Cardano Launches First Alonzo Testnet, Presents Rollout Plan for Smart Contracts
According to a recent report by Input Output Global (IOG), Cardano has successfully rolled out the first Alonzo testnet. The new development was shared via the official Twitter handle of IOG a couple of hours ago. According to the...
According to a recent report by Input Output Global (IOG), Cardano has successfully rolled out the first Alonzo testnet.
The new development was shared via the official Twitter handle of IOG a couple of hours ago. According to the report, the testnet released will provide core Alonzo-node networking capability.
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This is significant progress that shows that Cardano, the third generation blockchain platform, is making progress towards the launch of Plutus smart contracts, which will make it possible to deploy a wide range of decentralized financial applications on the network.
IOG tweeted, “Today, we are delighted to report we have successfully spun up the first testnet in our Alonzo rollout. AlonzoBlue is our early alpha network, providing core Alonzo-node networking capability.”
Today, we are delighted to report we have successfully spun up the first testnet in our #Alonzo rollout. #AlonzoBlue is our early alpha network, providing core Alonzo-node networking capability. 1/2https://t.co/z8shaZeIhq pic.twitter.com/Eg2t9PdM8x
— Input Output (@InputOutputHK) May 27, 2021
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In the same thread of tweets, the firm added that it has started the process to onboard a select group of staking pool operators (SPOs), Plutus Pioneers and several partners, to help lay the foundations:
“We’ve now started the process of onboarding a small, select group of SPOs & Plutus Pioneers to help lay the foundations. To hear all about the next 90 days and more on AlonzoWhite & AlonzoPurple join us on Cardano360.”
Meanwhile, the creator of Cardano (ADA) had claimed that the Alonzo hard fork would play out in relatively three months. But there was no fixed date for the much-anticipated development.
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However, according to the rollout update of Alonzo presented during the recent Cardano 360 event, smart contracts implementation on the Cardano network should be expected in September 2021.
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