Cardano (ADA) Could Peak Around Two Dates After Vasil Hard Fork?

The Cardano developers have already announced that the Vasil hard fork will happen on September 22. The process for taking the network the Vasil upgrade is already underway. However, a few improvements related to the hard fork could only come live on September 27. This is due to a range of technical reasons, Charles Hoskinson, the cofounder of Cardano, said.

The Vasil Hard Fork Trigger

With the Vasil hard fork triggered on September 22, the Vasil upgrade will come live at the start of epoch 366 on September 27, the team said recently. On the other side, the ecosystem around Cardano network is also preparing for important update. The Vasil upgrade was named after the Cardano community member, late Vasil St Dabov. The key upgrade will bring significant improvements using Cardano’s hard fork combinator approach.

The upgrade will also enhance the network’s performance by increasing throughput, script efficiency, and reducing latency in block transmission. The Cardano team said the ecosystem is getting ready with testing. Meanwhile, as of last week, some of the top crypto exchanges showed around 55% preparedness for the hard fork. The developers, hence, are confident of triggering the hard fork at the expected time.

“Over 98% of mainnet blocks are now being created by the Vasil node (1.35.3). The top Cardano DApps have confirmed they have tested and are ready.”

Anvesh reports major developments around crypto adoption and price analysis. Having been associated with crypto since 2016, he is now a strong advocate of decentralized technologies. Follow Anvesh on Twitter at @AnveshReddyBTC and reach him out at [email protected]

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