Cardano founder Charles Hoskinson has shared his thoughts on the network’s ambitious roadmap toward the Omega upgrade. He called Cardano as the true 3rd Gen Blockchain while slandering others for taking shortcuts.
In a post on X, Hoskinson said “The road to Omega is full of challenges and surprises” as he notes that the journey is meant to improve scalability and privacy while solving the technical problems that many blockchains face today.
Leios Lite, an upcoming iteration, is a major part of this effort. According to TapTools, Leios Lite could increase Cardano’s throughput by 30 to 55 times. Input Output Global plans to roll it out gradually as part of the network’s Omega initiative.
In addition to improving scalability, the founder mentioned the Midnight Network and partnerchains. These systems are designed to enable different blockchains to work together and help Cardano build smart rules that can improve over time.
Cardano has always aimed to compete with other major networks including Ethereum and Solana. Hoskinson believes Cardano must win against Ethereum in the long term, pointing out that his legacy is tied to the network’s success. Over the years, Cardano has maintained strong developer activity, sometimes surpassing Ethereum in certain metrics.
Meanwhile, the network has also mentioned its involvement in the first tokenization reinsurance fund called MCM Fund I, which was launched with MembersCap. This fund works with big blockchains like Aptos, Base, and Solana. It also made its first recorded transaction on the London Stock Exchange Group’s DMI platform.
Also Read: Plasma Blockchain Launches Mainnet Beta and XPL Token
