Some people will never really know how early they are to technology.
$ICP with the ATH Market Cap of $BNB would need to do a 45x from CURRENT PRICE. This places ICP at $337 per token.
But let's actually get into the data:
- ICP are roughly about 80x cheaper to send compared to BNB Coin
- ICP's transactions are about 100x faster to confirm, i.e. reach acceptable certainty
- ICP has achieved a Nakamoto Coefficient of 415. BNB is just 7. This is a true measure of decentralization, and the higher the score, the better. ICP leads the space.
So when you start to query why people are buying ICP and how hard can it actually run... look around.
The biggest kicker here is that I haven't even touched on:
- CaffeineAI
- Dfinity 2.0
- Utopia
- Convo
Read the room.
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A lot of new people looking at Stellar so I thought I'd write down some quick thoughts about why Stellar is worth your time.
IMHO Stellar is the most underrated and least understood crypto project. A lot of recent attention but people are still sleeping on this network.
Stellar already does way more transactions per day than all but two networks. 10x the number of transactions per day than Ethereum. Many real people are already using it for actual real-world transactions.
So many things are just simpler and well thought out. Native stablecoin and token issuing. Builtin DEX. On chain governance. Smart contract system that is safer (no footguns like re-entrancy), more performant (built from the ground up for concurrency), more sustainable (state archival). Better foundation for actually good UX (passkey support, native multi-sig), etc
It has been one of the most performant chains for years. Its fees have always been essentially 0 because the protocol is efficient and fast.
This is more qualitative, but the engineering is world class. And not so sexy but look at the developer docs. Absolutely the best in the industry. Makes spinning up on stellar as a developer a delight.
I believe the best and most impactful use of crypto is as digital money. Which means it must be a good and useful means of payment. This is what Stellar has been focused on and what it is built for. And it is a very very good system for this. People and businesses around the world are realizing this and I think Stellar has a very real chance of becoming a big part of the world's financial infrastructure.
But the dogs are cuter on some other coins, it's true.
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