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The Vasil hard fork upgrade for the Cardano blockchain will now happen on its leading network (mainnet) on September 22, according to Input Output (IOG), the blockchain's development lab, which announced in a tweet thread on Friday. https://twitter.com/InputOutputHK/status/1565736902204002312
Support From Significant Crypto Exchanges
The majority of the top cryptocurrency exchanges, according to IOHK, have already begun updating their nodes to handle the most recent hard fork. The company anticipates "a flawless technical transfer, without an interruption in block production or any impact on its consumers." Additionally, the update will make it possible for programmers to use Plutus, the Cardano blockchain's smart contract platform, to create blockchain-based apps in a "more powerful and efficient way." The hard fork, which will include the first significant improvement to the Plutus script, will result in increased scalability and lower fees, according to developers. Plutus get introduced in the Alonzo upgrade in September of the preceding year.
Vasil Delay Destabilizes The Network
Vasil initially slates to launch by the end of July. Still, the fork's complicated development had to be delayed for a few months, infuriating developers like Adam Dean, who noted that the Testnet was "catastrophically" damaged. Cardano founder Charles Hoskinson refuted it live on TV. Hoskinson, renowned for vehemently defending his brainchild, asserted that Guillemot was mistaken and that the devs' tweets intend to "kick up dust for no apparent reason," adding that all issues have been resolved. Now, everything seems to point toward a Cardano prepared to be forked. In addition, 80% of the Stake Pool Operators (SPO) are getting updated, and 70% of the tracked dApps have verified that pre-production testing carries out successfully.