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[–][deleted] [score hidden] stickied comment (1 child)

Cardano is currently not averaging 250TPS, it is actually quite lower.

Please however note that an increase in TPS is changeable with protocol parameters.

[–]what_duck 157 points158 points  (83 children)

How will Cardano keep up with Ethereum's 2.0 upgrade (when, if, that arrives)?

[–]FidgetyRat 235 points236 points  (18 children)

By continuing to develop the same way Ethereum does. Scaling will be covered by Hydra shortly after Alonzo completes.

[–]GratinB 35 points36 points  (10 children)

when is alonzo and what gives you the confidence to say "shortly after"?

[–]GoldenRain99 107 points108 points  (7 children)

Alonzo is the HFC that will enable Smart contracts on the Cardano Mainnet.

By "shortly after", he doesn't mean in just a month or two lol. If he does, then the team would have to be on point to hit those targets. Hydra will enable the cardano blockchain to be capable of 1,000,000+ TPS, we just have to get there first.

Rome wasn't built in one day

[–]Obvious_Error_9354 12 points13 points  (0 children)

Exactly Hydra is going to blow them out of the water. Also Cardano is no a cheap ripoff blockchain. It has been built for purpose.

[–]kranzj 14 points15 points  (3 children)

Hydra is a state channel solution. State channels introduce so many new problems that it simply doesn't cut it to say they'd scale the network to x/y/z tps. In theory, the LN also scales Bitcoin to +inf tps. Same idea, same problems.

[–]GoldenRain99 9 points10 points  (1 child)

Huge difference is that the Cardano team is actually going to come to consensus when it comes to taking the proper steps to evolve their protocol.

[–]kranzj 10 points11 points  (0 children)

Maybe but I still don't see how state channels are ever going to bring the improvement they're advertised for. Certainly, it's cool that Kraken and Binance will be able to exchange tokens at light speed. But the average Joe won't have a state channel with enough liquidity whenever they want to transact.

[–]Crozenblat 17 points18 points  (0 children)

Alonzo is expected Aug/Sep.

[–]lnong 2 points3 points  (3 children)

Sorry but i need to throw in some noob questions here. Are Alonzo and Hydra L2 solutions? Hydra is a state channel solution...so does it have a purpose similar to zk/optimistic rollups? What does Alonzo do?

[–]SolarAU 7 points8 points  (2 children)

Alonzo is mainly adding smart contract functionality to Cardano. It's currently in the testnet phase with a small number of operators but will soon be opened to a few hundred operators for testing before mainnet launch of Alonzo somewhere around September

[–]lnong 6 points7 points  (1 child)

Oh so Alonzo is the effort to augment the existing layer 1 blockchain code and not a distinct layer on top of the chain?

[–]aesthetik_ -3 points-2 points  (1 child)

How shortly after?

[–]Sonic_The_Margehog 55 points56 points  (0 children)

Check out the Cardano roadmap. We are only approaching the 3rd milestone out of 5

[–]anlskjdfiajelf 74 points75 points  (46 children)

Ada in its final form will still smash eth 2.0. I don't believe any software project can radically change their platform and have it be as good as newly built things.

Eth has been out for years, ada and dot are being made by cofounders of eth. I just don't believe any software can be refactored as well as a brand new project would be able to.

Eth 2.0 will fix a lot I'm sure, but at the end of the day to me at least, it's still eth and just fundamentally cannot scale as much as ada or dot.

I've seen shitty legacy code, no one can fix garbage lol, at a certain point you gotta restart and change your entire infrastructure.

Just my 2 cents, I'm no blockchain dev but as a dev in general I just don't think it's possible for eth 2 to be as good as ada in its final form.

[–]tyrannomachy 22 points23 points  (7 children)

The protocols are what matters, not the code base. All the work goes into nailing down changes to their respective protocols, the code base is ultimately just implementation detail. It's like TCP and UDP versus a networking library. If the code base sucks, you can just start from scratch, because the protocol you need to implement has been so well specified.

[–]anlskjdfiajelf 8 points9 points  (5 children)

That's fair but their protocol is part of their codebase. I mean every component of what they have is hard to change.

Take btc lightning network for example. A layer 2 solution is never going to be as good as a layer 1 solution embedded into your protocol from the beginning. That's what I'm trying to say

[–]mrKennyBones 6 points7 points  (4 children)

I don’t necessarily agree that Layer 2 will never be as good as layer 1. Depends what you use those layers for. Charles puts it beautifully on Lex podcast, if you want fast and cheap transactions, but can ease a bit on some others aspects as security, then a side chain layer 2 is perfect.

Hydra is a good example, it basically allows batches of payloads to be collected in separate chains, could be smart contracts interface or anything. Then all those can be updated to the main layer 1 blockchain as a batch.

I like his evolution of organs analogy. First there’s the body. Then it’s got some arms and legs, with specific functions. Then a heart, liver and kidney and so on. Separate “layers” of core functionality, easing the workload into separate pools if you will.

Cardano is faster and structurally strong in its core, that certainly helps. But layers are incredibly useful to connect to other interfaces, bridges to other networks etc.

[–]anlskjdfiajelf 5 points6 points  (2 children)

That's fair, you're probably right tbh.

I think what I'm trying to say is a layer 2 solution is fine if that's been the plan from the beginning. It is layer 2, but it's not tacked on after the fact... Layer 1 was designed understanding layer 2 will come, it's part of your architecture and isn't just tacked on after the fact.

Btc lightning network isn't that, it was just tacked on after the fact.

I suppose if the chain is built right and you understand layer 2 solution is coming, then I'm sure it can help a lot.

I'm not totally informed on layer 2 solutions tbf, I just don't love a living breathing project that's been out for years and they slap on layer 2 to patch update their garbage base.

I love eth, in the sense that it's the first smart contract general use blockchain, but past the first movers advantage I just don't think it's better than the newer blockchains in development with a lot of the foresight they've gained from working on eth and seeing the problems.

Just have a lot more faith long term in ada or dot, or pretty much not eth... They did the heavy lifting and proved the architecture is functional. Now newer projects can take that progress and make it better from the beginning.

I still own some eth for the short term but I don't see myself holding longer than 5 years unless eth 2 is just that godlike lol

[–]Neijo 1 point2 points  (1 child)

Yeah, I think short-term, it's simply Etheruems time now, and this is simply the beginning of their time. I think I'm most bullish on Cardano, but I see them also overlapping, and in different areas, and in my personal belief, in 10 years, Cardano has probably surged past eth, but it's not impossible that a blockchain that has not even been theorized yet, can be as big as cardano.

Depending on the usage, depending on world-politics, some blockchains will dominate one month to another.

[–]EarningsPal 2 points3 points  (17 children)

I thought eth2 is a new chain. Built from scratch.

[–]anlskjdfiajelf 0 points1 point  (14 children)

I'm actually not 100% up to date on eth so I'm not positive... I'm pretty sure no tho, there is no transition process to eth 2, it's not a hard fork. Your eth will just be usable by eth 2.

I'm pretty certain it is not built by scratch at all, it's not even a hard fork right?

[–]aesthetik_ 2 points3 points  (7 children)

Correct, it’s just a change in the consensus layer from Proof of Work to Proof of Stake.

There is no change to the execution (ie tokens, dApps, ETH, NFTs, DAOs, DeFi...) layer.

👍

[–]FunCryptographer4761 -5 points-4 points  (4 children)

It’s not a hard fork all ETH will be moved to the ETH 2.0 smart contract and onto the ETH 2.0 platform. Once ETH 2.0 is implemented and the smart contract is executed, no newly minted ETH on the old chain will be able to be converted into ETH on the new plasma chain without the use of a blockchain bridge/swap token

[–]aesthetik_ 0 points1 point  (3 children)

Completely false. It’s a change to the consensus mechanism only, everything else stays the same.

[–]FunCryptographer4761 -3 points-2 points  (2 children)

Yes and what exactly is the consensus mechanism? 🙄 POW——>POS but the way one gets there is not very simple. ETH gets locked up in a smart contract to switch to ETH 2.0. Any ETH mined the old way on the old chain afterwards will no longer be ETH because it is now in POS so any ETH mined that way would be considered a hard fork to the ether blockchain.

[–]aesthetik_ 1 point2 points  (1 child)

No, that’s not true at all.

You might be confusing the act of staking on the beacon chain?

Normal everyday users will experience almost no change during the switch. Every major update is completed as a hard fork.

[–]FunCryptographer4761 1 point2 points  (0 children)

OMFG I thought you were using the term hark fork as in a different blockchain. Like BCH nvm I misunderstood you lol. Love you. Yes normal ppl won’t have to do a thing it will all happen in the background 😊😊

[–]LucidiK -3 points-2 points  (0 children)

I believe what is the current ethereum network will be one of many 'shards' that will be synched with the beacon chain. When the main chain is merged with the beacon chain, eth2 will be 'live' and all the activity on ethereum will have much more space to operate on.

[–]nullcoalesce -1 points0 points  (4 children)

You can refactor legacy code if it is S.O.L.I.D

[–]theTalkingMartlet 2 points3 points  (0 children)

Hydra heads won’t even blink at trying to keep up. Hydra heads are a type of state channel which is effectively sharding because they will pull EUTxOs off the base ledger to work with them on a “mini-ledger” until the head closes.

[–]tradefeedz 2 points3 points  (0 children)

new roadmap will be unveiled by early 2022 for the next 5 years of development by IOG, many devs will be able to submit their roadmaps too and community will vote

[–]Helpme-jkimdumb 3 points4 points  (0 children)

Good question I would like to know as well

[–]Zaytion 283 points284 points  (56 children)

Except that isn’t accurate. Right now the max is between 6-9 TPS for Cardano.

[–][deleted] 50 points51 points  (4 children)

Crazy how such misinformation can be spread and accepted so readily

[–]big_phatty 122 points123 points  (34 children)

Right but there is a difference between technical limitations, and demand. Cardano doesn't have the demand to increase parameters to hit 250 tps, however they have already shown its possible with the current implementation. No sharding, scaling etc. Already their nodes could hit 250 tps if we needed it.

Increasing the parameters isn't optimal until demand increases.

[–]Trentskiroonie 54 points55 points  (16 children)

Cardano doesn't rely on advanced technology to increase throughput though. It's just a simple blocksize increase, which any other chain could do too if they wanted. The problem is that there are legitimate reasons to keep the blocksize low, mainly decentralization and security. Without a fundamental breakthrough, like sharding for example, you're just moving points from one stat to another.

[–]datwolvsnatchdoh 10 points11 points  (9 children)

Can you explain why increasing blocksize is an issue? Is it just because a larger block size means nodes would need higher bandwith and lower latency to keep up with the network (thereby reducing the number of nodes, and centralizing)?

[–]its_just_a_meme_bro 17 points18 points  (3 children)

Correct. You can run a bitcoin node from a Raspberry Pi because the blocks are so small. If you increase block size to 1GB you get significantly higher TPS at the cost of only large scale datacenter computers being able to process the transactions.

[–]TerryMcginniss 0 points1 point  (2 children)

1GB blocks are too large for now, but 256MB blocks are currently being mined on Bitcoin Cash Scalenet with Raspberry Pis. (That is, if you want to arbitrarily limit yourself to nodes that cost no more than $40)

[–]Trentskiroonie 10 points11 points  (3 children)

That's the jist of it, yeah.

To be clear, I'm not trying to argue for or against Cardano's scaling strategy here. I'm just saying that Cardano's scaling strategy isn't fundamentally different from any other. Scaling is a difficult problem that hasn't really been solved by anyone yet, and the obvious scaling methods (e.g. blocksize increase) have drawbacks that people tend to ignore. If it was that simple, every chain would just crank up the blocksize to 11, call it a day, and we wouldn't be having these discussions.

[–]datwolvsnatchdoh 7 points8 points  (1 child)

Oh yeah, I hear you. Anyone reading this should just always remember to automatically be skeptical when someone says they've solved the blockchain trilemma. Until recently I didnt fully grasp the issue. I was reading a review of HBAR which claims to be capable of 10,000tps, but when you read the fine print it actually only means up to 10,000 0-confirmation transactions per second and up to 10 smart contract transactions per second, which is basically no better or worse than the rest of us out here.

[–]oh_please_dont 1 point2 points  (0 children)

lol - ask this question to a BitcoinCash guy, please!

[–]j1mmie 4 points5 points  (0 children)

Nailed it

[–]big_phatty -4 points-3 points  (3 children)

Sure, but block size isn't the only parameter cardano can change to effect tps.

[–]Trentskiroonie 2 points3 points  (2 children)

Do you have an example?

Transaction rate is essentially block rate * block size / transaction size. Transaction size is usually never larger than it needs to be anyway, so that leaves two parameters to work with by my understanding.

[–]big_phatty -4 points-3 points  (1 child)

Yeah block rate is variable and controlled by global parameters. That can change.

It looks like they literally just updated the developer docs and there is still some information missing from there. Otherwise I would like to all the parameters.

here they are:

{
"poolDeposit": 500000000,
"protocolVersion": {
"minor": 0,
"major": 4
},
"minUTxOValue": 1000000,
"decentralisationParam": 0,
"maxTxSize": 16384,
"minPoolCost": 340000000,
"minFeeA": 44,
"maxBlockBodySize": 65536,
"minFeeB": 155381,
"eMax": 18,
"extraEntropy": {
"tag": "NeutralNonce"
},
"maxBlockHeaderSize": 1100,
"keyDeposit": 2000000,
"nOpt": 500,
"rho": 3.0e-3,
"tau": 0.2,
"a0": 0.3
}

[–]Trentskiroonie 1 point2 points  (0 children)

Which of these changes throughput that I haven't already mentioned? Most of them don't.

[–]EntertainerWorth 2 points3 points  (0 children)

And I guess we’re only looking at layer 1?

[–]FunCryptographer4761 3 points4 points  (1 child)

Yeah and BTCs lightning network can pump tens of thousands if in small quantities, but I know cardanians love sum confirmation bias. Don’t get me wrong I am a big fan of ADA; however, I feel a lot of the people who own ADA get way ahead of themselves. I would like to see a little more progress in the actual development personally before I get super bullish on it ya know 😁.

[–]foosball0420 -3 points-2 points  (0 children)

Do some research and you’ll see that this post isn’t accurate and Cardano can do much more. Look at the Hydra white paper. There actually “behind” on this post and not “ahead” of what is actually capable at this point in time.

[–]shergin 0 points1 point  (0 children)

Yes, and it’s like 60k TPS on some another smart-contract blockchain network in the top 20 by market cap.

[–]aesthetik_ 16 points17 points  (13 children)

Where did you get 250 TPS from?

My understanding is that it’s closer to 7-8 TPS currently?

[–]imjakedaniels[S] 0 points1 point  (4 children)

Throughput of 250 is listed here: https://alephzero.org/blog/what-is-the-fastest-blockchain-and-why-analysis-of-43-blockchains/

What sucks is there are so many different numbers out there, but found it's best to just go with one source and this one has 43 coins on it..

[–]foosball0420 -3 points-2 points  (7 children)

Actually proven 1000 TPS, so you’re right..the graph isn’t right. Hydra white paper

[–]aesthetik_ 4 points5 points  (6 children)

Proven? What’s the source on that? I thought it was still just theoretical?

[–]foosball0420 -1 points0 points  (1 child)

The 1000 tps has been proven.

[–]aesthetik_ 1 point2 points  (0 children)

Under what conditions? I do remember some tests - do you have a source?

[–]foosball0420 -2 points-1 points  (3 children)

Go to IOHK and read the paper. It’s 61 pages long. If I had access this second I’d send the link.

[–]aesthetik_ 1 point2 points  (2 children)

Have they actually stood up an environment though? Or is it still just academic?

[–]foosball0420 3 points4 points  (1 child)

https://www.reddit.com/r/cardano/comments/k2roe9/cardano_hydra_well_explained/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

They’ve already stood up a Hydra team and using what lightening has already provided (in video), they’re already able to and have proven the 1000 tps. They just haven’t had to scale to that. Hydra being layer 2 is compatible with Shelley, Goguen, etc. Since Hydra is able to be combined with Sharding it can already produce 1000 tps. Hydra will build heads one upon another, thus reaching 1M TPS. I hope this makes sense. I tried to explain it the best way I know how.

[–]aesthetik_ 1 point2 points  (0 children)

Awesome thanks!

[–]Ethernovan 55 points56 points  (15 children)

Cardano is not like the other girls

[–]Ohms_lawlessness 17 points18 points  (13 children)

HBAR sitting over there with 10,000+ tps as well if that's what spurns your fancy. My two largest bags are HBAR and ADA so I'm ride or die with both for a decade or more.

There is no sell. Only Zul.

[–]newbjapan 9 points10 points  (5 children)

Alright, another HBAR guy!

[–]Brinker59 Cardano Ambassador 3 points4 points  (3 children)

They are in every Cardano post

[–]M-Dubz 3 points4 points  (2 children)

No we're not! I mean........ uh

[–]needassistanceguy -1 points0 points  (1 child)

I hold more HBAR than cardano just saying

[–]M-Dubz 0 points1 point  (0 children)

Me too!

[–]Cautious-Cable-3937 9 points10 points  (0 children)

HBAR is centralised.... ADA is decentralized BTC has a taproot upgrade so that number needs updating

Either way, I own all three but love that I grow my ADA everyday through staking 👍

[–]foosball0420 2 points3 points  (1 child)

Go read the Hydra white paper. Cardano could make HBAR look like child’s play if they had to at this point in time.

[–]Coinbells -1 points0 points  (0 children)

Sir Hbar is currently capped at 10,000+ with just CPU processing and no sharding. If the network needed they could boost TPS.

[–][deleted] 6 points7 points  (3 children)

I need a screensaver of this

[–]kastratinho -2 points-1 points  (0 children)

U need to look at hbar tbh

[–]Infamous_Barnacle_17 5 points6 points  (0 children)

Hmm. Wonder what it would look like with TRX up there?

[–]etheraider 13 points14 points  (9 children)

FYI, Cardano has never done ever 250 transactions in one second. Ever. I could make a image likes this showing eth with sharding (it’s never done it either) and show 10,000 TPS compared to Cardano and btc and it would be just as accurate as this. I’m all for being bullish but present the facts as they are or else this is just another example of unrealistic unfounded expectations not based in the real world and will only further the hype based narrative of Cardano and not the substance based narrative

[–]Tomex2017 -1 points0 points  (0 children)

Totally agree. Only BSV has proven several thousand tps on main net and over 100 000 tps on test net.

[–]foosball0420 -3 points-2 points  (7 children)

No reason to do 250 tps, yet. They have already proven the capability to do 1000 tps(Hydra white paper). With 1M tps on the horizon

[–]etheraider -1 points0 points  (6 children)

A white paper is not proof of anything lol.....

[–]Nautisop 5 points6 points  (1 child)

Now put IOTA or NANO beneath it :p

[–]XXVII-Delight 3 points4 points  (0 children)

As in not built yet ?

[–]Lephas 9 points10 points  (2 children)

this gives me 2017 vibes with Nano. cringe

[–]whenijusthavetopost 9 points10 points  (1 child)

You would need some serious gun upgrades on your fighter jet to beat the Cardano level.

[–]kastratinho 1 point2 points  (0 children)

Hbar does it ez lol

[–]VentureVultureLA 5 points6 points  (17 children)

Also, have to reference Hydra which will most likely allow 1M+ tps

[–]theTalkingMartlet 5 points6 points  (12 children)

It’s more like “up to” 1M tps, but yeah it will greatly increase throughput

[–]DarkestTimelineJeff 2 points3 points  (11 children)

1M (million or thousand?) is even overkill if that’s achievable. Visa processes 80k tps, if any chain pushes 100k+ tps you’re looking great.

[–]chedebarna 7 points8 points  (0 children)

But all Visa does is payments. Cardano (any other blockchain) will do a lot more than that.

[–]theTalkingMartlet 1 point2 points  (0 children)

million, albeit on layer 2

[–]BardanoBois 1 point2 points  (7 children)

When all of South Africa, (or even the whole continent) and other countries like Mongolia, Georgia adopt Cardano, I think 1M wouldn't be overkill.

[–]BuildAQuad 2 points3 points  (3 children)

How would this work with storage? Assuming 200 Byte tramsactions you would be looking at around 17 TB a day

[–]DubiousSpeculation 1 point2 points  (2 children)

Hydra is state channels so you don't save every transaction to the blockchain. You do them off-chain and they get saved when the channel closes.

[–]MehranReadITT 2 points3 points  (0 children)

I mean these have to scale to millions right?

[–]DangerousDavey 2 points3 points  (1 child)

Only 250 per second?

[–]R4ID 2 points3 points  (0 children)

except that currently isnt accurate for Cardano.. and there are several chains that are rocking like 1500 TPS (XRP, XLM) ....im sure there are others even higher.

[–]SleezyBadger 2 points3 points  (0 children)

What about HBAR? Harmony One? They're fast too. I love Cardano too. I am stacking all of these.

[–]TJthatsMEmate 2 points3 points  (0 children)

Hbar smashes this. Not saying final Ada isn’t good but right now hbar is better.

[–]Anticrombie233 2 points3 points  (0 children)

Cardano just hit different

[–]Biddycola 2 points3 points  (0 children)

I love cardano and hodl for life. Charles is a beautiful mind as well but let’s not get too hot headed... Where’s XRP comparison? Cough cough.

[–]Pannenkoekenpan 2 points3 points  (0 children)

Please mind you that TPS does not tell you the whole story. It also matters how much data you transmit with each transaction (ADA has far more space per transmitted Tx than ETH). Cardano Chief technical architect Duncan Coutts gave a very nice presentation on this during the Shelley summit in 2020:

https://www.youtube.com/watch?v=gpSnyCn2s9U&t=500s

[–]cryptOwOcurrency 2 points3 points  (2 children)

Cool, an image comparing Cardano's future theoretical scale with Ethereum's current scale, without taking any of Ethereum's future upgrades into account.

[–]imjakedaniels[S] 0 points1 point  (1 child)

I think it's fascinating this will look completely outdated in 1 year. I'll certainly be highlighting the difference in tx/s in ETH 2.0 with a viz like this when more numbers come out—it's my first of many falling-dot comparison visuals

[–]cryptOwOcurrency 1 point2 points  (0 children)

Either the graphic should compare Ethereum and Cardano's current scale without unsustainably raising the block size/gas limit - both roughly 10 TPS - or it should compare Ethereum and Cardano's potential future scale at the end of their roadmaps - both roughly 100,000 to 1,000,000 TPS.

The problem is that the graphic is comparing Cardano's future scale with Ethereum's current scale. It doesn't make sense to compare Cardano's future to Ethereum's present, you have to compare present to present or future to future.

[–]imjakedaniels[S] 12 points13 points  (2 children)

Neat note about this visual: the dots are actually rendered statically where a limited-view camera tracks upwards through them—making it look like they are falling.

[–]joevmm 4 points5 points  (0 children)

That's actually pretty neat!

[–]pundixmaster 0 points1 point  (0 children)

You kept your screen upside down LOL

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[–]imjakedaniels[S] 5 points6 points  (9 children)

2nd note: what other coin comparisons do you want to see? I can either use potential throughput like above, or current speed from on-chain (as u/Zaytion mentioned here).

(bonus points if it's a theme like "ETH KILLERS")

[–]jdefgh 8 points9 points  (0 children)

nano

[–]ImaginaryBear2078 4 points5 points  (0 children)

Polkadot plz :)

[–]Lostbutnotafraid 3 points4 points  (0 children)

Sure, try IOTA’s potential throughput.

[–]Astramie 1 point2 points  (0 children)

There is more to these systems than tps numbers, which apparently is not a great metric anyway, eg 10,000 tps but sending small bits of data, compared to 1,000 tps but sending larger bits of data. Tps has become more of a marketing tool.

[–]PopCultureNerd 1 point2 points  (0 children)

This .gif is so hot it is almost pornographic

[–]MeeeeemeWarsOfficial 1 point2 points  (3 children)

Can anyone explain me. What happens to a crypto that is Proof of Work and it becomes Proof Of Stake. Basically mining is fully wiped out, so how does the transaction gets noted in the block chain? Cardano seems so advanced how does this crypto functions without miners or any form of technology involved to ledge the transactions

[–]SourCreamWater 1 point2 points  (0 children)

Harmony ONE = 2,000 TPS

[–]Wackylew 1 point2 points  (0 children)

I'd love to see it when hydra is available!

[–][deleted] 1 point2 points  (0 children)

I fear I have become BULLISH

[–]julienlucca 1 point2 points  (1 child)

imagine the day you folks discover eos with more than 2500 tps (historical data, no projection)

[–]jgrz00 1 point2 points  (0 children)

Laughs in hbar

[–][deleted] 1 point2 points  (0 children)

I haven't used Eth for transactions in over a year. The gas fees are just crazy. Don't know if it's gotten better, but I distinctly remember trying to pay $20 for a subscription service and getting charged almost another $20 as a fee. Absolutely wild and caused me to immediately diversify my portfolio.

[–]Drakonna89 1 point2 points  (0 children)

Hey I'm newer and I am invested in Cardano. However, I also have some money in Harmony. When I read harmony reports, it seems like they can do more transactions and faster than cardano. I don't want to be in an echo chamber at the Harmony reddit, but what are people's opinions on the differences between the two?

Edited to add: I know a huge strike against Harmony is its pwnage from Binance.

[–]H-A-R-B-i-N-G-E-R 1 point2 points  (0 children)

The world needs more visuals like this one.

[–][deleted] 1 point2 points  (0 children)

Harmony One has already beaten that 250 transactions per second. Oh and the fee as well. :) cough for those that don’t know..

[–]benshark69 1 point2 points  (1 child)

discount code alpha?

[–]imjakedaniels[S] 0 points1 point  (0 children)

Ayyy. I was watching league videos while this was rendering so I intentionally mimicked T1 for this headline. I think you're the first to allude to it in here.

[–]Ohmstheory 4 points5 points  (0 children)

Visa has entered the chat

[–][deleted] 3 points4 points  (2 children)

I not understand , Charles and everybody always compering ada against BTC and other coins. I really like ada but i never understand that hate against other coins. Stop doing this pls,it brings brutal negativity to this project trust me. Crypto is a young stuff, we are at the same boat all of us. Stop comparing ATLEAST the strong coins.

[–]Levi_J0nes 2 points3 points  (0 children)

Banano has entered the chat

[–]lxrdshvdows28 3 points4 points  (4 children)

You mean HATHOR or HBAR right ? Only 250 TPS ?

[–]elespectro1 -1 points0 points  (3 children)

Yea lol laughed my ass off when I see this title. Wait until OP read about other alt TPS. Even the notorious hbar can get 10k tps.

[–]S4CRED_F4 1 point2 points  (2 children)

It's 10,000 confirmation per second and 10 smart contract transactions which is same rate as any other

[–]SFBayRenter 1 point2 points  (1 child)

10 EVM transactions per second, using the native contracts get 10k TPS.

[–]alexlizz 1 point2 points  (0 children)

Man your trying to hard to push this thing. Just let it play out.

[–]jgemeigh 1 point2 points  (0 children)

Yeah, 50-100k validators differently lol

[–]MyMumSpanksMe 1 point2 points  (1 child)

How about $HBAR, 10,000 TPS 😂👌

[–]jehcoh 1 point2 points  (2 children)

K, now add HBAR to this neat lil graph :)

[–]vpochiraju 0 points1 point  (0 children)

Indeed it is!

[–]HurryupandWait2021 0 points1 point  (0 children)

Do they even do transactions 😂😂😂😂😂😂

[–]YTItzyaboisifou05-bs 0 points1 point  (0 children)

Cardano has technology behind it

[–]WiseCapitalOrg 0 points1 point  (3 children)

this doesnt accounts Hydra

[–]FidgetyRat 2 points3 points  (2 children)

Hydra doesn't exist yet to be fair. And if we count Hydra you'd have to account for a complete ETH 2.0 scaling solution.

[–]coherentak 1 point2 points  (0 children)

This 250tps isn’t real either….

[–]WiseCapitalOrg -2 points-1 points  (0 children)

and still pretty inferior to Hydra nonetheless

[–]Navman22 0 points1 point  (0 children)

Now try XRP….

[–]MasterBejter -2 points-1 points  (4 children)

If only the price would start going up…

[–]LiiVE2RAVE 4 points5 points  (1 child)

Did you checked the charts in the last 6 months?

[–]Porridge-BLANK 6 points7 points  (0 children)

People don't realise ADA was 11p in December and 5p a year ago.

[–]NonVideBunt -1 points0 points  (0 children)

Rofl... I vote that this is the most stupid comment. Let me guess... you got into crypto yesterday. Step back from the charts ... price has gone up alot.

[–]Educational_Act_1442 -1 points0 points  (0 children)

If this is the case why does ETHEREUM and bitcoin have such a high market cap?

[–][deleted] -3 points-2 points  (0 children)

Show me the money 💰

[–]Helpme-jkimdumb 0 points1 point  (0 children)

This will only be accurate for at most 12 more months.