Cardano’s Vasil upgrade inches closer

Twitter icon  •  Published hace 1 año  •  Hassan Maishera

Input Output, the research company behind the Cardano blockchain, revealed on Tuesday that the blockchain’s Vasil upgrade inches closer.

Input Output, the research company behind the Cardano blockchain, revealed on Tuesday that the blockchain’s Vasil upgrade inches closer. The team said work is proceeding well, and their goal is to execute a successful upgrade / hard fork that is safe and secure. Input Output also wants an upgrade that requires minimal disruption to exchanges and other ecosystem partners.

Cardano (ADA) is an open-source Proof-of-Stake (PoS) blockchain network with its inception dating back to 2015. It utilizes a modified version of UTXO (EUTXO) to accommodate support for smart contracts, which are currently under development.

ADA is up by more than 9% in the last 24 hours and is trading at $0.6396 at press time.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.