Cardano Founder, Charles Hoskinson Shares Major Updates On The Hard Fork!
Charles Hoskinson shares updates on the Cardano hard fork! On Friday, Charles Hoskinson, the Founder of Cardano, updated the community on the Cardano hard fork on Twitter.
The Updates From Charles Hoskinson
Last Friday, Charles Hoskinson, the Founder of Cardano, posted an update on the upcoming Cardano hard fork event via Twitter. The hard fork is called Vasil. The name is a tribute to a Cardano evangelist and mathematician, Vasil Dabov, who recently died.
In a video Hoskinson shared on Twitter, he mentioned the current situation on the Vasil hard fork. Hoskinson shared the technical details of the progress and some bugs the team has to fix.
Vasil Update 08-26-2022 https://t.co/cyRgTkYA9n
— Charles Hoskinson (@IOHK_Charles) August 26, 2022
Hoskinson said, “The next major lift is to get the exchanges on board. […] Generally, what happens is that after a hard fork date is announced, you see a big rush, and people push through.”
Hoskinson also mentioned that things are moving along very quickly. Extensive testing is still in progress by the community and the team. He added the team is hoping they can set the date soon. However, he informed everyone that the hard fork is likely to happen “sometime in September.”
The Vasil Hard Fork
In April, Emurgo, the official commercial arm and a founding entity of the Cardano blockchain, posted about the Vasil hard fork. According to Emurgo, the main focus of the Vasil hard fork is to improve the Cardano network for users and upgrade the development experience for Cardano developers.
Emurgo stated, “The Vasil hard fork will bring numerous upgrades to network capacity and Cardano’s smart contract programming language Plutus, which enables Cardano decentralized application (dApp) development.”
Since Charles Hoskinson gave updates to the community, everyone is excited to see the progress soon.
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