One of the benefits of the Vasil upgrade was emphasized by the co-founder of Cardano in a tweet on September 28, after it had been implemented roughly a week earlier. The transaction fees and size in Plutus V2 are half as large and ten times less than in Plutus V1. It is in line with the assurances made by the team months before the upgrade.
More of the expected benefits should be realized in the coming weeks. One benefit that many are still anticipating is the result of data serialization under Vasil. A more improved and generic method of data serialization is made possible by the Plutus V2’s promise of reduced memory and CPU expenses.
After numerous delays, many token holders who had been waiting for the upgrade are undoubtedly happy and relieved to see these perks take effect. They have consistently provided positive feedback and remarks under various Vasil upgrade analyses.
Vasil’s advantages are starting to become clear on the Cardano platform, but questions about the upgrade continue to be expressed. The platform has benefited from the overall decrease in transaction costs, while stake pool operators have not. The Cardano network is only third in terms of staking, behind Ethereum and Binance, but the payouts are little in comparison.
In response to this issue, Cardano developers said that stake pool operators would have access to numerous revenue streams by sustaining the side chains. Additionally, they would be paid $ADA tokens.
Recent months have seen risk-on assets under pressure from the current macroeconomic unrest, which has kept the cryptocurrency market in the red. The Cardano platform is trying its best to fend off such pressure with the features of the Vasil upgrade.
The Cardano network’s creators and crew have pledged to continue updating and improving it to have more features. More enthusiasts that embrace their cryptocurrency are what the platform wants. The platform’s prominence in cryptocurrency may be maintained by increasing token adoption.
