$ADA Cardano (ADA) is causing widespread controversy within the cryptocurrency community. Here are the key points from both sides:
🔷 Arguments of Cardano Supporters
Scientific Approach: Cardano relies on peer-reviewed scientific research and formal verification of code, making it attractive to long-term investors.
Energy Efficiency: It uses a Proof of Stake (PoS) mechanism that is more energy-efficient compared to the Proof of Work (PoW) mechanism.
Multi-layered Design: It separates transaction and smart contract layers, improving security and scalability.
Focus on Developing Countries: Real-world projects, especially in Africa, to support digital identity and banking services.
🔶 Criticisms of Cardano
Delay in Execution: Many promises have not yet been fulfilled, and updates are implemented slowly compared to other projects.
Lack of Decentralized Applications (DApps): Despite years of development, Cardano still lacks an active ecosystem compared to Ethereum or Solana.
Centralized Leadership: Some criticize the project’s heavy reliance on its founder, Charles Hoskinson.
Weak Trading Momentum: Despite strong technology, ADA has not achieved the same fame or widespread commercial adoption.
Do you see Cardano as the project of the future, or just a "nice academic project"?
Share your opinion in #Cardano_Debate.