How will allowing other Crypto-Currencies to utilise Cardano's Blockchain affect the price of ADA?

Yes and I’d also add they are getting better, smarter, and faster as time goes on. The Cardano Effect that sticks out in my mind is episode #12 with Daniel Friedman director of business development at IOHK. In it he says when he was first hired there were 10 people in the company and Charles told him at this time next year there will be over 100 employees and he thought “this guy is crazy” Sure enough there are well over that now. People underestimate how driven Charles and the team are. I think Charles has a lot of reasons to be driven but one of them is he understands what the stakes are if we as a society don’t provide an alternative monetary and financial system to the one that exists now. We are in a race against a kind of techno-totalitarianism. I realize that sounds dramatic but I think it’s true. One of the reasons I like crypto so much is it harnesses game thoery and basic human instincts (greed) for the benefit and health of the system and society at large. Truly an example of Adam Smith’s enlightened self interest.

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There is an additional element of Price speculation with crypto assets as opposed to interest in a bank.

I finally got to sit and listen to Charle’s Surprise AMA from 3-31-19 TWICE.
If you want to hear a clear and present articulation on the “When Marketing?” Question, here it is:


1:06 into this AMA Charles tells it like it is. How are you not going to love this… No Hype, No King in the castle, just plain old fashioned common sense.
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Of course, but we were talking about the effect of staking.

Yes! All of us should always answer questions and criticism about marketing with this! :grin:

Here is the answer Charles has to the OP question. At 8:00 and through 10:20 Video below timestamped to the start of the answer:

In the middle of this explanation of Why Interoperability, we get to the costs (very real costs) of not closing this gap in the Crypto-Ecosystem.

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Thanks to everyone that has replied so far, a wonderful amount of insight and information has been provided in this topic by various contributors.

Everyday i learn a little bit more about ADA and Cardano and i continue to be impressed by the range of societal and developmental issues it has already tackled and aims to tackle in the future. When i first became interested in investing i was only really thinking about making a profit and whilst part of the reason i believed in that potential in the first place was because of the future benefits to the world, now i’m also becoming more and more emotionally attached to the project because of the ethical approach and benefits that Charles and the team are looking to deliver to this planet, it’s so, so much more than just a financial investment and to think of it in such simple terms only suggests that one has a lot more to understand about Cardano and the ecosystem.

I also like to think of ADA as a Green-Coin compared to the huge energy draw-and-dump that is Bitcoin and other PoW coins that environmentalists and everyone that cares about the health of our natural world can lobby behind.

One thing i’m curious about is that when i began reading and learning about the project months ago i understood that it had the capability and potential scalability to support a huge number of Transactions per second. I’ve seen certain posters commenting negatively and claiming that the TPS is very low, i assume that is only currently and when more nodes and staking pools are online this will increase substantially?

They are working on a version of the Ouroboros consensus protocol called Ouroboros Hydra. This is a planned part of the roadmap. Hyrda will implement sharding and increase TPS rate dramatically. This will probably be a 2020 implementation.

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