Cardano VASIL Upgrade

What is Cardano?

Cardano is a decentralized blockchain that support smart contracts & NFTs  by using Proof-of-Stake consensus mechanism.

About Vasil hard Fork

Like Ethereum merge, Cardano Vasil fork will improve the scalability of the chain. It works like a software upgrade.

Why Vasil?

The name Vasil is kept after Bulgarian mathematician Vasil Dabov who was also the supporter of Gerolamo Cardano

The Expected date

 In a recent interview Charles Hoskinson announced the upgrade will happen on  22nd September.

Waiting for Exchange

The team is waiting for the  5 largest cryptocurrency exchanges to upgrade their systems ahead of the launch before rolling out the Vasil Fork.

Cardano Specs:

1. Type: Blockchain 2. Ticker: ADA 3. Supply: 45 billion 4. Consensus: PoS 5. TPS: 250

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