{"id":51773,"date":"2022-08-26T15:13:05","date_gmt":"2022-08-26T13:13:05","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=51773"},"modified":"2022-08-26T15:13:05","modified_gmt":"2022-08-26T13:13:05","slug":"is-cardanos-vasil-update-near","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/is-cardanos-vasil-update-near\/","title":{"rendered":"Is Cardano&#8217;s Vasil Update Near?"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><strong>Cardano<\/strong> is one of the most prominent blockchain networks in the crypto industry. The <strong>hard fork Vasil upgrade<\/strong> is an anticipated development in the Cardano network. However, the mainnet update has been <strong><a href=\"https:\/\/crypto-economy.com\/charles-hoskinson-talks-about-the-vasil-hard-fork-and-says-there-will-be-no-more-delays\/\" target=\"_blank\" rel=\"noopener\">delayed<\/a> several times<\/strong>. The <strong>parent of Cardano, Input Output<\/strong> has given an update on the Vasil Update. It says that the upgrade is <strong>almost here<\/strong>.<\/span><\/p>\n<p><!--more--><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">As per the<\/span><strong> rollout status<\/strong><span style=\"font-weight: 400\"><strong> of August 25, Node 1.35.3 and DB-Sync 13.0.4<\/strong> has been successfully released. In other node and downstream component integration, <strong>WBE and Rosetta were released<\/strong>. Around <strong>40% of stake pool operators<\/strong> are operating the <strong>version 1.35.3 node<\/strong>. It is an indication that the upgrade is more than halfway through, as the <strong>hard fork threshold is 75%<\/strong>.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udce2 The team at IOG, along with <a href=\"https:\/\/twitter.com\/CardanoStiftung?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@CardanoStiftung<\/a>  and the wider <a href=\"https:\/\/twitter.com\/Cardano?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">@Cardano<\/a> technical community continue to work together to bring the <a href=\"https:\/\/twitter.com\/hashtag\/Vasil?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#Vasil<\/a> upgrade to the <a href=\"https:\/\/twitter.com\/hashtag\/Cardano?src=hash&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">#Cardano<\/a> mainnet. \ud83d\ude4c<\/p>\n<p>Here\u2019s a rollout status as of 25th August \ud83e\uddf5\ud83d\udc47<\/p>\n<p>1\/13<\/p>\n<p>&mdash; Input Output (@InputOutputHK) <a href=\"https:\/\/twitter.com\/InputOutputHK\/status\/1562865831708528645?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">August 25, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2 style=\"text-align: justify\"><span style=\"font-weight: 400\">Vasil Update Is Just Around the Corner!<\/span><\/h2>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">The latest network update suggests that there are <strong>no serious bugs or hard fork blockers<\/strong>. However, minor bugs in <strong>Sev4 or Sev5<\/strong> are still in the backlog. The developers are working to fix these issues and make the upgrade <strong>smoother<\/strong>. Furthermore, developers are also working on the <strong>integration process for exchanges<\/strong>. But they will have to update the <strong>Cardano wallet configuration and set up Nix docker<\/strong> to make this integration possible.<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-51778\" src=\"https:\/\/crypto-economy.com\/wp-content\/uploads\/2022\/12\/Charles-Hoskinson-nao-preve-mais-atrasos-no-hard-fork-Vasil-de-Cardano-1.jpg\" alt=\"vasil update cardano\" width=\"699\" height=\"350\" \/><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Exchanges are incredibly <strong>important<\/strong> to the Cardano ecosystem. Therefore, their integration is important. <a href=\"https:\/\/iohk.io\/\" target=\"_blank\" rel=\"noopener\">IOHK<\/a> says that they <strong>cannot proceed<\/strong> with the Vasil upgrade until it onboard platforms. Also, these platforms hold <strong>80% of the liquidity<\/strong>. <strong>Binance<\/strong> is also upgrading its Cardano nodes. As per details, <strong>four of the top 10 decentralized applications<\/strong> have successfully tested the <strong>new node version<\/strong>.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">In addition to this, IOHK has also announced the launch of <strong>Yolo Net<\/strong>. Through this, SPOs can <strong>test out<\/strong> the Vasil upgrade. All of these tests reassured me that there are <strong>no major problems left<\/strong>. The network also <strong>cleared out a configuration issue<\/strong> this week. Thus, the <strong>chain density<\/strong> is also at 100%.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Cardano is also creating an updated web page to provide data on the<strong> key info and metrics in one place<\/strong>. This will reassure users that the <a href=\"https:\/\/crypto-economy.com\/everything-you-need-to-know-about-cardanos-vasil-update\/\" target=\"_blank\" rel=\"noopener\">Vasil update<\/a> is <strong>near<\/strong>. They will also be able to review the developments closely. Previously, the Vasil update faced several issues which led to a <strong>constant delay in its release<\/strong>. The community of Cardano <strong>called out<\/strong> the platform for these delays.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Nonetheless, the developers of Cardano are consistently trying to make the ecosystem more <strong>effective<\/strong>. Earlier this week, <strong>version 0.7.0 of the Hydra Layer 2 scaling solution<\/strong> was also launched. All of these developments are meant to improve the <strong>experience of users and make Cardano more secure<\/strong>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cardano is one of the most prominent blockchain networks in the crypto industry. The hard fork Vasil upgrade is an anticipated development in the Cardano network. However, the mainnet update has been delayed several times. The parent of Cardano, Input Output has given an update on the Vasil Update. It says that the upgrade is &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Is Cardano&#8217;s Vasil Update Near?\" class=\"read-more button\" href=\"https:\/\/crypto-economy.com\/is-cardanos-vasil-update-near\/#more-51773\" aria-label=\"More on Is Cardano&#8217;s Vasil Update Near?\">Read more<\/a><\/p>\n","protected":false},"author":22,"featured_media":51774,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[105,70,74],"tags":[5022,4632,4656,5001],"_links":{"self":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/51773"}],"collection":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/comments?post=51773"}],"version-history":[{"count":0,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/posts\/51773\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media\/51774"}],"wp:attachment":[{"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/media?parent=51773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/categories?post=51773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crypto-economy.com\/wp-json\/wp\/v2\/tags?post=51773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}