ADA

Cardano

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ADA is a token on a distributed computing platform that runs smart contracts, decentralized applications, side chains, multi-party computation, and metadata.
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Comments

5 of 8 user opinions

EW
Cryptocurrency Lead at Cinnober Source
I am not convinced by Cardano's base-layer security. AFAIK, it's non-slashing PoS (slashing appears to be not decided on yet but unlikely?). I'd be very curious to learn how this doesn't introduce an array of trust assumptions and attack vectors.
BF
CEO of Chainstone labs Source
Cardano's rise is encouraging. In a sea of ICOs the market recognized & financially aligned with a project led by a very credentialed team w strong computer science & cryptography backgrounds who worked for years.
VB
Creator of Ethereum Source
I'm trying to understand how Praos accomplishes semi-synchronous consensus....However, even in this case, you're getting semi-synchronous chain growth, not semi-synchronous safety, as if there is a situation where a node accepts a block as finalized, and then network latency suddenly increases sharply (eg. it keeps rising exponentially), then an attacker chain could outgrow it. So it's not quite the same thing that you can get with traditional BFT-inspired algorithms...
EG
Associate Professor of Computer Science at Cornell Source
Cardano is a particular consensus protocol, built around a PoS sybil control mechanism. It is not well-understood enough for people to trust it yet.
PB
Independent Consultant Source
Cardano and Marmotcoin currently processing roughly the same number of on-chain txs.
JO
Trader at Techemy Capital Ltd Source
adding $ADA is hilarious

that blockchain is more centralized then $XRP and just about as centralized as $IOTA
JP
Group Product Manager at Adobe and Creator of Dogecoin Source
The entire Cardano network is currently centrally controlled by @InputOutputHK and processes a whopping ~50 transactions *per hour*. This thing definitely deserves a $3.5B market cap and @coinbase listing, right? .... right?
CL
Creator of Litecoin Source
How did it become a $10B coin when it's only 3 months old and the only major exchanges trading it is Bittrex and Binance and without even any fiat trading pairs?

Either the market is crazy or Cardano will end world hunger.

Most helpful opinions

CL

CL Charlie Lee Creator of Litecoin
How did it become a $10B coin when it's only 3 months old and the only major exchanges trading it is Bittrex and Binance and without even any fiat trading pairs? Either the market is crazy or Cardano will end world hunger.
JP

JP Jackson Palmer Group Product Manager at Adobe and Creator of Dogecoin
The entire Cardano network is currently centrally controlled by @InputOutputHK and processes a whopping ~50 transactions *per hour*. This thing definitely deserves a $3.5B market cap and @coinbase listing, right? .... right?
JO

JO Josh Olszewicz Trader at Techemy Capital Ltd
adding $ADA is hilarious that blockchain is more centralized then $XRP and just about as centralized as $IOTA
PB

PB Preston Byrne Independent Consultant
Cardano and Marmotcoin currently processing roughly the same number of on-chain txs.
EG

EG Emin Gun Sirer Associate Professor of Computer Science at Cornell
Cardano is a particular consensus protocol, built around a PoS sybil control mechanism. It is not well-understood enough for people to trust it yet.
VB

VB Vitalik Buterin Creator of Ethereum
I'm trying to understand how Praos accomplishes semi-synchronous consensus....However, even in this case, you're getting semi-synchronous chain growth, not semi-synchronous safety, as if there is a situation where a node accepts a block as finalized, and then network latency suddenly increases sharply (eg. it keeps rising exponentially), then an attacker chain could outgrow it. So it's not quite the same thing that you can get with traditional BFT-inspired algorithms...
BF

BF Bruce Fenton CEO of Chainstone labs
Cardano's rise is encouraging. In a sea of ICOs the market recognized & financially aligned with a project led by a very credentialed team w strong computer science & cryptography backgrounds who worked for years.
EW

EW Eric Wall Cryptocurrency Lead at Cinnober
I am not convinced by Cardano's base-layer security. AFAIK, it's non-slashing PoS (slashing appears to be not decided on yet but unlikely?). I'd be very curious to learn how this doesn't introduce an array of trust assumptions and attack vectors.