Thread by @crypto_threader

#Cardano ' s biggest upgrade!

How cardano could emerge as #1 ,
Compared to other (L1's) ! $ada

Vasil hard fork is about to happen on 29th June, this year !

These upgrades would unleash the sleeping beast! $ADA

Major Upgrades explained in this thread! 🧵👇

(1/x)
Cardano devs are working on Upcoming scaling solution Hydra !
(After Vasil Hard fork ) $ada

Each Stalking pool would make it possible to process 1000 trns/sec !

With Cardano implementing 3000 stalking pool Hydra scaling would process upto 3 Million trns/sec !

(2/x)
Now what's major change would be implemented to Cardano with Vesil Hard fork ?

Cardano Improvement proposal $ada
CIP 33
CIP 31
CIP 32
CIP 40

(3/x)
CIP 33
will reconsider the logics of how the Plutus scripts (compiled Haskell programs) are submitted to the blockchain.

This will reduce the usage of data and increase the net throughput of Cardano ( $ADA).

(4/x)
CIP 31
upgrade allows dApps to access transactional outputs without the necessity to spend and recreate them.

This will solve the "one transaction per block" issue bashed by Cardano ( $ADA) critics.

(5/x)
CIP 32
upgrade will allow Cardano (ADA) users to store data on-chain "seamlessly," which, in turn, will advance the decentralization and adoption of the blockchain.

(6/x)
New wave of DeFi adoption expected on Cardano ( $ADA)

As the $ada community knows Cardano is here to stay And

Cardano $ADA has already survived a 2018 bear Market!

(7/x)
the CIP 40 upgrade is designed to advance DDoS-protection of Cardano (ADA)

and protect users from losing their ADA collateral.

(8/x)
The Vasil hardfork is scheduled for June 29, 2022.

Once implemented, it improves smart contracts capabilities and the user experience for Cardano (ADA) users and developers.

(9/x)
This, in turn, will trigger the next wave of technical progress for

Cardano-based DeFi protocols Ardana (DANA), Liqwid Finance and so on.

(10/x)
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