What is better, Ethereum or Cardano cryptocurrency? In this battle of Layer-1, dive into ADA cryptocurrency and ADA price: Is it the best cryptocurrency to buy?
Ethereum has a big problem on its hands and it starts with the letter “C” and has three syllables.
‘Soccer.’ Ethereum founder Vitalik Buterin needs more.
Have you seen that boy? He was once said to eat on less than $20 a day. I need to get busy and save money.
Ethereum has a bigger problem that starts with the letter “C” and that is Cardano, one of $ETH’s main competitors.
Let’s put these two cryptocurrencies in the ring and see which one comes out on top.
Round 1 Ethereum vs. Cardano: The Founders
Ethereum was founded by five people, who were later joined by three more co-founders. That original team, however, included Cardano founder and mathematician Charles Hoskinson.
Hoskinson, 33, is an enigmatic character. In Matthew Leising’s book Out of the Ether, other Ethereum cofounders describe Charles as a pathological liar, a sociopath, and someone “not to trust your girlfriend’s company.”
According to Joe Lubin, co-founder of Ethereum and founder of Consensys and Metamask, Charles tried to convince people that he was Satoshi Nakamoto and even showed emails claiming that he invented Bitcoin. Charles was fired six months into the project.
Today we see a completely different Charles Hoskinson. He is a vibrant and charismatic character and seems respected (mostly) in the crypto community.
Vitalik Buterin is also strange.
After writing for Bitcoin Magazine as a teenager, Buterin dropped out of the University of Waterloo to travel the world and learn more about cryptocurrency.
From an early age, he rejected centralization when his favorite game, “World of Warcraft,” was updated against his and the community’s wishes. In 2014, with the help of Charles Hoskinson and Dr. Gavin Wood (creator of Polkadot), he created programmable money with Ethereum.
“If World of Warcraft moves to Ethereum, I will consider playing it again.” — Vitalik Buterin
Despite their huge cult following, Vitalik and Charles are two of the most controversial figures in cryptocurrency. They clearly still have tension from their fight, as both have indirectly called themselves immature in recent podcasts.
Second round Ethereum vs. Cardano: What’s Under the Hood (For Nerds)
Ethereum’s Dencun upgrade in 2024 launched “blob space,” a game-changer for layer 2 storage that reduced transaction costs by 10 to 100 times. An important victory for scalability, but the market does not seem to be biting: Ethereum remained far behind Bitcoin, with a return of 46.3% against Bitcoin’s roaring 121.4%.
For 2025, Ethereum has the Pectra upgrade in its sights. It promises faster transaction speeds and smoother communication between validators to address annoying network issues. But even with the updates piling up, Ethereum faces a cutthroat race to the blockchain, where staying relevant is half the battle.
Cardano spent 2024 tinkering with its ecosystem, refining smart contracts and making some moderate gains. But cracks formed beneath the surface: Network activity plummeted and transaction volumes nearly collapsed in December, signaling a cold front in investor interest.
Next on the agenda for 2025 is the Plomin hard fork, an attempt to establish decentralized governance through a step-by-step implementation of voting. It is a big step towards a blockchain free from centralized control.
Round 3: Which ecosystem is better?
Ethereum has the largest crypto ecosystem on the market, including thousands of altcoins, dApps, NFTs, and highly trusted stablecoins like DAI.
Here’s a quick breakdown:
- DeFi: Uniswap, Aave, MakerDAO
- NFTs: Rarible, Opensea, CryptoKitties, CryptoPunks
- Games: Alien Worlds, Axie Infinity, Decentraland,
- Utility: Metamask, Chainlink, VeChain, Brave Browser, DAI
The Cardano ecosystem is making great strides, with dApps like MinSwap leading the way. MinSwap, a decentralized exchange, allows users to trade tokens directly on the Cardano blockchain, eliminating intermediaries. Think UniSwap, but for Cardano.
Then there is Liqwid Finance, a decentralized lending protocol that is making waves in the Cardano DeFi space.
What sets Cardano apart, however, is its architecture. With the Settlement Layer managing ADA transactions and the Computation Layer powering dApps and contracts, scalability and security gain an advantage.
Ouroboros, the network’s proof-of-stake consensus, offers a green and efficient engine. Add peer-reviewed code and a deterministic extended UTXO structure and you have a platform built for serious enterprise use.
The winner (fatality)
“The engine doesn’t make a BMW a BMW. It’s part of it, but it takes a whole ecosystem, a whole set of things. “—Charles Hoskinson
There’s a clear winner here. And it’s Solana.
Excuse me. It was a bad joke. Stay inside!
Two years ago, I would have said that Ethereum was the clear winner, but now both platforms are playing the ultra-long game to be the most decentralized and efficient blockchain.
While startups like Solana and Sui command attention (and market share), these two giants seem indifferent, too busy chasing the long-term reward to worry about short-term losses.
If we had to pick a winner, it would still be Ethereum, but Cardano will quickly gain ground in 2025.
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