The Cardano network has dealt with greater than 50 million transactions in complete, marking a brand new milestone for Cardano. As of the second, over 50,033,448 transactions have been executed, in response to Cardanoscan.io.
— Ed n’ ₳ltcoins (@EdnStuff) September 15, 2022
In early June, after the announcement relating to the Vasil improve was made, the variety of transactions was given as 42.5 million by the Cardano basis, which was reported by U.Today.
Now, this quantity has grown by nearly 8 million. The Vasil exhausting fork was initially scheduled to launch in late June however was postponed then primarily based on the necessity for additional testing.
In late June, Enter Output, the Cardano blockchain builder, made a press release saying the beginning of the countdown for the Vasil community improve following the discharge of the Vasil node 1.35.0. The IOG workforce exhausting forked the testnet to Vasil performance on July 3 and therefore testing continued.
The Vasil hard fork is scheduled to run on the mainnet on Sept. 22 and is anticipated to significantly improve transaction quantity.
Vasil now in ultimate mile
The Vasil replace stays within the ultimate mile. As reported by U.Today, there are essential dates to notice. First, on Sept. 19, the mainnet replace proposal is anticipated to be submitted to set off the exhausting fork occasion on Sept. 22, which can even usher in an period of transition from Alonzo to Babbage. It could take 5 days for Vasil’s functionality to be out there on the mainnet as IOG states that Vasil’s functionality will turn out to be out there at first of epoch 366 on Sept. 27. The Plutus V2 price mannequin can even be out there on the mainnet on this date.
Within the current IOG report on ecosystem readiness, 98% of mainnet blocks have already been created by Vasil node candidate 1.35.3, which signifies that the “node readiness” metric has already been met. Additionally, seven of the highest twelve exchanges by liquidity, particularly Binance, Upbit, MEXC, Bitrue, AAX, WhiteBIT and BKEX, have indicated Vasil readiness.