The Cardano blockchain has announced the launch date for its latest upgrade, named Vasil after a community member, which is expected to improve scalability and lower fees.
Cardano community, set your reminders for the end of July as the testnet Vasil upgrade proposal is scheduled to take place soon, with the mainnet hard fork taking place in a few weeks.
In theory, the Vasil hard fork upgrade will reduce the size of transactions, therefore increasing the network’s throughput and lowering transaction fees on the network.