Tim Harrison, the marketing and communications director at Input Output Global (IOG), has recently announced that 12th September has been slated for the mainnet deployment of Alonzo hard fork.
This upgrade is one of the most anticipated developments in the cryptocurrency ecosystem. As it is widely known, this hard fork will give users the room to run smart contracts on Cardano, which is currently the largest proof of stake (PoS) blockchain.
Read Also: Cardano Creator Proposes Rally in Washington In Support Of Crypto Following Senators’ Failure
According to Cardano’s head of delivery, Nigel Hemsley, engineering and test teams are putting their efforts together to make the hard fork combinator event a success.
For the time being as reported by U.Today, partners will continue to work on their respective decentralized applications (DApps), which are written in Plutus programming language.
At the end of the Purple phase, as stated by the head of delivery at IOG, Cardano will end up with relatively 500 members that are currently working on the network.
Hemsley added that the software firm, IOG, will have its final mainnet candidate released for the node Plutus Core.
Also, the report says that Cardano testnet has been scheduled for hard fork on 1st September to make the team see its performance in a production environment.
Read Also: Cardano Founder Suggests What Could Prevent the US Anti-Crypto Infrastructure Bill
According to Hemsley, all the events mentioned above are vital for the successful deployment of Alonzo hard fork.
Nigel Hemsley noted:
“As we come up toward this hard fork, we will deliver the Plutus capability, a full toolbox of smart contract capability, and then we’ll start it right from there. It gives us the foundation to build on Cardano…We’ll have more and more dApps and other innovations coming out shortly afterwards.”
Follow us on Twitter, Facebook, Telegram, and Download Our Android App
Eidoo Wallet — Your Convenient Access to the World of Cryptocurrencies In the modern world…
With the recent global acceptance of gambling, we now have a plethora of online casinos…
Twitch is the most popular live streaming platform on the planet. Primarily streaming gaming, it…
Recent regulatory changes are reshaping the United States cryptocurrency industry, bringing significant impacts to digital…
The cryptocurrency market is no stranger to unexpected success stories, but few are as captivating…
As we dive into November 2024, the crypto market is buzzing with new opportunities. Algorand…