Key Dates On Road To Cardano Vasil Hard Fork

Cardano analytics platform Cexplorer has shared critical dates for customers to keep in mind ahead of the much-anticipated upgrade. First, the mainnet upgrade request is anticipated to be filed on September 19 in order to trigger the hard fork event on September 22.

The 22nd of September will also mark the beginning of the transition from Alonzo to Babbage.

Vasil’s capabilities could take up to five days to become available on the mainnet. According to IOG, Vasil capability will be accessible on September 27 at the start of epoch 366. On this date, the Plutus V2 Cost Model will also be available on the mainnet.

According to the most recent IOG report on ecosystem readiness, Vasil node candidate 1.35.3 has already created 97% of mainnet blocks, indicating that the “node readiness” statistic has already been reached. Furthermore, seven of the top twelve liquidity exchanges, namely Binance, Upbit, MEXC, Bitrue, AAX, WhiteBIT, and BKEX, have declared Vasil readiness.

Coinbase and three other top-twelve exchanges are now updating their nodes. Eleven more exchanges have signaled Vasil ready, and numerous more are updating their nodes. Six of the top ten Cardano dApps are now tested in preproduction, while others are still in testing.

Cardano has marked the year anniversary of the Alonzo upgrade, which went live on the mainnet on September 12 at 9:47 p.m. UTC.

The addition of Plutus smart contract capabilities to the Cardano mainnet opened up a slew of new opportunities for decentralized apps (dApps), decentralized exchanges (DEXes), and decentralized finance (DeFi) solutions.

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.

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