Tuesday, December 6

Exchanges To Support Vasil Update, 3 Are Ready And 27 Are In-Process

The deployment of the Vasil upgrade will undoubtedly bring a positive change to the Cardano network as it was said that the upgrade will bring more scalability and security to the Cardano.

Vasil hard fork has been deployed on the Cardano network and every project in the ecosystem fans their support on the upgrade.

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Various Platforms Shower Support On Cardano Ahead Of Merge

Over time, the Cardano network has gotten support from various platforms such as Binance, Bitrue Huobi, Hotbit,HitBTC,Bitfinex,NDAX.io, LCX, Upbit, Kraken, and OKEx. Support from these exchanges will ensure that the fork is a success and that users can trade on the network without disruptions.

According to the Cardano updates; “More exchanges kicking off the Vasil hardfork upgrades. 3 are Ready 27 are in process.”

Vasil Upgrade Is Designed To Improve The Cardano Network

It is worth noting that the Vasil upgrade was introduced to bring improvement to the Cardano network in terms of stability and security. It is also expected to improve the performance of the platform. The hard fork will also enable the use of smart contracts on the Cardano network. This will allow developers to create and deploy decentralized applications on the network.

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Vasil Upgrade Is At The Corner

The Vasil upgrade has been postponed a couple of times due to the detection of bugs and for further testing to be carried out by the engineers.

It was recently announced that the compatible version of the node has been in the process of testing. Tim Harrison, the Vice President of community and Ecosystem at IOHK now IOG, tweeted about the massive progress achieved by the SPOs community on the upgrade over the weekend.

According to Tim, the block-producing node metric is now at 58% for the epoch and hourly at 76%. The app developers are working unrelentingly in preparation for the Vasil upgrade.

Cardano Project Is Loaded Post-Vasil

Cardano blockchain is one of the most loaded blockchains as far as the crypto industry is concerned. At the moment, Cardano is one of the top 10 by market capitalization. With the successful deployment of the Vasil hard fork, it is well on its way to becoming the go-to platform for enterprises and developers alike.

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