The Cardano Vasil hard fork has been pushed back again as the developers seek to ensure a smooth transition for the community. The upgrade was originally scheduled to take place within a month. But Input Output Global (IOG), the company undertaking the research and development of Cardano, released a YouTube updateannouncing that the hard fork has been postponed.
Developers want a smooth transition
Kevin Hammond, CTO of IOG, said the hard fork has been postponed to ensure all parties such as API developers and exchanges are ready for the upgrade.
“Obviously, from where we are, there could be a few more weeks before we go to the Vasil hard fork,” he said. Hammond added that the process is comprehensive and all users should go through the process to ensure the transition is smooth and simple.
He said that the IOG has been trying to fix some testnet issues as it progresses with Cardano node version 1.32.2. After the patch, the new version of Node fixed issues related to stake pool operators, internal testing, decentralized application (DApp) developers, and other issues identified on the testnet.
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Hammond said he would completely eliminate all endgame issues before Vasil’s hard fork. He added that the idea is to try to resolve any issues that may arise after the upgrade to ensure that the transition goes smoothly.
ADA price shows some volatility
In anticipation of the upgrade, the Cardano (ADA) price has seen some level of volatility in the market. It has gained over 7% in the last 24 hours and is now trading at $0.537 at the time of writing. The crypto asset has jumped 21% in the past two weeks, based on data from CoinGecko.
The Vasil hard fork will be the biggest upgrade to the Cardano system since the Alonzo hard fork in September 2021. Many enthusiasts have called the upcoming hard fork a “game changer” in the history of the platform. Expectations for the upgrade are high, including improved scalability and network speed. It will also make it easier and feasible for DApps and smart contracts.