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3 reasons why Cardano could prevail against Ethereum, Solana and Co. in the long term

 


Cardano's ADA token has made strong gains again in the past few days. In the short term, the cryptocurrency has come back onto the radar of many investors. Clever observers have known for a long time that the potential of the network is still enormous. We give 3 reasons why Cardano should prevail against Ethereum, Solana and other decentralized platforms in the long term.


Cardano Pros – 1. Massive increase in scalability

Cardano has the potential to far surpass the scalability of Ethereum and other decentralized networks in the future. With its proof-of-work consensus mechanism, Ethereum is still struggling to improve scalability. The switch to proof-of-stake as part of Ethereum 2.0 is intended to change that. 


However, Cardano could reach a whole new level in its development. It is currently working on the second layer solution Hydra, an extension to the protocol that could dramatically increase speeds. In this way, more than 100,000 transactions per second could soon be processed. Solana (10,000 per second) could soon no longer keep up here.


2. Clear, ready-made development plan

Cardano has been following a clear development plan for years, which is divided into several stages. The development team does not allow itself to be influenced by short-term trends, but pursues its clear vision in the long term and sustainably. This allowed Cardano to evolve into a secure, fast, and interoperable blockchain . 


You can see the stages of development here . The clear plan during development ensures that Cardano can ensure optimal functionality at all times. Cardano users always have a clear idea about the functions and limitations of the blockchain. This creates maximum trust in the network.


Cardano advantages - 3. Optimal implementation through evidence-based development 

The Cardano Foundation works with scientists with evidence-based working methods on the development of the blockchain. This ensures that the blockchain represents the best possible state of the art at all times. This approach is also the most likely way to develop the most technically mature blockchain ever .



Cardano aims to become the leading global crypto ecosystem. It wants to ensure scalability, security, interoperability and sustainability. In addition, the network is working on a governance system in the last step, which ultimately makes the token holder the decisive control authority in the ecosystem. All of this can best be achieved with the scientific approach.

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