Monday, June 2, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

Hoskinson Flaunts Cardano Transaction Speed, Community Reacts By CoinEdition

by CoinEdition
September 27, 2022
in Cryptocurrency
Reading Time: 2 mins read
A A
0
Home Cryptocurrency
Share on FacebookShare on Twitter


Hoskinson Flaunts Cardano Transaction Speed, Community Reacts
  • An Ocean Systems Engineer said 1.2 million transactions occur using zero network bandwidth on .
  • Cardano’s co-founder commented that “one could almost say that they are ghost transactions.”
  • Previously, the co-founder engaged in a war of words with developers for ignoring Ouroboros.

Yesterday, Rick McCracken, an Ocean Systems Engineer, posted a tweet bragging about the speed of the Cardano blockchain in processing transactions.

McCracken said, “Every five days, the equivalent of 1.2 million transactions occur using zero network bandwidth.” Then Charles Hoskinson, the co-founder of the Cardano network, commented on the supposed transaction efficiency that “one could almost say that they are ghost transactions.”

One could almost say that they are Ghost transactions… https://t.co/e4vtTpl1sI

— Charles Hoskinson (@IOHK_Charles) September 27, 2022

The statements did not sit well with some community members. A Twitter (NYSE:) user asked the CEO why he has been making a comparison with Ethereum on just about everything. Someone else responded saying: “Well, recently they [Ethereum network] converter to proof-of-stake (PoS). So there is some competition involved, and everybody knows Ethereum, so it’s easy to show what we do better than them, I suppose.”

Earlier yesterday, Charles Hoskinson engaged Ethereum developers in a hot debate as he criticized them for ignoring Ouroboros, the first provably secure proof-of-stake protocol based on peer-reviewed research.

Hoskinson claims that the Ethereum core community despises Cardano and that its devs disregarded Ouroboros for the past five years, adding that it is a crime for them to even mention Cardano.

He also accused the Ethereum developers of viewing the Cardano community as a “cult beholden to an evil, [with an] incompetent pathological lying founder who somehow has stumbled upon stolen success.”

Hoskinson said this harms the industry since it makes adoption and collaboration more challenging. In his view, Ethereum developers are stuck on technology from 2014 and need to grow and move on.

The post Hoskinson Flaunts Cardano Transaction Speed, Community Reacts appeared first on Coin Edition.

See original on CoinEdition



Source link

Tags: CardanoCoinEditioncommunityFlauntsHoskinsonreactsspeedTransaction
Previous Post

Barclays announces leadership appointments across sustainability | esg, agenda, sustainability, appointment, strategy, asia, senior leadership, sustainable investment

Next Post

Six Arrested in India for Feeding Human Excreta to Family Over ‘Witchcraft’ Claims

Related Posts

XChat, new DM feature, adopts Bitcoin-style encryption: Elon Musk

XChat, new DM feature, adopts Bitcoin-style encryption: Elon Musk

by Vivian Nguyen
June 2, 2025
0

Key Takeaways Elon Musk introduced XChat, a direct messaging characteristic utilizing Bitcoin-style encryption and constructed with Rust. XChat contains vanishing...

Is Ethereum Price Gearing Up For A Monster Rally? ETH Up 80% The Last Time This Happened

Is Ethereum Price Gearing Up For A Monster Rally? ETH Up 80% The Last Time This Happened

by Opeyemi Sule
June 2, 2025
0

Trusted Editorial content material, reviewed by main trade consultants and seasoned editors. Advert Disclosure The Ethereum worth has slowed down...

Elon Musk Rolls Out XChat With Rust And Bitcoin-Grade Security

Elon Musk Rolls Out XChat With Rust And Bitcoin-Grade Security

by Aliyu Pokima
June 1, 2025
0

Elon Musk is popping to Bitcoin because the encryption customary for the incoming XChat messaging function. XChat includes a boatload...

The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption

The crypto industry’s ‘silent partners’, how Talos is quietly fueling institutional adoption

by Christina Comben
June 1, 2025
0

Welcome to Slate Sundays, CryptoSlate’s new weekly function showcasing in-depth interviews, professional evaluation, and thought-provoking op-eds that transcend the headlines to...

Best Altcoins to Buy Before Bitcoin Becomes ‘Exponentially Harder to Buy’

Best Altcoins to Buy Before Bitcoin Becomes ‘Exponentially Harder to Buy’

by NewsBTC
June 1, 2025
0

Cause to belief Strict editorial coverage that focuses on accuracy, relevance, and impartiality Created by trade specialists and meticulously reviewed...

Latam Insights: Bolivia Bans Crypto Energy Transactions, Panama Accelerates Bitcoin Adoption

Latam Insights: Bolivia Bans Crypto Energy Transactions, Panama Accelerates Bitcoin Adoption

by Sergio Goschenko
June 1, 2025
0

Welcome to Latam Insights, a compilation of essentially the most related crypto information from Latin America over the previous week....

Next Post
Six Arrested in India for Feeding Human Excreta to Family Over ‘Witchcraft’ Claims

Six Arrested in India for Feeding Human Excreta to Family Over 'Witchcraft' Claims

Turkey summons German envoy after politician likens Erdogan to ‘sewer rat’ By Reuters

Turkey summons German envoy after politician likens Erdogan to 'sewer rat' By Reuters

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

First Guaranty Bancshares 8.8% Yielding Preferred (FGBIP): Hold Due To Loan Concern

First Guaranty Bancshares 8.8% Yielding Preferred (FGBIP): Hold Due To Loan Concern

June 2, 2025
XChat, new DM feature, adopts Bitcoin-style encryption: Elon Musk

XChat, new DM feature, adopts Bitcoin-style encryption: Elon Musk

June 2, 2025
Limbach Holdings Stock: Growth Is Great, But Valuation Is A Concern (NASDAQ:LMB)

Limbach Holdings Stock: Growth Is Great, But Valuation Is A Concern (NASDAQ:LMB)

June 2, 2025
Is Ethereum Price Gearing Up For A Monster Rally? ETH Up 80% The Last Time This Happened

Is Ethereum Price Gearing Up For A Monster Rally? ETH Up 80% The Last Time This Happened

June 2, 2025
Elon Musk tries to stick to spaceships

Elon Musk tries to stick to spaceships

June 2, 2025
Multiple people wounded in attack in US city of Boulder, Colorado | Crime News

Multiple people wounded in attack in US city of Boulder, Colorado | Crime News

June 2, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

First Guaranty Bancshares 8.8% Yielding Preferred (FGBIP): Hold Due To Loan Concern

XChat, new DM feature, adopts Bitcoin-style encryption: Elon Musk

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In