April 12, 2024

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Cardano’s new update took place on 22nd September, and it has been termed Vasil; it has been made clear that it is a hard fork update and the most complicated one the team had to pull in all these years of working for Cardano.

The creator Charles Hoskinson has shared his insights regarding the working of Cardano and how this new update is going to change things for good. It was made clear that the update is specifically going to address the scalability-related issues of Ether’s rival blockchain that is, Cardano, but other elements of the blockchain would also be refined pretty steeply, too says, Charles.

Charles Hoskinson has addressed the media during a recent interview by claiming that Vasil was the hardest possible update that they have to pull of till date regarding the infrastructure and working of the Cardano blockchain.

The development team has been working around the clock to make sure that the blockchain is ready for all the dedicated aspects that the update is going to cover and aim at and that there aren’t going to be any delays implementing the update.

CIPs and Governance Model

Many CIPs (Cardano Improvement Proposals) are coming down the pipeline, according to Charles, and most of them are targeted at improving the governance-oriented aspects of the blockchain; other proposals hint towards the prospect of strengthening the security of the blockchain, while some are also targeted at increasing the scalability of the Blockchain.

He said that the primary focus of the team is to make sure that the blockchain of Cardano is scalable, which means that they are preparing the blockchain to add more users in the coming years and also to make it portable, convenient to use, and powerful to tackle all different aspects of the working of the blockchain.

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