Charles Hoskinson on Cardano’s Smart Contract: “We’ll be there in the next 90 days”
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Charles Hoskinson, the CEO of IOG, has stated that the implementation of smart contracts on the Cardano blockchain is getting closer.

The creator of Cardano (ADA) made this known in a new interview with Crypto Briefing. When asked “what is going to happen next with the Alonzo hard fork”, he said Alonzo Pioneer testnet that will run for two months is underway, followed by feature freeze in June.

Read Also: Charles Hoskinson Engages Billionaire Mark Cuban Who Asked about Cardano (ADA) Use Cases

Hoskinson said the research and development of the crypto project took the team four years, in a bid to come up with the proper programming model for smart contracts.

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Charles Hoskinson noted:

“Cardano conducted a four-year research and development effort to come up with the ideal programming model for smart contracts. What is exciting is that Alonzo is actually where we are turning all of that on. Soon, we are going to launch the Pioneer Testnet and run that for two months and feature freeze at the end of June.

“It will be about four to six weeks to actually do the hard fork and turn on smart contracts for the mainnet. We have also started the Plutus Pioneer Program where we are training over 1,000 developers who expressed interest in writing decentralized applications (dApps) on Cardano.”

Read Also: Cardano Foundation: About 900 Companies Interested To Work with Cardano Are in the Pipeline

Projects Moving From Ethereum to Cardano

Charles Hoskinson also discussed the move of a number of decentralized applications (Dapps) and platforms from Ethereum to Cardano.

According to the mathematician, the arrangement is ongoing for “two dozen different dApps or platforms to come on over.” However, he stated that the transfer will take about 180 days from now:

“That will happen over the next 180 days. It is a little hard to begin that conversation. Projects usually want to ask questions like whether they can have a testnet they can run on. Those will start when Alonzo Testnet comes over.”

Read Also: Julian Michaels to Mark Cuban: Dogecoin Over Cardano (ADA) Is Like Choosing a Porn Star over Sophia Lauren

Hoskinson also stressed that some projects chose to become multi-chain, which implies that they will not move completely from Ethereum to Cardano. However, some are interested in moving to the Cardano blockchain completely:

“Usually, the conversation is not explicit migration from Ethereum to Cardano. Instead, what we have seen industry-wide is that projects want to become multi-chain. Having said that, some have already expressed interest in fully migrating to Cardano. SingularityNet is one such migration.”

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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.