Cardanos Vasil hardfork has been postponed yet again after having failed to launch last month. ADAs price has remained more or less the same despite the announcement.
Kevin Hammon, technical manager at Cardano developer Input Output Global, stated that the long-awaited Vasil upgrade would be delayed to allow for adequate testing and to ensure a smooth transition. He also mentioned that it could be a few weeks before the update is ready to go live.
The Vasil hardfork, according to Input Outputs core technology program manager Javier Franco, is Cardanos most important upgrade to date. There are many moving parts and dependencies, he explained, adding that the teams priority is to make sure that everything is done correctly even if it takes longer to launch the update.
Cardanos scaling capabilities will be significantly enhanced as a result of the upgrade. In the past, Input Output claimed that it is the most difficult project Cardano has undertaken ever since its inception. Aside from the codes technical complexity, the update necessitates extensive coordination among ecosystem stakeholders in order to ensure Vasils success.
Cardanos Vasil Hardfork Postponed
Subscribe to the CryptoWeekly Newsletter
Get the top stories, funding deals, technical analysis, cryptocurrency jobs and much more delivered to your inbox, every Monday morning.
September 16,2024
Worldcoin Being Investigated By Singaporean Authorities For Potentially Violating Regulations
September 16,2024
Flappy Bird May Be Revived In Web3 Format Despite Original Creator Not Being Involved
September 16,2024
Web3 Fundraising Deals - 10th To 16th September, 2024
September 15,2024
BTC Finally Starts To Recover As Total Crypto Market Cap Up By $70 Billion
September 14,2024
Coinbase Wrapped BTC Reaches Impressive Milestone In Just 24 Hours
September 13,2024
United States SEC Admits Several Cryptocurrencies Are Not Securities
September 13,2024
OpenAI Releases New AI Model Series To Support Smart Contract And Blockchain Capabilities
September 12,2024
Inaugural Congressional Hearing About DeFi Takes Place
September 12,2024
Cardano Hits New Network Milestones As Hoskinson Debunks Faulty Staking Claims
September 11,2024
Nucoin Will Be Discontinued As Holders Given Option To Convert To BTC Or USDC
September 11,2024
PayPal And Venmo Will Integrate Ethereum Name Service For Crypto Transfers
September 10,2024