CandleFocus

'Faster Than Solana': Cardano Creator Reveals How to Spend 20 Million ADA

In a recent poll, the Cardano community was asked how a monthly budget of 20 million ADA should be allocated. Two proposals were put forward: building a Rust node requirement for 11 million ADA and implementing the Leios protocol for 12 million ADA. Charles Hoskinson, the creator of Cardano, expressed his support for the Leios protocol, emphasizing its importance for the network's future. The Leios protocol improves the Cardano blockchain by increasing its decentralization and speed. It promises to achieve a similar transaction increase to Solana without sacrificing decentralization. The protocol introduces the concept of input endorsers, unlocking new use cases and expanding Cardano's capabilities. Leios combines high-speed functionality with strict security standards, making it special and crucial for Cardano's growth in a competitive market where scalability and speed are essential.

Related News