that the Cardano team is one of the ones that is quite sensitive here.
Although unfortunately, the ADA price dropped a lot during this bearish era. However, with the various efforts carried out by the team and their devs, I am quite sure that this will be one of the Alma coins that will skyrocket again. The hope is that it will definitely pass last season's ATH. Hopefully it doesn't fail again.
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having USDC as native will mean its backed by USD unlike in the bridges where the USDC is backed by the native USDC. it think its really possible to just start with native USDC, Circle is just not doing it unless they see the bigger volume that comes from the investors/traders.
once Circle decides to have it, then it will be easy including the DEX to have more liquidity without having to use those wrap tokens. so far the community is using USDC in ADA dexes.
Yeah, this relationship will benefit both: Cardano gets more stable coins and Circle gets new users for USDC. As Cardano reaches new customers, so does USDC!
Cardano is still continuing to develop, their team also does not stop doing various things that can support their project well. Not only that, they not only focus on fundamentals but also on community and other developments. It is admitted that the Cardano team is one of the ones that is quite sensitive here.
Although unfortunately, the ADA price dropped a lot during this bearish era. However, with the various efforts carried out by the team and their devs, I am quite sure that this will be one of the Alma coins that will skyrocket again. The hope is that it will definitely pass last season's ATH. Hopefully it doesn't fail again.
Cardano has a really dynamic and hardworking dev team: according to the last report from Santiment, Cardano has surpassed both Polkadot and Ethereum in terms of GitHub commits, a measure of developer engagement.
You can refer to details and further discussion in this topic: Cardano continues to lead the market in terms of GitHub commits (https://www.altcoinstalks.com/index.php?topic=316127.0)
I think the development of the project is one of the necessary conditions for the explosion of ADA token price. I'm also a Cardano fan, so I hope ADA will have a new ATH in 2025.
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Cardano is still continuing to develop, their team also does not stop doing various things that can support their project well. Not only that, they not only focus on fundamentals but also on community and other developments. It is admitted that the Cardano team is one of the ones that is quite sensitive here.
Although unfortunately, the ADA price dropped a lot during this bearish era. However, with the various efforts carried out by the team and their devs, I am quite sure that this will be one of the Alma coins that will skyrocket again. The hope is that it will definitely pass last season's ATH. Hopefully it doesn't fail again.
It seems that the marketing strategy carried out by Cardano is still not right and the product it has is still not completely finished. With a shortage of Cardano like this, it will make the price movement slow. Cardano must start the process quickly to make Cardano supporters continue to provide full support, and the price can tend to trend up when the products they own are useful for people.
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It seems that the marketing strategy carried out by Cardano is still not right and the product it has is still not completely finished. With a shortage of Cardano like this, it will make the price movement slow. Cardano must start the process quickly to make Cardano supporters continue to provide full support, and the price can tend to trend up when the products they own are useful for people.
Development: Cardano is still perfecting. Compared to 2021, Cardano is now ready to serve Dapps and users smoothly. The updates are still being implemented and will bring new capabilities to Cardano this year and next year.
Marketing: It is difficult to evaluate. For me, Cardano and Ada are always famous in the crypto market because it is still in the top 10 coinmarketcap with capitalization of nearly $ 20B. As you have seen, Cardano is still continuing the process of educating people about blockchain technology and the value of crypto in the future.
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It seems that the marketing strategy carried out by Cardano is still not right and the product it has is still not completely finished. With a shortage of Cardano like this, it will make the price movement slow. Cardano must start the process quickly to make Cardano supporters continue to provide full support, and the price can tend to trend up when the products they own are useful for people.
Development: Cardano is still perfecting. Compared to 2021, Cardano is now ready to serve Dapps and users smoothly. The updates are still being implemented and will bring new capabilities to Cardano this year and next year.
Marketing: It is difficult to evaluate. For me, Cardano and Ada are always famous in the crypto market because it is still in the top 10 coinmarketcap with capitalization of nearly $ 20B. As you have seen, Cardano is still continuing the process of educating people about blockchain technology and the value of crypto in the future.
Development of cardano is pretty good but I see Marketing or promo of this project seem not good enough. Maybe their team should recruit good man to promote cardano.
But It's just my opinion, every people have own opinion and suggestion.
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Development of cardano is pretty good but I see Marketing or promo of this project seem not good enough. Maybe their team should recruit good man to promote cardano.
But It's just my opinion, every people have own opinion and suggestion.
I agree with you: although Cardano is reaching out to corporate customers quite well, it lacks programs to reach users and investors in the crypto market. I hope this will be improved by the capital in the Catalyst Fund earmarked for projects and teams in the Cardano ecosystem. These projects can launch Dapps to attract users or conduct more effective advertising campaigns during the bullrun later this year.
Technological development is important but marketing is also needed to grow the ecosystem and support the ADA price :)