Why Is Cardano’s Blockchain Considered Superior?

If you look at a basic level, Cardano is just another blockchain. It’s a proof-of-stake and that’s about it. However, Cardano is pretty powerful because of its approach.

Speaking of it, we talk about the academic approach. With the peer-reviewed papers and all university affiliations, Cardano is a well-thought project.

Most people see Cardno in comparison to Bitcoin. Bitcoin has always been the first, most wanted blockcahin that aims to bring fast and cheap transactions. However, years later, Cardano came along and thought “we can do the same thing but with another consensus method.”

So maybe BTC will get to the stage of the faster and cheaper transaction and even become more environmentally friendly but Cardano has its strengths. That said, combined with the fact that its team is constantly spreading the word out there and is working to bring a superior product, it will make all the difference.

Also, Bitcoin is advertised as a payment system and a means of exchange but many people that tried to use it for that saw miserable failure. Then, most of the users stop taking it or find other ways to take cash. The reality is that Cardano’s competitors are living in a speculative system and though they claim at some point in the future these systems will change the world, they will do so within their own domain and Cardano’s blockchain being innovative could be the first to actually change things first.

Cardano’s position on the market has been earned by popular opinion as people are taking their bets. They are also looking at the science behind it as well as the team that is constantly making signs of progress and follows its philosophy on how they are doing business. Hoskinson even thinks that Cardano will become better than Ethereum and Bitcoin in every aspect, based on how the roadmap is rolling out.

Cardano has a lot of contenders on the market as well. Ripple, for example, has a strong philosophy of when and how these things are structured which is why most people diversify their portfolios. A lot of people choose to make a strategic bet but Cardano is in it for the long run and as the team stated, they want to see the project thrive 50 years from now. The vision that the team has is what is pushing the platform ahead of everyone in the developing world.