#CardanoDebate ๐ Summary of the Cardano Debate:
1. Scientific Approach vs Execution Speed
Cardano uses academic research, but its development is considered slow compared to competitors.
2. Proof of Stake (PoS)
Cardano employs an efficient PoS, but its scalability is still debated.
3. Delayed Smart Contracts
Smart contract features only emerged in 2021, causing dApps & DeFi to lag behind Ethereum.
4. Slow Ecosystem Growth
Strong community, but adoption by developers and users is still low.
5. Role of Charles Hoskinson
The founder of Cardano is praised as a visionary, but also criticized for being too dominant.
6. Governance & Regulation
The on-chain governance model is considered democratic but complex.
---
Conclusion:
Cardano is suitable for those who believe in a long-term & stable approach. However, it still lags in terms of adoption and rapid innovation.