Cardano (ADA): Complete success of the Vasil hard fork!

The wait was long for the hard fork Vasil of Cardano. But we have finally entered a new era. This upgrade promises several conveniences: thanks to it, the blockchain will become more scalable, less expensive and more efficient. Charles Hoskinson and his whole team must be thrilled.

Promise kept for Vasil

Like Ethereum’s The Merge, the hard fork of Cardano has seen many postponements. Now there is no more suspense, Vasil is completely finished.

#Vasil Mainnet HFC Event Success!

We are happy to announce that today, at 21:44:00 UTC, the IOG team, together with the @CardanoStiftung, successfully hard forked the Cardano mainnet via an HFC event, deploying new #Vasil features on the channel. »

Yesterday, taking a walk on the IOHK website, we found that the calendar relating to Vasil did not suffer from any modification. Here is a timeline that deserves your full attention:

  • September 19: Mainnet update proposal date to trigger the September 22 HFC event;
  • September 22: Mainnet Vasil’s HFC date, which had resulted in the transition from the Alonzo era to Babbage at 21:45 UTC;
  • September 27: At the same time, the Plutus V2 cost model will become available on the mainnet.

At the same time, Cointelegraph announced that all critical mass indicators are reached. These being published by Input Output very early in the morning of September 21st.

With this latest addition, we have achieved the 3 critical mass indicators:

– 39 exchanges upgraded (87.59 by liquidity);

– over 98% of mainnet blocks are now created by Vasil node (1.35.3);

– TVL’s main Cardano #DApps have confirmed that they have been tested and are ready. »

After the official Input Output post, Charles Hoskinson mocked gregsmomsbabysdaddy on Twitter. Because the latter quipped the founder of Cardano yesterday by posting “ @IOHK_Charles, am I going to eat butt tonight? Vasil is live? “.

Better to buy mouthwash. Vasil is live. Anyone have any recommendations for Greg? Hoskinson replied.

A hard fork that is unanimous?

Vasil is a hard fork to controversy. Last August, some members of the crypto community criticized the bug relating to version 1.35.2. Fortunately, Charles Hoskinson was able to solve this problem by presenting version 1.35.3 of the code.

But in view of the changes brought by the Vasil upgrade, many will rejoice. Indeed, this hard fork promises, among other things:

  • transmission of blocks without full validation, in other words, faster creation of blocks;
  • updates from smart contract Plutus which will allow dApps to deploy and operate at minimal cost on Cardano;
  • etc

However, developers will still have to wait until September 27 to enjoy new conveniences related to the upgrade of the Plutus script.

Bill Barhydt, founder of Abra, is among the first to congratulate Cardano for taking this step.

Congratulations to the Cardano ($ADA) team for the Vasil hardfork. Even more hard work in crypto that pays off.

Making UTXOs and inputs accessible to scripts/Plutus without spending them is a big win for developers. Cheer !

Congratulations to @IOHK_Charles @CardanoStiftung and the teams! »

But all is not over for Cardano developers. Vasil is just one step that will lead towards the development of the Hydra protocol, a Tier 2 scaling solution that will ensure transactions off of Cardano. Note also that the hard fork Vasil pushed the ADA coin up by 4% according to CoinGecko. Are these upgrades a sign of a bull run imminent?

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