Tuesday, October 19, 2021

Alonzo Goes Live On Mainnet, Smart Contracts Officially Activated On Cardano

The moment everyone in the Cardano ecosystem has been waiting for has finally arrived. The most anticipated event since the beginning of the year has finally played out. Alonzo is now live on mainnet. This implies that smart contracts are now officially activated on the Cardano network.

IOG tweeted, “Upgrade successful. Moments ago, we deployed the Alonzo upgrade at the epoch rollover. Welcome to the start of a new era for #Cardano $ADA.”

Also, the message on the screenshot of the countdown to the launch on Daedalus mainnet shared by a Cardano community member and retweeted by IOG reads as follows:

“The ‘Alonzo’ protocol upgrade is now live on Cardano, enabling highly-anticipated new smart contract capabilities, by integrating Plutus scripts onto the blockchain. This important milestone opens up a whole new world of smart contracts, DeFi capabilities, and dApp development on Cardano.”

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Prior to the official announcement, Cardano Foundation stressed the importance of the much-anticipated Alonzo upgrade. The Foundation stated that Alonzo mainnet launch serves as the beginning of a significant era in the Cardano ecosystem.

Cardano Foundation tweeted, “The Alonzo upgrade will bring highly anticipated capabilities to Cardano… this is where the mission truly begins as we – the whole community – start delivering on the vision we have all been working towards for so long.”

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According to Tim Harrison, IOG’s Marketing & Communications Director, in a blog post shared on Twitter by the Cardano Foundation, the upgrade will bring the use cases that everyone in the Cardano ecosystem has been waiting for:

“The Alonzo upgrade will bring highly anticipated capabilities to Cardano through the integration of Plutus scripts onto the blockchain. These will allow the implementation of smart contracts on Cardano, enabling a host of new use cases for decentralized applications (DApps) for the very first time.”

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Solomon Odunayo
Solomon Odunayo is a cryptocurrency journalist with over 3 years of experience in the crypto industry. He's sternly interested in covering developments of emerging and established blockchain projects.

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