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Leios Update: Charles Hoskinson Clears Doubts

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by Giorgi Kostiuk

4 hours ago


The Leios upgrade has become a topic of active discussion within the Cardano community. Founder Charles Hoskinson responded to questions about the project's status, dispelling doubts about its abandonment.

Cardano Community Presses for Leios Update

Recently, speculation has arisen within the Cardano community regarding the status of the Leios upgrade. Some users expressed concerns that the planned enhancement to the blockchain network may have stalled or been abandoned. These apprehensions surfaced amid Charles Hoskinson’s involvement in other ventures, such as Midnight.

Charles Hoskinson Responds to Leios’ Speculation

In a recent update, Charles Hoskinson stated that assumptions about Leios being abandoned were incorrect. He pointed to ongoing updates, public discussions, and a dedicated development team as evidence that the project remained active. Hoskinson emphasized that launching new ventures did not imply neglect of existing ones.

Cardano Price and Network Outlook Remain Steady

Despite speculation, the development of Cardano continues to progress. The Leios upgrade is part of a multi-layered plan, along with Hydra for scalability and the Midnight network for privacy. As of now, ADA was trading at $0.5844, recording a slight growth of 1.55% over the past 24 hours, although trading volume had seen an 18% decline.

Charles Hoskinson's comments may provide some clarity for stakeholders, but the pace of progress remains closely monitored by the community.

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