Cardano ADA

[Anonymous No.53339244]

What is Cardano's tps? I keep getting conflicting answers

[Anonymous No.53340220]

>>53339244
tps is the wrong question to ask.
the real question is is the team working towards creating a diverse and inclusive future

[Anonymous No.53342118]

The answer is clearly spelled out in the image you posted. Twenty-four transactions per block with a block time of twenty seconds. 24/20 = 1.2 transactions per second. Notice also that the blocks aren't full and filled with mostly garbage NFT transactions. This means that not only is there little demand for blockspace on the chain, it also settles negligible economic activity.

[Anonymous No.53342255]

>>53342118
can it scale?

[Anonymous No.53342339]

>>53342255
Any blockchain can theoretically scale. All it requires is a layer two that either lowers the mining difficulty in the case of proof of work or lowers the number of validators required with proof of stake and then post the result periodically to settle on the main chain. This comes often with security trade offs, so layer 2 solutions should only be pursued once the foundation for them has been set. The question you should be asking is: "Why does Cardano even need scaling?" There is already no demand for blockspace on the chain. Whether it does 1 tps or 1000 tps, there is no economic incentive to use the chain, to validate it or to develop on it.

[Anonymous No.53342395]

>>53342118
All those NFT transactions couldn't be bundled together on Ethereum, meaning all those thousands of NFT transactions would need thousands of Ethereum transactions, while on Cardano you only need 24 transactions. That is why a transaction costs $1,000 on Ethereum during the bull market.

Congratulations, you just played yourself

[Anonymous No.53342443]

>>53342339
>there is no economic incentive to use the chain, to validate it or to develop on it

You can code smart contracts on Cardano with Python. You can't on Ethereum.

Congratulations, you just played yourself again.