Cardano postpones release of Vasil update to late July

Input Output Hong Kong (IOHK), the company behind the Cardano (ADA) blockchain, has announced the postponement of the long-awaited Vasil hard fork. According to the company, the hard fork, which is scheduled for late June, will take place in late July.

Over the weekend, the company confirmed Vasil’s postponement through its official blog. The justification is that there are still items pending execution. And since the network wants to perform the hard fork as expected, it was decided to postpone it.

Nigel Hemsley, head of delivery and products at IOHK, said the team would need a few more days to re-evaluate the latest status.

“The IOG engineering team is very close to finalizing the main work. We only have seven bugs still pending to complete the hard fork work, and none of them have been rated ‘severe’. But after some consideration, we have agreed NOT to submit the proposed hard fork update to the testnet in June to allow more time for testing,” he said.

Scheduled test and delayed release

Rather than launch Vasil on the mainnet, IOHK and the Cardano Foundation agreed to launch a new test at the end of June. This test will serve to detect possible failures and give time to implement any corrections.

Next, the team intends to start preparations to roll out the update to the mainnet. As such, the team projects the launch of Vasil on Cardano’s mainnet for the last week of July.

The decision comes after the community began spreading rumors about a possible delay in the update. Tim Harrison, vice president of community and ecosystem at IOHK denied the rumors and said testing is proceeding as expected.

But Harrison pointed out that there were a few factors before the hard fork combo event actually happened. Therefore, Vasil’s postponement was due to an excess of caution, not because of the delay.

It should be noted that developers and creators of decentralized applications (dApps), as well as some users, can already evaluate its functionality.

Cardano improvements

The main purpose of the Vasil hard fork is to improve network scalability. This includes faster transaction speeds and increased network capacity.

In this sense, the network has increased the size of the network blocks by 10%, which can now support 88 kilobytes (KB) of transactions.

Cardano updates are divided into five “eras”, of which three have already been completed. The release of Vasil is part of the “Basho” era of Cardano’s development. This era focuses on developing and increasing network scalability.

Cardano founder Charles Hoskinson had previously announced that Vasil would be a “big, big, big, big” event for the ecosystem.

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