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Will Cardano succeed in the future?
I think Cardano will succeed in the future. Let me highlight a few reasons why I think so. We will discuss all three pillars of Cardano and add something more.
Sustainability
Sustainability is one of the three pillars of Cardano and solves how users will pay for the network maintenance, how to prioritize the building of new features and how infrastructure decisions will be made. Cardano will have a decentralized treasury and users can submit improvement ballots, which are then voted by the community. Bob submits a ballot related to marketing, while Alice about tech improvements. The community democratically decides what to do first. If we speak about decentralization we cannot consider only the protocol. We have to take into account also the governance. Users have to democratically decide what to do. The protocol must own the community, not a few developers or a leader.
Scalability
Scalability is another key pillar and solves probably the most critical problem of all current projects. If people should adopt a protocol then the protocol must scale to be able to serve all people who want to use it at a given time. It is not possible that transactions take hours to settle and fees rise when more people come to send money. Conditions of usage must be the same all the time. Sound money built on a distributed…