Coming Soon: The Cardano Hard Fork

[Markuri33]

Cardano Founder Charles Hoskinson says the Vasil Hard Fork is set for September. “We’re not quite over the finish line.”Hoskinson—who also co-founded Ethereum—told viewers the hard fork will occur “sometime in September.” Perhaps not coincidentally, the long-awaited Ethereum merge is supposed to happen on or around September 15.

The exact date of the Cardano fork, however, partly depends on crypto exchanges, Hoskinson said: “The next major lift is to get the exchanges on board. Binance is reporting that they’re currently upgrading by volume.” He added that “generally, what happens is after a hard fork date is announced, you see a big rush and people push through.” 

Once the largest three to five cryptocurrency exchanges have upgraded their systems, “a hard fork date will be set,” Hoskinson said. “Then, the rest of the exchanges feel the urgency and they start upgrading. It’s really hard to get them otherwise—they tend to need a bit of a push for that. We’re not quite over the finish line, but everything looks pretty good.more