Thursday, June 17, 2021

Alonzo Blue Hard Fork Successful, Brings Cardano Closer to Smart Contracts Implementation

According to Tim Harrison, the director of marketing and communications at Input Output Global (IOG), Alonzo Blue hard fork has been deployed successfully, bringing Cardano blockchain closer to the implementation of smart contracts.

Harrison shared the new development via his official Twitter handle a few hours ago. According to the report, it’s a great milestone to see the testing of the first hard fork combinator go successfully.

Read Also: Charles Hoskinson: Cardano Is Now Close To Implementing Smart Contracts

However, the report added that the testing process is not complete yet. Stake pool operators have their part to play going forward.

Tim Harisson tweeted, “There we go – Alonzo Blue hard fork successful. Important milestone and good to see our first HFC event test (Mary > Alonzo) go successfully. Our SPOs will now do some further testing, before we bring a few more SPOs on board.”

Read Also: Cardano (ADA) ERC-20 Converter on the Verge of Entering Testnet Phase

First Alonzo Testnet Is Live

Cardano has been recording vast progress since the beginning of the year. It’s now closer to welcoming smart contract functionality than ever. Everything is working out for the blockchain project according to its roadmap, which has been boosting the morale of the community of members behind it.

Just a few days ago, IOG announced that Cardano has successfully rolled out the first Alonzo testnet. According to the report, the testnet released will provide core Alonzo-node networking capability.

Read Also: Real Vision’s Raoul Pal: Cardano (ADA) and Polkadot (DOT) Will Massively Outperform Ethereum In A Bullish Environment

This is an indication the launch of Plutus smart contracts is around the corner as aforementioned. In a matter of months, users will be capable of deploying a wide range of decentralized financial applications on the network.

IOG tweeted, “Today, we are delighted to report we have successfully spun up the first testnet in our Alonzo rollout. AlonzoBlue is our early alpha network, providing core Alonzo-node networking capability.”

Cardano (ADA) in the Market

The crypto market led by Bitcoin (BTC) has been trending sideways over the last couple of days. Cardano (ADA) has spent the last few days mostly in the green. However, it has somewhat conformed with the current trend in the crypto market.

Read Also: Charles Hoskinson: Ethereum Is Actually Killing Itself, Cardano Is Leading the Fight

At the time of filing this report, ADA is trading at $1.82, with a 2.35% price uptrend in the last 24 hours.

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Solomon Odunayo
Solomon has a growing passion for writing, this propelled him to keenly work on Eagles News Media for about two years before delving into the cryptocurrency and Blockchain industry he finds more interesting. He worked as a crypto Journalist and Editor at NewsLogical before joining Herald Sheets, owing to the priceless experience he has accumulated since he became a contributor in the crypto community.

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