What are the main changes and improvements introduced in the Cardano ADA Vasil hard fork?

3 answers

• Collins AgofureMay 27, 2023 · 2 years ago
  The Cardano ADA Vasil hard fork introduced several significant changes and improvements to the Cardano network. One of the main changes is the implementation of the VRF-based consensus algorithm, which enhances the security and decentralization of the network. This algorithm ensures that block production is fair and random, preventing any single entity from controlling the network. Additionally, the hard fork introduced the introduction of native tokens, allowing users to create and transact with their own digital assets on the Cardano blockchain. This opens up a wide range of possibilities for decentralized applications and tokenization of real-world assets. Overall, these changes have a positive impact on the Cardano network, making it more secure, decentralized, and versatile for its users.
  804

  402
• Flavius PrejbanJan 02, 2025 · 7 months ago
  The Cardano ADA Vasil hard fork brought about some major changes and improvements to the Cardano network. One of the key changes is the introduction of a new consensus algorithm called VRF, which stands for Verifiable Random Function. This algorithm ensures that the selection of block producers is fair and random, increasing the overall security and integrity of the network. Another important improvement is the addition of native token support, which allows users to create and trade their own tokens directly on the Cardano blockchain. This opens up new opportunities for decentralized finance and tokenization of assets. These changes have a positive impact on the Cardano ecosystem, making it more robust and versatile for its users.
  740

  247
• MARAGATHAAMBIKAA R ECEJan 27, 2021 · 4 years ago
  The Cardano ADA Vasil hard fork made significant changes and improvements to the Cardano network. One of the notable changes is the implementation of the VRF-based consensus algorithm, which enhances the network's security and prevents any single entity from controlling the block production process. This algorithm ensures a fair and random selection of block producers, promoting decentralization. Additionally, the hard fork introduced native token support, enabling users to create and transact with their own digital assets on the Cardano blockchain. This opens up new possibilities for decentralized applications and the tokenization of real-world assets. Overall, these changes strengthen the Cardano network and provide more opportunities for its users.
  761

  191