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Cardano does have significant benefits though. For example native tokens rather than wrapping things in smart contracts saves a lot of space, computation, and e
by exdsq 5y ago
Cardano does have significant benefits though. For example native tokens rather than wrapping things in smart contracts saves a lot of space, computation, and expense.
- tata71 5y agoCardano can have xyz benefit — are they too late to get traction? It looks to me like first mover advantage, and community support, are carrying Ethereum off into the sunset.
- exdsq 5y agoMaybe! I do trust in Cardanos robustness so there could be a move towards them if something goes wrong in an Ethereum fork, or if the fees don’t come down. However I think Ethereum may be the JavaScript of blockchain - imperfect, but the winner nonetheless.
- marcoslozada 5y agoYes, Cardano audits are really late
- exdsq 5y agoWhat do you mean by "Cardano audits are really late"?
- lostmsu 5y agoWhat happens, when the structure of a typical token contract changes?
- exdsq 5y agoI don't know when this would happen - it'd be a big deal, like a fork I think. The point is on Ethereum we might create an ERC-20 token for NewCoin that wraps it and then all of our interactions with NewCoin is via smart contracts. On Cardano these would be native to the chain in the same way as Ether is on Ethereum (or Ada on Cardano). If you need a layer of logic over the token you'd need to introduce a smart contract but for things like transferring, getting supply, etc, it's the same as doing that for Ether on Ethereum - they're essentially primitive functions on the chain.