“Okay, V” Cardano Community Replies To Buterin’s Survey

The inventor of Ethereum Vitalik Buterin launched a poll via his Twitter account asking his followers to choose between Cardano (ADA), Bitcoin (BTC), Solana (SOL), and the U.S. Dollar. Buterin has been more active on social media after taking a self-imposed hiatus, and his latest poll sparked a debate amongst crypto users.

Related Reading | Why Delisting Of Cardano On eToro Could Benefit Its Price

The inventor of Ethereum presented two hypothetical scenarios specifically targeted at ETH holders. His poll’s question consisted of the following:

Poll for Ethereum community. You wake up in 2035, and 80% of all transactions + savings in the world are in one currency that is not ETH. Which would you prefer it to be?

The Ethereum community was presented with 8 choices, Cardano (ADA), and the aforementioned cryptocurrencies, alongside TRON (TRX), Binance Coin (BNB), China’s CNY, and NEO. As of press time, the poll records almost 1 million votes with 5 hours still to go for users to reply.

The poll was conducted in two separate posts due to the number of choices allowed by the social media platform. However, Cardano (ADA) seems to be the winning choice so far with 40,7% of the 557.040 votes cast on the first post.

Bitcoin (BTC) closely follows with 39,8%, TRON with the most votes, around 42,4% on the second post, and Solana (SOL) with 13%. The least voted currencies, at the moment, are the U.S. dollar and China’s yuan with less than 7% of the total votes in the first post suggesting that the crypto community lacks trust in the fiat currency.

Of the projects mentioned by Buterin, the Cardano community seems to have been the most active. The inventor of this network and CEO of its main developer company IOG, Charles Hoskinson, replied to Buterin with “Ok V, I’ll bite” and then encourage the ADA community to “win this one”.

OK V, I’ll bite 🙂 https://t.co/kHPe7Uo2ty

— Charles Hoskinson (@IOHK_Charles) January 14, 2022

Cardano And Ethereum’s Troublesome History

The Ethereum and Cardano community have a complicated past, as was reflected in the comments for the poll. Some users accused the project of “buying votes” and of driving their support on the backs of bots, such as Evan Van Ness who also pointed out the alleged low number of transactions on the Cardano blockchain.

literally less than 1 transaction per second on $ADA a few weeks ago pic.twitter.com/nC1Pf8nSrh

— Evan Van Ness 🐬 (@evan_van_ness) January 14, 2022

However, IOG has been putting a lot of effort into providing proof that the Cardano ecosystem is growing. The network implemented smart contracts capabilities in Q4, 2021, but its critics claim the development of operational projects has been slow.

In a recent post made by the company, projects such as Cardano Cube, Essential Cardano, and others are confirmed to be on final testing, amongst others already testing on this network’s testnet. Similar data claims there are already around 200 projects building on this network with 18 already operational.

🤷‍♂️ Prolly nothing?

Tune in to the mid month update tomorrow evening UK time for some updates on scaling plans for 2022 and meet a few more of the projects #BuildingOnCardano 👍

Subscribe to the @InputOutputHK YouTube and hit the bell to get the alert 🙏 #Cardano $ADA pic.twitter.com/Dt4qKBSG1I

— Tim Harrison (@timbharrison) January 13, 2022

Related Reading | Total Value Locked In Ethereum 2.0 Hits $30 Billion Milestone

As of press time, ADA trades at $1,27 with a 1,1% loss in the past day.

ADA with small profits in the 4-hour chart. Source: ADAUSDT Tradingview