Cardano Inventor Announces Critical Date For ADA!

Cardano founder Charles Hoskinson said the Vasil Hard Fork update is progressing on schedule and has not been disrupted.
 Cardano Inventor Announces Critical Date For ADA!
READING NOW Cardano Inventor Announces Critical Date For ADA!

Cardano founder Charles Hoskinson said the Vasil Hard Fork is progressing on schedule and the Testnet will launch by the end of May.

“Vasil Hard Fork is progressing according to plan”

Cardano inventor Charles Hoskinson stated that Vasil Hard Fork is progressing on schedule. Cardano and smart contract platform Plutus will undergo significant improvements in the Vasil Hard Fork scheduled for June 29. To that end, Charles Hoskinson hints that the Testnet could launch at the end of May, IOHK.

https://twitter.com/IOHK_Charles/status/1525348813065658370

Hoskinson is a big fan of the upcoming Vasil Hard Fork upgrade on Cardano. expressed positive expectations that it could provide performance improvement and smart contract capabilities.

https://twitter.com/InputOutputHK/status/125152651117215744

As shared by IOHK, the upcoming Vasil update will offer four different CIPs: CIP -31 (Reference Inputs), CIP-32 (Inline Data), CIP-33 (Reference Scripts), and CIP-40 (Margin Outputs).

Cardano shares weekly development updates

In its weekly development update, IOHK states that all hands are ready to prepare for the Vasil Hard Fork event in June. He states that progress has been made in pipeline testing and logging improvements.

Work has also begun on the UTXO HD integration, which focuses on testing and problem-solving workflows. Cardano said it has relocated eight IOG nodes to the P2P testnet and added 51 pre-registered SPOs to evaluate testnet performance and share feedback.

As we reported on Kriptokoin.com, during the week Cardano announced the Daedalus wallet Daedalus 4.10.0, which improves the display of anonymous native tokens and adds support for the Windows development environment, and also fixes a pairing issue for Ledger Nano S on Windows. Announced a new version of . In the same week, the Hydra team deployed version 0.5.0.

IOHK also shared statistics on network growth in a chart provided. Currently, the number of projects built on Cardano has increased from 925 previously to 937. Eighty-four projects have been launched in Cardano recently, with the number of NFT projects reaching 5,549. During the week, Github tied for a total of 2,609, while Cardano native tokens soared to 4.7 million. At the time of writing, Cardano’s native token ADA was trading at $0.5187, down 5.98% in the past 24 hours, according to data from

CoinMarketCap. While ADA has lost 33% in the last week, it is 83.25% off the $3.10 ATH level.

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