💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

Cardano’s IOG Gives Updates on Vasil Hard Fork Development

Published 07/25/2022, 10:02 AM
Updated 07/25/2022, 10:30 AM
Cardano’s IOG Gives Updates on Vasil Hard Fork Development
ADA/USD
-

  • Cardano’s IOG releases updates on the Vasil hard fork.
  • The report stated that node v.1.35.2 was being worked on by the node, ledger, and consensus teams.
  • Improvements and bugs detected in earlier node versions during Vasil testing are also included in this report.

The IOG developers performed a hard fork on the Cardano testnet on July 3 to implement Vasil’s capabilities. After a few weeks, the company provided an update/development report on the testnet. The report stated that node v.1.35.2 was being worked on by the node, ledger, and consensus teams at the time of this writing. Improvements and bugs detected in earlier node versions during Vasil testing are included in this release.

Lace’s desktop application was also built up for Electron end-to-end testing by the developers. The team made progress on mapping the address attribute of the ObservableWallet instance given by the Cardano-js-sdk with the data from the Cardano-wallet back-end.

Both the ledger interoperability around new pricing models and the debugging experience for scriptwriters were areas of focus for the team as they sought to improve both areas.

They made progress on the PAB memory use optimizations while synchronizing with mainnet and testnet setups, published plutus-apps version 0.1.0, and worked on modifying the plutus-contract emulator to allow Babbage transactions, releasing plutus-apps version 0.1.0.

The group developed a smoke test that was only partially automated and successfully executed in both the Vasil testnet and the devnet settings. In the end, they carried on with the process of improving the documentation and fixing the bugs.

Recall that Vasil hard fork was originally scheduled to go live in June, but was postponed to the end of July for several problems. Increases in block generation time and transaction processing speed are predicted as a result of the hard fork on the Cardano network. Because of the increased network efficiency, this update might spur more use of ADA.

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.