As June’s Hardfork Combinator (HFC) Event approaches, Cardano has reached an important milestone. Cardano architecture director John Woods introduces the new features of the upgrade. Here’s the Vasil hard fork and what you need to know…
Vasil Hardfork, released in June
As part of IOG’s latest Youtube post, Woods says all the codes for the June update are now available on Blockchain’s GitHub page :
We finished the code. This means that we have coded all the changes necessary for the new features.
Reaching this milestone, however, is only a small part of the whole process. Over the next few months, developers will run extensive quality assurance (QA) tests to make sure everything is OK. Integration testing will continue until we are sure that all code is bug-free, free from regressions or performance slowdowns. Woods predicts that the HFC event will take place on June 29 based on current forecasts.
What will Vasil Hardfork add to the Cardano network?
With this update, the Cardano network officially enters the next phase of its development. About these features, Cardano founder Charles Hoskinson, in a recent YouTube post; He says block diffusion will be increased and pipelining will be introduced, which will allow the blockchain to grow to the point where input validators can be added to the network.
In details, the inclusion of CIP 31, 32 and 33 upgrades, as well as reference scripts, inline data and reference entries, among other new features. Altcoin projects of the Cardano ecosystem will benefit greatly from this release, which includes new functionality as well as bug fixes. Exchanges and partners are also preparing to make it easier as the update approaches.
As a result, the Cardano ecosystem is expanding rapidly. As we quoted as Kriptokoin.com, IOG’s Project Catalyst project was launched across Africa this month. Ariob is a launchpad that provides money for African start-ups. However, despite the upcoming rally, the ADA price has been quiet for a while. The price of ADA rose slightly today, reaching just below the $1 level. It has lost more than 7% in value since last week. Despite everything, it is worth noting that the week that started with March 21 was closed with 30% gain.
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