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Cardano’s (ADA) Imminent Game-Changing Upgrade in Spotlight: Details
The cryptocurrency world is abuzz with excitement as reports emerge of a significant upgrade coming to the Cardano blockchain. The proposed changes, aimed at increasing the network’s scalability and performance, have sparked widespread speculation about the potential impact on ADA prices.
As per recent announcements, Cardano’s development team has been working tirelessly to develop Leios, an innovative solution designed to overcome existing limitations in the Ouroboros Praos consensus algorithm. Once implemented, it is expected to significantly enhance the network’s overall efficiency and capacity.
The current Ouroboros Praos architecture faces significant challenges in meeting the growing demands of the rapidly expanding DeFi sector, where transaction volumes are skyrocketing. In its current form, it cannot handle the traffic and bottlenecks inherent in its design, leading to frustrating delays and decreased user experience.
In contrast, Leios promises to be a game-changer by addressing these pressing issues through three interconnected challenges: transaction diffusion, validation and availability, and ordering. By doing so, it will empower Cardano to scale significantly and potentially challenge the dominance of Solana’s remarkable 7229 TPS (transactions per second) capacity.
The proposed upgrade is not without its benefits for ADA investors. As the network becomes more efficient and capable, it can accommodate more users and applications, thereby increasing liquidity and demand for the native cryptocurrency.
Source: https://u.today/cardanos-ada-imminent-game-changing-upgrade-in-spotlight-details
