Cardano [ADA], one of the most developed ecosystems, underwent the long-awaited Vasil hard fork on September 22. This brought “significant performance and capability improvements” to the blockchain. However, ADA, the native token, did not show the same enthusiasm as the sellers went on a rampage.
But the platform has not yet given up. In fact, Cardano has added additional key updates with September 27 as the key date for the same.
A heap of goodies
On September 22, IOG, along with the Cardano Foundation, initiated a hard fork combinator event to deploy Vasil at the protocol level. But that’s not all, or rather, there’s more room for growth.
The full Vasil functionality, which includes support for reference inputs, embedded data, reference scenarios, additional outputs, and the new Plutus cost model, will be available to developers on the mainnet on September 27th. guy Cardano user repeated the key data and its meaning on the social media platform.
According to IOG, monitoring will continue for at least four epochs after the hard fork, after which a decision on future adjustments will be made. will be done based on “normal” network bandwidth.
However, progress so far has been quite significant. Login Exit HK also released the latest Weekly Development Report overnight. According to a September 23 report, statistics to date include
Meanwhile, DIGI’s Rick McCracken, who ran the DIGI staking pool on Cardano, took to Twitter to share his observations about the network. In a tweet posted on September 26, he added
Such upcoming developments and/or milestones achieved may be a key reason for ADA holders’ confidence despite price correction(s).
Some things never change
Cardano has indeed seen some increase in traction from the community. Even institutional investors ended the week with an influx of funds for the eighth time in a row. According to the CoinShares Report , ADA has generated $100,000 inflows into blockchain-focused crypto products.
However, the platform, which included the main figure, remained the object of censure in the community. As always, Charles Hoskinson, CEO of IOHK addressed the same with his 950k+ Twitter followers.
Is this censure just because of ADA’s slow price increase? Perhaps because the token continues to struggle to cross the $0.5 line.