Charles Hoskinson Gives a New Update on the Vasil Hard Fork

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Altcoins Editors' Choice
Charles Hoskinson Gives a New Update on the Vasil Hard Fork

Cardano’s founder Charles Hoskinson confirms that there will be no further delays with the Vasil Hard Fork. In his latest coverage, he agrees that the blockchain upgrade is in its final testing phase. As such, the community should expect more technical updates in mid-August 2022.

Reasons Behind the Delay

The Vasil Hard Fork was initially scheduled to launch on June 29, 2022. Essentially, this upgrade plans to improve Cardano’s scalability and performance. Vasil Hard Fork could change a few things, including the platform’s programming language, the consensus protocol, and many more. This upgrade makes it a complex procedure since developers have to handle various technical issues.

According to Charles, postponing the release will help Cardano fix any bugs in the system. He ascertains that these technical issues are becoming smaller and manageable. Furthermore, he also clarified that the procedure is moving in the right direction. Thus, the highly anticipated upgrade is now at its final stages as the platform’s developers target a smooth procedure.

The Testnet Launch

The Vasil Hard Fork launched on Cardano’s testnet on July 3, 2022. This stage allows stake pool operators (SPOs), exchanges, and developers to integrate their projects with the hard fork. Integrating projects with the testnet enables developers to have a fluid transition into the mainnet. 

Cardano users will generally experience several benefits once the upgrade reaches the mainnet. For one, Cardano-based DApps will have greater scalability and support faster block creation. Another key advantage is that the upgrade could help increase the ledger’s block size. This aspect helps create more space for transactional data stored in every block. 

Cardano’s New Metaverse World

Cardano is going big on the metaverse concept with Cardalonia, a virtual world built on the Cardano blockchain. Here, users can create and customize digital experiences on a decentralized network. The project is gaining significant attention due to its high usability and uniqueness. It aims to introduce a virtual marketplace where users can trade Cardalonia-based assets. 

In that regard, users can access the market’s land, power-ups, gems, or virtual avatars. Users participating in the Cardalonia game will belong to certain clans with different resource benefits.  The project’s team gives diamond benefits in the form of Easter eggs. Gold benefits are given to royals with additional resources like silver and wood.

There are also wood and food benefits which require users to power up since they will need to go on treasure hunts. Players can either sell or remain with their materials in the metaverse game. 

Users may also drain their energy when they surpass a certain timeframe. This instance could occur when a player is mining a specific object that requires a lot of energy. At this point, Cardalonia implements its native currency (LONIA) by encouraging players to power up their energies with the token. 

As such, the game uses LONIA tokens for power-up repairs and creating new tools. Holding LONIA further allows users to vote and decide on Cardalonia’s future.

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