Charles Hoskinson has confirmed that the Vasil upgrade is in its final stages and ready to be deployed on Cardano.
During a live video with the community, Charles Hoskinson, CEO of IOHK and founder of Cardano, has revealed that The Vasil update is in its final stage and is ready for deployment on the main network., after the combiner's request has been accepted hard fork.
At this point, Hoskinson has explained that the implementation process is automatic and that it has already begun and that: “Now we will sit back and watch take off the Vasil rocket. It's already in the air and there's no turning back."
Hoskinson's words have been very well received by the Cardano community, as Vasil is one of the most anticipated updates by users. However, the hard fork It has been seen delayed up to two times over the past few months, due to problems with the testnet.
When will Vasil be deployed on the mainchain?
If everything works correctly, the update is scheduled to be rolled out on September 22.
Hoskinson believes that some of the effects of the upgrade will become really visible to Cardano users. from September 27th due to technical reasons. However, the founder of ADA did not explain what these reasons are.
On the update process, Charles Hoskison asked the community to Please update your Daedalus wallets to version 5.0.0, as it contains some fixes necessary for the proper functioning of Vasil.
Vasil is one of the most anticipated updates by the community and one of the most ambitious that have been implemented on Cardano. It is designed to improve network scalability, enhance its performance, script efficiency, and reduce latency in block transmission.
How has the price of ADA reacted?
Although analysts and experts have predicted that ADA price could skyrocket with Vasil implementation, The truth is that the token has lost traction in recent days.
ADA is trading at $0,43 (at the time of writing) 14,23% below where it was a week ago when the token was trading at around $0.51.
Although the price drop has been widespread throughout the crypto market since the last inflation report in the United States was published, ADA's lack of traction has part of the community thinking that, in the same way that happened with the hard fork Alonzo, Vasil won't have a big impact in the token.
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