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Expert Calls Cardano And Solana Biggest Offenders For Fake TPS: Here’s Why

Bitcoinist LogoBitcoinist13h ago

Expert Calls Cardano And Solana Biggest Offenders For Fake TPS: Here’s Why - Bitcoinist

Quick Summary:

Justin Bons, founder and CIO of Cyber Capital, Europe’s oldest cryptocurrency fund, recently took to X to express his concerns about misleading transactions per second (TPS) metrics reported by Solana (SOL) and Cardano (ADA).

In a thread, Bons argues that both networks propagate misleading information that deviates sharply from established industry standards.

This inflates TPS figures artificially, which isn’t the case with most other chains.” This leads him to propose a new metric—Outputs Per Second (OPS)—which he believes would provide a more accurate representation of a network’s capacity.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-19 @ 09:00:44 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 618 words

Reading Time: 4 minutes read

Sentences: 39 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 22136330

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Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 9 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 8 hours ago

Coverage Areas: Hungary

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #105

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