Somewhere on the Internet, where the snowy wastes of cryptographic tedium shiver under the auroras of bold innovation, Charles Hoskinson, the somewhat restless, occasionally poetic founder of Cardano, graced his loyal followers with a peculiar livestream — a Dostoevskian monologue punctuated with graphs and the weary sigh of a man who’s seen too much blockchain drama.
He spoke of ‘Ouroboros Leios’, a name chosen, perhaps, to make programmers and philosophers equally uncomfortable. “Cardano”, he intoned, “can be made astonishingly swift, like that mythical horse one dreams of in fever — up to 11,000 transactions per second.” Truly, such speed! The blockchain will barely have time to dust its ledger before it’s time for the next block.
Leios, according to Hoskinson’s ruminations (and an admirably minimalistic graph), shall let Cardano grow ceaselessly, scaling like a Moscow winter’s melancholy, yet never losing its decentralization or security. He demonstrated: a lonely ‘input block’ equates to 6 TPS — a modest sip. Add more, and suddenly you’re gulping at 11,000 TPS. The more, the murkier!
And lest anyone harbor delusions of Leios galloping off into the abyss, a safety net is near: if catastrophe strikes, the system can somberly retreat to its former self — like a poet after a poorly received reading.
On X, the platform formerly known only slightly less ridiculously as Twitter, Hoskinson spun tales of testnets overflowing with “thousands of AI agents trading among each other”. A polite invitation to DApps worldwide: come dance upon the “Face Melting Net.” Is this madness or marketing? Sometimes, they are indistinguishable.
This upgrade, Hoskinson warns, will ripple through every chamber of Cardano’s architecture: ledger, consensus, cryptography, even his own sleep schedule. All in the name of progress. Mere mortals may require nine to twelve months to implement such a vision, but time, as any blockchain enthusiast will tell you, is merely another consensus protocol.
Layered atop this fever dream are companions named Hydra and Mithril, because why settle for one myth when you can have three? As for Leios itself, Hoskinson called it the “crowning achievement of ten-plus years” — which, in crypto development epochs, is a whole generation, maybe two romantic heartbreaks and several new metaphors for scalability.
If all goes according to plan — and when does it ever? — stakeholders will gather in the first misty months of 2026 to vote, debate, and perhaps, finally, ascend to a Cardano even Dostoevsky might have dreamed of, if only he’d been born a quant.
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2025-05-02 23:03