Top Analyst Reveals Crucial Levels Cardano (ADA) Must Maintain To Sustain Bullish Momentum
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Cardano (ADA), the emerging smart contracts platform, has once again beaten other blockchain projects, such as Ethereum, Kusama, Polkadot, among others, by a very wide margin.

This indicates that Cardano’s team of developers is busy pushing for the Alonzo hard fork slated for August, which will bring smart contracts functionality to Cardano.

Read Also: Charles Hoskinson: Over 10,000 Tokens on Cardano Will Go Commercial Once We Turn On Smart Contracts

For the past couple of months, Cardano (ADA) has been coming on top among other competing blockchain projects in terms of number of commits on Github.

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The new development was shared by ProofofGithub, the tool for on-the-spot crypto GitHub metrics. According to the report, while Cardano occupies the first position with 431 commits, Ethereum, the largest smart contracts platform, only manages 5th place with 248 commits behind Kusama, Polkadot, and Gnosis.

Read Also: Canada-based Graph Blockchain Announces Purchase of $300,000 In ADA for Staking

When Full Smart Contracts Functionality Will Go Live On Cardano Network

As Cardano community members anticipate the rollout of smart contracts functionality on the Cardano blockchain, a means to track the development from Alonzo node to Goguen was made available a couple of weeks ago.

Considering the countdown, there are now just two phases before Goguen, which are Alonzo SPO Testnet and Alonzo Feature Freeze.

In 14 days’ time, there will be an implementation of the private testnet for Goguen, known as Alonzo SPO Testnet. In this phase, a number of Cardano’s stake pool operators (SPOs) and the partners of IOG will test the first version of the Alonzo node.

Alonzo Feature Freeze comes about 31 days after the aforementioned phase. This is the aspect where the code will be locked down:

“We lock down the code, this is the big one! After 2+ months of rigorous testing in the private and pioneers testnets, the codebase will have been ironed out. Now we freeze the codebase and run stress tests on the networks one more time to ensure everyting is rock solid because next comes.”

Read Also: Cardano (ADA) +3,290% One-Year Return Outperforms BTC, ETH, BNB, Others –Compound Capital Advisors Founder

According to the update, the Alonzo hard fork combinator, which will usher in the Goguen era will be implemented in 75 days’ time.

This phase will welcome “Full Smart Contract functionality, Haskell and formally verified DAOs, ERC-20 importers on the Cardano mainnet.”

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Tobi Loba

By Tobi Loba

Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.