Dear community.
I was very invested in Cardano, then I found out some major issues that is not about to be solve anytime soon.
Can someone point out the difference between Algorand and Cardano?
Is Algorand a better smart contract plateform ?
Is Algorand peer reviewed too ?
Please give me some examples.that Algorand is better than Cardano, thank you.
The heart of any Blockchain venture is the consensus algorithm, which you may evaluate based on:
a) what security properties it provides
b) what is the level of decentralization & diversity it allows for
c) what is the cost / effort / incentives of participation & operations
d) which are the attack surfaces & probabilities
e) what is it´s performance & scalability, stability (forking)
f) what assumptions & limitations does it make to allow for the previous statements
g) what kind of proofs exists for the previous statements
In this context I believe Algorand outperforms Cardano as you can´t really get more decentralized & efficient then the Algorand protocol.
However of course there are many other aspects to a Blockchain, than the consensus, so we shall see more from Algorand in the future to be able to compare.