(1) @ADAFrog_Pool has a point BUT game changer is governance for projects.
On #Cardano every DeFi project can become truly decentralized via voters voting. On #ETH it is also possible but harder because those projects have to implement this on their own.
(2) I give you an example, imagine you don't like @StaniKulechov of #Aave and @DCdoso of @liqwidfinance are the right people for the job. You could vote on chain and replace them... That's the idea in principle.
(1) How many DAPPs do we need for DeFi, ca 3 DeFi dapps.
1. some awesome DEX, e.g. @CardaxDEX 2. "compound", e.g. @liqwidfinance 3. stable coin, e.g. SigmaUSD
(2) Instead of army of devs for DeFi, what we need but many don't want you to know:
a.) algo stable coin that actually works, this requires combination of a good economics with game theory and engineering, e.g. SigmaUSD
b.) DID (on chain identity) (Atala Prism)
(3)
c.) formally verifiable smart contracts so that those 3 dapps are bug free
d.) low fees so that even less wealthy can use it
e.) PREDICTABLE cost of transactions
f.) not charging for transactions that don't settle
g.) many many users to generate transactions
(1) @InputOutputHK is trustworthy without massive VC backing and pressures, they had a chance to pull out massive amount and sell all ADA when price of ADA rose from 0,10 USD to 1,33 USD. in 2017.They were sitting on billions after 'tiny' amount of work of 2 years (2015 -> 2017).
(2) Cardano is aiming to onboard whole governments and there are signs that it could succeed
(2) Q: Why other blockchains are more complete with smart contracts and dapps and they have less market cap?
A: Cardano has many users, they park their capital there and invest despite lack of smart contracts. Many other projects are complete but they lack users.
(3) Never forget it is not about projects it is about users. Ethereum has / had both users and projects. People thought that users came because of projects but it is a common human fallacy: correlation is not causation.
(2) e. Is it about deflationary asset vs inflationary asset, what is the level of inflation?
f. Is it utility token or is it store of value alike token?
g. Is BTC the only store of value token or some other ones as well?
(3) 8. What is more important, how many projects launched on it or how many users it has.
h. Is network value growing or shrinking
i. Are new addresses in the network created automatically or there are new users behind?
j. For SM platforms are new dapps launching there or not?
(1) From today, for a special promotion Cardano Fans (CRFA) staking pool will be reducing a fee from 1% to 0% until we reach at least 5 mln total staked ADA (currently 3,1 mln).
Why delegate to us? We try to support Cardano as much as we can (regular analysis, projects).
(2) We established a partnership with @nierop_pieter to bring Cardano Business Intelligence. To get us fast off the ground we will use Google Spreadsheets and Google Data Studio with multiple dimensions and API integrations
(3) Many people in crypto focus on price and Warren Buffer says: "the price is the least interesting in an asset". This is the whole idea of Cardano Business Intelligence, we analyze inflows and outflows and analyze on chain data as a business - collectively. Price just distracts
(1) Recent new attacks that compare #Cardano to new #EOS or #Tezos are insane.
For some bizarre reason many people think that lack of massive success of some of these chains have something to do with the fact that, e.g. EOS has dPOS and Tezos has smart contracts(not in Solidity)
(2) IMHO lack of massive success of EOS or Tezos has nothing to do with those things! These are technical solutions but actual failures in my view were in totally different places - away from technology!
(3) EOS had only 11 validators (centralized), very hard to use wallet that required some other person to send tokens and smart contracts that you would need to write in C++, later on came Solidity support. There was also no vision, no mission and no governance component.