Thread by @blocksplained

Why Cardano is better than Ethereum with STATISTICS!

A Thread:

1. Cardano is built on a foundation of peer-reviewed research and academic rigor, ensuring that the underlying technology is well-designed and reliable. With 169 papers being published, Cardano is the biggest contributor to Blockhain Research.

2. Cardano uses a proof-of-stake consensus algorithm, which is more efficient and scalable than the proof-of-work algorithm previously used by Ethereum. Ethereum's POS development is far off being complete and years behind Cardano.

2.1 In #Cardano you can stake your $ADA no matter how much you have!

However in Ethereum
You can only participate in Validation if you have a minimum of 32 $ETH,
or you have to depend upon centralized/permissioned staking providers like Lido, Coinbase, or Kraken to earn a yield

2.2 Secondly, you can unstake your $ADA at any time.

Your ETH is locked for however long it takes the devs to do the Shanghai-update. We have no real timeframe for this!

No set date, the devs can really just do what they want.

3. Staking Ratio

#Cardano has a staking ratio of 71%

Whereas #Ethereum has a staking ratio of 13%

4. Number of wallets involved in staking

#Cardano : 1,245,326
#Etherium: 91,700

#Cardano has 14x more participation than #Ethereum

5. Most Cardano wallets are staking on L1 compared to etheriuEthereumm where the vast majority is staked on 3rd party applications

59.6% of staked ETH controlled by 5 entities

This is a really threatening attack vector stat

6. Cardano is backed by a strong and supportive community of developers and users, who are committed to driving the long-term success and adoption of the platform.

Github Commits
Cardano : 304 per day average
Etherium :125 per day average

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