Cardano (ADA) Set for Revolutionary Leios Upgrade to Transform Blockchain Technology
Cardano (ADA) is gearing up for a groundbreaking Leios upgrade that has the potential to revolutionize blockchain performance, captivating the interest of the cryptocurrency community.
The forthcoming Leios upgrade for Cardano (ADA) is poised to be a game-changer, representing a significant technological advancement for the blockchain. According to Tim Harrison, the Executive Vice President of Community & Ecosystem at Input Output, this upgrade has the potential to transform the Cardano network infrastructure.
Harrison sheds light on the innovative nature of the Leios upgrade, highlighting its unique approach, stating, “Instead of one linear block at a time, Leios uses a parallel block process – created, endorsed and ranked by SPOs – dramatically increasing throughput while preserving security & decentralization.”
Currently in the research and development phase, Ouroboros Leios is a protocol version designed to elevate Cardano network throughput by streamlining resource allocation for quicker transaction processing and confirmation. By functioning as a high-throughput overlay on existing base protocols, Leios is expected to address scalability issues effectively.
The existing Cardano network operates on the Ouroboros Praos protocol, which has shown significant security and scalability enhancements compared to the original Ouroboros Classic. However, the network’s transaction processing capacity of approximately 12 transactions per second (TPS) lags far behind competitors like Solana, capable of handling 7,229 TPS.
One of the key security constraints within the Ouroboros Praos protocol is a 5-second block relay within a 20-second slot, which limits block size and script execution. These restrictions lead to underutilization of network resources, a challenge that the Leios upgrade aims to tackle comprehensively.
Leios has been strategically crafted to address three critical blockchain challenges: transaction diffusion, transaction validation and availability, and transaction ordering. Through the implementation of parallel block processing, Leios seeks to drastically improve the efficiency, scalability, and overall performance of the Cardano network, positioning it as a more competitive and robust blockchain platform.
With the emergence of new applications and blockchain bridges like Cardano-Midnight and Cardano-Bitcoin, the timing of the Leios upgrade is pivotal for fostering the network’s expansion and technological advancement.
In conclusion, the upcoming Leios upgrade for Cardano presents a promising opportunity for pushing the boundaries of blockchain technology and cementing Cardano’s position as a leading platform in the cryptocurrency realm.
