Research shows that 56% of stake pool operator (SPO) nodes on the Cardano network have adopted V1.35.3, this version has been heavily tested and picked for the upcoming Vasil Hardfork upgrade.
- The Vasil Hardfork intends to limit network congestion before it becomes too difficult to do so, prolonging the lifespan and functionality of the network. This will prevent higher transaction fees and longer confirmation times on transactions. The scaling solution to facilitate this is called diffusion pipelining.
- Before the network forks, 75% of SPOs have to upgrade their nodes and Input Output (IOHK) has to be listed with 25 various exchanges to ensure there is sufficient liquidity for the fork. The fork was originally planned for June, although difficulties have pushed it back, it is expected to launch this week.
- Recent publishing describes that there are currently 93 projects on Cardano with over 1065 being developed. Additionally, the Marlowe team has launched the first smart contracts on the Vasil testnet.
See Related: Cardano Voted The Most Preferred Ethereum Alternative, Beating Bitcoin And Solana
Affiliate link — we may earn a commission.