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SundaeSwap Mainnet Launch Caused Congestion On Cardano’s Network

Stefan by Stefan
21/01/2022
in Cardano News
Reading Time: 2 mins read
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SundaeSwap Mainnet Launch, cardano, network, users
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The SundaeSwap mainnet launch caused congestion on the Cardano network after the first dapp finally went live so let’s read more in today’s Cardano news.

Cardano’s first dapp went live on mainnet but a few errors on the platform many failed transactions caused by the network congestion which left the users frustrated. The SundaeSwap mainnet launch caused congestion on the network while the Cardano community was quite excited when smart contracts were enabled on the network after the Alonzo upgrade last year. There have been some minor issues since then, however.

Cardano Jumped 7% , coinbase, withdrawals, ada, exchange

A few months later, the first Cardano-based dapp SundaeSwap launched its mainnet recently after a series of private and public testing. The decentralized exchange allows users to trade, stake, and lend tokens on the platform with the traders paying little fees and liqudity providers to earn returns on their deposits. However, five minutes after the staking went live, users that were excited to join the DEX became frustrated with a few platform errors and many failed transactions caused by the network congestion.

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As more users submitted their complaints on the SundaeSwap Discord server, the platform’s CEO Mateen Motavaf posted:

“IF YOUR ORDER IS ON-CHAIN, IT WILL BE PROCESSED ORDERS ARE FAILING DUE TO CONGESTION, PLEASE BE PATIENT.”

To address other issues, SundaeSwap hosted an AMA session. Seeing there were thousands of pending orders on the platform, one user asked what effect the anticiapted Cardano node upgrade would have on SundaeSwap. The project’s CTO Matt Ho noted:

“Once the change happens on the 25th, we expect greater than a 2X throughput increase from strictly the memory bump by itself as additional protocol parameters become available.”

A few other users pointed out that other areas of concern include the order was filed on the SundaeSwap platform before it was launched on the website but ho replied:

“There were so many things to deal with, we didn’t believe maybe, to our naivete, that someone would have constructed a transaction by hand ahead of time.”

Cardano ADA Explodes, btc, bitcoin, market

While the network congestion on the SundaeSwap platform could come as a surprise to a lot of people, the project’s core team was not. The team announced before the official mainnet launch that the transactions could take hours or days to be fulfilled depending ont the overall load of the network. The blog post noted:

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“To be as transparent as we can, we want to inform you all that while orders may take days to process, everybody’s orders will be processed fairly and in the order, they were received and executable.”

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at [email protected]

Tags: cardano adacardano networkcardano network congestioncongestion cardano networkmainnet launchSundaeSwap
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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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