Cardano (ADA) — better than Bitcoin, but can it be best?

[Fariwala]

This week, I say good things about Cardano, ponder preferred realities and think about a nicer Twitter.
But first …
The profit check-in

Get started
HackerNoon.com


CRYPTO ADVENTURES — WEEK 15 (PREVIOUS WEEKS)
Cardano (ADA) — better than Bitcoin, but can it be best?
David Gilbertson
David Gilbertson
Jul 8, 2018 · 12 min read



This week, I say good things about Cardano, ponder preferred realities and think about a nicer Twitter.
But first …
The profit check-in

Last week I was down 20%, now I’m only down 10%.
I’ve doubled my money!
Cardano (ADA)

Ouroboros, doing it wrong. Photo by David Clode on Unsplash
Cardano is objectively better than Bitcoin. And because I used the word ‘objectively’, it means I’m right.
At a basic level, Cardano is Just Another Blockchain. It’s proof-of-stake, not proof-of-work, but I don’t think the trading-card stats tell much of a story.
I think their strength is in their approach.
And that’s a scientific, academic approach. With peer reviewed papers, PhDs all over the place, and university affiliations. I even saw one of them wearing a sweater vest.
And they’re actually out there in the wild, in the countries that can most benefit, educating people.
I highly recommend watching this 50 minute video that is one of the Cardano dudes just explaining things on a whiteboard. I think every cryptocurrency should do this.
I’m beginning to think that this whole whitepaper fad is a bit silly. If you’ve got a paper to publish, publish a paper. If you can’t get it published, then make it a Medium post.
Really, at this point, a whitepaper is just a PR tool — people won’t take you seriously if you don’t have one.
Anyway, this two hour video was also pretty great, but more conceptual than actually explaining the tech. It gives a good sense of the vision and, if nothing else, shows what a top notch public speaker looks like.
The guy’s a natural.


More info: https://medium.com/hackernoon/cardano-ada-better-than-bitcoin-but-can-it-be-best-adbdf9f0eb7a