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Elevenews

08/19/2021

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Sorry for ADA Non-Believers; the Rest are Set to Enjoy the Cardano Ride

Please get into ADA as it is trending to be the Champion of the next layered Web 3.0. And, where is it heading to now? The Cardano project gets a lot of traction, both good and bad.  The ADA...

Sorry for ADA Non-Believers; the Rest are Set to Enjoy the Cardano Ride

Please get into ADA as it is trending to be the Champion of the next layered Web 3.0. And, where is it heading to now? The Cardano project gets a lot of traction, both good and bad.  The ADA Army is assembling. Sometimes it becomes important to follow the hype and rise the bandwagon.

Cardano price is witnessing exhaustion.  The exciting thing about Cardano is that there is just a lot of activity; there is a lot of momentum behind Alonzo.   A date, September 12, has been set for the release in which smart contracts will be enabled, and that functionality is again putting it closer to being a direct competitor of ETH. And, it is very obvious that several ADA and ETH holders are fighting with each other all the time.

Functionality-wise, Cardano has got many benefits of where and what it can do in terms of the future.  But then, the key here is to go back to kind of the difference between Cardano and Ethereum.

To be called Ethereum Killer, you have to expect hate and trouble.  Reportedly, it is just like Batman versus Superman.  It is a battle versus the super Heros. But, be sure, ADA has been appropriately built from the ground up, and it will further continue to evolve into the future.

There is a sentiment bubble, which is a moderate amplification story.  All these things move around the network effect and how people are thinking. Anytime the price goes a little down, it is possible to see people having FUD, and they bash Charles and Cardano. When the price goes high, all are praising Charles.

The reality is that nothing about Cardano has been rushed.  The developers are confident that it is being done right.  Charles is absolutely banging on.  Several investors are keeping their eyes peeled for projects on the ADA network? They are heavy in ADA.  They are definitely interested in any great project that is set to come.

One small issue with ADA is that the Whales have a huge advantage going forward with mining under POS. Like other PoS systems, investors should think about this. If staking they think is a benefit, they need to dive deeper. The ERC20 converter is expected to offer plenty of interoperability. It is just getting better.

Someone tried to simplify Cardano, stating, ETH is Microsoft. First mover, but you need third-party software to make it an ok and affordable experience (MATIC). Cardano is Apple. Late to the game, but well researched, and the software runs from the get-go. Apple was on sale once after the tech bubble burst. ADA was there as well last year. So let’s sit back and enjoy the ride. Sorry for all the non-believers. Many are gladly willing to take the bags.

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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.


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