#CardanoDebate
The Cardano debate revolves around two main topics: the $100 million treasury plan and the comparison with Solana's transaction per second (TPS) capabilities.
*$100 Million Treasury Plan Debate*
- Charles Hoskinson proposes deploying 140 million ADA from the treasury to kick-start stablecoin liquidity, boosting DeFi growth and attracting institutional capital.
- The plan involves converting $100 million in ADA to Bitcoin and stablecoins to fix liquidity gaps.
- However, this proposal has sparked controversy, with ADA's value dipping over 6% amid the debate.
- Crypto analyst Marty Party ignited a debate on social media by comparing the TPS of Solana and Cardano, highlighting Solana's impressive 40,000 TPS with its new validator client, Frankendancer.
- In contrast, Cardano's current TPS stands at approximately 1.3, although its extended UTXO model theoretically supports hundreds of TPS.
- The debate centers around the trade-offs between Solana's high TPS and Cardano's stability, with some investors preferring Solana's speed and scalability, while others value Cardano's security and systematic approach ¹ ² ³.
