Sunday, October 19, 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

Are miners now web accumulators? Marathon provides 400 BTC after the crash

Are miners now web accumulators? Marathon provides 400 BTC after the crash

by Index Investing News
October 15, 2025
0

Bitcoin (BTC) miner MARA Holdings purchased 400 BTC for roughly $46 million on Oct. 13, capitalizing within the market collapse...

Citi Warned Stablecoins Could Drain Banks, Now Backs Their Tech

Citi Warned Stablecoins Could Drain Banks, Now Backs Their Tech

by Steven Walgenbach
October 10, 2025
0

Be a part of Our Telegram channel to remain updated on breaking information protection Citigroup has invested in stablecoin infrastructure...

M crypto shorts liquidated in the past hour

$80M crypto shorts liquidated in the past hour

by Vivian Nguyen
October 5, 2025
0

Key Takeaways Roughly $80 million in crypto quick positions have been liquidated in a single hour. Brief positions guess on...

Solana Ecosystem To Gain Boost With New Alliance Between Crypto.com And Sharps Technology – Details

Solana Ecosystem To Gain Boost With New Alliance Between Crypto.com And Sharps Technology – Details

by Godspower Owie
September 30, 2025
0

Trusted Editorial content material, reviewed by main trade consultants and seasoned editors. Advert Disclosure The Solana blockchain is unquestionably within...

Shiba Inu Price Eyes Recovery From Demand Zone

Shiba Inu Price Eyes Recovery From Demand Zone

by Coingapestaff
September 25, 2025
0

The Shiba Inu worth has drawn consideration as its chart reveals tightening consolidation close to a key demand zone. The...

Japan’s debt reckoning and the global economic warning

Japan’s debt reckoning and the global economic warning

by Christina Comben
September 20, 2025
0

Japan’s monetary markets are sending out a warning siren, not only for Tokyo, however for the remainder of the world....

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

Five funds to light up your Diwali: Three lumpsums and two SIPs

Five funds to light up your Diwali: Three lumpsums and two SIPs

October 18, 2025
Passenger bus crash in northeastern Brazil leaves 15 dead

Passenger bus crash in northeastern Brazil leaves 15 dead

October 18, 2025
Putin foe found ‘stabbed to death’ in Turkish villa where he lived in exile

Putin foe found ‘stabbed to death’ in Turkish villa where he lived in exile

October 18, 2025
Big Tech’s AI ambitions are remaking the US power grid. Consumers are paying the price.

Big Tech’s AI ambitions are remaking the US power grid. Consumers are paying the price.

October 18, 2025
‘Tracker’ Season 3: How to Watch the First Episode Without Cable

‘Tracker’ Season 3: How to Watch the First Episode Without Cable

October 18, 2025
Does Elon Musk deserve the world’s biggest pay package?

Does Elon Musk deserve the world’s biggest pay package?

October 18, 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

Five funds to light up your Diwali: Three lumpsums and two SIPs

Passenger bus crash in northeastern Brazil leaves 15 dead

  • 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