Charles Hoskinson, Cardano‘s founder, has highlighted two major improvements that will be incorporated into the platform to enhance its scalability, governance and innovation.
The two major improvements
The two major upgrades mentioned by Hoskinson are the Chang hard fork and Ouroboros Leios. The Chang hard fork is scheduled for the second quarter of the year and is considered to be one of the platform’s biggest hard forks since the Vasil upgrade in 2022. This hard fork will introduce the concept of community governance on the blockchain by allowing ADA holders to vote on proposals using their tokens. Ouroboros Leios is described as the most important step towards resolving the blockchain trilemma to date.
Scalability, governance and innovation
Hoskinson pointed out that Cardano has the best solutions for scalability, governance and innovation, as well as the best community. He compared Cardano to other platforms such as Solana, Sui and Toncoin, which are booming in terms of users, activity and price. However, he also noted that the crypto industry has a problem with short-term narratives and carnivalists. He also highlighted Cardano’s role in promoting the long-term sustainability of the crypto ecosystem, emphasizing the need to focus on long-term quality and innovation rather than short-term gains.
Conclusion
Charles Hoskinson highlighted two major enhancements that will be integrated into the Cardano platform to strengthen its scalability, governance and innovation. The Chang hard fork and Ouroboros Leios are seen as important steps in the platform‘s development, as it continues to focus on its growth path and respond to recent criticism.