Ada Vasil “Rocket Ship” Launched: Charles Hoskinson by CoinEdition


The launch of the Ada Vasil “Rocket” ship: Charles Hoskinson
  • Charles Hoskinson has shared the news that the final stages of the Vasil hard fork have been released.
  • The co-founder stated that the upgrade will take effect on September 22nd.
  • In related news, the market reacted positively to the latest announcement as the price of ADA rose.

Cardano co-founder Charles Hoskinson posted a video on Twitter (NYSE: 🙂 sharing the news that Cardano Network has entered the final stages of Vasil’s upgrade.

In a video posted to Twitter over the past 12 hours, Charles Hoskinson shared that a proposal and signature to praise the hard fork had recently been initiated and approved, which was successfully submitted and approved. Now, Hoskinson added, this means that Cardano’s network has entered a “fassel era”.

According to Hoskinson, the deployment of the Vasil upgrade has begun which is an automated process that will take about 5 days to complete. Given the start of the process yesterday, September 17, Vasil’s upgrades will go into effect on the 22nd of this month.

Cardano’s co-founder likened the operation to a rocket ship, noting that the team would have to wait to see if it was successful. He also said there was “no turning back”.

Some of the features that will be introduced to the Cardano network will be released immediately after the transition to the new state is complete, while others will take about 5 days to become effective. Cardano’s team does not anticipate any problems.

Crypto market tracking site CoinMarketCap shows that the market reacted positively to the announcement, with the network token, ADA, rising 2.70% in the past 24 hours. As such, the ADA is trading at $0.4874 at the time of writing. However, ADA price is still down by 5.65% during the week

Ada’s Vasil’s ‘Rocket Ship’ Launched: Charles Hoskinson debuted in Coin Edition.

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