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Date of Cardano’s Smart Contract Launch Officially Confirmed

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Tue, 7/09/2021 - 19:27
Date of Cardano’s Smart Contract Launch Officially Confirmed
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A smart contract update proposal has been successfully submitted to Cardano’s mainnet, according to a recent announcement made by developer IOG.

The Alonzo hard fork combinator (HFC) event will now officially take place on Sept. 12, which is in line with the team’s original schedule.

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Presently, stake pool operators, exchanges and other partners keep preparing for Cardano’s most significant upgrade to date.

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IOG CEO Charles Hoskinson says that developers who already have Plutus code for their applications will be able to run it on the blockchain’s mainnet starting from Sunday.  

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While the smart contract launch is just around the corner, the price of the ADA cryptocurrency is under severe pressure amid a major market correction. Earlier today, the price of the third-largest coin plunged by more than 30 percent to as low as $2.

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