Every project has stages. At this stage I asses the project in terms of technology and potential market. Once the technology is usable by people I will asses it on real life implementation and make investment decisions accordingly. In my mind the potential use cases for Cardano technology are far more than the existing Dapps that are running on Tron and Eos. This is mostly because I believe serious players will want as much security as possible in the blockchain and Dapp tech. At this point the entire space is an experiment in my opinion and Cardano has a great chance to emerge from this primordial soup as a fully functioning organism. In part because of the time and care they are putting into it now.
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Hai everybody!! Prepare it will go down until it’s hurt
Well we have been hearing “it’s a process” for years now. Other cryptos have these “processes” too, yet they deliver actual achievements. The market seems to agree that things are not going well, as ADA is lagging these weeks.
We should have been way further than where we are now. Just saying that delays are part of development projects is stating the obvious. ALL the other cryptos are development projects and almost ALL are doing new and untested things.
Charles explanation sounds nice but the anger he shows is misplaced. They are not delivering period. And if this would be a normal contract, he would not get paid by his client. We all know this even though we all hope it is different this time
I agree and Charles has admitted that mistakes have been made. Particularly in the early development phase of the project. To some degree they have been digging out since then. However I do frequently hear the complaint that development teams from other projects are delivering and IOHK is not. While this makes some intuitive sense I don’t think it is valid to make a blanket generalization in this case. The Cardano project is radically different in size, scope and ambition than pretty much any other blockchain project that I can think of. To use a simplified analogy it’s like having two teams build 2 bridges. One bridge has to cross a stream and the other a large river. People should not be surprised when the smaller bridge gets finished first. With that said am I happy with pushed back deadlines? I am not, but I understand the magnitude of the work involved and am willing to give them more time. I don’t do this blindly but have been paying close attention to the activities on Github and what I can gather from management and development activities of IOHK. Furthermore I agree with the design philosophy they are taking and I also agree with Charles vision for the future of block chain tech. What I mean by that is I do not look at this like a cult where I blindly follow but I do think Charles is very smart when it comes to seeing what features people are going to want and need in the years ahead. He is leapfrogging other projects and trying to build a system that is flexible enough to pivot and adapt to future needs. Worth the extra time in my opinion.
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I totally agree my friend. What I’m saying is we’re not alone in crypto space. There are lots of project happening right now. And I like the analogy of the making bridge. Cardano is making huge bridge while other making smaller bridge. I agree that making bigger bridge takes longer time. However, if Cardano while making the core bridge, the big main bridge, and also making several smaller bridge at the same times. Like it or not, it will be slower. Especially if Charles leave and delegate to other people. I think Charles is the main brain of this Cardano project, so, travel around the world, shake hand to some government official, taking selfies, and doing AMA remotely is not helping Cardano Project complete faster. I really hope Charles can go back to IOHK lead the troops and make the project going faster. Once again. WE’RE NOT ALONE.
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Based on what I have gleaned about IOHK’s management structure in my opinion Charles is not needed for day to day management or coding at this point. He provides overall direction and vision and of course gets regular reports on progress, signs off on GUI designs, etc. He is very valuable preforming his business development role. Convincing heads of state that IOHK can provide solutions to real world problems and getting the public at large to understand the importance and value of Blockchain tech in general and Cardano in particular.
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