Cardano

<ul class="wp-block-list news-points"> 
 <li><strong>Cardano processed 8 transactions billed to 1,600 recipients for just 5.16 ADA.</strong></li> 
 <li><strong>Hydra and Leios upgrades will further improve Cardano’s efficiency.</strong></li> 
 <li><strong>ADA has claimed the 10th spot in the crypto market by market cap.</strong></li> 
</ul> 
<p>In a single block, the Cardano blockchain processed eight transactions for 1,600 recipients with just $2.38 in fees.</p> 
<p>This demonstration of scalability and affordability was highlighted by Charles Hoskinson, the creator of Cardano, when he reposted an X (formerly Twitter) post originally shared by Dedium, a Cardano-based decentralized GPU computing network. This showcases Cardano’s potential as a leading blockchain platform.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Cardano?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Cardano</a> can transfer assets to 1,600 users within a single block, all for a fee of just 5.16 <a href="https://twitter.com/search?q=%24ADA&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ADA</a>. <a href="https://t.co/nwtfYzsGJI" target="_blank" rel="nofollow">https://t.co/nwtfYzsGJI</a></p>— Cardano YOD₳ (@JaromirTesar) <a href="https://twitter.com/JaromirTesar/status/1838953168748654718?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">September 25, 2024</a>
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<p>The block that processed the eight transactions reached 80 TPS without using Hydra, Cardano’s scaling project. This project fuels crypto investors’ optimism for the blockchain. One X user <a href="https://x.com/mr_cata/status/1792233619219439751" target="_blank" rel="nofollow">commented that with additional scaling</a>, Cardano could achieve even higher TPS.</p> 
<h2 class="wp-block-heading" id="h-cardano-s-upgrades-hydra-and-leios">Cardano’s Upgrades: Hydra and Leios</h2> 
<p>For long, Cardano enthusiasts have been …</p>
<p>The post <a href="https://coinedition.com/cardano-flexes-its-muscles-8-transactions-1600-recipients-at-just-2-38-fees/">Cardano Flexes Its Muscles: 8 Transactions, 1600 Recipients at Just $2.38 Fees</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Cardano Flexes Its Muscles: 8 Transactions, 1600 Recipients at Just $2.38 Fees

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