The very first smart contract on Alonzo, Cardano’s public testnet, has run successfully, according to a June 11 development update.
As reported by U.Today, smart contracts are expected to be fully rolled out by September.
Advertisement
Fri, 06/04/2021 - 07:00
Cardano Creator Charles Hoskinson Mends Fences With Ethereum's Vitalik Buterin
As soon as partners and pioneers will be able to create basic scripts, Cardano will be ready to transition to “Alonzo White.” According to Nigel Hemsley, IOHK’s head of delivery and projects, they have to successfully prove they can “submit, validate, and execute on-chain.”
During that stage, all Plutus components, including the application backend, will be introduced.
Altlabs, Eleks, Mlabs, Obsidian, and other partners are currently working on such use cases as a token swap, liquidity and stake pools, NFTs, and an exchange.
Enormous 100% XRP Spike: Market Direction Flip?
Morning Crypto Report: US Bitcoin Reserves Soar 64% Overnight, XRP Wallets Hit Historic Records, Coinbase X Hacker Makes $33
Legendary Trader Bollinger Says It's Time to Pay Attention as ETH and SOL Show Reversal Signs
Can Ripple Push XRP Price Up After Recent Crypto Crash?
The testnet will be fully public during the "Alonzo Purple" phase when all stake pool operators and Plutus pioneers will be able to join in.
Advertisement
Dan Burgin
Vladislav Sopov
U.Today Editorial Team