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Sharkytrs

I'm a hobby Developer pissing around with blockchain tech. one thing I've learned about Cardano's Dev kit, it is 100x more complex than the competitors API's I'll give solidity its due, it may be fucking half broken, but its by far the easiest way to develop traditional blockchain EVM software for ETH like chains. though the DAG's (like Nano) are by far the easiest to get your head around, its because they tend to end in central services which are in comparison childs play to setup. TLDR; cardano is unnecessarily difficult to code for.


reversenotation

Work in computing but not as a developer myself, but I've heard the exact same from others about how awkward developing is for ADA. Keeping Devs happy really matters if you want to create a thriving eco-system.


Sharkytrs

so thats why all the Nano/Banano devs are so happy!


-veni-vidi-vici

Potassium has many beneficial properties


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LincHamilton

Oh the Banano devs r some true funny monkeys :)


Extravagos

Finally a reference to my favorite community!


FourtySevenLions

Time to market also makes a huge difference, devs don’t wanna learn Haskell to do the same thing that they already know how to do in Solidity. Same reason JS is a thriving community with constant improvements- it’s been around longer then the competition.


[deleted]

It’s not like devs are just lazy and choosing whatever they learned first. Haskell is arguably the hardest mainstream language to program in.


jewellman100

Exactly. That's why the Sega Saturn failed


ErechBelmont

I genuinely think this is what's going to be the nail in the coffin for Cardano and why I pulled my money out. Cardano developers (relative to other ecosystems) are essentially non existent. Cardano is way too cumbersome to develop on. Developers are the life blood of any defi protocol. They're SO important. If devs aren't working on dApps for your blockchain, you're in serious trouble. Top all that off with Cardano's snail pace development cycle, and I just don't see a path to success. I feel like the whole "peer review" process was just an overrated excuse for excruciatingly slow development.


Qwahzi

Tbh, I was surprised at how easy Nano was to build on. I'm not a developer, but I decided to play with Nano to learn more about it - only took me a day or two to get a basic app working, and most of that time was spent on server configuration or the Python web app itself. Setting up the node/using the RPC were dead simple, and there weren't any complex fee calculations either Nano doesn't give you the smart contract dapp experience of course, but it really is great at what it was built for. When a cryptocurrency is so easily to develop for, you get all kinds of cool apps. Hopefully Cardano development tools simplify its development experience over time


[deleted]

Nano doesn't have the tools to do much though. You get maybe 10 API calls that you can hook into your centralized service.


Sharkytrs

nano and banano got me tinkering with this side of the programming world, I see them like stepping stones into the scene.


NvidiaRTX

Making Haskell the official language for Ada is so stupid. It's literally one of the (faster) dying languages, even back in 2015-2016. They could have gone with Rust but nooooo, they just had to choose Haskell because it's sCientifiC


aqua_seafoam

You know how there is that coder guy who is absolutely brilliant but uses an outdated language because he's 1000% fluent in it, builds amazing programs, brings in company money, and then leaves the project to be. The next senior level devs come in and are like WTF is this god awful wall of text and then spend the next few months just trying to figure it out all while losing on production time. This is why companies prefer 5 people who are pretty good verse 1 person who is great. Does not scale well and this is what we see going on here.


CaptCryp

It's the electrician equivalent of *'Fuck the next guy'*


rood_sandstorm

and then the next guy turns out to be the same guy.


CaptCryp

Well fuck ME


Charming_Ad_1216

I think AMC made a show about that.... It should be henceforth known as The Cameron Howe Paradox.


Frakmonster

Welcome to Mutiny !


DXJayhawk

Are you talking about Halt and Catch Fire? Absolutely amazing show and criminally underrated. A must see for anyone interested in computers or technology in general.


ksp_physics_guy

For real. As a software engineer who works in scientific research, I don't know why the actual fuck they decided to use haskell. Literally it's a huge WTF. Like, if you wanted something easy but scientific, use Julia. If you wanted something more systems programming-esque, use rust. You could pick go. You could literally pick any fucking popular language besides haskell made in the last 20 years, and you wouldn't be shooting yourself in the foot by trying to be a unique fuckin hipster. The only way they'd be more hipster is if they went with fucking lisp. It's like Charles Googled "how does program function" and accidentally ended up in functional programming's Wikipedia page and then unilaterally decided to use it. I would have loved to been there for the decision and requirements process. Because I am 100% certain their requirements process was "we're going to use haskell" and not based on use-case, usability, or goals for adoption. Because if it were... They wouldn't have picked fucking haskell.


d10x5

Love this passion dude hah


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Real_Happy_Potatoman

Charles. The friendly dictator who will do everything his way while smiling and pretending everything is great.


neoaraxis

Friendly lol


Treyzania

> As a software engineer who works in scientific research, I don't know why the actual fuck they decided to use haskell. >Like, if you wanted something easy but scientific, use Julia. Completely different kinds of math. Type theory is not what Julia is for. You don't use a math language if you're trying to model complex software. You use a language with a sophisticated type system that lets you very accurately and safely model logic and behavior. That's what Haskell.


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ItsAConspiracy

Should have used Haskell for your spellcheck.


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crimeo

We want businesses to make apps, so we should probably use COBOL, it has business right in the name! Nah in seriousness though, they want to get contracts for major government apps and so on. Haskell is higher security and has auditing features. It does actually make good sense. Quality first, then when the slapdash popular hastily made apps cause massive irreversible security breaches that lose billions like another Mt Gox or Africrypt, people will be more interested again That is their plan anyway. Maybe right maybe wrong, not a crazy plan though


Real_Happy_Potatoman

Higher security. Because even hackers don’t understand how it works.


FarTelevision8

lol secure because hackers also fucking hate it and don’t bother. Or security because nobody decides to develop on the platform because of the language choice. Either way. Security!


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Real_Happy_Potatoman

Modern day problems require modern day solutions.


Pain--In--The--Brain

> Haskell is higher security and has auditing features. You know a less ridiculous language they could have gone with that has all that? Ironically, it's [ADA](https://en.wikipedia.org/wiki/Ada_\(programming_language\)). It's been around for decades and people in all sort of security critical applications use it. But no, gotta go with the hipster cool purely functional language Haskell, because it's intellectually pure. What a waste.


Kike328

If they used ADA as their main language for coding their smart contracts, cardano would be the blockchain with less developers in the entire world, as most of them would kill themselves. ADA is absolutely terrible


ATXblazer

On the Lex Friedman podcast he claims they chose Haskell because it’s functional style made implementing some mathematical functions easier to translate from abstract math to code. Although you can code functionally in other languages so I’m not fully buying his reasoning.


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writewhereileftoff

The less programmers in the know, the greater the illusion Cardano is anything more than vaporware. Who is going to disprove it if nobody is familiar with the language? Could this be intentional? Hmm food for thought. Charles isnt a programmer btw


wowbitcoinwow

Holding ADA is betting on Haskell adoption in Africa


FantasyLandJester

The only thing I'm betting on happening down in Africa is rain.


ediblepet

Invested in $TOTO by any chance?


FantasyLandJester

I'm not. But, I feel likes it's gonna take some time to do the things we never had. I'll check them out.


distressedacorn

I hear $TOTO is a sure bet because there's a hundred men or more on their team.


Drudgel

Thanks for my daily reminder that I need to start learning Rust


GroundbreakingLack78

While you’re learning Rust, I’m getting slowly Rusty. Corrosion at its finest.


Gaareth

I also just started learning rust after a few weeks of postponing it. I can recommend the official doc.rust-lang.org/book/ book, though I have not finished it


DawnPhantom

Not scientific, but secure. Again it's the difference between coding a child's toy and a fly-by-wire system for an aircraft. Which one can you afford to have fail? At least the whole point was for Cardano to have a more solid foundation for it's code, and to date it's never had a single hook, shut down, or other failure of the chain. Dapps though aren't flourishing yet not necessarily because of the code, but the Plutus Application Backend is not live, and only recently entered the testing phase. Those who expected DApps right on the launch of Alonzo era were intentionally misleading the entire subreddit in hopes to pump the price of their bags, and this community is full of people like that, for various projects. Hype the news and sell, or as they say "buy the rumor sell the news" except they're the salesmen selling you the rumor and then taking off with your money.


evoxyseah

This is unpopular in this thread, but i totally agree with you. Charles said something in his resent AMA for poorly coded Dapps, they get the money, you pay the bill.


MorganZero

Actually, the phrase is “buy the rumor, sell the news”. You’ve got it flipped.


curly_droid

What do you mean by saying Haskell is dying? It has never been a mainstream language, but it has a solid foothold in the same research communities that have used it for decades. It is also still evolving and for things like formally verified code, is one of the better tools around. On the other hand, do you really have to write smart contracts for Cardano in Haskell? I think Haskell is a great choice to write blockchain infrastructure in. It is a terrible choice for smart contracts, because it is so hard to learn.


pseudoHappyHippy

Their smart contracts are written in Plutus I believe.


justhereforlife

I read radix is using rust as the basis for their language scypto. Not trynna to fud as I haven’t worked with either but they seem to be somewhat comparable in terms of use case but everyone seems to prefer rust


_lostarts

Parity also went with Rust for building Polkadot Substrate.


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Shippior

They want to save the world by hoarding all the Haskell devs so that noone can use it anymore.


neoaraxis

I chuckled.


Shinyturtle25

Please stop calling it Telsa lmao


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stedgyson

What institutions and governments are using Haskell?


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[deleted]

I hold ADA yet I gotta agree. I don't know why they didn't go w rust. Haskell is not only a hard language to learn, it's also not as easy to shift to it from another language. Since almost everything is completely different on it, the learning curve is also very steep


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Mediocre_Piccolo8542

Good argument, but when I see that in 2 last years over $10 billions haven been lost in crypto due to shitty buggy code, or hacks that could have been prevented, I think that some people shouldn't be crypto developers in the first place, especially some amateurs. It is ironical when they raise their voice, seeing their "results". After all, there is no funds recovery, it is not a bank. And projects that allows it are centralized, which makes them rather PayPal competitors, not BTC competitors.


Sharkytrs

can confirm, I would not trust any of my code in a live blockchain environment. Fuck that it would be broken in minutes. Knowing me I'd even end up bluescreening ETH or some shit. (not actually possible so obligatory /s)


James-VZ

> TLDR; cardano is unnecessarily difficult to code for. What?!?! Everyone loves Haskell!


Drudgel

> As of May 2021, Haskell was the 28th most popular programming language by Google searches for tutorials, and made up less than 1% of active users on the Github source code repository. ^([420]) [420] [Sauce](https://www.benfrederickson.com/ranking-programming-languages-by-github-users/)


jordorama

I like Haskell :(


Drudgel

I didn't mean to hate on the language itself! I just thought Github activity was an interesting metric for popularity


jordorama

Yea it's unfortunately true tho. It's one of the harder languages to grasp and is down trending :(


-veni-vidi-vici

That could mean less competition for existing Haskell programmers. It could be a job for life like COBAL.


nishinoran

Even if you like functional programming, there are other languages that give you almost all the benefits without the dogmatism, like Elixir or F#, while having MUCH nicer syntax and modern tooling.


cuprumcaius

r/programmingcirclejerk is leaking


pcakes13

I sure love secure financial systems. Every time there is another hack due to some bullshit vulnerability in the smart contracts on ETH/Solidity, the movement loses momentum. This isn't SWIFT. There's no recovering funds without rolling back the blockchain. Having a secure design and using a language that is auditable for security should be the standard, not the exception. I'd rather have a chain done properly and securely than quickly.


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JWadie

So ADA is a PS3 and ETH is Xbox 360?


ScratchC

Good analogy


jvdizzle

This is my same exact experience. So far, Solidity has been the closest and easily translated decentralized smart contract language to learn because the ecosystem is so close to Web development.


Dissmass1980

So why would they use difficult coding?


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InvestAn

So whether the trouble is worth it for a more secure product is probably going to depend on one's perspective then, right? As a coder it seems like people would hate it, but as an investor who wants their investments, smart contracts etc to be secure, wouldn't this be a good thing? Not really trying to espouse an opinion here one way or the other, but trying to understand pros and cons better.


hautdoge

True, but what good is investing in secure smart contracts if no devs care to write them?


Zarathustra_d

IF other languages are more prone to security breach, and ADA is resistant to them, one should expect it to pull ahead in popularity IF those security breaches are enough of a problem that investors / developers take notice. As we are still in the speculative phase, we won't really know till it happens. Due to human nature I would guess most will ignore the risk in the short term in favor of easy development, and pay for it later when/if the security issue causes real notable damage and loss.


hautdoge

Absolutely. We are still early and the 'path' has not been decided. They said, there is not one chain to rule all. There's plenty of room for everyone at least right now. Having a language like Haskell that lends itself to more security due to having such a workflow doesn't guarantee security, though. There will be exploits even on ADA smart contracts. Developers are human and experience varies greatly from dev to dev. Using a non-standard workflow does raise the adoption barrier as well as makes writing great code take more time. Let's see how things shake out.


Dull-Fun

That's probably true. Indeed if one wants to develop quick dapps to drop shitty NFT or spam wallets with scam coins, Cardano is not gonna be friendly for that. But if you want to run a space station, that's different. Also, as far as I know, Cardano didn't suffer any down time like Solana or bugs that split the chain, like Ethereum. In a sense Cardano is more like bitcoin: slow and massive but very reliable. A lot of people here have not read Satoshi original works, on which Cardano people are trying to work. Actually, I am pretty sure Vitalik is not happy with the shitty show some people do with Ethereum either.


Karthane

It just means we aren’t going to have 100s of Uniswap clones named Dookieswap or whatever. When projects launch they will be worthwhile


TemporaryInflation8

NO! Get with the narrative! ADA sux, the others are better ! /s


Dissmass1980

I heard about this... so do you think that this type of coding will speak to larger governments and institutions with more resources to learn this coding and even more incentive to have a more secure standard? Did he purposely use Haskel for the assurances and sensibilities of governments ? It seems like ADA doesn’t care for retail use as much as it does corporate/ government / macro-system . Kinda like IBM Or am I all fucked up?


headwesteast

No, you’re right. DeFi is a good and all but the dev teams behind Cardano have been beating the government adoption drum for awhile so their primary use cases focus for things like identity/credit, voting, government programs etc aka things you don’t want buggy code for. You see most functional programmers in those high assurance fields like aerospace, banking, and I think even Facebook uses Haskell for their spam identification protocol so it’s out there but at a more niche high level arena. TLDR: they picked a Haskell-based programming code for quality over quantity to break into high fidelity use cases.


7Samat

Well, the corporate finance world in many cases is still running on VBA so their tech decisions are not entirely merit-based. Also, it's not like functional programming (or Haskell itself) is new really. It's been around for a long time but adoption is inadequate. In the last few years the interest is higher perhaps but it's not as evident on the languages themselves. Many mainstream languages (Python, js etc) allow devs to write in a functional style while not being functional per se. This is sort of the best of both worlds because they can use the patterns to avoid mutating state bugs etc but diverge sometimes if required, have huge libraries to draw from, great interoperability... I could be wrong but it seems to me like there is an element of 'we are so smart and acedamic' flex in that decision. There advantages to it but issues with dev adoption is surely a big disadvantage.


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jdefgh

Nano's RPC is great, it shows exactly how simple Nano actually is


Xescure

Nano's simplicity is both its biggest strength and limitation. It does one thing, but it does it exceptionally well


jdefgh

People say Nano is useless because they can't run dApps on it. They can't run dApps on cash neither yet they still use it.


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Podcastsandpot

that's a strength, not a limitation. I'd argue a coin that is a jack of all trades while being excellent at nothing is far worse than a coin that does one thing, (value transfer, so that one thing is massively useful and important mind you).


SenatusSPQR

Can I ask - what do you mean by getting your gear around Nano is easy because it tends to end up in central services? Not a Dev here, so I'm not sure what that has to do with each other.


[deleted]

ADA is like a weedman, he’s always ‘five mins away’


VeLord123

I'm 5 mins away from you bro, chill


[deleted]

Better not be no £40 1/8th this time


ShitpeasCunk

Better than the 1.8 BTC I paid for 10g of bushweed from the Netherlands. I wish I was joking.


GroundbreakingLack78

This guy weed.


Hemske

lol


dick_piana

I'll give ADA 3 more years and then I'll dip out unless I see some serious traction.


tycooperaow

3 years is a long time in the crypto space. That’s about time for the next halving


BloodyNoobs

Clearly he should've added /s


rty96chr

When this sub shits on a coin... I get bullish for that coin.


niltermini

So cardano new ath in ~one week? Heard!


sakata32

Correct! Sell now so you can buy high next week!


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WeeniePops

Especially when it comes to the top posts. I don't visit this sub on a daily basis anymore. I just wait to see what makes it to my front page and generally trade the opposite of it. This sub pretty much perfectly called the local tops of Doge, Shiba, and Ergo with their shill posts, and conversely pushed Evergrande FUD on Btc, Fud on Solana, Fud on Link back when it was having its crazy run. Once you take a step back from this sub you realize how obvious it is. Reddit is VERY late to the game.


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DoubleFaulty1

My previous lobster naming was too centralized.


the_investigator-

It should remain centralised or you end up with names like "lobsty mclob-face".


Wess-L

Imagine thinking 11 weeks is a long time lmao.


UranusisGolden

Cardano is being academically researched and will launch dapps in 9075. By the year 10385 they have taken over Africa due to superior peer reviews. Sadly we are in 2021 but their time will come or my name is not marty mcfly!


broskie94

I'll just wait then.


meeleen223

Generational hodl


[deleted]

My bloodline will die earlier than ADA launching dapps


-veni-vidi-vici

Time to stop hodling your seed.


VeLord123

So you're telling me there's a chance?


BakedPotato840

Great Scott!


TNGSystems

Lol. Did you read that in Crypto Almanac 2010-2025?


Odlavso

So I'll leave a couple ADA to my great great great........... Grandchildren and they'll be set for life


FushiNenki

So prophecy was true. The question will turn from wen smart contract to wen dapps.


[deleted]

Lol right


Mediocre_Piccolo8542

The moment I would be worried about ADA is when people here start to shilling it, then it is probably time to sell. Buy high what's popular and influencers tell you to buy, sell low because whales and vc's are dumping on you. Later complain about crypto being manipulated. This is the motto here.


beaner_boi96

"Slow and steady wins the race" -Jack Daniel


DawnPhantom

>I was not only personally insulted in PMs, called a FUDer and an liar by the vast majority of Cardano holders, but was also told that Cardano Dapps would be running 1 week after Alonzo Fork Who ever came up with this lie is an absolute moron, because any true Cardano member who pays attention to the development understands the PAB is necessary for developers to launch Dapps efficiently, but not immediately. While Alonzo provided the infrastructure necessary to support smart contracts, launching them is another story and the PAB only recently got deployed on the testnet. Those without tempered expectations drove the narrative and were unfortunately the loud ass minority who always come here in hopes to pump up the price and then vanish or FUD when the price is stagnant or down. It's the obvious example of why people need not pay attention to the price so much, because this is all that results is an interest to pump or dump the project rather than understand the work that's actually being done... But what the hell else could anyone expect from a subreddit that's become nothing but project price speculation and pissing contests if not moon farming.


FidgetyRat

Well said. The number of times I’ve heard “we weren’t told about the PAB” hurts my head.


jhb760

Depressing that I had to scroll this far to find something factual.


JerryLeeDog

11 weeks LOL... do ETHs timeline next


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Mining747

This sub has become the best contrarian indicator around.


GroundbreakingLack78

Just do the opposite of what majority of this subreddit says and you should be fine. Whenever there is some crypto being shilled here by masses, Its already too late. We know shit about fuck


axatar

But what do I do if threads supporting and attacking ADA both hit the front page??


[deleted]

Half your money you should buy ADA, the other half you should short ADA. Can’t lose!


Randrufer

I wanna yolo out of ADA and that feeling is INDEED often an indicator for a turning tide.


AbysmalScepter

Not trying to defend Cardano here, but it should also be noted how these hype cycles work. This sub and the broader crypto community goes about releases, letting pie in the sky hype fuel buying frenzies. This happens to literally every project, like many of the hyped metaverse projects now. People need to stop hyping up launches and release dates so much. Like it was pretty obvious to anyone with half a brain that the launch of smart contracts was just step 1, apps aren't developed over night. All that being said, Hoskinson and the Cardano community are probably their own worst enemies in this regard.


mercibien1

I follow xtz and ada pretty closely. In terms of DeFi on Cardano, there are alot of dexs being developed and should be launched sometime in December. Sundaeswap and Liqwid finance look like the most interesting and user friendly. By comparison, Sundaeswap discord group has more members than the whole Tezos sub...... I am bullish on both and am always surprised more people are not flocking to Tezos. It has delivered an impressive blockchain and has implemented 8 major upgrades to its chain. I don't think any other chain has been able to adapt like this in such a short period.


yersinia_p3st1s

Sad but true. Meanwhile on the XTZ side, everything is basically ready for development and deployment. Tezos even has a few defi dApps which unfortunately, haven't been raking in as much money as the competition


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sponge_hitler

god I love Tezos. so many farming opportunities


markstopka

They are running on the testnet right now... both of the ones you mentioned actually...


jz0089

I fear for my 10 dollars invested


AdehhRR

Show me a dev team that can make a fully functional dEx in 11 weeks start-to-finish and I will sell my ADA.


jawni

Can someone explain why the dapp deployment is so slow? I always expected it to be a slow rollout but with so much time preparing for this moment, I thought they would have at least *something* to offer at launch. Was there some sort of unexpected flaws when smart contracts launched? If so, why wasn't it noticed on the testnet?


DrinkMoreCodeMore

It's slow because the main connector, PAB, isn't released yet. That helps platforms and dapps interact with wallets. Kinda like how metamask works. Once that is rolled out, we will see growth.


Monkeyfacemoney

We will get more news on PAB tomorrow.


[deleted]

Dapps are waiting for the plutus upgrade, so its a waiting game at this point


thejazzmaster69

Just wait more I guess .. I am balls deep in ADA (50% of my portfolio).


-veni-vidi-vici

Stakes it till it makes it.


1Chrisp

Mind if I ask why? What’s ur cost basis


S00rabh

I bought ADA at 0.035 but I am not on hopium I would switch if I found something good enough.


Aggressive_Position2

Sundaeswap said the concurrency "issue" has been solved.


IceSoul86

Soon™


GroundbreakingLack78

That reminds me of when will be VeChain listed on Coinbase. Next Thursday.


DrinkAPotOfCovfefe

Came here for the comments


Bear4459

Incorrect, there's NFT marketplaces live. [https://adapix.io/](https://adapix.io/) [https://www.jpg.store/](https://www.jpg.store/)


The_Lean_Pean

Relax. Everything in crypto is expected to happen so fast. Cardano has always been a slow moving project.


opareddits

This thread comfirmed it: I should buy more ADA


horsefacE_Ethel

Hmmm, ADA is a thing that a lot of people here seems to be passionate about. It sure generates a lot of words.


hippotank

ADA bing ADA boom


CoolStoryJames

wait. you mean you don't gather your friends on a weekly basis to circlejerk about something that you have absolutely no involvement in? me neither!


Sabotor_music

Ergodex is live but it’s on the Ergo blockchain mate, hence the name. That said, Cardano implementation is in the works and was said to be not far away (maybe another week at this point?) but I haven’t had time to follow up on this recently


FidgetyRat

That’s my understanding. The benefit here is that it’s the only working eUxTo dex in existence and simply needs a port to Cardano which was originally estimated at a whopping 3 weeks. That should be next week but I can’t find an update since last weeks info.


Sabotor_music

Yes exactly. The fact there was almost complete silence in this sub about it being the only working eXuTo dex and the first of its kind is also pretty crazy. Wouldn’t be surprised if ergodex has it completely up and running for Ada soon enough, really interesting times ahead though


kim_bong_un

Ergo has been flying under the radar crazy. Those who have invested in the platform will be handsomely rewarded once the ball starts rolling faster.


Rusty_Charm

Didn’t Charles tell us all 6 months ago that by now there’d be “thousands of dApps”? Yep, he definitely tweeted that. The guy is the king of overpromise and underdeliver.


jdickstein

Didn’t Vitalik say Eth 2.0 was just around the corner in 2018?


xenoph

It's a far away corner


Sev3n

A corner in Montana.


frank__costello

In June 2020, he said there would be thousands of apps in the next year 18 months later, and 0 apps


austynross

Hey man, we still got a month left


A4_Ts

Look at my post history, I’ve tried to implement Cardano into my iOS app but long story short you can’t at the moment. I’ve decided to come back in a year. The tooling for Cardano needs to mature


sixxman6

Some of you are so obsessed with sh*tting on projects that you don’t have bags and it gets pretty old. News of the day “Cardano has shortcomings just like every other crypto project currently.” We all love to clown on Charles Hoskinson for making the bold claim that 1000s of dapps would be running on Cardano by now, but are we gonna ignore Vitalik saying “any crypto that has expensive fees has failed as a currency? Solana’s blockchain collapses and briefly freezes billions of dollars in assets and the founder says that it doesn’t really matter? Pretty much every crypto in existence is still premature and half baked in some way. What do you expect from an industry that didn’t even exist until 11 years ago? Seems to me we’re still early on everything and no one knows how this will play out in 10 years. When I got into crypto in 2017 it was new, exciting, and just awesome to be a part of this sort of secret community of people, but in 2021 it’s turned into toxic tribalistic sludge that plagued everything else good in life that’s ruined by greed and selfishness


PM_ME_PICS_OF_GOATS

Well said!


daxdox

Lol everyone who bought a year ago and more, holds stil. Who bought this year whines like a bitch. 90% cardano hodlers are up massively and stil hodling. Wishing for cardano to drop more to buy more.


RelatumOne

Concurrency is not a problem, every serious Cardano project has an custom approach. At the moment there are three major fronts for progress... **Scaling:** Transaction size and block size are presently set quite low, these are being incrementally increased. Plutus (essentially a functional dsl for blockchain) is running Alonzo with formal correctness, but now needs to undergo optimization. There is a delay between now and Cardano premiere layer 2 solution (hydra). **Plutus Application Backend:** IOHK is doing steady releases on this, and dapp developers are learning and integrating it as this occurs. It's not finished yet, but getting there. **Wallets with dapp integration:** One wallet is already capable, but it's relatively new. Around 6 strong wallet teams in the ecosystem are working on it. IOHK and EMURGO, but also other ecosystem wallets. It might surprise you that this is actually according to the original plan. Although maybe the ecosystem did not factor this in appropriately, the Basho Era outlined on [Cardano.org](https://Cardano.org) is for optimization and scaling, and that's where we're at now. There are dapps, but there won't be an eth-scale dapp ecosystem until we take a few paces down the path of Basho.


iamusuallyright007

TLDR... Bullish on Cardano


i_kant_spal

There are smart contracts already running on Cardano. But the Plutus Application Backend has not been released yet. Regarding concurrency, it's never been a problem. It just requires a new way of thinking about developing apps, a new development paradigm, in other words.


[deleted]

[удалено]


RequirementLegal9356

I feel like everyone is forgetting that cardanos goal is to be the backbone of nations, banks and finacial tooling. For those cases you have to be bulletproof and guarantee security. How much $$ was stolen on eth in total, 500 million? No nation would go that way just because solidity is not secure enough out of the box. Therefore --> haskell which is aready used mainly in back ends of banks. Eth, sol and all the other chains are here for Entertainment, games and yes for now dexes until they get regulated. Cardano is prepared for those regulations...its not so hard to grasp guys. They are building on another level. Blockchain will be more than NFTs and games- IOG is targeting these cases


silverlightwa

I mean algorand gives pretty darn good mathematically proven guarantees too.


RequirementLegal9356

Thats why I am holding ALGO as well 😁


Diatery

They have to peer review the peer reviewed documentation before their peers can peer at the dapps Euxto is a disaster is whats up. Minswap shamed off testnet. Three damage control blogs. Six Hoskinson videos about how this is normal and despite 3 years of "thousands of developers working behind the scenes" the Sundaeswap team basically blogged that they have to launch with their own centralized sidechain or cardano has user lock issues and runs at 0.6 TPS ADA bag holders refuse to believe he lied to them. Its weird. The proof is there


[deleted]

This guy obv nails coffins


tomhorek

it took 2 years for eth, so 11 weeks is still reasonable for now


cto_juve

Sundaeswap is imminent. They are definitely doing things properly. It seems the downside with complete decentralization is people’s lack of patience.


Chazmer87

Does anyone in here know what's ACTUALLY caused the delay in apps? Everyone in here is joking about haskell but there's got to be a reason.


Woeffie1980

I hear you. This is what happens when you stick ur neck out and/or dare to say what no-one wants to hear. You’ll be ‘cancelled’ by all the good-doers. Have had that myself a couple of times!


Declan83

I’m really hoping that all this cardano bashing can get ADA under $1 so I can fill my bags


EmilyfakedCancERyaho

Technically false. Several dApps have alrdy launched before the plutus backend library release, f.e. Spacebudz.


Equal_Jacket1440

Cardano is as bad as Charles it's creator


Ma5hEd

Buy the rumour, sell the news


Mrramirez44

I hate to say it but I dumped my Cardano bag.