Cardano’s Vasil Hardfork dApps Upgrades Expected To Be Delayed, Here’s Why

Blockchain

Project delays are always a possibility in the world of cryptocurrency, but when one is discussed by the development team behind the project, it can be a cause for concern among investors and supporters.

Such is the case with Input-Output, the developer behind Cardano (ADA), which in a recent Vasil hardfork report suggested that Cardano-based dApps (decentralized applications) may receive updates weeks or even months after the blockchain’s hardfork implementation.

Most developers believe that the main reason for the delay — the Vasil hardfork has been scheduled to take place towards the end of June 2022 — is tied to the complicated and challenging task of transferring solutions built on the current version of the blockchain to a new foundation. This process involves determining which parts of the current solutions are still applicable and which need to be updated or replaced. Additionally, it may require a complete redesign of some aspects of the solution to meet the requirements of the new foundation.

Many users believe that existing solutions, like decentralized exchanges Minswap and SundaeSwap, will need months to rewrite their massive amount of scripts. These platforms are already functional, so any changes implemented can have a profound effect on them and their users if things go wrong.

To successfully transfer solutions from one blockchain platform to a new foundation, it is important to have a clear understanding of the requirements and constraints of both platforms. This requires careful analysis of each platform, as well as a detailed evaluation of any compatibility issues between the two.

Once the requirements and constraints have been determined, it is important to plan out a migration strategy that minimizes disruption to existing users and processes. This may involve developing new interfaces and tools to support the transition, or even building an entirely new solution from scratch on the new platform.

It’s worth noting that while no specific date has been given for the new launch, delays are to be expected in any software development project, and Cardano is no exception. In fact, Ethereum’s EIP-1559 update was fully implemented by all pools only a month after its launch. What’s more, delays sometimes are necessary as they give blockchains time to ensure that the new code is thoroughly tested and meets the high standards of its users.

Despite this bump in the road, Cardano remains one of the most promising blockchain projects in operation today. With strong partnerships and an impressive roadmap, it’s likely that ADA will recover from this delay and continue to grow in value.

Price Action

As of press time, the altcoin is changing hands at $0,8414, up about 0.60% intraday.

h/t u.today

Jasper - The Real Deal!

Be the first to comment

Leave a Reply

Your email address will not be published.


*

This site uses Akismet to reduce spam. Learn how your comment data is processed.