The Cardano community recently debated how to allocate a monthly budget of 20 million ADA. The poll presented two key proposals: one advocating for the development of a Rust node, requiring 11 million ADA, and another suggesting the implementation of the Leios protocol, which would need 12 million ADA. Cardano’s founder, Charles Hoskinson, actively participated in the discussion, expressing his support for the Leios protocol over the Rust node. He emphasized the significance of Leios for the network’s future, highlighting its potential to enhance the blockchain in key areas.
Leios Protocol: A New Step in Cardano’s Evolution
The Leios protocol is designed to improve Cardano’s performance by building on the Ouroboros Praos consensus mechanism. This new protocol aims to make the blockchain more decentralized while significantly boosting its speed.
Hoskinson believes Leios can match Solana’s transaction speed without sacrificing Cardano’s decentralization.
Related article: Charles Hoskinson Denounces Claims of Locked ADA Staking in Crypto Debate
One of the key features of the Leios protocol is its ability to separate the processes of block validation and blockchain extension. By introducing “input endorsers,” Leios unlocks new use cases and extends Cardano’s capabilities beyond what is currently possible.
Competing with Solana Without Sacrificing Decentralization
While Solana achieves faster processing through its consensus mechanism, it does so at the cost of decentralization.
Related article: Charles Hoskinson Praises Cardano’s Chang Hard Fork as a Major Milestone
The Leios protocol, seeks to match and potentially surpass Solana’s speed while maintaining the decentralized structure that it prioritizes. What sets Leios apart is its ability to offer high-speed functionality without compromising on the security standards expected from a decentralized blockchain.
This balance will be crucial for Cardano as it seeks to grow and remain competitive in a market where both scalability and speed are increasingly important.
