The current season in the cryptocurrency market is characterized by active discussions on the comparison between Cardano and BlockDAG. Both projects aim to be the best in their field, yet their approaches and results differ significantly.
Cardano: Research and Practice
Since its debut in 2017, Cardano has focused on research-driven development and a clear roadmap. Although there are achievements, such as the increase in Total Value Locked from $375 million to $400.38 million, this figure remains modest compared to competitors. Users express dissatisfaction with slow onboarding processes and complex development tools.
BlockDAG: Successes and Mobile Mining
On the other hand, BlockDAG is actively expanding its audience, showcasing significant results. The X1 mobile mining app has attracted over 2 million users worldwide, allowing them to earn daily BDAG rewards without the need for complicated hardware setups. Additionally, the blockchain raised over $351 million during its token presale, confirming high interest and activity among users.
Technological Edge of BlockDAG
Thanks to its hybrid architecture, BlockDAG ensures high transaction processing speed and supports smart contracts, simplifying their creation and deployment. In contrast, Cardano uses an extended UTXO model, which, while providing academic validation, can challenge developers due to its complexity.
In conclusion, Cardano continues towards its long-term roadmap, but the tools needed for broader user engagement remain limited. Meanwhile, BlockDAG is already actively engaging users and showing results, providing access to its services and opportunities.
