What’s beef Evaluate of the Historic Battle of Ethereum vs. Cardano – NewsBTC

In any sport or form of competition, we see established rivals come to life. In basketball it’s the Lakers and the Celtics, in boxing we’ve seen Furry versus Wilder, and in hip-hop we’ve often heard of Nas versus Jay-Z. Today in the world of cryptocurrency we have a melting pot filled with all sorts of herbs that brew a beef.

One that has been widely recognized but is slowly starting to fade is Ethereum and Cardano. Let’s take a look at the history of these blockchain giants.

What is Beef: The Story of Ethereum and Cardano’s Connection

These two big dogs have a lot in common and a lot of differences too – but the overall goal is to end up at the top of the blockchain.

Ethereum was created with the intention of becoming an open source global platform for custom assets and new types of economic applications. Considered one of the most ambitious blockchain projects to date, Ethereum seeks to leverage blockchain technology to decentralize products and services beyond money in a variety of use cases. To date, Ethereum has gone through a few distinct phases that highlight different aspects of its capabilities. In 2021, Ethereum established itself as the firm No. 2 in the crypto sector behind Bitcoin.

Cardano’s main use case is to allow transactions in its native cryptocurrency ADA and enable developers to build secure decentralized applications based on it. However, Cardano differs from other blockchain projects in that it emphasizes a research-driven approach to design that aims to achieve an academic rigor that it believes will drive the adoption of its technology.

Related Reading |The year of the alt season: Altcoins will dominate the market in 2021

Invisible strings & a forgotten past …

Cardano founder Charles Hoskinson began his blockchain journey in 2013. He started an online school called the Bitcoin Education Project, which is where he stumbled upon Ethereum’s very own Vitalik Buterin. It wasn’t long before he became one of the eight original co-founders of Ethereum. After some dispute over whether Ethereum should be for profit, Charles left Ethereum in 2014.

What makes this a real beef is not the fact that Charles left Ethereum, but how ADA’s marketing was aimed directly at Ethereum. Called the “Ethereum Killer”, ADA has long made a name for itself as the coin to watch out for. Lots of investors have been waiting for Cardano to take the litter, but Ethereum has just stayed and on the rise – despite obstacles like high gas fees.

Ethereum was blessed with an early start, and that helped solidify it in the position the blockchain is in today. The problem with ADA is the large amount of frozen contracts and staging drops; They stand in front of a wall to get over the hump so they can finally do what many have been waiting for.

ADA has many groundbreaking ideas and contracts that can improve and advance crypto. Both ADA and ETH continue to have beef, but other emerging tokens have also been questioning ADA’s position lately.

With all that said, these two coins were hot topics and coins to watch for year-round, and both of them hit all-time highs. Next year and the years to come will be exciting as we find out who will go and who will stay. What is beef !?

Related Reading |The year of the alt season: Altcoins will dominate the market in 2021


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