Its Actual Name - .22 Eargesplitten Loudenboomer (1960s)
Despite the name this cartridge was invented by P.O. Ackley a prolific American wildcatter. Wildcat cartridges are ones that are not made to a standard adopted by any major manufacturer.
This particular cartridge could send a .22 caliber round 5,000 fps (1,524 m/s). The case it uses in this picture is that of a .378 Weatherby Magnum necked down to hold a .223 caliber bullet, but another design of the same name used .50 BMG cases.
Converting free time into noise. I'm pretty sure was just one of those things people have done because they wanted to see what would happen / it would be funny.
Realistically a cartridge like this would have a very short barrel life.
I am not much of a gun connoisseur, but isn't the point of cartridges to have an extremely short barrel life, and aren't cartridges with a long barrel life called misfire?
When I was talking about a 'short barrel life' I was referring to how many rounds a barrel chambered in this cartridge could be expected to be fired before its accuracy fell outside of a user's acceptable standard.
Barrels get worn out due to heat and friction, so cartridges that fire smaller projectiles with more powder tend to wear faster.
Unrelated to barrel lifespan, a cartridge that took longer than usual to send the bullet out the barrel would be a misfire. More specifically a hangfire. These are bad.