As a report has it, Cardano blockchain has just moved a step closer to the implementation of smart contracts functionality.
IOG recently took to Twitter to announce the submission of the upgrade proposal to the Cardano testnet, which will bring about the hard fork of the blockchain into the Alonzo era.
According to the report, the proposal described as a major milestone on the journey into Alonzo era, will become effective in the next few hours.
IOG tweeted, “Today, we have just submitted an upgrade proposal to the Cardano testnet to hardfork the chain into the Alonzo era and enable smart contract capability. This will take effect within the next few hours.
❗🍴 Today, we have just submitted an upgrade proposal to the #Cardano testnet to hardfork the chain into the #Alonzo era and enable smart contract capability. This will take effect within the next few hours. 1/5@CardanoStiftung @Cardano
— Input Output (@InputOutputHK) August 27, 2021
“This is a major milestone and marks the final, critical stage prior to hard forking the Cardano mainnet, on target for 12 September.
“Over the days ahead, we’ll be doing final checks and testing within a controlled environment to ensure that we are ready to upgrade the main Cardano network. And usher in a transformative era of smart contracts capability.”
Things Playing out as Planned
The fact that the upgrade proposal submission played out as planned implies that things are going as expected as the team works to make the Alonzo mainnet deployment a success.
During the recent episode of Cardano360, Nigel Hemsley, head of delivery at Input Output Global (IOG), said the team planned to make Cardano testnet go live on Sunday 1st September.
During the event, Hemsley said:
“Things looking positive & on track – hoping to be able to submit our update proposal this Sunday & bring smart contract capability to the Cardano testnet for the 1st Sept.”
So, considering the latest development, the mainnet launch of Alonzo may play out on 12th September 2021 as estimated.