OK can we please have a technical discussion regarding the scalability of Cardano? Instead of the regular super highly upvoted moontalk (I know this thread will probably be downvoted to oblivion).
Cardano currently only handles 7 transactions per second on-chain. Ethereum currently handles 12-15 transactions per second on-chain. By tweaking some parameters in the future Cardano could potentially scale to 50 transactions per second on-chain which obviously still isn't enough for real world adoption. Cardano will scale off-chain with layer 2 solutions (Hydra). But they are awfully behind their competition in developing layer 2 support.
Don't take my word for it, even Cardano devs on their own subreddit admit all this.
So why do so many people think that Cardano is faster than Ethereum?
Also, I made this same post intended to discuss the scalability of Cardano two days ago. It quickly rose into the top 50 posts until a bot deleted it from the frontpage stating "there are already 2 posts about this coin in the top 50". But guess what, there are always 2 non-critical moonboy posts about Cardano in the top 50. So it's very unfortunate that technical discussions about this coin have no place on r/CryptoCurrency. I will therefore keep posting this daily, until the day a bot doesn't delete it.
Edit: Since this time, this post didn't get deleted, I will add this. I have nothing against Cardano. But I have noted that there currently exists a widespread lack of knowledge regarding the scalability of blockchains in general and Cardano in particular. This is an extremely hard technical problem that haven't been solved for over 10 years. Cardano is not offering a unique quick fix to this anytime in the near future. But I am happy that we now have more projects than ever (including Cardano) that are working on it.
Submitted May 30, 2021 at 06:49PM by montaigne85 https://ift.tt/3vvSm41 https://ift.tt/2Z7cX2s
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