SundaeSwap launches on Cardano, but users report failing transactions

The @SundaeSwap launch on Cardano gets off to a rocky start, with network congestion slowing transaction processing.

1/21/2022 2:00:00 PM

The SundaeSwap launch on Cardano gets off to a rocky start, with network congestion slowing transaction processing.

Cardano’s first DApp and DEX, SundaeSwap, launched on the mainnet today amid a great deal of hype however network congestion has held up swaps on the platform for over five hours since trading began.

By 10:07 pm UTC, SundaeSwap CEO Mateen Motavaf posted a message in bold font and all caps trying to address the volume of complaints on the server:“IF YOUR ORDER IS ON-CHAIN, IT WILL BE PROCESSED ORDERS ARE FAILING DUE TO CONGESTION, PLEASE BE PATIENT.”

The SundaeSwap teamhosteda Twitter Spaces AMA at about 1 am UTC to further address any issues that traders were having with the platform. In light of the tremendous backlog of orders holding up swaps, or “scoops” as they’re called on SundaeSwap, one user asked what the expected effect of an upcoming Cardano node upgrade would have. Chief technical officer Matt Ho answered:

Read more: Cointelegraph »

'Precious individuals' taken in Texas school shooting

UVALDE, Texas (AP) — One student was an avid runner, so fast she swept the races at field day. Another was learning football plays from his grandfather. One girl sensed something was wrong and wanted to skip school. Read more >>

SundaeSwap Shocker SundaeSwap A flop start SundaeSwap Crypto shit to hell. dumpBitcoin dumpCardano idontSupportClown SundaeSwap this thing here is From sweeping ho(l)es to sweeping floors: Snoop D. and Barack O in their new hit song: SundaeSwap ADA is great. Hope it will be $4 soon. SundaeSwap Hey, have you seen this Meta2Earn project? They will develop game artifacts for the most popular Play2Earn games and metaverses. For example, for TheSandboxGame!

SundaeSwap $CINU CheemsInu cheems CHEEMSINUARMY BSC BSCGem cryptocurrency Breakout CryptoInvestment gains earlygem 100xgem 1000xgem NFT 1goonrich cheemsinu SnoopDogg elonmusk davidgokhshtein CometCalls 💹🚀💎 SundaeSwap AİNU-TOKEN SundaeSwap Cardano is a great coin. Gonna invest more usdt in it.

SundaeSwap TokenAinu AinuToken 22 January Play to earn game Ainuball SundaeSwap wait what i missed this :(

Cardano Announces Major Scaling Update as SundaeSwap LaunchesCardano releases major scaling update as SundaeSwap gets underway ADA CardanoCommunity shiba shibainu cryptocurrencies shibainucoin Good news 👇👇 BabyDoge Very much enjoy the sounds of that 📈

SundaeSwap does anyone have a polygon version? SundaeSwap Just wait for Astroswap januari 28. It’s 10x better and faster than SundaeSwap. SundaeSwap here Ex President and Ex-Gangsta team up to rap bout NFT’s SundaeSwap This token pays it forward by funding food and medicine for stray animals.Its not always about the money in crypto What’s to come Dex & Cex Listings Regular AMAs in VC Partnerships coming Groundwork Coin Market Cap Listing Coin Gecko Listing 🐾 kingkishu BSCGem KISHU 🤠💕🥰

Here's When Flagship Cardano DEX Will Enable SwappingSundaeSwap will launch swapping later today, but user experience could be bumpy during the first days SundaeSwap BabyDoge

ADA Ecosystem Sees Huge Boost As First Decentralized Exchange On Cardano Finally Goes LiveCardano (ADA) has been experiencing quite a lot of buzz lately as most crypto-assets continue to waver. The price of ADA is up about 10% in the last seven days. This spike in price is closely tied to the earlier announcement made by SundaeSwap that it would launch on mainnet today. SundaeSwap’s... Cool $ADA

Cardano, Monero and a Few Other Altcoins Show Possible Incoming Price Rise per This Metric⬆ +16 Cardano, Monero and a Few Other Altcoins Show Possible Incoming Price Rise per This Metric $XMR monero

Cardano, Monero and a Few Other Altcoins Show Possible Incoming Price Rise per This MetricICYMI: the price of Cardano, Monero and a few other altcoins might rise soon, according to Santiment data ADA $ADA $XMR cardano 📉↘️ champion at the end😬

BART vigorously denies report that says agency 'fails across the board'BART vigorously denies a report that says agency 'fails across the board.' Today is Thursday my train in the morning has been late everyday this week except today. 98% lies They can deny it all they want it's true. I ride Bart 5 day's a week and it's scary, dirty and smelly, Station agents are rude and don't do a dam thing. Then we can talk about being on time and canceling trains. It's an expensive mess. Bart is so old, honestly American got the crapiest public transportation for a 1st world countru

January 20, 2022 By 10:07 pm UTC, SundaeSwap CEO Mateen Motavaf posted a message in bold font and all caps trying to address the volume of complaints on the server: “IF YOUR ORDER IS ON-CHAIN, IT WILL BE PROCESSED ORDERS ARE FAILING DUE TO CONGESTION, PLEASE BE PATIENT.” The SundaeSwap team hosted a Twitter Spaces AMA at about 1 am UTC to further address any issues that traders were having with the platform. In light of the tremendous backlog of orders holding up swaps, or “scoops” as they’re called on SundaeSwap, one user asked what the expected effect of an upcoming Cardano node upgrade would have. Chief technical officer Matt Ho answered: “Once the change happens on the 25th, we expect greater than a 2X throughput increase from strictly the memory bump by itself as additional protocol parameters become available.” Another user noticed that an order was filled on the DEX before it was launched on the website. A tech-savvy trader can bypass the website user interface and execute trades directly on the underlying smart contracts for any DEX. Ho responded that “there were so many things to deal with, we didn’t believe maybe, to our naivete, that someone would have constructed a transaction by hand ahead of time.” By 2:40 am UTC, users were still complaining of failed transactions and orders pending for over four hours. Chief investment officer Pi Lanningham responded on Discord: “Orders will continue to be processed (currently around 2500 orders per hour; currently ~11k orders on chain, ~1600 of them within slippage tolerance).” The SundaeSwap team has not yet responded to Cointelegraph’s request for further comment. The core team of the project expected a large backlog of orders ahead of the launch based on the performance of the testnet about one month ago. In a Jan. 8 blog post, the team wrote : “We want to inform you all that while orders may take days to process, everybody’s orders will be processed fairly and in the order they were received.” Related: Cardano goes ‘full send’ with a 50% ADA rally ahead of SundaeSwap launch By using the performance of the SundaeSwap platform from a previous test phase, the team acknowledged the possibility of poor performance at first but said, “We’re very confident that the protocol can meet the normal day-to-day load once things settle down.” The Cardano blockchain