Reddit Posts
UPDATE: A Week After Getting Hacked for 300k - Cashing Out at a KYC Exchange
Cardano (ADA)-Based Stablecoin To Migrate to Ethereum (ETH), Binance Smart Chain and More, Says COTI CEO
Could moons be the greatest play of them all? Actually, yes, maybe it could be.
Price analysis 3/20: SPX, DXY, BTC, ETH, BNB, XRP, ADA, MATIC, DOGE, SOL
If Crypto was the Human Body, what Body part would each Coin/Token be?
Analyst Reveals ADA Is “Sleeping” While Cardano’s TVL Increases
What's r/Cryptocurrency's sentiment around Arbitrum's future ahead of Thursday's airdrop?
ADA value upgrades to $0.3511 as bullish momentum surges – Cryptopolitan
Key Cardano upgrade goes live sending ADA price soaring
What is the function of some of the top Cryptos?
What Is Your Strategy Once Your Portfolio Is Even?
Bitcoin Dominance on the Rise as ADA, DOGE, SOL, SHIB Slump by 8%: Market Watch
Difference Between Tokens and Coins.
Why the Next Cryptocurrency Boom will be Driven by Memes
Cardano Backed Play and Earn Platform BitSport , Launched BitPool - World’s First Web3 Based 8Ball Pool - Live | $BITP Private Sale Ongoing
Price analysis 3/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB
ADA, SOL, And MATIC All Up As Market Takes A Breath Of Relief
What is your crypto allocation?
Coinbase Announces Staked Assets Could Be Lost - Reminder To Get Your Assets Off Exchanges
Price analysis 3/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIB
Coinbase changes t&c on how they give out staking rewards & unstaking duration.
Buy the Dip. Remember what you wanted 1 week/month ago. This is it.
Why i am investing on ADA in this bear market.
Clarins Precious unveils "325 Immersive AR Experiences". The numerous perks and low supply make it unsurprising only 17 remain, with the floor now 10 times the initial 0.01 Eth
Price analysis 3/8: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
If you had moved all of your Crypto to Moons when BTC was at an ATH, your portfolio would not be experiencing the current bear market.
Crypto communities worshipping coin/token founders is as anti-crypto as it gets.
Avorak AI Looks To Expand Onto Cardano (ADA) Network Following ICO Event
the vast difference between 1 million and 1 billion supply
What's the best coin to accumulate from Curve crypto rewards?
Cardano (ADA) Takes a Step Forward with the First Wrapped BTC Minted
Cardano founder says NFTs are the ‘most vibrant part’ of ADA ecosystem
Is there a possibility for ADA Cardano to die eventually?
How To Profit In Crypto Without Buying Coins: BTC, Shiba, ETC, ADA...
The argument for cardano 2023-2025 - and a bit of history
What are some ways to identify and invest in upcoming coins before they explode in value?
Debunking the ridiculous 'J-curve' theory.
What’s kept you interested and motivated to stay active in crypto, during the bear market?
A look at how BeInCrypto’s ‘altcoins to watch’ performed in February 2023
The stablecoin Djed has only 882 hodlers.
How do you spot the next big coin (and buy in early enough)?
Why crypto jewelry is the next big thing?
Why isn’t there more attention on Cardano NFTs?
Which altcoin do you think has groundbreaking technology that could truly bring crypto to wide adoption...but somehow never made it?
Orbeon Protocol (ORBN) Outshines Ripple (XRP) and Cardano (ADA) with its Tremendous Potential
Do you think ADAs majority future use case will be bringing banking to unbanked countries in the form of wallets, or tracking items as they are doing on agriculture goods?
10 Underrated Cryptocurrencies to Watch in 2023
How much money have you lost and on what projects?
Is anyone not investing in BTC or ETH and only investing in shit coins?
I don’t understand the hate for ADA and Charles.
Contingent staking, is it the future of POS chains or something we should all fight against?
Cardano (ADA) Community Divided as Charles Hoskinson Responds to Criticism
What’s been your interest or motive for being in crypto, during the bear?
Cardano (ADA) Sees Immense Price Bump In 18 Months as Ecosystem Grows Exponentially
Question about Binance Futures COIN-M and Liquidation price.
Cardano Price Prediction: Risk management is key for ADA at these price levels
Hydra will massively scale ADA to 1,000,000 tps
Polygon has entered elite crypto territory.
Cardano's upgrade is life and is massively benefiting ADA token
When Bitcoin pumps, ADA does not follow. When Bitcoin goes down, ADA falls all the more! Why?
2 Reasons Cardano’s ADA Is Unlikely To Be Labeled A Security As Industry Scrutiny Intensifies
Price analysis 2/15: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Cardano (ADA) Launches SECP Upgrade: A Cross-Chain Love Story?
Cardano Gets 'Valentine' Upgrade. Here’s How it Benefits ADA Token
Cardano-Powered Algorithmic Stablecoin $DJED Now Backed by Over 31.5 Million $ADA
A technical deep dive into 2 biggest PoS networks Ethereum and Cardano: comparing protocols and liquid staking given the recent SEC action against Kraken (3rd largest ETH validator)
A old co-worker reached out to me, last we spoke I shilled him ADA at ATH
I asked ChatGPT where should I invest
Thoughts on the current state of Cardano ADA?
Cardano Set To Get A Major Performance Upgrade On Valentine’s Day — ADA Boom On The Way?
Cardano Whale Numbers Hit Extreme Bullish Levels, Signaling Huge ADA Upside
Revolut now offers staking for ETH, ADA and XTC in some european countries!
So I took the subs advice and did my own research!
Revolut is launching crypto staking for 25 million users for DOT, XTZ, ADA & ETH
Cardano Whales Quietly Fueling 65% ADA Rally This Year, According to Blockchain Analytics Firm Santiment
Simple market cycle analysis. Where are we in the cycle?
Simple Market Analysis - Where are we in the cycle?
Cardano Smart Contracts Hit Record High, Positioning ADA For Resilience Against Market Turbulence
DCA BTC 21 straight months, and now looking to diversify. What are you DCA and why?
Mentions
People like to clown on ADA and Charles but there’s still plenty here holding it
Is there many ADA investors in here?
ADA, MATIC, ETH, VET and then I have a few small bags for coins I believe have potential.
He's also an avid supporter of digital assets constantly in DC advocating on behald of all crypto projects - and doing a great job at it too in front of both houses Can he be annoying? sure. But there's much worse out there. Apart from Ethereum and Bitcoin, Cardano is the only digital asset I see actively trying to build out its platform with security and decentralization in mind. All the others just crumble due to either their cheap builds or lack of care for security. Happy I bought in. Looking forward to the future of BTC, ETH, and ADA projects
Charles Hoskinson is a known liar. I hold small bits of ADA too though.
I do hold ADA. I'm up 10x from when I bought, so what's your point?
Why are you suprised- you hold ADA?
Can you travel back to 2021 and tell me all this before I buy BTC over $55k, ETH over $3.5k and ADA over $2? Thank you.
tldr; Telegram users may now freely send and receive Tron blockchain-built (TRC-20) TetherUSD (USDT) stablecoins over the Tron network. ETH is steady, pushing higher and could break above $1.85k in the days ahead. Cardano (ADA) follows suit as the majority of the digital assets continue to soar. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
I started in 2021. Luckily I did a ton of research right off the bat and didn't go into too many stupid alts but was able to sell a bit of ETH and ADA for some profits. Other than that, I sold the other alts at a loss because I haven't been through a bear market before. I feel like I've gotten smarter throughout the couple years and need to come up with some price targets soon on when I want to DCA out.
Coinbase, Netcoins, Binance, and Kraken. BTC, ETH, ADA, ALGO, and XRP
Of course it would have netted you more, but who knows in advance if an alt can stand the test of time or not? Also alts tend to move so weirdy, chance is you would have gotten ADA just a little cheaper than 0.17$, but without knowing if the project would develop enought during those years to run the next cycle. You need to watch and observe during the bear market to have that accuracy. What if you bought EOS instead? People thought it was an ETH killer at the time but it was pretty clear it wasn't in 2020 after seeing new and better projects developing
ADA. The amount of hatred for this coin here is remarkable.
I’ll try to validate this after work lol when I get access to my pc, but what would have happened if you would have dca-ed into ADA from the start?
I did some backtesting and it opened my eyes a lot. Like i pretended i did a terrible job on my DCA plan during the bear market, managing to get 0.5 BTC at an average of 12k (6k invested). \- Then sold half of it at the rupture of previous at, getting around 4900$. \- Put those on ADA (just an example since it was in top 20 still, so not like finding a low cap gem) on the same day at around 0.17, meaning around 28.800 ADA. Let's also say i did not the best job at selling the top as well: Sold the remaning 0.25 worth of BTC at an average 50k for 12.500$ 28800 ADA for an average of 2,15, that means 61.920$ Your 6k turned into 74.420$ and that is after doing a TERRIBLE job on your dca on BTC, then selling your BTC at -30% from the top and your ADA aat -49% from the top.
I’m sure what he actually said was: “ADA fixes that.”
I’m considering converting my small bag to ADA. About 24 hours ago I had no intent on this but I might seriously go through with it today
ADA is too split imo but ugghhh- HEX is probably an excellent shout. I just need to find a tracking app that acknowledges its existence lol
ADA? It's either love or hate around here for that one
so I should instead invest 30% ADA - 20% DOT - 10% the rest? too the moon!!!!!!
Normally the shit he says puts me off ADA but this time I say let him cook
Understandable. Glad to hear about ADA for once.
BTC, ETH and ADA - ADA May have slow development but it works and the ISPOs are low risk (no risk at all apart from rewards) with potentially high rewards.
BTC, ETH, ADA and some dust in shitcoins. I'm green due to being early (2016-2017) and mostly holding with some occasional profit taking.
I always hear the old stories of ADA, MATIC, SOL, DOGE from couple of years ago. Next bull we will see those again, then with (new) projects they bought during these bear market
Bought around 100k worth of ADA around 2017 and saw it go down as low .03c in March 2020 just as the pandemic was ramping up. I held thru and doubled down instead. It was surreal seeing it steadily climb past $1 and then $2. I had a goal in mind when I initially invested and cashed out a good portion when I reached it.
Ah…I got VET SOL and ADA at their top so i have a long way to go.
Back to the plan. Bought some BTC, ETH, ATOM, ADA, IMX and CRO today.
I will die laughing if ETH staking comes out of this enforcement action squeaky clean and ADA and Algo staking gets shit canned. This will be more proof that ETH monopoly is taking over the crypto market. The slowest and most expensive technologies with the highest friction are the ones that are safe for the banks that have infiltrated and co-opted crypto. Ask yourself why.
I'm going to die laughing if ETH staking comes out of this squeaky clean from this and ADA and Algo get fucked. Market thesis reconfirmed
Didn’t know ADA was still a thing.
Until they decide to halt transfers or trading on a whim (like they did with ADA).
Bitchboy has always been a grifter, shill, and all around snake oil salesman. Even as a 1st timer entering crypto at the height of the euphoria 2 years ago, his hyperbole was the corniest and creamiest BS of them all. Dude trying to sell ADA was going to $150 lol. ADA was the 1st coin I ever bought before I even heard of the guy but to his credit, a couple I know in real life were parroting the same bs. I doubt harassing or threatening somebody after he gets called out on his bs is new. But he'll get his in due time.
How about website payments? Right now, If I wanted to do micropayments via a credit card or debit card, my options are what, Square, Stripe, etc? All of which charge from 2.6 to 3 percent of my income. And what about micropayments? Can't wait for Hydra for Payments and that nice ADA scaling. But a dollar based service would be much more accessible to people. Yes, more regs are coming. Vote people in that can actually represent your interests and get the regs right. That's how it works.
Cause I got in on top (october 2021) and now I’m just waiting haha. I DCA’d an average I’m happy now with what I’m holding (ADA & ETH) and in no rush to sell, but also no rush to buy anymore at this point after a year of investing downward
Dude are we twins? I do pretty much exactly the same with my tiers & allocations. 1st tier BTC/ETH, 2nd tier Atom/matic/ADA are kind of 'established alts' (for me Atom/matic/dot) and then ~10÷ in more risky alts in upcoming industries. I think it's a great strategy because your gains from BTC/ETH should cover any risks for the alts, while those can potentially give you some huge returns.
BTC and ETH are the safe plays. Stick with those and your portfolio will do fine. Buying projects like ADA/DOT/XRP and alt coins are gambles for the next bullrun or if you just really support or believe in the project.
I mean... No real reason to hate on ADA for a post like this
ADA. Would change Charles Hoskinson as founder.
Oh sure the shitcoin like ADA is here to help us
Yesss ADA, i got some too lets go!!
#Algorand Pro-Arguments Below is an argument written by Zarkorix which won 2nd place in the Algorand Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. Submit an argument in the Cointest yourself and earn Moons if you win. Moon prizes are: 2nd - 600, 2nd - 300, 3rd - 150, and Best Analysis - 500. > Disclaimer: ALGO is ~15% of my portfolio. > > ## Solving the Blockchain Trilemma > > Algorand is a solution to the "blockchain trilemma" - the ability of a network to be simultaneously scalable, secure and decentralised. ALGO's TPS is 1k/s, with a 4s finality, 0.001 ALGO transaction fee and it offers L1 smart contracts - however the network will be upgraded in Q3-Q4 2021 to 45k/s TPS and 2.5s finality, ranking it toward the top for speed and scalability [(Source)](https://www.algorand.com/120720-Algorand%202021%20Performance.pdf) > > Decentralisation is achieved by the pure PoS (PPoS) consensus mechanism, which employs **algo**rithmic **rand**omness. Unlike delegated PoS (e.g. XTZ, ADA), PPoS does not employ pooled validators, thus minimizing the drive toward centralisation over time that dPOS suffers from. ALGO node running is permissionless - anybody with >1 ALGO can run a node and theoretically participate in consensus. Moreover, the hardware requirements are extremely low - an ALGO node can be run on a low energy, $50 Raspberry Pi. > > A key feature of PPoS is the use of a randomised, weighted lottery that selects validators - known as VRF. This prevents any malicious actor(s) from attacking the network since the identities of the currently selected validators (who must be corrupted in order to carry out an attack) are not known until the block is already finalised. At 1-4k validators, PPoS is paradoxically superior to ETH 2.0's 150,000 nodes - because ETH's beacon chains are long-lived. By contrast, ALGO's random selections vary on both a *round* and *subround* basis - that is, block proposers, voters, vote certifiers all vary, across all steps of certifying a block. Unlike ETH 2.0, which makes a single node the 'king-of-the-hill' for a given round (and thus employs slashing to discourage this node from misbehaving), if a node misbehaves in ALGO, it is simply voted against by all other certifiers - no slashing required. > > Governance (launching 1/10/21) will further decentralise the network by placing decisions concerning the network, tokenomics and which projects receive developer grants (see below) into the hands of ALGO holders. > > **Main Conclusion:** ALGO is fast, scalable, secure while remaining decentralised. > > ## Carbon Negative > > Algorand's pure proof-of-stake (PPoS) consensus mechanism is extremely lightweight, consuming \~0.000008 kWh/tx (vs. 0.5479 kWh/tx in ADA - that's \~70,000x less energy, and 116250000x less energy than BTC) - with 4,000 active validators. Minting an NFT requires only 0.0000004 kg of CO2 [(Source).](https://www.algorand.com/resources/blog/sustainable-blockchain-calculating-the-carbon-footprint) This energy usage is 100%+ offset via carbon credits - locked up by an on-chain sustainability oracle, via smart contract, that analyses the energy used by each node. A partnership with ClimateTrade (amongst others) channels this funding into reforestation, peat-management and wind-energy projects at a global level [(Source)](https://www.algorand.com/resources/algorand-announcements/carbon_negative_announcement). > > **Main Conclusion:** ALGO is eco-friendly, and the world's first carbon *negative* blockchain network. > > ## Staking Rewards > > ALGO currently offers a seamless staking experience, with an APY of \~5.75% - you simply hold ALGO in a custodial wallet to participate (i.e. you do not need to select a validator and there is no lock-up period). In other words, your ALGO remains liquid at all times. This, however, will be gradually phased out and replaced by Governance, which will increase APY to 7%-30% (depending on the number of participants) but which will require you to vote in every proposal. > > ## Developer Friendly & Ecosystem > > Algorand is extremely accessible to developers [(Source 1)](https://developer.algorand.org/tutorials/) [(Source 2)](https://developer.algorand.org/docs/reference/sdks/): it supports development in Python, C++, GO, Java, Javascript and RUST - removing the need for developers to retrain or learn obscure or new languages (e.g. Haskell). ALGO's smart contract language, TEAL, is incredibly intuitive and can be accessed via Python (PyTEAL). As shown in Source 1, Algorand offers comprehensive and detailed documentation and tutorials (for free) to all prospective developers. > > More importantly, \~$200-250m is available to support developers and 50+ grants have already been issued [(Source)](https://algorand.foundation/developers/developer-incentive-awards-program). In total, \~600-650 companies are currently developing on ALGO and intend to deploy DApps/ALGO-based services [(Source)](https://www.algorand.com/ecosystem/). > > **Main Conclusion:** ALGO has the ability to instantly attract developers, and is poised for an explosion in its ecosystem. > > ## Academic Rigor > > Algorand was founded by the Turing-award-winning, MIT professor Silvio Micali - and is backed by an excellent team with solid peer-reviewed academic prowess and publication record [(Source 1)](https://www.algorand.com/technology/research-innovation/research-papers) [(Source 2)](https://scholar.google.com/scholar?hl=en&as_sdt=0%2C5&q=silvio+micali&btnG=). Silvio Micali conceived of and pioneered zero-knowledge proofs (among many other protocols) - a key, integral part of ETH 2.0 and the future of cryptography/cryptocurrencies. Such a respectable and trustworthy team boosts ALGO's chances of mass adoption, especially in the financial/institutional sectors. > > **Main Conclusion:** ALGO's ability to form partnerships is bolstered by the prestige of its team. > > ## Real World Use > > A key feature of Algorand is that it is *forkless* \- it is mathematically impossible for ALGO to fork [(Source)](https://www.sciencedirect.com/science/article/pii/S030439751930091X). This is extremely important for real-world usage + transactions. Businesses accepting ALGO (unlike 99% of other cryptos) will not only experience rapid finality but can trust that the transaction is not on a forked, branch of the blockchain that can be lost. This also applies to NFTs. Thus far, ALGO has seen major adoption, recently including: > > * 70M South Americans (potentially 200M soon) using ALGO to issue + store COVID-19 passports [(Source)](https://www.algorand.com/resources/ecosystem-announcements/vitalpass-vaccine-tracing-latam/) > * BNext adopting ALGO for its $100b/year Spain<->Latin American remittance service [(Source)](https://www.algorand.com/resources/ecosystem-announcements/bnext-announces-next-generation-remittance-service/) > * MAPay adopting ALGO to power $800m/year in healthcare payments for Bermuda [(Source)](https://www.algorand.com/resources/ecosystem-announcements/mapay-to-implement-blockchain-based-solutions-on-algorand) > * SIAE, one of the largest and oldest digital rights managements companies in the world, launched 4.5m NFTs onto ALGO - representing the work of 10,000 artists and which will involve $100m/year in royalties [(Source)](https://www.algorand.com/ecosystem/use-cases/siae). > * ALGO was recently featured in a World Economic Forum (WEF) report on cryptocurrency - listed as a recommended "VIP" blockchain that solves issues with BTC/ETH and proof-of-stake [(Source)](http://www3.weforum.org/docs/WEF_Getting_Started_Cryptocurrency_2021.pdf). This document will be seen by institutions, banks and economists worldwide. > > The list goes on and on [Here.](https://www.algorand.com/ecosystem/use-cases) > > **Main Conclusion:** ALGO is already being deployed for large-scale and institutional solutions - despite only launching \~2y ago. ***** Would you like to learn more? [Click here](/r/CryptoCurrency/comments/ovmttc/rcc_cointest_coin_inquiries_algorand_proarguments/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Algorand) to find arguments on this topic in other rounds. Pros and cons per topic will likely change for every new post.
Been stackin for 2 years Might grab another 3000 ADA today
ADA, easy. It's got everything going for it. Even Iso 20022 compliant
 BTC ADA 😎😎
ADA keeps doing something at last... not a "stablecoin" anymore. Above 40 cents maybe is too much to ask...
I’m more of a cardano guy myself. I find the tech is just better, more affordable, faster, just all around better. I looked at btc and eth like Netscape browsers or the rotary phone. Why use tech that’s slower, more expensive, and less features? I still wonder why so many people are so balls deep into eth and btc when ADA is here lol
i have no XRP but I always appreciated it being in top10 list for such a long time despite the lawsuit, delistings etc. If I'd add one more coin to my crypto-trio portfolio (BTC, ETH, ADA), it would be XRP.
I agree, yeah, fcuk the SEC!, and not just XRP but buy ETH and BTC too! (BTW, While you're at it, buy ADA too!) Lets show them! Lets send these coins to Moon, man!
I feel like he knew that by creating a currency whose intent was to disrupt the current financial mechanism would not only make him a target, but that his presence could steal some of the shine from BTC (as we have seen happen with ADA, for example)
Finally some positive on ADA!!
Thats pretty much nothing. ADA has been in this range for 0.2-0.4 USD range for basically a year. Nothing against ADA, bag holder here. Just not optimistic on any movements till it actually moves.
I’m like 85% BTC and ETH, 15% ADA and MATIC Although I’ll admit to occasionally buying some additional alts I find interesting. I recently made a nice 3-4x return on the RNDR I bought last fall which felt great after so many cold bearish months.
Wow! I was here yesterday. Our ADA holders were crazy.
Where is my ADA holders? Why so quiet? Are you still buying and holding?
Xrp, algo, ADA and Link have a double digit increase today
Altcoins, yes, memecoins and shitcoins, no. Its not guaranteed but having some exposure to a few alts will allow you to benefit from those crazy pumps. The issue is selecting those and knowing when to cash out. I'm a bag holder of ATOM so I'm partial but ADA and MATIC are likely to grow as well. DYOR, NFA, yada yada
I was very top heavy in ALTS like ADA, VET and XRP which I bought during the last bull.... It didnt get to make any profits and ended up holding the bags. Since the Bear I started DCA-ing into BTC only and now my portfolio is 50% BTC and roughly 40% Highcaps (I don't own ETH). I'm much more satisfied with this and feel more at ease knowing that BTC is no going away and still being able to 'gamble' on ALTS for the next bull. And if I'm honest it really feels like gambling now (which I didn't think during the previous bull when I stepped into crypto). BTC just gives me a sense of security. Especially with the current economic climate and the banks.
I just stick with ADA because I like to get f\*cked 
In an age when DOT had viable use cases and competing services much faster than the master vision that is Cardano... ...I'd pass on ADA. No bashing, I'm going to be glad when it's finally done; it's just that the waiting is getting too much.
#Polygon Pro-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the Polygon Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. Submit an argument in the Cointest yourself and earn Moons if you win. Moon prizes are: 1st - 600, 2nd - 300, 3rd - 150, and Best Analysis - 500. > **Background - Polygon is many-sided**. There's the main Polygon PoS network that acts as a sidechain to Ethereum, and then there are so many side projects, many of which deal with Layer 2: > > - MATIC: The main Polygon token, which is present on multiple networks > - Polygon PoS: The main Ethereum side-chain network that most are familiar with. It saves checkpoint state on the Ethereum network every [256 blocks (5 minutes)](https://research.binance.com/en/projects/matic-network). > - Polygon [Hermez](https://docs.hermez.io/#start-here-for-hermez-10-documentation): ZK-rollup Ethereum Layer 2 > - Polygon [Zero](https://blog.polygon.technology/introducing-plonky2/): A fast ZK-stark/ZK-snark hybrid solution built on the Plonky2 protocol. It proofs are theoretically [100x faster than current ZK proof calculations](https://blog.polygon.technology/zkverse-polygons-zero-knowledge-strategy-explained/). > - Polygon [Miden](https://blog.polygon.technology/polygon-announces-polygon-miden-a-stark-based-ethereum-compatible-rollup/): Stark-based ZK-rollup Ethereum layer 2 > - Polygon [Nightfall](https://blog.polygon.technology/zk-proofs-protocol-polygon-nightfall-launches-on-testnet-to-provide-low-cost-private-ethereum-transaction/): Enterprise version of Polygon that uses "ZK-Optimistic Rollups" (ZK proof for privacy and optimistic-rollup for scalability) > - Polygon Avail: Standalone network or side-chain solution > - Polygon Plasma Bridge: A legacy bridge that shouldn't be used anymore. > > This post will mainly focus on the Polygon PoS network. > > ------------------ > > **PROs** > > **Much faster and cheaper to use than Layer 1 Ethereum** > > The main benefit of using the Polygon PoS network is that it's an Ethereum side chain that provides faster and cheapers transactions for Ethereum tokens. It can process 1K-10K TPS with a [2-second average block time](https://polygonscan.com/chart/blocktime), which also has deterministic finality. The base fee is only 30 Gwei, and the total transaction fees hovers between [$0.1 to $0.5 USD](https://polygonscan.com/chart/transactionfee) (~4M transactions, ~30k total MATIC fees per day). > > This is also much cheaper than [optimistic rollups](https://l2fees.info/). > > **Largest Layer 2 network adoption** > > Among all the Layer 2 Ethereum solutions, Polygon PoS is completely ahead of every other competitor in terms total locked value with a [$4.8B USD market cap](https://defillama.com/chain/Polygon) (Jan 2021), compared to [$5.4 USD **Combined** Total Locked Value (TLV)](https://l2beat.com/) for the next 10 largest Layer 2 rollup solutions. Note that this does not include the $12B market cap of the MATIC token since that's a coin/token on multiple networks. DeFi support for Polygon is massive. > > One of the main issues with Layer 2 is that most are currently walled gardens with lackluster CEX/CeFi support for on/offramps. After all, the main benefit of lower fees on Layer 2 is lost if you can't on/offramp directly. Polygon is also ahead of competition here with support from Crypto_dot_com, Nexo, Binance (international), and Kucoin. Celsius Network will also have support mid-February. > > Polygon PoS is the only other large network besides Ethereum currently [https://support.opensea.io/hc/en-us/articles/4404027708051-Which-blockchains-does-OpenSea-support-](supported on OpenSea). > > **Weak competition** > > There are so many Ethereum Layer 2 competitors, but nearly all of them are rollups. Polygon PoS works differently in that it's a separate network where the state of the network is stored on Ethereum every 256 blocks. Thus, it doesn't directly compete with them. > > In addition, it also doesn't compete directly with Ethereum killers (ALGO, SOL, ETH, ADA, EGLD, etc.) in that it's designed as a side chain specifically for Ethereum. It shares popularity and as Ethereum grows. > > **Shares Ethereum developer tools** > > Polygon and Ethereum share similar EVM development tools (including Solidity and Vyper), so it's easy for Ethereum's large number of devs to develop for Polygon. > > Many Layer 2 rollups have yet to roll out EVM support while Polygon PoS is already battle-tested. > > **Abundance of research** > > For better or worse, Polygon is working on multiple Layer 2 solutions and constantly researching different protocols. Polygon Zero in particular provides [extremely-fast ZK proofs](https://blog.polygon.technology/zkverse-polygons-zero-knowledge-strategy-explained/), and its technology might become the future leader for ZK rollups. > > ------------------ > > Disclaimer: I currently do not own any MATIC. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/qk4yjj/coin_inquiries_round_polygon_proarguments_november/) to be taken to the original topic-thread or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Polygon) to find arguments on this topic in other rounds. Pros and cons per topic will likely change for every new post.
ADA finally woke up from hibernation
XRP, ADA and Link making a run for it.. not exactly sure what to think of that. Usually not the projects with a lot of price movement
That is exactly what I try to do. I have 65% BTC and ETH. Another 25% in projects such ATOM, MATIC, ADA, and a 10% in other projects I find idiosyncratically interesting such as API3, Hive, TEZOS and some others. Note: no big budget, and I only invest what I can.
ADA I never stopped loving you!
Where is my ADA family? A good day for US
tldr; Cardano ADA/USD co-founder Charles Hoskinson debunked the idea that cryptocurrency was to blame for the banking crisis. Hoskinson said that digital assets have become an "escape valve" for those affected. He also highlighted the irony of Credit Suisse's current troubles, which come despite its persistent disapproval of cryptocurrency. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
As a long term strat. I'm in BTC and ETH Short term I trade ADA and XRP. Nice profit taking this year 🤘 Focusing on just 2 alts has for me easier than trying to reach for the moon with a mixed bag.
I prefer BTC and ADA out of the holy trinity.
Charles is shilling ADA for next bull run :)))
uh oh ADA XRP is pumping, its not looking good.
Why is stable coin ADA up by 13%. Is it stupid?
lol same - I moved all my ADA holdings into ATOM because I feel like it has more of a future. Crypto once again fucking me in the ass as soon as I decide to make a move.
Why is ADA pumping? I'm scared.