Countries around the world are experiencing high inflation at levels not seen for decades.They target inflation by setting interest rates, open market operations, reserve ratio requirements, forward guidance. These haven't been effective and there could be a major paradigm shift.
Vasil, a network upgrade that would increase scaling capabilities on Cardano, is now slated for a late June release on Cardano's test network. Hard forks refer to a network upgrade in which blockchains validate and produce new blocks with predetermined new rules.
Input Output (IOG), the development lab for the Cardano blockchain, didn't release Monday's planned Vasil hard fork on the Cardano testnet because of technical bugs, the team said on Tuesday.