Cardano’s Vasil Hard Fork Upgrade Is Now Live On Testnet
- IOHK has finally launched its Vasil Hard Fork Upgrade on the blockchain’s Testnet
- The mainnet launch is scheduled to take place by the end of July 2022.
After much anticipation, the Vasil Hard Fork upgrade has finally been launched on Cardano Testnet. With this upgrade, Cardano is now one step closer to its mainnet launch which is slated to go live at the end of July 2022.
Vasil Hard Fork Is Live On Cardano Testnet
The Input-Output (IOHK) took to Twitter to share the latest update, adding that it has successfully deployed the Vasil Hard Fork on Cardano Testnet.
We’re happy to report that today at 20:20 UTC the IOG team has successfully hard forked the #Cardano Testnet. This is an important next step in the journey towards the Vasil upgrade on mainnet. 🧵
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The update also prompts SPOs and developers to start deploying their work on the testnet to confirm that the tool’s integrations and configurations are running in sync with the newly deployed program.
With this new upgrade, Cardano has inched one step closer to its widely anticipated Vasil hard fork mainnet launch which will be deployed 4 weeks after the testnet launch. The specified time frame will allow SPOs and developers to carry out necessary tests and assessments before the team “triggers the mainnet launch.”
The community has requested a 4 week period following the testnet hard fork to allow for SPOs, developers, and exchanges to test and upgrade before we trigger the hard fork for the #Cardano mainnet.
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The Twitter update further states that the Cardano Foundation alongside the IOHK team will be working closely with the Dapp/tool developers throughout the process to ensure compatibility of the deployed programs with the newly launched Vasil Hard Fork.
The mainnet launch, which is slated to commence by the end of July 2022 is set to bring significant changes to Cardano’s overall network functioning and interoperability. Once the mainnet fork is live, Cardano will be able to process transactions at a rapid pace with lower costs and fees.
As far as other benefits are concerned, the IOHK further noted that the Vasil upgrades will include “higher throughput through diffusion pipelining to a better developer experience via much-improved script performance & efficiency (plus lower costs).
The Vasil upgrade will also include Cardano cryptographic primitives improvements (enabling greater interoperability options for other blockchains), a tuned Plutus interpreter, and a new cost model, which are all part of Plutus V2 scripts.
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However, Cardano’s path toward the testnet launch was not very easy. The network had to delay its mainnet launch for a month citing ” technical bug issues.” The mainnet which was supposed to launch early on June 29 was shifted to a new date following the recent changes in the schedule.
It was revealed later that the developers had “few outstanding items,” left to resolve and that they needed to confirm the fact that the upgrade’s configurations are working in sync with the program before the launch of one of their most “ambitious” projects.
The Vasil upgrade is the most ambitious program of work we’ve undertaken. And the whole community is involved. Our prime concern is ensuring we manage this upgrade in a way that is safe and secure.
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