CRYPTO NEWS: CHARLES HOSKINSON HAS ANNOUNCED THE LAUNCH OF ADA’S VASIL “ROCKET SHIP”.

LAUNCH OF ADA'S VASIL
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CHARLES HOSKINSON HAS ANNOUNCED THE LAUNCH OF ADA’S VASIL “ROCKET SHIP”:

⦿ THE VASIL HARD FORK’S CONCLUDING STAGES HAVE BEGUN, ACCORDING TO CHARLES HOSKINSON.

⦿ ACCORDING TO THE CO-FOUNDER OF CARDANO, THE UPGRADE WILL GO INTO EFFECT ON SEPTEMBER 22.

⦿ RELATED NEWS SHOWS THAT THE MARKET RESPONDED FAVORABLY TO THE RECENT ANNOUNCEMENT BECAUSE ADA’S PRICE INCREASED.

OVERVIEW OF CHARLES HOSKINSON HAS ANNOUNCED THE LAUNCH OF ADA’S VASIL “ROCKET SHIP”:

IN A VIDEO POSTED TO TWITTER (NYSE:TWTR), CARDANO CO-FOUNDER CHARLES HOSKINSON ANNOUNCED THAT THE VASIL UPGRADE FOR THE CARDANO NETWORK HAS REACHED ITS CONCLUSION.

LAUNCH OF ADA'S VASIL
LAUNCH OF ADA’S VASIL

CHARLES HOSKINSON REVEALED THAT A PROPOSAL WAS RECENTLY STARTED AND SIGNED FOR THE HARD FORK COMMENDATOR, WHICH WAS THEN SUCCESSFULLY SUBMITTED AND APPROVED IN A VIDEO THAT WAS POSTED TO TWITTER OVER THE PAST 12 HOURS. THE “VASIL ERA” HAS NOW BEGUN FOR THE CARDANO NETWORK, ACCORDING TO HOSKINSON.

HOSKINSON CLAIMS THAT THE AUTOMATED PROCESS TO DEPLOY THE VASIL UPGRADE HAS BEGUN AND WILL TAKE AROUND 5 DAYS TO COMPLETE. GIVEN THAT THE PROCEDURE WAS STARTED YESTERDAY, ON SEPTEMBER 17, THE VASIL UPGRADES WILL TAKE EFFECT ON SEPTEMBER 22.

THE CO-FOUNDER OF CARDANO COMPARED THE PROCEDURE TO A ROCKET SHIP AND SAID THE TEAM WOULD HAVE TO WAIT TO FIND OUT WHETHER IT WAS SUCCESSFUL OR NOT. HE ALSO STATED, “THERE IS NO TURNING BACK.”

AFTER THE SWITCH TO THE NEW STATE IS COMPLETE, SOME OF THE NEW FEATURES THAT WILL BE ADDED TO THE CARDANO NETWORK WILL GO LIVE RIGHT AWAY, WHILE OTHERS WILL TAKE ABOUT 5 DAYS TO TAKE EFFECT. NO ISSUES ARE ANTICIPATED, ACCORDING TO THE CARDANO TEAM.

THE MARKET RESPONDED FAVORABLY TO THE ANNOUNCEMENT, AS EVIDENCED BY THE NETWORK’S NATIVE TOKEN, ADA, RISING 2.70% OVER THE PAST 24 HOURS, ACCORDING TO CRYPTOCURRENCY MARKET TRACKING WEBSITE COINMARKETCAP. FOR THIS REASON, ADA IS CURRENTLY TRADING AT $0.4874. THE PRICE OF ADA IS STILL DOWN 5.65% FOR THE WEEK, THOUGH.

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CRYPTO NEWS: CHARLES HOSKINSON HAS ANNOUNCED THE LAUNCH OF ADA’S VASIL “ROCKET SHIP”.

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