Logo
Cardano Ecosystem

Blaze Trends

08/08/2022

·

411 views


Mark Cuban: Dogecoin is more useful than Cardano

Mark Cuban still believes that Dogecoin (DOGE), the largest meme cryptocurrency, is more useful than Cardano (ADA). The usefulness of Dogecoin In a recent interview... The post Mark Cuban: Dogecoin is more useful than Cardano appeared first on Blaze...

Mark Cuban: Dogecoin is more useful than Cardano

Mark Cuban still believes that Dogecoin (DOGE), the largest meme cryptocurrency, is more useful than Cardano (ADA).


KuCoin 728x90

The usefulness of Dogecoin

In a recent interview with cryptocurrency-focused YouTube channel AltcoinDaily, billionaire Mark Cuban said he still thinks Dogecoin is more useful than Cardano. cuban said:

The possibilities for Cardano are greater until Dogecoin really becomes an application platform.

Mark Cuban claimed that people in Africa are not using the blockchain as much as they expected. Cuban noted that Ethereum’s competitor has had very little impact, despite launching smart contracts nearly a year ago.

This isn’t the first time the billionaire investor has questioned Cardano’s usefulness. Last May, Cuban tweeted that he was unaware of potential use cases for the popular Proof-of-Stake (PoS) blockchain. Cuban is concerned about the lack of innovation in the cryptocurrency world.

Instead of seeing real innovation, you see replication.

According to Cuban.

In addition, Cuban said there was a lot of uncertainty surrounding the transition from Ethereum to Proof-of-Stake. He is convinced that the success of the blockchain will largely depend on whether more applications are adopted.

Cuban also spoke about the regulation, criticizing the US Securities and Exchange Commission’s “regulation through litigation” approach. At the same time, Cuban says he avoids Ripple because of its overly aggressive community.

The regulatory uncertainty caused by the regulator is the reason why there are more crypto companies in Singapore and the Bahamas, according to Cuban.

AD

World’s First Multi-Token ISPO — By Genius X - Starts on 12th of September, epoch 363!

Genius X, a revolutionary launchpad and business accelerator helping Web3 startups attain speed, scale, and edge, is thrilled to announce the world’s first Multi-Token ISPO.I WANT TO KNOW MORE!


Read Original Article on Blaze Trends

ORIGINAL SOURCE

https://blazetrends.com/mark-cuban-dogec...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


More from Blaze Trends

See more
Cardano launches new update for Daedalus wallet, you need to know this
Blaze Trends
Cardano launches new update for Daedalus wallet, you need to know this

10/15/2022

·

403 views

Related News

See more
WingRiders Governance Token

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)
Bringing Fixed Assets (CNFT & CNT) Lending & Borrowing to CardanoWorld’s First Multi-Token ISPO — By Genius X