Charles Hoskinson: Vasil hardfork will noticeably increase Cardano performance

Charles Hoskinson: Vasil hardfork will noticeably increase Cardano performance

Charles Hoskinson revealed in a YouTube video review that the hardfork should take place, as previously planned, in a couple of months:

“Many of you know that a major update called Vasil is planned for June. The hardfork will add pipelining support to Cardano, which will give a significant increase in Blockchain performance. We are also planning improvements to the Plutus platform for smart contracts in September”.

John Woods previously said that pipelining on the Cardano network is one of the main Blockchain scaling features for this year. This is a consensus protocol update that will speed up Blockchain issuance.

According to IntoTheBlock, two-thirds of investors in the ADA coin are now losing money. However, analysts hope that with the launch of the Vasil hardfork, the cryptocurrency rate will go up, especially since a large number of decentralized finance applications are waiting for this update to launch.

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Written by Renat
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