CryptoBox 🧫🧠

Lost in the metaverse. Love Cardano!

[Cardano Foundation @Cardano_CF]

We welcome the announcement of OpenUSD and our partner @brale_xyz as a launch partner.

We are exploring other integration options also and will share more in due course.

[Dan Gambardello @dangambardello]

Reminiscing about Cardano. Back in the Shelley days, setting up the CCV stake pools was so exciting. We literally grew this ecosystem together.

I know it feels rough out there in crypto these days, but it's not over, and it's not over for Cardano.

There have been upgrades since the Shelley days, but maybe none as monumental as what is happening right now.

Cardano just opened the Musashi Dojo, which is the public testnet for Ouroboros Leios, the largest throughput upgrade since that Shelley era.

This IS NOT a layer 2 or a sidechain. It's a change to the consensus layer itself.

Leios runs as an overlay on top of Praos rather than replacing it. Think of this like a capacity increase on a highway, Leios adds lanes...it doesn't just raise the speed limit.

It adds a second block type that runs alongside the existing Praos blocks.

Leios targets 100–1,000+ TPS (potentially 10x–65x improvement), while preserving Praos’s core security and decentralization properties.

Same security model that's held strong since Shelley, with a realistic path to a projected 5–20x throughput increase at mainnet.

It runs in five phases: Validation, parameter tuning, real load, adversarial stress, and mainnet prep.

If you run a pool, this is the phase to get involved!

👉 https://t.co/rMYCfse8gR

#ad

[RealFi @realfi_co]

Big news: the RealFi Phase 1 Testnet goes live on 6 July. 🚀

This is our first public step toward next-generation stablecoin infrastructure on Cardano – and a direct response to a problem we've been vocal about:

Crypto's clearest success story has scaled as money. But not as capital.

Hundreds of billions of dollars sit idle in stablecoins: No utility. No impact on the real economy.

We think that's a problem worth solving – and the Testnet is where we start.

During Phase 1, participants can explore the platform, use its core features, and share feedback that will directly shape the protocol. This is collaborative infrastructure-building in public, and we want you involved.

Read all about it, here 👇
https://t.co/XLEk9Ckdwc

[Cardanians (CRDN) @Cardanians_io]

To be clear: this is NOT a hack of the Cardano $ADA blockchain.

It affected the SecondFi wallet (formerly Yoroi).

Root cause was regarding their native Cardano web wallet generation software, not the chain.

Still harsh hit for the ecosystem, hopefully resolution for affected users will come quickly.

[Input Output Group @IOGroup]

Musashi Dojo is live! The Leios public testnet is here.
Huge credit to IO's Leios team, and to the collaborators who made this possible: @Cardano_CF, @IntersectMBO & @blinklabs_io. This was a truly collective effort.
Come explore. Test it. Break it.
https://t.co/doMchjgySi
#Cardano #Leios

[Charles Hoskinson @IOHK_Charles]

Leios testnet is live!

[Charles Hoskinson @IOHK_Charles]

Welcome Leios https://t.co/wSc024Ojyc

[Sssebi🦁 @Sssebi]

Cardano has never been hacked
Cardano has never been down

How many chains can say the same?

[CryptoBox 🧫🧠 @crypto_icebox]

@4Runna97 What lies?

[Yesreel @Yesreel_]

So, Cardano is about to send hard? 👀

[DexHunter 🏹 @DexHunterIO]

They say: Cardano is dead
We say: Cardano is more alive than ever

$STRIKE
$ASCEND
$ATLAS
$SURF
$SURGE

The ecosystem is exploding🤯

[CryptoBox 🧫🧠 @crypto_icebox]

@banhbao2k14 @MinswapIntern @IOHK_Charles Perhaps 2030

[Mintern @MinswapIntern]

UPDATE

CARDANO MOVES TO QUANTUM-RESISTANT FUTURE AS HOSKINSON CONFIRMS MIGRATION PLAN 😱😱😱

@IOHK_Charles has revealed that Cardano is actively preparing for a quantum-resistant transition, marking one of the most forward-looking security upgrades in blockchain history.

Speaking with @davidgokhshtein , he confirmed that Cardano is currently voting on a quantum security strategy, with a lattice-based cryptography research proposal expected next week.

[CryptoBox 🧫🧠 @crypto_icebox]

@NeverteIImeodd Good he held on to his phone

[Mintern @MinswapIntern]

BIG THINGS ARE COMING TO CARDANO

You are not bullish enough

[Yesreel @Yesreel_]

Feels like Cardano is about to pump

Most people have already lost faith in it.

[Yesreel @Yesreel_]

Wait, why is $ADA Pumping? 🤑

[CryptoBox 🧫🧠 @crypto_icebox]

@JaromirTesar The rationale is rationaling 👌 😉 thank you!

[CryptoBox 🧫🧠 @crypto_icebox]

@JS_unbound @JaromirTesar You like a slow blockchain?

[Cardano YOD₳ @JaromirTesar]

As a DRep, I have decided to vote YES on the proposal: IO: Consensus Initiative.

My rationale:

This is a must-have proposal for Cardano.

It directly addresses a fundamental limitation of the network, namely throughput at the consensus layer. Without a meaningful increase in L1 capacity, Cardano cannot realistically meet its 2030 ambitions or compete in high-throughput use cases.

Ouroboros Leos represents a critical step in this direction. By extending Praos with Endorser Blocks and committee-based validation, it aims to deliver an order-of-magnitude increase in throughput while preserving decentralization and security.

I want to be clear about prioritization.

In previous votes, I rejected proposals related to L2 scaling. These solutions may become important over time, but they are not substitutes for a strong and scalable base layer.

Cardano must first ensure that its L1 is capable of supporting meaningful economic activity at scale. For this reason, I consider L1 scaling through Leios to be a higher priority than current L2 initiatives.

At the same time, I do recognize the value of L2 solutions for specific use cases. They are a natural extension of the base layer. However, given the current budget constraints, the scale of funding requested by IO, and broader industry trends such as Ethereum's evolving stance on rollup-centric scaling, I believe L2 initiatives can be deferred in favor of strengthening L1 first.

This proposal focuses on progressing Leios from testnet to a mainnet-ready release candidate. It includes substantial engineering work on consensus integration, conformance testing against formal specifications, large-scale validation and adversarial testing, and preparation for hard-fork enabling.

While the proposal does not guarantee mainnet activation, it delivers the necessary conditions to make it possible. Given the complexity and risk of consensus-layer upgrades, this is a reasonable and expected approach.

I would also welcome clearer communication from IO regarding the longer-term scalability roadmap beyond the current Leios implementation. In particular, it would be important to clarify whether a more advanced version, often referred to as Full Parallel Leios, is realistically achievable and on what timeline.

Competing blockchain platforms are already targeting even higher levels of throughput and performance. Cardano may ultimately require additional scalability improvements beyond this iteration to remain competitive. Greater transparency in this direction would help DReps better assess the long-term value of this investment.

It is also important to acknowledge that protocol-level upgrades, such as Leios, create ecosystem-wide obligations. Alternative node implementations, such as Amaru, Dingo, and others, will need to adopt and maintain compatibility with these changes. This introduces additional downstream costs that should be considered as part of the broader funding strategy.

Leios is essential infrastructure for Cardano's future. It enables the network to scale, supports long-term sustainability through increased transaction capacity, and strengthens its competitiveness across key use cases. While the proposal would benefit from improved transparency and clearer cost justification, it addresses a critical need that cannot be deferred. For this reason, I support it.

If you'd like to support my work, consider delegating to the MANDA pool and backing me as a DRep. Your support is the only way I can get time for governance.

MANDA Pool ID:
pool1c3fjkls7d2aujud8y5xy5e0azu0ueatwn34u7jy3ql85ze3xya8

My DRep ID:
drep1y2m0g4r66pyaw3p7u454wc0p4f0ygm8ueaev0mgd3tvwm7sskqwqp