Cardano Delays Vasil Hardfork by “a Few More Weeks”

Cardano Delays Vasil Hardfork by “a Few More Weeks”

key takeaways

Cardano’s technical manager Kevin Hammon said there could be “weeks” before the network launches the Vasil upgrade. Vasil is Cardano’s most complex upgrade to date, designed to improve the scalability of the network. It was originally scheduled to launch on June 29, but was delayed twice to allow for more testing time.

share this article

Cardano’s core technical project manager, Javier Franco, has said that the team’s priority is to make sure things are “getting done right,” even if it takes more time to launch the Vasil hard fork.

Cardano delays Vasil hard fork again

After failing to launch last month, Cardano’s Vasil hard fork has been delayed again.

Kevin Hammon, technical manager at Cardano developer Input Output Global, Thursday’s interview The long-awaited upgrade to Vasil will be delayed to complete testing and ensure a “smooth run.” He added that it could be “a few weeks” before the update is ready to go live.


The Vasil hard fork is Cardano’s “most important update to date,” according to Javier Franco, Core Technology Program Manager at Input Output. “There are a lot of moving parts, a lot of dependencies,” he said, explaining that the team’s priority was to make sure “things were done right,” even if it took more time to initiate the upgrade.

The hard fork was scheduled to go live on June 29, but as the deadline looms, the in-out move The goal for the last week of July is to “set aside more time for testing.”

This upgrade is expected to significantly increase Cardano’s ability to scale. Input Output has previously stated that this is the most complex work Cardano has ever done. In addition to the technical complexity of the code itself, upgrades require significant coordination among ecosystem stakeholders to ensure a smooth transition.

Cardano is the eighth-largest cryptocurrency in the world with a market cap of around $17.5 billion. However, despite being one of the oldest and best-known Layer 1 smart contract networks in the crypto industry, it has failed to build a vibrant DeFi ecosystem like many of its direct competitors. According to Defi Llama, the total value locked is around $136.65 million. Ethereum, the largest smart contract network, holds nearly $57.44 billion, while Solana holds $2.69 billion.

Cardano’s native token, ADA, was largely unaffected by news of Vasil’s extension. It is currently trading at $0.52, up 5.7% on the day, according to CoinGecko.

Disclosure: At the time of writing, the author of this article owns ETH and several other cryptocurrencies.

share this article

The information on or accessed through this website has been obtained from independent sources that we believe to be accurate and reliable, but Decentral Media, Inc. makes no representations about the timeliness, completeness or accuracy of any information on or accessed through this website. Representations or warranties. Decentral Media, Inc. is not an investment advisor. We do not provide personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may be out of date, or may be incomplete or inaccurate. We may, but are not obligated to update any outdated, incomplete or inaccurate information.

You should not make investment decisions regarding ICOs, IEOs or other investments based on the information on this website, nor should you interpret or otherwise rely on any information on this website as investment advice. If you are seeking investment advice regarding an ICO, IEO or other investment, we strongly recommend that you consult a licensed investment advisor or other qualified financial professional. We do not accept compensation of any kind for analyzing or reporting on any ICO, IEO, cryptocurrencies, currencies, tokenized sales, securities or commodities.

View full terms and conditions.


Be the first to comment

Leave a Reply

Your email address will not be published.