Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Cardano Forum => Topic started by: Coin_Gabbar on September 28, 2022, 11:02:52 AM
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The second set of the Vasil hard fork will go live on the Cardano mainnet at epoch 366, which is expected to take place at 03:15 AM on September 28.
Plutus V2 scripts, diffusion pipelining, reference inputs, inline datums, and reference scripts will all be accessible for developers to utilize. As a result, the Cardano price has increased by over 3% in the last 24 hours. However, the ADA price remains in a range of around $0.45.
Vasil Hard Fork Second Cardano Mainnet Event
On September 23 at 3:15 AM IST, the IOG and Cardano Foundation teams successfully initiated the Vasil hard fork on the Cardano mainnet. Furthermore, on September 23, the team successfully uploaded the Plutus V2 cost model to mainnet. This will make full Vasil capabilities accessible to developers on September 28 at epoch 366.
On the Cardano mainnet, the second set of the Vasil hard fork will enable new Plutus functionality and the Plutus V2 cost model. According to IOG, developers will be able to use node and CLI support for reference inputs, inline datums, reference scripts, and collateral outputs, as well as the Plutus pricing model.
The Plutus V2 script enhances Cardano's smart contracts platform. It also allows for better transaction throughput and cost-efficiency. Diffusion pipelining enhances Cardano network capacity by allowing for quicker block propagation.
As a result, it enhances transaction speed, scalability of DApps, and reduced transaction costs on the Cardano network.
According to reports, the Vasil node 1.35.3 creates 100% of mainnet blocks. In addition, the community has staked approximately 25 billion ADA tokens, and 94% of pools have been upgraded with the latest node 1.35.3.
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How well the cardano developers work on the project, how they immediately update their platform and add different elements to their product. We need to look closely at this project, because of such careful product development, it will become the best.
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Cardano Ecosystem is still too new for users in crypto market, hopefully we will have many dapps to use and make profit in this ecosystem. I have been following ADA since 2018 but cannot use the product blockchain operated by ADA.