How does the promised transition of Ethereum to proof of stake affect the comparative ranking with Cardano? (I have some crypto, but am noob regarding the technical matters.)
If it happens before cardano’s smart contracts come online, my prediction is that cardano will only come back if it wins the scaling race (hydra vs eth sharding).
The thing is, it looks like eth pos wont come for a while. That, I think, is the crux. If we can develop more certainty about that claim, we’ll know how to bet.
This assumes that Cardano and Ethereum are the only contenders. At the moment Polkadot already has both developed smart contracts and a lot more scaleability. Polkadot manages to do 3000 TPS which is 200X of Ethereum or 10X of Cardano.
In addition parachains for more scalling are in the process of being rolled out on Kursuma (Pokadot’s second test with 3 billion$ market cap) for even more scalling.
Important features such as a bridge to Ethereum are already worked on for Polkadot and might come online this year, so there’s some way to access Ethereum services when you need them for your application.
How does the promised transition of Ethereum to proof of stake affect the comparative ranking with Cardano? (I have some crypto, but am noob regarding the technical matters.)
If it happens before cardano’s smart contracts come online, my prediction is that cardano will only come back if it wins the scaling race (hydra vs eth sharding).
The thing is, it looks like eth pos wont come for a while. That, I think, is the crux. If we can develop more certainty about that claim, we’ll know how to bet.
This assumes that Cardano and Ethereum are the only contenders. At the moment Polkadot already has both developed smart contracts and a lot more scaleability. Polkadot manages to do 3000 TPS which is 200X of Ethereum or 10X of Cardano.
In addition parachains for more scalling are in the process of being rolled out on Kursuma (Pokadot’s second test with 3 billion$ market cap) for even more scalling.
Important features such as a bridge to Ethereum are already worked on for Polkadot and might come online this year, so there’s some way to access Ethereum services when you need them for your application.