Cardano’s Vasil Hard Fork Got Delayed Once Again: Report

Cardano’s Vasil hard fork got delayed once again despite being scheduled to go live in June but the blockchain development prioritized a smooth network transition so let’s read more today in our latest Cardano ADA news.

After failing to go live last month, Cardano’s Vasil hard fork is delayed once again with the team behind the blockchain development targeting a smooth network upgrade. Input Output Global is the organization responsible for Cardano’s research and development and released a new update on the upcomign hard fork. IOG technical manager Kevin Hammon announced that the hard fork will be delayed once more including exchanges and API developers are all ready for that with Hammond saying:

“Obviously, from where we are, there could be a few more weeks before we go to the actual Vasil hard fork. […] This is incredibly important. All the users must be ready to progress through the hard fork to ensure a smooth process.”

Hammond noted that IOG was focused on solving some testnet issues and progressed with the Cardano node version 1.35.2 with the new node version fixing the issues related to the stake pool operators and Dapp developers, internal testing, and other issues that were identified on the testnet:

“The goal is that it will flush out any final issues as we go to the Vasil hard fork. What we’re doing is fixing on testing authority, getting it right and not rushing.”

Amid the expected update, ADA’s price saw volatility and surged more than 7% over the past 24 hours, trading at $0.537 with the cryptocurrency being up by 21% over the past 14 days. The Vasil hard fork is the biggest upgrade to Cardano since the Alonzo hard fork which was completed in September 2021. The upcoming fork is positioned as the game changer in the Cardano development as expected to imrove the network in terms of scalability and speed and made it more suitable for smart contracts and dapps.

Input Output released the roadmap of the Vasil Hard Fork in May 2022 and aimed to execute the hard fork on the mainnet. The hard fork was delayed until the last week of July due to severe bugs. Vasil’s delay came amid the crypto community anticipating another important event for one of the biggest cryptocurrencies by market cap. Ethereum as the second biggest blockchain by value is scheduled for a merge phase on September 19 and as previously reported, the phase was delayed multiple times while the upgrade is expected to go live in 2023.