What's the difference between Ergo and Cardano?

Both use eUTXO, but differ in consensus and philosophy. Ergo: PoW (Autolykos), fair launch, no VC funding, storage rent. Cardano: PoS (Ouroboros), VC-funded, larger ecosystem. Ergo prioritizes decentralization and sustainability; Cardano prioritizes academic rigor and institutional adoption.

• Both: eUTXO smart contract model
• Ergo: PoW; Cardano: PoS
• Ergo: Fair launch; Cardano: VC-funded
• Ergo: Storage rent; Cardano: No rent mechanism
• Cardano: Larger ecosystem, more funding
• Ergo: More decentralized, cypherpunk ethos