 
 
Cardano founder Charles Hoskinson has unveiled bold plans for a brand new Cardano instrument that he claims will rival Solana’s transaction processing capabilities whereas sustaining full decentralization, addressing one of the crucial persistent criticisms of the Cardano community.
Talking throughout a latest interview with crypto analyst Scott Melker, higher recognized within the crypto group as “Wolf of All Streets,” Hoskinson highlighted Cardano’s upcoming Layer 2 resolution, Leos, which he described as “the primary resolution to the blockchain trilemma.”
“We’re creating Leos, which goes to provide us Solana-style velocity however with full decentralization and no stalls,” Hoskinson said. He emphasised that this development could 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 reaching 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 by, and we don’t undergo from any of that stuff,” he added, highlighting Cardano’s seven-year monitor file of uninterrupted operation.
 
Hoskinson additional defended Cardano in opposition to what he described as persistent misconceptions in regards to the community’s capabilities. “Individuals say, ‘Oh, there’s one transaction per block; it’s only a lie’… 12 months by 12 months, transaction quantity is growing dramatically, and the system’s been operating for seven years straight, 24 hours a day, 7 days every week, with no downtime.”
The Cardano founder cited unbiased metrics to help his claims in regards to the community’s energy, 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 grow to be “the nexus of your entire UTXO DeFi ecosystem.” This consists of initiatives like Lightning Hydra—a mixture of Cardano’s Layer 2 resolution with Bitcoin‘s Lightning Community and Midnight, a personal sensible contract platform.
Hoskinson expressed frustration at what he perceives as an absence of recognition for Cardano’s achievements. “It does get irritating when you’ve got the identical dialog time and again… 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 signify a major development in blockchain expertise, doubtlessly positioning Cardano as a serious competitor within the high-performance blockchain enviornment presently 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.
