Cardano Activates Van Rossem Hard Fork, Boosting Smart Contract Speed

The Cardano network has successfully activated its Van Rossem hard fork, upgrading to protocol version 1.11.

This significant update aims to increase the speed and reduce the cost of executing smart contracts, improve node security, and enhance the developer experience.

The upgrade was implemented without disruption for users and is considered one of the most important updates for this blockchain in recent years by the Cardano community.

According to Mihan Blockchain, however, the main question in the market is whether this technical advancement will lead to sustainable growth in the price of Cardano or just a short-term effect.

The Van Rossem hard fork brings several key changes, including increased execution speed of Plutus scripts and strengthened node security.