Yes, projects can co-exist, but one of them can take a huge market share while others are fighting for what is left in some specific parts of the market. For example can someone compare Google with any other search engine? Google has over 70% while others are fighting for what is left. Or we can take a look at the desktop operating systems where Windows has over 87%. This can be the difference between a booming crypto network and one which is stagnating or even slowly slowly falling. Obviously, we would like to be in the leading team.
Shelly it is a verry good update and a verry good step for Cardano but obviosly it isn’t enough. A network where you can stake but you can’t build it is useless and the current price it is just a reflection of the hope that this network it will be usefull. I’m one of the people which are still beliving in Cardano and I belive that it didn’t started it’s engines yet.
Regarding the programing language, there are plans for the future that will allow the users to use alot of the programming languages which are going to be compiled in Plutus. I’m not an expert but this is my general understanding and I belive that it is better than the one expressed in that article.
Can Cardano be the winner? Well, there was a time when Yahoo was the monster in the market, then? Well, Google came out and the rest is history. Something was better and people prefered it. There was a time of MySpace, Hi5 and other things. Then Facebook came out… Ether dominates right now, but I belive that there are things which can be done much better and Cardano may have that potential. Where is that network effect of Yahoo or that of MySpace and others? It is all about what you place on the table, but it has to be disruptive if you want to come to the front.