Input Output Global (IOG, formerly IOHK), the development lab of Cardano (ADA), has postponed for one month the Vasil upgrade for the Cardano blockchain, citing multiple bugs that need to be eliminated and giving it more time for testing.
As per a blog post from Nigel Hemsley, head of delivery and projects at IOG, the Vasil hardfork was “very close” to being complete and deployed on June 20, but it was decided to halt it as there are still at least seven non-severe bugs to be fixed:
Most Important Upgrade Since Alonzo
Vasil is one of the most important upgrades for the Cardano blockchain since the Alonzo hardfork, as it will introduce several improvements on the network that will scale throughput and reduce transaction fees.
The IOG engineering team is extremely close to finalising the core work, with just seven bugs still outstanding to complete the hard fork work, with none currently ranked as ‘severe’. After some consideration, we have agreed NOT to send the hard fork update proposal to the testnet today to allow more time for testing.IOHK blog post
Once the testnet undergoes the hardfork, developers must meet with Cardano’s decentralised application development community to “carry out any required integration and testing work” before the launch date in late July.
Institutional demand for Cardano has doubled in 2022, according to intelligence firm IntoTheBlock, and the number of on-chain transactions has increased remarkably.
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