Cardano is 'unoptimized' and falls behind the development pace of the industry, according to Justin_Bons
The thread began with the description of all of the problems the newly emerged ADA smart contract platform has. According to Bons, it is not properly optimized and cannot handle capacity increases and fast processing because of script execution. With the further development of solutions on the Cardano network, it may become a bottleneck for all projects.In addition to problems with processing, Bons highlighted the economic issues of the network, which is a lack of any sort of fee market.
Bons also mentioned Charles Hoskinson's promise to eat his own shoes if the Cardano staking function would not be implemented by 2019. Unfortunately for Charles, the technology was not implemented and the promise was forgotten. The expert also noted that this is not the only promise Cardano management gave to ADA holders.
He then noted that he understands that Cardano is working on major breakthroughs in the future but, at this point, it is not enough as both the market and development performance of the network is far from keeping pace with the industry.
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