Cardano's long-awaited Vasil upgrade draws 'ever closer,' according to Input Output Hong Kong, who's just given a 'rollout status' of the impending hard fork.
IOHK also noted that one of the world’s largest exchanges, Binance, has reportedly upgraded their Cardano nodes to the latest version. The firm has been targeting roughly 25 exchanges to upgrade their nodes, as it would account for approximately 80% of its native token's total liquidity.
Regarding its mainnet decentralized applications , IOHK confirmed that they’ll continue to stay close to many of the DApp teams on Cardano, with four out of 10 already confirming they are actively testing against node 1.35.3 on the pre-production testnet. IOHK also shared that no new bugs have been identified, leaving nine minor bugs still to be dealt with — none of which will cause an unintended hard fork.The long-awaited Vasil upgrade is aimed at reducing transaction size and allowing for more network activity while lowering costs.was released by IOHK on May 19 which planned for a hard fork on Jun. 29, the Vasil upgrade has been plagued by delays while developers ensure the network transition proceeds smoothly.
Charles Hoskinson, co-founder of Cardano, recently responded to criticism about the upgrade being rushed. He suggested that they could delay the launch for months to retest the code which has already been tested and running, but the DApp developers would not see this as worthwhile given they have waited so long already.
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