Advertisement
AD

Main navigation

Charles Hoskinson: Here's What Effect Cardano's Vasil Upgrade Has Now

Advertisement
Fri, 23/09/2022 - 9:32
Charles Hoskinson: Here's What Effect Cardano's Vasil Upgrade Has Now
Cover image via www.youtube.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

Founder of Cardano and IOG Charles Hoskinson has taken to Twitter to share a positive comment on the Vasil upgrade that took place on Sept. 22 on the Cardano chain.

Advertisement

Twitter account @projectNEWM, a project that is building a music streaming marketplace for artists and music fans, has posted a tweet sparkling with enthusiasm and praising the implementation of the Vasil hard fork on Cardano that has finally taken place.

The tweet says that they had been looking forward to the upgrade since, now, they can deploy smart contracts on it. Vasil, according to the person behind the Twitter account, will make deploying smart contracts more efficient and cheap.

Hoskinson commented that he has seen "hundreds of tweets like this one," adding that a great deal of projects are excited to build on Cardano now.

So far, the first upgrade has taken place; Vasil occurred at epoch 365 on Sept. 22 at 9:45 p.m. (UTC). The second one, Plutus V2 Cost Model network upgrade, will be rolled out on Sept. 27 at 9:45 p.m. (UTC). That will be epoch 366.

Vasil will implement a new version of Plutus, Cardano's native program language for smart contracts.

Related
Shiba Inu Developer Shares New Details About Burning SHIB with Profits from Game

Prior to the time of the Vasil implementation, ADA soared back into the top 10 list of the most-purchased assets on the BNB Chain for the largest 100 BSC whales, according to WhaleStats data.

At press time, Cardano's native token ADA is changing hands at $0.4626, per data provided by CoinMarketCap.

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement

Latest Press Releases

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

Popular articles

Advertisement
AD