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The Cardano team begins the countdown to the highly anticipated “Vasil” promotion…Details here

The Cardano team begins the countdown to the highly anticipated “Vasil” promotion…Details here

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Answer The Cardano team begins the countdown to the highly anticipated “Vasil” promotion…Details here

Input Output, the company behind the development of the Cardano project, has entered the final stage of launching the much-anticipated Vasil upgrade.

According to the company’s announcement on Tuesday, the company has submitted a proposal to update the test network, thus starting the countdown to the mainnet upgrade.

Last week, Input Output released Cardano node 1.35.0, which is a significant milestone for the developer team.

After including 75% of the liquidity pool operators, the developers have acquired a sufficient level of chain density in order to move forward with the Vasil upgrade.

The upgrade was originally expected to roll out this month, but its launch has been delayed due to technical issues.

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Cardano’s lead developer is now targeting the end of July for a major upgrade.

Input Output has repeatedly stressed their desire to ensure that split and upgrade rollouts will be secure and have emphasized this.

Stakeholders and the crypto community will need at least four weeks to test the fork before the launch of the upcoming major network.

As a reminder, Cardano previously launched the Alonzo upgrade on September 12, 2022, bringing smart contracts into one of the best quota-powered blockchain networks.

The “Vasil” upgrade, named after mathematician Vasil St. Dabov”, on boosting blockchain productivity.

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This will greatly increase the efficiency of the Cardano blockchain, which is why this upgrade is touted as the most important upgrade for the project to date.

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