Cardano Vasil upgrade ready with all ‘critical mass indicators’ achieved

Cointelegraph2022-09-22 tarihinde yayınlandı2022-09-22 tarihinde güncellendi

Özet

The Cardano Vasil upgrade is set to take place in less than 24 hours on Sept. 22

The Cardano Vasil upgrade is set to take place in less than 24 hours on Sept. 22, with the Cardano team noting all three “critical mass indicators” needed to trigger the upgrade are now met.
A Sept. 21 update on Twitter by the company behind Cardano, Input Output Hong Kong (IOHK) states within the last 48 hours 13 cryptocurrency exchanges had confirmed their readiness for the hard fork, representing over 87% of Cardano’s (ADA) liquidity.
With this latest addition we have met all 3 critical mass indicators:
39 exchanges upgraded (87,59% by liquidity)
Over 98% of mainnet blocks are now being created by the Vasil node (1.35.3)
The top Cardano #DApps by TLV have confirmed they have tested and are ready
— Input Output (@InputOutputHK) September 21, 2022
Of the top exchanges for ADA liquidity, Coinbase is the only exchange listed as “in progress” regarding its integration status, according to an ecosystem readiness page by IOHK.
However, a recent tweet by Coinbase has already hinted it will support the fork, saying ADA transactions will be halted for maintenance “for the Cardano Vasil hard fork.”
Originally intended for a June launch, the Vasil upgrade has seen its launch day twice rescheduled, most recently due to a bug discovered in Cardano’s prior node version which created incompatibility issues.
With an updated Vasil node in place, over 98% of mainnet blocks are now being created by the updated nodes, while the blockchain's top decentralized applications (DApps) have also confirmed their readiness, marking all three metrics needed for the upgrade go-ahead. 
Hey #Cardano $ADA users!
We're ready for the @Cardano Vasil upgrade tomorrow
No downtime is expected or further actions required, sit back, relax and enjoy the upgrade‍♀️
Any Comment
Onwards!
— Ledger Support (@Ledger_Support) September 21, 2022
News of the upgrade has seen social media chatter about ADA increase by 35.16% over the past seven days from Sept. 19 according to market intelligence platform Santiment, third behind Ripple (XRP) and Ethereum (ETH).
#Crypto markets have obviously taken a big hit over the past week, but it's interesting to see where social interests have shifted. $ETH, $XRP, $ADA, $MATIC, and $SHIB have increased in discussions, while most other assets are being discussed far less. https://t.co/B461oasvSr pic.twitter.com/c6FVIS90gG
— Santiment (@santimentfeed) September 19, 2022
Once live, the upgrade will be the blockchain's most significant since its Alonzo hard fork in September last year, which brought functionality for smart contracts for the first time. This upgrade aims to bring smart contract enhancements, reduced costs, and increased throughput on the network.
IOHK said one of the most significant upgrades brought by the fork is faster block creation as they can be transmitted without full validation.
The Vasil upgrade is named after the late artist Vasil Stoyanov Dabov, a Cardano community member and ambassador who passed away in December 2021 due to a pulmonary embolism.
Currently, ADA’s price sits at $0.44 as per CoinGecko, down 3.4% over 24 hours and down over 85% from its $3.09 all-time high from Sept. 2nd, 2021.

İlgili Okumalar

TechFlow Intelligence Bureau: Anthropic IPO Odds Exceed 80%, Iran Closes Strait of Hormuz Again, Triggering Oil Price Volatility

**Market Digest** **AI & Tech:** Anthropic is widely expected to announce an IPO before November 2026, raising questions about balancing its trillion-dollar valuation ambitions with its core "AI safety" mission. Brands are increasingly adopting AI-generated virtual influencers for marketing. Cloudflare introduced temporary accounts for AI agents to ease automation workflows. **Infrastructure & Hardware:** Google's IPv6 traffic surpassed 50%, marking a major internet milestone. Goldman Sachs warned that massive projected AI capital expenditure ($5.3T) is approaching credit saturation limits, potentially curbing the "AI arms race." **Space & Robotics:** SpaceX's IPO saw a historic $370M retail buying frenzy in three days. Hyundai Motor Group plans to acquire full ownership of Boston Dynamics. Elon Musk speculated about future "septillion-dollar" investments in antimatter for interstellar travel. **Energy & Geopolitics:** Iran's military announced another closure of the strategic Strait of Hormuz, accusing Israel of violating a ceasefire, causing oil market volatility. However, ship-tracking data indicated some traffic continued. Concurrently, Iran resumed crude loadings at Kharg Island, potentially releasing up to 20 million barrels to the market. **Finance & Macro:** A European CLO (collateralized loan obligation) experienced its first post-2008-crisis-era equity tranche default, raising alarms in credit markets. Nomura warned that new Federal Reserve Chair Wash's perceived hawkish debut speech could signal a significant policy shift. **The Undercurrent:** Seemingly disparate events—the Strait of Hormuz tension, the European CLO default, and warnings on AI spending—point to a tightening of global liquidity and rising marginal costs across energy, credit, and tech investment. Meanwhile, capital continues chasing grand narratives like space exploration and advanced AI, highlighting a divergence where old-world leverage frays as new-world stories grow more ambitious.

marsbit7 saat önce

TechFlow Intelligence Bureau: Anthropic IPO Odds Exceed 80%, Iran Closes Strait of Hormuz Again, Triggering Oil Price Volatility

marsbit7 saat önce

İşlemler

Spot
Futures
活动图片