Cyber Capital Founder Slams Solana and ADA Over Misleading TPS Claims

Cyber Captal founder Justin Bons is all out for Solana (SOL) and Cardano (ADA). This time, he is accusing them of misleading the community in terms of their protocol’s Transaction Per Second (TPS) metric. While slamming Cardano is not a new for Bons, his statements has triggered sharp criticisms in the community.

Justifying the Solana and ADA Callout

The businessman called both protocols the two biggest offenders for “fake” TPS metrics. For more context, he explained that Solana is misleading its investors by a factor of 6.5, while ADA is doing the same by a factor of 26.5. By doing this, both protocols are allegedly violating industry standards for the TPS metrics.

Theoretically, he claimed that SOL’S maximum TPS is capped at 10,000 but in reality, it is only 739. Similarly, he noted that Cardano has a maximum theoretical TPS of 18 and a current TPS of 0.4. It is worth noting that this figures could change depending on who is giving the answer. Some people even claim that SOL’s maximum theoretical TPS is as high as 65,000. In the case of ADA, there are claims that its maximum theoretical TPS reaches 477.

This different figures reflect a huge discrepancy in both protocols. Bons noted that some platforms have contributed to propagating these fake figures as TPS. Furthermore, he is known to throw harsh jabs at ADA. He recently claimed ADA is centralized, citing that the wave of adoption have passed ADA by.

In conclusion, “ADA should focus more on L1 scaling. The current max capacity of 18 TPS discourages builders outside of ADA from joining! Despite SOL’s downtime, node centralization & past lies. The market still chooses SOL with its 10k TPS capacity; there is a hard lesson there for ADA!”

Community In Defense Mode

A few ADA supporters has tried to defend the protocol. One X user claimed that ADA got better following the Hydra upgrade demo, precisely in terms of scalability.

Noteworthy, the Hydra Head saw a recent update that allows “withdrawing funds from an open head without needing to close.” The update also delivered documentation improvements and fixes for the internal wallet fee calculation amongst other upgrades.

The Cardano ecosystem is confident in what it is building and may not stress in response to Bons post. Cardano founder Charles Hoskinson recently offered $1 million to anyone who could successfully hack the newly introduced Lace Paper Wallet.