Cardano Vasil Hard Fork: Blockchain Control And Improvement

Increased Cardano Vasil Hard Fork. (Photo; Doc.Unsplash)

JAKARTA Cardano will get a Hard Fork Vasil upgrade on September 22. Currently Cardano (ADA) ranks 8th as the largest cryptocurrency by market cap of 16 billion US dollars, slightly below XRP.

For information, hard fork is a new upgrade on the network to make transactions and blocks valid. Like blockchain in general, global IOHK developers are also active in providing improvements in the Cardano blockchain. In the near future Cardano is getting Vasil upgrades. So what are Vasil's hard forks and what are the improvements given by Global IOHK?

Hard Fork understanding Vasil Cardano

Cardano Vasil hard fork is a major improvement to the Cardano network which will have a positive impact on stability and connectivity in the network. This upgrade will include Cardano Improvement Proposal (CIP) which includes CIP31, CIP32, CIP33, and CIP34.

Commenting on Vasil's improvement, Cardano founder Charles Hoskinson positively welcomed the upgrade that will be implemented in the near future. With Vasil's hard fork, it is hoped that it will improve performance for Cardano and the Plutus smart contract platform.

Changes After Vasil Cardano Improvement

Not a few are wondering what changes Vasil will bring to Cardano. As mentioned above, Cardano founders explained the upgrade would bring a number of important upgrades in terms of scalability to the network.

Launching Zipmex, this improvement includes pipelining tests, increased logging, release of four CIPs: CIP-31 (Input Refinery), CIP-32 (Inline Datum), CIP-33 (CIP-40 ( Output Colllateral), integration of UTXO HD, and Hydra. These features will increase the reach of decentralized finance (DeFi), decentralized exchanges (DEX), and smart contracts.

Not only that, based on the Cardano Improvement Proposal (CIP) 31, it is possible that decentralized applications (DApp) can access transactional outputs without having to create them again as before. Furthermore, CIP 32 will allow users or developers to store data on-chain which will direct Cardano towards true decentralized architecture.