The much-anticipated Vasil hard fork for Cardano (ADA) has been delayed for several weeks as the smart contract platform sees green price action.
In a new video update released by Cardano developer Input Output Hong Kong (IOHK), the firm’s technical manager Kevin Hammond says that the upgrade has been pushed back to ensure a smooth transition.
“From where we are, there could be a few more weeks before we go to the actual Vasil hard fork… It’s incredibly important [that] all the users have to be ready to progress through the hard fork to make sure [it’s a] smooth process both for them, and more importantly, for the end users of the Cardano blockchain.”
The Vasil hard fork, which was originally slated to be released on June 29th, aims to improve the scalability of the Cardano blockchain.
Hammond says that IOHK is following its normal protocol when it comes to developing upgrades and that the company will stay in close communication with Cardano’s users in regards to Vasil.
“We’ll be communicating very closely with the stake pool operators and other users. If you’re in that group, pay attention to those announcements. I will give you strong advice and guidance for the upgrade path, both for the testnet and the mainnet.
We’re following the process that we’ve used before with rollouts. We’re engaging very heavily with exchange and DApp (decentralized application) partners. We are communicating very closely with the Cardano Foundation and other developer partners.”
Cardano is changing hands for $0.54 at time of writing, an 32% increase from its seven-day low of $0.41.
I
Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox
Check Price Action
Follow us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Design Projects/Mingirov Yuriy
Credit: Source link
