# Cardano Founder Says Blockchain Network Will Be Complete After Leios Upgrade

- URL: https://stocks.freetheai.org/news/cardano-founder-says-blockchain-network-will-be-complete-after-leios-upgrade-d019ae
- Published: 2026-10-17T10:35:56Z
- Category: crypto; sentiment: mixed; impact: medium
- Symbols: [COINBASE:ADAUSD](https://stocks.freetheai.org/symbols/COINBASE-ADAUSD)
- Written by our AI from expert market sources across the web for FreeTheAI Stocks, built by Vibhek Soni
- How write-ups are made: https://stocks.freetheai.org/how-we-write
- Not financial advice: https://stocks.freetheai.org/disclaimer

Cardano (COINBASE:ADAUSD) founder Charles Hoskinson stated that the blockchain platform will be feature-complete following its upcoming Leios scaling upgrade. In a recent online discussion, Hoskinson noted that after Leios is implemented, the network will possess all intended capabilities, including decentralized governance, smart contracts, formal security methods, and recursive self-improvement. The native Ada token traded down 2.28% at 0.2203 USD following the statement.

The Leios upgrade enhances the network's current consensus protocol by introducing endorser blocks and committee validation. This architecture aims to expand processing capacity from 5–10 transactions per second to approximately 100 transactions per second, with long-term goals exceeding 1,000 transactions per second. Developers previously demonstrated 1,000 transactions per second in testing during September 2026. Higher throughput is designed to support applications such as decentralized finance, microtransactions, supply chain management, and digital identity systems.

Development continues on the public testnet, known as Musashi Dojo, which launched in June 2026 across five planned phases. The testnet recently advanced to its third phase, named Fire. Investors and developers will monitor the remaining test phases—Wind and Void—before mainnet deployment, as well as progress on Midnight, a privacy-focused sidechain project.

## Key points

- Cardano founder Charles Hoskinson stated the network will be complete after its upcoming Leios upgrade.
- The Leios upgrade aims to increase network capacity from 5–10 transactions per second to 100 TPS or higher.
- Cardano native token Ada traded at 0.2203 USD, down 2.28% for the day.
- Testing on the Musashi Dojo public testnet has progressed to the Fire phase, the third of five planned phases.

## Questions and answers

### Is the Cardano blockchain network finished?

Cardano founder Charles Hoskinson stated the network will be complete once the Leios consensus and scaling upgrade is fully deployed.

### What is the Cardano Leios upgrade?

Leios is a consensus upgrade that adds endorser blocks and committee validation to increase transaction processing speed and capacity.

### How fast will Cardano be after the Leios upgrade?

Leios targets an initial capacity of around 100 transactions per second, with long-term targets of 1,000 transactions per second or more.