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4 years ago in LeoFinance by bitcoinflood (79)
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ADA looks promising as a platform that can take on Ethereum. I don't believe it will overtake it and there's not reason for more than one chain not to exist. Look forward to what they build on it.
I just wrote about Cardano as well. I must say the hype is so real and the price is expected to go up until we see the hard fork. I am pretty confident that they will come up with a better technology. Let's see what they do with it. The next few years will be crucial for Cardano because we all have waited this long for smart contracts to get released.
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Yep it does bring it into age but still no apps to run it it's going to be some time. I suspect to see the price dive here in the next 72 hours unless there are some app launches that are planned to keep the hype up.
That's true. 100%. They need tons of apps to get going!!! I am excited to see their DeFi ecosystem expanding. ADA staking is already quite profitable considering the price spike. DeFi would make it possible to get higher yields on ADA.
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Now is not the Best time to invest ADA coin because it will still go for correction before it will form support and continue up trend.
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Cardano sure has stability. They take a slow & steady development. Hoping so many good things when Goguen stage starts :)
!PIZZA
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Not a single word about the issues?
Cardano uses a UTxO Model, which means it will have significant problems when it comes to scaling. Forget about DeFi on ADA, its a pipe dream.
Sure, there are potential workarounds (making it a loooot more centralized) and the issue has been laughed off at AMAs. But now, with the net going live we already see the issue was not patched out or addressed at all.
Good luck with that and be really careful when it comes to Charles Hoskinson. Do you know how and why he got kicked out from the Ethereum team and what they have to say about him?
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