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

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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.

In theory, these upgrades are designed to reduce the size of transactions, therefore increasing the network’s throughput and lowering transaction fees on the network.

This latest upgrade is set to introduce four network improvements dubbed “CIP31, CIP32, CIP33, and CIP40.

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Article Details

Author / Journalist: Cointelegraph By Brian Quarmby

Category: Crypto

Topics: ADA IOHK Charles Hoskinson Vasil hard fork Cardano

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-22, 02:34:18

News Timezone: GMT -5:00

News Source URL: cointelegraph.com

Language: English

Reading Time: 3 minutes read

Article Length: 396 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 2742

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About Coin Telegraph

Main Topics: Crypto

Official Website: cointelegraph.com

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Year Established: 2013

Headquarters: United States

News Last Updated: 11h ago

Coverage Areas: United States

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Publication Timezone: GMT -5:00

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Publisher ID: #11

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