Is Cardano the Next Ethereum? – Katoch Tubes

Is  Cardano the  next ETHEREUM?

Is  Cardano the  next ETHEREUM?

What is Cardano?

Cardano is an open-source, decentralized blockchain by Ethereum co-founder Charles Hoskinson, addressing the scalability issue of Ethereum chain

Why Charles left Ethereum?

Charles had a dispute with Vitalik Buterin who wanted ETH to be a not for profit company. Hence, Charles left & founded Cardano.

Cardano Specs:

1. Tps: 250 transactions per second 2. Gas Fee:  Lower than Ethereum 3. Consensus:  Proof of Stake 4. Explorer:

What is Cardano coin used for?

ADA is the native currency of Cardano. It is used for on-chain activities like staking, payments etc. Details -

Top Projects  on Cardano

Cardano ecosystem is warming up. Here're the top projects -

3. MuesliSwap

Problems with ADA

1. No Major Partnerships 2. Lack of Ecosystem growth. 3. Poor ADA performance 4. High Competition

Is Cardano a good investment?

Cardano growth is directly linked to the growth of its ecosystem. Right now, the future isn't favouring ADA esp. when we have tokens like ETH, SOL & NEAR.

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