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Cardano network is moving slowly and steadily towards the much anticipated Vasil hard fork. However, it is also lagging behind its planned schedule. Charles Hoskinson cited the bugs within the code as the reason behind the delays and postponement of the update. With the issues resolved, Cardano’s Vasil hard fork is all set to launch.
Cardano announced the update on the hard fork to move according to the plan, after fixing the issues with the bugged node. Moreover, the operators of stake pools would need to update their nodes version to 1.35.3 as a significant amount of the development is left in this phase for the hard fork.
Out of overall nodes, it would need at least 75% operators of the stake pool to update their nodes version. As of now, it stands at only 46% which is far less than the required number. That shows only more than a half of the operators needed to update their nodes have done it. The half number of operators means the hard fork development is completed only half and it still has to go along the equal distance.
Cardano will also have a task to ensure that there would be enough crypto exchanges which would be upgrading together. This would be crucial in order to have the sufficient liquidity for the native crypto asset after the update. Currently, there are about 25 crypto exchanges that are said to be a part of this initiative which will be updated along with the hard fork.
Given the delays for Vasil hard fork lately, Cardano founder assured that now there will be none of them. The hard fork will take place on schedule. Developers behind the network were consistently working towards removing the bugs and fixing the issues to mitigate the possibilities of delays.
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
