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52673252 No.52673252 [Reply] [Original]

SundaeSwap (DEX) on Cardano is currently doing near feeless instant transactions, with 1,000 TPS on one Hydra Head (one stake pool), meaning Cardano can scale on multiple Hydra Heads, meaning effectively 1,000,000 TPS if you use all Hydra heads available (over 3,000 stake pools available).

Cardano will overtake Ethereum next bull-run and /biz/ will shit it's pants because they were too busy calling Cardano a scam (even though /biz/ shills scams on a daily basis).

Ethereum cannot compete with Cardano. Autistic Vitalik even said himself that rollups would take 6-10 years. Yeah, you heard that right, 6-10 years. I'm not even joking. Ethereum is a mess. It's a joke.

Cardano is the future and there's nothing you little freaks can do about it except whine when you miss out on the Cardano generational bottom.

Cardano just won.

>> No.52673297

>>52673252
Ardana

>> No.52673336

>>52673297
Ethereum staking (no contract to withdraw stake) rug LMAO

>> No.52673343

>>52673252
how are the staking APYs for ADA compared to ETH?

>> No.52673345

Based. I don't have much but if this happens, I will be very happy. I knew ADA was a gamble anyway, but it'd be cool if it paid off.

>> No.52673370

>>52673336
Very true

>> No.52673372

Crazy how quickly people forget how fuckin' botched SS is and their multi day transactions that end up failing.

>> No.52673379

yeah listen to a charles livestream sometime. he is the most onions of all men, but damn that guy can talk well. i can't tell if he writes a speech down for every stream, it sounds so polished but non-scripted at the same time

t. 10k baglet staking on daedalus

>> No.52673400

>>52673379
Ethereum fags have to actually send their Ethereum out of their wallet to stake, while Cardano chads can just stake directly from their wallet.

Cardano chads literally can't stop winning.

>> No.52673407

>>52673252
Do you have a source for 1k TPS?

>> No.52673519

>>52673407
If there is no source I will just assume this is fake and continue to invest in ICP. Even if it has 500 TPS I'd be impressed because as >>52673372 said the launch of Sundae Swap had a comical 7TPS.

>> No.52673536

>>52673407
>>52673519
You're obviously too retarded to google "hydra head".

I'm not spoon feeding retards.

>> No.52673541
File: 181 KB, 1284x1229, C50CDCE9-5EEE-4564-B4B3-246B98D49C92.jpg [View same] [iqdb] [saucenao] [google]
52673541

>>52673519
Kek, imagine investing in a token that’s currently doing 9k tps this second and will be the back bone of Web 3.0.
But is named internet computer.

>> No.52673552

>>52673541
Nobody wants their emails on the blockchain, nerd.

>> No.52673619

>>52673536
Ok I found an article from February that says 1000 TPS is a theoretical limit for hydra heads. It also talked about different transaction sizes contributing to a lower TPS... So: how many transactions per second has a hydra head been tested to run at?

>> No.52673704

>>52673619
The more I read, the worse it gets ngl. Yeah cardano chads, I think ygmi with your layer 2 solution that will really just knock Ethereum out of the park. I'm afraid you'll have to go on without me. No one wanted to spoon feed me because they were afraid I'd see what cardano is REALLY capable of.

>> No.52673717

>>52673407
They are testing on Hydra. So at the rate of dev in cardano land, it should be ready in 2028. Meanwhile, the mainnet version is still rock 2 or something TPS.

>> No.52673821

>>52673704
>layer 2 solution

It's literally what Ethereum is trying to do with their rollups that will take 6-10 years.

Cardano already has rollups (Hydra Heads).

>> No.52673838
File: 1.02 MB, 512x512, 1669753867553535.gif [View same] [iqdb] [saucenao] [google]
52673838

i have 2mil ada and im ready to get off the roller coaster
im sick of charles
im sick of muh we're the future guys
im stick of this shitcoin
i will dump this shit so hard you wont even believe it

>> No.52673847

Tech doesn't matter. We only care if it's gonna pump or not

>> No.52673861

>>52673847
>if it's gonna pump or not

ATH is 10x from here.

Ethereum ATH is only a 4x from here.

The clear winner here is Cardano, that will replace Ethereum.

>> No.52673869

>>52673861
Doesn't that just mean Ethereum can potentially reach its ath again easier?

>> No.52673950

hey hey heyyyy
wassup wassup wassuuuuppp

>> No.52673966

>>52673252
I don't care.
>>52673869
yes

>> No.52674143

>>52673966
>only a measly 4x at ATH

Those are absolute shit gains

>> No.52674200
File: 125 KB, 1079x430, Screenshot_2022-11-30-02-01-24-11_40deb401b9ffe8e1df2f1cc5ba480b12.jpg [View same] [iqdb] [saucenao] [google]
52674200

>>52674143
Whose side are you on m8?

>> No.52674319

>>52673343
2-4%, no slashing

>> No.52674920

>>52674319
What's no slashing?

>> No.52674991

>>52674920
If the validator you staked to fails constantly or does dodgy shit you lose some of your stake. Cardano doesn't have this mechanism.

>> No.52674999

>>52674991
Based Cardano. Based Charles

>> No.52675020
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52675020

>>52674319
>>52674920
if you don't have to run a piece of software and cannot lose any money due to misbehavior, then you're not staking. simple as.

>> No.52675035

>>52675020
You literally can't even unstake on Ethereum LMAO

>> No.52675044

>>52673252
Know what else does near feeless instant transactions? My bank.

>> No.52675045

>>52673252
DEX tiers (current status, not 4chan memes)
S tier:
Sundae Swap
A tier:
Wingriders
B tier:
Minswap
C tier:
Muesliswap
D tier:
ADAX, Cardax
F tier:
anything else

>> No.52675048

>>52675020
Tbf no slashing has clearly helped in cardanos decentralization. On other chains, incentives like a higher apy to stake on smaller validators are needed. Otherwise why stake anywhere outside the top validators.

>> No.52675049

>>52675044
>My bank

Try withdrawing $100,000. They won't let you instantly.

That's the difference. Cardano is decentralized, your bank is a centralized piece of shit.

>> No.52675055

>>52675045
What's the volume on uniswap compared to your list anon?

>> No.52675063

>>52675055
idgaf enough to check, desu. I only research cardano

>> No.52675068

>>52675048
>Tbf no slashing has clearly helped in cardanos decentralization
no it hasn't. cardano's consensus mechanism is just Charles flavor of delegated PoS. there is a reason ethereums PoS was celebrated this much while nobody ever cared about Charles DPOS algo.

>> No.52675077

>>52675063
Enjoy being poor

>> No.52675081

>>52675068
Cardano is POS, not DPOS

>> No.52675084

>>52675068
Is there some reading I could do on this anon?

>> No.52675090

>>52675077
If you only knew.

>> No.52675098

>>52675081
if you're not running your own node then you're not staking. in cardano "staking" means delegating coins to a staking pool.

>> No.52675126

>>52675098
This is how staking works everywhere. Unless you are running the hardware yourself you stake to a validator.

>> No.52675134

>>52675090
Yes, yes I'm sure you are super rich anon.

>> No.52675147

>>52675126
in ethereum you have to run a node with your own ETH at stake to produce blocks. parking your ETH on coinbase or lido is not staking, that's just CEFI with ethereum staking in the background to generate the yield. if you are not in charge of producing blocks, then you are not part of the consensus mechanism and therefore you're not a validator.

>> No.52675222

>>52675147
Again, this is how staking works everywhere.

>> No.52675243

>>52675222
not on Cardano or other DPOS chains. there, you only delegate your coins to some staking pool and can go offline afterwards. you never produce a single block and thus are never part of the actual consensus mechanism.

>> No.52675261

>>52675243
So stake pool/validator. How does this wrap back to "you're not staking unless you run your own node"

>> No.52675291

>>52675261
how hard is that to understand?
cardano: you never produce blocks yourself.
ethereum: you produce blocks yourself.
therefore Cardano doesn't use PoS but ethereum does. can't explain it in simpler terms.

>> No.52675293

>>52675045
Minswap > WR > Muesli > Sundae

>> No.52675326

>>52675291
No the node you stake to produces blocks. Just as your stake pool in cardano produces blocks. Wtf are you on about dude?

>> No.52675336

>>52675326
sorry you're apparently too dumb to understand basic terms like "yourself". you found the right place in the cardano community, please stay there.

>> No.52675358

>>52675336
I'm not even in cardano dickhead. You can't run your own eth node or ada stake pool without a large amount so how the fuck is it different to most people who are just staking.

>> No.52675433

>>52675336
retard

>> No.52675447

>>52675293
Nah. Sundae is several times faster than Min. Only use Min if it's a small pool like a meme coin. They only have gimmicks like "zapping". Sundae is about to lead tech wise
Posting from phone so I might have a different ID

>> No.52675829

>>52675447
Have you used Sundaeswap?

What is it like?

>> No.52676589

>>52675447
"Lead tech wise" Bruh they're literally about to die from lawsiuts meanwhile MINchads are turning on the fee switch for MIN holders

>> No.52676776

>>52676589
Minswap almost got rugged for all of its liquidity due to jeet code. Their code was so bad they "fixed" the issue and closed the source. You are a retard if you put any money into a shitcoin like that. I wish wingriders just rugged them and flushed the ecosystem of this poo instead of allowing it to live on and continue deploying shit code.

>> No.52676803

>>52676776
sundae never even OS'd and if you trust auditors in Cardano then you clearly had no developer experence there, auditors are as clueless as everyone else
t. dev with shit on mainnet (not a dex)

>> No.52677155

>>52676803
>muh sundaeswap
I dont care about what sundae is doing it has nothing to do with the fact minswap is smelly jeet code. You have no argument against shady jeets closing their source when it got proven their code was shit.

>> No.52677252
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52677252

>>52673407
>theoretical
>>52673536
>Still not online after more than a year and no release date in sight.
Cope more Cardanus cuck

>> No.52677281
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52677281

>>52675829

>> No.52678024

>>52673252
Is light fast cuz nobody uses that chain
Kek

>> No.52679584

i'll make this simple for you:

>cardano = japanese gaming blockchain scam

>> No.52681835
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52681835

>65 replies
>page 10

>Cardano won

>> No.52681867

>>52673536
SundaeSwap can only process 1 transaction per Sunday, dumbass.

>> No.52681948

>>52673252
bottom is in.
real chains gets threads longer than 5 post and there is no shitcoins in front page.

Hosky.io

>> No.52682089

>>52675081
you put your ADA in with other people, on someone else's node, that does all the staking for you, with your coins
that's DPoS

>> No.52682138

>>52675326
>No the node you stake to produces blocks.
the "node you stake to" is what makes it DPoS, you aren't staking to an own personal-run node as true PoS

>> No.52682177

>>52673372
lmao "Someday Swap"

>> No.52682279

>>52673821
>It's literally what Ethereum is trying to do with their rollups that will take 6-10 years.
there's 4 diffrent brands of L2 on eth right now, from optimism to arbitrum to zk-snarks and other validium shit, and cardano is still trying to run on watchtower-node hydra heads that work well with sending direct payments but smart contracts without "owners" difficult to do on plasma channels
also eUTXO is interesting, and parallel transactions with it are nice, but to make it parallel it's needed to divide up the liquidity (which is one of the main selling points of defi)

there was also some other shit with doing flash loans for things like massive balancing of things like curve stablecoin pools but idk if they fixed that yet (or if that'd even be something on hydra)

add in, did they ever add a fee market? imagine trying to pull off a $50,000 arbitrage trade but having to wait in line behind 800 pajeet swaps of 50 bucks since the "muh low fixed fees"

>> No.52682323

>>52673847
unironically the worst thing a crypto currency can do is finally finish and deliver their product
the entire build time hype builds up and the price pumps, but then the product comes out and cold reality sets in and the slow steady price dump occurs

>> No.52682366

>>52674143
ETH 4x at ATH and it staying there in that range puts me in the low-mid 6 figure staking range so sounds a-okay with me
hopefully LINK staking works out well on top of it

>> No.52682392

>>52675055
uniswap is pulling numbers
https://decrypt.co/114665/uniswap-overtakes-coinbase-second-largest-exchange-trading-ethereum-today

i wonder if someday swap breaks the 6 figure daily trading volume range

>> No.52682429
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52682429

>>52682323

>> No.52682481

>>52675126
these numbers are likely outdated, but it's the number of active nodes running with the entire blockchain history, staking their own coins and making their own blocks that do it
and risk slashing, for being offline, since the entire point of staking is 100% uptime, and being down should cause punishment
add in if a large number of malicious actors occur, slashing adds a powerful incentive to deter those malicious actors

>> No.52682511
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52682511

>>52682481
forgot to post pics
not sure what year this is from and how far the numbers are different, but i can't imagine they've changed more than an order of magnitude there

>> No.52682525

>>52682429
going by old numbers here
>>52682511
FTM would have like 100-ish validators? and i remember back in late 2020 or so, 2 of the largest FTM validators went offline at once, and the chain froze up for like 2-3 days entirely

>> No.52682665

>>52682511
>top tier
>all garbage
kek
missing xrp, xlm, hbar, quant
basically anything worth anything

>> No.52682685

>>52682665
it's dated
add to it then

>> No.52684202
File: 482 KB, 1434x955, 1434_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy8xZDc3ZGI5MzhjYTQ4Mjc0MzJjY2Q2NTIwZjU4YTMwOC5qcGc=.jpg [View same] [iqdb] [saucenao] [google]
52684202

>>52673252
At least, it placed emphasis on privacy. Seems to be a very important topic these days

>> No.52684262

>>52673252
Hail Hydra!

>> No.52684730
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52684730

>>52682525
>CHAIN FROZE UP FOR 2-3 DAYS, IT WAS OVER!!
actually 7 hours and hasn't happened since..

https://chainbulletin.com/2-validators-responsible-for-fantoms-outage

>> No.52684786
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52684786

>>52682665
>XLM - delisted from coinbase wallet because of lack of use
>XRP - delisted from coinbase wallet because of lack of use
>Lack of use...

>> No.52685118

>>52684730
>7 hours
and 7 hours longer than it should have ever happened, with 2 validators going offline
as bad as avax shutting down for 2 days due to that "double mint" bullshit

>> No.52685170

>>52675358
You only need 32 eth to run a node.
I looked at cardano pools and it looks like you need about 6M Ada to get some blocks per epoch

https://adapools.org/pool/pool17taqml487n9t4r9a6ppvf9qv0qlw2lu4zcrzwfdsfcv6xp7uqym

>> No.52685228

>>52685170
so $2,000,000 to run an ada node at current prices
and $38,400 to run an ETH node at current prices
$40k ain't cheap, but sure as fuck cheaper than 2 million

>> No.52685380

>>52685228
Now correct for market caps

>> No.52685423

>>52685380
Ok I did, cardano with eth's cap need $28M per node

>> No.52685680

>>52685423
iirc, the cost of running an AVAX node was somewhat retarded as well, but that was a year ago so idk price-wise to run one

>> No.52686672
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52686672

>>52673252
so can i swap my cardano for something useful now?

>> No.52688131

>>52685118
>7 hours is bad as 2 days
Why does the government let you use the internet?

>> No.52688457

>>52686672
I think the only good product is the strippercoin... They build an ecosystem in adult industry, NFTs, token, app, marketplace soon! I don't see anything else for Cardano so far...

>> No.52688665
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52688665

>>52682665
>hbar
is for retail baggies