As reported by CoinCu, recently there were rumors that the Vasil hard fork will be delayed. Input Output (IOG), the development lab for the Cardano blockchain, didn’t release Monday’s planned Vasil hard fork on the Cardano testnet because of technical bugs, the team said on Tuesday.

The Vasil upgrade is set to provide a massive performance improvement to Cardano and its smart contract capabilities according to Cardano co-founder Charles Hoskinson. It was previously slated to go through on June 29, however, the latest estimate is now set for the last week of July.

“The IOG engineering team is extremely close to finalizing the core work, with just seven bugs still outstanding to complete the hard fork work, with none currently ranked as ‘severe,” developers said. “After some consideration, we have agreed NOT to send the hard fork update proposal to the testnet today to allow more time for testing,” they added.

Developers said that a “few outstanding items” were needed to confirm everything was “working as expected” and that they would “need a few more days” to do that. “This puts us behind schedule on our previously communicated target date of June 29 for a mainnet hard fork,” they said.

The final decision to upgrade the Cardano testnet will be made in consultation with the network’s decentralized application (dApp) development community. The developers must clear any critical issues in testing, conduct benchmarking tests for the software and inform the broader developer community to allow enough time to retest their dApps before the hard fork.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

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Harold

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Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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Blockchain

Cardano Devs Delay Vasil Hard Fork By A Month

As reported by CoinCu, recently there were rumors that the Vasil hard fork will be delayed. Input Output (IOG), the development lab for the Cardano blockchain, didn’t release Monday’s planned Vasil hard fork on the Cardano testnet because of technical bugs, the team said on Tuesday.

The Vasil upgrade is set to provide a massive performance improvement to Cardano and its smart contract capabilities according to Cardano co-founder Charles Hoskinson. It was previously slated to go through on June 29, however, the latest estimate is now set for the last week of July.

#VASIL UPDATE: Progress continues positively with only minor bugs remaining. Today, however, we have agreed to ensure the core dev team and #Cardano ecosystem collaborators have more time for testing before commencing the mainnet countdown.

More here: https://t.co/1p5YW4wloe

— Input Output (@InputOutputHK) June 20, 2022

“The IOG engineering team is extremely close to finalizing the core work, with just seven bugs still outstanding to complete the hard fork work, with none currently ranked as ‘severe,” developers said. “After some consideration, we have agreed NOT to send the hard fork update proposal to the testnet today to allow more time for testing,” they added.

1. Vasil hardfork 95% complete. Going to be delayed by about 30 days while final testing takes place. New date very realistic, measurable and achievable. Glad to see care being taken to perfect everything rather than a "just ship it and patch it live" approach. #cardano $ADA

— ADA ape ????|| "APE" (Pool) (@TheADAApe) June 20, 2022

Developers said that a “few outstanding items” were needed to confirm everything was “working as expected” and that they would “need a few more days” to do that. “This puts us behind schedule on our previously communicated target date of June 29 for a mainnet hard fork,” they said.

The final decision to upgrade the Cardano testnet will be made in consultation with the network’s decentralized application (dApp) development community. The developers must clear any critical issues in testing, conduct benchmarking tests for the software and inform the broader developer community to allow enough time to retest their dApps before the hard fork.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join CoinCu Telegram to keep track of news: https://t.me/coincunews

Follow CoinCu Youtube Channel | Follow CoinCu Facebook page

Harold

CoinCu News

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