Cardano’s Highly Anticipated Vasil Boost Finally Has A Launch Timeline — Here’s What To Expect ⋆ ZyCrypto
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Cardano founder Charles Hoskinson has confirmed that the much-anticipated Vasil update will be released on the 22nd. September
On Friday, Hoskinson said the date had been reached after thorough discussions with “all teams” and expressed his satisfaction with the pace of progress.
“White smoke is coming from the Sistine Chapel” Charles said.”We now have an official date for the Vasil hard fork combinator event – September 22ndn.d.”
According to him, the date, despite being random, was significant in two ways. First of all, it happened on Bulgaria’s Independence Day. Second, Vasil was named after Zidi Vassel, a retired Bulgarian mathematician who greatly influenced the development of the Cardano ecosystem.
The announcement comes days after Charles told the community that getting an update in August was virtually impossible because there weren’t enough exchanges on the network yet to provide the necessary liquidity during the hard fork. Although Vasili has been delayed more than five times, Cardano’s development team has claimed that these delays were critical to ensure that all sensitive issues were cleared before Vasili.
Unlike networks like Ethereum, which use a “maximum expressiveness” roadmap that requires calling back to find problems that lead to broken contracts and lost money, Cardano’s developers had used a “minimum expressiveness” roadmap. According to Charles, this allowed them to incrementally add new features over time and expand the universe of things to implement in the system while maintaining security, scalability, and flexibility.
“This was one of the long updates, probably the most difficult update we’ve ever done as an ecosystem.” Charles added, thanking the community for its patience, perseverance and steadfast loyalty.
The Vasil network update is expected to bring new features to the Cardano network that will allow users to deploy smart contracts and build Dapps on a massive scale. According to the developer, the first major update to Plutus will take place during Vasili’s time and will massively expand the universe of smart contracts.
“Vasil helps a lot of dapp developers… I think people are very happy with what they have and can build a lot. From major improvements to DExes, stable coins and many more things. There are currently over a thousand projects under construction in the Cardano area. Hoskinson added.