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Date of Cardano’s Smart Contract Launch Officially Confirmed

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Tue, 7/09/2021 - 19:27
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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.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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