BREAKING: Cardano Builder Confirms Date of Vasil Upgrade

Cardano builder Input Output has confirmed that the much-anticipated Vasil upgrade is going to take place on Sept. 22. 

The company was able to officially announce the date after performing «extensive testing» of all core components.  

The Vasil upgrade was originally to take place in June, but it was postponed multiple times due to technical difficulties. 

Input Output has stressed that the Vasil hard fork is the «most significant» upgrade to date since it will substantially enhance the network’s capacity. Cardano developers will also be able to build more sophisticated decentralized applications. 

As reported by U.Today, Input Output had to make sure that at least 75% of mainnet blocks were being created with node version 1.35.3 in order to move forward with the upgrade. Apart from that, it had to onboard roughy 25 exchanges that represent the lion’s share of the ADA token’s liquidity as well as the largest decentralized applications by total value locked. The Cardano builder that is now tracking «well» against all of these matrics, which is why it is confident enough to officially confirm the date of the hard fork.              

The native ADA token is up 3.42% over the past 24 hours. 

Source