ICYMI: Cardano is currently facing a significant issue, with some swaps taking up to 30 minutes to complete ADA $ADA CardanoCommunity
, the smart contract platform developed by Charles Hoskinson, is currently facing a significant issue. Despite Hoskinson's earlier claims that the Cardano network could theoretically handle up to a staggering one million transactions per second , the reality is turning out to be quite different. Users are experiencing delays, with some swaps on Cardano-based decentralized exchanges taking up to 30 minutes to.
Cardano has been hailed as a revolutionary"Ethereum killer," boasting an impressive array of technical capabilities and aiming to deliver an unrivaled user experience. However, the recent problem of time-consuming swaps is a major setback for the network, potentially undermining its position as a leading player in the DeFi sector.A key factor in a blockchain network's success is its transaction processing speed.
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