<ul><li>Cardano founder, Charles Hoskinson, announces significant progress in the development and research of new protocols, specifically Ouroboros Peras and Ouroboros Leios.</li><li>Ouroboros Peras is an enhancement to the existing Ouroboros Praos protocol, introducing a voting layer for fast settlement of transactions.</li><li>Ouroboros Peras aims to address the probabilistic nature of block settlement and reduce transaction confirmation times for certain use cases.</li><li>The team is now focusing on Ouroboros Leios, a new variant aiming to increase data throughput and CPU processing while maintaining or enhancing security properties.</li></ul>

Cardano Development And Research Are ‘Dramatically Speeding Up,’ Says Hoskinson

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