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DeFi News

Cardano Dev Discloses Good Progress in Vasil Hard Fork

The developer team has not seen major bugs or hard-fork blockers till now.

Written By Rajpalsinh Rajpalsinh
Published August 26, 2022 1:23 PM
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Cardano Dev Discloses Good Progress in Vasil Hard Fork

Prominent blockchain developer with pseudonyms “Input Output” came forward on Twitter to reveal Cardano blockchain’s progress on the Vasil hard fork.

📢 The team at IOG, along with @CardanoStiftung and the wider @Cardano technical community continue to work together to bring the #Vasil upgrade to the #Cardano mainnet. 🙌

Here’s a rollout status as of 25th August 🧵👇

1/13

— Input Output Group (@IOGroup) August 25, 2022

In the announcement, Input Output mentioned nodes’ status as SPOs running node 1.35.3 is now generating 40% plus of mainnet block production at the current epoch. However, the developer team strives for a 75% metric. 1.35.3 is the #Vasil release candidate.

Currently, around 57% of nodes running mainnet are 1.35.3, which is indeed “good progress”.

The developer stated that there is still one tiny piece of work left before “exchanges have all they need to integrate”, which is Cardano wallet configuration and Nix docker set-up. Around 80% liquidity is the target for the Vasil hard fork.

Also Read: Cardano’s Vasil Hard fork Successfully Launches on Testnet

Binance has also supported Cardano’s new upgrade by updating their Nodes. Apart from this, many DApps developing on the Cardano blockchain are in touch with Cardano Foundation and monitoring the progress of the Vasil update. 

These DApps have been testing their platform “since the earliest days of the Vasil devnet”. Input Output disclosed that 4 out of the top 10 dapps on Cardano are actively testing against node 1.35.3 on the pre-production testnet.

The developer also revealed that there were no new bugs or hard-fork blockers found during the upgrade.

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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