Heres Whats Coming for Cardano (ADA) After Big Vasil Upgrade, According to Creator Charles Hoskinson

Cardano (ADA) creator Charles Hoskinson reveals next step for Ethereum (ETH) rival blockchain after highly anticipated Vasil upgrade.

Hoskinson in the new video Confirm Release date for the Vasil hard fork, an upgrade aimed at increasing Cardano’s scalability.

This is one of the longest and probably the most difficult updates we have ever had to do as an ecosystem. It’s the magic and power of the Cardano ecosystem.”

As Vasil’s big update rolls out, Hoskinson said Cardano will continue to evolve.

Going forward, there will be a big retrospective on how we can do things better. We will also look at the current state of Cardanos overall architecture and how we can take Cardano to the next level to be more convenient, portable, and There will be deep conversations about how we can make it more accessible, scalable, and better for everyone.

Many CIPs (Cardano Improvement Proposals) are coming. Some of his CIPs are related to Voltaire and governance. Some CIPs [are] Something to do with basho and scalability, there’s a lot of cleanup that needs to be done when we take over from a single steward role to a member-based organization and join you guys in that role. is the true meaning of

The creators of the smart contract platform also say that the Vasil upgrade brings Cardano closer to its ultimate goal.

It is becoming more clear that the distance between us and others is growing. We built Cardano as the worlds financial operating system. We built it to bank people, we built it as a community that gives economic identity to people who don’t have one, so we can have one global fair marketplace.It’s a crazy mission. And while the scope feels vast, it feels much more achievable with Vasil scheduled for September 22nd.

At the time of writing, Cardano is trading at $0.47, up nearly 6% for the day.

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