Thread by @InputOutputHK

We’re happy to report that today at 20:20 UTC the IOG team has successfully hard forked the #Cardano Testnet. This is an important next step in the journey towards the Vasil upgrade on mainnet. 🧵

1/10

We're now inviting SPOs, developers #BuildingOnCardano and exchanges to commence their final testing and integration processes.

2/10

#Vasil is a complex program of work. Projects will need to check backward compatibility and SPOs will need to make some scripting adjustments.

3/10

The community has requested a 4 week period following the testnet hard fork to allow for SPOs, developers, and exchanges to test and upgrade before we trigger the hard fork for the #Cardano mainnet.

4/10

The teams at @cardanostiftung & IOG will be working closely with exchanges and DApp/tool developers throughout this process. As soon as we are confident ecosystem partners are comfortable & ready, we'll submit an update proposal to upgrade the #Cardano mainnet to #Vasil.

5/10

The Vasil upgrade will bring significant performance and capability upgrades to #Cardano.

6/10

#Vasil improvements include higher throughput through diffusion pipelining to a better developer experience via much improved script performance & efficiency (plus lower costs).

7/10

The Vasil upgrade will also include Cardano cryptographic primitives improvements (enabling greater interoperability options for other blockchains), a tuned Plutus interpreter, and a new cost model, which are all part of Plutus V2 scripts.

8/10

The Vasil upgrade is the most ambitious program of work we’ve undertaken. And the whole community is involved. Our prime concern is ensuring we manage this upgrade in a way that is safe and secure.

9/10

Thanks to all the #CardanoCommunity for the continued support. We’ll continue to bring you updates over the next few weeks as things progress.

10/10