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Cyber Capital Founder Calls Out Solana and Cardano for Misleading TPS Claims
Justin Bons, founder of Cyber Capital and a known critic of altcoins, has accused Solana (SOL) and Cardano (ADA) of misleading the public about their Transaction Per Second (TPS) capabilities, sparking widespread debate within the crypto community.
Inflated TPS Metrics: Bons claims that both Solana and Cardano are overstating their TPS performance, misleading investors and users. According to Bons, Solana's actual TPS is around 739, far below the commonly cited 10,000, while Cardano's real TPS is only 0.4, compared to its claimed maximum of 18. He suggests that these discrepancies are a deliberate violation of industry standards.
Community Reactions: The allegations have triggered strong reactions, especially among ADA supporters, who point to recent improvements such as the Hydra upgrade as evidence of Cardano’s ongoing progress. Despite this, Bons argues that Cardano needs to prioritize Layer 1 scaling to remain competitive.
Industry Implications: Bons’ critique highlights a significant issue in the crypto industry: the need for accuracy and transparency in reporting technical capabilities. He notes that despite Solana’s known issues, such as network downtime and centralization, it continues to attract users, a trend that Cardano could learn from.
Conclusion:
Justin Bons' accusations have reignited discussions on the importance of truthful reporting in the blockchain space. As the crypto industry evolves, maintaining transparency and setting realistic expectations will be crucial for sustaining investor trust and fostering long-term growth.
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