Here’s What’s New With Ongoing Vasil Hard Fork

according to Weekly development report Prepared by Cardano’s IOG, work continues on the Vasil hard fork. IOG reports the work done by the Cardano team on improving the node and the subsequent release of a new node v.1.35.3-rc1 to support Vasil testing on devnet.

We publish a weekly magazine every Friday #cardano Development update. Find out more about what the IOG development team has been working on this past week https://t.co/iVT0ZL1GhO

input output (@InputOutputHK) August 5, 2022

Additionally, a new dedicated pre-production environment was spun up for the final stage of Vasil functional testing, he said. Developers, SPOs, and exchanges were encouraged to use this environment instead of the main Cardano testnet, as this new environment offers increased chain density and a better developer experience.

On July 3rd, the IOG team hard forked the Cardano testnet to incorporate Vasil functionality. After the announcement of the testnet hard fork, development continued on the first node v.1.35.0. After the bug was discovered, the IOG team moved on to work on Node v.1.35.1 and v.1.35.2.

As reported by U. Today, Cardano founder Charles Hoskinson mentions the new Node v.1.35.3 as a likely candidate for a hard fork while making a brief comment on Vasyl. “Unless something new comes to light, we don’t anticipate any further delays,” Hoskinson added.

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Development of the Plutus contract continued ahead of the Vasil mainnet launch, which we expect to include three specific improvements to the Plutus v1 script. Plutus evaluator speed improvements, updated cost model parameters, and other input datums and redeemers.

According to IOG, the Plutus team has updated the Plutus tools to Node v.1.35.3-rc1 and the Plutus contract emulator, allowing Babbage transactions for a week.

Cardano Native Assets Reach 5.7 Million

IOG released the latest statistics on the Cardano network in its weekly development report. There are currently 1,048 projects built on Cardano, with 93 recently started on Cardano. Cardano native tokens are 5.7 million and Plutus scripts are currently at 3,024. Github commit count was also 2,683.

That week, a monthly summary of on-chain statistics for July was released by the Cardano Foundation. The number of on-chain transactions he has increased to 47 million and the number of Cardano wallets he has officially reached 3.5 million. ADA was trading at $0.51, up 1.21% over the past 24 hours. coin market capitalization data.