Cardano and Ethereum are both top blockchain platforms, each with their own unique features and advantages. Cardano may be considered to have more advantages than Ethereum in some aspects, mainly including:
layered architecture
Cardano uses a layered architecture that separates the computing layer (smart contracts) and the settlement layer (transaction processing). This design increases efficiency because it allows each layer to be upgraded and optimized independently without affecting the other layer.
Formal approach and high security
Cardano applies a formal methodology, a mathematical approach to proving system correctness, in its design and development process. This approach can improve the security of smart contracts and blockchain protocols.
Ethereum transaction fees
Ethereum initially adopted the Proof of Work (PoW) mechanism and switched to the Proof of Stake (PoS) mechanism in 2022. Prior to the transition, Ethereum’s transaction fees, also known as “gas fees,” could become very high during periods of network congestion. This is because traders pay higher gas fees to speed up transaction processing. Even after switching to PoS, Ethereum’s transaction fees still fluctuate depending on market demand and network congestion.
Cardano transaction fees
Cardano has adopted a proof-of-stake (PoS) mechanism from the beginning, called Ouroboros. This mechanism is relatively more energy-efficient and efficient, helping to keep transaction fees low. Cardano’s transaction fee calculation is based on a fixed fee plus a variable fee, a structure that keeps overall fees generally low.
cost comparison
Overall, Cardano is generally more competitive with Ethereum in terms of transaction fees due to its higher efficiency and lower transaction fee structure. This makes Cardano particularly attractive for use cases that carry out large numbers of small transactions, such as micropayments and daily transactions.
While Cardano shows unique advantages in these aspects, Ethereum also has its own strengths, especially in the popularity of smart contracts and its rich application ecosystem. Both are important players in the blockchain space
