Another Thing That Polkadot and Cardano Show Us There's a shi | LibreCharts

Another Thing That Polkadot and Cardano Show Us

There's a shifting trend in the types of projects that are going to receive any funding from anyone in the future.

That's not just toward professionalism, but actual technical merit as well.

I've carved up countless projects in here for terrible ideas. Arweave is a recent, notable example of a project that looks like it was designed by a bunch of high schoolers for a group project.

Cardano's "Mary" Documentation Makes Sense

They forked the project recently to implement their 'Mary' upgrade.

I reviewed the documentation for how they plan on implementing multi-assets on the chain.

Their idea actually makes sense within the scope of blockchain. I was pleasantly surprised.

One of the main problems with Ethereum tokens is that they can be produced out of thin air with nothing more than the "gas cost" of the contract itself. However, with Cardano, they've made the intelligent decision to price peg these tokens to Cardano's native asset ($ADA), which means that generating a token and distributing it must be done with an associated amount of $ADA attached to it - which inherently imbues it with at least some sort of value.

Polkadot's Technical Merit

I've already shelled this out for you all in this chat. But before Polkadot launched as a project, I had a decent # of their Git Repos starred for my own personal research & experiments (toying around w diff blockchain solutions).