The Cardano blockchain’s hard fork upgrade, Vasil, is scheduled for mainnet on Sept. 22, according to Cardano developer and operator Input Output Global’s (IOG) Twitter announcement over the weekend.
See related article: Cardano delays Vasil blockchain upgrade, citing bugs and ‘abundance of caution’
Fast facts
- “Vasil is the most significant Cardano upgrade to date, bringing increased network capacity and lower cost transactions,” Input Output posted on its Twitter thread.
- The upgrade will also bring enhancements to Plutus, Cardano’s smart contract platform, to enable developers to create more powerful and efficient blockchain-based applications, according to IOG.
- The upgrade has been pushed back several times, citing software bugs and testing.
- IOG said the rollout follows the successful completion and extensive testing of all core components, along with confirmed community readiness.
- A hard fork is a permanent update to a blockchain protocol that makes the new network backward-incompatible with previous blocks, often used to add or fix features of a blockchain.
- Cardano’s ADA token price rose 2.25% in the past 24 hours and 15.30% in the last seven days in Monday morning Asia time.
See related article: Markets: Bitcoin, Ether edge up; Cardano, Solana lead gains in crypto top 10
- ADA - Cardano
- Bitcoin
- blockchain
- blockchain compliance
- blockchain conference
- Cardano
- coinbase
- coingenius
- Consensus
- crypto conference
- crypto mining
- cryptocurrency
- decentralized
- DeFi
- Digital Assets
- ethereum
- Forkast
- hard fork
- machine learning
- non fungible token
- plato
- plato ai
- Plato Data Intelligence
- Platoblockchain
- PlatoData
- platogaming
- Polygon
- proof of stake
- W3
- zephyrnet
More from Forkast
The last 12 months the year to forget, says India’s WazirX crypto exchange
Source Node: 1783022
Time Stamp: Dec 22, 2022
Establishing standards will be key to the metaverse’s future success
Source Node: 1625002
Time Stamp: Aug 15, 2022
‘Third category thing’ — untangling digital asset property law in England and Wales
Source Node: 2227584
Time Stamp: Aug 22, 2023
California governor vetoes bill requiring crypto-related businesses to obtain special license
Source Node: 1692320
Time Stamp: Sep 26, 2022
Samourai Wallet founders arrested for laundering US$100 mln
Source Node: 2559911
Time Stamp: Apr 25, 2024
No ‘conclusive evidence’ that US$6 mln Solana hack caused by loophole: Slope
Source Node: 1620416
Time Stamp: Aug 12, 2022
Bitcoin gains to hold above US$30,000; Ether little changed
Source Node: 2143965
Time Stamp: Jun 22, 2023
UK regulator permits crypto ETNs for professional investors
Source Node: 2511618
Time Stamp: Mar 11, 2024
USDC issuer Circle attempts public listing again: report
Source Node: 2438457
Time Stamp: Jan 11, 2024
Grayscale says XLM, ZEC and ZEN may be securities after SEC inquiry
Source Node: 1642993
Time Stamp: Aug 28, 2022
Markets: Bitcoin and Ether down, Polkadot biggest winner among top 10 cryptos
Source Node: 1939988
Time Stamp: Feb 3, 2023
Bitcoin mining difficulty rises 7.6% to set new all-time high as hashrate jumps
Source Node: 2032142
Time Stamp: Mar 24, 2023