Almost a year ago, Nugget’s News’s Alex Saunders stated that Cardano wasn’t ready for smart contracts at this point next year.

Alex Saunders from Nuggets News.

As the deadline is approaching, Alonzo’s smart contract is still in the testnet stage, which Saunders does conclude that the network effect of Ethereum can “outperform the competition by 100 times”.

“A year later and still not:

• Smart contract
• ERC-20 converter
• 100 tokens
• 1,000 dApps

Not against Charles Hoskinson, but I recommend Cardano projects that ADA own and support to realize the network effect that has given Ethereum a 100-fold advantage over its competitors. “

But is this a case of slow but steady in the race?

Cardano still doesn’t have a smart contract

About this time last year Charles greeted Hoskinson. the upcoming launch of Shelley to transition to Proof of Stake (POS) suspect Cardano will have hundreds of assets and thousands of dApps.

“By then in the next year, I predict there will be hundreds of assets running on Cardano, thousands of DApps, tons of exciting projects, and many unique applications and utilities. 2021 will be interesting to see Cardano grow and develop. The community is definitely ready for innovation. “

In response, Saunders said that this goal is unlikely to be achieved without a sufficient number of developers familiar with the Haskell-based Plutus platform. But in a period of 5 years it is possible.

A year later, Saunders pointed out that Cardano still lacks smart contracts, ERC20 converters, tokens, or dApps. He added that Ethereum’s network effect made it impossible for other projects to compete.

The comments rekindled the conflict between Cardano and Ethereum supporters. One Twitter user called this an attack powered by unconscious bias, another said the network effect argument is pointless until Cardano is completed.

Hoskinson disagreed

In response to the criticism, Charles Hoskinson pointed out that there are thousands of active assets on Cardano. He added that those who have not seen any progress since last year have not realized it.

“There are thousands of assets on Cardano. I think you didn’t notice the huge number of developers working hard on learning, training, and designing. Many apps started. “

Cardanos Charles Hoskinson.

A look at CardanoAssets.com shows that there are currently 6,861 assets in the Cardano network. However, most of them have fewer than 1,000 transactions per month.

Earlier this year, Shelley’s rollout and delays created similar tension. But Hoskinson always insists that things are on the right track from the start.

Cardano’s scientific approach emphasizes accountability, iterative processes, testing and then iteration. While this could cause delays, Hoskinson said it lifted Cardano out of the sea of ​​cryptocurrencies. No other project can confidently claim to have proceeded thoroughly.

Teacher

According to Cryptoslate

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