Win / GreatAwakening
GreatAwakening
Sign In
DEFAULT COMMUNITIES All General AskWin Funny Technology Animals Sports Gaming DIY Health Positive Privacy
Reason: None provided.

I would like to add Cardano to the list of alternatives

  • its EUTXO transaction model is like Bitcoin
  • but can also do smart contracts like Ethereum and expand the economy with new businesses on the blockchain
  • programmed using Haskell, a mature functional programming language that has been around since 1990. Haskell is used for software that is designed to not fail like in Aircraft and Financial institutions.
  • Most bugs and hacks you see in Crypto are not even possible in Haskell because the code will not compile with those kind of bugs.
  • it takes less resources and is easier to fully audit Haskell code because it is a functional programming language and is as close as you can get to a mathematical proof. In fact, with Haskell you can mathematically prove the code does what it says itll do. This is not really the case in imperative programming.
  • Treasury and Governance system where every 3 months, coin holders vote on new changes and funding new business proposals. Funding comes from a special treasury wallet that collects a tiny bit of every transaction fee and was also initially funded with 1/45th of all ADA
  • most decentralized crypto with over 3000 independent stake pool operators. Just need a Raspberry Pi hardware to make a stake pool (albeit difficult due to larger network size). P2P network was just released this week so no centralized server needed anymore.
  • every change in Cardano is put through a peer-review process where the worlds top cryptographers are challenged to poke holes in proposed changes. Finding holes in the changes raises cryptographers career reputation as a reseracher and Cardano modifies their proposal until there are no more holes that can be poked. Then they build it after publishing the research.
  • all code is open source for anyone to access, audit, and copy if they wish.
1 year ago
1 score
Reason: None provided.

I would like to add Cardano to the list of alternatives

  • its EUTXO transaction model is like Bitcoin
  • but can also do smart contracts like Ethereum and expand the economy with new businesses on the blockchain
  • programmed using Haskell, a mature functional programming language that has been around since 1990. Haskell is used for software that is designed to not fail like in Aircraft and Financial institutions.
  • Most bugs and hacks you see in Crypto are not even possible in Haskell because the code will not compile with those kind of bugs.
  • it takes less resources and is easier to fully audit Haskell code because it is a functional programming language and is as close as you can get to a mathematical proof. In fact, with Haskell you can mathematically prove the code does what it says itll do. This is not really the case in imperative programming.
  • Treasury and Governance system where every 3 months, coin holders vote on new changes and funding new business proposals. Funding comes from a special treasury wallet that collects a tiny bit of every transaction fee and was also initially funded with 1/45th of all ADA
  • most decentralized crypto with over 3000 independent stake pool operators. Just need a Raspberry Pi hardware to make a stake pool (albeit difficult due to larger network size). P2P network was just released this week so no centralized server needed anymore.
  • every change in Cardano is put through a peer-review process where the worlds top cryptographers are challenged to poke holes in proposed changes. Finding holes in the changes raises cryptographers career reputation as a reseracher and Cardano modifies their proposal until there are no more holes that can be poked. Then they build it after publishing the research.
  • all code is open source for anyone to access, audit, and copy if they wish.
1 year ago
1 score
Reason: Original

I would like to add Cardano to the list of alternatives

  • its EUTXO transaction model is like Bitcoin
  • but can also do smart contracts like Ethereum and expand the economy with new businesses on the blockchain
  • programmed using Haskell, a mature functional programming language that has been around since 1990. Haskell is used for software that is designed to not fail like in Aircraft and Financial institutions.
  • Most bugs and hacks you see in Crypto are not even possible in Haskell because the code will not compile with those kind of bugs.
  • it takes less resources and is easier to fully audit Haskell code because it is a functional programming language and is as close as you can get to a mathematical proof. In fact, with Haskell you can mathematically prove the code does what it says itll do. This is not really the case in imperative programming.
  • Treasury and Governance system where every 3 months, coin holders vote on new changes and funding new business proposals. Funding comes from a special treasury wallet that collects a tiny bit of every transaction fee and was also initially funded with 1/45th of all ADA
  • most decentralized crypto with over 3000 independent stake pool operators. Just beed a Raspberry Pi hardware to make a stake pool (albeit difficult due to larger network size). P2P network was just released this week so no centralized server needed anymore.
  • every change in Cardano is put through a peer-review process where the worlds top cryptographers are challenged to poke holes in proposed changes. Finding holes in the changes raises cryptographers career reputation as a reseracher and Cardano modifies their proposal until there are no more holes that can be poked. Then they build it after publishing the research.
  • all code is open source for anyone to access, audit, and copy if they wish.
1 year ago
1 score