Advertisement
AD

Main navigation

Cardano Among Top 3 Actively Developed Projects as Vasil Nears: Details

Advertisement
Sat, 3/09/2022 - 16:12
Cardano Among Top 3 Actively Developed Projects as Vasil Nears: Details
Cover image via www.freepik.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Read U.TODAY on
Google News

Cardano is currently in the top three actively developed projects for the week, with 490 Github contributions. Although development activity has little to no effect on short-term market prices, it could be a positive sign of the project's long-term development. According to a prior report by U.Today, Cardano was the most developed asset in 2021.

Advertisement

The Vasil hard fork, Cardano's major update, is anticipated to launch this month. Vasil Dabov, a late Bulgarian mathematician and well-known figure in the Cardano community, is honored by having the upgrade bear his name. Following successful completion and extensive testing, Vasil's mainnet launch date has been set for Sept. 22 by Cardano's developer, Input Output.

Related

Charles Hoskinson, the creator of Cardano, also announced the date, which led to excitement in the community. As usual, skeptics were quick to point out that Vasil might experience another delay, which the Cardano creator strongly rebuffed. During a livestream early last month, Hoskinson mentioned he was not anticipating any further delays to the mainnet hard fork launch.

According to the readiness metrics being monitored by IOG, the Vasil node 1.35.3 has produced 87% of the mainnet blocks. While Binance was significantly closer to completing its integration, MEXC and Bitrue exchanges had indicated Vasil's readiness.

AscendEX, NDAX and Dex-Trade exchanges are also ready for Vasil, as a number of other exchanges are in the process of updating their nodes. Additionally, 70% of dApps reported positive results from preproduction testing.

Cardano's IOG expounds on partnership with Stanford University

According to U.Today, Input Output announced its collaboration in the field of blockchain research by funding a new $4.5 million "Blockchain Research Hub" at Stanford University, one of the top centers for research and higher learning in the world.

Related

This "Blockchain Research Hub" will adopt a multidisciplinary approach and give researchers the chance to work with the blockchain industry, expanding the body of knowledge and perspectives on blockchain technology, as stated in a blog post.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD