Cryptocurrency

Cardano Tops Vitalik Buterin’s Poll: ADA Preferred to Dominate Global Transactions and Savings By 2035

The poll has been concluded and it widely favored Cardano (ADA), the largest proof of stake (PoS) blockchain.

On 13th January 2021, Vitalik Buterin, the co-founder of Ethereum (ETH), shared a poll specifically for the Ethereum community. The poll is based on which currency would dominate global transactions and savings in the future if the currency is not ETH.

Read Also: Historically Accurate Model Predicts Cardano (ADA) Would Reach $3.60 by March 2022

In the poll, Buterin involved a national currency and three major cryptocurrencies, such as U.S. Dollar (USD), Bitcoin (BTC), Solana (SOL), and Cardano (ADA).

Interested crypto users were given 24 hours to respond and a total of 600,697 responses were garnered. 42% of the respondents prefer Cardano (ADA) to dominate transactions and savings in the world by 2035, beating the largest cryptocurrency by market cap, Bitcoin (BTC), with 3.6%.

USD and Solana (SOL) received the least support with just 6.5% and 13.1% respectively.

Vitalik Buterin tweeted, “Poll for Ethereum community. You wake up in 2035, and 80% of all transactions + savings in the world are in one currency that is not ETH. Which would you prefer it to be?”

Read Also: Cardano Becoming Leader in Climate Impact: 1 Million Trees Now Planted and Recorded On Cardano Blockchain

Number of Projects Building On Cardano Hits 199

Tim Harrison, IOHK Communications Director, recently notified the Cardano community of an incoming mid-month update. The update is about the scaling plans for 2022 and building new projects on the Cardano blockchain.

The tweet contained an image showing the number of projects currently building on the Cardano network at 199.

Tim Harrison tweeted, “Prolly nothing? Tune in to the mid month update tomorrow evening UK time for some updates on scaling plans for 2022 and meet a few more of the projects Building on Cardano.

Cardano co-founder and IOHK CEO Charles Hoskinson shared the tweet and then asked: ”Who wants to be project 200?”

Read Also: Cardano’s First All-in-One Decentralized Finance Wallet Announces New Connectivity Breakthrough

Meanwhile, in late December 2021, Charles Hoskinson mentioned that over 175 projects were building on Cardano and about 11 projects would be launched by the end of Q1, 2022.

Now, this number has grown to 199, and over 17 projects might launch by the end of April 2022 at the latest.


Follow us on Twitter, Facebook, and Telegram

Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

Recent Posts

Solana Rises 7.5%, Ethereum Navigates Regulatory Hurdles with a 6% Increase, Furrever Token Hits $1M in Presale

In the dynamic realm of cryptocurrency, recent developments have shown that not only are the…

1 hour ago

New Lawsuit Against Coinbase: Stellar (XLM) and Solana Are Securities

A recent lawsuit against cryptocurrency exchange Coinbase has reignited the debate surrounding the classification of…

5 hours ago

$755 Million Worth of XRP Transferred in 4 Seconds For $0.01

In a recent tweet, prominent cryptocurrency community figure JacktheRippler highlighted the remarkable efficiency of Ripple's…

6 hours ago

Render and Jupiter Hit Hard by Market Downtrend While Rebel Satoshi ($RECQ) Presale Could Help Investors Recover Losses

TLDR Render’s RNDR soars 129.74% after Kenetic Capital's massive transfer. Jupiter's Metropolis Part 1 launch…

11 hours ago

Crypto Investment Firm Showcases Powerful XRP Use Case that Bitcoin Lacks With $50M

Michael Arrington of Arrington XRP Capital, a cryptocurrency investment firm, highlighted a compelling use case…

13 hours ago

GBM Auctions to Host Memorabilia Auction with Polkadot Creator Dr. Gavin Wood

London, United Kingdom, May 6th, 2024, ChainwireGBM Auction (https://gbm.auction), the Bid-to-Earn Auction company, is thrilled…

14 hours ago