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Review on Cardano by monte odes

Revainrating 4 out of 5

Cardano is a very ambitious and incredibly well thought out project. Time is…

Cardano is a very ambitious and incredibly well thought out project. Time is something needed to develop a robust and efficient platform. The team at cardano has taken this idea of time to a whole other level. This should be seen as a great thing, that a project and team want to create something that will work and not only work but thrive. People are inpatient though and dont like the idea of waiting around for a project. Especially if other projects in the space have a huge head start and are up and running. Charles hoskinson the leader of ada, has developed something unique with his team. They have created a code from scratch that is written in a language that can support large large scale apps. It is also constantly examined as a peer reviewed project. No wonder why it is considered the ethereum killer. They also plan to implement proof of stake, which seems to be the go to for most top end platforms these days. However there are some draw backs to ada. The tech although peer reviewed is unkown and unproven in a working form. Will all the time and great ideas put into the platform be able to come to fruition and actually be a able to run and thrive. Will it be able to support the stress of the amount of users that will bombard it if it is in fact the ethereum killer. The clock is ticking and as user adoption becomes higher and higher the more time ada does not have a working product the more time that other products have an edge in the market. The 30 plus developers though do give them and advantage in developing and creating the best platform that is able to scale, unlike their competitor ethereum. Their main-net will be a much viewed and anticipated event. Where most will fall into to categories. the first thinking cardano is everything they say they can be, and the other believing ada is just another platform unable to scale and support the apps needed for mass adoption. i believe they will be successful.



Pros
  • publicly review and open sourced project. proof of stake is also a pro as far as i am concerned. charles hoskinson has great experience coming from the ethereum team.
Cons
  • a lot of unkowns. project is not up and running yet, because of this it is unkown if tech will work.

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