cardanoyu (ISLAND) is one of the co-founders of Ethereum (ETH), as well as developing Charles Hoskinson He tweeted an assertive one. Hoskinson emphasized that the transaction fee comparison seen in Cardano and Ethereum networks recently is just the beginning.
Cardano’s Scalability Plan Is Working
on his Twitter profile “King of Mice” Hoskinson, who also describes it as ‘as’, seems to want to do everything in his power to defeat his old project. Hoskinson proved this with his reply to the post shared by Cardano Daily.
Looking at the aforementioned post, it is seen that Cardano has a higher transaction volume with 568 times cheaper transaction fees. It does not go unnoticed that Cardano, which surpasses Ethereum’s transaction volume by a small margin, still has the advantage of 568 times cheaper transaction fee.
CARDANO VS ETHEREUM: VOLUME & FEES ‼
Higher volume with 568x cheaper in fees 🧐
Well, the decision is yours 😎#Cardano #ISLAND $ADA @IOHK_Charles @Cardano @InputOutputHK pic.twitter.com/2wEkTdhtG6
— Cardano Daily (@cardano_daily) January 20, 2022
Charles Hoskinson, in his response to this, stated that this is only the beginning and that events will begin with the Basho update.
Looking at Cardano’s roadmap bashoSeems to be a big scalability step. Looking at the roadmap for 2022, it seems that Basho provides a huge advantage for decentralized applications in the Cardano network. One of these advantages is the block size. 8KB from the level 72KB known as recession. Blocks are also targeted to match 95% within five seconds. This seems to be exactly the beginning that Hoskinson refers to.
ADA price In the light of these developments, on the other hand, it rose from 1 dollar to 1.41 dollars in a moment.