Cardano Prepares To Launch Vasil Hard Fork, Save The Date!

Cardano prepares to launch Vasil hard fork. (Unsplash)

JAKARTA – The Cardano crypto development team (ADA), Input Output, is reportedly in the preparation phase for the launch of the Vasil upgrade which will be carried out in the near future.

As reported by U.Today, this is aimed at improving the Plutus smart contract platform. According to the latest information, the development team has successfully submitted a new node release for Vasil upgrade.

For additional information, the name Vasil itself is taken from the name of a mathematician from Bulgaria, Vasil Dabov. Vasil Cardano's upgrade is scheduled to take place on 29 June.

As of now, the Cardano developers are reportedly continuing to work on resolving a number of issues found in the late-stage testing process, covering 40 Cardano-based projects. The reason is, there are currently more than 1,000 projects built on the Cardano network.

To date, ADA is the cryptocurrency that has the sixth largest market capitalization in the ranks of other cryptocurrencies, behind BNB, USDC, USDT, ETH, and BTC.

For information, Cardano itself is the first blockchain project based on peer-reviewed academic research. The name Cardano itself is taken from the name of a mathematician during the Renaissance, namely Girolamo Cardano.

At the time of writing, the price of ADA was trading at Rp9,247 per coin. ADA prices have increased by 7.74 percent in the last 24 hours, according to data report from CoinMarketCap, Wednesday 8 June 2022.