Vasil Hard Fork Archives - Page 2 of 2

Vasil Hard Fork Is Postponed Till Late July To Ensure correct deployment

21Jun

By Cryptolifedigital5 Comments

Cryptocurrency

Vasil Hard Fork Is Postponed Till Late July To Ensure correct deployment

As reported by Cryptolifedigital yesterday, Tim Harrison, vice president of community and ecosystem at IOHK has responded to speculation of an imminent delay on the Vasil Hard Fork scheduled for the end of June. According to the Rumor circulating, on the internet, a major problem has been detected in the Cardano Vasil Hard Fork, which could probably delay the launch of the Vasil Hard Fork till August. Vasil Hard Fork postpone till Late July The IOG engineering team is extremely close to concluding the core work, with just seven bugs still outstanding to complete the hard fork work, with none currently ranked as severe. But after a serious check, they agreed on not sending the hard fork update proposal to the testnet today to permit more checks. Read Als...

Tim Harrison Responds to speculation of an imminent delay on the Vasil Hard Fork scheduled for the end of June.

20Jun

By Cryptolifedigital1 Comment

Cryptocurrency

Tim Harrison Responds to speculation of an imminent delay on the Vasil Hard Fork scheduled for the end of June.

As stated on the official Twitter page of the IOHK posted on the 7th of June as regards the Vasil Hard Fork. The integration program for Vasil is the most challenging to date from a variety of perspectives since it is a process that mandated not only huge effort but also close monitoring. The core node, multiple components, and the DB-Sync to third-party APIs like Blockfrost must be upgraded, and thus many interdependencies. Read Also: Binance To Switch Its Current Payments Partner In Brazil To Proffer Solutions For Users The IOHK also reported the successful delivery of a new Node release for Vasil with the first release of its new CLI, inc. https://twitter.com/InputOutputHK/status/1534224564712005633 It was stated in the tweet, that a new dedicated testnet has been sp...

Hollywood Actor Martin Lawrence Is Working on a Cardano-Powered NFT Collection.

8Jun

By Cryptolifedigital2 Comments

Cryptocurrency

Hollywood Actor Martin Lawrence Is Working on a Cardano-Powered NFT Collection.

On Tuesday, June 7th, an American comedian and actor Martin Lawrence explained how he is joining the Cardano ($ADA) community. His comments were made in the course of a conversation on Twitter spaces with Patrick Tobler, Founder, and CEO of NFT-MAKER, and Charles Hoskinson, Co-Founder, and CEO of IO Global (aka “IOG”, formerly known as “IOHK”), the company responsible for Cardano’s research and development. Read Also: Shiba Inu ($SHIB) Comes To “The World’s Longest Running Crypto Exchange” Below are some points in the Lawrence and Hoskinson’ discussion When and How Lawrence Got Into Crypto “A couple of years ago, when my team brought NFTs to my attention.“ Lawrence’s First Impressions of Cryptocurrencies and NFTs “I want to learn m...

Another Major Milestone As Number of Projects Building on Cardano Surpasses 1,000

7Jun

By Cryptolifedigital1 Comment

Cryptocurrency

Another Major Milestone As Number of Projects Building on Cardano Surpasses 1,000

In an amazing feat celebrated across the Cardano ecosystem. The number of decentralized applications (dApps) presently being established and preparing to release on the blockchain has shoot beyond 1,000. NFT Projects Outnumber Others As stated by the data displayed by Input-Output Global (IOG), the company behind the research and development of Cardano, as of yesterday, the number of projects building on Cardano rose to 1,003. https://twitter.com/InputOutputHK/status/1533886560457965568 The projects established on the blockchain cut across a series of the cryptocurrency niches, which include crypto wallets, stablecoins, NFT marketplaces, community & social, decentralized exchanges (DEX), gaming, and decentralized finance (DeFi), and lending, among others. Read Also: D...

Cardano Founder Shares Key Inputs into Project’s Development

1Jun

By Cryptolifedigital1 Comment

Cryptocurrency

Cardano Founder Shares Key Inputs into Project’s Development

Cardano founder Charles Hoskinson has reacted to a user's claim of sending 56 different Cardano Native Tokens (CNTs) and other NFTs in a two-minute transaction on the network, with a total fee costing about 25 cents. The Cardano creator, obviously impressed with the network performance, went ahead to disclose the key inputs that went into creating Cardano. "A lot of careful design and building went into making this system," he says. Read Also: BabyDoge Shares Fresh Preview of "Wearable" Metaverse on Its First Birthday Eve https://twitter.com/IOHK_Charles/status/1531996049379827715 Expectations remain high for the June hard fork combinator event, with the community speculating that the Vasil upgrade could bolster the influx of dApps through the CIP-33 (Reference Scr...

Cardano Dex, ADAX, Releases Latest Testnet Version

1Jun

By Cryptolifedigital2 Comments

Cryptocurrency

Cardano Dex, ADAX, Releases Latest Testnet Version

ADAX, a Cardano-based DEX, releases a new version on testnet as ADAX V2 goes live. ADAX is a custodial and order-book-based decentralized exchange that fits into Cardano’s unique architecture. For decentralization and to assure rapid and seamless transactions for all users, the DEX includes smart contracts written with Plutus. Read Also: What Is a Crypto Airdrop And how to Milk and Get Rich From It https://twitter.com/adax_pro/status/1531706351407210499 Presently, Cardano has a total value locked of over $144.42 million, ranking 31st among DeFi chains. Contributing to Cardano's TVL are dApps such as MinSwap, SundaeSwap, Wingriders, ADAX pro and MuesliSwap. https://twitter.com/IagonOfficial/status/1531734790575120384 Now, for another announcement: briefly after announcin...

Cardano Development Activity Hits ATH And ADA Overtakes BUSD And XRP to Become Sixth-Largest Crypto

31May

By CryptolifedigitalNo Comments

Cryptocurrency

Cardano Development Activity Hits ATH And ADA Overtakes BUSD And XRP to Become Sixth-Largest Crypto

Cardano’s constant development seems to be paying off as the cryptocurrency overtakes two others to become the 6th largest crypto by market capitalization. Following a 25% spike in the last 24 hours, Cardano (ADA) from 8th position to 6th, usurping Binance USD (BUSD) and Ripple (XRP) along the way. After adding over a billion dollars in the last 24 hours, Cardano currently boasts of a market capitalization of $20.6 billion. Read Also: Ethereum (ETH) Rebounds 7% To Over $1900, Here’s Why The price of ADA has gained massively in the last 24 hours. In the past day, ADA has moved from a low of $0.517 to a high of $0.665. At the time of writing this line, the cryptocurrency is changing hands at around $0.653, according to data on Coingecko. The development comes less than 24 hours aft...

As Part of Vasil Hard Fork, Cardano’s Smart Contracts to Decrease Transaction Size in New Update

18May

By Cryptolifedigital5 Comments

Cryptocurrency

As Part of Vasil Hard Fork, Cardano’s Smart Contracts to Decrease Transaction Size in New Update

The Cardano insight Twitter account stated that the Cardano network will ‌soon present a decreased smart contract transaction size after developers use CIP 31-33 proposals that will go live on Vasil Hard Fork. Read Also: What To understand As Far As P2P Is Concern. https://twitter.com/InsightsCardano/status/1526811482712944641 Cryptocurrency enthusiasts should already be familiar with a mechanism similar to Cardano improvement proposals, which were presented on the Ethereum network and called "Ethereum Improvement Proposals." CIPs are formal, technical communication processes that happen off-chain and are designed to provide information to the Cardano Community. CIPs are not presented as commitments to existing projects on the Cardano blockchain and act ...