Crypto

New Timeline Revealed as Cardano Vasil Upgrade is Postponed

It was announced by Input-Output Global (IOG) that the anticipated Vasil hard fork will be postponed

According to the latest blog post, The software company which developed Cardano (ADA) has revealed that it has few outstanding items to run in as a guarantee to ensure everything is working as supposed.

The head of the delivery and products, Nigel Hemsley, did say the the team would need more development days in order to re-evaluate the final status. As the date which was targeted for the mainnet hard fork was on June 29 of this year.

“The IOG engineering team is extremely close to finalizing the core work, with just seven bugs still outstanding to complete the hard fork work, with none currently ranked as ‘severe’. After some consideration, we have agreed NOT to send the hard fork update proposal to the testnet today to allow more time for testing.”

Both Cardano Foundation and IOG has agreed on a new release date to hard fork the testnet by the end of June. And when it is done, the expected timeline to release Vasil will be in the last week of this month (June). This agreement revealed after many rumors about a potential delay in the Cardano Vasil upgrade.

Tim Harrison, the community and ecosystem vice president, did say while responding to the news, that when everything was progressing according to the plan, there were multiple factors before the hard fork combinator event actually takes place.

The main purpose of the Vasil hard fork is basically to improve scaling by adding pipelining which will improve block diffusion.

Charles Hoskinson the Cardano founder has revealed earlier that Visal would definitely be a “major major major major” event for the ecosystem.

By the time of writing this article, Cardano (ADA) is trading at $0.5095 in green.

Related Articles

Back to top button