Cardano founder Charles Hoskinson revealed details about the upcoming Leios upgrade, aiming to enhance blockchain performance by improving transaction speed and maintaining decentralization.
Leios Parallel Verification and Optimized Memory Pool
Hoskinson provided an in-depth explanation of Leios's technical features, stating that the system enhances blockchain throughput through parallel transaction verification and an optimized memory pool design. These improvements aim to accelerate transaction speeds while maintaining the network’s decentralization, operating with over 1,000 distributed nodes.
Bitcoin DeFi and Potential BTC Payments on Cardano
Hoskinson discussed Cardano's strategic expansion into Bitcoin DeFi, suggesting that in the future, Bitcoin could potentially be used to pay fees on the Cardano network. This could strengthen Cardano's role as a major UTXO based blockchain.
Leios Upgrade and Blockchain Competition
The upgrade could redefine the balance between transaction speed and decentralization in the industry. If successful, it may position Cardano as a more attractive option for developers and users seeking both efficiency and security. While many projects aim to increase speed, Cardano focuses on long-term innovation and network resilience.
The Leios upgrade aims for significant transaction speed improvements while maintaining full decentralization, setting Cardano apart in the blockchain landscape.
