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Según datos compartidos por Cardano blockchain insights, Cardano might be operating at 25% utilized capacity of Ethereum. The analogy goes thus: Cardano presently has over 100,000 transactions which, on average, comprise three payments, as one transaction per the metric supplied can be a payment from one or several addresses to many different addresses. Ethereum, on the other hand, has around 1.1 million daily transactions on average.
Como #Cardano has now ca 100k transactions which currently contains on average 3 payments and Ethereum has about 1.1 mln transactions on averageper day, it is safe to conclude that Cardano network is about 36% utilized capacity of Ethereum.
Doesn’t look like👻chain to us. pic.twitter.com/NCCHSweQ6Z
— Perspectivas de la cadena de bloques de Cardano (@InsightsCardano) 1 de mayo de 2022
The Cardano network has reached several milestones in recent months. Durante el fin de semana, IOHK shared statistics regarding network growth in a chart provided. Currently, 925 projects are being built on Cardano, up from 917 previously. Fifty projects have recently launched on Cardano, while the number of NFT projects is at 5,441. Github connects also totaled 2,995, while Cardano native tokens stood at 4.5 million. The number of wallets holding the ADA token recently surpassed the 3.6 million count.
Despite the developments, Cardano did suffer a significant backlash. One of the most common criticisms has to be its comparison to a “ghost chain.” Overall, the Cardano blockchain might be said to have evolved significantly, with a Santiment report indicating that Cardano was the most developed cryptocurrency network on Github in 2021.
A critical parameter change took place last week, in which block size was increased from 80KB to 88KB to allow for more transactions and scripts in a single block. Cardano and its Plutus smart contract platform are also set to undergo a major update in June, dubbed the “Vasil hard fork.”
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Despite this, Cardano participants and the community as a whole are not relenting on Cardano’s wider adoption. As indicated in a recent IOG blog post, the capacity to work with other blockchains, or interoperability, is crucial.
En este sentido, Input-Output Global planea lanzar una nueva cadena lateral EVM sin permiso este año. Esta cadena lateral tiene como objetivo hacer posible que los desarrolladores de Cardano escriban contratos inteligentes de Solidity y creen dApps compatibles con EVM y tokens compatibles con ERC20.
Amid a spate of developments, the Precio ADA has failed to keep pace with recent progress. At a present price of $0.787, the ADA price remains down 74.6% from its all-time high of $3.10 reached in September 2021.
Source: https://u.today/cardano-might-be-less-than-75-utilized-capacity-of-ethereum-report