Logo
Cardano Ecosystem

Blaze Trends

08/16/2022

·

17.7K views


Cardano founder: ‘Development of Vasil update is going well’

The founder of the Cardano (ADA) network, Charles Hoskinson, recently reassured investors about the upcoming major Vasil hard fork of the network. This update has... The post Cardano founder: ‘Development of Vasil update is going well’ appeared first on...

Cardano founder: ‘Development of Vasil update is going well’

The founder of the Cardano (ADA) network, Charles Hoskinson, recently reassured investors about the upcoming major Vasil hard fork of the network. This update has been delayed several times, but according to Hoskinson, the update will now be launched on time.

Vasil hard fork Cardano

The update launch will most likely not be delayed any further now. Hoskinson says that from a crypto conference in the United States. An important caveat to this promise is, of course, that there will be no new big ones bugs must be found.

Earlier this month, Hoskinson announced that Cardano’s testnet had already implemented the 1.35 version of the Vasil update. All functionalities are currently being extensively tested here before the Vasil hard fork is also put on the market mainnet of the Cardano network will be launched.

The Vasil update is a so-called hard fork. That basically means that blockchain transactions on the old network will no longer work on the new network. So this is a serious update.

Bugs on the ADA testnet

While testing version 1.35 of Vasil on the testnet, a number of bugs were discovered. Although, according to Hoskinson, this involved small anomalies, or deviations, time had to be spent on fixing these bugs. In the latest version of the Vasil hard fork, 1.35.3, the issues will be resolved and, according to Hoskinson, this will most likely be the version to hit the mainnet.

Hoskinson reassured the community that Cardano’s 700 employees were working hard on the project. He added that the Vasil hard fork was extremely complex because it touched several areas such as the consensus model and upgrades to the Plutus smart contract platform. Decentralized applications have already been successfully deployed on the testnet.

According to Hoskinson the Vasil hard fork will ensure that the Cardano network has comparable performance to the Solana (SOL) network. This network is praised for its transaction capacity and speed.

Other stories

Sushmita Sen Madly In Love Now Mentioned While Sharing Photos

Next Story

Shiba Inu game developers increase server capacity of new game

Previous Story
AD

SNEKbot by DexHunter on CARDANO

Cardano's Telegram Trading Bot live on Cardano mainnet!TRADE NOW!


Read Original Article on Blaze Trends

ORIGINAL SOURCE

https://blazetrends.com/cardano-founder-...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


Genius Yields DEX Launched!

More from Blaze Trends

See more
Cardano Spotlight: Network Experiences Explosive Growth
Blaze Trends
Cardano Spotlight: Network Experiences Explosive Growth

09/05/2023

·

80 views

Related News

See more
Genius Yields DEX Launched!

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)