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Cardano network at record capacity due to SundaeSwap launch, but not all users hail it as a success

“This has been an enormous disappointment. I’ve tried twenty times minimum to swap enzyme for ice-cream sundae and zilch has tried and true,” says a dissatisfied SundaeSwap user.

 NEWS

According to each Cardano Blockchain Insight and pool. Pm, the Cardano (ADA) network has maintained record capability for nearly a period because of the launch of a decentralized exchange, or DEX, SundaeSwap, the primary of its kind to travel live to tell the tale, Cardano. At constant time, the entire worth fastened for the enzyme blockchain reached a record of roughly $80 million, despite the recent fall within the token’s value from the continuing down market.

The current average blockchain load of the network hovers at ninety three.19%, which suggests that ninety three.19% of its blocks ar being crammed. In context, the metric amounted to solely thirty-two. 49% on New Year’s Day Eve. the quantity of enzyme wallets is additionally on the verge of breaking the three million mark.

Many enzyme enthusiasts took to social media to celebrate the milestones. However, the development of the network nearing full capability because of the addition of only one DEX raised questions about its utility, though scaling solutions are coming back presently. Reddit user Additional_Till_838 pointed out:“I dislike this as a result of it paints an image of Cardano’s blockchain being overladen and troubled to handle the load. this might scare investors aloof from Cardano and build them assume that it’s not a reliable blockchain network.”

Not all went swish throughout SundaeSwap’s launch either. Soon, user reports of failing transactions began current wide on social media. At the time of publication, users are still alleging that their DEX orders stay unprocessed, despite submitting them many days agone. Additional critically, the platform is fastened in an exceedingly publicized industrial dispute relating to allegations of failing capitalist guarantees with Cardano accelerator program CardStarter. Even Charles Hoskinson joined in on the debacle, telling the two parties to “get your shit together!” and settle their variations via arbitration or proceedings.

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