Cardano for Bitcoiners: The Myths and Misconceptions (Part 1)
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- Опубліковано 3 сер 2024
- Cardano for bitcoiners is a multipart series that explores the misconceptions and concerns raised by the Bitcoin community about the Cardano blockchain. Part one analyzes blockchain trust, Cardano's three founding entities, the ADA pre-mine and dangers of blockchain upgradability. Bitcoin and Cardano are two juggernauts of crypto in their own right,. One gave birth to the entire industry and continues to attract global adoption through market dominance. The other is a third generation blockchain built with many of the same design architectures and values but through secure smart contract programmability and POS consensus driving decentralization, is taking that next evolutionary step to deliver a global financial and social operating system. Ultimately this series attempts to answer the question of whether or not a collection of outdated misconceptions and or genuine concerns are holding back a huge (Bitcoin) community from exploring a blockchain (Cardano) that has all the characteristics to become Bitcoin 2.0? This is Cardano for Bitcoiners: The Myths and Misconceptions Part 1
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Timestamps:
00:00 - Intro
02:03 - Trust
05:45 - $ADA Pre-Mine
12:03 - Treasury Control
13:20 - Forking Cardano
14:57 - Hard Fork Control
16:53 - Cardano Upgradability
19:57 - Outro
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*Sources/Links mentioned:
ADA pre-mine article: cexplorer.io/article/myth-bus...
Cardano foundation treasury transparency: github.com/cardano-foundation...
Cardano foundation treasury findings: cardano-foundation.github.io/...
Charles speaking for crypto at congress: • Charles Hoskinson Test...
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#bitcoin #cardano #blockchain #ada #cryptocurrency #crypto
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Disclaimer: This Video is NOT financial advice, all topics discussed are my personal opinions or information obtained from my own research. Always DYOR (Do your own research) - Наука та технологія
Thanks for watching! For more Cardano insights please like, share and subscribe!
Are a collection of outdated misconceptions and or genuine concerns holding back a huge community from exploring a blockchain that has all the characteristics to become Bitcoin 2.0? ? Let's discuss in the comments...
If you find value in the content you can also help support the channel using ADA handle: $sapien
See you in the next one and keep it Cardano!
These videos are important
Thanks Shaun appreciate you!
Quality intelectual channels always got the least views. This channel should have over 300k subscribers
Appreciate you 💎💎
C A R D A N O: Community-driven, Academic, Revolutionary, Decentralized, Advanced, Next-Gen, Open-source ❤
Well said! Clear and concise!
Cardano ada ❤
Thank you S₳PIEN
The pleasure is mine Brody, thanks as always for the awesome support!
Everyone needs to see this.
#bitcoin
#crypto
#blockchain
Thank you DrWolves!
Cardano ❤❤
#1 channel for keeping it Cardano. Excellent content 👌
Keeping it real is keeping it Cardano! Thanks for tuning in 💎
Some key points very well highlighted. Excellent assessment 👍
Thank you appreciate it!
I typed Cardano in the search bar of YT this morning and finally found a valuable video. Well structured and looking forward to the rest of the series. Earned my subscription pal!
Much respect and welcome to the channel!
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Shared
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good work brother! the market needs this kind of enlightenment badly 👍
Appreciate you man, thanks for tuning in 🙏🙏
great work ❤
Thank you! 😊
nice to hear about the hard fork combinator too.
think I remember Charles saying it means cardano can have 3 major upgrades per year.. it took ethereum years to implement its proof of stake
@@Richard1may for sure, its one of Cardano's many innovations overlooked by the majority of the industry.
"There is a principle which is a bar against all information, which is proof against all arguments, and which cannot fail to keep a man in everlasting ignorance-that principle is contempt prior to investigation."
Great start to an awesome video series!
Awesome comment, appreciate you and hope to see you in the next one!
LOVE your content… as usual Sapien… you are such an invaluable resource for our Community and the masses that don’t even realize about this remarkable project… THANK YOU ❤️
I appreciate you Gary, awesome comment as usual. Thanks for the unwavering support!
Thanyou brilliant insights into the no1 blockchain!!!!
Thanks Gordy appreciate you tuning in. Hope to see you in the next one 😎
My man!! 💪💪💪
🫡
Another great content, thanks Sapien
Thanks FastJet!
Looking forward to Part 2. Great content, as always! Keep it Cardano!
Thanks Dorian and looking forward to seeing you in the next 1 👊🏻
❤
Everyone in the comments already said what I would say as well! Great content. It’s not a matter of if, it’s only a matter of when Cardano is seen for what it is. ❤❤❤❤
Appreciate you AZ keep it Cardano and the rest is inevitable
Super excited for this entire series!!!
Thanks Gary part 2 is out now also 😉
Good job kiddo you smashed a 6 with this one.
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Got here from your reddit post, goo job attracting me here with the interesting topic and title. Subscribed broooooo
Hey welcome and appreciate you! Hope to see you in the next one ☝️
Great explanation of some key points that many don't understand. Cardano is truly the #1 technologically superior blockchain held back by Bitcoin/ETH maximalists that help shape mainstream narrative with the aim to crush its progress and pump their own bags. Most people are just here to make money and unfortunately don't understand or value the tech. Therefore the only incentive for these people is to speak from their own book and number goes up. This will change with time as more people realize what cardano has to offer while watching everything else collapse. Thanks SAPIEN nice video, really looking forward to the next episode.👊
Great comment Heavy I couldn't have put it better myself! 💎
Huh. I'm surprised this channel doesn't have more traffic given the quality of valuable information provided. I'll try to plug it more to others. Keep it up my friend.
Hey thanks that's very kind I appreciate you! Hope to see you in the next one...
Top video (as always!) Cheers and keep 'em coming. 😎
Thanks Jason, appreciate you tuning in and dropping a comment 😎
Ada to the moon
Lol bro i made over 200k off my crypto since 2016. Im 25. Bought my mom a house and my sister a car. Anyone who doesn't believe will never make it.. work yo azz off invest in any project u believe in and study and wait ... We are on the verge of a new currency revolution
13:00 So Charles was rich before Cardano and never took a dime from Cardano for himself? You seem to be idealizing Charles
Not sure where I said he never took a dime for himself, in fact In part 3 I state the opposite. Sure Charles was rich before Cardano and he also became considerably more wealthy as a result of Cardano from my understanding. Does it really matter?
It's almost as if Cardano's entire life depends on bashing Bitcoin lol
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Who is bashing bitcoin?
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Nobody is bashing Bitcoin man here, please listen to the video.
Commenting before watching the video 😅
The thinking mans channel. Excellent overview thank you Sapien. Even us less technically minded understand the pitfalls of centralisation through our collective experience within ithe legacy systems we currently have. Nice overview of Cardano’s approach in this area.
Thanks I appreciate you brother! Looking forward to expanding on this as the series progresses 👊🏻
CARDANO IS WORTHLESS...
Fantastic contribution, well done