Cardano is a decentralised platform that will allow complex programmable transfers of value in a secure and scalable fashion. It is one of the first blockchains to be built in the highly secure Haskell programming language. Cardano is developing a smart contract platform which seeks to deliver more advanced features than any protocol previously developed. It is the first blockchain platform to evolve out of a scientific philosophy and a research-first driven approach. The development team consists of a large global collective of expert engineers and researchers.
Input Output revealed that it obtained assurance from the stakeholder operators (SPO) and Dapp communities that they would be ready for the Vasil upgrade by September 22.
- Vasil, Cardano’s update, will occur on September 22.
- Developers promise greater scalability and lower fees after fork
- On Twitter, Input Output says it’s the most significant Cardano upgrade yet
Finally, what many Cardano fans have been waiting for: it’s been made public that on September 22nd, Cardano’s is the date of the launch of the hard fork Vasil de Cardano. It is worth noting that the same occurs 3 months after the first target date and that this year has been rescheduled twice . However, the most recent tests had been successful, and the main creator, Charles Hoskinson, had ensured that there would be no further delays .
The latest update, which is the fifth update of the Blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. de Cardano, will include improvements in the programming language Plutus and promises greater scalability for lower rates.
Cardano set Sept. 22 as the date for the upgrade of its mainnet Vasil, the blockchain’s founder Charles Hoskinson announced in his YouTube vlog on Friday .
Confirmation in cryptocurrency, a confirmation is a measure of how many blocks have actually passed since a transaction was added to a blockchain. on Twitter
On Twitter, the company Input Output shared the date:
VASIL UPDATE: DATE CONFIRMED
After successful completion and thorough testing of all major components, plus confirmed community readiness, we, together with the Cardano Foundation, can announce today September 22nd for the #Vasil update on the #Cardano mainnet.
VASIL UPGRADE: DATE CONFIRMED ????
Following the successful completion & extensive testing of all core components, plus confirmed community readiness, we along with @cardanostiftung can today announce 22nd September for the #Vasil upgrade on the #Cardano mainnet. ????$ADA
— Input Output (@InputOutputHK) September 2, 2022
He adds in the tweet thread that Vasil is the most significant update so far:
“Vasil is Cardano’s most significant upgrade to date, delivering increased network a network refers to all nodes in the operation of a blockchain at any given moment in time. capacity and lower cost transactions. The upgrade will also bring enhancements to Plutus to enable developers to create more powerful and efficient Blockchain-based applications.”
In addition Input Output disclosed that it obtained the assurance of the operators of stakeholder groups (SOP) and communities Dapp decentralized application, digital application that runs on a blockchain network and does not rely on a single computer. DApps are free from the control and interference of a central authority. that they would be ready for Vasil’s update by September 22.
According to the company associated with Cardano Input Output Hong Kong (IOHK) The three necessary critical mass indicators have been achieved:
“1. 75% of mainnet an independent blockchain running its own network with its own technology and protocol. blocks created by Vasil node the most basic unit of blockchain infrastructure that stores data. final candidate (1.35.3) 2. Approximately 25 exchanges upgraded (representing 80% of ADA liquidity) 3. Top 10 DApps per TVL confirmed to have upgraded to 1.35.3 in Pre-Production and are ready for mainnet.”
Likewise, IOHK wrote that, of the top 12 exchanges , MEXC y Bitrue are “ready”. for the update, while Binance is “cases allí ” yUpbit, Coinbase, WhiteBit, BKEX y HitBTCare “in progress”.
Developers promised greater scalability and lower rates for the hard fork, which will incorporate the first major update to the script a computer script is a list of commands that are executed by a certain program or scripting language. Plutus, the programming language used for smart contracts in the blockchain of Cardano. Plutus was introduced in the previous update, called Alonzo, which took place in September last year.
“If we’ve all done our jobs well, we’ll wake up on Sept. 22 and it will be just another day.” Hoskinson said in his vlog of YouTube. Later he added:
“We started and we knew that, over time, we could get to what Ethereum a decentralized open-source blockchain with smart contracts functionality. has done, but we understood a roadmap a roadmap is a high-level visual summary that helps map out the vision as well as the direction of a specific product. to get there. […] There’s a lot on the horizon, especially in 2023.”
The fork is named after Vasil Dabov, a Bulgarian member of the community of Cardano who died in 2021.
The firm continued that “ the update will also bring enhancements to Plutus to enable developers to create more powerful and efficient Blockchain-based applications”.
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