Cardano’s Vasil Hard Fork is scheduled for June 29, testnet set to launch by the end of May

Cardano founder Charles Hoskinson has announced that the Vasil Hard Fork would proceed as planned. The platform and its smart contract platform, Plutus, will see significant improvements in the Vasil Hard Fork on June 29. To that aim, IOHK suggests that the testnet might go live by the end of May.

Hoskinson has expressed positive expectations that the upcoming Vasil Hard Fork upgrade could provide a “massive performance improvement to Cardano” and its smart contract capabilities.

The upcoming Vasil update will introduce four different CIPs: CIP-31 (Reference Inputs), CIP-32 (Inline Datums), CIP-33 (Reference Scripts) and CIP-40 (Collateral Outputs), as shared by IOHK.

The integration of UTXO HD, which focuses on inspection and resolution, is also being pioneered. Cardano (ADA) says it has re-deployed eight IOG nodes to the P2P test network and added 51 pre-registered SPOs to evaluate testnet performance and share feedback.

This week, the blockchain platform released Daedalus 4.10.0, which enhances the display of unnamed native tokens, provides support for the Windows development environment, and fixes a pairing issue for the Ledger Nano S on Windows. The Hydra team released 0.5.0 the next week.

IOHK also supplied statistics on network growth in the form of a chart. Cardano is now powering 937 projects, up from 925 earlier. It has recently released 84 projects, bringing the total number of NFT projects to 5,549. Github links totaled 2,609 this week, while Cardano native tokens increased to 4.7 million.

At the time of publication, ADA was trading down 3.31% at $0.522, according to CoinCu data.

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