{"id":21890,"date":"2022-07-05T01:40:56","date_gmt":"2022-07-05T01:40:56","guid":{"rendered":"http:\/\/egrowonline.com\/?p=21890"},"modified":"2022-07-05T01:40:56","modified_gmt":"2022-07-05T01:40:56","slug":"cardanos-vasil-upgrade-goes-live-on-testnet","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=21890","title":{"rendered":"Cardano&#8217;s Vasil upgrade goes live on testnet"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"\">\n<p>Cardano (<a target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/cardano\/\" rel=\"noopener\">ADA<\/a>) finally <a target=\"_blank\" href=\"https:\/\/cryptoslate.com\/cardano-commences-the-long-awaited-vasil-hard-fork\/\" rel=\"noopener\">deployed<\/a> the Vasil upgrade on its testnet on June 3, Input Output Hong Kong (<a target=\"_blank\" href=\"https:\/\/cryptoslate.com\/companies\/input-output-iohk\/\" rel=\"noopener\">IOHK<\/a>)\u00a0<span class=\"s4\">announced.<\/span><\/p>\n<p>The upgrade sets the stage for features that will improve the blockchain\u2019s performance and interoperability.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The <a target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Vasil?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"noopener\">#Vasil<\/a> upgrade \u2013 deployed yesterday on the Cardano Testnet- will implement a host of widely anticipated features to increase network performance and interoperability, while bringing powerful additional smart contract capabilities to <a target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Cardano?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"noopener\">#Cardano<\/a> <a target=\"_blank\" href=\"https:\/\/t.co\/7JSwLOkpWT\" rel=\"noopener\">https:\/\/t.co\/7JSwLOkpWT<\/a><\/p>\n<p>\u2014 Input Output (@InputOutputHK) <a target=\"_blank\" href=\"https:\/\/twitter.com\/InputOutputHK\/status\/1543881366529605634?ref_src=twsrc%5Etfw\" rel=\"noopener\">July 4, 2022<\/a><\/p>\n<\/blockquote>\n<p>According to a <a target=\"_blank\" href=\"https:\/\/iohk.io\/en\/blog\/posts\/2022\/07\/04\/cardano-s-approaching-vasil-upgrade-what-to-expect\/\" rel=\"noopener\"><span class=\"s4\">blog post <\/span><\/a>titled \u201cCardano\u2019s approaching Vasil upgrade: what to expect,\u201d IOHK explained all the features and improvements that will come with the hard fork.<\/p>\n<p>The upgrade will significantly enhance Cardano\u2019s performance and capability in line with the improvements on the network.<\/p>\n<p>Vasil is described as,<\/p>\n<blockquote>\n<p>The most significant network upgrade since the deployment of staking via Shelley.<\/p>\n<\/blockquote>\n<h2>Vasil upgrade to improve Plutus<\/h2>\n<p>The network has focused on improving Plutus since the Alonzo hard fork. The new upgrade will make it easier for developers to build more powerful decentralized applications on Cardano.<\/p>\n<p>Additionally, it will adjust and optimize the script validation process to ensure higher transaction processing rates and improve block propagation consistency.<\/p>\n<p>The upgrade will be done using Cardano\u2019s hard-fork combinator (HFC) to minimize any disruption to the network.<\/p>\n<p>Asides from improving smart contract features for the network, the upgrade is part of the Basho phase in the Cardano roadmap \u2013 a phase that focuses on scaling and optimizing the ledger.<\/p>\n<h2>When will Vasil deploy on the mainnet?<\/h2>\n<p>Per the blog post, the testnet hard fork will last four weeks to allow developers, exchanges, and stake pool operators (SPOs), to test the upgrade before it is deployed on the mainnet.<\/p>\n<blockquote>\n<p>Projects will need to check backward compatibility, and SPOs will need to make some scripting adjustments.<\/p>\n<\/blockquote>\n<p>The readiness of the developers and SPOs will determine when the mainnet hard fork will happen.<\/p>\n<p>Going by this, the mainnet update could happen by next month.<\/p>\n<p>Meanwhile, ADA is trading for $0.4657, according to <em>CryptoSlate<\/em> data.<\/p>\n<div class=\"posted-in\">Posted In: <a target=\"_blank\" href=\"https:\/\/cryptoslate.com\/news\/cardano\/\" rel=\"tag noopener\">Cardano<\/a>, <a target=\"_blank\" href=\"https:\/\/cryptoslate.com\/technology\/\" rel=\"category tag noopener\">Technology<\/a><\/div>\n<div class=\"edge-cta hidden\">\n<h2>Get an <span>Edge<\/span> on the Crypto Market &#x1f447;<\/h2>\n<p>Become a member of CryptoSlate Edge and access our exclusive Discord community, more exclusive content and analysis.<\/p>\n<div class=\"cols\">\n<p> <span class=\"img chart\" \/> <strong>On-chain analysis<\/strong><\/p>\n<p> <span class=\"img price\" \/> <strong>Price snapshots<\/strong><\/p>\n<p> <span class=\"img context\" \/> <strong>More context<\/strong><\/p>\n<\/div>\n<p> <a target=\"_blank\" href=\"https:\/\/cryptoslate.memberful.com\/checkout?plan=43765\" class=\"btn join\" rel=\"noopener\">Join now for $19\/month<\/a> <a target=\"_blank\" href=\"https:\/\/cryptoslate.com\/edge\/\" class=\"btn\" rel=\"noopener\">Explore all benefits<\/a><\/div>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cryptoslate.com\/cardanos-vasil-upgrade-goes-live-on-testnet\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano (ADA) finally deployed the Vasil upgrade on its testnet on June 3, Input Output Hong Kong (IOHK)\u00a0announced. The upgrade sets the stage for features that will improve the blockchain\u2019s performance and interoperability. The #Vasil upgrade \u2013 deployed yesterday on the Cardano Testnet- will implement a host of widely anticipated features to increase network performance [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21891,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[44],"tags":[1264,780,1976,503,7390],"class_list":["post-21890","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ada","tag-cardanos","tag-live","tag-testnet","tag-upgrade","tag-vasil"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/07\/image_2022-07-04_214100518.png","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/21890","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=21890"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/21890\/revisions"}],"predecessor-version":[{"id":21892,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/21890\/revisions\/21892"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/21891"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=21890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=21890"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=21890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}