After several delays, Cardano’s Vasil hard fork is now just around the corner. The final transition process is already underway and will be fully completed on September 27.
According to Cardano’s representative, Vasil is the most substantial update this proof-of-stake blockchain has experienced since its launch in 2017. Thanks to the new scripting language that Cardano uses, Plutus, a larger number of smart contracts will be able to fit into each block. This will lead to Vasil’s biggest benefit – reduced transaction fees.
In addition, thanks to Cardano’s hard fork combinator tech, the Vasil upgrade will not incur any data loss following the transition.
Developers whose projects are running on Cardano are already celebrating. For instance, Indigo, a synthetic assets service, published a blog post praising the reduced costs its users can now enjoy.