Cardano grows closer to launching smart contracts with new testnet
The Alonzo White testnet brings NFTs and various De-Fi use cases one step closer for Cardano. IOHK, the blockchain development team behind Cardano, announced on July 15 that the project’s Alonzo test net had officially transitioned from Blue to White, bringing with it the ecosystem’s long anticipated expansion to functional smart contracts.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 While the....
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On July 14, IOHK, the Cardano network developers, announced the project’s latest testnet called Alonzo white has been deployed. IOHK detailed that it has onboarded new participants and the move will help the project move “closer to smart contracts.” Two days later, a Cardano-based project called Spores raised $2.3 million to build a non-fungible token (NFT) and decentralized finance (defi) marketplace. Cardano Launches Alonzo White This week the Cardano (ADA) network launched the project’s successful hard fork of the Alonzo Blue testnet to the Alonzo White node.....
Cardano continues to make strides on the smart contracts front. The Alonzo White Hard Fork was released last month and is working as intended. This put the network even one step closer to successfully implementing smart contracts for the riders public. Staying true to this plan, the Cardano network has now unveiled the public testate […]
According to the announcement from IOHK, “Project Alonzon testnet” has moved from Blue to White and is making it possible for Cardano to launch smart contracts. IOHK is the development team of the Cardano blockchain. The team made the announcement recently, revealing that the testnet is successful. Related Reading | Anthony Di Lorio To Leave Cryptocurrency Space For Philanthropic Initiatives In their announcement, the development team shared the success of the “#Alonzon testnet” fork to a new version, “#AlonzonWhitenode.” The announcement also....
A raft of smart contracts are listed on Cardano's explorer, but they are in a timelock and cannot be used yet. More than 200 smart contracts have been listed on the Cardano blockchain explorer following the Alonzo upgrade on September 13 — but there’s a catch. As of now, the 200 smart contracts listed are in timelock and cannot be used by developers until they’re released.The Vercel App currently puts the number of smart contracts readying to be launched at more than 2200.Smart contracts have been a long-anticipated feature on Cardano since its launch in 2017 and the functionality was....
Smart contracts have been in the crypto space for quite a while now, most recently debuting on Cardano. With the rise of decentralized finance (DeFi), smart contracts have become even more important to the entire industry. This is because they are required to build the protocols on which these decentralized applications (DApps) run on. As they have grown in popularity, smart contracts platforms like Ethereum and Solana have recorded great success with them. Cardano has been working on bringing smart contracts to its network for a while and on September 12th, that dream became a reality....