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The Founder of Cardano Explains What Users Can Expect From the Vasil Hard Fork

Cardano’s founder, Charles Hoskinson, posted a “recap video” on his YouTube channel on April 12 describing the upcoming version that will improve Cardano following the “Vasil” hard fork.

Hoskinson stated at the start of the film that he was preparing for Consensus 2022, which would take place from June 9 to 12 in Austin, Texas. He hopes to demonstrate to the crypto community and Cardano supporters that IOHK and the Cardano development team are “open for business” there.

He declared:

“We’re there, and we’re trying to get a lot of people there to come and set up booths and talk, and we’re going to obviously host a Cardano specific event at Consensus.”

Furthermore, Hoskinson confirmed that the Vasil hard fork will occur in June and bring a “massive performance improvement to Cardano.”

“As many of, you know, a major major major major major hard fork combinator event is happening in June, which is the Vasil hard fork, and that is going to contain pipelining [one of the pillars supporting Cardano’s scaling], which will be a massive performance improvement to Cardano.”

Hoskinson earlier stated that this next hard fork would contain “pipelining, new Plutus CIPs, UTXO on-disk storage, and Hydra,” among other scaling improvements.

“In combination with parameter adjustments, these features will enhance Cardano’s throughput and optimize the system to accommodate an increasing range of decentralized finance (DeFi) apps, smart contracts, and DEXs.”

Cardano’s IOG team is also working on new goods and features for its customers, including a DApp store, a new lightweight wallet, and bridges that allow assets to be moved from the main layer 1 chain to different sidechains.

These sidechains will allow for the construction of decentralized exchanges where users may swap their ADAs for BTC and vice versa using incorruptible smart contracts, eliminating scams.

“If you listen to crypto media, if you listen to the critics of Cardano, they seem to believe that Cardano doesn’t exist. It’s all just some elaborate super scam and nothing has been built and accomplished.”

On the other hand, he mentioned that a group of Cardano developers and third-party organizations will meet in Barcelona on May 17-18 to discuss centrifuge levels for smart contracts, as well as the accreditation process for various wallets and the project’s infrastructure.

It’s not easy to manage a project as large as Cardano. As a founder, Hoskinson seeks to give universal solutions that don’t just scrape the surface of a problem but actually solve the fundamental cause, according to him.

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