What ADA Holders Need to Know

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Cardano’s Vasil hard fork is arguably one of the most high­ly-antic­i­pat­ed upgrades for the net­work. The par­ent orga­ni­za­tion behind the plat­form – Input Out­put – took it to Twit­ter today to reveal every­thing users need to know about it and also con­firmed that it will take place tomor­row – Sep­tem­ber 22nd.

What is the Vasil Hard Fork?

Named after the late Bul­gar­i­an math­e­mati­cian – Vasil Dabov – who was also a very well-known and promi­nent com­mu­ni­ty mem­ber and con­trib­u­tor to Car­dano, the upgrade is one of great sig­nif­i­cance for the net­work. It’s aimed at boost­ing its scal­a­bil­i­ty and over­all usability.

The Car­dano Improve­ment Pro­pos­als (CIP) that are to be intro­duced with the hard fork include:

  • CIP-31 (Ref­er­ence Inputs)
  • CIP-32 (Inline Datums)
  • CIP-33 (Ref­er­ence Scripts)
  • CIP-40 (Col­lat­er­al Outputs)
  • Dif­fu­sion Pipelining

In addi­tion, Input Out­put has bro­ken down the over­all changes that the pro­to­col will go through after Vasil is live on the mainnet.

The hard fork will also see Plu­tus script enhance­ments come to life, which will allow many dApp devel­op­ers to lever­age v2 capa­bil­i­ties. The changes to Plu­tus Core (a script­ing lan­guage used in Cardano’s ledger), known as Plu­tus V2, will bring about a “tuned Plu­tus inter­preter and new cost mod­els for both Plu­tus V1 and Plu­tus V2 scripts.”

What Do ADA Holders Need to Do?

Input Out­put made it clear that “the reg­u­lar ADA hold­er using Car­dano for trans­ac­tions and DApps doesn’t need to do any­thing, as it all hap­pens most­ly behind the scenes.”

This is because of Cardano’s Hard Fork Com­bi­na­tor tech­nol­o­gy which, accord­ing to the team, makes upgrades for end users a seam­less and fuss-free affair.

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