Cryptoknowmics
2022-09-21 07:23:53

Binance.US Will Support the Upcoming Cardano (ADA) Network Upgrade & Hard Fork

Binance.US has announced that it will support the upcoming Cardano (ADA) “Vasil” upgrade and a hard fork, estimated to occur at epoch 365, which is estimated to occur on September 22, 2022, at approximately 2:45 PDT / 5:45 EDT. #BinanceUS will support the upcoming #Cardano $ADA “Vasil” upgrade and hard fork, which is estimated to occur on September 22, 2022 at approximately 2:45 PDT / 5:45 EDT. Learn more: https://t.co/FHb4yGfK4X pic.twitter.com/ln3k3Apmqo — Binance.US 🇺🇸 (@BinanceUS) September 20, 2022 Cardano’s Highly Anticipated Vasil Hard Fork Upgrade The much-awaited Vasil hard fork, which will take place on the leading network on Thursday, September 22, will update the Cardano blockchain’s smart contract capabilities, boost the chain’s throughput, and lower expenses. The native smart contract language of Cardano is called Plutus. Plutus (v)2, the second iteration of Cardano’s programming language, will be delivered by Vasil. As the core component of Cardano, Plutus effectively separates the on-chain transaction validation from the off-chain code that powers smart contracts. This off-chain code runs on a user’s computer. The new Plutus v2 features will be accessible one epoch following the hard fork on Thursday, which is anticipated to take place on September 27. Binance.US Launches Cardano Staking Ahead of Upgrade Customers could stake their ADA on the site to earn up to 6.1% APY upon launch, Binance.US stated on Augus...

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