/biz/ - Business & Finance

> another hexagon logo

>>13307100
Its like a cheaper, dumber, version of Ethereum.

>>13307151
Its like a cheaper, more efficent version of Etherium
https://ambcrypto.com/cardano-ada-proof-of-stake-pos-throws-away-expensive-process-advances-the-network-says-charles-hoskinson/

>>13307100
two big updates happening
Shekely
staking

>>13307108
>hexagon
what

>>13307531
>>13307554
It all just seems like a science research project for academia but no actual product or real world use.

>>13307100
Actually functioning would be pretty bullish.
Next big thing would be actually being used for something.

>>13307582
define real world use?

If it gets staking before eth (and it should) you need to ride this fomo train to make it

That's all....

If the world runs out of söy we can always open a vein on Charlie and get more.

>>13307721
How about something other than a wallet to begin with.

>>13307100
Proctologists on the blockchain? preposterous.

>>13307576
You don’t see it? Seriously?

>>13307576
are you autistic?

>>13307100

I bought 20k at .04 and have been sitting comfy

>>13307757
i might be a bit slow here cuz i just wole up but. isnt the same applying to bitcoin. it has no real value outside its internet uses. same goes to money right.

ok so cardano has been applied as both mobile payments and creditcards in south korea. there team is one of the most educated and they recently put in alot of effort to go to (dont remember the name but its a quickly developong sfrican country) to both train snd maybe even eventually spply cardano i large scale there. making it not only a internet currency but much more. i have a feeling were moving away from fiat so digital currencys is the future. investing in something like cardano might save you alot for the future when something like this hits the mainstream or when the dollar loses its value

>>13307884
same but bought 104k comfy af

>>13307863
Helmut Kruger?

Shelly update is coming:
*rolls out to fullly decentralized Proof
Of Stake protocol
*anyone with moderate computer skill will be able to run a stake pool
*stake pool can run on a rock-pi (~80 USD open source hardware)
*no minimum required to stake
staking rewards proportional to quantity staked
*likelihood of stake pool being chosen to produce blocks is proportional to total # ADA staked in pool
*Stake pool does not control your coins, staked coins can be spent at any time, cold staking will be possible, no penalty for a node going off line other than not receiving rewards if you are elected to produce a block and you don't do so, will be possible to cold stake from ledger with the next version of the ledger hardware
*target # stake pools will be 1000 initially. total # can be increased or decreased by tuning the reward payout percentages based on total # coins staked for the pool.
*Ouroboros chronos integration will enable the blockchainto provide time info to stake pools eliminating the need for outside access to accurate time
*1000 stake pools will make cardano more decentralized than ETH, EOS and Bitcoin by a massive margin.
>Q2 of this year

after shelly, smart contracts and sidechains. this is being worked on by a seperate team and the rolliut will be faster than shelly as it is being worked on concurrently Q3.
*TPS is estimated to be between 150-200
*Ouroboros hydra is the sharding research stream and that is expected before the end of the year - #stake pools for hydra will probably be tunes to be larger than 1000 because the more pools you have the better it will work and the faster it'll be

Smart contracts will be written in Haskell, and a new language created for the finance industry contracts that will literally be DRAG AND DROP - see Plutus playground. the design of plutus is for current financial industry domain experts who have domain expertisebutno programming skill so that they can instantiate financial smart contract instruments with no programming skill in a highly secure way

>>13307100
Look I dont want to shill but I have been in Cardano for more than a year and before investing in it I researched a lot so I can tell you some very important things.
>Cardano is the project with most potential,it could be the greatest cryptocurrency
But its Achilles heel is....
>The Development is slow,they could fall behind,this is because everything passes a rigorous examination before being implemented and they want to be able to demonstrate everything matematically.

Is it the greatest cryptocurrency?
>No,not right now.
Could it be in the future?
>Yes it could.

Other than haskell, smart contracts can be written in Solidity using KEVM which is an improved more secure and concise version of the Ethereum Virtual Machine produced by IOHK. Haskell offers a much deeper toolset than Solidity. Haskell also opens up the crypto space to Haskell developers who have thus far been excluded from the cryptosphere. These are some of the smartest, most capable and experienced developers in the world, many of them using Haskell in the financial industry.

Interview with Hoskinson and 2 devs by Ivan on Tech: https://youtu.be/mNcsdAPKRN0
>great interview and charles rips the asshole out of EOS, pretty funny
hard not to be bullish after watching that

Cardano effect podcast - Interview With Chief scientist. Goes into the Cardano POS protocols - Ouroboros Chronos, Ouroboros Hydra - more technical
https://www.youtube.com/watch?v=paEQoS5b4zY

this is the going to be unstoppable - shelly testnet is being released any week now. expecting some exciting announcements coming out of the IOHK cardano summit next week

THE NEXT ETHERUM, main wallet is full of bugs and barely works

>>13308861
no it is not anon, get with the times. daedalus works VERY good now. you know it's a full node, right anon? runs on windows, mac and linux. if you want a faster wallet experience you can use the yoroi wallet created by emurgo, built on the reference browser wallet backend that was engineered by IOHK. yoroi is fast, secure, and works with the legder hw wallet. time to update your misinfo anon

Price predictions for eoy or 2020?

>>13309054
EOY: $1.50 - $2
2020: who knows

>>13307100
its 2.5 BILLION testent today
>bullish

>>13309117
please. nothing goes "up" in crypto anymore

>>13309132
okay fren, we'll just have to disagree

Co-founder of Ethereum is heading the project and is actually making huge progress. /biz/ fuds it but it's all ironically or to get a laugh. Same thing /biz/ does with LINK. These are the only two projects that hold any value for the future.

Vapor wave with no working product

>>13309645
Its vaporware you illiterate idiot

do you guys actually ever go to the cardano.org forums or the reddit cardano page? i dont know, the whole things seems like a big clusterfuck to me. youve got all this infighting between cardano, IOHK, the cardano "foundation. theres just all these different branches controlling diff aspects of the project, and it seems like no one is on the same page.

>>13309956
he's probably just phone posting brah

>>13310017
I got mad because I have heard that too many times desu

>>13307721
at least ONE GAMBLING DAPP. gambling services are always the pioneers.

>>13307884
>>13307900
Fuck! Makes my 4000 pale in comparison! Will I make it?

>>13307582
At the moment it is. But the academic approach will build momentum with time. The iohk group are making connections with tons of universities and building a large pool of skilled people.
>>13307100
Shelly is pretty much done. Expected to release at their meeting in second half of april. Test net has already some parts. It adds staking consensus and staking pools.

It's not going to replace ethereum but see it doing well in future.

>>13310902

>not going to replace ethereum

>>13309956
U mad bro? Sorry to break it to you but ADA is shit

>>13307100
i can't

>>13309132
>has held top 10 with nothing but a wallet
>won't go up with a main net launch and cold staking

>>13310849

No. 50k to make it. It's going to $20

>>13307582
This is my main concern that it is just a big research project. While cool yes. How does research project increase ADA value when it can be copied by anyone that already has a user base. Apple, Amazon, Microsoft, a big bank. etc. That's my only main worry.

>>13311703
if they were to take it they would lock it down into a closed garden and destroy any value. that seems to be the main argument when people bring this idea up of corps taking open source projects

>>13309645

Made my day

>>13310849
>>13311671
If you believe its going up but dont have many ADA just open a long position kek
We are one week away from the summit ,you could make big money if you do it these days buddy