Ethereum vs. Cardano: Which is BEST?! ๐ŸฅŠ


๐Ÿ“ฒ Insider Info in my Socials ๐Ÿ‘‰ https://guy.coinbureau.com/socials/
๐Ÿ›’ 20% Binance Discount ๐Ÿ‘‰ https://guy.coinbureau.com/binance/
๐Ÿ‘• “Roller Guy” T Shirt ๐Ÿ‘‰ https://store.coinbureau.com
๐Ÿ”ฅ TOP Crypto TIPS In My Newsletter ๐Ÿ‘‰ https://guy.coinbureau.com/signup/

~~~~~

๐Ÿ“บEssential Videos๐Ÿ“บ

Metamask Guide ๐Ÿ‘‰ https://youtu.be/MfkqgXNPiHg
Cardano ERC-20 Converter Explained ๐Ÿ‘‰ https://youtu.be/DKkm0oxBDes
Tokenomics Tutorial ๐Ÿ‘‰ https://youtu.be/ftCaqG7wckg
Recent Cardano Updates ๐Ÿ‘‰ https://youtu.be/Iyy2-FUAFcU
Recent Ethereum Updates ๐Ÿ‘‰ https://youtu.be/iWKEKffFz6I

~~~~~

– TIMESTAMPS –
0:00 Intro
2:03 Founders
4:11 Development
6:51 Architecture
10:00 Staking
12:10 Tokenomics
14:56 Price Potential
16:47 Adoption
19:22 Conclusion

~~~~~

โ›“๏ธ ๐Ÿ”— Useful Links ๐Ÿ”— โ›“๏ธ

โ–บ Why Charles Hoskinson Left Ethereum: https://www.forbes.com/sites/angelauyeung/2018/02/07/charles-hoskinson-ethereum-iohk-blockchain-crypto-cryptocurrency/?sh=16db09bd7c15
โ–บ Ethereum 2.0 Roadmap: https://ethereum.org/en/eth2/
โ–บ Cardano Roadmap: https://roadmap.cardano.org/en/
โ–บ Vitalik Buterin Wallet Address: https://etherscan.io/address/0xab5801a7d398351b8be11c439e05c5b3259aec9b
โ–บ Ethereum Foundation Wallet Address: https://etherscan.io/address/0xde0b295669a9fd93d5f28d9ec85e40f4cb697bae
โ–บ Cardano Ethiopia Partnership: https://iohk.io/en/blog/posts/2021/04/27/blockchain-finally-comes-of-age-with-worlds-biggest-blockchain-deployment/

~~~~~

๐Ÿค“Founders๐Ÿค“

Ethereum was technically founded by 8 people including Vitalik Buterin and Charles Hoskinson in December 2013. Charles later left Ethereum to found Cardano.

Charles is a mathematician who dropped out of his PhD to work in cryptocurrency full time. Vitalik is a computer scientist who dropped out of his bachelorโ€™s program for the same reason.

๐Ÿ› Development๐Ÿ› 

In terms of development, Ethereum has more of a hands-on approach by putting practice before theory. Ethereumโ€™s approach gave it the first mover advantage when it launched in the summer of 2015.

This is in stark contrast to Cardano. Every component of its architecture is peer reviewed and rigorously tested by academics prior to implementation.

โ›“Architectureโ›“

The Cardano blockchain has a dual layer architecture. The first is the settlement layer which keeps a record of all ADA and native asset transactions.

The second is the computation layer which will run Cardanoโ€™s upcoming smart contracts. Cardano uses a proof of stake consensus protocol.

Ethereum 2.0 has a shard chain architecture.This allows shards to process transactions in parallel, and the initial 64 shards in Ethereum 2.0 will all connect to the Beacon chain.

The Beacon Chain coordinates staking and consensus between all the shards, and this set up will make it possible for Ethereum 2.0 to process around 100 thousand transactions per second.

๐Ÿ’ฐStaking๐Ÿ’ฐ

ADA staking rewards are currently about 4 and a half percent per year, and any staked or delegated ADA can be withdrawn at any time.

73% of all ADA is currently being staked, which works out to a whopping 30 billion dollars at the time of shooting.

Similar to Cardano, staking rewards on Ethereum 2.0 vary depending on how much ETH is being staked, and the current annual return is about 7 and a half percent.

Just under 4.1 million ETH is currently being staked, worth over 11 billion dollars at the time of shooting. This ETH will be locked for 1 year or more.

๐Ÿ’ธTokenomics๐Ÿ’ธ

ADAโ€™s initial supply of 31.1 billion was premined by IOHK, and just under 26 billion ADA was sold by the Cardano Foundation across five ICO in 2015 and 2016.

Nearly 80 million dollarsโ€™ worth of BTC was brought in by these sales. The remaining 5.2 billion ADA were allocated to IOHK, Emurgo, and the Cardano Foundation.

In 2014, the Ethereum Foundation premined ETHโ€™s initial supply of 72 million. 60 million of that ETH was sold in a public ICO later that year

The remaining 12 million ETH went to the Ethereum Foundation, which distributed 6 million of that ETH to the 85 developers who were working on Ethereum at the time.

๐Ÿ“ˆPrice Potential๐Ÿ“ˆ

ETH will likely reach 4500$ during this bull market and could rise higher under certain circumstances. Similarly, ADA will likely double in price and could likewise grow much larger after smart contract implementation.

๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘งโ€๐Ÿ‘ฆAdoption ๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘งโ€๐Ÿ‘ฆ

Ethereum has seen incredible adoption by the private sector, whereas Cardano is starting to make headways in the public sector, specifically governments in developing countries.

~~~~~

๐Ÿ“œ Disclaimer ๐Ÿ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#ethereum #Cardano #ETH #ADA #smartcontracts #blockchain

How African Americans Can Build Generational Wealth for Pennies Per Day

African Americans have actually made extraordinary strides in lots of locations, however generational riches is one in which we require to play catch-up. There is an often-overlooked, easy way to construct generational wide range for pennies a day.

Building Wealth: Attaining Financial Independence

Building wide range is something that most of us intend to do and also we wish to do it as early as possible since we intend to get the opportunity to enjoy life to the max rather than flushing our days down the tubes since of excessive work. Via wide range structure, you will have the ability to attain monetary independence, which is generally referred to as the capacity to gain the amount you would like to obtain within an offered period using your very own financial investments. This basically entails creating a degree of financial investment earnings that will certainly enable you to create that on a.

How To Be Rich – Valuing And Managing Time

One of the best properties to the rich is TIME. The abundant actually value time since, to them, time places money right into their pockets. For rich individuals, the best key to living a monetary independent life in the world is comprehending the principle and power of time. Life in the financial world holds no better obstacle than the complicating everyday demand of finding among completing options for our minimal time. Just how we use our time every day at some point specifies our lives.

Building Wealth: Make Your Finances Blossom

When it pertains to developing wide range, you can perform a couple of various efficient approaches in order for you to do this successfully. Terrific points start tiny so you have to understand that a lot of individuals that are presently economically successful have had their very own share of simple starts. They invested an excellent quantity of time working in a firm and after some time, they considered spending on a company.

Best Annuity Rates – A Few Things You Should Know

Finest Annuity prices are currently an in-thing for Annuitants. It is really hoped that this write-up will assist the reader make the right decisions when selecting annuity.

You May Also Like