Jeremey Firster expressed: Did you know that as a multi-asset blockchain, Cardano can submit multiple assets within one transaction? The transaction is limited by data size, not # of assets moved.
Did you know that Cardano has verifiable metadata? A killer application that enables automated verification systems to interact with data stored on the blockchain.
Did you know that Cardano is based off of more than 100 peer reviewed research papers, a slew of formal methods, formal specifications, and a core codebase written in Haskell? In general, Cardano is an enterprise grade blockchain that is designed for advanced features and dApps.
Did you know that Cardano staking doesn’t involve moving ADA from your wallet, and rewards are distributed by the blockchain itself and not the block producer?
Community Response: True but recently not, the @SundaeSwap ISO rewards claim process through @ContactDrip proves otherwise that you must pay to get your rewards.
For Those Who Do not know: “Mayer Brown filed a breach-of-contract lawsuit against SundaeSwap Labs and its top officers Friday in California Northern District Court. The court action, brought on behalf of CardStarter, accuses SundaeSwap of violating its contract by failing to develop an automated decentralized cryptocurrency exchange, and failing to deliver a promised 250 million SUNDAE tokens. Counsel have not yet appeared for the defendants. The case is 3:22-cv-00757, CardStarter Ltd. v. SundaeSwap Inc. et al.”
For those who do not know, about a week ago: “SundaeSwap was one of the biggest disappointments regarding Cardano so far. Although they announced congestion issues in advance, the situation is so bad that the platform is pretty much unusable. Their communication is disastrous and this lawsuit with CardStarter is very unprofessional both on their end and CardStarter end.”
The hype surrounding the project has to fade at some point. For the primary DEX on Cardano it has a long, long way to go before being even remotely acceptable. But if it fails in the long term, it will create more fud about Cardano, hopefully Ray DEX takes them to school.
Despite, Charles Hoskinson having nothing to do with the Law Suit he stated that a lawsuit is a ‘horrendously expensive’ and time-consuming method to tackle a disagreement.
Reportedly, CardStarter filed the lawsuit against SundaeSwap over a disagreement on the number of SUNDAE tokens to be set aside, irrespective of a merge between the two projects.
Hoskinson reinstated that the long-term growth of the network remains intact. The major concern for ADA HODLers continues to be the short-term price growth.
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