SundaeSwap launches on Cardano, but users report failing transactions

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Cardano’s first decentralized app (DApp), SundaeSwap, is a live app but has been frustrating users with overloads, platform errors, and failed transactions.

Is this just a case of dental issues expected during the influx of horny users, or is there more to it?

SundaeSwap is a decentralized exchange (DEX) and token storage platform. Thursday’s launch of the network marked a milestone in the Cardano ecosystem, as it became the first DApp to take advantage of its smart contracts.

The price of ADA Cardano rose 50% in the last week before the launch of SundaeSwap, which means that a successful launch is a high-stakes game for Cardano.

Trading in the DEX began on Thursday at 21:45 UTC. Users of the project’s Discord server took less than two minutes to start complaining about failed transactions and network congestion.

By 22:07 UTC, Matin Motawaf, CEO of SundaeSwap, posted a message in bold and in capital letters to try to address the number of complaints on the server:

If your application is online, it will be processed
The SundaeSwap AMA held a Twitter Spaces approx. 01:00 UTC to address any issues traders have with the platform. In light of the massive backlog of requests delaying swap deals, or “scoops” as they’re called on SundaeSwap, one user asked about the expected impact of the upcoming Cardano node upgrade. Technical Director Matt Ho replied:

“When the change occurs on the 25th of the month, we expect a throughput increase of more than 2x due to the immediate increase in memory as more protocol options become available.”
Another user noted that the application was made in DEX before it was launched on the site. A tech-savvy trader can bypass the site’s user interface and trade directly on the underlying smart contracts of any DEX.

She replied, “There were so many things to work out that we were probably naive enough not to think that someone would manually build the transaction beforehand.”

At 02:40 UTC, users were still complaining about failed transactions and requests that had been waiting for more than four hours. Investment Manager Pi Lanningham responded to Discord: “Requests will continue to be processed (currently about 2,500 requests per hour; currently about 11,000 in sequence, 1,600 of which are within tolerance).”

The SundaeSwap team has not yet responded to Cointelegraph’s request for further comment.

The core project team was anticipating a large backlog before launch based on testnet performance about a month ago. In a blog post on January 8, the team wrote:

“We want to let you all know that while it may take a few days for applications to be processed, all applications will be processed fairly and in the order in which they are received.”
RELATED: Cardano moves to ‘full dispatch’ with ADA up 50% ahead of SundaeSwap launch

Using the performance of the SundaeSwap platform earlier in the test, the team initially acknowledged the potential for poor performance, but said, “We are very confident that the protocol will be able to handle a normal daily load once everything is up and running.”

The Cardano blockchain introduced smart contracts to the platform after the Alonzo hard fork last September. Within a week, more than 2,000 smart contracts were distributed on the time-locked blockchain, but it was never launched.

Source: CoinTelegraph

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