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Tuesday, September 21, 2021

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Hoskinson’s “green and ready” update on Cardano, Alonzo hardfork

“Everything is green and ready, we are on schedule,” according to IOHK founder and CEO Charles Hoskison. In his latest vlog, he shared quick updates with the community on the upcoming Alonzo hard fork as the network gets closer to launching smart contracts.

Hoskinson noted that the team was already preparing for the public hard fork of the Alonzo testnet. The final testnet launch is scheduled for September 1 and Hoskinson noted that this launch would take place on the main testnet, not the Alonzo Purple which launched earlier this month. He stated,

“Testnet will be in the Alonzo stage, this is not one of those specialized testnets like Purple and all these other testnets. This is the main testnet that we use for exchanges and all the other people and other things. “

However, he also mentioned that although the team had come a long way, there was more work to be done. The team was working over the weekend to make sure everything was in line with the latest version of DB sync. The CEO added that once the transfer is complete on the Alonzo testnet, it will remain there until the upgrade proposal is made on September 9.

The team had previously shared the date for the launch of the smart contracts on Cardano as September 12, and after Hoskinson’s update on how things look, the team could meet the deadline.

IOHK recently shared about submitting an upgrade proposal to Cardano’s testnet to “force the chain into the Alonzo era.” IOHK project director Dimitris Poulopoulos called it an “important milestone” for the platform, noting that until September 12 the team will identify and correct errors to ensure the stability of the network.

As the Cardano team prepared for the long-awaited updates, the ADA token was now recovering to $ 2.90, with almost a 12% gain over the past week.

This is a machine translation of our English version.

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Tammy Sewell is our Writer and Social at OICanadian.com. Tammy loves sports, she writes our celebrities news. She spends time browsing through several celebs news sources as well the Instagram. Email: [email protected] Phone: +1 513-209-1700

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