{"id":24938,"date":"2022-09-23T14:38:56","date_gmt":"2022-09-23T09:08:56","guid":{"rendered":"https:\/\/coinswitch.co\/switch\/?p=24938"},"modified":"2022-09-23T14:38:56","modified_gmt":"2022-09-23T09:08:56","slug":"vasil-upgrade-live-on-mainnet","status":"publish","type":"post","link":"https:\/\/coinswitch.co\/switch\/news\/vasil-upgrade-live-on-mainnet\/","title":{"rendered":"Vasil upgrade live on mainnet, all eyes on 27 Sept"},"content":{"rendered":"

After months of deliberation and delays<\/a>, Cardano\u2019s Vasil upgrade is finally live on the mainnet. The upgrade officially went live<\/a> on Friday, 23 September 2022, at 3.14 am IST.<\/p>\n

The Vasil upgrade had been rescheduled multiple times due to compatibility issues.<\/p>\n

Despite the delays, the entire Cardano community has been waiting for the Vasil upgrade with bated breath because of how much change it brings in. It makes the ecosystem faster, more secure, and a lot better in terms of user experience.<\/p>\n

Up next: Plutus<\/h2>\n

Now with the Vasil upgrade out of the way, the new version of Plutus, Cardano\u2019s scripting language, is scheduled to make its debut with a follow-up upgrade on 27 September 2022.<\/p>\n

This second upgrade will make Cardano more receptive to hosting complex dApps and DeFi protocols. The new Plutus version will also upgrade Cardano smart contracts, bringing in greater efficiency and transaction affordability for BUIDLers.<\/p>\n

The Final Frontier: Hydra<\/h2>\n

Once Plutus comes in, Cardano\u2019s is likely to shift its focus to its Layer-2 solution, Hydra<\/a>.<\/p>\n

Cardano is a Layer-1 blockchain. Layer-1 blockchains like Cardano are self-sufficient and can verify transactions on their own, but they do need some help with improvements. That\u2019s what Layer-2 blockchains built on top of them are there for. Cardano has been working on its Layer-2 scaling enhancement for some time now.<\/p>\n

Even though no launch date has been set, IOHK, the body behind Cardano, aims at an early 2023 release.<\/p>\n

The Vasil upgrade aims to make Cardano faster via concurrent smart contract execution, while the upcoming Hydra upgrade will focus on processing Cardano transactions off-chain.<\/p>\n","protected":false},"excerpt":{"rendered":"

After months of deliberation and delays, Cardano\u2019s Vasil upgrade is finally live on the mainnet. The upgrade officially went live on Friday, 23 September 2022, at 3.14 am IST. The Vasil upgrade had been rescheduled multiple times due to compatibility issues. Despite the delays, the entire Cardano community has been waiting for the Vasil upgrade […]<\/p>\n","protected":false},"author":76,"featured_media":24939,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[7701],"tags":[6467,6536],"class_list":["post-24938","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto","tag-news"],"acf":{"json_ld_schema":"\n[{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"@id\":\"https:\/\/coinswitch.co\/switch\/us-stocks\/wall-street-jottings\/#FAQPage\",\"headline\":\"Wall Street jottings: A personal, guided tour to investing in US stocks\",\"keywords\":\"Personal Guide, US Investing, \",\"datePublished\":\"2022-07-22T13:28:55+05:30\",\"dateModified\":\"2022-09-19T19:04:28+05:30\",\"dateCreated\":\"2022-07-22T13:28:55+05:30\",\"author\":{\"@type\":\"Person\",\"name\":\"Ananda Banerjee\",\"description\":\"Ananda Banerjee is a creative copywriter at heart, a technical writer by profession, and a multifarious Web 3.0 creator in his leisure time. An ever-curious crypto connoisseur, he believes endless reading and purposeful learning are the keys to written and verbal specificity.\",\"url\":\"https:\/\/coinswitch.co\/switch\/author\/ananda-banerjee\/\",\"sameAs\":[\"A_B_boying\",\"https:\/\/www.linkedin.com\/in\/ananda-banerjee\"],\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/acf35d8cc57009e7786c2fbd6b587f8d?s=96&d=mm&r=g\",\"height\":96,\"width\":96}},\"image\":[{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/coinswitch.co\/switch\/us-stocks\/wall-street-jottings\/#primaryimage\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings.jpg\",\"width\":\"1800\",\"height\":\"1080\"},{\"@type\":\"ImageObject\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings-1200x900.jpg\",\"width\":\"1200\",\"height\":\"900\"},{\"@type\":\"ImageObject\",\"url\":\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2022\/07\/Wall-Street-Jottings-1200x675.jpg\",\"width\":\"1200\",\"height\":\"675\"}]}]\n","json_ld_custom_schema":"","youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"","post_author":false,"guest_author":false,"hide_toc":true,"select_disclaimer":"Article Default Disclaimer","key_takeways":false},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/24938","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/76"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=24938"}],"version-history":[{"count":1,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/24938\/revisions"}],"predecessor-version":[{"id":24941,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/24938\/revisions\/24941"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/24939"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=24938"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=24938"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=24938"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}