Tuesday, June 18, 2024
HomeBlockchainCardano Launches Alonzo Purple, the First Public Testnet to Support Smart Contracts

Cardano Launches Alonzo Purple, the First Public Testnet to Support Smart Contracts

Cardano is obviously heading in the right direction in relation to the implementation of smart contracts functionality on the mainnet.

According to the latest information shared on Twitter by Input Output Global (IOG), Alonzo Purple, the first public testnet to support smart contract on Cardano has been successfully launched.

Read Also: Cardano (ADA) To Finally Be Listed On a Japanese Crypto Exchange

IOG, in a series of tweets on 6th August, stated that this the development marks significant progress in the rollout of smart contracts on the Cardano mainnet, expected to launch by early September.

IOG announced:

“ALONZO UPDATE: We’re delighted to announce that we have now successfully spun up Alonzo Purple and have today begun the new user onboarding process.

“This is an exciting and important next step in the Alonzo journey. In fact, the Cardano journey. With the support of our OG community testers on the Blue & White phases, Alonzo Purple will be the first fully public Cardano testnet to support smart contracts.

“It’s an important moment, marking significant progress in the rollout of smart contracts on the Cardano mainnet which is targeted for the end of August/early September.”

Read Also: Charles Hoskinson Dismisses Technical Analysis That Claims Cardano (ADA) Price Is Set To Crash

Strong Test Team Invited

According to the report, over 150 strong test team has now been invited to join the new Alonzo Purple network and a new Discord channel.

Additionally, the invitation has also been extended to 300 graduates from the Plutus Pioneer program, the IOG developers’ education course where thousands of developers are trained to code Plutus smart contracts.

The report added:

“Once the initial Alonzo Purple team has been successfully onboarded (kick-off call Monday), we’ll hard fork the network and open Alonzo Purple to any developer who wishes to join.

“We have already been engaging with a number of exchanges on Alonzo White. With Alonzo Purple we’ll broaden this further, adding more exchanges. This integration work – being driven by a Cardano Foundation integration team led by Mel – is crucial to success.

“We want to ensure as many exchanges as possible are ‘Alonzo HF-ready’ when we hard fork the network, to ensure that their customers maintain uninterrupted deposit/withdrawal access to their ada and do not have to wait for this to be sorted out afterwards.”

Read Also: CryptoCapitalVenture Founder Says Cardano Will Eventually Flip Ethereum, Benjamin Cowen Has A Bit Different Opinion

However, the report stated that there is still a very long way to go in the development, but Alonzo is progressing as expected:


“So Alonzo progress is very good. We still have a way to go. We expect more bugs and may yet encounter bumps in the road. That is what a testnet is for. And there is still plenty of integration, testing and ongoing optimization to go.

“But we’re on track and feeling good. And we have an incredible Cardano behind us, alongside us and cheering us on And a truly exciting future, just around the corner.”

Follow us on Twitter, Facebook, Telegram, and Download Our Android App

Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

Latest News & Articles