Cardano (ADA) to Overthrow EOS’s Place as the King of Dapps Once Fully Launched: Weiss Ratings

The Dapp ecosystem has been seeing a lot of growth with EOS and Tron currently leading the trend.

However, if Weiss Ratings is to be believed once Cardano is fully launched, it will sunpass EOS and become the King of Dapps.

“Cardano hasn't fully launched yet, therefore, usage is low and there are no dApps running on it. Once finished, we expect great things out of the protocol, quite possibly taking EOS's place as the number one dApp platform. We are cautiously optimistic.”

Just a few days back, Weiss Ratings have shared some numbers that showed that EOS is in fact the “undisputed King of dApps,” with Tron following close behind.

However Ethereum that has been dominating the dapp ecosystem in 2018 has now about 3 to 8 dapps left in the top 50.

“Only three of the top 50 dApps are running on the Ethereum. From the remaining 47, 26 are based on EOS and 21 on TRON. EOS is the undisputed King of dApps.”

In response to this, Cardano founder and Ethereum co-founder Charles Hoskinson quipped,

“By that logic, you might as well include amazon web services into the mix.”

“That's like asking who is staying at your hotel when you haven't finished building it.” replied Hoskinson to one crypto enthusiast’s “What dapps are built on cardano?”

In response to this, Weiss Ratings declared the growth Cardano would be seeing once it is fully launched. But it didn’t go well with Tron or other enthusiasts, as one said, “What in the world can that be based on? Zero evidence, zero proof.” While another one had this to share,

“Damn.. I didn’t know there was a line of devs wrapped around the building waiting to build on Cardano. We’ll let the stats do the talking.. as of right now dappradar and blocktivity shows EOS and Tron dominating.”

However, Cardano enthusiasts have faith in this cryptocurrency and its future prospect as one said,

“Check out the Github downloads. There is a huge demand building for Cardano!” While another one is currently accumulating this cryptocurrency, “It will be used wildly. I am adding as much as possible for the long haul.”

According to the current roadmap which would be refreshed after the announcement of Cardano 2020 at the IOHK Summit on April 17-18, Cardano is in Byron, the bootstrap phase where developments are ongoing.

The next phase of Cardano's development will be Shelley, that is the path to “full decentralization of Cardano.” In this next phase, the introduction of the Open Outboros Delegation would be the key feature that will be implemented in code. Just recently, Cardano released a whitepaper on Proof-of-Stake sidechains.

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Publication date: 
02/12/2019 - 22:05