Tuesday, May 13, 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

‘Dark’ Stablecoins On The Horizon? CEO Warns Of Danger

‘Dark’ Stablecoins On The Horizon? CEO Warns Of Danger

by Christian Encila
May 12, 2025
0

Trusted Editorial content material, reviewed by main business specialists and seasoned editors. Advert Disclosure Governments worldwide are clamping down on...

Bitcoin Price Risks Falling As Crypto Liquidations Soar

Bitcoin Price Risks Falling As Crypto Liquidations Soar

by Godfrey Benjamin
May 12, 2025
0

Bitcoin value has been present process a gentle reset previously 24 hours as danger belongings seem to have misplaced most...

Pumpfun launches creator rewards, M potential based on April volume

Pumpfun launches creator rewards, $7M potential based on April volume

by Gino Matos
May 12, 2025
0

Pump.enjoyable launched a revenue-sharing mechanism for token creators on Could 12, enabling them to gather 0.05% of buying and selling...

BaFin Grants MiCA License to BitGo Europe for EU Crypto Operations

BaFin Grants MiCA License to BitGo Europe for EU Crypto Operations

by Jared Kirui
May 12, 2025
0

BitGo secured regulatory approval to supply digital asset companies throughout the European Union, marking a serious step in its world...

Bitcoin To 0,000, Solana To 0, Dump ETH: Fund Manager

Bitcoin To $400,000, Solana To $420, Dump ETH: Fund Manager

by Jake Simmons
May 12, 2025
0

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

Blackrock Powers Bitcoin ETFs to 1 Million Inflow as AUM Climbs Past 1 Billion

Blackrock Powers Bitcoin ETFs to $321 Million Inflow as AUM Climbs Past $121 Billion

by Emmanuel Musa
May 12, 2025
0

Bitcoin exchange-traded funds (ETFs) stored the influx development alive with $321 million in internet entries, pushed primarily by Blackrock and...

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 *

‘Dark’ Stablecoins On The Horizon? CEO Warns Of Danger

‘Dark’ Stablecoins On The Horizon? CEO Warns Of Danger

May 12, 2025
Vicarious Surgical Inc. (RBOT) Q1 2025 Earnings Call Transcript

Vicarious Surgical Inc. (RBOT) Q1 2025 Earnings Call Transcript

May 12, 2025
The 10 Best Short-Term Rental Markets Under 0K That Cash Flow

The 10 Best Short-Term Rental Markets Under $500K That Cash Flow

May 12, 2025
Bitcoin Price Risks Falling As Crypto Liquidations Soar

Bitcoin Price Risks Falling As Crypto Liquidations Soar

May 12, 2025
US oil industry unhappy with Trump’s policies — Bloomberg — RT World News

US oil industry unhappy with Trump’s policies — Bloomberg — RT World News

May 12, 2025
Could 2025 Commentary And Financial Outlook

Could 2025 Commentary And Financial Outlook

May 12, 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

‘Dark’ Stablecoins On The Horizon? CEO Warns Of Danger

Vicarious Surgical Inc. (RBOT) Q1 2025 Earnings Call Transcript

  • 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