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, Ethereumâs transaction fees, also known as âgas fees,â 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, Ethereumâs 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. Cardanoâs 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.
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There are reasons why Cardano is better than Solana in terms of transaction security and contract reliability.
Cardanoâs advantages in transaction security and smart contract reliability mainly come from its unique design philosophy and development methods. Here are some key points that highlight why Cardano may be better than Solana in these areas:
1. Research-based development methods
The development of Cardano is based on academic research and peer-reviewed methods. This means that Cardanoâs designs and updates undergo rigorous academic evaluation and verification before implementation. This evidence-based approach helps ensure system security and stability, reducing the risk of errors or vulnerabilities.
2. Layered architecture
Cardano uses a unique layered architecture that separates the computing layer (responsible for smart contracts) and the settlement layer (processing transactions). This layered design allows the network to handle transactions and smart contracts more flexibly, and allows optimization of each layer without affecting the other layer. Additionally, this means that when problems are discovered, they can be more easily fixed without affecting the entire system.
3. Formally verified smart contracts
Cardano's smart contract language (Plutus) is based on Haskell, a powerful functional programming language that supports formal verification. Formal verification is a technique that uses mathematical methods to prove the correctness of program code, which can significantly reduce the presence of errors and vulnerabilities in smart contracts and increase the security and reliability of the contract.
4. Stricter contract deployment process
Because Cardanoâs smart contract development and deployment process includes multiple checks and verification steps, contracts deployed to the network typically undergo greater scrutiny. This rigorous development process helps reduce the risk of errors or hasty development.
5. Adaptability and upgradeability
Cardanoâs system design allows for seamless upgrades to introduce new features or improve existing ones without having to undergo a hard fork. This adaptability ensures long-term safety and sustainability.
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