Starting Vasil Hard Fork Direct from Cardano – Explain the Importance of Upgrade

Starting Vasil Hard Fork Direct from Cardano - Explain the Importance of Upgrade

After suffering multiple delays in June and July, Cardano’s long-awaited Vasil hard fork network upgrade was successfully implemented, resulting in “significant performance and capacity” improvements to the network.

Live hard fassil fork

Input Output Hong Kong (IOHK), the development team behind Cardano, announced via Twitter that the Vasil hard fork upgrade has been implemented. on the blockchain at 21:44 UTC on Thursday, September 22nd. IOHK chirp:

Vasil’s successful launch marks the start of a five-day Hard Fork operation, which is expected to finish on September 27. Hard Fork will introduce new features, while protecting the blockchain from data loss.

Importance of Fasil Hard Fork

The upgrade has been described as the most significant period since Cardano’s launch. For example, Vasil will enhance the capabilities of Cardano’s smart contract with Plutus V2, which was initially released in September 2021.

Cardano has long been criticized for failing to compete with other smart contract platforms, but Vasil is expected to fix that. Implementing the upgrade could lead to more decentralized applications being developed on Cardano.

The hard fork also aims to improve Cardano’s throughput capacity across propagation pipelines, thereby increasing the overall scalability of the network, while also lowering transaction costs.

on the flip side

  • In addition to Vasil, Cardano is also developing a new Layer 2 meter solution called Hydra, which is expected to be launched in 2023.

Why should you care

With Vasil working to make Cardano more developer friendly, the project may finally begin to live up to its hype as an “Ethereum killer.”

Read how Cardano (ADA) is reacting to the launch below:
Uniglo (GLO) price hike mid pre-sale. Fantom (FTM) and Cardano (ADA) holders join

Learn more about Hydra in:
Cardano launches Hydra Extension Protocol

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