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Cardano’s Vasil hard fork postponed as ADA experiences a green week

Published by
Nonhlanhla P Dube

The much-anticipated Cardano (ADA) Vasil hard fork has been postponed for several weeks as the smart contract platform enjoys green price activity.

Cardano developer Input Output Hong Kong (IOHK) said in a new video update that the upgrade has been pushed back to guarantee a smooth transition.

“From where we are, it may be a few weeks before we get to the actual Vasil hard fork… It’s critical that all users are prepared to proceed through the hard fork to ensure a seamless procedure for them and, more significantly, for the Cardano blockchain’s end users.”

The Vasil hard fork, which was supposed to be deployed on June 29th, attempts to increase the Cardano blockchain’s scalability.

According to Hammond, IOHK is pursuing its standard upgrade development protocol and will maintain close communication with Cardano users regarding Vasil.

“We’ll be in close contact with the stake pool operators and other users.” Pay attention to those announcements if you’re in that group. I will provide you with strong advice and direction regarding the upgrade path, both for the testnet and the mainnet.

We’re using the same procedure we’ve done in the past for rollouts. We are highly involved with exchange and DApp (decentralized application) partners. We are in frequent contact with the Cardano Foundation and other developer partners.”

At the time of writing, Cardano is trading for R9, a 32% rise from its seven-day low of R6.76.

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Nonhlanhla P Dube

Nonhlanhla P Dube is a senior news reporter at Rateweb. Nonhlanhla is a student of International Relations at the University of South Africa. She reports primarily on personal finance and economics. You can contact her directly by email at nonhlanhla@rateweb.co.za

Published by
Nonhlanhla P Dube
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