Cardano Creator Charles Hoskinson Says Terra (LUNA) Collapse Contributed To Delay in Major ADA Upgrade

Cardano (ADA) creator Charles Hoskinson says the collapse of the Terra (LUNA) ecosystem is partly to blame for the postponement of the Vasil upgrade.

Hoskinson says the update is ready but Cardano’s development team was directed to exercise more diligence before shipping updates or products following the collapse of stablecoin blockchain Terra.

“We’re code-complete and what code-complete effectively means is you probably could flip the switch and get away with it. And certain projects would do that.

But what happened after the collapse of Terra (LUNA) is that I gave a directive to a lot of the engineers to say we should probably measure three times and cut once, given the nature of things.

And so additional tests were added in the Plutus suite and additional work was done for quality assurance above and beyond what we normally do for hard forks.

So that was one dimension of the puzzle that made it more complicated.”

The Vasil upgrade is geared towards scaling Cardano’s performance and enhancing the smart contract’s capabilities.

Plutus is the name of Cardano’s smart contract platform.

The ADA creator says a desire for more inclusivity in the quality assurance and testing process by decentralized application (DApp) developers also contributed to Vasil’s delay.

“The other dimension of the puzzle was that after Consensus [crypto conference held in Austin, Texas earlier in June], we did have an enormous amount of contact with DApp developers and other people and there was a desire to be a bit more inclusive in the quality assurance process and the testing process.

So a lot of them said, ‘hey we need several weeks on testing, to be able to play around with these things.'”

Blockchain research and development firm Input Output Hong Kong (IOHK) announced the Vasil upgrade delay earlier this week. The upgrade was initially scheduled for June 29th but will now take place during the last week of July.

I

  Check Latest News Headlines

 

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/LuXiFeR Bowlo/breakermaximus