Back in March, the network underwent the Mary hard fork, an...

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    Back in March, the network underwent the Mary hard fork, an update that brought native multi-asset support to the Cardano ecosystem. Since then, Cardano has been on the road to its next, much-anticipated hard fork event – Alonzo – with the latter expected to finally help developers build smart contracts on Cardano.

    In fact, the first-ever Plutus smart contract went live on the test net just a few days ago. This is progress, something alluded to by Cardano creator Charles Hoskinson on a recent podcast after he categorically promised that, “We’ll be there in the next 90days.”

    “Right now, we are multi-asset so, you can do meta-data and issue tokens on Cardano. But, you’d have limited programmability on-chain. Alonzo adds that programmability. We already have most of the foundations of the extended UTXO model ready.”

    The creator of Cardano also went on to claim that while the testing phase is still ongoing and will continue for a while as the ecosystem moves from Blue to White to Purple, the success of Alonzo Blue’s initial phases means that the upcoming hard fork is still well on track.

    There are over 100 exchanges that have listed Cardano, lots of wallet infrastructure, and different constituencies. So, it’s less of a technological problem now and is more of a coordination problem.

    https://ambcrypto.com/this-is-the-biggest-concern-ahead-of-alonzo-bringing-smart-contracts-to-cardano/

    Last edited by Jason.ctpics: 19/06/21
 
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