What Are the Key Differences Between Cardano and Ethereum?

What Are the Key Differences Between Cardano and Ethereum?

Blog Article

Cardano and Ethereum are both smart contract platforms, but they differ in several ways. Ethereum was the first blockchain to introduce smart contracts, while Cardano took a research-driven approach, prioritizing security and scalability. Ethereum recently transitioned to proof-of-stake (PoS), but Cardano has used PoS since its inception, making it more energy-efficient. Additionally, Ethereum's gas fees are often high due to network congestion, whereas Cardano offers lower transaction costs. Many investors compare these platforms to determine which offers better long-term potential. Keeping track of the ADA price helps assess how Cardano is competing with Ethereum in the market.