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Vasil Hard fork

Cardano founder “pretty happy with VC.1.35.3”

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Vasil, Cardano’s hard fork, has already seen a few delays. As a result, the aforementioned improvement aims to decrease transaction size while increasing the network’s capacity for transactions. The transaction fee will also decrease, making this Cardano’s “largest” and “greatest” improvement.

In contrast to rushing into the hard fork, developers are concerned with quality and want to get things right. In a recent YouTube live, Cardano’s founder Charles Hoskinson stated the following regarding the current situation:

“Vasil is looking good.”

He continued, “I’m really delighted with v. 1.35.3,” The team deployed the aforementioned node during the end of last week, and according to development notes,

“Node 1.35.3 fixes some important issues with previous versions of the node and provides some CLI enhancements. The node provides full Vasil-era capabilities.”

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Source: Twitter

However, it should be noted that none of the known problems were viewed as obstacles to the mainnet hard fork. Hoskinson claims that the most recent node, which the team has tested out along with versions 1.35.1 and 1.35.2, may be the final one for the hard fork. He elaborated on this in the video, saying,

“1.35.3 is out, and that’s probably going to be the node unless something is discovered that the hard fork combinator event is pushed for. So it’s being rapidly adopted and tested and played around with by the community.”

The founder of Cardano went on to say that the ship was in good hands and that’s what a cryptocurrency and a blockchain ecosystem should be.

Other networks have more utility than Cardano?

Even while the token has performed admirably in terms of networks, detractors like Mark Cuban believe that other networks, like Dogecoin, are more useful than Cardano. The American businessman continued to assert last week that “no one” besides his Twitter ADA followers had ever disclosed to him that they used a specific Cardano app. He added that the token “church” is the only place where the ecosystem’s games, DeFi, NFTs, etc. are visible.

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Source: Twitter

In the most recent video, Hoskinson defended the network by saying,

“I know you don’t think there’s any Dapps on Cardano, but there’s actually a lot of code that’s been deployed…”

Despite significant advancements, Cardano and its whole crew have faced opposition from haters, trolls, and network impersonators. A certain Twitter user recently asserted that he would “steal” Cardano’s code and create his own network. Hoskinson, though, didn’t seem to care, as he only offered a message with a spelling fix in response.

Cardano’s Charles Hoskinson spills beans on Vasil Hard Fork delay

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Charles Hoskinson, the man behind Cardano, has spoken out on the Vasil hard fork delay. In a live broadcast from his residence in Colorado, titled “Some Brief Comments on Vasil,” Hoskinson explains what’s taking so long. He says,

“The issue is that you have to correct something every time it’s detected. The patch must then be verified, and the full testing workflow must be repeated.”

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Source: Twitter

He further added, “So you get to a situation where you feature complete. But then you have to test, and when you test, you may discover something, and then you have to repair that, and then you have to go back through the entire testing pipeline. So this is what causes release delays.”

During the most recent Cardano360 event, IOG’s technical manager Kevin Hammond suggested that there might be a few more weeks of delay without offering a specific release date. According to him, carrying out this test was essential to ensuring a smooth process and subsequent testing.

After IOG disclosed a change in the timeframe around the end of June, the eagerly awaited Vasil mainnet hard fork had previously been anticipated to happen in the last week of July.

Cardano founder foresees no further delays

On July 3, the IOG team hard forked the Cardano testnet to include Vasil functionality. After the announcement of the testnet hard fork, development resumed with the release of the initial node v.1.35.0. The IOG teams continued working on nodes v.1.35.1 and v.1.35.2 after the problems were found.

The new node v.1.35.3 is identified by the inventor of Cardano as the most likely contender for the hard fork.

The good news, according to Hoskinson, is that the list of potential problems has shrunk significantly, and in that regard, testing is currently nearing its conclusion.

He further said,

“So unless anything new is discovered, I don’t anticipate that we’ll have any further delays.”


In other good news, Origin Thread’s first blockchain-backed, NFT-connected shirts will be arriving in Austria, Canada, Germany, Japan, Norway, South Africa, Switzerland, the United Kingdom, and the United States later this month.

Cardano’s Vasil Fork Is Successfully Deployed On Testnet; What’s Next

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The Cardano’s Vasil Upgrade is now live on the testnet, IOG noted while calling on stake pool operators [SPO] developers and exchanges to commence their final testing and integration processes before the mainnet hard fork in 4 weeks.

“The teams at @cardanostiftung & IOG will be working closely with exchanges and DApp/tool developers throughout this process. As soon as we are confident ecosystem partners are comfortable & ready, we’ll submit an updated proposal to upgrade the mainnet to Vasil,” the tweet read.

Once integrated on the mainnet, the new upgrade is designed to allow faster block creation and greater scalability for decentralized apps [dapps] running on Cardano.

The upgrade is widely anticipated by both developers and investors of Cardano. Since integrating smart contracts, the network has seen explosive growth in activity.

Developers rely on smart contracts to build decentralized applications like DEXs, NFTs, or other yield farming platforms.

These new dApps will likely bring more users and developers onto the blockchain. Before smart contracts, DeFi’s uses on Cardano were comparatively low, unlike its bigger rival Ethereum.

However, Ethereum became notorious for its exorbitant high fees. This is because the addition of smart contracts creates more congestion and traffic lowering the network speed and increasing transaction cost.

Cardano’s Diffusion Pipelining To Increase The Transaction Throughput

The new Vasil hard fork is an attempt to mitigate the increased congestion. To achieve the same, Cardano came up with a solution called Diffusion Pipelining.

“Vasil improvements include higher throughput through diffusion pipelining to a better developer experience via much-improved script performance & efficiency [plus lower costs].”

Earlier, validators must adhere to some specific steps in order to complete the block verification process as Cardano uses a Proof-of-Stake consensus mechanism, which was tedious and time-consuming.

Under the diffusion pipelining, each of these steps would be completed in their entirety before the block is moved to the next validator.

The team claimed the above feature would boost the transaction speed and with faster speed on a blockchain, fees tend to be lower.

With that said, the introduction of such improvements, as well as other smart contract upgrades, will likely continue to attract DeFi developers and new users.

Cardano’s Vasil Upgrade Inches Closer; Testnet Changes Begin From July 3

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Cardano’s highly-awaited Vasil hard fork countdown has begun. In their latest update, Input-Output announced that they have put forward an update proposal to split the testnet.

Changes are scheduled to take place at 20:20 UTC on 3 July.

Previously the R&D team had publicly notified of the successful tagging and release of the blockchain’s node 1.35.0. This new node is touted to be the “final candidate” before the mainnet Vasil upgrade goes live.

Till June 28, over 75% of testnet blocks have been created by the newly deployed Vasil node, which the team said is a good indicator.

After the Vasil hard fork is implemented to the Cardano testnet, “staking pool operators [SPOs], developers, and exchanges will have roughly four weeks to test an upgrade before the mainnet is hard forked,” the team revealed.

Cardano’s Vasil fork is its most complex program work to date

Terming it as the biggest and best upgrade to date, IOHK quoted, “Vasil improvements include higher throughput through diffusion pipelining to a better developer experience via much-improved script performance & efficiency [plus lower costs].”

Adding “It is also the most complex program of work we’ve undertaken. And the whole community is involved.”

For those unfamiliar, Cardano is a proof-of-stake blockchain and the first to be founded on the peer-reviewed, verifiably secure blockchain protocol known as Ouroboros, the key behind the network’s decentralization.

The upcoming Vasil upgrade on the blockchain seeks to improve the performance and capabilities of the Ouroboros-based proof-of-stake [PoS] blockchain platform.

Another interesting thing to note, the latest upgrade is named in honor of Cardano’s long-standing community member, Vasil St Dabov.

Meanwhile, the Vasil hard fork was postponed from being launched in June as earlier planned. The team explained that it was due to the discovery of some “seven minor bugs.”

In addition, Cardano’s Co-founder Charles Hoskinson blamed it on Terra’s meltdown which according to him also played a role.

Hoskinson in the recent video said the update was ready but the team was asked to exercise caution before releasing major products following the crash of the algorithmic stablecoin TerraUSD [UST] and Terra [LUNA].

Cardano’s Highly Anticipated Vasil Update Is On Its Last Leg: More Details

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Cardano’s much-awaited Vasil hard fork is heading towards its final leg, research wing Input Output [IOG] announced via Twitter. The upgrade is expected to ramp up the network in terms of speed and scalability significantly.

The Vasil hard fork is scheduled to go live on the 29th of June, but it is already up and running on Cardano’s testnet. With the previous hard-fork, Alonzo, Cardano implemented smart contract capabilities, allowing developers to build dApps.

In the Twitter thread, the firm is currently working on its final preparations to ensure minimal disruption to exchanges and ecosystem partners from Dapp developers to 3rd party tools providers.

Terming the upgrade as the “most complex to date”, IOG also announced that it has successfully delivered a new Node release for the Vasil upgrade infused with its latest Plutus smart contract capabilities.

The firm also revealed that it has managed to solve issues that the firm encountered while conducting its extensive ongoing testing program. Further, it wrapped up its post by saying at least 40 projects have been covered so far under the testing program.

“This final testing process is now underway with c. 40 projects BuildingOnCardano. This will help ensure that any changes do not adversely affect functionality for the Dapps that are already live on the network. Thanks to all the projects supporting this next important stage. We’ll be sure to keep you posted on progress in our next mid-month development update.”

With this latest upgrade, Cardano’s developers hope to scale up the efficiency of smart contracts to make Cardano blockchain cheaper and faster to use.

Number of active Cardano pools crosses 3000 as Vasil hard fork nears

On the other hand, the number of active Cardano [ADA] pools continues to rise in anticipation of the upcoming hard fork.

For those unfamiliar, Stake pools are run by a reliable operator an individual or business with the knowledge and resources to run the node on a consistent basis.

That said, investors are anticipating not only a price rise of the token but also an overall improvement to the ecosystem as a whole, which is why the number of active pools continues to expand as traders look to capitalize on both of these developments.