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Home Blockchain

Cardano Vasil Improve To Be Delayed For A number of Weeks

Blockchaingist by Blockchaingist
September 5, 2022
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Cardano Vasil Improve To Be Delayed For A number of Weeks
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The Cardano Vasil hard fork has been delayed one more because the developers want to ensure a smooth transition for the community. Initially, the enhancement was anticipated to occur in one month. However, Enter Output World (IOG), the company responsible for Cardano’s research and development, has posted a YouTube update stating that the hard fork has been delayed.

The builders require a smooth transition

Kevin Hammond, the technical director of IOG, stated that the hard fork has been delayed to ensure that all parties, including API developers and exchanges, are prepared for the upgrade.

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“Clearly, from where we are, it will be a few further weeks before we reach the actual Vasil hard fork,” he said. Hammond noted that the process is a comprehensive one that all clients are expected to follow to make the transfer simple and easy.

He said that the IOG has been attempting to resolve various testnet issues since Cardano node model 1.32.2 was released. Following the fix, the new node architecture has resolved issues associated with stake pool operators, internal testing, decentralized application (DApp) developers, and other problems identified on the testnet.

Hammond stated that it will eliminate all leftover points prior to the Vasil difficult fork. In order to ensure a smooth transition, it is planned to address each issue that may arise as a result of the improvement, he explained.

ADA’s Value Exhibits Some Volatility

In anticipation of the increase, the Cardano (ADA) market price has experienced considerable fluctuation. It has risen almost 7% in the last 24 hours and is currently trading at $0.537 at the time of writing. According to data from CoinGecko, the value of the cryptocurrency has increased by 21% during the past two weeks.

The Vasil hard fork would be the most significant upgrade to the Cardano system since the Alonzo hard fork in September 2021. Many enthusiasts have referred to the anticipated hard fork as a “game-changer” in the platform’s history. There are high expectations for the upgrade, which includes improving the scalability and speed of the network. It will also make DApps and smart contracts easier and more feasible to implement.

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