Resource: Dailycoin.com
2 years ago
Date: 29 Aug 2022 - 09:45

Cardanos founder Charles Hoskinson has announced a new timeline for the deployment of the Vasil hard fork upgrade anticipating that the mainnet upgrade will go live in September if everything goes according to plan.Development Is Progressing SwiftlyIn a Friday Twitter Livestream from Colorado Charles Hoskinson shared a brief update on the Vasil upgrade. According to Hoskinson the development of the muchanticipated hard fork is going on swiftly.Hoskinson explained that IOHK developers and the community are still conducting thorough tests on the Vasil hard fork and the integration work and infrastructure are looking fine.According to PoolTool Cardano Stake Pool Operators SPOs running the latest 1.35.3 now account for 55 of mainnet block production more than half of the 75 needed before the mainnet is hard forked.When Is the Vasil UpgradeHoskinson adds that there are no major bugs on the mainnet only small bugs in the backlog. He also clarified that none of the small bugs are hard fork blockers capable of delaying the mainnet.With this Hoskinson estimates the upgrade will take place sometime in September unless the development sees a major slowdown.When the goal of 75 SPOs is hit and three to five of the major exchanges by volume have upgraded their Cardano nodes Binance has already upgraded to the latest version then the date for the Vasil upgrade will be announced.On the FlipsideThe timeline puts the Vasil deployment very close to the Ethereum mainnet merge and could receive less attention if Ethereum launches first.Why You Should CareThe Vasil hard fork aims to add four Cardano Improvement Proposals CIPs to increase throughput reduce transaction cost and improve the development of smart contracts and decentralized apps dApps.Read about the conditions needed for the upgrade inCardano ADA Vasil Upgrade Is Ever Closer as Upgraded SPOs Make Up 42 of BlocksCardano already outperforms tech leaders in energy efficiency. ReadCardano ADA Is More Energy Efficient than YouTube PayPal and Netflix

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