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09/06/2022

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Cardano IOHK Reveals 4 Top Exchanges Now Ready For Vasil, As Blocks Produced By Vasil Friendly Nodes Reach 94%

The post Cardano IOHK Reveals 4 Top Exchanges Now Ready For Vasil, As Blocks Produced By Vasil Friendly Nodes Reach 94% appeared on BitcoinEthereumNews.com. – Advertisement –   The Vasil hard fork is closer than ever. IOHK, the development...

Cardano IOHK Reveals 4 Top Exchanges Now Ready For Vasil, As Blocks Produced By Vasil Friendly Nodes Reach 94%

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The Vasil hard fork is closer than ever.

IOHK, the development team behind the Cardano network, reveals four news exchanges that have confirmed readiness for the Vasil update.

  • Gate.io
  • Whitebit
  • BtcTurk
  • OKx

According to IOHK:

As the #Cardano ecosystem continues to prepare for the most ambitious upgrade to date, we’re committed to keeping you informed on the latest status

In the last 48h the following exchanges & projects confirmed they were #ReadyForVasil:@gate_io@WhiteBit@btcturk@okx@get_revuto

— Input Output (@InputOutputHK) September 6, 2022

IOHK also reveals that Vasil Friendly Nodes now produce 94% of blocks.

“SPO readiness: 94% of mainnet blocks being created by the final Vasil node candidate (1.35.3).”

The three metrics being tracked by IOG are; the percentage of mainnet blocks produced by the final node version, for which the team set the bar at 75%, and the number of upgraded exchanges for which the bar is set at 25 to represent about 80% of liquidity, and the upgrade of the top 10 dApps on the network by TVL. On Monday, the team disclosed the network had met the first requirement.

The long-anticipated Vasil hard fork was first slated for lunch at the end of June but has since faced several delays. Notably, the most recent delay at the end of July came after bugs were discovered in node 1.35.0 that led to the creation of 3 different software scripts, with IOG finally settling to go ahead with version 1.35.3 for the upgrade.

Please remember that Vasil’s recently announced final date is 22 September 2022.

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The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Source: https://thecryptobasic.com/2022/09/06/cardano-iohk-reveals-4-top-exchanges-now-ready-for-vasil-as-94-of-blocks-produced-by-vasil-friendly-nodes/?utm_source=rss&utm_medium=rss&utm_campaign=cardano-iohk-reveals-4-top-exchanges-now-ready-for-vasil-as-94-of-blocks-produced-by-vasil-friendly-nodes

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