Thread by @InputOutputHK

VASIL UPGRADE: DATE CONFIRMED 💪
Following the successful completion & extensive testing of all core components, plus confirmed community readiness, we along with @cardanostiftung can today announce 22nd September for the #Vasil upgrade on the #Cardano mainnet. 🧵

$ADA
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#Vasil is the most significant #Cardano upgrade to date, bringing increased network capacity and lower cost transactions. The upgrade will also bring enhancements to #Plutus to enable devs to create more powerful and efficient #blockchain-based applications.

2/9

We’ve been tracking well against all three metrics we & @cardanostiftung set for launch:

📈75% mainnet blocks being created by the final Vasil node candidate (1.35.3)
📈Approx. 25 exchanges upgraded (c. 80% of ada liquidity)
📈Top 10 DApps by TVL confirming readiness

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This is a significant undertaking for the whole technical #Cardano community. So in the past 24 hours, we’ve polled members of the SPO and Dapp communities and they have given us full confidence they will be #ReadyForVasil on the 22nd. 💪

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The majority of leading exchanges have now started their update process. Based on current trajectory & previous experience, @CardanoStiftung has every confidence in them completing their updates & meeting the 80% liquidity metric set. ✅
iohk.zendesk.com/hc/en-us/artic…

#Cardano

5/9

Thanks to #Cardano’s unique hard fork combinator, we anticipate a seamless technical transition, with no disruption for its users or a break in block production. Users need take no action.

6/9

The #Vasil upgrade is a testament not just to the hard work of the core development team, but to the many technical contributions of the wider #CardanoCommunity. Many of the #Vasil improvements stem from community-driven #Cardano Improvement Proposals (CIPs).

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As some of you may already know this upgrade is named in honor of @VStDabov, a #Cardano ambassador & community member who passed away, leaving a remarkable legacy with over 10,000 trees planted in his lifetime.🌳 6/7

Here's to you, #Vasil

bit.ly/3asGhXF 🙏

8/9

Thanks to all members of the #Cardano technical community who continue to share this journey. We'll keep you posted with ongoing updates via our social channels, but in the meantime, follow exchange readiness on this dedicated #Vasil page:
iohk.zendesk.com/hc/en-us/artic…

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