Vasil was supposed to be Cardano's big update, with huge performance improvements, but the continuous delays in its implementation have caused it to lose momentum.
Since Vasil was successfully deployed on Cardano testnet, we have not stopped reading that it will be “the biggest update” of the network. This new hard fork It is designed to improve network performance, transaction speed and reduce commission costs.
Vasil implements some Cardano Improvement Proposals, CIP for its acronym in English (Cardano Improvement Proposals) such as CIP-31 which will speed up access to information stored on the network or the CIP-32 which attaches reference points to outputs much more easily, which will improve network speed, among others.
Be that as it may, the hard fork Vasil will score the beginning of the fourth era of Cardano, called Basho, which will focus on improving the overall scalability and usability of the network.
Will Vasil be a turning point for Cardano?
Despite being a blockchain developed with a much more scientific approach, in which The development of each of the phases takes much longer, since every little detail is studied, Cardano has failed to attract attention from the community, from big investors, or from developers.
However, this is expected to change with the final implementation of Vasil and the arrival of the new era, Basho.
It is difficult to know whether Vasil will represent a real change for the current dynamics of the network. If we take the latest as a reference hard fork, Alonzo, who implemented the ability to deploy and work with smart contractsThe truth is that it is very possible that the changes will not be noticeable, at least in the short term.
Alonzo was meant to be a turning point for Cardano, but in the end hardly anything changed, beyond attracting new developers to the network, who have been able to start working on the development of new DApps.
Vasil, for his part, intends introduce new functionalities and features aimed at improving core parameters and network performance, making it more scalable and usable.
Changes in the price of ADA
Although it may not be the turning point that many expect it to be, Vasil and the arrival of a new era for Cardano may indeed represent a change in the current price trend of ADA, Cardano's native token.
Traditionally, the implementation of a hard fork It usually involves a period of volatility in the price of the Cardano token.
The problem is that Input Output Hong Kong (IOHK), the developer of Cardano, has The implementation of Vasil has been delayed on several occasions, so it is very likely that the impact that it was going to have hard fork has been diluted and that, in the end, Vasil does not represent any substantial change for Cardano.
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