Crypto Live News

Cardano’s Vasil HardFork is Now Live!

Written by: Qadir AK

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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Sep 23, 2022

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As of Thursday at 9:44 p.m. UTC, The Cardano Vasil upgrade and hard fork has finally gone live bringing “significant performance and capability” enhancements to the blockchain.

This second significant upgrade focuses on improving connectivity and overall network stability. High Impact can be seen in the network’s transaction fees, mining rewards, and speed of transactions while enhancing the scalability of Decentralised Applications.

After the Vasil upgrade, Cardano is heading its work on the Hydra head protocol, a layer-2 scaling solution that handles transactions outside of the Cardano blockchain while still utilizing it as the security and settlement layer.

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