Cardano (ADA) Price Remains Low Despite Buzz Around Vasil Hard Fork
Talk around the Cardano (ADA) Vasil hard fork has been circulating in the crypto space for the last month. The hard fork which was supposed to go live back in June had been rescheduled to July due to security issues but that has in no way reduced the enthusiasm around the hard fork. The new date was set for the end of July and as the day draws closer, the community has been buzzing with excitement. However, this has failed to translate to its price. The Cardano Vasil Hard Fork The growth of the Cardano network has made it a necessity for it to be upgraded and IOG, the developer behind....
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With each passing day, Cardano inches closer to one of its most important upgrades yet, the Vasil Hard Fork. IOG, the developer behind the Cardano network, had outlined three important milestones that the network needed to reach for the hard fork to be triggered. With the first of the three metrics already met at this time, the upgrade is closer than it has ever been, as confirmed by the developer. Nearing Cardano Hard Fork When the developer had previously confirmed that there were no longer any bugs in the Vasil hard fork, it had moved towards fulfilling the requirements for the upgrade....
Cardano has been looking towards its most recent hard fork titled the Vasil Hard Fork. This will improve not only the network efficiency but is said to make the network more developer-friendly as a whole. The countdown to the hard fork has been a source of hope for many. Given that the price of Cardano’s native cryptocurrency ADA has been struggling so hard, the hope is that the launch of the hard fork will give it a nudge towards recovery. Why Is Vasil Hard Fork Important? For a network like Cardano which is seeing rapid growth, it becomes imperative for the network to run even better....
The Cardano Vasil hard fork had been expected for months, and finally, it is a reality. The hard fork had proceeded according to schedule, and by Thursday, September 22nd, the hard fork was live on the network. It was received amid much fanfare from the community, but the network’s native token, ADA, had not reacted as well. Cardano Vasil Hard Fork Completed The Cardano Vasil hard fork was targeted toward making the network more efficient than it is already. In turn, this would make it a better platform for developers to build upon. It is the most important upgrade that has been carried....
While The Merge is expected to take place in just over ten days’ time, Cardano’s hard fork called Vasil now has a scheduled date. The highly anticipated Cardano fork will take place on September 22, or roughly nine days after Ethereum transitions from proof-of-work (PoW) to proof-of-stake (PoS). Cardano Devs to Launch Vasil on Mainnet in 19 Days Cardano’s development team disclosed a hardened date for the upcoming Cardano (ADA) hard fork called Vasil, following Input-Output Global (IOG) founder Charles Hoskinson explaining it would happen in September during a live....
Cardano has been slowly moving towards the Vasil hard fork for a couple of months now. The upgrade has, however, gone the way of the Ethereum Merge as it has now been postponed twice. Founder Charles Hoskinson attributes the delays to bugs found in the code and the team taking time out to make sure […]