The Cardano blockchain platform has achieved a new milestone. The company announced this new trend today on both its blog and social media handle. Cardano says this latest achievement will set it apart from its blockchain counterparts. The company has recently demonstrated strong resilience and efficiency with a remarkable uptime of more than 2,130 days, translating to an appealing 5.83 years.
This development is coming at a time when most blockchain networks are suffering from constant or occasional outages. Investigation into Cardano’s past operational performance reveals that it has had zero downtime since 2017. The revelation and latest development have ranked Cardano as the market’s most stable and consistent blockchain network.
A search through the feedback by other blockchain users shows that they are gradually vining that the new milestone to the company is a strong testament that they are committed to offering users frictionless, continuous access to blockchain services.
Cardano’s business philosophy is the major reason behind the company’s seamless service and longevity. A further look into the operations of Cardano shows that its blockchain infrastructure tops the most researched among its counterparts. Charles Hoskinson, Cardano’s founder, has affirmed this claim, highlighting the fact that this (the company’s philosophy) has been its strength since its inception.
Further investigation shows that the company has had too much criticism because of its chosen approach. Critics have claimed that the services may be compelled to slow down if the company maintains this operational pattern.
Cardano’s Performance Linked To Its Increasing Loyal User Base
Commenting on Cardano’s most recent achievement in an article on ZyCrpto platform, ZyCrpto’s Aaron Feuerstein repeated the earlier claim that the company’s performance and commitment to its users play a huge role in its recent success. He also predicted that he is looking forward to increased engagement as the company’s reputation is slowly becoming widespread.
Feuerstein quoted some data, which he published on the ZyCrpto platform. According to the data, the Cardano blockchain network had over 72,000 transactions daily. This, he added, is strong evidence the company has a solid user base. It was also revealed that the company has 3,182 active stake pools and a stockpile of ADA tokens grossing close to 23 billion ADA staked.
Feuerstein also added that in as much as the Cardano blockchain network controls a huge user base, they’d need that community involvement to maintain the pace. Information has it that stake pools also contribute to the Cardano platform’s recent achievement.
They make up the network’s decentralization function and guarantee efficiency and security. It was also gathered that the moderate amount of ADA token staked has much to do with the level of confidence the community has in the platform – and also a major determinant of the company’s longevity.
Speaking on the current trend, Charles Hoskinson stated that he stakes all his Cardano tokens. Hoskinson revealed the reason behind his actions; he strongly believed in the platform’s future performance. Conversely, Vitalik Buterin, Ethereum co-founder, also shared his view on staking most of his Ethereum assets.
Buterin, while commenting on the topic, advised that the access keys will still be public on some unwind systems should ETH holders decide to stake. Commenting on Buterin’s take, Hoskinson expressed shock at the Ethereum co-founder’s feedback. Reacting to the statement, Hoskinson said it left him in utter disbelief after listening to it s a few times more. In his words, “I’m short of words.”
Hoskinson further assured users that he and his team are committed to ensuring that the network delivers nothing short of a cutting-edge network that prioritizes every user’s security and experience. He also assured the teaming users of subsequent upgrading and random improvement in the system and assured them of the company’s intentions of attracting new developers to the Cardano blockchain platform, which will also equate a stronger, better blockchain services.
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