Will Cardano be ridiculously OVERPOWERED in the future?

IMO

Cardano has 3 important inflection points which each one of them would act as a catalyst to gain overpower vs other cryptos

  • The first that we are in now … the transition from federated to decentralized system
    as would mark the first major upgrade from POW systems and energy consumption, as POS reaches same security under the same assumptions + Dynamics delegation system

  • The second is when we reach to capt interest of developers to have their applications using Cardano infrastructure allowing more security and other benefits than EVM and other platforms

  • The third is when we have a truly scalable system that could handle transactions in a massive way

  • Bonus and in my opinion one of the best features offered by cardano is the possibility to built a system and could auto-sustain itself in time allowing dynamic governance

All the above is not considering that humans do stuff that is inexplicable so could happen or not

In my opinion, those are the crucial moments that we could reach overpower

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It’s still aggresivity.

There’s no need even to quote that kind of “whipe out half of the crypto.”

Need to change the mindste guys. There’s no war between cryptos, all the good ones and even many of the bad ones will live together in the crypto ecosystem.

There’s no need to think that just one will be the winner and all the rest, or half the rest have to dissappear.

It’s been many years of crypto already, time to forget about aggression. Grow the f up!

Three pillars of :cardano: and any third generation crypto are scalability , interoperability, and sustainable. Right now there are many cryptocurrencies but non of them talk to each other, with :cardano: they will. Your issues are your own and the way you read the post is on you.

Your answer doesn’t make sense. At all.

That’s because you haven’t dived into the project deep enough. All this:

is addressed in interoperability of :cardano:. You simply took a humorous post at face value. However you’re in the right place, your views are aligned with the project and vice versa.

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Value increase’s with the update of Shelly are likely to drop back. This is a time when profiteers will step into the hyped up launch of the update. It’s a period of trading. Those guys will eventually fade. Holders of ADA in stake pools will see their real value increase with the launching of fully developed projects that operate on Cardano. I’ve been a trader for 40 years. Don’t buy into the rush for opportunistic profits unless you ARE a trader.

The benefit of Cardano IS the blockchain. There are some very large business projects that have been quietly developing while the testnet has been up. Cardano isn’t focused on banks. Cardano is focused on business’s and their needs. The Coffee growers industry for example is vast, global and competitive. Charles H. has stated in an AMA his desire to build and develop a real world working system with 1.5 million coffee growers in Africa. More than just wanting to do so, they have a working relationship with the Government. This isn’t a maybe. It’s happening right now. Equipment leasing is another multi trillion dollar industry. As I read recently a major global company IS partnering with Cardano for development of it’s global blockchain needs. I like to keep the Korean debit card project in mind as well. It’s also a real world active development.These are real world situations that can have incredible benefits. And lets be real about something else, India’s $320B IT opportunity. Setting up a university in INDIA with 2,500 initial spaces with the intention of expanding to 10,000 is amazing, but it also means future growth and expansion, not immediate. The Indian IT engineers are already tech savvy. They are also in many cases brilliant. How many projects they will build on Cardano?

My point is this, ETH has hundreds of absolutely lousy crypto’s built on it’s blockchain, yet it’s value climbed to well over $1,000. Do to failures and value loss during this crypto winter the price has dropped dramatically. Remember 90% are expected to crash and burn. IOHK/Cardano teaches programmers to build on their blockchain.

It’s been said IOHK will fund select special projects while working with them to advance their project. Remember Cardano founder Hoskinson is no slouch. He is very focused on building for the long haul and as we see, he takes the time necessary to build as functional and solid as anyone could hope.

IF IOHK consults with Indian projects they will have Charles experience to guide them away from Bitcoin problems as well as ETH s problems and the many Cardano has worked through. This is a win win win.

My long winded point is, Cardano as a block chain will be a powerful industry leader or should I say industrial leader. AND, if they do increase their Transactions Per Second, TPS, maybe banks will also see them favorably. Cardano has the possibility of overtaking both XLM and XRP in my view.

My only concern is will ADA’s value be transferred to ADA. XLM and XRP are both used more than any other crypto in use today. Yet their price is in the dumpster. Speculation, not use drives their (price not value).

As projects were built on ETH it’s value grew. My expectation is that as projects are built on Cardano it’s value will be transfer to ADA. The token XRP and XLM gave away the value proposition of their tokens when they developed a fee structure that allowed use of other coins to pass through their systems by only having an account with a minor deposit of tokens that would be used to pay a simple extremely small access fee of .000001 per transaction. If Cardano does likewise I suspect the investment in their system will have been another mistake.

Let Cardano mature. If as Charles Hoskinson has expressed to me that market forces will drive the value of ADA then our holdings will be very valuable and mimic the success of ETH possibly several times over. Fingers, eyes, legs and shoelaces crossed.

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Lets be modest:

  1. Indian University 2,500 programming enginers being trained to build projects on Cardano.
  2. Testnet has enjoyed an amazing number of projects being test developed on the system.
  3. Charles has developed undisclosed partnerships with government’s to build projects.
  4. African nation is building in partnership with IOHK/Cardano a blockchain using ADA and it’s planned to be taken global.
  5. Korean Debit card test still in process, no announcements about going fully live yet. Has been successful so far.
  6. Cardano, unlike ETH will have solid working projects built on it’s blockchain. (ETH has hundreds upon hundreds of dead and dying projects on it’s block chain).
  7. Cardano will soon be the most decentralized blockchain in operation.
  8. Cardano stake pools will draw institutional investors looking for interest payments while their money is tied up waiting for increases in value of ADA.
  9. Cardano will have quantum security from quantum computer attacks. (hello banks?) If this can be transferred to projects on Cardano, the Governments of the world will be customers.
  10. Certain large projects have not been announced yet. Cardano needs to press development forward quickly.

Cardano may have missed a great deal of opportunity because of it’s development processes, but the shortcomings of the other developments will not be and cannot be tolerated for long by companies.

Cardano’s greatest failure (?) to date has been not so much a failure as a down side. Their marketing of partnership success has been pretty bad. The AMA’s done for us retail investors has been simply rehashed tech talk and reassurances of progresses being made with answers to questions of delay. I wont call them excuses because they aren’t. In life things happen with results we don’t like. Addressing these doesn’t make for an excuse so much as an explanation of process. Charles does this really well. My main point however is there is precious little news about major partners excluding that they have talked with Governments and developed partnerships. This is drought is likely intentional disinformation to protect relationships alliances and projects from poachers. The coffee deal would never have been revealed if they hadn’t been pretty far along in the process.

Any way I’m done blathering for today. We do have something to crow about.

Humility will come of we fall flat on our Cardano faces.

Not until. :<)

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And how in holy hell do you know how deep i have dived in the project? You don’t need to tell me what interoperability in cardano is. I know what it is very well. And I’ve dived deep enough to realize that quoting a “character” that uses ridiculous remarks as “wipe wiping half of other cryto” is the total opposite of cardano’s principles. It’s not “humorous”

You quoting aggresive remarks against other cryptos shows how deep in the project you have “dived” lol.

“You haven’t dived enough in the project”. LOL, this guy…

What does that even has to do with anything?

What’s wrong with you?

Do yo realize where yo are man?
Quoting you, do you how deep have you dived"" in the project?
Do you realize that you’re posting in the forum of a project that is trying to achieve total decentralization and self governance where your “Higher Numbers” won’t mean a damn thing?

Again, what’s wrong with you?

So that’s how you argue with another person?
Like a 5 year old boy?

You’ll just compare your stats and say your numbers are higher? What’s that suppossed to mean? You’re better than me because your numbers are higher? Do you have more rights than other people because your numbers are higher?

Very professional of you, very mature also!
How do i report this guy? Can’t find the option to report him.

The stats are public, yours and mine. If you come after people, don’t cry when you get hit back. Be civil and people will return the curtesy.

Forum etiquette

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Your numbers don’t mean a damn thing!

The post is hidden, maybe it’s best to try and see it for what it was though. A fact that was written, presumably a bit out of frustration. But not ill-intended.

Sometimes passion gets the best of any of us in defending a project. I can assure you Sean didn’t mean it to be percieved as instigating. Although one could perceive it as such.

Now, make up and be friends, or don’t. Remember, we are all humans. And humans make mistakes. I would like to see an end to the bickering between you and Sean, you can ofcourse discuss anything you’d like through direct messages with eachother. But at this point, i think both of you are better of agreeing to disagree

Thank you for joining the forum by the way, this was a pretty lively discussion. Have a good day. :slight_smile:

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Thank you @Bullish

Cardano is supposed to be the most advanced crypto, but the question is will the idea work in the right way. Now we don’t know because the project is still under development

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I can see Cardano stake pools turn into or replace global bond market over time so if you feel optimistic about future of global economy
:rocket::rocket::rocket::rocket::rocket::rocket::rocket::rocket::rocket::rocket::rocket::rocket::rocket::rocket:

You’re not alone.

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Of course it will. The research behind the project assures it’s intended functionality in application. As Charles has found in practice, the white paper is a starting point. Now as we see the application to a designed process reveals flaws and or modifications to further improve or correct issues. Many drawings of airplanes were made before they were flown. Once taken from the drawing board to the build there were mechanical challenges. Once the mechanical challenges were over come in the build then they made the trial flight which usually ended up in catastrophic failure. I love watching all the old flicks of trial flights of early airplane designs. Hysterical. We have to remember, much of the technology in Cardano is not old but it’s not new and there is also much technology in Cardano that IS new and being applied first time. There WILL be delays for good purpose. We all know Cardano is breaking some new ground. We also know Cardano is built to take head on many challenges while most cryptos and blockchains focus on doing one or two things well. To be a financial blockchain that will enable other blockchains and crypto’s to be effective in the retail world is an amazing project.

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I agree with you and I believe in Cardano too, I just want to see good results in the future

They will be using Cardano for supply chain management of Asteroid mining one day so you are probably right!

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