Cardano Creator Charles Hoskinson Gives Update on Big Vasil Hardfork, Reveals New Timeline

Cardano (ADA) creator Charles Hoskinson provides an update on the highly anticipated Vasil hard fork for Ethereum (ETH) rival blockchain.

In a new video update, Hoskinson says major cryptocurrency exchanges are currently working on new Cardano hard forks and expect more to follow.

So the next major lift is getting exchanges on board. Binance reports that they are currently undergoing an upgrade. Others, such as Kraken and Coinbase, tend to follow suit.

Generally, after the hard fork date is announced, there will be a crowd of people. So when you reach 3-5 of the major exchanges in SPO (Stake Pool Operator) golden 75% and volume, it means that the top 3 or top 5 have been upgraded or are in the process of being upgraded. A hard fork date is set. After that, the rest of the exchanges felt the urgency and started upgrading, otherwise they would be very hard to come by. They tend to need a little push for that. ”

Hoskinson said Cardano developers are making steady progress and the hard fork should be completed at some point in September.

Things are moving very fast. Large-scale testing is still being done by the community and by us. There is a lot of integration work going on behind the scenes, so that infrastructure is all on track. Hopefully we can work with the community to set a date for the hard fork soon.We will have a meeting with the SPO here later

So unless something is discovered or a significant slowdown is encountered elsewhere, that’s what September will look like. “

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