• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Cardano Testnet Now Supports Smart Contracts With Rollout of Critical Alonzo Update

August 8, 2021
in Altcoin
Reading Time: 2min read
0 0
A A
3
Cardano and Six Altcoins Primed To Explode in June, According to Altcoin Daily
0
SHARES
6
VIEWS
ShareShareShareShareShare

Input Output Hong Kong (IOHK) says it is gearing up to roll out the final phase of Cardano’s Alonzo update, which will bring smart contract capabilities to the world’s fifth-largest crypto by market cap.

The Cardano developer tells its 145,000 Twitter followers that the Alonzo Purple testnet is up and running and is undergoing an onboarding process.

 

IOHK says that it’s aiming for Cardano to launch full smart contract compatibility in the coming weeks.

“It’s an important moment, marking significant progress in the rollout of smart contracts on the Cardano mainnet which is targeted for the end of August/early September.”

IOHK also says it’s been communicating with crypto exchanges in preparation for the update to ensure that ADA holders can smoothly transition into Cardano’s smart contract era.

“We want to ensure as many exchanges as possible are ‘[Alonzo hard-fork-ready]’ when we hard fork the network, to ensure that their customers maintain uninterrupted deposit/withdrawal access to their ADA and do not have to wait for this to be sorted out afterwards.”

In a live stream, Cardano creator Charles Hoskinson says that following the hard fork combinator (HFC) event, developers will be able to start coding smart contacts onto the Cardano blockchain using Plutus code.

“What’s really cool is that five seconds after the HFC event occurs, you can run Plutus code on Cardano… If you’re really creative and really understand our stack, you guys can actually start writing and deploying your smart contracts on mainnet if you so choose, which is pretty awesome. Or you can wait two, three weeks and the testnet will be in a position where you have the full ‘Cadillac’ experience, and you can write stuff and deploy it there.”

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix
 

Check Latest News Headlines

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/tunnelmotions/Dario Lo Presti


Credit: Source link

ShareTweetSendPinShare
Previous Post

Unblock the Cryptocurrency World with Ivacy VPN for $0.99!

Next Post

Top Crypto Trader Predicts End of Dogecoin’s Bear Trend, Says One Sleeping Giant Could Be Ready To Surge

Next Post
Top Crypto Trader Predicts End of Dogecoin’s Bear Trend, Says One Sleeping Giant Could Be Ready To Surge

Top Crypto Trader Predicts End of Dogecoin's Bear Trend, Says One Sleeping Giant Could Be Ready To Surge

Comments 3

  1. casino slot online indonesia says:
    5 years ago

    There are always a variety of casino activities on the web, and plenty of them have “number deposit” bonus sport position machines. Numerous about these number deposit game slot devices is that should you get tired of enjoying, you can just go out and leave without having to concern yourself with dropping anything! This is a very beautiful offer from casinos to players, and since they don’t demand a deposit they inspire people to play their slots more regularly, which will increase the total amount of money that people win on their machines.

  2. game slot online indonesia says:
    5 years ago

    There are a variety of casino games on the internet, and a lot of them have “no deposit” bonus game slot machines. The good thing about these no deposit game slot machines is that if you get tired of playing, you can just walk out and leave without having to worry about losing any money! This is a very attractive offer from casinos to players, and since they do not require a deposit they encourage people to play their slots more often, which in turn will increase the amount of money that players win on their machines.

  3. situs judi online slot says:
    5 years ago

    Win the round if you have the highest roll following everyone has taken a turn. Each place is marked by a button and it is rotated clockwise to allow the vendor know the purchase of betting.

You might also like

Bitcoin’s Brief Rally Isn’t The End Of The Bear Market: Analysts

Bitcoin’s Brief Rally Isn’t The End Of The Bear Market: Analysts

March 7, 2026
Bitcoin On-Chain Data Identifies Unusual Market Cap Behavior

Bitcoin On-Chain Data Identifies Unusual Market Cap Behavior

March 7, 2026
XRP Price Prediction: Binance Data Flashes Extreme Signal — What’s Going On?

XRP Price Prediction: Binance Data Flashes Extreme Signal — What’s Going On?

March 6, 2026
Why XRP’s Long-Term Vision Lies In The Internet Of Value Stack

Why XRP’s Long-Term Vision Lies In The Internet Of Value Stack

March 9, 2026
HBAR Price Prediction: Targeting $0.30 by December 2025 as Hedera Tests Critical Breakout Level

HBAR Price Prediction: Hedera Eyes $0.12 Recovery After Testing Critical Support at $0.10

March 7, 2026
How Much Will Shiba Inu Price Be If Dogecoin Hits $10?

How Much Will Shiba Inu Price Be If Dogecoin Hits $10?

March 6, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Bonk Fun Website Hijacked: Live Exploit Is Draining User Funds

Bonk Fun Website Hijacked: Live Exploit Is Draining User Funds

March 12, 2026
Binance Launches Defamation Lawsuit Against Wall Street Journal Over Iran Sanctions Claims

Binance Launches Defamation Lawsuit Against Wall Street Journal Over Iran Sanctions Claims

March 12, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.