Friday, January 27, 2023
Dapps Club
  • Home
  • Cryptocurrency
  • Bitcoin
  • Ethereum
  • Blockchain Guide
  • Litecoin
  • Metaverse
  • Market And Analysis
  • Regulation
  • Top Exchanges
No Result
View All Result
DAPSS CLUB
No Result
View All Result
Home Altcoin

Will Cardano’s Vasil Hard Fork Happen Sooner Than Expected? What Next For ADA Price? – Coinpedia – Fintech & Cryptocurreny News Media

Karel Kašpar by Karel Kašpar
August 27, 2022
in Altcoin
0
Will Cardano’s Vasil Hard Fork Happen Sooner Than Expected? What Next For ADA Price? – Coinpedia – Fintech & Cryptocurreny News Media
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Vasil, the upcoming Cardano hard fork, may happen sooner than anticipated because IOHK and its creator Adam Dean are enthusiastic about it. As a result, the price of Cardano (ADA) soared by more than 3% in just two hours and more than 5% over the course of the last day.

Stake Pool Operators (SPOs) operating the 1.35.3 node currently make up 63% of blocks in the previous 12 hours, according to a recent tweet by Adam Dean. A target of 75% block output on the 1.35.3 node had also been confirmed by IOHK in order to deploy the Vasil hard fork on the cardanoinformation cardano Blockchain Network Followers : 0 View profile mainnet.

Adam Dean, a Cardano engineer, expressed his optimism about the Vasil hard fork happening sooner in a tweet on August 26. The SPOs running the 1.35.3 node are responsible for 63% of the mainnet block generation, according to the 12-hour chart data on PoolTool.

What will happen next?

After the node’s block generation hits 75%, the Vasil hard fork will be implemented on the Cardano mainnet, according to a previous tweet from IOHK. The final node version for the Cardano upgrade will be node 1.35.3, according to developers.

📢 The team at IOG, along with @CardanoStiftung and the wider @Cardano technical community continue to work together to bring the #Vasil upgrade to the #Cardano mainnet. 🙌

Here’s a rollout status as of 25th August 🧵👇

1/13

— Input Output (@InputOutputHK) August 25, 2022

In total, 1.35.3 nodes are running the Cardano mainnet at a 57% rate. Major problems were discovered during the developers’ successful testing of the 1.35.3 node and component integration. However, the backlog currently contains a total of 9 minor defects.

The top 10 DApps must test against node 1.35.3 on the pre-production testnet in addition to at least 25 exchanges updating the node to provide 80% of liquidity before the Vasil hard fork. Several exchanges, including binanceinformation binance [email protected] Centralised Exchange Followers : 0 View profile , have recently announced updating the Cardano node. Additionally, 4 of the top 10 DApps have acknowledged testing with node 1.35.3.

The latest updates to the Cardano price analysis show a comparatively higher degree of bullish momentum. This is made possible by the fact that there is solid support at $0.459. At least for the time being, the majority of altcoins, Bitcoin, and Ethereum are all experiencing corrections. Cardano is simultaneously seeing some encouraging bullish momentum, which is encouraging news for buyers.

Was this writing helpful?





Source link

You might also like

Crypto Analysts Believe These Altcoins Will Explode in Value in 2023 – Find Out Why

Top Crypto Trader Says One Ethereum Rival Could Erupt by 100%, Updates Outlook on Bitcoin and Altcoins

$321 Million Wormhole Hacker is Moving Funds, On-chain Data Shows

Tags: ADACardanosCoinpediaCryptocurrenyExpectedFintechForkHappenHardMediaNewsPricesoonerVasil
Share30Tweet19
Karel Kašpar

Karel Kašpar

Recommended For You

Crypto Analysts Believe These Altcoins Will Explode in Value in 2023 – Find Out Why

by Karel Kašpar
January 27, 2023
0
Crypto Analysts Believe These Altcoins Will Explode in Value in 2023 – Find Out Why

Adobe Stock / LALAKAThe weakening of the US dollar continues to be a concern for many, with the US Dollar Index sliding to a seven-month low after reaching...

Read more

Top Crypto Trader Says One Ethereum Rival Could Erupt by 100%, Updates Outlook on Bitcoin and Altcoins

by Karel Kašpar
January 26, 2023
0
Top Crypto Trader Says One Ethereum Rival Could Erupt by 100%, Updates Outlook on Bitcoin and Altcoins

A popular crypto trader says Ethereum (ETH) rival Fantom (FTM) could double in price while updating his outlooks on Bitcoin (BTC) and two altcoins. Pseudonymous trader Altcoin Sherpa...

Read more

$321 Million Wormhole Hacker is Moving Funds, On-chain Data Shows

by Karel Kašpar
January 26, 2023
0
$321 Million Wormhole Hacker is Moving Funds, On-chain Data Shows

A hacker who stole 120,000 ETH tokens, worth above $321 million at the time, from the Wormhole cross-chain bridge has started moving funds, according to various on-chain analysts....

Read more

Can low market cap altcoins like COTI, INJ and DUSK continue to moon?

by Karel Kašpar
January 26, 2023
0
Can low market cap altcoins like COTI, INJ and DUSK continue to moon?

The recent rally in Bitcoin has caused the total crypto market cap to go from $800 billion to $1 trillion. Low market capitalization altcoins like Coti, Injective and...

Read more

Bitcoin Remains Below $17,000 Price, Several Altcoins See Small Gains: Details

by Karel Kašpar
January 26, 2023
0
Bitcoin Remains Below $17,000 Price, Several Altcoins See Small Gains: Details

Bitcoin opened Thursday with a miniscule gain of 0.21 percent as the crypto market, which has been low on the value scale for nearly a month now, begins...

Read more
Next Post
Cryptocurrency prices: Here are rates of Bitcoin, Ethereum, Dogecoin, Tether

Cryptocurrency prices: Here are rates of Bitcoin, Ethereum, Dogecoin, Tether

Related News

Cryptocurrency Exchange Bitso Launches Interoperable QR Payments in Argentina – Exchanges Bitcoin News

Cryptocurrency Exchange Bitso Launches Interoperable QR Payments in Argentina – Exchanges Bitcoin News

September 24, 2022
Bitcoin SV Price Prediction: Is BSV Ready To Surge To The Moon And Beyond?

Bitcoin SV Price Prediction: Is BSV Ready To Surge To The Moon And Beyond?

January 7, 2023
SBF Defends Crypto Regulation Proposal Against Erik Voorhees By CoinEdition

White House says ‘prudent regulation of cryptocurrencies‘ is needed, hinting at situation with FTX By Cointelegraph

November 10, 2022

Browse by Category

  • Altcoin
  • Bitcoin
  • Blockchain Guide
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Market And Analysis
  • Metaverse
  • News
  • Regulation
  • Top Exchanges

Recent News

Web3 Loyalty Programs Are Catalyst for Good Crypto Policy and Adoption

Web3 Loyalty Programs Are Catalyst for Good Crypto Policy and Adoption

January 27, 2023
FTX opposes new bankruptcy investigation as it probes Bankman-Fried connections

FTX opposes new bankruptcy investigation as it probes Bankman-Fried connections

January 27, 2023
Crypto Analysts Believe These Altcoins Will Explode in Value in 2023 – Find Out Why

Crypto Analysts Believe These Altcoins Will Explode in Value in 2023 – Find Out Why

January 27, 2023

Categories

  • Altcoin
  • Bitcoin
  • Blockchain Guide
  • Cryptocurrency
  • Ethereum
  • Litecoin
  • Market And Analysis
  • Metaverse
  • News
  • Regulation
  • Top Exchanges

Follow Us

Browse By Tags

Altcoin Altcoins analysis Analyst Big Binance Bitcoin Blockchain BTC Buy Cardano Coin Coinbase crypto Cryptocurrency Digital dogecoin ETH Ethereum Exchange Exchanges Eyes FTX Global GUIDE Heres Inu Investors Latest Litecoin LTC MARKET Metaverse News Prediction Price Regulation Risk Shiba Solana Today Token Top Trading week

© 2021 DAPPS CLUB

No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Ethereum
  • Blockchain Guide
  • Litecoin
  • Metaverse
  • Market And Analysis
  • Regulation
  • Top Exchanges

© 2021 DAPPS CLUB

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?