The CEO of Input Output Global (IOG), Charles Hoskinson, who created Cardano (ADA), the largest proof-of-stake (PoS) blockchain in the crypto industry, has some hours ago taken to Twitter to showcase the current capacity of the Cardano ecosystem as the community awaits the mainnet launch of Alonzo, an upgrade that will implement smart contacts functionality on Cardano.
The images shared by Cardano Rise and retweeted by Hoskinson showcase the growth of the Cardano ecosystem between May 2021 and August 2021.
Read Also: Cardano (ADA) Finally Makes The Much-Awaited Debut In Japan. Why Is This Important?
Charles Hoskinson wrote, “Moving the chains.”
Over the past few weeks, the Cardano ecosystem has been welcoming expected developments. The community is earnestly waiting to see the launch of smart contracts on the Cardano network, and the team behind the development is doing the right thing to make this happen has scheduled.
About two days ago, IOG announced the submission of the upgrade proposal to the Cardano testnet, which will pave the way for the final testnet launch on 1st September 2021.
According to the report, the proposal is a major milestone on the journey into the much-awaited Alonzo era.
IOG announced, “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.
“This is a major milestone and marks the final, critical stage prior to hard forking the Cardano mainnet, on target for 12 September.
Read Also: Credible Crypto: XRP Is Destined To Reach Somewhere Between $20 and $30 in This Bull Cycle
“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.”
Follow us on Twitter, Facebook, Telegram, and Download Our Android App
Terra Classic (LUNC) is currently trading at $0.0001056, reflecting a modest increase of 0.36% over…
Ljubljana, Slovenia, April 29th, 2024, ChainwireThe explosive rise of Artificial Intelligence has sparked the first…
Grundsheim, germany, April 29th, 2024, ChainwireToday marks an important date in the world of realistic…
EGRAG CRYPTO (@egragcrypto), a prominent analyst in the cryptocurrency space, has made a bold prediction…
As Bitbot's presale draws attention with its market dynamics and Kelexo's presale gains ground amidst…
RoboHero experienced significant challenges when hackers targeted their Twitter account on April 2, 2024. RoboHero,…