Hong Kong county Ada blockchain Cardano Upgrade Hong Kong county Ada

Cardano Vasil upgrade ready with all ‘critical mass indicators’ achieved

Reading now: 781
cointelegraph.com

The Cardano Vasil upgrade is set to take place in less than 24 hours on Sept. 22, with the Cardano team noting all three “critical mass indicators” needed to trigger the upgrade are now met.A Sept.

21 update on Twitter by the company behind Cardano, Input Output Hong Kong (IOHK) states within the last 48 hours 13 cryptocurrency exchanges had confirmed their readiness for the hard fork, representing over 87% of Cardano’s (ADA) liquidity.With this latest addition we have met all 3 critical mass indicators: 39 exchanges upgraded (87,59% by liquidity)Over 98% of mainnet blocks are now being created by the Vasil node (1.35.3)The top Cardano #DApps by TLV have confirmed they have tested and are readyOf the top exchanges for ADA liquidity, Coinbase is the only exchange listed as “in progress” regarding its integration status, according to an ecosystem readiness page by IOHK.However, a recent tweet by Coinbase has already hinted it will support the fork, saying ADA transactions will be halted for maintenance “for the Cardano Vasil hard fork.”Originally intended for a June launch, the Vasil upgrade has seen its launch day twice rescheduled, most recently due to a bug discovered in Cardano’s prior node version which created incompatibility issues.With an updated Vasil node in place, over 98% of mainnet blocks are now being created by the updated nodes, while the blockchain's top decentralized applications (DApps) have also confirmed their readiness, marking all three metrics needed for the upgrade go-ahead.

Hey #Cardano $ADA users!We're ready for the @Cardano Vasil upgrade tomorrow No downtime is expected or further actions required, sit back, relax and enjoy the upgrade‍♀️Any Comment Onwards!News of the upgrade has seen social

Read more on cointelegraph.com
The website financemag.cash is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA