latest price was $0.6977, down 2.696% in the last 24 hours. The cryptocurrency has been the subject of recent discussions and developments within the cryptocurrency community. Justin Bons, the founder and chief investment officer of Cyber Capital, has criticized Cardano's scaling efforts, highlighting the network's current throughput of roughly 18 transactions per second (TPS) and questioning the feasibility of future scaling solutions. Bons argued that the network's arbitrary block-size ceiling and the lack of concrete implementation timelines for scaling solutions like Leios and Input Endorsers (IE) raise doubts about Cardano's ability to scale effectively.
Cardano advocates, including stake-pool operator Jaromír “Cardano YOD₳” Tesař and Phil UPLC, chief executive of Anastasia Labs, responded to Bons' criticisms by citing the potential of the Ouroboros Leios consensus layer to achieve a throughput of around 10,000 TPS. They also mentioned internal simulations that demonstrated higher TPS with increased input-blocks per second. However, Bons remained skeptical, emphasizing the need for practical implementation and stronger guarantees rather than theoretical promises.
The debate also touched on Cardano's conservative block parameters, with delegate representative @Cerkoryn defending the 100 kB body limit as a means to make the chain more egalitarian. Bons countered by drawing parallels to the Bitcoin scaling wars, expressing concern that the promise of increased block size might be pushed back indefinitely. The discussion highlighted the tension between theoretical potential and practical implementation in Cardano's scaling efforts.
Despite the criticisms, there is a recognition within the community that if Cardano's scaling solutions are implemented in practice, it could significantly enhance the network's capacity and attract more supporters. The ongoing debate underscores the importance of delivering on promises and providing concrete timelines for the implementation of scaling solutions to build confidence among investors
