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Cardano Ecosystem

Cexplorer

02/19/2024

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There Are No Failed Transactions On Cardano

For the technology to become popular and replace the existing one, it has to be 10x better for the user.

There Are No Failed Transactions On Cardano

For the technology to become popular and replace the existing one, it has to be 10x better for the user.

Cryptocurrencies have ambitions to replace traditional financial services. But this will never happen if transactions fail and users have to resubmit them. High and volatile fees for slow transactions with long settlements have no chance to compete with payment cards or mobile banking applications. 

If these technologies didn't work well, people would still be using cash and visiting banks. Cardano behaves deterministically. It is possible to build applications that will guarantee that the transaction will always succeed if it is submitted to the network. 

This must be the new standard for blockchain services. The Mainstream Will Not Be Tolerant The majority of the population will Read article: There Are No Failed Transactions On Cardano

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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