Cardano V11 Hard Fork Nears Mainnet ApprovalĀ 

  • Cardano V11 has completed successful upgrades across Preview and Preprod testnets.
  • Binance and Coinbase are operationally prepared for the upcoming network upgrade.
  • Final Constitutional Committee approval remains before the mainnet hard fork proceeds.

Cardano V11 Hard Fork is moving closer to mainnet activation after reaching key readiness milestones across the network. Preview and Preprod testnets have already completed the upgrade, while major exchanges, including Binance and Coinbase, have confirmed operational readiness. The only remaining step is final approval from Cardano’s Constitutional Committee before the upgrade can be deployed.

Cardano V11 Hard Fork Gains Broad Network Support

The Cardano V11 Hard Fork, officially named van Rossem, honors the late Max van Rossem for his contributions to the Cardano ecosystem and governance framework. According to ecosystem data shared by Cardanians, approximately 88% of blocks minted during the past seven days have already been produced using the V11 software.

Exchange support has also reached an important milestone. Around 80% of exchange liquidity is now prepared for the upgrade, with Binance and Coinbase among the major platforms confirming compatibility. Governance voting has already secured sufficient backing from Stake Pool Operators (SPOs) and Delegated Representatives (DReps), leaving only Constitutional Committee approval outstanding.

Cardano V11 Hard Fork Introduces New Network Improvements

The Cardano V11 Hard Fork is classified as an intra-era upgrade. This allows developers to introduce protocol enhancements without transitioning to an entirely new blockchain era, helping reduce operational disruption across the network.

Among the most notable improvements are lower-cost Plutus smart contracts, additional built-in functions, and cryptographic enhancements designed to support zero-knowledge applications. These upgrades are expected to improve developer efficiency while expanding future use cases.

Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.

Hot this week

Kraken Stock Trading Expands Across Europe With 7,000 US SharesĀ 

Eligible EEA customers can trade more than 7,000 U.S....

Jane Street Bitcoin ETF Holdings Top $1 Billion in Q2 FilingĀ 

Jane Street disclosed more than $1 billion in spot...

Solana Price Faces $80 Test After Smart Whale Buys $3.6M SOL

A previously profitable whale bought 47,535 SOL worth about...

Ripple Payments Expands in South Korea With Jeonbuk Bank Deal

Jeonbuk Bank becomes South Korea's first regional bank to...

BNB Price Faces $550 Test as Whales Withdraw $12.1M From Binance

Two new wallets withdrew 20,007 BNB worth about $12.1...

Topics

Kraken Stock Trading Expands Across Europe With 7,000 US SharesĀ 

Eligible EEA customers can trade more than 7,000 U.S....

Jane Street Bitcoin ETF Holdings Top $1 Billion in Q2 FilingĀ 

Jane Street disclosed more than $1 billion in spot...

Solana Price Faces $80 Test After Smart Whale Buys $3.6M SOL

A previously profitable whale bought 47,535 SOL worth about...

Ripple Payments Expands in South Korea With Jeonbuk Bank Deal

Jeonbuk Bank becomes South Korea's first regional bank to...

BNB Price Faces $550 Test as Whales Withdraw $12.1M From Binance

Two new wallets withdrew 20,007 BNB worth about $12.1...

Dogecoin Price Eyes $0.080 as Bollinger Band Squeeze Tightens

Dogecoin holds above $0.070 as Bollinger Bands reach their...

Ethereum Privacy Upgrade Adds New Focus to 2027 HegotĆ” Plans

Frame Transactions could allow Ethereum privacy pools to pay...

Strategy Bitcoin Holdings Hold Steady After $333.7M MSTR Sale

Strategy holds 840,447 BTC after making no Bitcoin transactions...
spot_img

Related Articles

Popular Categories

spot_imgspot_img