Charles Hoskinson, founder of Cardano (ADA), said Cardano's blockchain speed could surpass Solana if major updates to the network are made.
Hoskinson expressed confidence at Post X that the Leios update will help boost Cardano's speed. The update was the second major update after the Chang hard fork in early September.
Mr. Hoskinson compared the #Cardano Rust node to Leios. The former is used to create applications for wallets and accelerate interaction with Cardano. According to Hoskinson, the Cardano Rust node provides users with a service, while the Leios upgrade provides more functionality by increasing transaction throughput.
the Rust node does not give users any new differentiating features; Leios will be faster than #Solana without losing its decentralized nature. said Hoskinson.
Hoskinson also shared Cardano's development roadmap, which looks at various scaling solutions, including Hydra and sidechain. He noted that efforts to implement the Leios update will be realized in Q4 2024.
the Leios update, however, has drawn mixed reactions from the cryptocurrency community. According to one X user, Cardano developers have never mentioned or drawn attention to Leios in the past, and the update only became known after a community vote.
It's shocking that Leios is now getting serious attention. It should have been a priority from the beginning, not just a concern when the vote passed. Your approach is passive rather than proactive and undermines Cardano's potential to be a leader in innovation.
analysts predict that Cardano's latest updates and technological developments in the #blockchain could push the price of #ADA up to $BTC According to one Site X analyst, ADA prices typically follow a cycle where market pessimism is followed by a parabolic rise. Such rises also occur about one to two years after bitcoin has halved in value.
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