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HomeCrypto NewsMarketCharles Hoskinson Shows Millions Of Cardano "Ghost" Transactions Using Zero Network Bandwidth

Charles Hoskinson Shows Millions Of Cardano “Ghost” Transactions Using Zero Network Bandwidth

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Cardano Founder Charles Hoskinson Compares Network Delegation Transactions To Ghost Transactions.


Hoskinson continues to champion differences between Cardano and Ethereum proof-of-stake (PoS).

Today, Cardano founder Charles Hoskinson compared Cardano delegation transactions to ghost transactions after a stake pool operator (SPO) highlighted that it consumed no network bandwidth.

“One could almost say that they are Ghost transactions…,” tweeted Hoskinson.

 

It bears mentioning that the tweet by Rick McCracken of DIGI stake pools highlights that the number of delegations on the network has reached over 1.2 million. According to McCracken, as a result, every five days, about 1.2 million transactions occur on the network using no bandwidth at an equivalent rate of 4 transactions per second. Concluding, the SPO doubtfully questions if this is something Ethereum will ever be able to replicate.

Notably, Hoskinson, in the days following the Ethereum Merge, has made it a point of duty to champion differences between Ethereum’s PoS implementation and Cardano’s. Most recently, the Cardano founder compared Ethereum to the “Hotel California of crypto,” as he raised concerns over the lack of clarity on when users will be able to access their Ethereum staked in the Ethereum staking contract.

Possibly in response to criticisms from the Ethereum faithful over his attack on Ethereum PoS, Hoskinson yesterday said it is “fair game” to contrast protocols. Additionally, the Cardano chief called out core Ethereum developers for refusing to speak objectively about Cardano and championing “bizarre” narratives about the chain.

It bears mentioning that the Cardano network recently launched the long-anticipated Vasil hard fork. In addition, some extra features for the network’s smart contract scripting language Plutus are expected to go live today, making the full Vasil upgrade capabilities available to developers.

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Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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