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RE: Peer Review of Cardano's Ouroboros

in #cardamon7 years ago

Oh what shocking news, after hundreds of people put their money into Cardano it turns out to be a "product" without a chance to survive against others :D One can´t mention it often enough: Due Your own research before you invest!

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It's just like living through the dot-com era all over again! Hundreds and hundreds of startups with stock pricing going straight to the moon, only to crash down to earth again. Remember petsupplies.com? Have your pet supplied delivered straight to your door. Well, it did happen, only it's call Amazon.com.

During the dot com era people really had no clue what this internet thing was and how it would develop. Cryptos are also uncharted waters but in my opinion it's easier to predict the future for them because they are based on this infrastructure called the internet. The example you made with petsupplies and amazon.com is very interesting because it shows how this crypto space will likely develop in the future, my guess is that only protocol coins will survive and all the petsupplies.com of this world will be built on top of these blockchain.