Blockchain

The Core Cardano Software Is Now Coded Completely

Cardano founder Charles Hoskinson seems enthusiastic as the first set of SPOs (stake pool operators) upgrade to the recently released Cardano node 1.35.0.

Cardano founder excited as the first round of testing on Cardano Vasil node occurs

Cardano’s IOHK announced over the weekend that it had successfully deployed and tagged the Cardano node 1.35.0, which it claims will be the final candidate for the mainnet Vasil release. It went on to say that it had notified the SPO community that was supporting the testnet that the new node was ready for deployment.

According to the Cardano developer, the introduction of the node remains an “essential milestone” building up to the Vasil hard fork.

This is due to the fact that the testnet upgrade request will be filed as soon as 75% of stake pool operators participate, ensuring the required chain density.

According to updates provided over the weekend, IOHK believes that the main Cardano program is now coded completely. Positive performance and cost gains were also observed during the testing of the new Plutus v2 code, which also includes new CIPs that have the potential to significantly improve smart contract performance.

Four different CIPs, including CIP-31 (Reference Inputs), CIP-32 (Inline Datums), CIP-33 (Reference Scripts), and CIP-40 (Collateral Outputs), are expected to be included in the forthcoming Vasil update.

IOG is still preparing for the Vasil testnet hardfork release. Following the successful deployment of a testnet hard fork, exchanges and SPOs should have four weeks to complete all essential testing and integration activities before the mainnet fork.

As reported by CoinCu, the Vasil hard fork’s mainnet launch had been planned for late June, but it has since been delayed. It is now anticipated to occur in late July, according to the revised plan. As the community hopes for a successful Vasil HFC event, IOG promises to update its development update this week with new developments.

IOG believes that Cardano’s upcoming improvements could make it faster than its competitors and a fiercely competitive platform for DeFi.

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

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.