NVT Network Value Transactions Ratio for all smart Blockchains with data & Bitcoin : for ADA lowest lines, ETH Pink, BTC blue, XTZ yellow, MATIC white, BNB red. (why is ADA 10 times lower as the rest? ) (adjusted transaction volume, probably for UTxO also)
Yeah but it mostly centres on how much it cost to run a node and difficulty to stake. Alot of other POS blockchains cost a fraction of the price its costs to run a node on ETH and also people participating in the decentralisation of these chain for example 73% of cardano's ADA is staked and 76% of tezo's XTZ, with minimum ease to participate in the network. Decentralisation is still a problem in every blockchain but as the dust has now settled from the merge it appears ETH has alot of work to do to catch up and hopefully following updates will address this.
Ok, my user XP since 2020 with crypto ... Bought ADA and another bunch , realised very fast that Cardano was the only stable income for just delegating my bag to some undersaturated spo. Eth - couldn't move , stake or do anything with it due to ridiculous fees ... then Buterin came out and said - Maybe its normal to pay such fees when trying to make money ... ok, i'm far from Making money wity dca strategy, it's at least a long game. So i've been dca-ing for 2 years now ... gues what changed, nothing... Ada bag is still the only solid reward producing bag , all the rest had changed system like Algo, Eth has to high minimum ownership , i mean 32 eth is a joke for the end game retailer who buys hundreds of bucks maybe a month. So , in the end , aside uitility , which they all have if adoption is interested , as an end game retailer with entry lvl money set aside from my salary, it's a god damn Fact for me , that Cardano pays off the best at this moment in time. Probably XTZ also works well , but the 8k minimum cap to gain voting/governance rights is to big again ... before i can make 8k xtz , i'll have tripple the Ada bag with serious compounding effect on rewards. The bulk users don't know and honestly don't care about all that technical mumbo-jumbo that i need a month to study just to understand the fine differences between one Cardano dPoS and and Eth current PoS ... but what i can do successfully, is have the User experience... and in that department Cardano takes the cake by a mile ... i literally had 0 issues with Cardano in my 2 years crypto hiatus , possibly the only chain with 0 wooes ... Algo fucked me with the Yieldly farming, if it never recovers ... so huu-fucking-ray for ASA's de-fi style that wrekt basically anyone who got into Yield farming and some in the LP section. Trust me, the Bulk will follow the most solid and non problematic Pay Out ... not the most de-fi environment ... that's slowly becoming a side point with all the Governments pushing towards dedicated DA's.
ADA is serial vaporware. It has promised the world since it was created but still has the worst performance of any modern blockchain. Other commenters are correct that you shouldn't sell to fiat, but I personally would strongly advise selling for another modern blockchain. ETH, BTC, ALGO, ATOM, XTZ, DOT, are all better options than Cardano. It was created by a salty reject from Ethereum who lied about going to school for his PhD and used to claim he was Satoshi, jumped out of Blackhawk helicopters, and other weird lies.
>I'm not in a position to set up a cold wallet Maybe check out Exodus then, soft/hot wallet, and you can stake some crypto on their, like ADA/XTZ/ATOM as well as ALGO governance commitment. Otherwise, you can always look at whatever native hot wallets certain crypto has.
I wasn't looking at the exact moment, but almost the entire market was green. Pretty sure a lot were at or above 3%. So yeah, you could have bought almost any alt yesterday. XTZ however looks like a better project compared to many alts.
You cannot just leave out the market position of the L1 if you are comparing. The ETH ecosystem is secured by the ETH hash power now and soon, TVL on L1. But even if we allow the skewed comparison, according to Defillama, Arbi and Opti are #6 and #7 based on TVL, and the only ones really growing over the last month, the rest is going nowhere, things like AVAX and SOL are cratering, ALGO is an also-ran, XTZ doesn't even try at #44. That leaves BSC and TRX which both are super shady
So far I’m staking mainly ATOM, ADA and SOL with some TRX and XTZ on the side. Tried DOT but all the validators process was not for me. I’m always staking from wallets not exchanges so I don’t know about what they could offer.
Bender, I only have good things to say about baking bad. I have been with Tezos since ICO, I have used your baking services and have seen the work that you have been doing with XTZ. This forfeiture without due process goes against everything crypto stands for. You may want to consider moving business operations to be based in USA. The fact that some of these people are applauding this unfounded seizure blows my mind. OP has done what appears to be legitimate business. I am also concerned that Binance liquidated the account. Something like this the funds should stay restricted, until the legalities have been sorted out. Remember it may one day be you on the bad end of an exchange "seizure'.
in XTZ you can delegate non custodially as well also on OP's question and XTZ, liquidity baking is a new way of staking on xtz, likea liquidity pool but on protocl level, currently only xtz/tzBTC but i believe it might get usdt pair in the near future
That might be true but I’m just not clear on how that front end for a nice offering makes tezos better than ETH. ETH and XTZ are operating systems. What your saying is you prefer google maps over Apple Maps. I do too. I fucking love google maps but Android (the operating system) is trash. iOS is much better. You see the difference? Google maps != android.
DCA is the safest approach! Surely the not the most profitable but it's almost for sure profitable on the long term, special if there's a bias towards large caps!! My take is about 60% between BTC and ETH, 20% among large caps (DOT, ADA, XTZ, etc) and 10% among small caps (DIA, URUS, QTZ, etc). The remaining 10% I like to keep in stablecoins in case of a major dip!
That's not quite the case though. Just because there's more opportunies to be had in alts and I personally prefer L1 projects like ETH, DOT, XTZ etc doesn't mean I wouldn't have stuck with BTC had those not existed. And I'm sure that applies to most people. Sure, the meme - get rich quick - crowd wouldn't stick around, but if there were fewer alt coins then BTC dominance wouldn't even be a thing. It would be the only thing. Which is probably why so many BTC maxi's want to see other projects die, because they've put all their eggs in one basket.
I have BTC and XTZ in atomic wallet. ETH and AMP in metermask. ATOM,JUNO OSMOSIS in keplr wallet. ALGO in myalgowallet. I know ledger is more secure,my question is are these wallets I have assets in safe? I only interact with these wallets on a laptop which is solely used for this purpose.i never use the laptop for anything else. Can ledger support all my assets on the relevant wallets for staking purposes?thanks.
Weird question but OK: Tezos and Cosmos. XTZ seems to be future-proofed and somehow, despite all odds, has a growing user base despite the Tezos Foundation not really having its shit together until this last year. Things seem to be improving all the time, upgrades seem pretty effective and the ecosystem is growing. The XTZ token isn't a money replacement like BTC though so I'd cheat a bit and use it to provide liquidity to a dex. ATOM has the same issue in that I don't see the ATOM token itself hitting life-changing highs but the ecosystem around it and the interconnected but independent blockchains idea appeals. I already stake the ATOM token but again would make use of Osmosis dex and so on to provide liquidity. In both cases I would look for an LP option of the base token and a fiat or BTC stablecoin, preferably a crypto collateralised one rather than a centralised one but I'll consider either. I guess I wouldn't really buy two tokens, I'd buy into two ecosystems and look for LP opportunities. May be cheating but whatever. You already banned me from BTC so I would look more at utility than capital growth/ use as money. That said, LTC interests me with the new MWeb feature.
Not from here it's not going -99%. Not unless it dies, but as for a buying opportunity, you're kind of there or a bit lower. A lot of coins are in a good buying space right now to historical ATH, thinking of ones like LINK, VET, ADA, YFI, XTZ. Happy trading. May the profits be with you. ✋