In a live brief update on Alonzo conducted on 30th July 2021, Hoskinson said development is progressing as scheduled and things are moving along for the Alonzo hard fork update, which will bring smart contracts functionality to the Cardano network.

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According to the mathematician, for the deployment of Alonzo on the mainnet, the team of developers at IOG are working on two kinds of parallel tracks. He said the first parallel track is the much-awaited hard fork combinator event, which is based on getting Alonzo’s capabilities to the node. While the other parallel track will allow users to build decentralized applications (Dapps) on the blockchain.

Hoskinson then revealed that this implies that users can start running smart contracts on the Cardano network as soon as the hard fork combinator event is implemented.

Charles Hoskinson noted:

“There are kind of two parallel tracks going on at the same time for the launch of Alonzo… Track number one is the hard fork combinator event, strictly about getting Alonzo capabilities to the node. The other track is about building the infrastructure around that node that allows you to run both off-chain and on-chain code and build full Dapps.

“I still believe that most of the development infrastructure will be built in the August-September time frame… What does that mean? It means that you actually can run smart contracts the moment that hard fork comes on Cardano infrastructure and building an increasingly better environment for Cardano apps to be developed and deployed on”

Next Two Months Are Going To Be Fun for Cardano

A couple of days ago, Charles Hoskinson told the teeming Cardano community members that the next two months (August and September) will be fun in the ecosystem, as the team is ready and working tirelessly to shock the critics of Cardano’s project development.

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Hoskinson assured the Cardano community that the roadmap to the implementation of smart contracts functionality on Cardano has not changed. He said he expects critics to keep throwing their usual jibes until then.

Responding to a stern critic of Cardano, Charles Hoskinson wrote, “It’s amazing how delusional some people are. This is honestly the level cardano critics are at now. Next two months are going to be fun. Expect a lot of meltdowns and temper tantrums from the paint chip brigade.”

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The post Charles Hoskinson: Users Can Run Smart Contracts on Cardano Once Hard Fork Combinator Event Plays Out appeared first on Times Tabloid.

The new development was shared a couple of hours ago via the official Twitter handle of Input Output Global (IOG), the software firm behind the development of Cardano (ADA).

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According to the report, the Alonzo testnet has been successfully forked to the new Alonzo White node, stating that the new network is already making blocks as expected.

IOG tweeted, “HARD FORK SUCCESSFUL: Delighted to report around 19.44 UTC today we successfully forked the Alonzo testnet to the new Alonzo White node. The new network is happily making blocks already.”

HARD FORK SUCCESSFUL: Delighted to report around 19.44 UTC today we successfully forked the #Alonzo testnet to the new #AlonzoWhite node. The new network is happily making blocks already. 1/5

— Input Output (@InputOutputHK) July 14, 2021

This has been regarded as a great development by the Cardano community members that expect the emerging smart contract platform to start challenging the stern rival, Ethereum, in a couple of months’ time.

In the thread of tweets, IOG pointed out that the way is getting clearing for the much-awaited Goguen era, which is expected to usher in smart contracts functionality on Cardano.

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IOG stated:

“Over the past week, we have spun up a new network and onboarded our new intake ready to help us move us closer to smart contracts. Now the next stage of the journey begins.

“As well as our core SPO group, we’re now joined by members of the Project Catalyst crew and more Plutus partners. Plus a few more Pioneers to move us forward before opening up further. You can hear more about the journey in our mid-month update – landing Friday.

“We’ll monitor the new network closely over the next 24 hours while continuing to do further QA work on the node tonight. We’ll then review any feedback/results tomorrow and start addressing any required fixes. We expect a number of updates as we add features to Alonzo White.

“Thanks as ever to all our Alonzo testnet volunteers helping us on the journey to Cardano smart contracts! Onwards!”

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What to Expect After Alonzo White Phase

Alonzo is expected to go fully public after the White phase, which is known as Alonzo Purple. This implies that it will become available to all stake pool operators (SPOs) and pioneers.

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The post Cardano Advances to Alonzo White, Brings the Network Closer To Smart Contracts Era appeared first on Times Tabloid.