Blockchain Analyst Accuses Solana, Cardano of Falsifying TPS Figures
Cyber Capital’s founder, Justin Bons, has accused Solana (SOL) and Cardano (ADA) of misleading investors by publishing “fake” transaction per second (TPS) metrics. According to Bons, Solana is misleading the public by a 6.5 factor, while Cardano is doing the same by a 26.5 factor.
1/25) The two biggest offenders for "fake" TPS metrics are SOL & ADA:
— Justin Bons (@Justin_Bons) August 17, 2024
SOL is misleading investors by a factor of 6.5, while ADA does so by a factor of 26.5!
Both are guilty of ignoring industry standards for TPS
Time to break down the numbers & separate truth from fiction:
Bons accused Solana and Cardano of ignoring the industry standards for calculating TPS, with their theoretical figures of 10,000 TPS and 18 TPS for SOL and ADA, respectively. The Cyber Capital founder thinks SOL’s TPS value is 739, while ADA’s is 0.4.
Meanwhile, Bons claimed massive discrepancies in the widely publicized maximum TPS for Solana and Cardano. According to the research analyst, claims of 65,000 maximum TPS for SOL and 477 for ADA cannot be accurate. He shared figures from both protocols, suggesting the publicized figures are incorrect.
Bons supported h…
The post Blockchain Analyst Accuses Solana, Cardano of Falsifying TPS Figures appeared first on Coin Edition.
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Blockchain Analyst Accuses Solana, Cardano of Falsifying TPS Figures
Cyber Capital’s founder, Justin Bons, has accused Solana (SOL) and Cardano (ADA) of misleading investors by publishing “fake” transaction per second (TPS) metrics. According to Bons, Solana is misleading the public by a 6.5 factor, while Cardano is doing the same by a 26.5 factor.
1/25) The two biggest offenders for "fake" TPS metrics are SOL & ADA:
— Justin Bons (@Justin_Bons) August 17, 2024
SOL is misleading investors by a factor of 6.5, while ADA does so by a factor of 26.5!
Both are guilty of ignoring industry standards for TPS
Time to break down the numbers & separate truth from fiction:
Bons accused Solana and Cardano of ignoring the industry standards for calculating TPS, with their theoretical figures of 10,000 TPS and 18 TPS for SOL and ADA, respectively. The Cyber Capital founder thinks SOL’s TPS value is 739, while ADA’s is 0.4.
Meanwhile, Bons claimed massive discrepancies in the widely publicized maximum TPS for Solana and Cardano. According to the research analyst, claims of 65,000 maximum TPS for SOL and 477 for ADA cannot be accurate. He shared figures from both protocols, suggesting the publicized figures are incorrect.
Bons supported h…
The post Blockchain Analyst Accuses Solana, Cardano of Falsifying TPS Figures appeared first on Coin Edition.
Read More