Cardano activates van Rossem hard fork
CoinTelegraph·

60-second summary
Cardano is activating the van Rossem hard fork, a significant upgrade that slashes smart contract execution costs and paves the way for Ouroboros Leios, a major scalability upgrade expected later this year. This update aims to improve the network's efficiency, setting the stage for increased adoption and usage of Cardano's decentralized applications.
The upgrade reduces smart contract execution costs while laying the groundwork for Ouroboros Leios, a major scalability upgrade expected later this year.