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Weren't Ethereum and Cardano supposed to solve some of those problems?
by clcuc 6y ago
Weren't Ethereum and Cardano supposed to solve some of those problems?
- SulfurHexaFluri 6y agoI have never heard of Cardano and Ethereum seemed to market itself as a way to run the internet and government inside of blockchain while the reality was it was never used for anything but speculative investment. Cryptos have basically burned the idea and the general public will probably not care of any future solution since all of the previous ones were scams or not very useful. These cryptos all promise the world and deliver nothing.
- martiantourist 6y agoOf course not! Bitcoin paved the way for these other crypto currencies. Bitcoin has huge scaling problems. An exorbitant amount of energy use, high transaction fees, slow transactions and etc. Other coins are fixing these problems and becoming ideal for day to day use.
- Zamicol 6y agoEthereum is producing insane value. For example, Uniswap is a decentralized exchange living on top of Ethereum that frequently has volume higher than Coinbase. A couple years ago that was the "end vision". Now it's an everyday reality. Loans, mutual fund like assets, lending etc. The ecosystem is booming. Ethereum is absolutely fulfilling it's mission. https://defipulse.com https://defipulse.com
- sellyme 6y agoIf everyone else is getting the same dozen daily scam emails related to Ethereum that I am, I'd have to assume that it has irreparably harmed the currency's reputation.