So it seems best case scenario is that June HF results in a significant TPS boost to put Cardano on par with other chains, worst case scenario is it requires IE to do so and always a chance that this gets delayed till early 2023. Mentally preparing myself for all scenarios.
Was only an "update" in February and upgraded to a hard fork. Meticulous engineering ++
Dont get dumped on like the spurious Alonzo hard fork.
* What happened to the PAB that was touted to bring in thousands of smart contract Dapps and take #Cardano to the moon 🚀?
Cardano folk aligning on 'wait until June hard fork'. Changes are indeed significant. But remember how this plays out. *If* we overcome global macro uncertainties, any upward price action is often artificial and collapses after hard fork. Focus on #cardano2025 not 2022 price.
Feeling? I prefer to look at the data and according to that Cardano is on fire. The June Hard Fork will release the flood gates to even more. datastudio.google.com/u/0/reporting/…
People are sleeping on cardano. It utilizes utxo just like bitcoin, believe it's going to be a game changer. June's coded hard fork Vasil will bring scalability.
They will start big marketing after June fork. Cardano will have some load issues until then.
Would be stupid to put millions in marketing and new people get scared off by network load.
We may have almost no fees but at heavy load times you have to wait for txs.
Cardano. Run your own full node basically free, no locked staking, native assets no problem, vanity wallet addresses($yeah) not 97 digits to copy, 517 projects currently building, multiple dexs, cross chain to eth next week, stable coin q2, June hard fork is going to melt faces.
Vasil fork, planned for June, will bring pipelining that will increase the throughput of #Cardano. It will enable to the deployment of many new dApps that are currently under development. Pipelining is not the last upgrade, it is just the beginning. $ADA
Only 6 / 50ish Defi Projects launched
TVL 📈🔥
Multi x Yields ⬆️ $DANA $LQ
$DJED ⬆️
ERC20 Convertor⬆️
Milkomeda⬆️
Scalability 📈in June HF
Hydra Heads⬆️
Project Catalyst📈
$WMT 📈 in Africa
Atala Prism IDs in Ethiopia📈
Grayscale No1 $Eth Hedge✅
#Cardano going for Number 1
What will the Vasil hard fork bring us? Let's look at what happened leading up to the last two hard forks.
17. In late 2021, Alonzo hard fork was launched. Alonzo brought smart contracts to #Cardano, allowing dapps to be deployed.
Cardano has one of the most active developer communities, it ranked 3rd in the number of github submissions per day.
As we approach the June HF the full power of DeFi on Cardano will begin to be unleashed
Let's take a look at the pillars of DeFi and what projects will lay the ground work and allow you to earn passive income
🧵1/n
As of today, disk size of Cardano DB is ca. 50 GB. As Vasil (June) and Cheng (October) hard fork combinators events come it is said to be increasing faster.
In the future Cardano will adopt either storage rental / concept of archivers / sharding. It is unclear what yet but sth.
don't forget this year will bring hundreds of TPS on L1 alone.
I suggest to read about plans for Vasil and Cheng hard fork combinator events.
I hope that Vasil HF wont get overhyped. People then have unrealistic expectations and the community is damaged. I prefer slow and steady organic grow ☺️
On another note when it comes to Cardano specifically I hope you Have a good understanding of what is going to be happening in the June vasil hard fork. When this huge upgrade to the scalability of the blockchain does exactly as planned other chain users are going to be baffled😏
My honest assessment of what Cardano needs:
1. Faster TPS. June HF to make TPS a non-issue for todays volume. IE to set it up for the future.
2. More DApps. A lot of Dapps holding off for June HF. Factor in a month of testing so lots more Dapps by start of Aug
Cardano’s tech is way ahead. It’s safe, predictable, and affordable. Now EVM compatible. Like ETH’s programming languages? Use them. Junes Vasil hard fork is going to make it much faster and capable of handling the anticipated on chain volume for the foreseeable future.
As a whole, totally agree. Cardano is the best overall, but not best in all items in my check list YET, but will be number 1 in:
- DeFi when @liqwidfinance, @GeniusyieldO, @CardanoMaladex
- Stables when @ArdanaProject @DjedStablecoin
- Speed and throughtput after Vasil HF
...
Confirmed: The Vasil hard fork is coming on June 29! It will bring significant performance and capability improvements to the #Cardano network and Plutus smart contracts. $ADA
No backlog, network runs smooth & Vasil hard fork is yet to come.
Fasten your seatbelts boys, summer is gonna be fast 🚀
$ADA Vasil Hard Fork targeting scaling is "code complete" and expected to arrive 6/29/22
@IOHKMedia has cited "many dApp developers" awaiting this update
@Milkomeda_com has enabled EVM interoperability for solidity
Maybe it's time to stop denying Cardano as a top tier L1
⏳
Can confirm. Chain is usable and utilitous. Dex's launching weekly it seems. Most chain traffic is plutus-script related and big time scaling upgrades coming with the Vasil hard fork this June (won't seem like a HF, thanks to the hard fork combinator).
Eth community when Cardano Hard Fork combinator blast out updates and the merge keeps getting delayed
Cardano just upgraded the chain capacity by 8 kB to 88kB per block with a simple tweak. Not even a soft fork required. Makes it look easy. Walk in the park. That's what happens when a system is designed correctly.
