Cardano Vasil upgrade goes live

After several months of delays, the Cardano Vasil upgrade and hard fork has finally gone live as of Thursday at 9:44 pm UTC, bringing “significant performance and capability” enhancements to the blockchain.

Vasil is part of Cardano’s third development cycle and is considered the most extensive upgrade attempted for Cardano to date. The upgrade is expected to reduce transaction fees, increase speed and improve decentralized application (dApp) development.