π² Insider Info in my Socials π
π Get The Hottest Crypto Deals π
π βCrypto Baeβ Shirt π
π₯ TOP Crypto TIPS In My Newsletter π
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πΊEssential VideosπΊ
Most Recent Cardano Video π
Polygon Explained π
NFT Madness Analysis π
How Empowa Works π
Uniswap V3 License π
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– TIMESTAMPS –
0:00 Intro
2:07 Cardano Recap
5:09 Cardano Concurrency Issue
9:01 Sundaeswap
10:25 Ardana
11:39 Meld
13:11 Drunken Dragon Games
14:43 Empowa
16:07 Browser Extension For dApps
17:07 Cardano dApp Concerns
19:46 Outro
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βοΈ π Useful Links π βοΈ
βΊ Cardano EUTXO Explained:
βΊ OccamFi Explains Concurrency:
βΊ Minswap Testnet Post Mortem:
βΊ Sundaeswap Updates:
βΊ Ardana Roadmap:
βΊ More About Meld:
βΊ Nami Wallet Roadmap:
βΊ Cardano dApp List On CardanoCube:
βΊ Cardano dApp List On IOHK Github:
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π¨βπ«Cardano Recapπ¨βπ«
Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson. The Cardano main net went live in late September 2017, which means weβre coming up on Cardanoβs 4-year anniversary
π¨βπ»Concurrency Issue Explainedπ¨βπ»
Cardano uses an improved version of the UTXO model which makes it possible to do things like mint new tokens without smart contracts, which is why itβs called extended UTXO or eUTXO for short
Conversely, Ethereum requires a smart contract to mint and move tokens. This is a part of why Ethereumβs transaction fees are so expensive
While Cardanoβs approach means its dApps will be much cheaper to use and also faster, many of them could experience concurrency issues if theyβre not designed properly
π±Sundaeswapπ±
As the name suggests, Sundaeswap is an AMM DEX like Uniswap, and it is also hoping to become Cardanoβs leading DEX, as well as a hub for initial DEX offerings or IDOs for new Cardano projects
π²Ardanaπ²
Ardana will be the MakerDAO of Cardano, meaning it will make it possible to mint a US dollar stablecoin called sUSD using ADA as collateral
π°Meldπ°
Meld is a DeFi protocol comparable to Aave on Ethereum, meaning it makes it possible to lend and borrow tokens on Cardano
πΊDrunken Dragon GamesπΊ
Drunken Dragon Games is an NFT game on Cardano akin to Axie Infinity on Ethereum
πEmpowaπ
Empowa describes itself as the first βRealFiβ platform in the world, and its mission is to increase affordable housing on the African continent, starting with Mozambique
βCardano dApp Browser Extensionβ
The obvious choice here is Emurgoβs Yoroi browser wallet extension, and if youβre a diehard Cardanian, youβll know that Yoroi is colloquially referred to as Cardanoβs Metamask
Interestingly enough though, it looks like the go-to browser extension wallet for Cardano will be the Nami wallet which Iβll leave a link to in the video description
π±Cardano dApp Concernsπ±
Cardano has over 1.6 million users, and its community is arguably the most active in cryptocurrency. This is incredible, but itβs also a developerβs worst nightmare because they know thereβs no way in hell their dApps can handle that kind of traffic. Heck, even the front-end website will struggle to load.
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π Disclaimer π
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#Cardano #ADA #crypto #dapps #alonzo
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