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

Sat, 09/03/2022 - 16:12
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Tomiwabold Olajide
Vasil's mainnet launch date set for Sept. 22
Cardano Among Top 3 Actively Developed Projects as Vasil Nears: Details
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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.

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.

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Here's When Cardano's Vasil Upgrade Will Take Place

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.

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Uniswap, Solana and Cardano Among Three Fastest-Growing Assets: Santiment

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.

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About the author

Tomiwabold is a cryptocurrency analyst and an experienced technical analyst. He pays close attention to cryptocurrency research, conducting comprehensive price analysis and exchanging predictions of estimated market trends. Tomiwabold earned his degree at the University of Lagos.