Thread by @esatoshiclub

1/12 #Cardanovasil phase one is done! Do you want to know what's next?

Here's what it means for #Cardano!

A thread by @esatoshiclub! 🧵

2/16 First of all, let's all take a moment and congratulate both @IOHK_Charles and @Cardano on this historic performance.

The #cryptocommunity is with you!

3/16 Now, to the business.

What's all this buzz on the new #Cardanovasil? Well, it's literally the biggest and most important #crypto event this year but #EthereumMerge.

Now, we're sure you all know that. Let's get to some insides and interesting facts on this upgrade.

4/16 With this upgrade, #Cardano is closing in on becoming a real competitor for #Ethereum.

Now, this is a real chance for @IOHK_Charles to really develop a better blockchain and show @VitalikButerin how things should be done.

5/16 The fact that these two geniuses are constantly fighting isn't a novelty for the #crypto world.

Now, with this Vasil Upgrade, #Cardono is becoming the perfectly calculated blockchain @IOHK_Charles wanted to see in @Ethereum.

6/16 Yes, that's why the ex-co-founder of #Ethereum left @VitalikButerin and founded @Cardano.

Vitalik is more prone to fewer academic decisions, as he says in Lex Friedman's podcast "Ethereum tends to be more okay with heuristic arguments".

7/16 Well, we'll see how the #Cardanovasil upgrade will develop their "friendship".

For now, $ETH is still more significant and more popular than $ADA. Is it going to change soon? Let us see some responses in the comments!

8/16 Now, we're going to analyze the impact of the #Cardanovasil upgrade on the whole #Cardano ecosystem.

We again need to compare it to #Ethereum. #Themerge was a success and, although it hasn't shown any big results yet, in the long term, it's massive. Nobody can argue that.

9/16 Similar to that, the #Vasil hard fork will have a huge impact in the future.

Security, scalability, speed. You name it, every parameter of #Cardano is upgraded.

10/16 The upgrade was based on CIPs (Cardano Improvement Proposals). The majority of them, and a lot of bug fixing, can be found in the upgrade.

Let's analyze the most important of the CIPs announced.

11/16 CIP 31

Have you ever worked with a #Cardano DApp? If you had, in order to look at the transactional output, you had to recreate it first.

Now, you don't. You can just access the #blockchain's storage and look at an output without processing it. Here's the speed!

12/16 CIP 32

It adds an on-chain data storage for the #Cardanocomunity and #Cardano developers. This can be a major turn for the #blockchain, as it'll become a developer's paradise.

Many more DApps will appear on Cardano's blockchain soon.

13/16 CIP 33

in our view, this is the most important upgrade. It'll point the Cardano Virtual Machine to a reference script instead of including the whole script.

The result? Faster transactions, lower fees and quicker processing. All the best for #Cardanocommunity!

14/16 Till now just three #cryptoexchanges have upgraded to #Vasil #Hardfork.

A total of 13 #cryptoexchanges are proven #ReadyForVasil.

Exchanges like @Binance were well prepared for the upgrade.
Yes, as you can guess, #CZ won't stay on the sideways.

15/16 For more informative and actual threads and tweets on #crypto, please follow @esatoshiclub. Also, remember to RT the first tweet.

16/16 We're happy you got to the last tweet. This shows perseverance and patience. Let's recap the information you've received.

1. @IOHK_Charles vs. @VitalikButerin score is 1:1 in September.
2. @Cardano upgrade will have a massive impact on #crypto.

Have a great weekend!