/biz/ - Business & Finance

>>29977415

>>29490368
Very good smart contracts

>>28850499
Fundamentals, peer review, functional programming and formal verification isn't a meme anon

>>28780643
It shows

>>27987768
Cardano exists because the list in pic related keeps growing.
They want to go the extra mile to prevent that, even if it takes longer time. Ethereum likes to move fast and break stuff.
>Just roll back the ledger!
No, fuck that. Get it right the first time.

>>26382513
>Too much competition
Are there any truly revolutionary dapps or defi currently though? It's still early days speculation. Competing with pic related wont be hard for Algorand and Cardano.

>>26200963
Sure they will

>>26199416
Ethereum is Cardano's KEVM testnet

>>26150849
>Move fast and break stuff!
>Lose peoples money!
>It's ok, we'll just fork anyway!

>>26121737
Yeah, well functional ones.

>>25738105
And to what standards...?

>>25646942
>if your project needs to buy people off to be interested, what happens when the money runs out?
EOS raised $4 BILLION. #15
Cardano raised $60 million. #6
It's not the quantity, it's the quality. Barely any other project does as rigorous research as Cardano. Everything is peer reviewed and formally verified.
>inb4 peer review and formal verification is a meme
Doesn't completely stop pic related from happening, but it goes the extra mile to at least try and prevent it.

>what happens when the money runs out?
That's literally the point of the Treasury on Cardano. A certain % of transaction fees gets deposited to the treasury.

>>25353688
>unfinished
>Ethereum is complete
>ETH 2.0
>Bitcoin from 2009 is good enough

>>25282078
Mmmm grayons

>>25161194
Is there a complete list of pic related?

>>25126588
>Cardano is just a testnet for Ethereum.
Everything on Ethereum is testnet-tier. Cardano wants to get it right. The KEVM dev net is also live since some days ago.
https://developers.cardano.org/en/virtual-machines/kevm/about/kevm-testnet-support/
KEVM ≈ Solidity with formal verification.

>>24424223
Best of luck

>>24407658
A short list from 2016 to 2018. Read somewhere that Ethereum has on average 100 bugs per 1000 lines of code. Microsoft has 15 per 1000. NASA has 0 per 500 000 in shuttles and space station. I wonder where Cardano falls, from it's heavy use of formal verification.
https://www.youtube.com/watch?v=-CTNS2D-kbY

>>24388828
>How safe is that?
I mean, since Ethereum has such an amazing track record of safe smart contracts.

>>24332342
It was exciting, but was eclipsed by Cardano. I do think the implementation of smart contracts is amazing, but pic related happened too often. Cardano at least tries their utmost to limit this happening, by spending a lot of extra time getting it right. https://www.youtube.com/watch?v=-CTNS2D-kbY

>>24332441
Same

>>24229420
Source?
>your ass

>>24116353
Goguen can't come soon enough.

>>23935138
>eth spaghetti code
>frankensteined together
I can't hear you over our formal verification

>>23867473
Right now it's basically Proof of stake Bitcoin, written in Haskell. Soon™ it will have smart contracts and ERC-20 support, extensive governance with the largest DAO in the world and 1 million TPS.

>>23867930
It beat Ethereum to PoS. 51% byzantine resistance PoS at that. ETH 2.0 is only 33%. ETH 2.0 won't have smart contracts in a long time. Cardano will start rolling that out this month, mainnet march 2021.