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What is the Difference Between Bitcoin and Cardano?

  • Thread starter Thread starter Suba
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Cardano coin is gradually gaining the spotlight, investors especially the whales are pushing the price of the coin. That has made the coin to reach high level.
 
Cardano is a new token. I don't think that it is a coin like bitcoin. It is created under etherium network. So it is a token under etherium. Because it is a new coin and it still has small value. It will be more profitable to invest in than bitcoin
 
ahmedo24 said:
It is better you are and invest in this coin because it is likely to have a bullish period next month because of launching of it smart contract.
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Yeah it may have the bullish but when it comes to investment i don't think there is a coins you can compare with bitcoin because it's more valued than them.
 
Hena101 said:
Yeah it may have the bullish but when it comes to investment i don't think there is a coins you can compare with bitcoin because it's more valued than them.
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Comparison in terms of value , every coin is below bitcoin but in terms of return on investment altcoins are better off bitcoin.
 
Suba said:
What is the Difference Between Bitcoin and Cardano?
Lately, Cardano (ADA) has become very popular, even though the price of ADA is cheap at $2.88, but Cardano is able to rank 3 on Coinmarketcap, marketcap $91,327,935,708. Even the Cardano team, claim that the Cardano blockchain is the third generation, with newer technology than Bitcoin and Ethereum. Also Cardano has inserted several elements so that Cardano will be able to solve the problems: sustainability, scalability and interoperability of blockchain. What are the differences between Bitcoin and Cardano that you know?
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The way people perceive them is different. Also the total supply for Bitcoin is far smaller than that of Cardano, hence the difference in price too. It will be nearly impossible for Cardano to reach Bitcoins price.
 
BTC is $50,000 at the dot, the next level will be for the coin to cross the resistance level of the current price which it has hanged on for long.
 
Bitcoin is proof of work coin and it is the top most cryptocurrency valued at over $50000 whereas ADA or Cardano is proof of stake coin valued at almost $3 now. It is still a very cheap coin with good potential for sure. Both these coins are good to invest and make profit by holding them.
 
Cardano is a coin on its own and it cannot be compared with bitcoin because they don't even work the same way but they are both digital coins.
 
ADA is an alternate coins and yet has a lot of potentials that has attracted a lot of investors attention. People are draw to a coin that speaks volumes. While Bitcoin is not alternate coin but has been making waves from time immemorial.
 
Cardano aims to enable cross chain transfers through side chains, which conduct transactions between two parties off chain. It is also exploring ways for institutions and individuals to selectively divulge metadata related to transactions and identities to enable use of cryptocurrencies for trading and daily transactions.
 
saousen5765 said:
Cardano is new bitcoin because it is grabbing more interesters day after day and many crypto trader are involved in Cardano this is my personal point of view so price can be rised rapidly.
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You are right. Cardano is a newer cryptocurrency digital coin than Bitcoin. Bitcoin is the first and now the oldest of cryptocurrency coins but with the highest price today at fifty one thousand dollars.
 
The difference between them starts from their names, Bitcoin is Bitcoin while cadano is cadano. Bitcoin is not an altecoin, but cadanonis an altecoin. Bitcoin is more priced In the market than cadano currently too
 
think the answer to your question can be found also in your own post. You said that Cardano blockchain is the third generation with newer technology than Bitcoin and Etherium. Cardano has several elements that will be able to solve problems regarding sustainability, scalability and interoperability of Blockchain. Bitcoin is the first and now the oldest cryptocurrency and the most famous cryptocurrency.
 
Cardano on its own is a blockchain just like bitcoin but then it is solving a lot of problems I like the sustainability and also the problem with high transfer fees.
 
Both are crypto currencies available to investors for investing, there are actually some differences between them because for one the value of Bitcoin is higher than that of cardano and with more investors too
 
There is different in both the price and market cap , but it seems that recently , cardano is actually putting more effort in promoting the coin and Making sure it reaches high price
 
It has very big different because bitcoin is the King of all cryptocurrency and bitcoin exchange business is the best, but actually I don't really know more about cardano.
 
I hear that cardano burrows every good features from Bitcoin and Ethereum and has addressed every problematic issues that are within Bitcoin and Ethereum blockchain.
 
I have come across this cardano coin listed in some exchange but I have not developed interest in it, thinking that it is worthless. But with the analysis above, I think it is worth giving it a try by holding some of this coin and watch how it goes in the future. It is just my opinion and thanks for sharing.
 
There are two different coins but ADA has a big potential to rank high. It has now dropped below the $2.8 price mark but it will undoubtedly go high. This is one of the coins that people can invest in. Bitcoin remains number one.
 
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