Cryptocurrency News

Cardano’s VASIL Hard Fork To Add Immense Amount of Utility

2022.05.26 17:51

Cardano’s VASIL Hard Fork To Add Immense Amount of Utility
Cardano’s VASIL Hard Fork To Add Immense Amount of Utility

  • Some believe that the Vasil upgrade will push Cardano to new heights this summer.
  • The VASIL hard fork will be implemented in Cardano to provide a huge amount of utility.
  • VASIL will increase the block-size limit to fit more transactions per block.

The Cardano and Plutus smart contract platforms, which are both based on ADA, are set to get a major boost in June with the debut of the Vasil hard fork.

The Cardano development team is seeking innovative scaling methods just like every other popular blockchain. Ethereum, with its scaling difficulties, is looking to layer two solutions, such as Optimism and Arbitrum. These protocols may potentially scale Ethereum to hundreds of thousands of transactions per second.

Cardano is planning to scale its base protocol through sharding without compromising decentralization or security. The VASIL hard fork will be a major milestone in Cardano’s scaling …

Continue reading on CoinQuora

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 104,964.12 1.96%
ethereum
Ethereum (ETH) $ 3,866.75 3.56%
xrp
XRP (XRP) $ 2.55 5.32%
tether
Tether (USDT) $ 1.00 0.08%
bnb
BNB (BNB) $ 715.95 1.05%
solana
Solana (SOL) $ 216.89 4.27%
dogecoin
Dogecoin (DOGE) $ 0.385546 5.17%
usd-coin
USDC (USDC) $ 1.00 0.04%
staked-ether
Lido Staked Ether (STETH) $ 3,863.83 3.43%
cardano
Cardano (ADA) $ 1.03 6.65%
tron
TRON (TRX) $ 0.27187 8.39%
avalanche-2
Avalanche (AVAX) $ 46.54 7.93%
chainlink
Chainlink (LINK) $ 27.28 4.04%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,592.71 3.49%
shiba-inu
Shiba Inu (SHIB) $ 0.000026 5.90%
the-open-network
Toncoin (TON) $ 5.70 7.24%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 104,618.03 1.96%
sui
Sui (SUI) $ 4.52 6.55%
stellar
Stellar (XLM) $ 0.434347 4.81%
polkadot
Polkadot (DOT) $ 8.21 7.77%
hedera-hashgraph
Hedera (HBAR) $ 0.298979 2.62%
weth
WETH (WETH) $ 3,867.70 3.56%
bitcoin-cash
Bitcoin Cash (BCH) $ 522.61 3.92%
uniswap
Uniswap (UNI) $ 15.93 2.73%
hyperliquid
Hyperliquid (HYPE) $ 27.29 1.91%
pepe
Pepe (PEPE) $ 0.000021 9.13%
litecoin
Litecoin (LTC) $ 117.88 1.38%
leo-token
LEO Token (LEO) $ 9.55 1.19%
near
NEAR Protocol (NEAR) $ 6.22 9.98%
wrapped-eeth
Wrapped eETH (WEETH) $ 4,092.53 3.22%
aptos
Aptos (APT) $ 12.77 8.24%
bitget-token
Bitget Token (BGB) $ 4.40 12.78%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.00%
internet-computer
Internet Computer (ICP) $ 11.91 7.07%
aave
Aave (AAVE) $ 372.67 0.19%
usds
USDS (USDS) $ 1.00 0.00%
crypto-com-chain
Cronos (CRO) $ 0.18501 4.52%
ethereum-classic
Ethereum Classic (ETC) $ 31.74 6.07%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.555583 7.24%
vechain
VeChain (VET) $ 0.053792 8.51%
render-token
Render (RENDER) $ 8.34 7.83%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.57 7.72%
monero
Monero (XMR) $ 216.31 1.43%
mantle
Mantle (MNT) $ 1.18 4.54%
arbitrum
Arbitrum (ARB) $ 0.927143 7.73%
mantra-dao
MANTRA (OM) $ 4.07 3.34%
bittensor
Bittensor (TAO) $ 524.20 3.32%
filecoin
Filecoin (FIL) $ 6.07 7.97%
whitebit
WhiteBIT Coin (WBT) $ 25.02 0.70%
fantom
Fantom (FTM) $ 1.28 8.51%