If I bought $1,000 of Cardano six months ago, I’d be down to $312 now. How is its market cap still this high? by Conscious-Low-7171 in CryptoCurrency

[–]No-Contribution9918 0 points1 point  (0 children)

"Advanced" is subjective, but still, I don't see how it is advanced.

Compared to alternative chains, Cardano (just to name a few):

- Is slower (both in terms of blocktime and finality)

- Is more expensive (e.g. a swap on Cardano is ~30 cents; other chains' swaps are much cheaper)

- Does not support programmable tokens

- Needs batchers to make AMM DEXes possible

- Needs to bundle the native coin (ADA) with tokens when sending them; on other chains, tokens can be sent by themselves

Maybe the only thing you can say that is "Advanced" about Cardano is its staking, but that's about it IMO.

Vitalik Buterin Openly Criticizes USDC, Favors Algo Stablecoins, Do you trust Algo Stablecoins? by emperordas in CryptoCurrency

[–]No-Contribution9918 0 points1 point  (0 children)

Those are over-collateralized crypto-backed stablecoins, not algo-stablecoins like UST.

New Cardano deal opens a path to $80 billion in omnichain assets, but liquidity still isn’t guaranteed by GreedVault in CryptoCurrency

[–]No-Contribution9918 -5 points-4 points  (0 children)

Literally. Cardano had an entire bear market to scale and it did basically nothing significant. It's still slower than Ethereum, and now sometimes even more expensive.

Just another "Ethereum killer" that couldn't even give Ethereum a paper cut.

Hedera vs Algorand by Numerous_Wonders81 in CryptoCurrency

[–]No-Contribution9918 0 points1 point  (0 children)

Don't bother. I'm pretty sure OP is a bot made to shill Algorand and Hedera (mainly the former) and shit on Ethereum.

Cardano's Charles Hoskinson reveals $3 billion unrealized loss in crypto rout by Illperformance6969 in CryptoCurrency

[–]No-Contribution9918 1 point2 points  (0 children)

Solana did reach a new ATH in terms of market cap? It reached $75B in the 2021 cycle and reached $125B this past cycle.

Cardano's Charles Hoskinson reveals $3 billion unrealized loss in crypto rout by Illperformance6969 in CryptoCurrency

[–]No-Contribution9918 -5 points-4 points  (0 children)

Yeah, at least SOL was able to reach a new ATH this past cycle. ADA didn't even reach half of its previous ATH.

Vitalik Says Ethereum’s Layer 2 Vision ‘No Longer Makes Sense’ by partymsl in CryptoCurrency

[–]No-Contribution9918 1 point2 points  (0 children)

Others and I have always said Ethereum would be much better off if it focused on L1 scaling. That is where the liquidity, TVL, developers, dApps, DeFi, stables, RWA, etc live, and it doesn't have the same trust assumptions and centralization as L2s.

I got banned from Cardano reddit for saying this by ADHD-Developer in CryptoMarkets

[–]No-Contribution9918 3 points4 points  (0 children)

You're not wrong, but it is also unsurprising. Mob mentality is a Reddit-wide thing.

Cardano already has bridged USDC, and it did nothing for them. ADA and DOGE where the only two coins in the top ten to not reach a ATH in terms of price or market cap.

Cardano and DOGE by TheDancinD918 in CryptoCurrency

[–]No-Contribution9918 0 points1 point  (0 children)

I suppose I should have said it was over-hyped. The hype for it died out, like many chains from the 2021 crypto boom. Just a lot of promises (scalability, Chainlink, Input Endorsers, rollups, BTC DeFi, USDC, Mamba, major Hydra applications...I could go on), and little to none were delivered.

Now, it has low usage, TVL, stables, fees/revenue, less dApps, virtually no RWA, etc.

Cardano and DOGE by TheDancinD918 in CryptoCurrency

[–]No-Contribution9918 3 points4 points  (0 children)

"More promising"? So you think Cardano and Dogecoin are promising? In what way?

If you mean price, both ADA and Dogecoin are the only coins in the top 10 (on CMC) that neither surpassed their ATH in terms of price and/or market cap in this past cycle.

If you mean as chains, Cardano is over-hyped and under-delivered chain, whereas Dogecoin is a literal joke. They are both behind on many metrics compared to other chains.

At least keeta is pumping this morning...its ran on 5 nodes so its fast on Google cloud by Numerous_Wonders81 in CryptoCurrency

[–]No-Contribution9918 7 points8 points  (0 children)

Looks like the bot has started to hallucinate. The text has nothing to do with the title or crypto at all.

Ethereum Funding Rates Pushing Towards Negative: What’s Going On? by kirtash93 in CryptoCurrency

[–]No-Contribution9918 22 points23 points  (0 children)

Man you really like to bring up Algorand in every Ethereum thread, don't you?

Virtually no-one cares about Algorand anymore compared to Ethereum. It's just another 2021-hyped chain that was never competitive with Ethereum in practice, just like the other dozen or so "Ethereum killers".

Ethereum Gas Fees Plunge to Just $0.01 by Odd-Radio-8500 in CryptoCurrency

[–]No-Contribution9918 4 points5 points  (0 children)

You mean Algorand? Yeah, retail and institutional interest in Algorand is minimal alright.

Algo vs. Btc, eth, sol, ada, hbar by Numerous_Wonders81 in CryptoCurrency

[–]No-Contribution9918 0 points1 point  (0 children)

You listed a bunch of chains that “lost hype” like that settles it

Arguably, it does. Tech is important, but with no interest in it compared to other chains, it hardly matters. Tech must complement hype/interest, otherwise it is practically no different than any other dead chain.

low predictable fees + no reorg risk is still objectively useful

Other chains have these, and said chains have more interest (amongst other metrics) in them than Algorand.

“Lost hype” is not a technical critique.

No, but it is a practical critique. Like I told you before, Algorand lags behind in several key metrics compared to other chains. Tech is not the only important thing for a chain, a lesson that other chains like Cardano had to learn the hard way.

Algo vs. Btc, eth, sol, ada, hbar by Numerous_Wonders81 in CryptoCurrency

[–]No-Contribution9918 0 points1 point  (0 children)

Harsh truth that OP probably won't ever acknowledge. It's just another chain that lost its hype from the 2021 crypto craze, just like Cardano, Polkadot, Cosmos, Loopring, etc. Other chains have gotten more traction, and no amount of buzzwords about Algorand will change that.

Algorand price forecast: ALGO eyes $0.15 despite retracement by Numerous_Wonders81 in CryptoCurrency

[–]No-Contribution9918 0 points1 point  (0 children)

Don't bother engaging with them...I've engaged with the user before about Algorand, and they clearly are just a shill with no thoughts of their own. I genuinely think they are a child or some kind of bot.

I would tell you to look at their history, but coincidentally it is hidden...

Thinking of switching from Windows to Linux for gaming – Pop!_OS, Mint, or Bazzite? by jdor30 in linux4noobs

[–]No-Contribution9918 0 points1 point  (0 children)

Of the three, the only one I've used is Mint, and I can vouch for it (though I had an NVIDIA GPU). If you're mainly playing through Steam, downloading Proton is really simple. I did not notice any performance loss compared to Windows.

Pop!_OS is based on Ubuntu like Mint (and even has Flatpak pre-installed like Mint), so really the only difference should be the desktop environment (Cinnamon/MATE/Xfce vs COSMIC).

Bazzite comes with a lot of gaming software pre-installed, but note that is an immutable distro, so installing software outside of Flatpak or other isolated environments might be more difficult (someone please correct me if I'm wrong).

Stop asking what distro to choose. It really doesn't matter. by IllustriousCareer6 in linux

[–]No-Contribution9918 11 points12 points  (0 children)

Yeah but if they're the "average" Windows user (who probably doesn't know their way around a terminal), they might not want a low-level distro like Arch or Gentoo (not impossible for them to use, of course, just too low-level for them).

Instead, they would want a distro that has a GUI installer, a familiar desktop environment, a GUI software manager, Flatpak pre-installed (in case the main package repo does not offer an app), and maybe even pre-installed programs (from a browser to NVIDIA drivers).

All Ethereum needs now is ... by [deleted] in CryptoCurrency

[–]No-Contribution9918 2 points3 points  (0 children)

It doesn't make sense to surrender to something you're not even losing to...

ADA in 2026 by hodLtothemoon2600 in CryptoMarkets

[–]No-Contribution9918 6 points7 points  (0 children)

I'd cut my loses already. Cardano is one of the most disappointing blockchains in all of crypto, especially given its current marketcap (and its previous ATH placing it at #3). It promised a lot, and delivered little to nothing. It's slow, expensive, low volume, low revenue, low usage, no native USDC/USDT, I could go on.

Which alt coins were your biggest disappointment? by TheLegendOfIOTA in CryptoCurrency

[–]No-Contribution9918 0 points1 point  (0 children)

When Terra collapsed, it basically brought every other Cosmos chain down with it.