Cardano's Vasil hard fork proposal submitted: Countdown commences

From July 3 the four-week window for application developers and exchanges to test the upcoming Cardano upgrade begins before it's launched onto the mainnet. Cardano (ADA) blockchain developer Input Output Hong Kong (IOHK) has submitted an update proposal to hard fork the Cardano testnet, kicking off the countdown for the network's Vasil mainnet upgrade.The Vasil upgrade is slated to bring “significant performance and capability upgrades” to the blockchain, with IOHK describing the fork as the “biggest and best upgrade to date” providing a higher throughput, improved script performance for developers and lower costs.One of the most significant updates pointed out by the team is the implementation of diffusion pipelining aimed at improving the blockchains' scalability for decentralized applications (DApps).The update will allow faster block creation as they can be transmitted without full validation.If everything goes smoothly, the upgrade to the testnet will take place July 3, with the mainnet upgrade scheduled for roughly around the end of July.

No flexing for Bitcoin Cash users as BCH loses 98% against Bitcoin

Amid controversy surrounding major supporter Roger Ver, the Bitcoin hard fork plumbs new depths in BTC terms. Bitcoin (BTC) has hit new record highs this week — not in US dollar terms, but against its longtime competitor, Bitcoin Cash (BCH).Data from Cointelegraph Markets Pro and TradingView confirms that on June 29, BCH/BTC officially set its lowest ever price.CoinFLEX debacle ensnares BCH supporter VerBitcoin Cash, also known as “Bcash” by those critical of the coin’s ethos and future, gained notoriety in 2017 when it became the first major hard fork of the Bitcoin network to take on BTC itself.Months after launching, the altcoin hit highs of around 0.43 BTC per token, this proving something of a fakeout for investors who have spent the intervening period watching its value steadily decline.Arguably the most vocal BCH supporter, entrepreneur Roger Ver, has nonetheless continued to tout its supremacy over Bitcoin, with price woes having little impact on his rhetoric.This month, however, Ver courted controversy when reports emerged that he owed $47 million in stablecoin USD Coin (USDC) to crypto investment platform CoinFLEX.Ver denies the claims, with a social media storm ensuing which is ongoing this week.

Can Cardano's July hard fork prevent ADA price from plunging 60%?

ADA's price is above a key technical support level in the days leading up to the major Cardano upgrade. Cardano (ADA) has started painting a bearish continuation pattern on its longer-timeframe charts, raising its likelihood of undergoing a major price crash by August.ADA price in danger of a 60% plungeDubbed the "bear pennant," the pattern forms when the price consolidates inside a range defined by a falling trendline resistance and rising trendline support after a strong move downside.

Cardano Vasil Hard Fork Postponed to Allow for More Testing

A The Input-Output Global (IOG) team has said it will postpone sending the Vasil hard fork update proposal because it still needs to solve seven outstanding bugs that are currently ranked as non-severe.

'Disappointing': Cardano devs delay Vasil hard fork by a month

While IOHK admitted the news was disappointing, the firm stated it is taking an “abundance of caution” to ensure the Vasil upgrade is implemented correctly.

Cardano Vasil Hard Fork Launch Date Set, Time To Buy The News?

The highly anticipated Vasil Hard Fork on the Cardano network has been rescheduled.

Cardano Vasil Upgrade Postponed, New Timeline Revealed

Input-Output Global (IOG) has announced postponing the highly anticipated Vasil hard fork.

Cardano [ADA] on-boarding solidity-based apps will have this effect on the network

As the date for the launch of its long-awaited Vasil Hard Fork draws nearer, the software company behind the Cardano Project, Input-Output Global (IOG), yesterday announced the launch of its permissioThe post Cardano [ADA] on-boarding solidity-based apps will have this effect on the network appeared first on AMBCrypto.

Will The Vasil Hard Fork Trigger A Cardano (ADA) Bull Run?

Cardano has been looking towards its most recent hard fork titled the Vasil Hard Fork.

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Cardano (ADA) Grows 20% In One Week, Will It Hit $1 Amid ‘Vasil’ Launch?

Considering the launch of the most anticipated hard fork on the Cardano blockchain, dubbed ‘Vasil,’ investors expect more growth for the crypto project in near future.

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Cardano [ADA] may have a 28% rally in store, only if...

The sixth-largest cryptocurrency by market capitalization is preparing itself for the second biggest update in its history after the Alonzo hard fork.

Crypto Analyst Says Cardano Decoupling From Other Assets As ADA Breaks Out Ahead of Hard Fork

A closely followed financial analyst says Cardano (ADA) is deviating from other crypto assets as the price of the altcoin surges.

Cardano Spikes as Supporters Anticipate Vasil Hard Fork, Poll Shows ADA Expected to Hit $1 by the End of June

During the last seven days, the cryptocurrency cardano has increased in value by 17.3% against the US dollar, as the community anticipates the upcoming Vasil hard fork, an upgrade that aims to improve the network’s throughput and enhance smart contract capabilities.