Cardano (ADA) is accelerating efforts to improve blockchain performance with its next-generation scalability technology, 'Ouroboros Leios.' The project is drawing market attention with its strategy of significantly boosting network processing capacity while maintaining decentralization and security.

Charles Hoskinson: "Performance on Par with XRPL... Maintaining Decentralization and Security Is Key" In a recent interview, Cardano founder Charles Hoskinson stated that once the Leios upgrade is applied to the mainnet, Cardano will be able to achieve performance comparable to the XRPL (XRP Ledger). He explained that the Leios technology could deliver up to 60 times the current transactions per second (TPS). He also emphasized that simultaneously improving processing speed while maintaining the network's decentralized structure and security is the core of this upgrade. He further projected that once the upgrade is completed, it will lay a solid foundation for Cardano to compete with major blockchain platforms in terms of scalability and processing performance.

Targeting Mainnet Deployment This Year... High Expectations for DeFi and Smart Contract Utilization Cardano's development team is currently working toward applying Leios to the mainnet within this year. If the upgrade translates into actual performance improvements as planned, expectations are growing that Cardano's scope of utilization could expand significantly across various fields, including DeFi, payments, and smart contracts.

Market Reaction: ADA Price Rises Meanwhile, according to CoinMarketCap data, ADA was trading at $0.1772 on the 4th, up 4.85% from the previous day.

[This article was written with AI assistance. This article does not constitute investment advice, and any losses resulting from virtual asset investments are the sole responsibility of the investor.]