Cardano Community Strikes Back at Researcher’s TPS Critique


  • A crypto researcher criticized Cardano’s scaling efforts as insufficient for competition. 
  • Justin Bons and the Cardano community clashed for days about Cardano’s throughput.
  • Cardano developers and influencers jumped to clarify the network’s numbers and end the drama. 

Cardano is actively working to improve its network through meticulous research and streamlined solutions. This year, the POS Chain has introduced a flurry of interesting protocols to tackle its interoperability, scalability, and throughput challenges, with many more in the pipeline, including the highly anticipated Input Endorsers protocol. 

IOHK claims the Layer-1 solution could catapult the network’s transactions per second (TPS) by 20 times. However, as the Cardano community eagerly awaits this leap forward, one reputable researcher has cast doubt on the numbers IOHK reported, sparking heated debates. 

Justin Bons Picks a Fight With Cardano 

Earlier this week, renowned crypto researcher Justin Bons turned his attention toward Cardano’s scaling efforts, particularly focusing on Input Endorsers. The critic suggested that while the mechanism could potentially boost the network’s speeds to around 2000 TPS, it wouldn’t be sufficient to compete effectively with other blockchains. 

Bons’ comments landed him in hot waters, with many Cardano community members attacking the researcher’s credibility. Others argued that the TPS metric was irrelevant, highlighting Cardano’s focus on Outputs Per Second (OPS) rather than the traditional TPS metric. 

Despite the backlash, Bons stood his ground and revisited his initial calculations, acknowledging that IOHK’s self-reported TPS figures were inaccurate. He recalculated a more accurate estimate for the network, suggesting it could reach speeds of up to 400 TPS, stirring drama for being much lower than his previous claims. 

As tensions escalated, Bons emphasized that TPS remained a standard industry metric and argued against adopting alternative metrics like OPS to make the network look good. This sparked another flurry of research and discussions within the Cardano community as developers sought to clarify the network’s performance metrics. 

While many Cardano community members have dismissed the TPS metric as overly simplistic, labeling it a lazy system, several developers and influencers, including Cardano Yoda, had interesting takes. 

Cardano Yoda shed light on many inaccuracies in Justin Bons’ calculations, underscoring that the researcher measured basic transactions on Cardano to be 300 bytes, missing the mark by a few zeros. Drawing a comparison to Algorand’s transaction model, the influencer highlighted that Input Endorsers on Cardano would divide transaction data across different blocks, resulting in a much lower figure of 32 bytes.

Cardano Yoda further emphasized that Input Endorsers would allow transactions to be created exceptionally faster than current rates, potentially reaching 1,500 TPS. He also noted that the number could double if Cardano opts to increase the size of input blocks, ultimately achieving speeds of up to 3000 TPS. 

Some Cardano developers calculated an even larger number, estimating that Input Endorsers could propel the network’s TPS speed by 400x, leading to a max TPS of 30,000. 

On the Flipside 

  • Charles Hoskinson claimed that Cardano layer-1 solution Hydra could reach speeds of up to 1 million TPS. However, a Cardano developer later dismissed the numbers, labeling them misleading. 
  • Charles Hoskinson believes that by the summer of 2023, Cardano could surpass Bitcoin, Ethereum, and every other cryptocurrency in decentralization. 
  • Recent Santiment data named Cardano the industry’s top dev platform at press time, eclipsing competitors Polkadot and Kusama.

Why This Matters

Cardano, at its core, still needs to improve. Discussions around its infrastructure bring forth valuable insights from the community and critics about its trajectory for the future while the network focuses on deploying new solutions and protocols. 

With the FTX-SBF trial nearing, catch up on how the founder’s dad siphoned exchange funds:
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Read more about how markets will react after the FOMC meeting:
Crypto Market Looks for Direction Ahead of FOMC Meeting





Source link: https://dailycoin.com/cardano-community-strikes-back-at-researchers-tps-critique/

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