
Hoskinson Claims New Cardano Software Will Outperform Solana In Community Pace ⋆ ZyCrypto
 
 
Cardano founder Charles Hoskinson has unveiled bold plans for a brand new Cardano software that he claims will rival Solana’s transaction processing capabilities whereas sustaining full decentralization, addressing one of the persistent criticisms of the Cardano community.
Talking throughout a latest interview with crypto analyst Scott Melker, higher identified within the crypto neighborhood as “Wolf of All Streets,” Hoskinson highlighted Cardano’s upcoming Layer 2 answer, Leos, which he described as “the primary answer to the blockchain trilemma.”
“We’re creating Leos, which goes to present us Solana-style velocity however with full decentralization and no stalls,” Hoskinson acknowledged. He emphasised that this development can be complemented by Cardano’s different scaling options, together with Hydra and Midgard, an optimistic rollup system.
Notably, the blockchain trilemma refers back to the problem of concurrently attaining scalability, safety, and decentralization, an issue that has plagued many blockchain tasks. Whereas Solana has gained reputation for its excessive transaction speeds, it has confronted criticism for infrequent community outages, which Hoskinson shortly referenced.
“You see Solana go down on a regular basis… but we’re nonetheless there pushing via, and we don’t endure from any of that stuff,” he added, highlighting Cardano’s seven-year monitor report of uninterrupted operation.
Hoskinson additional defended Cardano towards what he described as persistent misconceptions in regards to the community’s capabilities. “Folks say, ‘Oh, there’s one transaction per block; it’s only a lie’… yr by yr, transaction quantity is growing dramatically, and the system’s been working for seven years straight, 24 hours a day, 7 days per week, with no downtime.”
The Cardano founder cited impartial metrics to help his claims in regards to the community’s power, noting, “The Edward decentralization index says that Cardano is probably the most decentralized cryptocurrency on the planet.”
Past competing with Solana on velocity, Hoskinson outlined a broader imaginative and prescient for Cardano’s ecosystem, detailing plans to turn into “the nexus of all the UTXO DeFi ecosystem.” This contains initiatives like Lightning Hydra—a mixture of Cardano’s Layer 2 answer with Bitcoin‘s Lightning Community and Midnight, a non-public good contract platform.
Hoskinson expressed frustration at what he perceives as a scarcity of recognition for Cardano’s achievements. “It does get irritating when you could have the identical dialog repeatedly… they don’t acknowledge what we’ve achieved, they don’t acknowledge the place we’ve been.”
With a reported $1.5 billion on-chain treasury to fund improvement and strategic investments, Cardano seems well-positioned to ship on these bold technical guarantees. If profitable, Leos might characterize a big development in blockchain expertise, doubtlessly positioning Cardano as a significant competitor within the high-performance blockchain area at present dominated by networks like Solana.
The developments come as Cardano expands its utility throughout a number of fronts, together with partnerships with Bitcoin-focused tasks and real-world asset integration.