Cryptoknowmics
2022-06-29 14:42:31

Cardano Vasil Hardfork Expected to Take Place in July End

The developer of the ecosystem, Input-Output (IOHK), is completing the groundwork as the cryptocurrency community anticipates the deployment of the Cardano (ADA) Vasil hardfork, which expects to occur at the end of July. According to a series of tweets from Input-Output on June 28, the team submitted a new request to hardfork the Cardano testnet and started the countdown for the Vasil mainnet upgrade. They have also obtained “good chain density to continue securely.” The developers specifically stated that the chain density was made possible by the new Vasil node producing more than 75% of testnet blocks (1.35.0). We’re delighted to report that in the last few minutes we have submitted an update proposal to hard fork the #Cardano Testnet, and commence the countdown for the #Vasil mainnet upgrade. 🧵 1/n — Input Output (@InputOutputHK) June 28, 2022 Cardano’s Biggest and Best Upgrade Yet Input-Output also reminded their followers that the Vasil upgrades are “Cardano’s biggest and best upgrade yet.” These Vasil upgrades ensure increased throughput through diffusion pipelining to a better developer experience via much-improved script performance & efficiency (plus cheaper costs). As they stated earlier, the top priority of this upgrade is maintaining customers’ safety and security. The community has also asked for a minimum of 4 weeks so that SPOs, developers, and exchanges can test and upgrade before hardforking the Cardano main...

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