{"id":53062,"date":"2023-06-26T06:06:54","date_gmt":"2023-06-26T10:06:54","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=53062"},"modified":"2023-06-26T06:06:57","modified_gmt":"2023-06-26T10:06:57","slug":"cardano-foundation-exec-says-theres-no-best-blockchain","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/cardano-foundation-exec-says-theres-no-best-blockchain\/","title":{"rendered":"Cardano Foundation Exec Says There’s no Best Blockchain"},"content":{"rendered":"\n

Mel McCann, vice president of engineering at the Cardano Foundation<\/a>, believes the debates on the best blockchain should stop as there is no best blockchain, as each has its particular use case.<\/p>\n\n\n\n

\"Cardano
Cardano Foundation Exec Says There's no Best Blockchain<\/figcaption><\/figure>\n\n\n\n

Although many community members enjoy debating the ultimate blockchain, a Cardano Foundation executive believes these debates should cease because use cases dictate which blockchain is most suitable for specific projects.\u00a0<\/p>\n\n\n\n

Mel McCann, vice president of engineering at the Cardano Foundation, at the World Token Summit in Dubai\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>. The executive discussed various topics, including enterprise adoption and ceasing debating the best blockchain.<\/p>\n\n\n\n

According to McCann, blockchain offers numerous prospective advantages for tracing the history of virtually any object. “There are numerous ways to use the blockchain for proof of origin, provenance, and all of these other purposes,” he said. There are numerous methods for businesses to utilize the blockchain for various purposes. <\/p>\n\n\n\n

However, according to McCann, businesses must keep their business models the same to accommodate. The executive explained that one of his interests is identifying areas that could help enterprises “enhance” their current operations. He said:<\/p>\n\n\n\n

\n

\u201cWe\u2019re not looking to change people\u2019s business models. What we\u2019re looking to do is: How can they better improve their business models by leveraging Web3 capabilities?\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n

The executive explained education's role in enterprises' adoption of Cardano and Web3. McCann remarked, “We devote much time to education, including direct education with businesses, in addition to the mass education platform we're developing.”<\/p>\n\n\n\n

When asked to compare the pros and cons of various blockchain platforms, McCann stated that each has unique applications. The executive also stated that there is no definitive blockchain<\/a>. He said:<\/p>\n\n\n\n

\n

\u201cOne of the things that I think people need to stop doing is going, \u2018What\u2019s the ultimate blockchain?\u2019 You know, \u2018What\u2019s the best blockchain for this?\u2019 And, it doesn\u2019t exist in my mind because it really depends.\u201d<\/em><\/p>\n<\/blockquote>\n\n\n\n

McCann argued that only the entrepreneur could determine which blockchain would be most suitable for their enterprise. The executive argued that various blockchains offer distinct advantages. “I will never affirm that it is a one-stop destination. “This is not how things work,” he explained.<\/p>\n","protected":false},"excerpt":{"rendered":"

Mel McCann, vice president of engineering at the Cardano Foundation, believes the debates on the best blockchain should stop as there is no best blockchain, as each has its particular use case. Although many community members enjoy debating the ultimate blockchain, a Cardano Foundation executive believes these debates should cease because use cases dictate which […]<\/p>\n","protected":false},"author":12,"featured_media":11027,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[130],"tags":[202,8679,6795,15009],"class_list":["post-53062","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","tag-blockchain","tag-cardano-foundation","tag-web3-2","tag-world-token-summit"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/09\/Charles-Hoskinson-outlines-the-future-of-Cardano-at-the-Cardano-Summit-2021-3.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/53062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=53062"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/53062\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/11027"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=53062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=53062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=53062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}