Cardano News: Vasil Hard Fork for ADA Postponed for a Few More Weeks

2022/08/02By:

The highly anticipated Vasil hard fork for Cardano (ADA) has been delayed for a few more weeks as the smart contract platform sees a green price trend.

 

In a new video update released by Cardano developer Input Output Hong Kong (IOHK), the company’s technical manager Kevin Hammond said the upgrade has been delayed to ensure a smooth transition.

 

“From where we are, there could be a few more weeks before we go to the actual Vasil hard fork… It’s incredibly important [that] all the users have to be ready to progress through the hard fork to make sure [it’s a] smooth process both for them, and more importantly, for the end users of the Cardano blockchain.”

 

The Vasil hard fork, which was originally scheduled for release on June 29, is designed to improve the scalability of the Cardano blockchain.

 

Hammond said IOHK followed its normal protocols in developing the upgrade, and that the company will maintain close communication with Cardano’s users regarding Vasil.

 

“We’ll be communicating very closely with the stake pool operators and other users. If you’re in that group, pay attention to those announcements. I will give you strong advice and guidance for the upgrade path, both for the testnet and the mainnet.

 

We’re following the process that we’ve used before with rollouts. We’re engaging very heavily with exchange and DApp (decentralized application) partners. We are communicating very closely with the Cardano Foundation and other developer partners.”

 

At time of writing, Cardano is changing hands for $0.54 , up 32% from its 7-day low of $0.41.

 

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