The highly anticipated debut of the Cardano (ADA) Vasil hardfork was postponed on June 20, with senior Cardano developer Input Output publicly declaring that the launch had been pushed back to the end of July.
In response, Cardano founder Charles Hoskinson turned to his YouTube channel on June 20 to offer his opinions on the delay. According to Hoskinson, the Vasil hardfork is “code complete” and “practically ready for launch.”
“What code complete effectively means is you probably could flip the switch and get away with it, and certain projects would do that, but what happened after the collapse of Terra (LUNA) is that I gave a directive to a lot of the engineers to say we should probably measure three times and cut once given the nature of things.”
Second, post-consensus, Hoskinson indicated that Cardano had a lot of discussions with DApp developers and others, and there was a desire to be more active in the QA and testing procedures. Many of them stated that it took several weeks of testing to explore with these items.
According to the Cardano founder, the Vasil upgrade is intended for DApp developers rather than the “average Cardano user.”
“We’re doing network enhancements, consensus enhancements with pipelining we’re upgrading significant changes to the Plutus language which is the first time we’ve ever done that with live DApps in circulation. There’s a lot of stuff here with this hardfork. It’s the largest and most significant I think we’ve ever done and it’s one where the stakes have never really been higher in that respect.”
Cardano hardfork price increase
According to the amended schedule, Input Output intends to hardfork the testnet towards the end of June.
Following that, cryptocurrency exchanges and stake pool operators will have around one month to test the newly improved software. Before the hardfork can be implemented on the mainnet, around 80% of trading platforms must meet the conditions.
There is no such thing as an “absolute” timeline, according to Input Output. Furthermore, the hardfork, named after Bulgarian mathematician Vasil Dabov, has been the most difficult development program to date, according to Nigel Hemsley, head of delivery and products.
This is expected to dramatically improve the network’s scalability, ultimately leading to more adoption.
Cardano’s price has not been affected in any way by the delay. According to CoinMarketCap data, the value of the cryptocurrency has climbed by over 5% in the previous day.