August 9, 2021
Cardano vs. Polkadot
home » posts » Articles » Altcoins Articles » Cardano versus Polkadot
Altcoins Articles Articles

Cardano versus Polkadot

Cardano and Polkadot are the major competitors of Ethereum. Many people hold their native tokens in their portfolio in order to gain profit, but they all have core differences. In this article we are going to take a deeper look at Cardano versus Polkadot.

Cardano vs. Polkadot comparison

Both founders of Cardano and Polkadot were among those, who once used to work together in Ethereum project, but stopped cooperating due to some discrepancies. Haskinson, Cardano’s co-founder, who was a mathematician, resigned in 2014 just few months before the Ethereum blockchain launched. The reason was that he had offered a specific financial plan and Buterin did not accept it. On the other hand, Dr. Gavin Wood, a computer professor, who wrote the Solidity program, accompanied Ethereum until 2016, but he left the team due to his fail in creating a PoS based network.

Gavin Wood is now an official member of Polkadot’s three-man leadership team and has introduced himself as the founder of Web3, but Haskinson has no official position at Cardano. After separation, these two experts began to develop their own networks, which is a reflection of their personality. For example, any program that is going to run on Polkadot will first get launched on Kusama and then enters the implementation phase.

That’s why the word R&D in Polkadot whitepaper is interpreted as a kind of risk. In contrast, in Cardano, each program would be checked several times even before it is tested. On the other hand, people own %80 of Cardano’s coins, While, this is only %50 for Polkadot.

Absolutely, this is the matter of time, but what do you think? Which project would win the game in the future? Is it basically true to compare these two protocols?

Related Posts

2 strategies every trader should know

Wallebi Author

Keep Your Eyes On Wanchain Project

Wallebi Author

Bitcoin ATMs Require Complex Procedure

Wallebi Author

Leave a Comment