The Cardano network update has been delayed again

The major update of the Cardano network, named Vasil, was originally supposed to be launched in June; But the team behind Cardano’s blockchain development has prioritized slow change in the network’s software.

To Report Cointelegraph, after the Cardano hard fork was postponed last month, has been postponed again, this time due to the decision of the blockchain development team to upgrade the network.

Input Output Global, the organization responsible for the research and development of the Cardano blockchain, published a new news about this hard fork on YouTube yesterday.

Also read: What is a hard fork?

Kevin Hammond, Technical Director of Input Output Global, announced that the Vasyl hard fork will be delayed again, saying that in order to ensure the readiness of all parties, including exchanges and API developers, to perform this hard fork, this will not take place

Hammond adds:

Obviously, according to the current situation, the actual hard fork of Vasil may take place in a few weeks.
This hard fork is incredibly important. All users should be ready for it to make sure that this process will be done smoothly.

Hammond also announced the progress of this project with Cardano node version 1.35.2, noting that InputOutput is focused on solving some test network issues. The new node version of the network fixes issues related to the operation of staking pools, decentralized application (DApp) developers, internal tests, and other issues identified in the testnet.

Hammond says:

Our goal in doing Vasil’s hard fork is to fix the ultimate network problems. We are currently working on the correctness and reliability of the tests, and we want to do it right and without rushing.

The price of Cardano has passed a volatile day and has increased by more than 7% to $0.537 in the last day and night. According to CoinGecko data, Cardano has seen a 21% price increase in the last two weeks.

Vasil’s hard fork is the biggest Cardano update since the Alonzo hard fork that took place in September 2021. This hard fork is considered a major change in the Cardano network; Because it greatly improves the speed and scalability of the network for smart contracts and decentralized applications (DApps).

INPUT published the road map of Wasil’s hard fork in May (May 25) of this year. Initially, this hard fork was supposed to be implemented on the main network on June 29 (July 8); But finally, due to some serious problems, it was postponed until the last week of July.

The postponement of Vasyl’s hard fork comes as the cryptocurrency ecosystem awaits yet another major event for one of the largest cryptocurrencies by market volume. Ethereum, the second largest digital currency in terms of market capitalization, is preparing for the integration phase of the transition to its Proof of Stake (Pos) algorithm on September 19. As announced, this stage was also postponed several times. It is expected that the complete upgrade of the Ethereum network will be done next year.