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As opposed to Bitcoin, Ethereum and its ilk, whose problems have all (or even mostly) been figured out by the laymen people? Their PR consists of actively discl
by martin1975 9y ago
As opposed to Bitcoin, Ethereum and its ilk, whose problems have all (or even mostly) been figured out by the laymen people? Their PR consists of actively disclosing all their efforst in peer reviewed journals, demonstrating accountability and transparency and talking about their vision. They've already formally proved Ouroboros works, which is the core of their product. Proving means the math works exactly as intended. The proofs are available and published. If anyone with enough know how can disprove them, they are more than welcome to. No such rigor exists for ANY of the 1000 currencies.
Plus Charles seems down to earth and believes in working one's ass off, organic growth and hey, this is gonna be a favorite for all HN readers - FP!
I already bought some ADA...and will hold it. Never held Bitcoin nor Ethereum for any appreciable amount of time and I do not think they scale or can achieve massive, stellar success and assimilation into economies with their current architecture. Cardano is like Bitcoin 3.0.
Watch https://youtu.be/-zftnG6BYu4 https://youtu.be/-zftnG6BYu4
What he says, particularly around the process of peer reviewed papers they're submitting to crypto conferences, makes perfect sense. No one has been able to bring this kind of rigor to cryptocurrency to date.
My only hope is they stay nimble, agile, responsive to the community's concerns and questions...... and deliver something iteratively instead of shooting for the stars. Their base is solid, they just need to build upon it now.