Logo
Cardano Ecosystem

Watcher Guru

last Tuesday at 1:35 PM

·

3 views


Cardano Founder Says ADA Upgrade Makes it Faster Than Solana

In response to a recent poll on X (formerly Twitter), Cardano founder Charles Hoskinson says the recent ADA upgrades will make the network faster than Solana. Indeed, the latter is known as the fastest...

Cardano Founder Says ADA Upgrade Makes it Faster Than Solana

In response to a recent poll on X (formerly Twitter), Cardano founder Charles Hoskinson says the recent ADA upgrades will make the network faster than Solana. Indeed, the latter is known as the fastest blockchain network available. Yet, Hoskinson expects that to change after recent developments.

The poll incited community debate on the budget for two different proposals. In Hoskinson’s response, he shared his expectations for Cardano and its most recent upgrade. Specifically, he noted that there is a clear focus for the platform to compete with some of the industry’s most prominent names.

Source: Securities.io

Also Read: Cardano vs. Tron: Will TRX Flip ADA Again Over the Weekend?

Cardano to be Faster Than Solana? ADA Founder Says It’s Possible

Within the digital asset market, Solana stands alone in transaction speed. Indeed, the network was viewed as the Ethereum killer for this very reason. It brought traders a market that had unprecedented value in its transaction fees and unmatched speed. Therefore, establishing the blockchain as a market leader in this regard.

Yet, one blockchain is expecting to compete. Indeed, Cardano founder Charles Hoskinson has said that ADA can eventually become faster than Solana. Specifically, he responded to a poll asking users if they would rather fund the Rust note request or implement a Leios feature.

The rust node gives us no new differentiating features for users. Leios makes us faster than Solana without losing decentralization…

— Charles Hoskinson (@IOHK_Charles) September 15, 2024

Also Read: Can Cardano (ADA) Get Back Into The Top Ten This Weekend?

In response, Hoskinson discussed both. “The rust node gives us no new differentiating features for users,” the founder said. “Leios makes us faster than Solana without losing decentralization,” he added. The statement is a significant one, as it showcases where Hoskindson and the development team see the network going.

The Ouroboros consensus algorithm, utilizing a proof-of-stake mechanism, allows Cardano to process more than 1,000 transactions per second. However, that pales in comparison to Solana, who can process 65,000 transactions a second through using proof-of-history and proof-of-staking in unison. Although it is not impossible for Cardano to compete, it does seem unlikely. That is especially true with the dominance SOL has embraced in recent years.

AD

SNEKbot by DexHunter on CARDANO

Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!


Read Original Article on Watcher Guru

ORIGINAL SOURCE

https://watcher.guru/news/cardano-founde...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


An image that says Learn Blockchain technology and get ahead in the industry with a link to the Cardano Academy.

More from Watcher Guru

See more
Ripple (XRP) & Cardano (ADA) Weekend Price Prediction (Sept 22, 2024)
Watcher Guru
Ripple (XRP) & Cardano (ADA) Weekend Price Prediction (Sept 22, 2024)

yesterday at 8:48 AM

·

3 views

Related News

See more
Cardano Summit 2024

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)