SundaeSwap Mainnet Launch Causes Network Congestion on Cardano

Cardano's first dApp finally went live on mainnet but several platform errors and many failed transactions caused by network congestion left users frustrated.

Cardano, Decentralized Exchange

1/21/2022 3:47:00 PM

Cardano 's first dApp finally went live on mainnet but several platform errors and many failed transactions caused by network congestion left users frustrated.

Cardano 's first dApp finally went live on mainnet but several platform errors and many failed transactions caused by network congestion left users frustrated.

Cardano’s first dApp finally went live on mainnet but several platform errors and many failed transactions caused by network congestion left users frustrated.Four months later, the first Cardano-based decentralized app (dApp), SundaeSwap, launched its mainnet on January 20 after a series of private and

The decentralized exchange (DEX) allows users to trade, stake, and lend tokens on the platform, with traders paying little fees and liquidity providers earning returns on their deposits.As more users submitted their complaints on SundaeSwap’s Discord server, the platform’s CEO Mateen Motavaf posted at exactly 10:07 pm UTC:

Read more: CryptoPotato Official »

Nuestra Voz Today

Presented by The San Diego Union-Tribune and the Los Angeles Times. Read more >>

💩

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

SundaeSwap launches on Cardano, but users report failing transactions 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. 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 🤠💕🥰 SundaeSwap wait what i missed this :(

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 Live Cardano (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

Dvision Network Deploys on Polygon Mainnet as Widespread Interest in Metaverse Continues – Press release Bitcoin NewsPRESS RELEASE. Dvision Network is currently live on Polygon Mainnet, further solidifying their position as the definitive multichain metaverse protocol. Dvision_network When list Binance? Dvision_network KISHU Dvi 100$ soon

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

Author: Last Updated Jan 21, 2022 @ 12:44 Cardano’s first dApp finally went live on mainnet but several platform errors and many failed transactions caused by network congestion left users frustrated. The Cardano community and the rest of the crypto industry were excited when smart contracts were enabled on the network following its Alonzo upgrade last year. However, there have been some minor issues since then. SundaeSwap Goes Live on Cardano Four months later, the first Cardano-based decentralized app (dApp), SundaeSwap, launched its mainnet on January 20 after a series of private and public testing . The decentralized exchange (DEX) allows users to trade, stake, and lend tokens on the platform, with traders paying little fees and liquidity providers earning returns on their deposits. Failed Transactions Frustrate Users However, barely five minutes after staking went live, users who had initially been excited to join the DEX became frustrated with several platform errors and many failed transactions caused by network congestion. As more users submitted their complaints on SundaeSwap’s Discord server, the platform’s CEO Mateen Motavaf posted at exactly 10:07 pm UTC: ADVERTISEMENT “IF YOUR ORDER IS ON-CHAIN, IT WILL BE PROCESSED ORDERS ARE FAILING DUE TO CONGESTION, PLEASE BE PATIENT.” To further address other issues, SundaeSwap hosted an AMA session on Twitter Spaces around 1 am UTC on Friday, January 21. Seeing as there are thousands of pending orders on the platform, one user asked what effect the highly anticipated Cardano node upgrade would have on SundaeSwap. In response, the project’s CTO Matt Ho said, “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.” Several other users pointed out other areas of concern, including one who noticed that an order was filled on the SundaeSwap platform even before it was launched on the website. However, Ho replied, “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.” Not a Surprise While the network congestion on the SundaeSwap platform might come as a surprise to many, the project’s core team is not. The team announced before SundaeSwap’s official mainnet launch that transactions could take hours or even days to be fulfilled depending on the overall load of the network. The blog post read, “To be as transparent as we can, 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 and executable.” SPECIAL OFFER (Sponsored)