2 November 2024
Founder of Cardano Charles Hoskinson Hints Vasil Hard Fork Date
The founder of Cardano Charles Hoskinson expects the completion of the Vasil hard fork upgrade by September if everything goes well and no bug or slowdown delays the upgrade. Cardano community and IOHK will work together to set a date for the Vasil hard fork. Also, the team will discuss with the Stake Pool Operators (SPO) regarding updates on preparations on their side.
Yesterday, in a video broadcast, Hoskinson said things are moving along very quickly and anticipates the Vasil hard fork is most likely to happen in September.
Both community and developers are testing things against the 1.35.3 node, with integration and infrastructure looking good. No major bugs are recorded other than minor bugs in the backlog. Also, exchanges will be pushed to upgrade to 1.35.3 to provide liquidity.
As per PoolTool data, SPOs running the 1.35.3 node account for 53% of mainnet block production in epoch 359. IOHK targets 75% block production by SPOs running the 1.35.3 node to implement the fork on the Cardano mainnet.
Once, the top 5 major crypto exchanges finish upgrading to 1.35.3 and top dApps report successful tests against node 1.35.3, IOHK will announce the hard fork date. Currently, Binance contributes 30%-40% to the Cardano trade volume and has announced upgrading to 1.35.3.
The developer of Cardano, Adam Dean confirmed yesterday that the Vasil hard fork would come sooner than expected.
Disclaimer: The author’s thoughts and comments are solely for educational reasons and informative purposes only. They do not represent financial, investment, or other advice
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