mollyfamwatWith the cryptocurrency craze of the past few months, it’s no surprise that many people are looking to invest in the next big coins. While there are a number of factors to consider when choosing a potential investment, such as technology and business goals, there’s one way to compare all the coins out there: the price. But the problem is that there are so many coins, it can be difficult to know which ones are worth your time. This is why we have created a list of the best cryptocurrencies to invest in for 2018.
It’s no secret that blockchain technology is rapidly growing in popularity. In 2012, the introduction of Bitcoin introduced the world to blockchain technology. Since then, the technology has gained widespread popularity. It’s not hard to see why. Blockchain technology has a number of benefits that make it an attractive option for businesses and individuals alike. Blog Post: In this post, we’ll be comparing Ethereum (ETH) and Cardano (ADA). These two are both blockchain platforms that are set to revolutionize the way we use technology. You’ll learn about their individual strengths and weaknesses, and how each might benefit you differently. Blog Post: Cardano is the first peer-reviewed blockchain platform to evolve out of a scientific
The true value of a cryptocurrency coin can only be determined when it’s standing on its own – in other words, when it’s unsupported by the technology of its parent blockchain. This is the case for Ethereum (ETH) and Cardano (ADA), two altcoins that have become widely regarded as two of the most promising blockchain projects in existence today.
While the battle for dapps on the blockchain continues to heat up, the clash between Ethereum (ETH) and Cardano (ADA) has sparked a lot of controversy. Both platforms were created to support the expansion of Dapps by simplifying the programming process. Ethereum in particular is a pioneer in this field, as it was the world’s first successful public programmable blockchain. Recently, the gen-two blockchain has had scalability issues. These concerns have spurred interest in alternatives in the marketplace. This is the reason why many developers have started switching from Ethereum to Cardano to avoid congestion and high costs.
What is Ethereum?
Ethereum is a public and distributed blockchain. However, the term is often used to refer to Ether, a project token. Ethereum has played a key role in the overall development of the crypto-currency market in many ways. Besides bringing smart contract capabilities to market, it is also the leading network for ICOs, DeFi and token issuances in the world. Ether is currently the second most popular cryptocurrency according to CoinMarketCap.com. 
Ethereum – CoinMarketCap
Cardano (ADA)
Cardano is a third generation public blockchain and dapp development infrastructure. The network was created to address some of the limitations and shortcomings of Ethereum. Cardano is unique in that it has built in a number of scientific methods to ensure the security and efficiency of the blockchain. As such, the network maintains close links with the university sector. Cardano’s utility token, ADA, is currently one of the leading crypto-currencies in the world.
Ethereum (ETH) vs Cardano (ADA) – Scalability
In terms of scalability, Ethereum lags behind Cardano. In its current state, the Ethereum blockchain can handle about 15 transactions per second (tps). However, the network is currently undergoing a major upgrade that will significantly improve these capabilities. With the Ethreum 2.0 update, 100,000 transactions per second are available to users, according to company documents. By comparison : Cardano can process approximately 257 transactions per second. While this speed is much faster than Ethereum, it still falls short of large payment processors like VISA, which support speeds of +30,000 tps. The Cardano development team recently published a paper describing the following network scaling solution. Hydra is a scalable Tier 2 solution that allows Cardona to process over a million transactions per second.
Ethereum (ETH) vs Cardano (ADA) Consensus
Ethereum relies on the early consensus Proof-of-Work (PoW) protocol to confirm the state of the network. The Ethash algorithm is built into the protocol. When it was launched, it made headlines for offering greater scalability than bitcoin and reducing the use of ASIC (Application Specific Integrated Circuit) mining units. Ethereum will transition from the PoW to the Proof-of-Stake (PoS) network in the coming months. This migration will improve Ethereum’s scalability and reduce its carbon footprint. It will also allow users to bet in ETH and win rewards.
Cardano to Ouroboros
Cardano introduces a new consensus mechanism called Ouroboros. Ouroboros is a blockchain-based PoS protocol that enables lightning-fast transactions. To accomplish this task, the system relies on randomly selected leaders to release the blocks. The network selects these nodes at the beginning of each epoch. 
Cardano – CoinMarketCap Epochs function as a snapshot of the blockchain at an earlier date. By using epochs, nodes do not need to look at the entire transaction chain to determine the state of the network. The key to this strategy is to ensure that the epoch starts from a sufficiently deep block in the transaction chain.
Ethereum (ETH) vs Cardano (ADA) – Mining
As a PoW network, Ethreum relies on miners to validate and add transaction blocks to the blockchain. Ethereum miners will receive a reward of 2 ETH for their participation in the validation of transaction blocks. These rewards are halved over time, similar to bitcoin. Moreover, the complexity of network operations increases as the network becomes more saturated. As a PoS, Cardano does not rely on miners to secure the network. PoS networks allow ordinary users to check the status of the blockchain by placing their tokens in the network wallets. Thus, PoS networks provide a more democratic system than decentralized networks.
Programmability
Ethereum remains the best platform for dapp development for many reasons. One of these reasons is the flexibility in terms of programmability. Ethereum can support smart contracts written in multiple languages. By allowing developers to use multiple programming languages, the network ensures greater participation from the developer community. Interestingly, Ethereum smart contracts can be programmed using C++, Java, JavaScript, Python, Ruby, etc. 
Vitalik Buterin – Co-founder of Ethereum – Ethereum (ETH) vs Cardano (ADA) Cardano will enhance the Ethereum development process by creating a fully functional programming environment based on Haskell, the leading functional programming language on the market. Developers can program directly in the Plutus Playground interface. This feature provides a lightweight web-based environment for the development of ADA smart contracts. Note that both Cardano’s off-chain and on-chain code are written in Haskell.
Ethereum (ETH) vs Cardano (ADA) – ICOs
Ethereum came to market at a different time. In 2013, the concept of ICO was still in its infancy. The company received $18 million from thousands of international participants. Ethereum raised $150 million in its ICO DAO (decentralized autonomous organization). At the time, it was the largest ICO to date. By comparison, Cardano’s ICO raised $62 million in 2017, at the height of the initial cryptocurrency craze. The network immediately attracted attention because it was developed by Ethereum co-founders and academic experts. Cardano was officially launched on the 29th. September 2017.
Ether (ETH)
Ether is the main token of the Ethereum network. The token has several functions in the ecosystem. In particular, Ether’s main role is to compensate miners for performing EVM calculations. The more complex the equation, the higher the cost. Moreover, Ether can act as a crypto currency. The coin has a circulating stock of ETH 115,951,040.94. Since this currency is essential to Ethereum’s functionality and smart contract capabilities, there is currently no limit to the amount of ETH that can be issued.
ADA Token
ADA is a Cardano utility token. It is interesting to note that the ADA token is named after the 19th century mathematician Ada Lovelace. Lovelace was the world’s first computer programmer. Unlike Ethereum, Cardano has limited its ADA launch to 45 coins. There are currently 31.95 billion in circulation. ADA. 
Co-founder of Cardano – Charles Hoskinson
Ethereum (ETH) vs Cardano (ADA) –Founders
Ethereum was founded by Vitalik Buterin. Buterin revolutionized the crypto-currency industry when he published a white paper on the project in 2013. In the paper, he explains how the EVM (Ethereum Virtual Machine) will work and provide programmability to the industry. He thought his new crypto-currency would be a game-changer because it would enable programming and smart contracts. For comparison: Cardona started after the cryptocurrency market was in full swing. Remarkably, Cardano was launched during one of the most memorable bull markets in September 2017. Interestingly, the founders of Cardano, Jeremy Wood and Charles Hoskinson, were veterans of the Ethereum project. Both left the network after disagreements about the overall direction of the project. In addition, the developers wanted to avoid some of the problems that Ethereum developers have encountered due to congestion and overall network structure. To accomplish this task, the two men helped develop a number of innovations in the language and design of VMs. It is these changes that explain the popularity of ADA in today’s development community.
Development teams
The development of Ethereum is coordinated and carried out by a group of programmers. In particular, the Ethereum developer community includes the Ethereum Foundation, Hyperledger, Nethermind, OpenEthereum and EthereumJS. Together, this team has managed to create the largest and most robust Dapps ecosystem in the world. Cardano also relies on the development team to maintain stability and make improvements to the network. Cardano uses a decentralized team of developers who work in tandem on projects. To ensure compatibility of all new developments, the groups agreed to use established standards.
Non-profit organisations
The Ethereum Foundation is a non-profit organization dedicated to supporting the Ethereum protocol. The group encourages interest and expansion of the platform. It should be noted that the Ethereum Foundation does not provide direct financial support to projects. The Cardano Foundation plays a very similar role in the relevant ecosystem. The purpose of the foundation is to maintain and protect the technology on which the platform is based. As such, the group is responsible for important tasks such as promoting standardization in the industry to improve interoperability.
Ethereum vs Cardano – which is the better investment?
Now that you have a better understanding of the differences between Ethereum (ETH) and Cardano (ADA), you’re ready to begin your crypto adventure. Both projects have a thriving community of developers and are considered market-leading projects. Of course, Ethereum currently dominates this sector. However, Cardano offers a combination of features and lower costs, which is why it recently took market share from Ethereum. Both projects have long-term potential. Ethereum will continue to be a dominant force in the future, especially after the completion of the Ethereum 2.0 update. Moreover, Cardano expects rapid growth as more Ethereum developers broaden their horizons to other blockchains to avoid high costs and congestion issues. It is therefore wise to keep these two projects in your portfolio for the future.The crypto community is constantly debating whether Ethereum or Cardano is better. Some will argue that Cardano has clear advantages, while others will claim that Ethereum has a brighter future. The good news for investors is that both coins are worth holding, despite the fact that they may soon fall out of the top 10. Some of the most common reasons for choosing Ethereum over Cardano include the following: 1. Cardano is less established, which means there is more uncertainty about its long-term prospects. 2. Cardano is a platform that allows users to create decentralized applications. Ethereum, on the other hand, is a cryptocurrency. 3. Cardano is still relatively new. Some of the most common reasons. Read more about ethereum vs cardano vs polkadot and let us know what you think.
Frequently Asked Questions
Can ada beat ETH?
This is not the first time the question has been asked. The first time was (a year ago) when the crypto community had just woken up to the fact that Ethereum was not only one of the best-performing cryptocurrencies (in terms of price) but also had the most advanced blockchain, based on the smart contracts technology. And now, (6 months later) the question is being asked again. In the years since Ethereum was launched, its competitors have been growing at an impressive rate, and now the cardano ada is worth noting that it has grown in value by more than 5,000% in the past year alone. Unlike bitcoin, Ethereum can be used for more than just sending and receiving payments. It has smart contract functionality, with applications of the kind that have made Ethereum a darling of Silicon Valley. But with all the hype surrounding Ethereum, many people are unaware that it has a younger, smarter, and more versatile competitor: cardano ada.
Will Cardano kill ethereum?
Cardano is a relatively new cryptocurrency, and it promises to be a worthy opponent to Ethereum. It is basically a clone of Ethereum, complete with smart contracts, and it allows developers to build decentralized applications on top of it. Cardano is also a proof-of-stake cryptocurrency, which means that it doesn’t require expensive hardware to mine new coins. Cardano’s market cap is also much smaller than Ethereum’s at $6.2 billion (USD). There is no doubt that the battle between cryptocurrencies is heating up. While many in the blockchain community heralded ethereum as the next bitcoin, an ethereum competitor called Cardano is now vying for cryptocurrency market dominance. While still a relatively new cryptocurrency, Cardano is quickly making a name for itself. Here’s everything you need to know about the Cardano vs ethereum debate.
Can Cardano replace ethereum?
Cardano (ADA) is one of the most promising cryptocurrencies out there. The blockchain technology and its practical applications have attracted the attention of hundreds, if not thousands, and the crypto community, big business, and governments are looking at it with interest. The team behind Cardano, an open-source project built by leading scientists and academics around the world, has put in a lot of effort to bring the cryptocurrency world one step closer to the “Internet of Value”. For the last two years, the blockchain world has been dominated by the Ethereum project. Whilst other projects, including Bitcoin, have continued to improve their offerings, Ethereum has been a dominant force in the cryptocurrency world. However, after a successful ICO in 2015, Cardano has entered the game and is now making its own mark on the crypto world. Cardano is an open-source blockchain and cryptocurrency project that is looking to solve the problems of its predecessors.
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