Ethereum Vs. Cardano: Which is BEST ADA or ETH?! [n3BP2WeQsOV]
Ethereum Vs. Cardano: Which is BEST ADA or ETH?! [n3BP2WeQsOV]
| 1h 28m 28s | Video has closed captioning.
π² Insider Info in my Socials π π Coin Bureau Deals π π "Roller Guy" T Shirt π π₯ TOP Crypto TIPS In My Newsletter π ~~~~~ πΊ Essential Videos πΊ Metamask Guide π Cardano ERC-20 Converter Explained π Tokenomics Tutorial π Recent Cardano Updates π Recent Ethereum Updates π ~~~~~ - 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 ~~~~~ βοΈ π Useful Links π βοΈ βΊ Why Charles Hoskinson Left Ethereum: βΊ Ethereum 2.0 Roadmap: βΊ Cardano Roadmap: βΊ Vitalik Buterin Wallet Address: βΊ Ethereum Foundation Wallet Address: βΊ Cardano Ethiopia Partnership: ~~~~~ π€Foundersπ€ 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 bachelorβs program for the same reason. π Developmentπ In terms of development, Ethereum has more of a hands-on approach by putting practice before theory. Ethereumβs 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. βArchitectureβ 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 Cardanoβs 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. π°Stakingπ° ADA staking rewards are currently about 4 and a half percent per year, and any staked or delegated ADA can be withdrawn at any time. 73% of all ADA is currently being staked, which works out to a whopping 30 billion dollars at the time of shooting.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. πΈTokenomicsπΈ ADAβs 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 dollarsβ 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 ETHβs 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. πPrice Potentialπ 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. π¨βπ©βπ§βπ¦Adoption π¨βπ©βπ§βπ¦ 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. ~~~~~ π Disclaimer π 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 #bitcoin nft #swap crypto #strike bitcoin
Aired: December 16, 2024
Buy Now:
Problems Playing Video? | Closed Captioning