Cardano’s founder Charles Hoskinson Updates on the Vasil Hard Fork

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  • Cardano founder Charles Hoskinson expressed confidence in the release of the Vasil Hard Fork.
  • Vasil hard fork aims to improve the scalability of the Cardano blockchain, which is why it is so difficult.
  • Stake pool operators (SPOs), exchangers, and developers can now incorporate the hard fork into their projects.

Cardano’s (ADA) much-anticipated Vasil hard fork update has been postponed until the smart contract platform’s issues are resolved. On Monday, August 1, Cardano creator Charles Hoskinson took to his YouTube channel to provide an update and discuss what would happen to the blockchain because there were still many questions about the hard fork.

Cardano founder Charles Hoskinson expressed confidence in the release of the Vasil Hard Fork, stating that there will be no further delays. The blockchain update is currently undergoing final testing, according to his most recent reporting. As we all know, the Vasil Hard Fork was supposed to be released on June 29, 2022. Fundamentally, the goal of this enhancement is to improve Cardano’s performance and scalability. The Vasil Hard Fork is expected to change the platform’s programming language, consensus process, and many other things.

Causes of the Delay

Cardano founder Charles Hoskinson claims that delaying the launch of the Vasil hard fork will allow Cardano to address any system issues. He confirms that these technical difficulties are becoming less severe and more understandable. He also stated that the process is going as planned. However, the platform’s engineers are currently working to make the upgrade as seamless as possible.

Vasil will Improve Cardano’s Scalability

Notably, the Vasil hard fork aims to improve the scalability of the Cardano blockchain, which is why it is so difficult. For months, Cardano supporters have been anticipating the Vasil hard fork with bated breath. Vasil is expected to move the network into the Basho phase of its strategy, increasing both network scalability and smart contract efficiency.

Launch of the Cardano’s Testnet

The Vasil Hard Fork went live on Cardano’s testnet last month on July 3, 2022. Stake pool operators (SPOs), exchangers, and developers can now incorporate the hard fork into their projects. By integrating projects with the testnet, developers can smoothly transition into the mainnet.

Cardano users should see a number of benefits once the update hits the mainnet. Cardano-based DApps will, among other things, allow for faster block production and increased scalability. Another significant advantage of the update is the ability to increase block size on the ledger. This feature allows for a more detailed recording of transactional data in each block.

 

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