SNEAK PEEK
- A week after Ethereum merge, Cardano’s Vasil hard fork update will occur on September 22.
- The new update will bring increased network capacity and lower the cost of transactions.
- Vasil hard fork intends to scale and expand to enhance the developer experience.
Today it was revealed by the developers of the Input Output and the Cardano Foundation that just after the very crucial Ethereum merge anticipated around September 15, the Cardano’s Vasil hard fork update will occur on September 22.
On Friday, Input Output, the developer of Cardano, tweeted that this update is the most remarkable update to date, bringing increased network capacity and lower-cost transactions.
A hard fork occurs when members of a blockchain network choose to separate the chain. This can happen for a number of reasons, leading to two different versions of the same network or protocol.
Hard forks can be controversial updates, such as the scheduled ETHPOW hard fork after the Ethereum merging, or they can take place as part of a planned upgrade, like the beacon chain hard fork that will take place on September 6 ahead of the merge.
Cardano’s Vasil hard fork lays emphasis on scaling up and growing the Ethereum contender, but it also aims to enhance the developer environment for Web3 engineers developing decentralized applications on Cardano.
Plutus, Cardano’s smart contract development platform, will also get improvement from the upgrade. It will allow developers to design more dominant and efficient blockchain-based applications.
Charles Hoskinson, the Founder of Cardano, said that there is nothing so amazing about the date. It just coincides with Bulgaria’s independence day.
Cardano’s Vasil hard fork is named after Vasil St. Dabov, a late member of Cardano’s Bulgarian community who served as the Chief Blockchain Advisor at software R&D company Quanterall before passing away in December 2021.
He also added about the heavy workload that is required for the Vasil upgrade as most of the collaborators was overloaded. This is undoubtedly the hardest update ever been in the ecosystem.
