CryptoSpiel.com
No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
CryptoSpiel.com
No Result
View All Result

Cardano’s Vasil Upgrade Delayed By A Month

June 22, 2022
in Crypto News
Reading Time: 2 mins read
A A
0
Cardano Weekly Recap: “Big 3” Status, Alonzo, DApp Connector, And More
0
SHARES
5
VIEWS
ShareShareShareShareShare

RELATED POSTS

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link

Cardano developers have announced that the Vasil Hard Fork upgrade has been pushed back by a month to iron out a few minor bugs. 

Seven Bugs Delay Vasil HF

Cardano’s parent company, Input Output Hong Kong (IOHK), announced the news on Monday, stating that the Vasil hard fork testnet, which was scheduled for June 29, has been pushed to the last week of July. In addition, the announcement stated that the developers wanted to fix certain software bugs and were being extra cautious about quality and security. 

The announcement was made through a blog post, in which IOHK’s head of delivery and project Nigel Hemsley updated the community that the Input Output Global (IOG) team is closing in on the project but needs extra time to iron out seven bugs. 

He wrote, 

“Today, IOG and the Cardano Foundation have agreed a new target date to hard fork the testnet at the end of June. Once completed, we will then allow four weeks for exchanges and SPOs to carry out any required integration and testing work. This is only reasonable and should not be rushed. The working assumption should therefore now be a Cardano mainnet hard fork occurring during the last week of July.”

Terra Crash Inspires More Precautions

According to CEO Charles Hoskinson, the team had decided on additional tests following the Terra LUNA crash. Therefore, the Cardano Foundation and the IOG team decided to send the Vasil hard fork to the Cardano testnet on June 29 instead of June 20. The following four weeks after the hard forking of the testnet will be dedicated to conducting integration and testing work, which will all culminate when the Vasil upgrade is finally implemented on the mainnet in late July. 

Hemsley also wrote that the final decision for the testnet hardfork will be made once the network meets its three key criteria: No critical outstanding issues on node or internal audit; acceptable benchmarking and performance-cost analysis; and finally community has been informed and given sufficient time to prepare. 

Increasing Network Throughput

The previous upgrade to the network was the Alonzo hard fork, which had enabled smart contract functionalities on Cardano. The Vasil hard fork would introduce four network improvements that would reduce transaction sizes, therefore increasing network throughput and lowering fees. 

Cardano developer, who goes by the Twitter handle @Soorajksaju2, had previously announced in a series of tweets that the Plutus Scripts, a smart contract platform on the Cardano blockchain, had been slowing down network throughput. However, he had clarified that the scheduled upgrades, CIP 32 and CIP 31 would continue working on resolving the issue. 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.


Credit: Source link

Buy JNews
ADVERTISEMENT
ShareTweetSendPinShare
Previous Post

UK Government Reverses Stance on Data Collection of Self-Custody Crypto Wallets

Next Post

Uniswap Labs acquires Genie to integrate NFTs into its products

Related Posts

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases
Crypto News

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

April 14, 2026
Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)
Crypto News

Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

April 8, 2026
Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link
Crypto News

Stabble Urges Users to Pull Liquidity After Alleged North Korean Hacker Link

April 8, 2026
Next Post
Uniswap Labs acquires Genie to integrate NFTs into its products

Uniswap Labs acquires Genie to integrate NFTs into its products

Tether Launches Stablecoin Pegged to the British Pound Sterling – Altcoins Bitcoin News

Tether Launches Stablecoin Pegged to the British Pound Sterling – Altcoins Bitcoin News

Recommended Stories

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases

April 14, 2026
SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News

SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News

April 11, 2026
Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

Argentina Reviews Phone Logs in LIBRA Case Linked to Javier Milei (Report)

April 8, 2026

Popular Stories

  • Winklevoss Twins Continue Crypto Donation Spree With Another $1,000,000 in Bitcoin (BTC)

    Trader Says DeFi Altcoin Aave Witnessing Clear Trend Switch, Updates Forecast on Two Low-Cap Coins

    0 shares
    Share 0 Tweet 0
  • Andreessen Horowitz Leads $160M Investment in Harvey at $8B Valuation

    0 shares
    Share 0 Tweet 0
  • Best Meme Coins List Featuring Dogecoin, Shiba Inu, ApeMax, and Pepe Coin

    0 shares
    Share 0 Tweet 0
  • Commodity Strategist Mike McGlone Says Cryptocurrencies May Be Facing Their First Real Recession – Markets and Prices Bitcoin News

    0 shares
    Share 0 Tweet 0
  • Bitcoin Reclaims $20K, Crypto Market Eyes $1 Trillion, Ethereum 2.0 Merge a Step Closer: This Week’s Recap

    0 shares
    Share 0 Tweet 0
CryptoSpiel.com

This is an online news portal that aims to provide the latest crypto news, blockchain, regulations and much more stuff like that around the world. Feel free to get in touch with us!

What’s New Here!

  • Ripple CEO Says CLARITY Act Talks Near Breakthrough as Senate Standoff Eases
  • SEC Opens Proceedings on NYSE Proposal to List Grayscale Crypto ETF Options – Regulation Bitcoin News
  • Anthropic Reveals Claude Code Tool Design Philosophy Behind AI Agent Development

Subscribe Now

Loading
  • Live Crypto Prices
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 - cryptospiel.com - All rights reserved!

No Result
View All Result
  • Home
  • Live Crypto Prices
  • Live ICO
  • Exchange
  • Crypto News
  • Bitcoin
  • Altcoins
  • Blockchain
  • Regulations
  • Trading
  • Scams

© 2021 - cryptospiel.com - All rights reserved!

Please enter CoinGecko Free Api Key to get this plugin works.