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Cardano (ADA) Vasil Upgrade Is ‘Ever Closer’ As Upgraded SPOs Make Up 42% Of Blocks

Vasil is Closer than Before

After multiple delays, the IOHK has finally announced in its latest rollout status that the Vasil upgrade is “ever closer” than before. The IOHK provided updates on “three critical mass indicators,” which will determine when the mainnet update will go ahead.

According to the IOHK, before the mainnet upgrade can go live,

The Rollout Status of Vasil

Providing an update on the progress of the rollout, the IOHK stated that Stake Pool (NASDAQ:POOL) Operators (SPOs) running the latest node 1.35.3 now account for 42% of mainnet block production – more than half of the minimum requirement.

According to the IOHK, Binance, a key liquidity provider for ADA, has upgraded its Cardano nodes to the latest version. So far, four of the top 10 decentralized applications on the network by TVL have tested the latest node version.

On the Flipside

Why You Should Care

When the minimum requirements are met, the IOHK will be ready to perform the highly-anticipated Vasil upgrade on the Cardano mainnet.

The update confirms the reports of a developer covered in:

Cardano’s Ecosystem Developer Says Testnet Is Now “Better Than Ever”

Even before the upgrade, Cardano is a top chain. Read:

Cardano (ADA) Is More Energy Efficient than YouTube, PayPal (NASDAQ:PYPL), and Netflix (NASDAQ:NFLX)

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Source: Cryptocurrency - investing.com

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