Big news for Cardano: An upgrade that will change everything?

While the Cardano (ADA) is highly criticized by the blockchain community for its inactivity for many months. An excellent news has just appeared that could change everything for this blockchain.

In fact, a The update was released on Thursday, September 22, 2022. But how long will it last and what does it consist of? Let’s find out in this blog post.

An improvement long awaited by the ADA community.

While its share price is at an all-time low with its ADA token at $0.45The blockchain Cardano (ADA) has just released an update that could change a lot of things.

Last night, Cardano released the “Vazil hard fork“. This update will last for 5 days (until September 27) and is expected to significantly improve its performance and scalability.

The #Vasil The upgrade is the most ambitious work program we have ever undertaken. Today is the culmination of months of hard work, not only for IOG & @CardanoStiftung teams, but for the entire community.
3/5

— InputOutputHK (@InputOutputHK) September 22, 2022

This is what was communicated last night on the Input Output twitter account Vasil is the most ambitious work program we have ever undertaken. Today is the culmination of months of hard work, not only for the Input Output and Cardano Foundation teams, but for the entire community.

What will this upgrade mean for the Cardano network?

We just saw how long this update will last, now let’s see what it will do specifically:

• Improved performance and capacity.

• Improved experience for DApp developers.

• Optimization of smart contract capabilities.

In conclusion

This update, which was originally expected in June, is great news for this blockchain. Following the announcement, the ADA token had a. peak of $0.48 and then fell back to $0.4565 at the time of writing.

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