The Cardano (ADA) Vasil update, which has been delayed for months, will take place tomorrow if there are no technical problems. So what is the Vasil update and what will it change? You can find all the details in this article.
The Vasil update, which has been delayed many times since July, is scheduled to go live tomorrow. Updates, described as hard forks, often represent a blockchain keeping pace with developments and taking it to a technologically advanced level. Hard forks make a permanent difference in the blockchain over the previous version of the network. Described as the biggest and best upgrade to date, Vasil is more for developers, according to the team’s statement. higher throughput, improved scripting performance and lower costs will provide.
At this point, Cardano Vasil update 3 critical points attracts the attention of investors:
Increase in processing speed
Vasil update already 20 seconds It aims to increase the average transaction speed, which is Thanks to Vasil Plutus v2 Developers who will have access to the software language will have the chance to store data, confirm transactions and give references more quickly. With this update trading volume will be optimized and the compatibility of the blockchain will also increase.
Concurrency problem will be reduced
Vasil update, Cardano in decentralized applications (dApp) scaling capacity It will also largely eliminate the problem of simultaneity, which significantly reduces it. About 2,000 decentralized applications For Cardano, this innovation will be a revolutionary step in terms of scaling.
Transaction fees will decrease
Currently, on average, a transaction made on the Cardano network $0.15 requires. After the Vasil update, it is planned to reduce the transaction size on the network. In this way, the network, which will become more efficient and useful, will allow transactions with lower fees.