Cardano Reaches Another Crucial Milestone That Brings It Closer to Smart Contracts

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Thu, 07/15/2021 - 06:06
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Cardano has officially entered the Alonzo White stage of its smart contract rollout, according to an announcement made by IOHK.

During this phase, it will dramatically increase the number of testers and add more functionalities.

As reported by U.Today, Cardano launched Alonzo Blue, the very first testnet, in late May to much fanfare.  

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After the White era, Alonzo will go fully public during the Purple phase, meaning that it will become available to all stake pool operators (SPOs) and pioneers.

Named after mathematician Alonzo Church, the much-anticipated Alonzo hard fork is expected to be deployed on the mainnet in early September.

It will bring smart contracts to the proof-of-stake blockchain and mark the end of its Goguen era. 

Cardano will be able to establish a presence in the decentralized finance (DeFi) space and compete with the likes of Ethereum, Binance Smart Chain (BSC), and Solana.