Cardano Founder Announces New Hard Fork Date For Vasil


Charles Hoskinson of Cardano has revealed a revised schedule for the Vasil Hard Fork update.

Charles Hoskinson, the creator of Cardano, has given additional information regarding the highly awaited Vasil hard fork update. The co-founder of IOHK has disclosed that the next hard fork might be launched as early as September 2022.

Charles Hoskinson outlined a revised timeframe for the planned Vasil Hard Fork upgrade in a new video update, stating that the update might be launched as early as September 2022 provided the team encounters no more bugs or hurdles.

So it appears like we’ll be there in September. That is unless we stumble onto anything unexpected or have a significant delay. Hoskinson later shared, “it seems like some time in September,” unless anything is found or significant delays occur. Hoskinson later shared Later, Hoskinson said, “September seems likely unless something is uncovered, or we encounter a significant delay elsewhere.”

Earlier, the IOHK team provided an update on the Vasil hard fork through Twitter, stating that the network is present in the process of onboarding exchanges. According to IOHK, over 40 percent of SPOs have been updated. The thread also revealed that the cryptocurrency market Binance has already begun updating its nodes in preparation for the forthcoming split.

Hoskinson said in the video update that major exchanges like Kraken and Coinbase had upgraded 30–40% of the overall Cardano volume after Binance.

Getting the exchanges on board is the next big hurdle. Binance reports that they are in the process of upgrading. I estimate that they constitute between 30 and 40 percent of Cardano’s transaction volume. In addition, Kraken, Coinbase, and the like tend to follow suit. 

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