Charles Hoskinson Bets Cardano Will Rival XRP Ledger’s Speed After the Leios Upgrade
Charles Hoskinson expects the Ouroboros Leios improve to multiply Cardano’s capability by 60 occasions, a leap that may put the community on par with the XRP Ledger when it comes to pace.
The founder additionally defended Midnight City towards critics and outlined the improve’s subsequent steps.
Leios: Cardano’s Bet to Catch the XRP Ledger
Ouroboros Leios is an improve to Cardano’s protocol designed to multiply transaction capability with out sacrificing decentralization or safety. Charles Hoskinson defined its scope throughout an interview with David Gokhshtein on “The Breakdown podcast”.
According to the founder, the know-how will improve the community’s inner throughput by as much as 60x. That bounce, he stated, would leave Cardano with performance similar to the XRP Ledger, a community identified for its effectivity.
“Leios shall be a 60x when it comes to throughput inside the system, so we’re good, we’re as performant as XRP, and we nonetheless saved our ideas,” Hoskinson stated.
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The comparability carries weight. The XRPL constructed its repute on settlements between three and 5 seconds and a most capability of 1,500 transactions per second. In March 2026, that community surpassed 120 TPS throughout a peak with roughly 650 operations.
Hoskinson burdened that these enhancements don’t imply giving up the undertaking’s founding ideas. The business is aware of this dilemma as the blockchain trilemma, the place scaling usually calls for trade-offs between decentralization and safety. Cardano desires to show that trade will not be inevitable.
The path is already underway. The public Leios testnet, named Musashi Dojo, debuted on June 23, 2026. It marks the protocol’s first operation in a stay community setting. Mainnet deployment is anticipated earlier than the finish of this yr.
Hoskinson Defends Midnight City After Big Pey’s Criticism
Hoskinson additionally responded firmly to questions on Midnight City. Content creator Big Pey labeled the initiative an instance of wasteful spending inside the ecosystem.
According to the critic, the crew invested tens of millions of {dollars} in a undertaking that was unable to draw new customers. He described that technique as the “Cardano Way,” referring to investments that yield no speedy industrial returns.
The reply got here without delay. Hoskinson stated he had misplaced all respect for Big Pey as an entrepreneur and criticized him for failing to grasp how consumer products evolve. He even challenged the critic to save lots of the put up and return in a yr to apologize.
Midnight City works as an interactive showcase for Midnight Network, the privacy-focused chain tied to Cardano. The platform interprets advanced blockchain mechanics right into a retro-futuristic 2D metropolis inhabited by AI brokers.
Those brokers generate transactions and financial habits much like on a regular basis use by shoppers and companies.
Institutional curiosity helps that imaginative and prescient. Midnight already added Monument Bank, Google, and AlphaTON Capital, and is holding talks with funding banks in the United States and Europe.
For Hoskinson, 2026 shall be a beta yr meant to strengthen the infrastructure earlier than mainstream adoption.
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