it sn't a commodity like Bitcoin and Bitcoin Cash, it's a centralized security with a known creator
Wrong look into CIP 1694 for Cardano. Also if anything is a security, it is Ethereum.
Cardano: NerdOut - Voltaire Governance | Andrew Westberg https://www.youtube.com/watch?v=KhxPlWh8gFg
Learn about the upcoming CIP-1694 and how voting and governance might work in the Voltaire era!
CIP-1694 Workshop Edinburgh - Recap https://www.youtube.com/watch?v=QFYBocWzaFg
A Proof of Stake (piece of shit when it comes to currency utilization,
Cardano's proof of stake is liquid so you can stake and unstake at will. Also it is non custodial no matter what stake pool you stake to with a minimum stake of 1 Ada.
The proof of stake protocol is used to secure the protocol so you are essentially voting with your tokens what stake pool you want to secure the protocol, getting paid for it if your stake pool is picked, and incurring no risk of losing Ada when staking. Proof of stake is also at least 20,000 times more energy efficient than Bitcoin in practice.
Bitcoin Cash is trash with no smart contracts and no users. I'll tip my hat to Monero, that one is actually useful.
it sn't a commodity like Bitcoin and Bitcoin Cash, it's a centralized security with a known creator
Wrong look into CIP 1694 for Cardano. Also if anything is a security, it is Ethereum.
Cardano: NerdOut - Voltaire Governance | Andrew Westberg https://www.youtube.com/watch?v=KhxPlWh8gFg
Learn about the upcoming CIP-1694 and how voting and governance might work in the Voltaire era!
A Proof of Stake (piece of shit when it comes to currency utilization,
Cardano's proof of stake is liquid so you can stake and unstake at will. Also it is non custodial no matter what stake pool you stake to with a minimum stake of 1 Ada.
The proof of stake protocol is used to secure the protocol so you are essentially voting with your tokens what stake pool you want to secure the protocol, getting paid for it if your stake pool is picked, and incurring no risk of losing Ada when staking. Proof of stake is also at least 20,000 times more energy efficient than Bitcoin in practice.
Bitcoin Cash is trash with no smart contracts and no users. I'll tip my hat to Monero, that one is actually useful.
it sn't a commodity like Bitcoin and Bitcoin Cash, it's a centralized security with a known creator
Wrong look into CIP 1694 for Cardano. Also if anything is a security, it is Ethereum.
A Proof of Stake (piece of shit when it comes to currency utilization,
Cardano's proof of stake is liquid so you can stake and unstake at will. Also it is non custodial no matter what stake pool you stake to with a minimum stake of 1 Ada.
The proof of stake protocol is used to secure the protocol so you are essentially voting with your tokens what stake pool you want to secure the protocol, getting paid for it if your stake pool is picked, and incurring no risk of losing Ada when staking. Proof of stake is also at least 20,000 times more energy efficient than Bitcoin in practice.
Bitcoin Cash is trash with no smart contracts and no users. I'll tip my hat to Monero, that one is actually useful.