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Cardano founder share Project’s Development insights

Cardano founder Charles Hoskinson has responded to a user’s assertion that in a two-minute transaction on the network, he sent 56 distinct Cardano Native Tokens (CNTs) and other NFTs for a total fee of roughly 25 cents.

The twitter exchange looked like this:

The public speculates that the Vasil update could improve dApps entry with CIP-33 (Reference Scripts) scheduled for launch by Vasil Hard Fork. Therefore, expectations for the June hard fork combinator event remain high.
The goal of the reference document (CIP-33) is to reduce all operating costs. At present, each transaction requires the addition of additional documentation. Reference texts can be used to interact with other scripts, allowing them to be added to the series. As a result, smart contract collaboration is limited to the highest possible level.
According to a recent article from Cardano’s parent company, IOHK, the closed Vasil testnet has already been used to test its effectiveness with a small group of dApps and users. In addition, the Cardano team continues to work on development-specific compliance in the preparation of the Vasil Hard Fork Combinator (HFC) event.
The next Vasil Hard Fork public testnet may be available in early June, with the mainnet scheduled to launch on June 29.

Read more: Cardano dips below $0.50, do you need to worry?

Kunal Krishan
Kunal Krishan
Kunal is an investment space writer who firmly believes investment is something which should not be a choice but a part of everyone's life.
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