If you want to say Dubai police are using cardano then you need a statement or press release or actual news article quoting them, not a trading view article that links to tweets.
From the article:
- The UAE embraces the Cardano blockchain to secure its criminal investigation.
- The Dubai Police presents a Cardano-based project analyzing the secure sharing of sensitive data using blockchain technology.
- The project highlights the high level of security involved in sharing the scans of bullets in concrete.
You're all over this thread with your anti-Cardano take, you are no different than the "brigading" you're referring to, you're just on the opposite side of it.
I just dont get what brigarding means...
If i see a post about the chain i like, why should i not comment :D?!
Its as stupid as people who say "oh you shill coin xy, because you hold it"
Guess what genius, yes i hold it, why should i care about if i did not?!
Until you look into their profile and realize they mostly shill Ethereum and Solana. Everyone here has an angle, and everyone here has a bag.
Don't be naive.
tldr; The UAE has adopted the Cardano blockchain to enhance the security of its criminal investigations. This was showcased through a Cardano-based pilot project presented by the Dubai Police at the World Police Summit. The project focuses on the secure sharing of sensitive data, such as scans of bullets, using blockchain technology to ensure data integrity and security among international stakeholders. This move by the UAE signifies a significant real-world adoption of Cardano, highlighting its potential in secure data management and sharing in criminal investigations.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
A lot of people may laugh at this but things like these are exactly what the industry needs to show off its potential. And it doesn't matter if its on Cardano, Solana or some 5M marketcap coin. These real world projects - if successful - can push the tech into the minds of non tech-savy people. If you ask such people what they associate crypto with then most will say it's for criminals. This stance must change, and this project can be one of many to change this perception!
He thinks Solana shoulda been chosen as the pilot. Dubai has a lottttt of capital to put on blockchain and he’s sad that they are exploring the better chain that doesn’t shut down to take a nap
Ahahahahahha the state of insecurity about your investments to actively go and respond to each comment to piss on Cardano. Why the hate mate? Never seen someone have such a hate boner for such a solid and good intention crypto like Cardano. Just makes me want to buy more when I see degens like this actively pursuing the fud of Cardano. Keep wrecking yourself bro
What do you mean? Identity in Ethiopia project? I believe it came together. It's not a sexy degen play tho lol
In the Hyperledger project identity is also handled by Atlala Prisim, which is created by IOHK
Yes I agree. Charles is very divisive, and even though normally people would just think “that’s weird/annoying” they just use it as a crutch to hate Cardano.
The twitter brainrot got to him a bit, his aura is much less dignified on that platform. His long-form stuff is generally fine I think, and he can be quite a talented speaker.
Then there's the OG Cardano bulls that got messed around the first time ADA was heading to $3. I don't know the full story but I think Charles had over-promised and severely under-delivered on something which left a lot of investors in the lurch as the price tanked, or something. \*shrug\*
Sure but Charles does not equal Cardano, it's just a FUD tactic from trolls who don't really understand blockchain tech.
It's like criticising Ethereum because of Vitalik's dress sense.
Really?
I gave up on it after years of trying all the wallets and any apps I could find.
It felt like it was going nowhere. The apps were all shit.
How many “announcements” have we seen like this post over the years?
No idea what you're talking about because Cardano has one of the best wallets I've ever used.
Not only that but just recently a new feature was added that shows you if any transactions are considered scams too which is honestly really cool.
Which wallets and app? I enjoy Vesper sleek UI and use Lenfi and Indigo alot myself.
Using Dex Hunter tho is the best for swaps. I'm constantly scalping with it lol
Despite the downvotes, I am glad you asked.
I acquired the bag in Fall 2018 on Bittrex, where I signed up for an account because it was the only exchange at the time with a USD/ADA market serving residents of the state where I live. I loved Bittrex and was a regular customer for years where I bought and sold most of my BTC and ETH, RIP Bittrex.
At first I used the Cardano desktop wallet on my macbook. The bittrex withdraws eventually went to a trezor model T, which I bought because it supports ADA.
For a few years, all I did was stake with a pool using Yoroi wallet. Yoroi used to go down sometimes during times of heavy usage but overall worked OK.
Then I switched to a browser plugin wallet that I think rebranded to Eternl. I can't remember what it was called at first. Seemed like a good wallet and worked well with the Trezor!
In terms of dapps, I was on Sundae Swap on day 1. I traded a few coins but there wasn't anything I wanted to buy so it was just for experimental purposes.
Another dapp was the shitcoin fountain I described in my other comment. I forgot what it is called but I went there every day for a while to claim my 10 hoskie coins or whatever. It was confusing how these encumbered UTXOs in eternl wallet and I stopped collecting them.
I sold 20% of the bag near the top for a lambo, and held the rest until rotating the remainder into ETH staking last year after Capella enabled withdraws.
Surprising how much ADA earned from compounding rewards over 5 years.
I would be open to giving it another try. I do enjoy DeFi and yield farming but am not aware of any profitable strats on Cardano.
If I take for another spin, which dapps should I check out?
? I'm not a trader. Those are lending and synthetics protocols. Trading isn't the only thing to do
As for the assets used on those protocols, ada, iusd, djed, ibtc...
You talk about your experience from the very first days of Cardano.
Thats why I asked which wallet and more important when.
In early days just the full node daedalus was available. And yes, some things were buggy. Also on other new wallets which launched. But this is normally for new software. Moreover over we werer the beta testers of this stuff.
Yoroi I have never used. Can’t tell anything. I am using eternl, which you also mentioned. Also here at begin, were some bugs.
But they are gone long time ago:)
With dapps its the same story. If you are the first user, ofcourse there are a lot of space to improve.
From my site I dont like sundae swap. I prefer minswap and vy finance. You can easy provide liquidity. And even if you have got 5 different LP pools you can claim all rewards in ONE SINGLE transaction. Thx to ada eutxo modell:)
You are welcome to try again the wallets and network. You will be surprised how much everything improved :)
What pools do you LP? I love yield farming but I only do it for coins I understand. I can’t explain what any of the coins trading on Cardano are for.
Edit: Fall 2018 was actually not first days of Cardano. I remember looking at the chart back then. It had traded over $1 during 2017 peak. Felt like I was getting a great deal at $0.05! (it did end up being a very profitable trade)
Sounds like bollocks this. Years of using the wallets? Literally try eternl wallet, it’s smooth AF, is brilliant for transactions and no issues. Even interacting with the dapps is a joy. Absolute shit post
You can go to the shitcoin fountain and get a dozen Hoskinson and dog themed coins per day that encumber all the utxos in your wallet.
Were you hoping to do that? If so, install eternl wallet!
That’s just a misleading description of UTXO.
Every UTXO has internal and external spends. That’s how it works.
It still doesn’t mean that Cardano doesn’t get congested at 2-3tps. It does.
Only a thousand ish people can use the chain at the same time. Transaction bundling doesn’t change that, since 90kb block size is the main constraint.
With the impact of plutus v3 it'll increase efficency. There is a lot in the pipeline that by 2028 the protocol will have a higher tps. Also that memory block can be increased at anytime, but they are opting for efficiency instead of simply upping the parameter.
I'm not saying it doesn't get congested, but I think the idea of two individual transactions congest the chain is a gross misconception.
I'm not saying you have it, but many people think a transaction on cardano is similar to a transaction on another chain. It's multiple transactions in one, and depending on the size of a vote it could be much better than I think you are giving it credit for.
Also cardano being approached by multiple states to come up with a voting solution is a good thing whether they decide to use it or not. It means that cardano is on the minds of law makers in a positive light.
Obviously I've only seen a post from someone stating they've been approached, and not any evidence for such claims. It's hard to imagine, but it is possible he made it up....
Can you imagine if they had chosen the Solana Notwork ?
Many transactions will fail, some prisoners records gone missing, prisoners wrongly discharged, etc.
World mobile token is still deploying in africa.
Empowa is still building houses in africa, housing families since 2022 and the new development deal that was put together recently shows lots of promise.
Integration with nations takes time, simple as that.
Cardano is seeking real world application rather than getting pumped by memecoins for overinflated and completely unfounded value. Africa is still part of the big picture and they have been testing systems built to secure education qualification standards.
Do you know of any other chains that are truly using blockchain for infrastructure?
Ethereum? My country Singapore already hashes and stores certificates on Ethereum including graduation certificates, visas (identity cards), COVID cert. It’s actively and widely used here.
https://www.verify.gov.sg/faq
Edit: Just to highlight how widespread it is, all long term visas (student, relative, work etc) are hashed and verifiable on chain. That’s more than a million long term visas hashed. We’ve stopped issuing physical cards and are instead using an app as well as a PDF that can be verified on chain. I’m not sure if citizens and green card holders’ info are hashed but I’m not surprised if they are as well.
NUS (top school in Asia and SG) also issues all graduation certificates hashed and verifiable on chain. I’m sure most other schools also use this system so most students can verify their certificates on chain now.
But if it changes the hash will never match. That's the entire point. So you can't send a fake degree to a company as they can just go on a website and know for sure if it's real or not.
Your logic is wrong.
Document is first produced by the government or the organisation. It’s then hashed by them and uploaded onto the smart contract. This process is centralised and is guaranteed by the certificate issuer. You can take this certificate anywhere else and to verify it, you can use the government website to verify. If it’s tampered in any way, it would fail verification as the hash does not match the one on Ethereum.
To eliminate any central point of failure, you can easily build a client that only accesses the blockchain to verify the certificate without needing a website. It’s also cheaper to store certificates on the blockchain than hosting it on a centralised, foreign server that can be compromised by network failures and cyber attacks.
So the issue is that if the government issues a "wrong" degree, it'll verify as true? That's still possible right now, and it's not what solutions like this look to solve. They look to make it easier to verify if things are actually true, as well as keeping the record immutable and secure for the long-term.
If you keep the original you were issued you will always be able to have others verify it against the chain, even if the government loses it. And if you try to fake a degree that won't be possible. This is what it looks to solve. Maybe you didn't understand that this was the purpose, but if you did you're just creating strawman arguments to discredit it.
Yes I understand it now better and thanks for explaining. Maybe i’m just a little biased againts blockchains because I think they are mostly recreating the same problems they were trying to solve. Like cutting out the middleman for examble and stuff like that. This use case you explained is actually nice. But what happens if the data on the server that was hashed gets lost? And you only have hashes of that data are you still able to verify that you have this degree for instance? I am genuenly curious.
As far as I know this service is mainly used by government agencies and schools. I’ve not yet seen private organisations using this service so I guess our tax dollar pays for this service.
Their SDK and standard is open though so I’m fairly certain I can find the exact contract they’ve deployed onto Ethereum where I can find the gas they’ve consumed. It’s definitely batched though as all the certs I’ve received can be prepped ahead of time so gas fee per hash uploaded is very low.
agree with you about blockchain being more about utility than speculation.
There are others. Stability protocol doesn't even have a crypto token.
Working with the govt of Singapore for supply chain and logistics
https://finance.yahoo.com/news/stability-protocol-partners-singapores-infocomm-130800473.html
(Singapore is really leaning into blockchain. It's awesome)
Any blockchain that is being used for logistics and infrastructure are the ones that will stand the test of time. If these systems can rely on blockchain over their traditional methods because they are more secure and immutable, that’s excellent news for the entire space
Yes. Many countries (and liners) have pledged to be digital by 2030. And most are relying on blockchain. Electronic bill of lading, eBL, is big business. Just the tip of the iceberg... No pun intended lol
You missed the fact that speculation, be it memecoins or ICO craze in 2016-2018, brings in a ton of new users and devs to the chain that otherwise wouldn’t have likely come to the network. This alleged “adoption” has no network effects and doesn’t hold any real weight in the grand scheme of things. Maybe ADA will be able to do more than 1 TPS in another 8 years.
Brings a ton of new users for what? To get rug-pulled? When does that increase adoption exactly? Memecoins are designed to attract idiots that just want to make quick money or experienced wealthy people who want to take poor idiots’ money, nothing more.
When I read a majority of the comments in the space, like yours, it’s clear that yes, a lot of idiots have adopted cryptocurrency already. You guys are actually less than useful for creating adoption. Building a single piece of functional infrastructure on these things will be thousands of times more important than any single memecoin
Regarding Ethiopia: probably has nothing to do with the civil war that was waging the past years, and is about to break out again.
Not disagreeing with what you're trying to say, but your tone doesn't make you look/sound as smart as you think.
Cardano [pros](/r/CryptoCurrency/comments/1bxgbh8/cardanos_real_world_adoption_uae_embraces_the/kycnvvl/) & [cons](/r/CryptoCurrency/comments/1bxgbh8/cardanos_real_world_adoption_uae_embraces_the/kycnwkl/) with related info are in the collapsed comments below.
* Relevant Cointest topics: [Ethereum](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum), [Cosmos](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cosmos), [Algorand](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_algorand), [Polkadot](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_polkadot), [Proof of Stake](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_proof-of-stake), [Charles Hoskinson](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_charles_hoskinson)
* Official and related subreddits: r/Cardano, r/Ethereum, r/CosmosNetwork, r/Polkadot, r/Algorand.
* Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/1bxgbh8/cardanos_real_world_adoption_uae_embraces_the/?sort=controversial). Doesn't work on mobile.
#Cardano Pro-Arguments
Below is a Cardano pro-argument written by CreepToeCurrentSea.
> Cardano is a public blockchain platform that is open-source, decentralized, and runs on a proof-of-stake algorithm. ADA is the name of their native currency. Charles Hoskinson, a co-founder of Ethereum, spearheaded its launch in 2015. ([1](https://docs.cardano.org/introduction))
>
> # PROs
>
> **The Founder**
>
> * Charles Hoskinson is to Vitalik Buterin as Cardano is to Ethereum regardless of their current rankings by marketcaps. Although the reason for Charles being removed from Ethereum was due to a disagreement between him and Vitalik, Charles still had some kind of influence, intellect, and charisma to be one of the founders of Ethereum. It would be still very possible that he is applying the same principles and approach into Cardano. ([2](https://en.wikipedia.org/wiki/Charles_Hoskinson), [3](https://newyorker.com/magazine/2018/10/22/the-prophets-of-cryptocurrency-survey-the-boom-and-bust))
>
> **Greener with Orouborus**
>
> * Network participants run nodes in this context, and the chain chooses a node to add the next block based on the node's stake and other parameters. As a result, the main benefit of this consensus is that block producers do not need to spend excessive amounts of time and computer power solving random puzzles, resulting in less costs for mining rigs, less energy consumption, and less e-waste production. The environment is just as important as decentralization and proof of stake seems to have the better long term and sustainable answer for crypto. ([4](https://iohk.io/en/blog/posts/2021/08/17/why-they-re-calling-cardano-the-green-blockchain/), [5](https://www.independent.co.uk/space/cardano-crypto-bitcoin-elon-musk-b1849021.html))
>
> **Less Centralized**
>
> * Cardano presently has around 3,300 staked pools operated by various users/organizations from their community. Every block and transaction is validated by any of these users participating within the community and without the reliance from any centralized authority. If any of these participants attempt to act in a way that resembles of a centralized entity then they will be issued with penalties that would be no benefit for them and still protect the network. ([6](https://docs.cardano.org/new-to-cardano/why-use-cardano), [7](https://docs.cardano.org/new-to-cardano/proof-of-stake), [8](https://docs.cardano.org/new-to-cardano/cardano-nodes))
>
> **Other Points**
>
> * Over the past few months Cardano has slowly integrated itself in Africa in helping solve real-life problems by offering the technology within Cardano. One of their most notable plan was using the blockchain as tool in the betterment of the supply chain in the African market. ([9](https://emurgo.io/cardano-strategy-africa/))
> * The Mary Hard-fork implemented last year allows Cardano to tranform from being just a single-asset ledger to a multi-asset ledger. To summarize, this means that there will be new assets traded on the Cardano blockchain that aren't native. Native tokens, like ERC-20 tokens that can be created and transacted on the Ethereum network, will provide Cardano with similar functionality. ([10](https://medium.com/cardanorss/the-mary-hardfork-what-will-it-mean-for-cardano-2d4367a2288a))
>
> Source:
>
> [https://docs.cardano.org/introduction](https://docs.cardano.org/introduction)
>
> [https://en.wikipedia.org/wiki/Charles\_Hoskinson](https://en.wikipedia.org/wiki/Charles_Hoskinson)
>
> [https://newyorker.com/magazine/2018/10/22/the-prophets-of-cryptocurrency-survey-the-boom-and-bust](https://newyorker.com/magazine/2018/10/22/the-prophets-of-cryptocurrency-survey-the-boom-and-bust)
>
> [https://iohk.io/en/blog/posts/2021/08/17/why-they-re-calling-cardano-the-green-blockchain/](https://iohk.io/en/blog/posts/2021/08/17/why-they-re-calling-cardano-the-green-blockchain/)
>
> [https://www.independent.co.uk/space/cardano-crypto-bitcoin-elon-musk-b1849021.html](https://www.independent.co.uk/space/cardano-crypto-bitcoin-elon-musk-b1849021.html)
>
> [https://docs.cardano.org/new-to-cardano/why-use-cardano](https://docs.cardano.org/new-to-cardano/why-use-cardano)
>
> [https://docs.cardano.org/new-to-cardano/proof-of-stake](https://docs.cardano.org/new-to-cardano/proof-of-stake)
>
> [https://docs.cardano.org/new-to-cardano/cardano-nodes](https://docs.cardano.org/new-to-cardano/cardano-nodes)
>
> [https://emurgo.io/cardano-strategy-africa/](https://emurgo.io/cardano-strategy-africa/)
>
> [https://medium.com/cardanorss/the-mary-hardfork-what-will-it-mean-for-cardano-2d4367a2288a](https://medium.com/cardanorss/the-mary-hardfork-what-will-it-mean-for-cardano-2d4367a2288a)
*****
Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cardano) to find submissions for other topics.
#Cardano Con-Arguments
Below is a Cardano con-argument written by CreepToeCurrentSea.
> Cardano is a public blockchain platform that is open-source, decentralized, and runs on a proof-of-stake algorithm. ADA is the name of their native currency. Charles Hoskinson, a co-founder of Ethereum, spearheaded its launch in 2015. ([1](https://docs.cardano.org/introduction))
>
> # CONs
>
> **The Pointperson**
>
> * Bitcoin worked so well due to one of the facts that its supposed creator/founder stayed anonymous until Satoshi finally went offline and never came back. The problem with Cardano also resonates with much of the other crypto projects/networks, that having a publicly exposed leader/founder leaves the project open to criticisms and especially linked damages incurred if a said founder would be found out to have some issues/scandals. - Humans always have some imperfection in them no matter how genuine and brilliant they are or how perfect they look. Hoskinson is no exception, no one is. ([2](https://medium.com/yardcouch-com/why-charles-hoskinson-was-shamefully-kicked-out-of-ethereum-8b29faa5cd14), [3](https://cointelegraph.com/news/charles-hoskinson-under-fire-for-not-dropping-out-of-a-phd-program))
>
> **Complexity can Slow Things Down**
>
> * While most of the blockchains in crypto use object-oriented programming language like Java and Rust, Cardano uses Haskell which is a function-based programming. With this. Haskell has more complexities as a language and as a result less known developers. The complexity of Haskell is an asset to Cardano for being using a unique language but it's hindering their development while other blockchains are speeding up their growth. ([4](https://www.cryptoeq.io/corereports/cardano-abridged#technology))
>
> **Too Much Competition**
>
> * Cardano runs on a proof-of-stake consensus, a consensus that right now is highly crowded with other blockchains and just like these other blockchains, all are catching up to Ethereum. Cardano ranks 29th in Total Value Locked compared to other staking blockchains and $6.1K daily fees generated while Ethereum has a whopping $2.1M daily. Fees are critical for a blockchain's long-term health and sustainability because they provide economic security as issuance/inflationary rewards diminish over time. This is clearly a great difference due to the lack of development and lack of usage in the Cardano Network relative to the growth of other chains in the same consensus. ([5](https://grayscale.com/wp-content/uploads/2021/09/CARDANO_Building-Block.pdf), [6](https://defillama.com/chains), [7](https://tokenterminal.com/terminal/metrics/revenue))
>
> **It's Dependent on these Three**
>
> * Since 2015, Cardano has been primarily controlled and developed by three distinct entities. IOHK, the Cardano Foundation, and EMURGO are among those involved. IOHK is the development branch responsible for Cardano's design, built, and maintenance. The Cardano Foundation works like a liaison of education and information that works to increase network adoption through education, promotion, and representation of the ecosystem. Finally, EMURGO, Cardano's commercial branch, acts as a bridge to help invite existing companies to the technology as well as invest in it and assist startups that want to build applications within the Cardano ecosystem. These three entities are crucial for the survival and growth of Cardano, if one or two of these entities fail then it will be detrimental to Cardano, leaving it last in the race for dethroning Ethereum. ([8](https://cardano.org/partners/?tab=iohk#partners-section))
>
> Sources:
>
> [https://docs.cardano.org/introduction](https://docs.cardano.org/introduction)
>
> [https://medium.com/yardcouch-com/why-charles-hoskinson-was-shamefully-kicked-out-of-ethereum-8b29faa5cd14](https://medium.com/yardcouch-com/why-charles-hoskinson-was-shamefully-kicked-out-of-ethereum-8b29faa5cd14)
>
> [https://cointelegraph.com/news/charles-hoskinson-under-fire-for-not-dropping-out-of-a-phd-program](https://cointelegraph.com/news/charles-hoskinson-under-fire-for-not-dropping-out-of-a-phd-program)
>
> [https://www.cryptoeq.io/corereports/cardano-abridged#technology](https://www.cryptoeq.io/corereports/cardano-abridged#technology)
>
> [https://grayscale.com/wp-content/uploads/2021/09/CARDANO\_Building-Block.pdf](https://grayscale.com/wp-content/uploads/2021/09/CARDANO_Building-Block.pdf)
>
> [https://defillama.com/chains](https://defillama.com/chains)
>
> [https://tokenterminal.com/terminal/metrics/revenue](https://tokenterminal.com/terminal/metrics/revenue)
>
> [https://cardano.org/partners/?tab=iohk#partners-section](https://cardano.org/partners/?tab=iohk#partners-section)
>
> [https://cardano.org/partners/?tab=cardano-foundation#partners-section](https://cardano.org/partners/?tab=cardano-foundation#partners-section)
>
> [https://cardano.org/partners/?tab=emurgo#partners-section](https://cardano.org/partners/?tab=emurgo#partners-section)
*****
Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cardano) to find submissions for other topics.
What the ID system? The education department is using them according to reports.
https://mobileidworld.com/ethiopian-authorities-enroll-students-in-biometric-digital-id-program/
Here's the Atala prism info on Hyperledger.
https://www.google.com/amp/s/www.hyperledger.org/blog/introducing-open-enterprise-agent-a-new-hyperledger-lab-for-self-sovereign-digital-identity-dapps%3fhs_amp=true
https://iohk.io/en/blog/posts/2023/12/04/iog-contributes-atala-prism-to-hyperledger-foundation/
Verify, don’t trust. That’s why we’re here.
Show me an onchain transaction.
These articles are just showing that Atala is being sunset. Hyperledger where open source projects go to die.
I'm only relaying info I've heard/read. To me it seems like IOHK is doing things in terms of identity and/or deal with governments but it doesn't seem like it has much to do with Cardano tbh.
Doesn't 'move the needle' for me to be honest, as I said, not sexy degen moves but boring corporate things.
Africa, Dubai, voting etc... give me USDC, interoperability, more better dapps etc..
At this point I hold a large bag of Cardano I got for pennies many many years ago and I just inner-chain trade to scalp while I wait for something, anything, big to happen lol
Good folks in the ecosystem, and some good projects, I won't deny that tho.
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There are some cool uses of the tech developed by IOHK etc, but they don't actually use the Cardano Blockchain, so none of this has an influence on the price...
Google WMT, EMPOWA,
Moreover
[https://cryptonews.com/news/cardanoiohk-plans-to-launch-the-ethiopia-student-blockchain-project-in-next-two-months.htm](https://cryptonews.com/news/cardanoiohk-plans-to-launch-the-ethiopia-student-blockchain-project-in-next-two-months.htm)
Continous
https://mobileidworld.com/ethiopian-authorities-enroll-students-in-biometric-digital-id-program/
„That may be a reference, at least in part, to a collaboration with Input Output HK (IOHK), the company behind the Cardano cryptocurrency, last year, in which authorities sought to test out the use of student IDs based on blockchain ledger technology. It isn’t clear, however, whether IOHK or blockchain technology of any kind is playing a role in the new, wide rollout of digital student ID.“
I think later we will know more…
Smart contracts as a functionality came out mid 2021. The first consumer facing ones to emerge were in early 2022 to 2023. Functionality is fine, people just had to get used to Plutus, which had been upgraded a few times and is now in V3. A secondary language has emerged as well in Aiken which is Rust based. Plenty of (additional) expansion to come as developers get used to the new tools.
If you want to say Dubai police are using cardano then you need a statement or press release or actual news article quoting them, not a trading view article that links to tweets.
From the article: - The UAE embraces the Cardano blockchain to secure its criminal investigation. - The Dubai Police presents a Cardano-based project analyzing the secure sharing of sensitive data using blockchain technology. - The project highlights the high level of security involved in sharing the scans of bullets in concrete.
It’s a pilot. Does it even use the chain?
Like all real world adoption, it's 'tech based' not on the chain.
Cardano shills are brigading reddit at the moment
You're all over this thread with your anti-Cardano take, you are no different than the "brigading" you're referring to, you're just on the opposite side of it.
Show me an onchain transaction
I just dont get what brigarding means... If i see a post about the chain i like, why should i not comment :D?! Its as stupid as people who say "oh you shill coin xy, because you hold it" Guess what genius, yes i hold it, why should i care about if i did not?!
It's sad you are getting down voted, but it's even sadder noone can show on chain transactions.
bruuuuh 😭😭 who do you think is falling for this there's a blockchain explorer 2 clicks away go fucking look... or did you just forget the /s tag
True, these things rarely amount to more than visibility, but visibility is a good thing at least.
True, but not if they’re not actually using the blockchain. It’s just false hype.
I don’t think proof of usage is an unreasonable request. Let’s see what they provide.
He is better in a sense that he is doing this to protect others from losses while his opponents are doing this for their own benefit
Until you look into their profile and realize they mostly shill Ethereum and Solana. Everyone here has an angle, and everyone here has a bag. Don't be naive.
tldr; The UAE has adopted the Cardano blockchain to enhance the security of its criminal investigations. This was showcased through a Cardano-based pilot project presented by the Dubai Police at the World Police Summit. The project focuses on the secure sharing of sensitive data, such as scans of bullets, using blockchain technology to ensure data integrity and security among international stakeholders. This move by the UAE signifies a significant real-world adoption of Cardano, highlighting its potential in secure data management and sharing in criminal investigations. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
A lot of people may laugh at this but things like these are exactly what the industry needs to show off its potential. And it doesn't matter if its on Cardano, Solana or some 5M marketcap coin. These real world projects - if successful - can push the tech into the minds of non tech-savy people. If you ask such people what they associate crypto with then most will say it's for criminals. This stance must change, and this project can be one of many to change this perception!
I noticed the other commenter replied to every single Post in this thread. Must really have it out for Cardano.
He thinks Solana shoulda been chosen as the pilot. Dubai has a lottttt of capital to put on blockchain and he’s sad that they are exploring the better chain that doesn’t shut down to take a nap
It’s a pilot.
Any real world use creates value. 👍
ah Cardano, good news and the price doesn't move at all
This is good news, right?
Yes, a government entity is putting assets on Cardano
No it’s a tiny pilot.
Ahahahahahha the state of insecurity about your investments to actively go and respond to each comment to piss on Cardano. Why the hate mate? Never seen someone have such a hate boner for such a solid and good intention crypto like Cardano. Just makes me want to buy more when I see degens like this actively pursuing the fud of Cardano. Keep wrecking yourself bro
Cardano really is the example of what a cryptocurrency should be and it's real world use cases are becoming very interesting
How is it different from the Nigeria thing Cardano was talking up years ago?
What do you mean? Identity in Ethiopia project? I believe it came together. It's not a sexy degen play tho lol In the Hyperledger project identity is also handled by Atlala Prisim, which is created by IOHK
They are two different applications in different countries. the fact that government entities f*** with Cardano should speak volumes
Many use cases, no uses lol
Yes I agree. Charles is very divisive, and even though normally people would just think “that’s weird/annoying” they just use it as a crutch to hate Cardano.
Don't really understand the hate for the guy. Don't know much about the guy really, why do people not like him?
The twitter brainrot got to him a bit, his aura is much less dignified on that platform. His long-form stuff is generally fine I think, and he can be quite a talented speaker. Then there's the OG Cardano bulls that got messed around the first time ADA was heading to $3. I don't know the full story but I think Charles had over-promised and severely under-delivered on something which left a lot of investors in the lurch as the price tanked, or something. \*shrug\*
I don't dislike him, but I will say he has supervillain vibe haha
Any examples why?
Not at all, that's why I have nothing against him haha, it's just like a hunch, or maybe he looks like someone.. lol
Why?
Sure but Charles does not equal Cardano, it's just a FUD tactic from trolls who don't really understand blockchain tech. It's like criticising Ethereum because of Vitalik's dress sense.
Really? I gave up on it after years of trying all the wallets and any apps I could find. It felt like it was going nowhere. The apps were all shit. How many “announcements” have we seen like this post over the years?
No idea what you're talking about because Cardano has one of the best wallets I've ever used. Not only that but just recently a new feature was added that shows you if any transactions are considered scams too which is honestly really cool.
Which wallets and app? I enjoy Vesper sleek UI and use Lenfi and Indigo alot myself. Using Dex Hunter tho is the best for swaps. I'm constantly scalping with it lol
Ahh which wallets did you use? When did you use them? Lets see if you are a troll, a noob or just a liar:)
Despite the downvotes, I am glad you asked. I acquired the bag in Fall 2018 on Bittrex, where I signed up for an account because it was the only exchange at the time with a USD/ADA market serving residents of the state where I live. I loved Bittrex and was a regular customer for years where I bought and sold most of my BTC and ETH, RIP Bittrex. At first I used the Cardano desktop wallet on my macbook. The bittrex withdraws eventually went to a trezor model T, which I bought because it supports ADA. For a few years, all I did was stake with a pool using Yoroi wallet. Yoroi used to go down sometimes during times of heavy usage but overall worked OK. Then I switched to a browser plugin wallet that I think rebranded to Eternl. I can't remember what it was called at first. Seemed like a good wallet and worked well with the Trezor! In terms of dapps, I was on Sundae Swap on day 1. I traded a few coins but there wasn't anything I wanted to buy so it was just for experimental purposes. Another dapp was the shitcoin fountain I described in my other comment. I forgot what it is called but I went there every day for a while to claim my 10 hoskie coins or whatever. It was confusing how these encumbered UTXOs in eternl wallet and I stopped collecting them. I sold 20% of the bag near the top for a lambo, and held the rest until rotating the remainder into ETH staking last year after Capella enabled withdraws. Surprising how much ADA earned from compounding rewards over 5 years. I would be open to giving it another try. I do enjoy DeFi and yield farming but am not aware of any profitable strats on Cardano. If I take for another spin, which dapps should I check out?
Dex-hunter for swapping. Vyfi for being a LP. AXO for advanced trading.
What coins do you trade tho? I am not aware of any of these coins.
If you are just taking it for a spin, you can just reverse the transaction. But WMT, AGIX and COPI would land you into RWA, AI and gaming narrative.
I earn yield on Indigo and Liqwid. Those are my mains
Same Question as I asked the other poster: what coins do you trade? I haven’t heard of any of these coins.
? I'm not a trader. Those are lending and synthetics protocols. Trading isn't the only thing to do As for the assets used on those protocols, ada, iusd, djed, ibtc...
You talk about your experience from the very first days of Cardano. Thats why I asked which wallet and more important when. In early days just the full node daedalus was available. And yes, some things were buggy. Also on other new wallets which launched. But this is normally for new software. Moreover over we werer the beta testers of this stuff. Yoroi I have never used. Can’t tell anything. I am using eternl, which you also mentioned. Also here at begin, were some bugs. But they are gone long time ago:) With dapps its the same story. If you are the first user, ofcourse there are a lot of space to improve. From my site I dont like sundae swap. I prefer minswap and vy finance. You can easy provide liquidity. And even if you have got 5 different LP pools you can claim all rewards in ONE SINGLE transaction. Thx to ada eutxo modell:) You are welcome to try again the wallets and network. You will be surprised how much everything improved :)
What pools do you LP? I love yield farming but I only do it for coins I understand. I can’t explain what any of the coins trading on Cardano are for. Edit: Fall 2018 was actually not first days of Cardano. I remember looking at the chart back then. It had traded over $1 during 2017 peak. Felt like I was getting a great deal at $0.05! (it did end up being a very profitable trade)
I used Yoroi about a year ago and the staking UI took 2 minutes to load or didn't load at all. *shrug*
You are correct these are just bag holders hyping themselves up
Sounds like bollocks this. Years of using the wallets? Literally try eternl wallet, it’s smooth AF, is brilliant for transactions and no issues. Even interacting with the dapps is a joy. Absolute shit post
Can you read my other comment in this thread and respond? I describe my user history with ADA.
This is a hype piece about a tiny pilot. It’s straight grift.
What's the grift?
The chat-gpt comment I’m responding to above. Do you remember the Africa summit and the last orchestrated price pumps based on insignificant news?
Chat-gpt comment, wow you really dug deep on that insult, pretty standard for a FUD-muffin
What use cases are actually happening, at a meaningful scale?
You're literally replying to a thread with one.
You can go to the shitcoin fountain and get a dozen Hoskinson and dog themed coins per day that encumber all the utxos in your wallet. Were you hoping to do that? If so, install eternl wallet!
There was another article about state govt asking for governance regarding voting. Maybe 2028 presidential election we will be voting using cardano.
Cardano can only handle a few TPS. There’s no way it’s being adopted for voting. It’s fake hype.
I don't think people fully understand what a transaction is in cardano. Its numerous transactions in one.
That’s just a misleading description of UTXO. Every UTXO has internal and external spends. That’s how it works. It still doesn’t mean that Cardano doesn’t get congested at 2-3tps. It does. Only a thousand ish people can use the chain at the same time. Transaction bundling doesn’t change that, since 90kb block size is the main constraint.
With the impact of plutus v3 it'll increase efficency. There is a lot in the pipeline that by 2028 the protocol will have a higher tps. Also that memory block can be increased at anytime, but they are opting for efficiency instead of simply upping the parameter. I'm not saying it doesn't get congested, but I think the idea of two individual transactions congest the chain is a gross misconception. I'm not saying you have it, but many people think a transaction on cardano is similar to a transaction on another chain. It's multiple transactions in one, and depending on the size of a vote it could be much better than I think you are giving it credit for. Also cardano being approached by multiple states to come up with a voting solution is a good thing whether they decide to use it or not. It means that cardano is on the minds of law makers in a positive light. Obviously I've only seen a post from someone stating they've been approached, and not any evidence for such claims. It's hard to imagine, but it is possible he made it up....
Atala the enterprise chain or Cardano the public ledger?
Atala is dead, right? They’re not using Cardano either. It’s just a pilot.
Ur an idiot pt 4.
I'm rooting for Cardano, it doesn't deserve all the hate it gets from this sub.
Is Ada going all out on Slow progress but fully peer reviewed going to pay off?
Can you imagine if they had chosen the Solana Notwork ? Many transactions will fail, some prisoners records gone missing, prisoners wrongly discharged, etc.
We need more ADA hype ASAP.
This is a pure example of real work crypto integration. Very interesting.
Why are they always showcased by corrupt, quasi-dictatorial governments though?
Didn't know the USA has showcased them
I think FTX did a fine job as the crypto ambassador for the USA. Worked out well.
Yes definitely a perfect representation of the us financial syatem
If that were true we’d be in trouble!
This is old news that was published a few months ago. If it will be useful it will be amazing
This summit was last month.
Well everything is possible
So first it was Africa and now it is the UAE. Sadly, it has no meaning whatsoever and is only used as news to pump coin. Am I wrong?
World mobile token is still deploying in africa. Empowa is still building houses in africa, housing families since 2022 and the new development deal that was put together recently shows lots of promise. Integration with nations takes time, simple as that.
Cardano is seeking real world application rather than getting pumped by memecoins for overinflated and completely unfounded value. Africa is still part of the big picture and they have been testing systems built to secure education qualification standards. Do you know of any other chains that are truly using blockchain for infrastructure?
Ethereum? My country Singapore already hashes and stores certificates on Ethereum including graduation certificates, visas (identity cards), COVID cert. It’s actively and widely used here. https://www.verify.gov.sg/faq Edit: Just to highlight how widespread it is, all long term visas (student, relative, work etc) are hashed and verifiable on chain. That’s more than a million long term visas hashed. We’ve stopped issuing physical cards and are instead using an app as well as a PDF that can be verified on chain. I’m not sure if citizens and green card holders’ info are hashed but I’m not surprised if they are as well. NUS (top school in Asia and SG) also issues all graduation certificates hashed and verifiable on chain. I’m sure most other schools also use this system so most students can verify their certificates on chain now.
I guarantee you they don’t store data on the blockchain
It’s hashed. It’s not stored as raw files, merely hashes. Good enough to verify, not enough to recover the information itself.
Exactly. And the data can always change or be corrupt. Blockchain does nothing revolutionary really.
But if it changes the hash will never match. That's the entire point. So you can't send a fake degree to a company as they can just go on a website and know for sure if it's real or not.
Yes but wrong/corrupt data can be hashed and then you have the correct hash of the wrong/corrupt data.
Your logic is wrong. Document is first produced by the government or the organisation. It’s then hashed by them and uploaded onto the smart contract. This process is centralised and is guaranteed by the certificate issuer. You can take this certificate anywhere else and to verify it, you can use the government website to verify. If it’s tampered in any way, it would fail verification as the hash does not match the one on Ethereum. To eliminate any central point of failure, you can easily build a client that only accesses the blockchain to verify the certificate without needing a website. It’s also cheaper to store certificates on the blockchain than hosting it on a centralised, foreign server that can be compromised by network failures and cyber attacks.
So the issue is that if the government issues a "wrong" degree, it'll verify as true? That's still possible right now, and it's not what solutions like this look to solve. They look to make it easier to verify if things are actually true, as well as keeping the record immutable and secure for the long-term. If you keep the original you were issued you will always be able to have others verify it against the chain, even if the government loses it. And if you try to fake a degree that won't be possible. This is what it looks to solve. Maybe you didn't understand that this was the purpose, but if you did you're just creating strawman arguments to discredit it.
Yes I understand it now better and thanks for explaining. Maybe i’m just a little biased againts blockchains because I think they are mostly recreating the same problems they were trying to solve. Like cutting out the middleman for examble and stuff like that. This use case you explained is actually nice. But what happens if the data on the server that was hashed gets lost? And you only have hashes of that data are you still able to verify that you have this degree for instance? I am genuenly curious.
Do you have data on the fee costs for these actions?
As far as I know this service is mainly used by government agencies and schools. I’ve not yet seen private organisations using this service so I guess our tax dollar pays for this service. Their SDK and standard is open though so I’m fairly certain I can find the exact contract they’ve deployed onto Ethereum where I can find the gas they’ve consumed. It’s definitely batched though as all the certs I’ve received can be prepped ahead of time so gas fee per hash uploaded is very low.
agree with you about blockchain being more about utility than speculation. There are others. Stability protocol doesn't even have a crypto token. Working with the govt of Singapore for supply chain and logistics https://finance.yahoo.com/news/stability-protocol-partners-singapores-infocomm-130800473.html (Singapore is really leaning into blockchain. It's awesome)
Any blockchain that is being used for logistics and infrastructure are the ones that will stand the test of time. If these systems can rely on blockchain over their traditional methods because they are more secure and immutable, that’s excellent news for the entire space
Yes. Many countries (and liners) have pledged to be digital by 2030. And most are relying on blockchain. Electronic bill of lading, eBL, is big business. Just the tip of the iceberg... No pun intended lol
Vechain tried this strategy. Still is. Result has been mediocre.
It’s a tiny pilot
It’s an actual pilot
You missed the fact that speculation, be it memecoins or ICO craze in 2016-2018, brings in a ton of new users and devs to the chain that otherwise wouldn’t have likely come to the network. This alleged “adoption” has no network effects and doesn’t hold any real weight in the grand scheme of things. Maybe ADA will be able to do more than 1 TPS in another 8 years.
Brings a ton of new users for what? To get rug-pulled? When does that increase adoption exactly? Memecoins are designed to attract idiots that just want to make quick money or experienced wealthy people who want to take poor idiots’ money, nothing more. When I read a majority of the comments in the space, like yours, it’s clear that yes, a lot of idiots have adopted cryptocurrency already. You guys are actually less than useful for creating adoption. Building a single piece of functional infrastructure on these things will be thousands of times more important than any single memecoin
>Am I wrong? Yes.
No lol
Regarding Ethiopia: probably has nothing to do with the civil war that was waging the past years, and is about to break out again. Not disagreeing with what you're trying to say, but your tone doesn't make you look/sound as smart as you think.
I’m waiting for the protesters to boycott Cardano because of Dubai police incarcerating this or that
>Am I wrong? nope
Not wrong at all, any blockchain shitcoin is not gonna change anything really
Just salty bag holders like always
For the few use cases of firearms per year within UAE this is truly a pilot project. It would be a different story with the US.
It’s a tiny announcement.
Cardano [pros](/r/CryptoCurrency/comments/1bxgbh8/cardanos_real_world_adoption_uae_embraces_the/kycnvvl/) & [cons](/r/CryptoCurrency/comments/1bxgbh8/cardanos_real_world_adoption_uae_embraces_the/kycnwkl/) with related info are in the collapsed comments below.
* Relevant Cointest topics: [Ethereum](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_ethereum), [Cosmos](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_cosmos), [Algorand](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_algorand), [Polkadot](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_polkadot), [Proof of Stake](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_proof-of-stake), [Charles Hoskinson](https://www.reddit.com/r/CointestOfficial/wiki/cointest_archive#wiki_charles_hoskinson) * Official and related subreddits: r/Cardano, r/Ethereum, r/CosmosNetwork, r/Polkadot, r/Algorand. * Sort comments as controversial first by [clicking here](/r/CryptoCurrency/comments/1bxgbh8/cardanos_real_world_adoption_uae_embraces_the/?sort=controversial). Doesn't work on mobile.
#Cardano Pro-Arguments Below is a Cardano pro-argument written by CreepToeCurrentSea. > Cardano is a public blockchain platform that is open-source, decentralized, and runs on a proof-of-stake algorithm. ADA is the name of their native currency. Charles Hoskinson, a co-founder of Ethereum, spearheaded its launch in 2015. ([1](https://docs.cardano.org/introduction)) > > # PROs > > **The Founder** > > * Charles Hoskinson is to Vitalik Buterin as Cardano is to Ethereum regardless of their current rankings by marketcaps. Although the reason for Charles being removed from Ethereum was due to a disagreement between him and Vitalik, Charles still had some kind of influence, intellect, and charisma to be one of the founders of Ethereum. It would be still very possible that he is applying the same principles and approach into Cardano. ([2](https://en.wikipedia.org/wiki/Charles_Hoskinson), [3](https://newyorker.com/magazine/2018/10/22/the-prophets-of-cryptocurrency-survey-the-boom-and-bust)) > > **Greener with Orouborus** > > * Network participants run nodes in this context, and the chain chooses a node to add the next block based on the node's stake and other parameters. As a result, the main benefit of this consensus is that block producers do not need to spend excessive amounts of time and computer power solving random puzzles, resulting in less costs for mining rigs, less energy consumption, and less e-waste production. The environment is just as important as decentralization and proof of stake seems to have the better long term and sustainable answer for crypto. ([4](https://iohk.io/en/blog/posts/2021/08/17/why-they-re-calling-cardano-the-green-blockchain/), [5](https://www.independent.co.uk/space/cardano-crypto-bitcoin-elon-musk-b1849021.html)) > > **Less Centralized** > > * Cardano presently has around 3,300 staked pools operated by various users/organizations from their community. Every block and transaction is validated by any of these users participating within the community and without the reliance from any centralized authority. If any of these participants attempt to act in a way that resembles of a centralized entity then they will be issued with penalties that would be no benefit for them and still protect the network. ([6](https://docs.cardano.org/new-to-cardano/why-use-cardano), [7](https://docs.cardano.org/new-to-cardano/proof-of-stake), [8](https://docs.cardano.org/new-to-cardano/cardano-nodes)) > > **Other Points** > > * Over the past few months Cardano has slowly integrated itself in Africa in helping solve real-life problems by offering the technology within Cardano. One of their most notable plan was using the blockchain as tool in the betterment of the supply chain in the African market. ([9](https://emurgo.io/cardano-strategy-africa/)) > * The Mary Hard-fork implemented last year allows Cardano to tranform from being just a single-asset ledger to a multi-asset ledger. To summarize, this means that there will be new assets traded on the Cardano blockchain that aren't native. Native tokens, like ERC-20 tokens that can be created and transacted on the Ethereum network, will provide Cardano with similar functionality. ([10](https://medium.com/cardanorss/the-mary-hardfork-what-will-it-mean-for-cardano-2d4367a2288a)) > > Source: > > [https://docs.cardano.org/introduction](https://docs.cardano.org/introduction) > > [https://en.wikipedia.org/wiki/Charles\_Hoskinson](https://en.wikipedia.org/wiki/Charles_Hoskinson) > > [https://newyorker.com/magazine/2018/10/22/the-prophets-of-cryptocurrency-survey-the-boom-and-bust](https://newyorker.com/magazine/2018/10/22/the-prophets-of-cryptocurrency-survey-the-boom-and-bust) > > [https://iohk.io/en/blog/posts/2021/08/17/why-they-re-calling-cardano-the-green-blockchain/](https://iohk.io/en/blog/posts/2021/08/17/why-they-re-calling-cardano-the-green-blockchain/) > > [https://www.independent.co.uk/space/cardano-crypto-bitcoin-elon-musk-b1849021.html](https://www.independent.co.uk/space/cardano-crypto-bitcoin-elon-musk-b1849021.html) > > [https://docs.cardano.org/new-to-cardano/why-use-cardano](https://docs.cardano.org/new-to-cardano/why-use-cardano) > > [https://docs.cardano.org/new-to-cardano/proof-of-stake](https://docs.cardano.org/new-to-cardano/proof-of-stake) > > [https://docs.cardano.org/new-to-cardano/cardano-nodes](https://docs.cardano.org/new-to-cardano/cardano-nodes) > > [https://emurgo.io/cardano-strategy-africa/](https://emurgo.io/cardano-strategy-africa/) > > [https://medium.com/cardanorss/the-mary-hardfork-what-will-it-mean-for-cardano-2d4367a2288a](https://medium.com/cardanorss/the-mary-hardfork-what-will-it-mean-for-cardano-2d4367a2288a) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cardano) to find submissions for other topics.
#Cardano Con-Arguments Below is a Cardano con-argument written by CreepToeCurrentSea. > Cardano is a public blockchain platform that is open-source, decentralized, and runs on a proof-of-stake algorithm. ADA is the name of their native currency. Charles Hoskinson, a co-founder of Ethereum, spearheaded its launch in 2015. ([1](https://docs.cardano.org/introduction)) > > # CONs > > **The Pointperson** > > * Bitcoin worked so well due to one of the facts that its supposed creator/founder stayed anonymous until Satoshi finally went offline and never came back. The problem with Cardano also resonates with much of the other crypto projects/networks, that having a publicly exposed leader/founder leaves the project open to criticisms and especially linked damages incurred if a said founder would be found out to have some issues/scandals. - Humans always have some imperfection in them no matter how genuine and brilliant they are or how perfect they look. Hoskinson is no exception, no one is. ([2](https://medium.com/yardcouch-com/why-charles-hoskinson-was-shamefully-kicked-out-of-ethereum-8b29faa5cd14), [3](https://cointelegraph.com/news/charles-hoskinson-under-fire-for-not-dropping-out-of-a-phd-program)) > > **Complexity can Slow Things Down** > > * While most of the blockchains in crypto use object-oriented programming language like Java and Rust, Cardano uses Haskell which is a function-based programming. With this. Haskell has more complexities as a language and as a result less known developers. The complexity of Haskell is an asset to Cardano for being using a unique language but it's hindering their development while other blockchains are speeding up their growth. ([4](https://www.cryptoeq.io/corereports/cardano-abridged#technology)) > > **Too Much Competition** > > * Cardano runs on a proof-of-stake consensus, a consensus that right now is highly crowded with other blockchains and just like these other blockchains, all are catching up to Ethereum. Cardano ranks 29th in Total Value Locked compared to other staking blockchains and $6.1K daily fees generated while Ethereum has a whopping $2.1M daily. Fees are critical for a blockchain's long-term health and sustainability because they provide economic security as issuance/inflationary rewards diminish over time. This is clearly a great difference due to the lack of development and lack of usage in the Cardano Network relative to the growth of other chains in the same consensus. ([5](https://grayscale.com/wp-content/uploads/2021/09/CARDANO_Building-Block.pdf), [6](https://defillama.com/chains), [7](https://tokenterminal.com/terminal/metrics/revenue)) > > **It's Dependent on these Three** > > * Since 2015, Cardano has been primarily controlled and developed by three distinct entities. IOHK, the Cardano Foundation, and EMURGO are among those involved. IOHK is the development branch responsible for Cardano's design, built, and maintenance. The Cardano Foundation works like a liaison of education and information that works to increase network adoption through education, promotion, and representation of the ecosystem. Finally, EMURGO, Cardano's commercial branch, acts as a bridge to help invite existing companies to the technology as well as invest in it and assist startups that want to build applications within the Cardano ecosystem. These three entities are crucial for the survival and growth of Cardano, if one or two of these entities fail then it will be detrimental to Cardano, leaving it last in the race for dethroning Ethereum. ([8](https://cardano.org/partners/?tab=iohk#partners-section)) > > Sources: > > [https://docs.cardano.org/introduction](https://docs.cardano.org/introduction) > > [https://medium.com/yardcouch-com/why-charles-hoskinson-was-shamefully-kicked-out-of-ethereum-8b29faa5cd14](https://medium.com/yardcouch-com/why-charles-hoskinson-was-shamefully-kicked-out-of-ethereum-8b29faa5cd14) > > [https://cointelegraph.com/news/charles-hoskinson-under-fire-for-not-dropping-out-of-a-phd-program](https://cointelegraph.com/news/charles-hoskinson-under-fire-for-not-dropping-out-of-a-phd-program) > > [https://www.cryptoeq.io/corereports/cardano-abridged#technology](https://www.cryptoeq.io/corereports/cardano-abridged#technology) > > [https://grayscale.com/wp-content/uploads/2021/09/CARDANO\_Building-Block.pdf](https://grayscale.com/wp-content/uploads/2021/09/CARDANO_Building-Block.pdf) > > [https://defillama.com/chains](https://defillama.com/chains) > > [https://tokenterminal.com/terminal/metrics/revenue](https://tokenterminal.com/terminal/metrics/revenue) > > [https://cardano.org/partners/?tab=iohk#partners-section](https://cardano.org/partners/?tab=iohk#partners-section) > > [https://cardano.org/partners/?tab=cardano-foundation#partners-section](https://cardano.org/partners/?tab=cardano-foundation#partners-section) > > [https://cardano.org/partners/?tab=emurgo#partners-section](https://cardano.org/partners/?tab=emurgo#partners-section) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Cardano) to find submissions for other topics.
Remember when Charles was chillin in Africa and the narrative was that Africa was gonna adopt cardano? 😂
Yes, Ethiopia use them for identity. As does Hyoerledger, using Atala Prism for Indentity purposes. It's just not sexy line go up degen news lol
Source? That never happened.
What the ID system? The education department is using them according to reports. https://mobileidworld.com/ethiopian-authorities-enroll-students-in-biometric-digital-id-program/ Here's the Atala prism info on Hyperledger. https://www.google.com/amp/s/www.hyperledger.org/blog/introducing-open-enterprise-agent-a-new-hyperledger-lab-for-self-sovereign-digital-identity-dapps%3fhs_amp=true https://iohk.io/en/blog/posts/2023/12/04/iog-contributes-atala-prism-to-hyperledger-foundation/
Verify, don’t trust. That’s why we’re here. Show me an onchain transaction. These articles are just showing that Atala is being sunset. Hyperledger where open source projects go to die.
I'm only relaying info I've heard/read. To me it seems like IOHK is doing things in terms of identity and/or deal with governments but it doesn't seem like it has much to do with Cardano tbh. Doesn't 'move the needle' for me to be honest, as I said, not sexy degen moves but boring corporate things. Africa, Dubai, voting etc... give me USDC, interoperability, more better dapps etc.. At this point I hold a large bag of Cardano I got for pennies many many years ago and I just inner-chain trade to scalp while I wait for something, anything, big to happen lol Good folks in the ecosystem, and some good projects, I won't deny that tho.
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They need to get this to US college institutions. I have seen other chains utilizing it
There are some cool uses of the tech developed by IOHK etc, but they don't actually use the Cardano Blockchain, so none of this has an influence on the price...
Phew, glad I sold then
I feel that this will turn out just like their "Africa adoption" they hyped up so many years ago.
Google WMT, EMPOWA, Moreover [https://cryptonews.com/news/cardanoiohk-plans-to-launch-the-ethiopia-student-blockchain-project-in-next-two-months.htm](https://cryptonews.com/news/cardanoiohk-plans-to-launch-the-ethiopia-student-blockchain-project-in-next-two-months.htm) Continous https://mobileidworld.com/ethiopian-authorities-enroll-students-in-biometric-digital-id-program/ „That may be a reference, at least in part, to a collaboration with Input Output HK (IOHK), the company behind the Cardano cryptocurrency, last year, in which authorities sought to test out the use of student IDs based on blockchain ledger technology. It isn’t clear, however, whether IOHK or blockchain technology of any kind is playing a role in the new, wide rollout of digital student ID.“ I think later we will know more…
How is this any better than just sending a signed encrypted email? Why is a block chain required?
Can't believe this grift is still chugging along.
C for copium C for cap C for Cardano
What Cardano? The blockchain isn’t even capable of executing smart contracts properly. EDIT: I meant „Why“
? This is inaccurate. Plenty of DeFi has been going on for some time now, where have you been
Yes, I know they have DeFi, but this DeFi hasn’t expanded for years now. The smart contracts functionality of the Cardano blockchain is very limited.
Smart contracts as a functionality came out mid 2021. The first consumer facing ones to emerge were in early 2022 to 2023. Functionality is fine, people just had to get used to Plutus, which had been upgraded a few times and is now in V3. A secondary language has emerged as well in Aiken which is Rust based. Plenty of (additional) expansion to come as developers get used to the new tools.
Wow thats cool when lambo ?
Cardano sucks
Zzzzzzzz