Could the Ethereum Upgrade Crush Cardano?
The cryptocurrency Ethereum (CRYPTO: ETH) has one big problem: transaction speed. The blockchain network processes fewer transactions per second than smaller, newer rival Cardano (CRYPTO: ADA). This is just one of the reasons Cardano has been able to gain ground. Cardano is now the sixth-largest crypto by market cap. (Ethereum holds the second spot, after crypto leader Bitcoin.)
But Ethereum won't be a laggard forever when it comes to speed. An upgrade is in progress, with the rollout expected next year. Transaction speed will soar. Energy use will drop. And Ethereum will become more efficient overall. Now the question is: Does this upgrade mean bad news for Cardano? Let's find out.
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Source Fool.com
