Cardano: IOG Shares Latest on Vasil and What To Expect After

IOG gives insight on latest development to watch out for on road Vasil upgrade CardanoVasil ProofOfStake CardanoCommunity CardanoADA

says it is currently tracking against three metrics: node, exchange and dApps readiness. The SPO community was the first to tick readiness with 98% of blocks currently being created by the Vasil 1.35.3 node, much exceeding the minimum 75% criterion established. Also, exchange liquidity is close to 60%, and several of the top exchanges have been confirmed ready or are in the process of upgrading.

IOG goes on to discuss the deployment schedule. The preproduction environment will hard fork to the Vasil/Babbage era on Sept. 19. The Vasil mainnet upgrade proposal must be submitted by this date as well. The mainnet hard fork event is scheduled for Sept. 22. On Sept. 24, the new Plutus functionality and cost model will be made available in the preproduction environment and will be live on the mainnet by Sept. 27.

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