Cardano: Here’s What’s New With Ongoing Vasil Hard Fork

Cardano

Work continues to progress on Vasil hard fork

according to weekly development report Work continues on the Vasil hard fork, prepared by Cardano’s IOG. IOG reports the work done by the Cardano teams on node improvements and the subsequent release of a new node v.1.35.3-rc1 to support Vassil testing on DevNet.

Additionally, it states that a new dedicated preproduction environment has been spun up for the final stages of Vasil functionality testing. This new environment would provide improved chain density and a better developer experience and hence urged developers, SPOs and exchanges to use this environment rather than the main Cardano testnet.

On July 3, the IOG team hard forked the Cardano testnet to include Vasil’s functionality. After the testnet hard fork was announced, development continued with Initial Node v.1.35.0. After the bug was discovered the IOG teams started working on nodes v.1.35.1 and v.1.35.2.

As reported by U.Today, Cardano founder Charles Hoskinson, while making brief comments on Vasil, mentions the new node v.1.35.3 as the likely candidate for the hard fork. Hoskinson added that he “doesn’t anticipate any further delays unless anything new was uncovered.”

Development of Plutus contracts also continued ahead of the Vassil mainnet launch, with three specific improvements to the Plutus v1 script expected to be included: Plutus evaluator speed improvements, updated cost model parameters, and datums and redeemers of other inputs.

The Plutus team updated the Plutus tools to the node v.1.35.3-rc1 and the Plutus contract emulator to allow Babbage transactions over the week, according to IOG.

Cardano’s core assets reach 5.7 million

The IOG released the latest figures on the Cardano network in its weekly development report. Currently, there are 1,048 projects under construction on Cardano, while 93 projects have been launched on Cardano recently. Cardano’s native token stands at 5.7 million, while Plutus Scribe now stands at 3,024. The number of Github commits was also 2,683.

During the week, the monthly summary of on-chain statistics for July was released by the Cardano Foundation. The number of on-chain transactions increased to 47 million, while the number of Cardano wallets officially hit the 3.5 million mark. ADA was changing hands at $0.51, up 1.21% in the last 24 hours, per CoinMarketCap data.

admin

Read Previous

Here’s Who Sold Enormous Volumes of Bitcoin in Recent Months per Glassnode Data

Read Next

Will it or will it not? How well can Bitcoin [BTC] resist the selling pressure

Leave a Reply

Your email address will not be published. Required fields are marked *

Right Menu Icon