DOT vs ADA

•

Factors: $DOT vs $ADA Cardano To be Blockchain 3.0 Polkadot To be the Future of Blockchain Both Project Founders are from Ethereum Foundation, but why are the projects so different?

1/ 1. Security What makes Polkadot stand out from others: To make sure it will be bank-like security. All code before joining Polkadot will be tested on Kusama. After it went through the process, the code will go through the Auditors.

2/ To prevent validators from attacking networks or acting maliciously. Polkadot has implemented Slashing mechanism. Scenario: If validators did plan to attack Polkadot, their funds including stakers will be cut causing their reputation.

3/ Meanwhile, Cardano does not have any I mentioned above. ❌ No Slashing, how can they secure the network? Choosing validators quantity over quality? ❌ No Unlocking period (Which is needed for PoS chain to secure network if the market crashing)

4/ 2. Roadmap Cardano is in the 3rd phase 'Smart Contract', GOGUEN With this hard fork, the Applications can finally be deployed on Cardano Blockchain. BUT Cardano's slow, it might take YEARS to scale. And the Governance phase will take even more than that.

5/ On the opposite, Polkadot does not need to do Hardfork. An upgrade can be done by upgrading the logic stored on-chain without requiring Nodes to upgrade in advance.

6/ Currently, Polkadot can scale up to 1,000 TPS while Cardano can only do 1 TPS (Even though 1 transaction can contain many requests) In the near future which is likely next year, Polkadot can scale between 100,000 TPS to 1,000,000 TPS with an Asynchronous Backing Upgrade.

7/ Not to mention Polkadot already solved the scalability problem with its Parachains. DEX? Smart Contract? CDP? Wrap Bitcoin? ETH Bridge? Liquid Staking? Polkadot has them all.

8/ Did you remember the security I mentioned earlier? Slashing? Audit? Validator? Security is the top priority for Polkadot to offer security service to its Parachians 'Shared Security'. Building a blockchain on Polkadot does not require team to bootstrap validators.

9/ Governance on Polkadot exists and starts evolving into the next phase which is Governance v2. polkadot.network/blog/gov2-polkadots-next-generation-of-decentralised-governance/

10/ Lastly for Roadmap section, from all the information I presented: Cardano started in 2015 while Polkadot started later the next year, 2016.

11/ 4. Burning Mechanism Inflation = no max supply To maintain supply, inflationary assets should have a burning mechanism. Burning is not about only for price speculation: ✅ Increasing Demand ✅ Reducing circulating Supply ✅ Marketing

12/ Charles, the founder of Cardano, mentioned Cardano will not have a burning Mechanism Imagine this UpOnly Chart: What if ADA does not have much demand?

13/ For Polkadot, If the treasury is not spent in the duration of of that time, $DOT will be burnt to maintain the demand and supply.