Cardano Developers Launch Vasil Update on Testnet

The Cardano developers have launched the Vasil upgrade on the testnet. According to the developers, this will allow necessary adjustments to be made before the upgrade is integrated into the main network. The Vasil hard fork is one of the main features of the Basho Cardano phase, the fourth in a series of five eras of network building. The previous three focus on foundation (Byron), decentralization (Shelley), and smart contracts (Goguen), with Basho's goal being scalability.

Once launched on the mainnet, the Vasil project will provide many scalability features for the Cardano blockchain. Among them are increased block generation speed, as well as better performance and script efficiency. In addition, all users will benefit from low fees. Vasil will also provide interoperability between Cardano and other blockchains.

IOG has stated that the Vasil upgrade for the Cardano mainnet will be released in the next four weeks. IOG previously scheduled the Vasil mainnet hard fork on June 29th, but the engineering team agreed to postpone the event to free up time to fix a few non-critical bugs.

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