Cardano founder Charles Hoskinson said the Vasil Hard Fork is progressing on schedule and the Testnet will launch by the end of May.
“Vasil Hard Fork is progressing according to plan”
Cardano’s inventor, Charles Hoskinson, stated that Vasil Hard Fork is progressing on schedule. Cardano and smart contract platform Plutus will undergo significant improvements in the Vasil Hard Fork scheduled for June 29. To that end, Charles Hoskinson hints, IOHK, that the Testnet could launch at the end of May.
Cardano Mid-Month update https://t.co/MjEjTM5WRl Vasil on schedule
— Charles Hoskinson (@IOHK_Charles) May 14, 2022
Hoskinson is a big fan of the upcoming Vasil Hard Fork upgrade on Cardano. expressed positive expectations that it could provide performance improvement and smart contract capabilities.
https://twitter.com/InputOutputHK/status/125152651117215744
As shared by IOHK, the upcoming Vasil update will offer four different CIPs: CIP -31 (Reference Inputs), CIP-32 (Inline Data), CIP-33 (Reference Scripts), and CIP-40 (Margin Outputs).
Cardano shares weekly development updates
In its weekly development update, IOHK states that all hands are ready to prepare for the Vasil Hard Fork event in June. He states that progress has been made in pipeline testing and logging improvements.
Work has also begun on the UTXO HD integration, which focuses on testing and problem-solving workflows. Cardano said it has relocated eight IOG nodes to the P2P testnet and added 51 pre-registered SPOs to evaluate testnet performance and share feedback. As we reported at
Kriptokoin.com , Cardano throughout the week improved the display of anonymous native tokens and added support for the Windows development environment, as well as fixing a mapping issue for Ledger Nano S on Windows. Daedalus wallet announced a new version of Daedalus 4.10.0. In the same week, the Hydra team deployed version 0.5.0.
IOHK also shared statistics on network growth in a chart provided. Currently, the number of projects built on Cardano has increased from 925 previously to 937. Eighty-four projects have been launched in Cardano recently, with the number of NFT projects reaching 5,549. During the week, Github tied for a total of 2,609, while Cardano native tokens soared to 4.7 million. At the time of writing, Cardano’s native token ADA was trading at $0.5187, down 5.98% in the past 24 hours, according to data from
CoinMarketCap. While ADA has lost 33% in the last week, it is 83.25% off the $3.10 ATH level.
