The development company behind the Cardano network, Input-Output Global (IGO), announced that the highly-awaited Vasil hard fork is successfully launched on the Cardano testnet.
According to the IOG team, the Vasil upgrade will significantly improve the Cardano network’s performance and capabilities.
The Vasil upgrade range from increased throughput via diffusion pipelining to a better development experience via significantly enhanced script performance, efficiency, and lower costs.
The Vasil upgrade will also feature enhancements to Cardano cryptographic primitives allowing for improved interoperability with other blockchains, a tweaked Plutus interpreter, and a new cost model, all of which are part of Plutus V2 scripts.
SPOs, developers, and exchanges are asked to begin their final testing and integration process by the IGO team.
As Vasil is complicated, projects must check for backward compatibility, and SPOs must make certain scripting changes.
Currently, the community has requested a 4-week period following the testnet hard fork to allow SPOs, devs, and exchanges to test and update before triggering the actual Cardano mainnet hard fork.
During this whole journey, the Cardano Foundation and IOG team will collaborate closely with exchanges and DApp/tool developers.
The team will submit an updated proposal to upgrade the Cardano mainnet to Vasil as soon as they are satisfied that ecosystem partners are ready.
One of the primary features that developers plan to introduce in the current Basho phase of the blockchain’s development is interoperability with Cardano sidechains, and Vasil will make this functionality possible.
Cardano’s fourth development stage, Basho, is focused on scaling. It will be followed by Voltaire, in which governance will be the primary concern.
“The Vasil upgrade is the most ambitious program of work we’ve undertaken. And the whole community is involved. Our prime concern is ensuring we manage this upgrade in a way that is safe and secure,” IGO added.
Compiled by Coinbold