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BLOCKCHAIN IS NOT BITCOIN. Cardano is decentralized. https://pooltool.io/ https://pooltool.io/ With 2,459 active stake pools operating all around the world t
by kaliali 5y ago
BLOCKCHAIN IS NOT BITCOIN.
Cardano is decentralized.
https://pooltool.io/ https://pooltool.io/
With 2,459 active stake pools operating all around the world to process Cardano transactions.
You can see the distribution of Cardano in Biggest Groups (Stake) on top left in the link below.
https://adapools.org/groups https://adapools.org/groups
It would take many many groups getting together to take over 50% of staked Ada in Cardano.
Bitcoin on the other hand is not that decentralized
Bitcoin Mining Pools 2020
https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2Fwww.buybitcoinworldwide.com%2Fwp-content%2Fuploads%2F2017%2F02%2Fpools1.png&f=1&nofb=1 https://external-content.duckduckgo.com/iu/?u=https%3A%2F%2F...
You can see that if three major mining pools joined together, they could take control of the entire Bitcoin network.
Decentralized? - Charles Hoskinson
https://youtu.be/0QtQGzqAIiU https://youtu.be/0QtQGzqAIiU
China Could Hold 60% of the Residual Bitcoin- Tough Competition for Digital Yuan
https://coinpedia.org/news/china-could-hold-60-of-the-residual-bitcoin/ https://coinpedia.org/news/china-could-hold-60-of-the-residu...
(March 6, 2021) China Declares War on Bitcoin - China Uncensored
(April 19, 2021) After a bitcoin crackdown, China now calls it an ‘investment alternative’ in a significant shift in tone - CNBC
https://www.cnbc.com/2021/04/19/china-calls-bitcoin-an-investment-alternative-marking-shift-in-tone.html https://www.cnbc.com/2021/04/19/china-calls-bitcoin-an-inves...
I know this is a site where everyone likes to think they are way more informed than the world population but in terms of cryptocurrency, I find the posts here woefully poor in quality and information.
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And I haven't even started on Cardano's Project Catalyst - their democratic method of funding new cryptocurrency projects/developers and adding projects on the Cardano Network. All decided and controlled by ADA holders and not necessarily IOHK/Cardano Foundation/Emurgo, the organizations who made Cardano.
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If you have a problem with my statement, then actually challenge what I have to say instead of hiding behind a downvote. Cut the bullshit propaganda and have an actual conversation about it.