15.08.2022
Chicago 12, Melborne City, USA
Scalping

Cardano presents the “final candidate for the release of the mainnet Vasil”

The society responsible for the research and development of Cardano, Input-Output Global (IOG), has presented a new node for the preparation of the launch of the Hard Fork Vasil. According to IOG, the development is essential for the launch of Vasil’s testnet and mainnet, since the Cardano 1.35.0 node would be the final candidate for this innovative project.

Today we are happy to announce that the IOG team managed to tag and release the node #Cardano 1.35.0, which we can confirm will be the final candidate for the release of the Vasil mainnet.

For now, everything is in line with the testnet release data. The announcement also reveals that the developers have observed that Vasil’s update is complete. This means that Vasil’s test on the new code of Plutus v2 has been completed and carried out without problems with positive results regarding performance and costs. IOG has also left the intention that further updates on Vasil’s update will be announced this week.

Even the SPO would have been informed of the release of the new node. A questo proposito, according to the IOG, it is predicted that the SPO will carry out an update to the new node to prepare for the launch of the Vasil test network.

We will give the SPOs of the testnet the necessary time and no sooner than 75% of the SPOs that produce blocks on the testnet will have carried out the update – necessary for a satisfactory chain density for the hard fork – we will present the proposal for updating the testnet, which will require a complete period to enter into force.

The date of release of the Vasil Hard Fork has been postponed to the next month

Vasil Hard Fork takes the name of a devoted member of Cardano called Vasil St Dabov. Being one of the most important updates of the Cardano blockchain, it will be accompanied by a unique feature called “pipelining”. This will lead to a massive improvement in the level of consensus of the network to introduce a faster propagation of the blocks. In addition, il Plutus di Cardano will undergo its first major improvement.

The combination of these changes will bring Cardano to be faster than its competitors and to be a highly competitive platform for decentralized finance (DeFi) this year.

It is important to note that the release of the mainnet of the Vasil Hard Fork was originally foreseen for this month. However, it has been postponed until the next month, while the testnet is expected for this month.

Charles Hoskinson, the CEO of IOG, has revealed that the return of the mainnet is due in large part to the collapse of the Terra ecosystem. Secondo lui, dovevano evitare queste circumstances sfortunate. ADA is currently exchanged for one quote of 0.50 dollars, with a decrease of 2% in the last 24 hours and 83% compared to its historical maximum of less than 3 dollars.

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