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CATEGORY: vasil hard fork


Sep 28, 2022 08:00

All Vasil Features Are Now Live On Cardano (ADA) Following Latest Upgrade

Input Output Global announced that all the features and improvements promised by the upgrade are now live on the blockchain.

Continue reading All Vasil Features Are Now Live On Cardano (ADA) Following Latest Upgrade at DailyCoin.com.

Sep 23, 2022 07:50

Cardano’s Vasil Hard Fork Goes Live – The Significance Of The Upgrade Explained

After suffering multiple delays in June and July, Cardano's long-awaited network upgrade, the Vasil hard fork, has successfully been implemented.

Continue reading Cardano’s Vasil Hard Fork Goes Live – The Significance Of The Upgrade Explained at DailyCoin.com.

Cardano Vasil hard fork upgrade process begins, should you buy ADA now?

Author: noreply@blogger.com (Unknown)
United States
Sep 23, 2022 02:50

Cardano Vasil hard fork upgrade process begins, should you buy ADA now?

The Cardano Vasil Hard fork happened on Thursday, September 22. However, it will finalize once five days pass, on September 27, based on an official announcement by Input Output HK, the developers of Cardano.

Cardano (ADA/USD) is a Proof-of-Stake (PoS) blockchain platform that was founded on peer-reviewed research and was developed using an evidence-based methodology.

Numerous decentralized applications (dApps) that aid in decentralized finance (DeFi) have been developed on top of the network, and even non-fungible tokens (NFTs).

The Vasil upgrade process as a catalyst for growth

When we look at the most recent Cardano news, on September 22, 2022, Input Output HK posted an official explanation surrounding when a hard fork actually occurs and what it actually means.

In a traditional sense, a hard fork means that the current protocol will stop operating as new rules as well as changes get implemented, where the chain restarts.

With Cardano, hard forks are a bit different, as it utilizes the Hard Fork Combinator (HFC) technology to ensure that it can transition to a new protocol version without interrupting or restarting the system.

This way, the Cardano protocol can deal with the old rules and the new ones, and after it is forked, the new rules will be used, and the history of the previous blocks will get fully preserved. 

This means there will not be any chain restart or splitting, and nodes can gradually upgrade, while one history is maintained for all upgrades.

Charles Hoskinson, the co-founder of Cardano and the CEO at Input Output HK, described it as the hardest upgrade the developers have done since the project originally began in 2017.

It will take approximately five days to complete, starting from September 22 to September 27.

Should you buy Cardano (ADA)?

On September 23, 2022, Cardano (ADA) had a value of $0.4580.

ADA/USD Chart By TradingView

To get a better perspective as to what this value point indicates for the overall value as well as the future of the ADA cryptocurrency, we will be taking a look at numerous price points throughout its historical performance.

The all-time high of the Cardano (ADA) cryptocurrency was on September 2, 2021, at a value of $3.09. This means ADA is currently trading $2.632 under its all-time high, or 85% lower.

When we go over its 24-hour performance, Cardano (ADA) had its lowest point of value at $0.446323, while its highest point of value was at $0.477605. This is a difference of $0.031282 or 7%.

Looking at how ADA performed in the span of the last seven days, which will give us a closer indication as to what we can expect in the next four days, we can see that its lowest point was at $0.434967, while its highest was at $0.489312. 

Here, we can see a difference of $0.054345 or 12%.

At a value of $0.4580, Cardano (ADA) represents a solid buying opportunity, as investors might want to buy ADA before it climbs to $0.6, which it can reach by the end of September.

The post Cardano Vasil hard fork upgrade process begins, should you buy ADA now? appeared first on Invezz.



from Cryptocurrency – Invezz

Cardano Vasil upgrade: Holy Fork! It’s live!

Author: Aishwarya shashikumar
Estonia
Sep 23, 2022 10:50

Cardano Vasil upgrade: Holy Fork! It’s live!

Both the Merge and the Vasil hard fork were eagerly awaited by the cryptocurrency community. While the Cardano ecosystem was still working to deploy the Vasil upgrade, the Ethereum network had just finished up and launched the Merge. It should be noted that this improvement was originally planned to happen in July. The Vasil hard […]

Sep 22, 2022 07:55

Vasil Upgrade Ready to Launch as Cardano Meets All “Critical Mass Indicators”

Cardano is now ready to implement the highly anticipated Vasil upgrade, which promises to make the network more scalable.

Continue reading Vasil Upgrade Ready to Launch as Cardano Meets All “Critical Mass Indicators” at DailyCoin.com.

Cardano’s Vasil Ambitious Upgrade Set to Launch

Author: Aishwarya shashikumar
Estonia
Sep 22, 2022 07:15

Cardano’s Vasil Ambitious Upgrade Set to Launch

The Cardano team reports that all three “critical mass indications” required to start the upgrade have now been satisfied, and the Cardano Vasil update is scheduled to happen in less than 24 hours on September 22. Input Output Hong Kong (IOHK), the company that created Cardano, announced on Twitter on September 21 that 13 cryptocurrency […]

Cardano’s ambitious upgrade set to launch

Author: Aishwarya shashikumar
Estonia
Sep 23, 2022 07:10

Cardano’s ambitious upgrade set to launch

The Cardano team reports that all three “critical mass indications” required to start the upgrade have now been satisfied, and the Cardano Vasil update is scheduled to happen in less than 24 hours on September 22. Input Output Hong Kong (IOHK), the company that created Cardano, announced on Twitter on September 21 that 13 cryptocurrency […]

Sep 21, 2022 07:10

Cardano’s New Vasil “Capabilities” Will Become Available On Sept 27

Cardano’s long-awaited Vasil Update is now only a few hours away that is intended to ramp up smart contract capabilities, increase the chain’s throughput and reduce costs. The blockchain R&D firm IOHK, in its latest blog, outlined what one should expect after the hard fork. Vasil is a component of the third development cycle for […]

Sep 19, 2022 07:10

Cardano Charles Hoskinson: “Rocket Is In The Air”

The Cardano network has reached the end of the Vasil update, according to founder Charles Hoskinson in his latest tweet. Hoskinson revealed that a proposal was recently created and acknowledged for the hard fork commentator, which was then successfully authorized in a video that was released to Twitter. He stated that this marks the onset […]

Sep 20, 2022 07:15

Cardano’s Charles Hoskinson: “Rocket Is In The Air”

The Cardano network has reached the end of the Vasil update, according to founder Charles Hoskinson in his latest tweet. Hoskinson revealed that a proposal was recently created and acknowledged for the hard fork commentator, which was then successfully authorized in a video that was released to Twitter. He stated that this marks the onset […]

Sep 19, 2022 07:50

Cardano (ADA) Could Fall To New 20-Month As Crypto Crash Worsens

Cardano is experiencing its biggest single-day drop in two months as the crypto crash wipes off 11% of Cardano's value.

Continue reading Cardano (ADA) Could Fall To New 20-Month As Crypto Crash Worsens at DailyCoin.com.

Sep 20, 2022 11:35

Cardano (ADA) Could Fall To New 20-Month Low As Crypto Crash Worsens

Cardano is experiencing its biggest single-day drop in two months as the crypto crash wipes off 11% of Cardano's value.

Continue reading Cardano (ADA) Could Fall To New 20-Month Low As Crypto Crash Worsens at DailyCoin.com.

Sep 14, 2022 02:35

Cardano’s Net Inflows Hit $400K In A Week-Report

Cardano witnessed a steep spike in its net inflows, a fourfold increase over the course of a week, as per a report published by digital asset management firm CoinShares. The weekly funds flow on the PoS blockchain totaled $400,000 and $14.1 million on a monthly and annual basis, respectively. Exchange inflow is the rate at […]

Cardano’s Vasil Hard Fork Marks Notable Progress

Author: Vignesh Karunanidhi
Estonia
Sep 13, 2022 07:10

Cardano’s Vasil Hard Fork Marks Notable Progress

Input Output, a Cardano developer, has made considerable strides toward the highly awaited Vasil hard fork. A staggering 95% of blocks are now originating from 1.35.3 nodes as of Monday. The network had to proceed with the upgrade in order to meet the 75% requirement, and version 1.35.3 was picked as the last node candidate […]

Sep 09, 2022 07:50

Cardano (ADA) Founder Charles Hoskinson Says He Cannot Change ADA’s Supply Or Force The Vasil Hard Fork

In response to the alleged centralization of Cardano, its founder Charles Hoskinson has explained that does not have the power to force the Vasil hard fork or change the supply of ADA.

Continue reading Cardano (ADA) Founder Charles Hoskinson Says He Cannot Change ADA’s Supply Or Force The Vasil Hard Fork at DailyCoin.com.

Sep 07, 2022 07:50

Eight Leading Exchanges Upgrade Their Systems Ahead Of Cardano’s Vasil Hard Fork

The much anticipated Vasil hard fork for the Cardano chain is closer than ever, with exchanges, decentralized applications (dApps), and stake pool operators (SPOs) all meeting important metrics for the launch.

Continue reading Eight Leading Exchanges Upgrade Their Systems Ahead Of Cardano’s Vasil Hard Fork at DailyCoin.com.

Sep 07, 2022 10:50

Cardano To Arrive In World’s No 1 NFT & DeFi DApp Store

Cardano to soon land in the world’s leading dApp analytics platform DappRadar. Announcing the same via Twitter, the Lithuania-based service, urged developers who are working on Cardano to submit their contracts. “Cardano Dapp developers should submit only bech32 format contracts and treasury accounts where they receive their tokens/fees,” the announcement read. The team also attached […]

Sep 03, 2022 07:15

Cardano’s Vasil Hard Fork Date Has Arrived, Less Than 3 Weeks Away

Cardano founder Charles Hoskinson along with its developer IOG has finally announced the highly anticipated Vasil date on the mainnet. After extensive testing of all core components, and with the community readiness, the release date is set as Sept 22. The upgrade is expected to bring enhancements to Plutus to enable devs to create more […]

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