[piplikoc]

What do you think about Cardano/ADA? I am not an expert in the space, but to me it seems that they have a lot of research behind their blockchain and they solved the energy consumption problem with a proof of stake system, and their fees are pretty cheap compared to Bitcoin or Ethereum.

[basch]

HN might be sleeping on a fundamental world changing piece of software here. Interestingly enough, despite not having released the last pieces yet, a surprising amount of future value is already priced in.

The blanket dismissal of all cryptocompute/cryptocontracts, because people only see it as a currency, is going to leave a lot of people behind. This is more like the emergence of virtualization or time sharing or c++. Cardano is multiple different development platforms and languages and an entire ecosystem. It's a backbone, the kind of underlying infrastructure that will go unseen by the masses, but be underneath a many things.

[ahelwer]

Haven't looked into it. I don't really find proof-of-stake very interesting at a technical level, though. I don't know what all that "research" could be about if they are just going with proof-of-stake.

Edit: taking a peek, their proof-of-stake algorithm (called ouroboros) claims to have some formal security proof employing game theory. That would be interesting to look into as I am not familiar with that technique.

[jeanniesarah]

Have you looked into Hedera Hashgraph?

[ahelwer]

Looks like their consensus algorithm is proprietary: https://docs.hedera.com/guides/core-concepts/hashgraph-conse...