How Does Cardano Work?

[@boreneoman7728]

so many people cover about crypto, but only few that really know how to do programming.. so when a programmer talking about crypto, it's a real talk..

[@SirajRaval]

thanks tester

[@JasonWhittle1]

This is the best possible video you could have made right now!!

[@user-zu1ix3yq2w]

It really is. He finally did it.

[@SpenserRoger]

How much do you all have invested?

[@Earzone63]

When I checked out the website I just got the impression "We're academics, so trust us". I'm convinced PoS is just a way of looking after the status quo / Whales. Also I refute that physically smaller payouts with PoW implies smaller payouts and less incentive of a 51% attack..because I've actually looked at the data and made a graph that proved otherwise: not gonna happen. The beauty of PoW is that yes it is a "waste" to use our computers and electricity for the purposes of mining, but this is what GIVES or "underwrites" the token's exchange value. If miners should want to sell at a slight profit that that is. The second problem is that "democracy is the least-worst form of governance" and in my opinion overrated ESPECIALLY when it's One Vote per Token not One vote per Person - that's a backwards step surely. I still think there is a better governance system out there to be discovered and created in Crypto.

[@JasonWhittle1]

MakeShift Video check out iohk KZbin channel for how it actually works. They definitely explain it. Also code is open source and public.

[@bitcoin3801]

kzbin.info/www/bejne/haWpmpeOa8l5sNU..

[@ashutoshshah10]

Perfectly summed up the current block chain scenario, their technical issues and how Cardano can solve it . One of the best video on this subject Congrats Siraj! Keep it coming Thanks.

[@s.maitlanddavies1204]

Was wondering when you'd make this. Well done! Nothing like a tech vid with that special Siraj sauce. 👍🏾

[@NeoKailthas]

Siraj you are going down the crypto rabbit hole .. don't forget to sleep lol

[@erikig]

LOL, wakes up weeks later, groggy and covered in yellowpapers about COINCOIN

[@SirajRaval]

thanks, more ai videos coming. im just getting started still

[@danielaubertine6439]

Just watch Hoskinson's whiteboard video, this is a great, compressed refresher.

[@AungThiha92]

This is the best explanation I've found so far. Thank you, Siraj!

[@travispulley8899]

@3:35 , javascript was in Netscape by 1995, but css only gradually came into being by 2000, with Internet Explorer 5 for Mac! Remember those awful hockey puck mice that came with the colorful translucent iMacs? That's about when css started being taken seriously. Thanks for another great video!

[@madstarr2]

I really appreciate how you break everything down and relate what the problem is to real world situations.

[@jacobroyer826]

Doing a technical video on cardano like you mentioned would be really helpful! Can't wait to see where things go.

[@RaghwendraVlogs]

Hello Siraj, what are your thoughts on hyperledger-fabric, does it not help in solving scalability, transaction time, although it has no crypto currency?

[@HowdyJ]

I'm only 4 minutes in, but this is an amazing breakdown. As a programmer, you've opened my understanding of crypto and ETH so far. Can't wait to get through the rest. Just wanted to comment before I forgot, haha.

[@JohnVandivier]

Very nice! Siraj is back!

[@SpenserRoger]

He's obviously trying to promote this because he's not just talking about how it works. He makes a big point of covering how it's better than other cryptos, and then he repeatedly covers the creators in a very complimentary way. I'm already 3/4 of the way through and he hasn't even told me how it really works yet.

[@SirajRaval]

see the last 1/4 then

[@SpenserRoger]

Siraj Raval Sure. If I were you I'd consider covering these new projects in a lot more of an objective way. Your future self will thank you for the credibility. lol.

[@doctorjpy]

Nice one Siraj, will you review EOS also? and compare?

[@Kapoor_Kshatriye]

Very helpful video, much needed explanation in order to keep up with fast paced innovations in the field of blockchain technology. A lot of stuff went over my head but i will revisit this video again :)

[@lgsunnyvale]

Siraj, how do you pick your topic (or most front-running/interesting tech)? Any recommended sources you follow?

[@Shanthiiiiiii]

Who's watching this in 2021 Feb?

[@dsuryas]

What all should I learn to develop a social network like steemit? Can you suggest me some sources? Thank you!

[@johnnybytheway7165]

Must have a lot of work creating great contents like this one!

[@sri19]

Great video Siraj, small correction: Solidity looks like JavaScript not Python.

[@crizzle42a]

One of the best videos I saw the last weeks! THX

[@Games4free001]

Can you do raiblocks next?

[@joec1132]

Siraj Raval, awesome vid thanks! Can ADA be used for election voting one day? I'm talking about voting for senators, congressman or presidents. Or do you know of ICO that is great for election voting?

[@lucasmagalhaes1286]

But if this Ouroboros algorithm is based on how much tokens do you own, what's the difference from the Proof of Stake??

[@MasterNeiXD]

Lucas Magalhães The delegated part. Watch the part of the video in which he explains it making a quorum analogy. Though, I must say, he kind of went to fast on probably one of the most important parts... Hello, fellow Brazilian. Remember to pray for Temer before going to sleep.

[@WHSajid]

Don't know much about Blockchains, so this maybe a really stupid question. But Siraj, how does cryptocurrency gateways handle identifying transactions or invoicing? For example if I want to accept a payment for a service, and I send an invoice to the client, can the client submit the invoice number along with the payment? Or is the identification handled by a third party (gateway provider/exchange)? How is the process different between all the different variations of the blockchain (Miota/Cardano/Monero/etc etc)?

[@luck3949]

Marsh Ravenglass You can add comments to transactions. You also can generate new wallet for every transaction (but this seems not very practical since comissions became high)

[@WHSajid]

Is this possible on the Ethereum Blockchain as well? And if the client forgets to include the invoice number, can the transaction be rejected on my end? Or do I have to manually return the payment? This would mean a second transaction though. Is there a better (or standard) way to handle this via Smart Contracts?

[@BeautyOfAI007]

Could somebody tell me where can I get the ppt please?

[@JKBowman]

That was top notch. Please take a bow!

[@hubrismaxim]

Wow, you really misrepresent Haskell; it's a general purpose programming language, just it's a functional rather than procedural (like python). Also Solidity looks nothing like Python, it's based on and looks like Javascript.

[@tsetsoangelov6455]

Siraj thanks I was searching exactly for this video :D:D: all day :)

[@axelgestinkt6381]

I don't understand why it has such a high market cap without even having a fully developed product or at least somewhat close to a fully working product as advertised

[@clublati]

Well, a lot of people understand its potential and that's why they back it. The high market cap is due to the total pre-mined number of coins. I personally have more faith in this team than in most of the other blockchains - the scientific approach they've taken to develop this particular blockchain will pay off, these are pros taking their time to do things properly. They're not just some developers cloning or forking an existing blockchain.

[@lechuga777lechuga]

everyone who has been learning about the technology knows that either NEO, EOS, QTUM, ADA is the next generation technology. It's the battle for the throne.

[@Barnzoaor]

hey man great vid! wondering what your thoughts are on EOS. it seems like ada and eos are great contenders to really advance blockchain 3.0

[@bradleisure7344]

Fantastic video...... well done. Very educational.

[@drenja7754]

Could you have a look on Icon (ICX) or NEO?

[@ak_eapen]

Siraj, how about doing a video on DeepBrainChain? - combined AI & blockchain.

[@flowstate5465]

He said in the video that Banks and Institutions handle KYC very well. Cardano seems focused on compliance integration to allow for traditional finance to leak into the market. Could be interesting to mainstream adopters, but not interesting to the innovators who agree that anonymity is key. The market doesn't care about KYC or governmental entities. Ethereum will remain triumphant so long as they can scale in a timely fashion so that Dapps can have space on the blockchain to operate.

[@SunnyFly100]

Why they do not use DAG (IOTA) to solve scalability and bandwidth problems?

[@jasemqabazard]

Great information Siraj, you also have a great book about DAPs, keep it up! What do you think about eos.io

[@clublati]

in the next video could you please present a more in-depth technical look?

[@taylorbits2290]

lol

[@AmbientSpace7]

Cool video, like your way of teaching. I believe in Ethereum in a long run.

[@ABOUZARWALA]

Thanks siraj good choose for crypto can you make a video for hashgraph thanks bro you rock as always happy new year 2018

[@brandonwbrown]

i second the hashgraph vote

[@cryptobullcoin9346]

U are also competent programmer man great explanation

[@philknirck7347]

I am 1/2 thru the video and u have not started to explain cardano, the topic of this vid. I know nothing about cardano, everything u explained i know. Some friendly feedback to focus more on the topic u are covering

[@meanderthalensis]

Would be very interesting to see a similar exploration of EOS

[@arshbot]

Just a minor note, I'd say Solidity is more akin to javascript but not so much python. There's another Ethereum language called Serpent which is very similar to python and even has a section in the docs on the differences between Serpent and Python github.com/ethereum/wiki/wiki/Serpent#differences-between-serpent-and-python

[@nevadax1983]

Hello world, it's Sir Raj.

[@TheHabitMaker]

Freakin love your crypto videos bro! How about EOS? I haven't seen you cover it, have you look into it? We speculators can only research so far and count on you genius developers!

[@gabriellove4361]

Can you please do a video on recursive internetwork architecture???

[@LorenzJepri]

Hi Siraj congratulations for your video very intersting as always :D Could you make a video comparison about Tron, Cardano and Eos Please ;D

[@PedroLarroy]

Hey Siraj, love your videos. What's the best way to support your content, patreon?

[@SirajRaval]

thanks! yes patreon link in the description

[@PedroLarroy]

Done. Keep the good content coming.

[@IRWBRW964]

Cardano is an amazing project. It's sad that so many are only interested in pumping the ADA token.

[@dulacpier]

It's worth mentioning that Delegated Proof-of-Stake wasn't invented by the Cardano team, but was initially designed by Daniel Larimer, in 2013, while co-founding the BitShares blockchain: en.wikipedia.org/wiki/BitShares#Invention_of_DPOS_(Delegated_Proof_of_Stake)

[@sagarpawar8579]

Can you make a video on Ripple, and how it helps institutes overs swift protocol!

[@gabriellamparina]

Please do a video about Rai Blocks

[@SirajRaval]

will conisder

[@alexxsloanloyaltomasterytr3321]

Great vid. FYI, no ADA on Coinbase

[@supernatural4774]

You fkn rock. intense without being overwhelmed. keep it up.

[@ploutosroman4206]

I hope you seriously consider doing a video on EOS

[@kambaalayashwanth123]

Looking forward for the stellar lumen developer session

[@vaibhavgupta20]

thanks for making the video. i really wanted to learn about Ouroboros.

[@hwiteboi3690]

Nice video. Of course the biggest issue with "smart contracts" is proof of correctness.

[@no_name-o2n]

Can you do a video on RaiBlocks? the seem to have a new kind of blockchain technology where every user has its own blockchain.

[@KunwarPratapSingh41951]

Siraj brother I think you use neutral net video compression before uploading.

[@xSTstSTx]

Siraj, what are your thoughts on "BitDegree"?

[@tendies]

I have yet to hear about an innovation made by Cordano.

[@lechuga777lechuga]

you can smell the innovation in the air with Cardano. lol

[@scottdiamond3023]

Cardano sounds very similar to EOS DPoS would you mind reviewing.

[@igornilsen1649]

You are the best! Did you see ICON crypto?

[@inderjitsingh8673]

you should look at pascal coin - solves scalability using safebox technology written in haskell

[@akashkandpal1832]

Another cryptocurrency ... good work Siraj

[@JamesHastings2008]

Subbed. Great video.

[@slouch186]

the only way to create the liquidity necessary to make financial transactions is through the rapid creation, exchange, and fulfillment of debt.

[@shivamshore]

That is not the scalability​ issue (its one component but just a small one)

[@fungilation]

@Siraj, on how to solve blockchain scaling. You completely ignored the fact the Ethereum is working on both sharding and off-chain transactions to scale network txn capacity by orders of magnitude.

[@zalecao]

Look into Byteball, Siraj, you will like it

[@j.hanleysmith8333]

Loving this coin series

[@KeithSalisbury]

Love your videos - one suggestion - put your laptop on a box or something so when you're looking at the screen you don't need to bend over.!

[@cryptoandy4105]

I love Cardano - a winner for sure!

[@guilhermecaeirodemattos]

Can transactions be reverted (through voting, a centralized entity or whatever)? If not, that's another "coin" that will only serve to speculative purposes. Unfortunately, a cryptocurrency won't start being largely used for buying/selling goods (like fiat currencies) unless its users have their "money" protected somehow. Until now, I find didn't a single project trying to address that problem.

[@dbalaji07]

Man....great video!

[@Cryptocraze-ic5hp]

this is better than Ivan on Tech

[@ryannorris2261]

Great Presentation, very informative.

[@johnhammer8668]

The IOTA video was much easier to grasp, may be because this is much complex .

[@jibbyjames]

Hey Siraj, these videos are really great. My only criticism is your audio quality, your voice is quite echo-y and the mic could do with some kind of foam cover to mute the higher frequencies a bit. Thanks.

[@spaceyfounder5040]

I would rather say that Solidity is more like JS than Python. I presume you just wanted to make it sound more friendly for viewers.

[@JoseAntonioTorresGzz]

Is Cardano a DAG or a Blockchain protocol?

[@IdkJustCookingDude]

I like how you used Ethereum addresses in your bitcoin sample script😂

[@samapata]

3:01 - comparing Bitcoin to Ethereum, is like comparing Apple to a phone. Apple makes phone...lol. Great video as always Siraj.

[@ShaikAsad]

Why aren't you on KZbin rewind and why isn't your channel verified yet?

[@kgothatsongako4760]

You should do a video on Atomic Swaps

[@tomsmith4542]

nice review !!

[@BosakMaw]

I want more reinforcement learning videos

[@kouohhashi]

I respect Siraj a lot but I disagree with the idea that sustainability is a problem. Think about it. Many project raised huge amount of money because investors believe that the team will be able to figure out the way to make system sustainable or even profitable. I think this is team's responsibility to make system sustainable. And I also think if blockchain project need continuous money to be sustainable, there is something terribly wrong. They must be sustainable by design.

[@FrankFarukCeviz]

Thank you for your all hard.

[@Waitwhat469]

The proof of stake seems like a little slippery slope to me. The more money you have the more money you make...

[@TheUETTT]

please do a video on Nucleus Vision (NCASH)

[@RodrigoDiasS]

Are you going to talk about Ripple??

[@niko3839]

proof of stake protocol

[@SirajRaval]

haha

[@rjturnernc]

Great video!

[@allurbase]

Bitshares is beating VISA today

[@tijssens]

that green screen game tho!

[@fille.imgnry]

yeah, you need to apply some machine learning to that green screen :)