The Cardano project, the third largest cryptocurrency by market capitalization after Bitcoin and Ethereum, has come under fire after reports of a synchronization problem found in the testnet.

Cardano faces a synchronization crisis:

The Cardano team announced earlier in September that the smart contract functionality is now available on the Alonzo beta network.

Following the deployment of the smart contracts, the Alonzo update is scheduled to be implemented on the mainnet on September 12.

The crisis was referred to by Ethereum supporter Anthony Sasano, who on September 4 tweeted a series of screenshots that revealed a synchronization problem found in the Cardano blockchain-based decentralized trading platform (DEX), called Minswap.

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The first dapp on Cardano was published today and ADA fans are finally discovering that you can’t revise your way out of core issues. pic.twitter.com/tYQXNcVKGN

– Anthony Sassano 🦇🔊 (@sassal0x) 4 September 2021

This decentralized platform is the first “Dapp” ​​to be launched on the Cardano Test Network on September 4.

Concurrency problems often appear in ways that prevent multiple users from interacting with a program or protocol at once.

In Cardano’s case, the problem is likely due to the lack of a “Cardano virtual machine” – such as an Ethereum virtual machine – that allows smart contract operations to proceed synchronously.

According to one of the screenshots posted by Sasano, the user encountered a transaction error while trying to exchange cryptocurrencies.

Some community members were concerned that Minswap handled only one transaction per block, rendering it ineffective.

In response to the issue, Charles Hoskinson, founder of Cardano, stated in a video that criticism of Synchronicity amounted to a dishonest description of the project, adding:

The problem with our industry is that it says well if you don’t support my thing or I can’t see a way to make that thing work, then what you’ve built is absolutely useless and forever, just a game.

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And then they use vanity scales, and they don’t even understand what they’re saying.

Smart Contracts and Beyond

– Charles Hoskinson (@IOHK_Charles) 4 September 2021

According to the Cardano founder, building a scalable decentralized system is a difficult endeavor.

Cardano is here to stay:

Meanwhile, IOHK, the research and development company behind Cardano, posted a tweet about supposed misinformation about the Cardano blockchain approach.

A post on Medium published by “SundaeSwap Labs,” a decentralized DEX platform built on the Cardano blockchain, argued that what was published about Cardano is a misconception.

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According to the article, it was possible to perform hundreds of transactions per block.

SundaeSwap also stated that centralization was one way to solve the problem.

At the same time, she indicated that the problem encountered in the test network did not mean the death of Cardano, and quoted as follows:

For the people who claim this is Cardano’s death: it’s unlikely.

To refer to and maintain an experiment in the early days of the ecosystem as a fatal harbinger of Cardano’s downfall is premature naivety at best, and intellectual betrayal at worst.

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