- Cardano Developers share Vasil Hard Fork updates on their Twitter.
- The Twitter thread explains how the Vasil mainnet upgrade needs to be triggered by the Cardano community.
- They further share that the Cardano community has minted over 75% of the mainnet blocks by nodes supporting 1.35.3.
The ambitious Vasil Hard Fork upgrade that is awaited by many exchange platforms has shared a progress update about the launch through a Twitter thread. Cardano Developers Input Output is anticipating the majority of exchanges to start the Vasil integration process this week.
They took to their Twitter to share with the community the progress of the upgrade, as well as information on how it will be triggered. The thread read:
Progress towards to the #Vasil mainnet upgrade continues…
For this upgrade to be triggered, the IOG & @CardanoStiftung teams are tracking three critical mass indicators the community will need to reach before the #Vasil upgrade will be triggered. 🧵
1/9
— Input Output (@InputOutputHK) August 29, 2022
The Input Output and Cardano teams are looking at several mass benchmarks within the community before the upgrade is active. This includes 75% of the mainnet blocks being minted by the final Vasil note supporting 1.35.3. The Cardano SPO community has already been successful in achieving this criterion.
The Cardano developers also observed at least 25 exchanges, representing 80% of ADA’s liquidity, have onboarded the Vasil Hard Fork launch. However, they hope to see a higher number of upgrades by the time of the Vasil launch to satisfy another critical metric which is onboarding more exchanges.
Tagging Bitrue, NDAX.io, and LCX, Input Output confirms that the exchanges are ready for the upgrade while showing support for other exchanges that have begun their Vasil upgrade integration and testing phase.
The thread also reveals that the 10 leading DApps (Decentralised Applications) by TVL have confirmed that they have implemented the 1.35.3 Vasil node candidate during the PreProduction stage, and are prepared for the mainnet.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.