Van Ness threw shade at Cardano, calling it a “zombie chain,” regardless of its personal lineup of dApps like Minswap
Ethereum advocate Evan Van Ness just lately took to X to level to the truth that Base, a just lately launched Layer 2 (L2) chain, has already surpassed Cardano when it comes to Whole Worth Locked (TVL).
Van Ness contemptuously referred to Cardano as a “zombie chain,” pointing to information from DeFiLlama which reveals Cardano ranks solely 14th in TVL with $163.55 million, far behind Ethereum’s $21.604 billion.
Base, which was launched earlier this 12 months by Coinbase, has managed to safe a TVL of $193.56 million, simply months after its launch, in accordance with the identical information. V
Base was unveiled by Coinbase in February of this 12 months as an Ethereum L2 chain inbuilt collaboration with Optimism. Layer 2 networks like Base function on prime of an underlying blockchain, on this case, Ethereum, to supply improved scalability, quicker transaction speeds, and decreased fuel charges, whereas sustaining the identical stage of safety and decentralization as the mainnet.
It was designed to be a developer-friendly platform, providing seamless integration with Coinbase’s merchandise, customers, and instruments.
Base boasts a strong line-up of functions like BaseSwap, SwapBased, and Stargate, contributing to its $193.41 million TVL. In the meantime, Cardano has its personal set of top-performing dApps like Minswap, Indigo, and Liqwid.
It’s value noting that Cardano’s positioning as a “zombie chain” by some advocates of competing networks would not take into consideration its broader aims and ongoing developments.
