Why choose Cardano when Ethereum is the first mover in the layer 1 space with all the network effect? Both layer one blockchains offer a lot to the blockchain technology space overall. In this video, we’ll pay respect to both projects and look at so…
Why choose Cardano when Ethereum is the first mover in the layer 1 space with all the network effect? Both layer one blockchains offer a lot to the blockchain technology space overall. In this video, we’ll pay respect to both projects and look at some top reasons why Cardano has the upper hand when it comes to solving the blockchain trilemma: achieving security, scalability, and decentralization. We’ll touch on Ethereum founder Vitalik Buterin, Cardano Founder Charles Hoskinson and which project uses scientific peer review in their process. We’ll also consider ERC20 Tokens and Cardano Native Tokens as well as what’s coming up in this next bull cycle for crypto enthusiasts and investors.
............
Become a Cryptofluency OG Member: https://www.cryptofluency.io/sp/og-membership/
............
DISCLAIMER: Cryptocurrencies are an entirely new asset class. With that comes higher risk and volatility measures off the Richter scale compared to traditional financial markets (TradFi).
These seismic risks also provide the potential for rewards of tremendous magnitude.
Exposure to this can, at times, feel gut-wrenching, nauseating, and shocking. Decentralized crypto markets (DeFi) are a new frontier - kind of like the Wild West - a glorious time of challenge, adventure, and discovery. Survival requires respect, caution, and due diligence.
Buckle up and enjoy the ride.
***
The opinions shared on this site and via the @Cryptofluency YouTube channel are those solely of cryptofluency LLC, Derek and contributors. Note that the content within should not be considered financial, legal, or tax advice.
None of this content should be used to make any form of financial, tax, or legal decisions. Do your own research and consult professionals as needed for official policies, restrictions, and requirements in your jurisdiction.
The information presented is provided solely for general education and information purposes and therefore should not be considered complete, precise, ..
