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Not All Users Agree That Cardano Network's Capacity is a Success

Not All Users Agree That Cardano Network's Capacity is a Success

Cardano Network (proof-of-stake decentralized blockchain platform) is at a record capacity, currently.

There isn’t any doubt that SundaeSwap's (the first decentralized cryptocurrency exchange on the Cardano blockchain) launch is behind it.

However, not all users are happy:

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What is Terra Luna? History & Crash Explained (ANIMATED)

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This has been a huge disappointment. I've tried 20 times minimum to swap ADA for Sundae and nothing has gone through.

The number of ADA wallets is almost at the 3 million stage, and on New Year’s Eve, the metric was only 32.49%. Therefore, 93.19% of blockchain loads blocks are being filled, which indicates that the network hovers at 93.19%.

Cardano maintained the record capacity for approximately two weeks, as a result of the first live on Cardano DEX, SundaeSwap. Keeping that in mind, despite the fall in the token’s price from the market drawdown, ADA blockchain reached a record of nearly $80 million.

Social media was filled with ADA supporters acknowledging the achievement. But at the same time, some questions appeared (regarding utility) about the network being at full capacity thanks to one DEX addition. User “Additional_Till_838” said on Reddit:

I dislike this because it paints a picture of Cardano's blockchain being overloaded and struggling to handle the load. This could scare investors away from Cardano and make them think that it is not a reliable blockchain network.

After the oficial SundeaSwap’s launch, several user reports were spotted on social media plaftorms about failing transactions. And it didn’t stop there. Even after a few days, the users' DEX orders are still unprocessed. So, we know that not everything was smooth during the launch.

SundeaSwap is locked in a commercial dispute because of the claims about failed investor promises with the Cardano accelerator program - CardStarter. Charles Hoskinson, the founder of Cardano, joined in and said:

Both sides come together, agree to arbitration, talk to each other, and figure out whatever the hell you agree to get done.

He also added that the two parties should settle their differences via arbitration or litigation.

Aaron S., Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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