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HomeCrypto NewsMarketCardano Launches The "Final Candidate For The Mainnet Vasil Release"

Cardano Launches The “Final Candidate For The Mainnet Vasil Release”

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The IOG works round the clock to ensure the Vasil upgrade is deployed as scheduled As Cardano Launches New Node in Preparation for Mainnet Vasil Hard Fork.

In preparation for the launch of Vasil Hard Fork, Input Output Global (IOG), the company responsible for Cardano’s research and development, has announced that it has rolled out a new node.

 Efforts in Preparation for Vasil Release

According to the IOG, Cardano node 1.35.0 will be the final candidate for Vasil deployment on the mainnet. Notably, the move marks an essential step toward the launch of the Vasil testnet and mainnet launch.

Following the new Cardano node launch, the IOG said it is close to Vasil’s testnet release, and it has already taken significant steps toward ensuring that everything is on track.

The SPO community has been notified about the release of node 1.35.0, and they are expected to upgrade to the new node in preparation for the Vasil testnet deployment.

“We’ll give testnet SPOs the time they need & as soon as more than 75% of block-producing SPOs on the testnet have upgraded – needed for satisfactory chain density for the hard fork – we’ll submit the testnet update proposal, which will take one complete epoch to take effect,” the IOG added.

The development team noted that the Vasil upgrade is code complete and it has successfully completed Vasil testing on the new Plutus v2 code. In general, Vasil testing has gone relatively smooth, with positive results recorded in performance and costs.

The IOG also teased that it will be announcing more updates regarding the Vasil upgrade this week while commending the efforts made by Cardano developers and the SPO community.

Vasil Upgrade Postponed to Next Month

The Vasil Hard Fork event is an important upgrade for the Cardano blockchain. The upgrade, which was named in honor of long-standing Cardano member Vasil St Dabov, is expected to enhance the network’s performance, especially with smart contract functionality and scaling, as well as other features.

Vasil’s mainnet deployment was initially scheduled to go live this month. However, the IOG postponed the launch to next month, with the testnet release expected to be deployed later this month.

Commenting on why the IOG decided to postpone Vasil’s mainnet launch, Charles Hoskinson, the CEO of IOG, noted that Cardano is trying to avoid the unfortunate circumstances that befell the Terra ecosystem last month.

While he acknowledged that the upgrade was code complete, the team opted to conduct rigorous testing before Vasil eventually went live.

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Mark Brennan
Mark Brennan
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.


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