Recently, the Cardano blockchain ecosystem and decentralized platform have experienced an unprecedentedly high percentage of load pressure, which has led to raised questions and concerns from the blockchain community.
At the same time, its native token ADA’s price has struggled for months and has yet to record any significant gains and upside movements in the cryptocurrency markets.
Yesterday, a report analysis made by the cofounder of dcSpark and contributor to the Cardano blockchain clearly reflected where the blockchain platform is in terms of transaction load and what it means for users.
Cardano Is Currently At 94% Load, Only 6% Left-What To ExpectSebastien Guillemot, the co-founder of dcSpark and Cardano contributor, recently highlighted a concern about the ADA blockchain network ecosystem.
Related Reading: Bitcoin Block 788695: The Day Transaction Fees Took The Crown
In a tweet yesterday, Guillemot stated that the Cardano blockchain network is currently at a 94% load, with only 6% left until it reaches max capacity.
Cardano is currently at 94% load!
Only 6% left until Cardano is at max capacity
What does that mean, and how can you be prepared
Polkadot was launched in May 2020. In a market dominated by Bitcoin and Ethereum, it quickly established itself as the next generation blockchain. The scale and interoperability problems limit Bitcoin's ability to transfer value without the assistance of
For some newcomers to the currency circle, they are not familiar with the investment in the currency circle, and their understanding of the special currency is not very deep. Therefore, they may be at a loss in the choice of investment methods. Many inves
Lummis is a well-known crypto advocate on Capitol Hill with over $100,000 in crypto.
Several analysts argue that shrimp accumulation is good for the Bitcoin network because it makes the asset more decentralized over time.
ARK Invest filed for a spot Bitcoin ETF in collaboration with 21Shares long before BlackRock did, and its application is reportedly first in line for the SEC’s approval.
Interestingly, the price surge was on the back of increased activity from whales, as indicated by on-chain data. The increased activity led to an increased"/>
Recent market dynamics have seen Solana struggling to break above the $200 mark. A notable bearish factor among these market fundamentals is the recent"/>
DOGE, the internet's favorite memecoin, is back in the spotlight. Recent data reveals a surge in futures market activity, coupled with bullish technical"/>
The recent stratospheric rise of Bitcoin, reaching a new all-time high of $73,000, has sent ripples of excitement and trepidation through the crypto world."/>
Co-founder of Tornado Cash Roman Storm has filed a motion to dismiss the charges levied against him by the US Department of Justice (DOJ)."/>
On Thursday, March 28, a hack occurred on Prisma Finance, a decentralized lending protocol on the Ethereum network. The exploiter carted away about 3,257.7"/>
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services.
Tue, 18 Apr 2023