Cardano Delays Vasil Hard Fork Due to Bugs
Background Info:
Input Output Global (IOG) is the company behind Cardano’s decentralized smart contract platform
Epoch’s on Cardano’s network are rewards cycles of 5 days
Rewards from the current epoch are distributed two epochs later
Rewards from Epoch 344 (June 9-13) would be distributed at the start of Epoch 347 (June 24)
Hard forks are updates that would change the way the blocks are being produced
Like most projects and upgrades, the upgrade to the testnet will mark the countdown to the real (mainnet) upgrade
The IOG team announced yesterday that it would be the latest date that they could implement the update to the Cardano testnet before the next epoch boundary. While the team is “extremely close to finalizing the core work,” they noted that there are seven minor bugs that they want to resolve before releasing the update.
Since the beginning of June, IOG has been testing Vasil through a semi-public developer testnet (Devnet), along with 35 developers across 27 projects testing their DApps.
Today, IOG and the Cardano Foundation have agreed a new target date to hard fork the testnet at the end of June. Once completed, we will then allow four weeks for exchanges and SPOs to carry out any required integration and testing work. This is only reasonable and should not be rushed. The working assumption should therefore now be a Cardano mainnet hard fork occurring during the last week of July.
