
Cardano (CRYPTO:ADA) founder Charles Hoskinson said the upcoming Ouroboros Leios upgrade could increase the blockchain's internal throughput by up to 60 times.
Hoskinson said the upgrade is intended to make Cardano faster while maintaining its decentralised design and security model.
Hoskinson said the higher throughput could allow Cardano to handle more transactions and bring its performance closer to other high-speed blockchain networks.
The upgrade is still being tested, and Input Output Global continues to add Leios-related changes before a future rollout.
Ouroboros Leios is a proposed scaling upgrade that separates transaction processing tasks to improve network capacity without changing Cardano's core consensus model.
Cardano developers have not announced a launch date, and Hoskinson's performance estimates remain forward-looking until the upgrade is deployed.
At the time of reporting, Cardano price was $0.1685.
Charles Hoskinson has denied rumours that he is retiring from Cardano (CRYPTO:ADA), calling the claims completely false.
Cardano (CRYPTO:ADA) climbed approximately 30% over the past seven days, overtaking Stellar (CRYPTO:XLM) in cryptocurrency market rankings after recovering from a period of weaker price performance.