What You Need To Know About The New Cardano Vasil Hard Fork

The Cardano Vasil Hard Fork is the next update on the Cardano roadmap that aims to make the blockchain more robust and scalable, but what exactly is it?

The ADA blockchain has now strengthened its infrastructure to improve the network through prior upgrades like the Alonzo hard fork. Other initiatives in the works include the Cardano Hydra L2 and the Djed Stablecoin.

Cardano creator Charles Hoskinson, together with head developer Sooraj, has now injected hype into the planned Vasil hard fork. Let’s have a peek at what this new network update has in store for us.

Vasil Hard Fork will pack a powerful punch.

For the Cardano network, this is a huge step ahead. It adds features that, in the words of the Cardano architect, “make apps sing on Cardano.”

Several of these features were mentioned by Hoskinson in a YouTube podcast. Most significantly, it will implement pipelining, which will improve block dispersion and allow the blockchain to scale to the point where input endorsers are welcomed.

Enhancements to CIP 31, 32, and 33, as well as the addition of reference scripts, inline datum, and reference inputs, are just a few of the new features. The patch, when combined with bug fixes for previous features, will dramatically improve the development experience for Cardano-based projects.

Cardano Vasil Hark Fork release date

We already know that the Cardano Vasil hard fork upgrade will be live on June 29. Developers are now performing extensive quality assurance (QA) checks, which will continue for the next few months, to ensure that everything is right.

As the update approaches, exchanges and partners are also preparing to support it. Meanwhile, the Cardano ecosystem continues to expand significantly. This month saw the beginning of IOG’s Project Catalyst project in Africa. 

Despite the upcoming update, however, the price of ADA has not changed significantly. ADA is currently trading at $0.95, a loss of 0.86% on the day. The cryptocurrency is down 10.4% in the weekly timeframe.