Cardano

Solana

2024

Cyber

Coin

<p>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.</p> 
<figure class="wp-block-embed aligncenter is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">1/25) The two biggest offenders for "fake" TPS metrics are SOL &amp; ADA:<br><br>SOL is misleading investors by a factor of 6.5, while ADA does so by a factor of 26.5!<br><br>Both are guilty of ignoring industry standards for TPS<br><br>Time to break down the numbers &amp; separate truth from fiction: <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"></p>— Justin Bons (@Justin_Bons) <a href="https://twitter.com/Justin_Bons/status/1824837998170513450?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 17, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>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.</p> 
<p>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.</p> 
<p>Bons supported h…</p>
<p>The post <a href="https://coinedition.com/blockchain-analyst-accuses-solana-cardano-of-falsifying-tps-figures/">Blockchain Analyst Accuses Solana, Cardano of Falsifying TPS Figures</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Blockchain Analyst Accuses Solana, Cardano of Falsifying TPS Figures

Coin Edition

Other articles published on Aug 18, 2024

21Shares and VanEck Solana ETF Filings Removed from CBOE Website

Shiba Inu Primed for Recovery with Launch of New Fiat Conversion Service

Coinbase CEO Unveils Vision for AI-Powered Future with Crypto Wallets

Dogecoin (DOGE) Price To $10? Analyst Reveals Why It Is Possible

LBank Celebrates 9th Anniversary with Over $1,000,000 in Prizes

3 Key Reasons Why Fantom Could Be A Good Pick This Week

Join our free newsletter for daily crypto updates!