Cardano confirms the official date for the “Vasil” upgrade…Details here
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Answer Cardano confirms the official date for the “Vasil” upgrade…Details here
After much anticipation, the Cardano Foundation has finally announced the official date and date of Vasil’s promotion.
The team confirmed the date after successfully completing comprehensive testing of all core components.
The upgrade is set to be the biggest upgrade on the Cardano network.
Network modernization will increase network capacity and reduce transaction costs.
Official date of the “Vasil” upgrade:
In addition to testing the components, the developers also confirmed the community’s readiness to announce a specific date for the start of the upgrade.
The developers mentioned earlier that node 1.35.3 will be the final version of the Cardano upgrade.
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Several trading platforms, including Binance, have announced the upgrade of the Cardano node.
Additionally, several of the best dApps confirmed testing coinciding with the release of the final node.
Research and development firm Input Output, along with the Cardano Foundation, has announced that the deadline will be September 22.
As stated in the text of the ad:
After the successful completion and thorough testing of all core components, as well as proven community readiness, today together with the Cardano Foundation, we are able to announce on September 22nd the Vasil upgrade on the Cardano mainnet.
He told the Cardano team that Vasil is by far the most significant Cardano upgrade on the network.
The upgrade is expected to increase network capacity and reduce transaction costs.
The upgrade will also bring improvements to Plutus to enable developers to build robust and efficient blockchain-based applications.”
The institution told that most of the leading trading platforms have now begun the upgrade process, indicating the readiness of the Cardano network ecosystem.
According to the current track and past experience, the institution said it was confident of achieving the 80% liquidity metric.
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Cardano (ADA) price has been on a downtrend in the past few hours.
But at the time of this writing, ADA is trading at $0.46, up 2% in the last 24 hours.
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