Nick Szabo seething about ADA/CARDANO

[Anonymous No.29884813]

This is it folks, Satoshi hates Cardano, he's never seethed at an altcoin before. He knows ADA can surpass BTC and hates on it. Massive buy signal for Cardano

Also reminder ADA is the most decentralized crypto on earth with 90% supply staked, while 4 Chink pools control 50% of the BTC hash power.

[Anonymous No.29884899]

ADA has literally zero use case aside from staking. It’s a fucking scam. Why the fuck are you staking if no one is even using the fucking coin?

It’s a scam. Decentralised and scalable means shit when it’s not usable. It doesn’t even have smart contracts.

[Anonymous No.29884943]

>>29884899
cope seethe dilate and have sex trooncel

[Anonymous No.29885206]

>>29884813
Szabo is a pedophile btw

[Anonymous No.29885247]

>>29885206
ID: Ng
Yeah ok Charlie

[Anonymous No.29885274]

Some reddit cope going on here.

[Anonymous No.29885327]

>>29885247
Id:4G
Hello Nick

[Anonymous No.29885335]

Charles sold you an idea, but have you tried coding on Cardano? It's fucking garbage.

[Anonymous No.29885480]

>>29884813
Is he just admitting it at this point?

[Anonymous No.29885600]

So glad I swapped ADA out tonight. Thank u based anons

[Anonymous No.29886769]

Posted this on another thread, but a crypto fund is moving out of BTC and into other more functional systems.

https://www.arabianbusiness.com/banking-finance/459254-dubai-crypto-fund-says-to-dump-750m-worth-of-pretty-useless-bitcoin

[Anonymous No.29886803]

Cardano as it is today is a better tech than bitcoin..prove me wrong szabo faggots, what does bitcoin even do ? nothing and its hash power is centralized by 4 parties in china.

cardano is a superior store of value with 10x decentralization and does not require huge mining farms for its operation. having smart contracts is even better which will come eventually.

[Anonymous No.29886828]

>>29884899
It has plenty of use case. It’s just not implemented. It already functions better than Bitcoin at everything it does, and on a maximum supply capped token...

[Anonymous No.29886874]

>>29886803
It’ll come in the next 6 months, likely. Keep in mind Cardano works on virtual machines. Any Ethereum dApp will run in Cardano out the box, if I’m not mistaken.

Pretty cool. Once hydra scaling happens the entire banking industry will be dumped on.

[Anonymous No.29886913]

>>29884813
I sold everything when I saw their drag and drop interface that removes the need for coders. Even one minute wasted in that explains why these clowns still don't have smart contracts 6 years later. You must be a real retard to prioritize shit like that, even dumber to think it will be good

[Anonymous No.29886958]

https://developers.cardano.org/en/virtual-machines/evm/overview/

Double checked all this works. Yeah. It does. Anything coded in Solidity works out the box on Cardano. 1000 tps vs 14 tps — Eth and Bitcoin have just been murdered and this is only the start.

[Anonymous No.29887047]

>>29886913
Hasn’t eth been scaling for 4 years? When is it going to happen?

Making sure the implementations to get infinite decentralized layer 2 scaling going BEFORE adding smart contracts was not a mistake.

[Anonymous No.29887539]

imagine being mad because a coin you dont own or like is doing well. this has to be the biggest cope fag shit ive ever seen. get left behind faggots

[Anonymous No.29887671]

Just recieved this email bros, what does it mean for my ADA stacks?

[Anonymous No.29887682]

>>29887539
Most of them have their fortune literally locked forever in ETH2.0 staking contracts. If ADA continues to rise their only hope is the rope. That or assassinate Vitalik in the hope it can unlock their ETH before it reaches 1$.

[Anonymous No.29887757]

>>29887671
It means the ADA blockchain will now support native tokens (ie tokens that don't need smart contracts, ie 95% of the trash you find on Ethereum/Uniswap)

[Anonymous No.29887874]

Are these threads two AI bots arguing over the most irrelevant points?
Neither side makes any sense what so ever to the casual observer.

[Anonymous No.29887904]

>>29887671

Stake your shit in Yoroi or Daedalus, don't be a pleb.

[Anonymous No.29888118]

ITT newfags who weren't around in 2017 and are starry-eyed about "blockchain" technology. Wake the fuck up retards...

[Anonymous No.29888160]

>>29887682
Okay but is that a good or bad?

[Anonymous No.29888260]

>>29887874
Seems like it. This ada shit spam is everywhere

[Anonymous No.29888410]

>>29884899
Shut up ivan

[Anonymous No.29888938]

>>29886958
This also true for Avalanche, except it's 6.5k TPS and instant finality

[Anonymous No.29889062]

>>29888938
This is also true for Solana, except is 65k TPS
People buying ScamFagDano have serious mental issues

[Anonymous No.29889385]

>>29884813
Sorry Nick, I just invested £1000 in Cardano based on a random number generator

[Anonymous No.29889448]

>>29884813
>Chad vs hyped shitcoin of the month
Based Nick

[Anonymous No.29889649]

>>29886828
>It has plenty of use case. It’s just not implemented.

[Anonymous No.29889779]

>>29884813
What is like his actual argument?

[Anonymous No.29889917]

>>29884813
get in dero.io

[Anonymous No.29890113]

>This shitcoin is actually different bois, this is it
Network effect: 0

[Anonymous No.29890117]

>>29888160
Based retard

[Anonymous No.29890145]

>>29889779
he has no argument. it's just an emotional outburst about how he doesn't like governance systems in a blockchain. yeah it's been working out amazing for bitcoin, right? number go up but the blockchain stays stuck in the stoneage. god, i can't wait for cardano to become the #1 crypto so we can see these retards rope.

[Anonymous No.29890167]

>>29890113
Bitcoin caught on because the name is 9000 meme magic, Bit + coin, Cardano sounds like a Chinese scam. "Wanna buy some Cardano, bro?" - "Fuck right off, scammer!".

[Anonymous No.29890210]

He's not wrong.

[Anonymous No.29890863]

It is in the end useless, but the hype is strong and I'm still looking to get in.

[Anonymous No.29890932]

Why does Cardano need network effect when it will be able to run solidity in a virtual machine? People will be able to use Ethereum smart contracts on Cardano’s network.

...do you not understand this?

[Anonymous No.29890957]

>>29885335
to be fair every platform is rough

[Anonymous No.29891464]

>>29890167
>not knowing who Girolamo Cardano was

How do I know you are sub 80 IQ and American?

[Anonymous No.29891532]

> That supply

>That market cap.

It's only gonna be able to go so high.

Why would you buy an alt coin other than Ethereum if it's not new tech that's not from the 2017 bubble era.

[Anonymous No.29891617]

>>29891464
ok reddit

[Anonymous No.29892160]

>>29887047
>Hasn’t ada been vaporware for 4 years? When is it going to happen?
ftfy

[Anonymous No.29892259]

>>29891532
What does age have to do with it? It has to have actual limitations not 'it's old'

[Anonymous No.29892280]

FUD all you want the truth is if you did your homework you'd have invested in ADA at .10 like we told you to.

[Anonymous No.29892355]

So are people just buying eth because this bullrun got dicked on by trading fees and so they just want a cheaper eth alt?

I mean, what else of value is there even for cardano bar lower fees?

[Anonymous No.29892391]

>>29886828
>It already functions better than Bitcoin at everything it does
So does BCH and BSV

[Anonymous No.29892602]

>>29887671
It means you just have to sit tight while they confirm all their shit while the hardfork happens. You should prob have your ada in a wallet unless you plan on selling straight away anyway

[Anonymous No.29892607]

Absolutely destroyed

[Anonymous No.29892720]

>>29885480
nick szabo
ns
satoshi nakamoto
nicolas van saberhagen

who knows...

[Anonymous No.29892791]

>>29892720
also note that in japan family names are written first so it's
nakamoto, satoshi
ns

[Anonymous No.29893120]

>>29889385
>random
You have no fear of kek fool

[Anonymous No.29893227]

This is what you faggots get for fudding the shit out of btc so you could buy cheap. Fuck you greedy ass whales. I don't have ADA but man I cannot stand maxis. They love to virtue signal and act like they know best, constantly saying everything is a scam, etc. But when it comes down to it they're just as greedy and manipulative as everyone else. At least shitcoiners are honest about wanting wanting make money.

[Anonymous No.29893258]

>>29884813
Over 1600 community led stake pools, and on-chain voting with the most registered voters (almost 8,000) of any blockchain to date. Soon Cardano will have the voting power of a small nation state and it will become democracy incarnate on the blockchain. Nick Szabo isn't invited to the party because the ETH 'smart' contracts he was instrumental in making have only resulted in exploits that have cost users billions of dollars. Cardano doesn't require this to mint tokens. It protects both the retail token holder and the institution through a multi-asset ledger. Of couse Szabo is seething, his little pet project just got made totally irrelevant.

[Anonymous No.29893293]

>>29884813
>satoshi
>szabo
Pick one.

[Anonymous No.29893300]

>>29884813
>all these shitcoiners SEETHING
HAHAHAHHAHAHAHAHAAHHAHAHAHA

[Anonymous No.29893346]

>>29884899

Get in your pod and eat your bugs.

[Anonymous No.29893371]

>>29893258
What am I even reading, is this a bot?

[Anonymous No.29893377]

>>29884899
Staking in itself is entirely a scam to perpetuate scarcity to keep the ponzi chugging along.

[Anonymous No.29893398]

>>29884813
ADA pumping is unironically the top signal of thiz cycle just like XRP was the signal of the previous one, 2021 will be like 2018.

[Anonymous No.29893399]

>>29893371
No, I'm not. Can you read English you sperg?

[Anonymous No.29894117]

>>29884813
Szabo is smart, but he is not always right. He tend to be conservative in his judgements, which is paradoxical for someone who were early in crypto.
That said, i don't care about Cardano.

[Anonymous No.29894203]

>>29884813
based satoshi doing god's work

[Anonymous No.29894264]

>>29890957
Try algo...

[Anonymous No.29894274]

>>29894117
he's heavily involved in chainlink though

[Anonymous No.29894451]

>>29893227
1. Today CH will destroy the legacy of Nick Zabo completly

2. Even Hal Finney wanted to code in Haskell
https://twitter.com/halfin/status/1086599171

3. HalFinney today would be proud of Cardano
https://twitter.com/halfin/status/1153096538

[Anonymous No.29894537]

[Anonymous No.29894578]

>>29886913
lowcode/nocode is literally the future. power users will be able to create apps requiring less monopolised work capabilities - i.e. less programmers, the issue isnt that devs will be put of work, but the tools that are being built are to try to close the gap between supply and demand. to put this on a blockchain is a bold idea to potentially bring it closer to nondevelopers and target a wider adoption. it bears some risk, but in the end it will pay off.

[Anonymous No.29894740]

>>29886913
your loss

[Anonymous No.29894781]

>>29889062
Solana requires special hardware to operate it
Solana uses energy waste for consensus. Not climate friendly.
The 65k tps is only due to being centralized on special hardware farms.

Avalanche can be run on any PC without a GPU. Requires no brute forcing sha256. Greta approved.

[Anonymous No.29894814]

>>29884813
Bullish af

[Anonymous No.29894839]

>>29891617
fag

[Anonymous No.29894882]

>>29894814
When BTC dinosaurus are starting to attack heavily an Altcoin - you can smell their fear.
Yeah, very bullish for Cardano

[Anonymous No.29894942]

>>29894578
this.
also, smart contract development maps nicely with visual tools, since pretty much the entire logic is a big if statements tree and calls for moving funds around.

[Anonymous No.29895196]

>>29894942
god i hate visual programming languages

[Anonymous No.29895268]

>>29884899
staking is not a usecase

[Anonymous No.29895476]

>>29885480
huh? qrd?

[Anonymous No.29895495]

>>29895268
Then mining in POW is not a usecase too.
Staking is the consensus and the security in POS.

[Anonymous No.29895546]

LOOL

>gas fee rise
>Try to be alive
>lose get broke

Go GSX, don’t spend your money
imho, I hold GSX

[Anonymous No.29895565]

>>29895495
>Then mining in POW is not a usecase too.
Yeah well of course.

[Anonymous No.29895743]

Jesus Christ szabo is based. What coins is he involved with atm, if any?

[Anonymous No.29895820]

>>29895743
No maxi is based.
Maxis are always retarded and lunatics

[Anonymous No.29895856]

>>29895743
>>29895820
he has been involved in link from the start brainlet, that's why it was heavily shilled here

[Anonymous No.29895919]

>>29884899
You could say the exact same about literally any crypto. They are all just speculative assets with zero use.

[Anonymous No.29895968]

>>29889062
> ScamFagDano
wow, you're so clever anon!

[Anonymous No.29895970]

>NOOOOO YOU CANT HECKIN UPGRADE YOU NEED 4 DIFFERENT BITCOINS

[Anonymous No.29896007]

>>29894882
Yeah. I'm screenshotting this thread for when Cardano takes me to the moon. (You can screencap this if I'm wrong.)

[Anonymous No.29896349]

>>29896007
We are already on the moon, because we bought the dip at 2 cents back in March last year.
Now we are going for Jupiter.

[Anonymous No.29896370]

>>29896007
Yeah great. Nobody cares.

[Anonymous No.29896619]

>>29896370
Around 1 mill people involved in Cardano care.
And number grows every single day - more and more
hahahaha

[Anonymous No.29896661]

>>29894942
It's much easier to actually write code than to glue a bunch of forms together.

[Anonymous No.29897088]

>>29896661
Most important:
Cardano smart contracts will be safu. No hacks or exploits. It does exactly what a dev want it to be to do.
On top - no rugpulls possible as well.
And even no fees.
This all is called science and features other projects can only dream off.

[Anonymous No.29897181]

>>29886769
Even if this was a good plan, which it’s not, they are buying in when both of them are super overbought. It’s almost guaranteed they will dump hard still. So this fund is just proof you can be rich as fuck and dumb as nails.

[Anonymous No.29897481]

>>29896661
Agree, but if this catches on (muh 4th industrial revolution), non coders, like financial people, might start playing with something like this.
It could this be useful just to rapidly prototype or scaffold a project, like one would use let's say MS Visual Studio to put together forms, widgets and even add simple actions.

[Anonymous No.29897581]

Coding on cardano is the shittiest fucking experience. How can people stand this trash

[Anonymous No.29897645]

>>29884813
not a fan of Nick Szabo but that last one is unironically based.

[Anonymous No.29897762]

>>29884813
bullish for AAVE

[Anonymous No.29898303]

>>29884899
>zero use case
The United States department of agriculture thinks otherwise

[Anonymous No.29898397]

>>29886828
>plenty of use case
>not implemented
...k

[Anonymous No.29898434]

>>29886803
>Cardano as it is today is a better tech than bitcoin
>having smart contracts is even better which will come eventually
keep saying that. its only been 4 fucking years already you blind newfag.
>>29886828
>It already functions better than Bitcoin at everything it does


charlesdano shills have a new talking point. muh better than bitcorn!

[Anonymous No.29898475]

>>29897581
elaborate fren

Sounds like an interesting read

[Anonymous No.29898512]

>>29884899
Wtf I saw a six year old video about ADA and it was all about smart contracts, they still don't have them?

[Anonymous No.29898683]

>>29898512
ADA is vaporware supreme

shame crypto newfags dont understand the term

[Anonymous No.29899087]

Guys what the fuck is blockchain technology exactly? Like what takes these projects so long to get going. Are they writing entirely new code from scratch or something? This shit confuses me because I don't see what these things supposedly do that our current tech doesn't

[Anonymous No.29899488]

[Anonymous No.29899875]

>>29899087
Three things limiting blockchain tech.

-Scalability
-Privacy
-input of information

Realistically, all these projects are waiting for Chainlink to keep developing so we can get new Dapps.

Once smart contracts are here the tech is golden. Best analogy I can give you is right now we are still in the dial-up phase, we’re on the precipice of switching to broadband.

[Anonymous No.29899985]

>>29899087
Correct me if I'm wrong
Blockchain is a piece of software that runs on many computers on a network which validates transactions. All transactions are stored on many of those computers so it's basically impossible to fake a transaction or to hide one. Everything is certified
Smart contracts are other software built on the blockchain which validates stuff other than transactions which fills some market niche and companies might use them because they need stuff certified. Like those sites for artists that sell "copyrights" for their shitty artworks which use the blockchain.
The main problem is that ethereum network is slow as molasses and doesn't scale so people developing smart contracts are looking for alternatives

[Anonymous No.29900325]

>>29898303
Is this beefchain thing a meme? I looked at the blog and it hasn't been updated in 2 years.

[Anonymous No.29900702]

Satoshi hates Cardano so I sold. simple as

[Anonymous No.29900737]

>>29885480
Hal Finney blocks your path

[Anonymous No.29900851]

>>29884813
You need to read more tweets by Szabo. Guy is smart but also a retarded right-wing nutcase. Satoshi always wanted Bitcoin to be non-political.

[Anonymous No.29900925]

>>29900851
>created bitgold, the true precursor to Bitcoin
>the bitcoin white paper uses phrases eerily similar to the writing on Nick's old blog
>when thanking people who made contributions prior to Bitcoin Satoshi strangely left out Bitgold, despite bitcoin being based on it


yeah non political as in migrants and POC can't vote to fuck you over as in Cardano that's the point

[Anonymous No.29901086]

new one made, more coming.

[Anonymous No.29901191]

memes aside szabo is critical of anything that isn't bitcoin, and has a long-standing feud with vlad zamfir (ethereum). he's likely targeting eth more than cardano with those tweets, even if both fit

[Anonymous No.29901320]

>>29901191
He likes plenty of stuff that isn't Bitcoin, although I do agree he is too bullish on BTC relative to crypto in general

eg

[Anonymous No.29901358]

>>29892791
In Hungary as well. And Szabó is a Hungarian name, translates as "tailor".

[Anonymous No.29901470]

>>29884813
check mate maxis

[Anonymous No.29901621]

>>29901191
also he as an early believer in chainlink he is literally /biz/

https://www.reddit.com/r/Chainlink/comments/8ukuz5/nick_szabo_gavin_woods_andreas_antonopolous_all/

[Anonymous No.29901778]

>>29886828
The usecases are still in the mind of Charles, just like half of the implementation in fact

[Anonymous No.29901868]

>>29894578
Brb. Doubling down on katalyo and reinstalling Deus Ex

[Anonymous No.29902143]

>>29884813
Kek how much money do you think this faggot has locked indefinitely in ETH 2.0 right now? Feeling comfy about your assets there?

[Anonymous No.29902385]

>>29886803
Unless it is proof of work it can't be better "tech". Proof of work is the only consensus system that matters long term, the rest are shit that trend towards centralization as exchanges, ETFs, grayscale, etc will eventually control the vast majority of the coins and therefore control the network for free.

In proof of work it doesn't matter how many coins that coinbase or grayscale have because they aren't making blocks for free. They get no advantage, if they want to influence bitcoin they to burn incredible amounts of energy just like everyone else

[Anonymous No.29902495]

>>29884899
Dubs of truth

[Anonymous No.29902729]

>>29902385
Hey fren, why did you never hear about k-parameter .
And why don't you know about POW mining centralization too?
Stuck still in 2013?
Even Hal Finney saw the downfall of BTC early on and wanted to change it.
Sadly he died.
He even wanted to learn Haskell .
Today he would probably involved in Cardano .

[Anonymous No.29903088]

>>29902729
>k parameter
>d parameter
Pretty cool anon, you have some built in constants in your code that IOHK just changes whenever they want. Sounds awesome and very decentralized

Bitcoin has decentralization built into the fact that there is cheap energy everywhere all over the globe. We are already seeing china fall to around 40% global hash as more countries mine bitcoin using their energy. This is not just some gameable parameter decided by Charles and his friends, you actually have to put real resources on the line

[Anonymous No.29903902]

>>29903088
IHOK can't do shit after March.
100% decentralized !!!

And pls don't mention BTC centralized mining cartell, the centralized production of mining hardware cartell , all the patent shit when it comes to hardware, the waste of energy on an epic scale and the censorship in Bitcoin forums.

BTC - everything screams shitchain.

[Anonymous No.29904333]

>>29895856
No he hasn't

[Anonymous No.29905322]

>>29884813
The Church of maybe/kind of/part of/maxi cucked, Satoshi vs the "cult" of Charles fucking Hoskinson.
I'll pick the Hosk anyday.

[Anonymous No.29905391]

>>29884813
I dont see he mentioning ADA here.

[Anonymous No.29905511]

>>29894274
no he isn't

[Anonymous No.29905513]

>>29901358
Is Nick Szabo hungarian, though?
I think this name, Satoshi and Saberhagen are pseudonyms. They are likely some code as well.

[Anonymous No.29906347]

>>29903902
6 fucking years of no product and total control from Charles.
>We'll finally be decentralized next month!!!

[Anonymous No.29906616]

>>29884813

[Anonymous No.29907593]

>>29884813
>while 4 Chink pools control 50% of the BTC hash power.
Why dont these guys band together... get an additional 1% hashpower, and 51% attack the bitcoin network and get rich af??

[Anonymous No.29907623]

>>29886913
Oh boy you're really gonna regret this take

[Anonymous No.29907701]

>>29884813
>Also reminder ADA is the most decentralized crypto on earth with 90% supply staked
By how many users?

[Anonymous No.29907909]

>>29891464
Who cares about some wop?

[Anonymous No.29908177]

>>29890167
Thats why im buying nano. Youre right the name is almost everything

[Anonymous No.29908524]

>>29884899
FPBP

[Anonymous No.29908923]

>>29906347
Bought a BTC mining farm for 100 mill USD, because Buttcoin is so inclusive and decentralized .
My 13 year old daughter bought a raspberry pi instead and runs a Cardano validator node.
Little sweety earns more than me and has even voting rights.