The CEO of Cardano (ADA) said that slowing smart contracts could be an advantage.

Frederik Gregaard has rejected the idea that Cardano (ADA) is lagging behind after releasing its smart contract five weeks ago. Let’s take a look at his reasons.

Cardano takes a thorough approach. in blockchain development

in the period before the release Skeptics have come forward several times to criticize the issue. There are also allegations of scams, too late publishing, and low development rates. Which is the most widely criticized in recent times.

The main point is that there will be inevitable comparisons between Cardano and Ethereum, according to IOHK CEO Charles Hoskinson.

“…all of this stems from different concepts between the two projects. And he added that the two projects are similar in wanting to move society forward through technology, but Hoskinson thinks Cardano takes a more granular and responsible approach that inevitably takes more time to do…”

“…I just discovered that the way we do things requires more maturity and responsibility. because the way we do things if it is responsible It will result in a good guarantee that the system we have built will not fail…”

Delayed participation in the Smart contract

Gregaard added to Hoskinson’s comments, saying: “…When it comes to building a blockchain. Reliability and flexibility are paramount. Not the speed of launch..”

He added that the development of blockchain technology should be seen as a long game. And keeping things right and sustainable in order to last longer is more important than anything and has to be a priority.

“…for me, the most important thing that everyone thinks is the reliability and flexibility of technology, right? But you must not forget another important thing. That is to be able to use that for generations…”

Explaining why Cardano took so long to arrive at this stage, Gregaard said the development decision to create a computational layer separate from the accounting layer was a key factor in this regard.

He goes on to say that while the structure of this system can slow development and lead to delays in joining smart contracts, it has the big advantage of offering a simple and highly secure experience. Compared to the structure of Ethereum, which has both computation and accounting on the blockchain.

Gregaard said the approach is overly reliant on factors outside of the Smart contract, and this not only complicates the coding error but also increases the risk of coding errors. But it also makes it easier for hackers to attack.

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