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09/08/2021

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Charles Hoskinson Announces Tentative Date For Hard Fork 

Charles Hoskinson finally affixes some numbers to a month, but stops short of finalizing a precise date for Cardano’s Alonzo Hard Fork Combinator event. Main Points Alonzo hard fork tentatively scheduled What happens to the haters? Alonzo Hard Fork...

Charles Hoskinson Announces Tentative Date For Hard Fork 

Charles Hoskinson finally affixes some numbers to a month, but stops short of finalizing a precise date for Cardano’s Alonzo Hard Fork Combinator event.

Main Points

  • Alonzo hard fork tentatively scheduled
  • What happens to the haters?

Alonzo Hard Fork Tentatively Scheduled

During a livestream yesterday, Charles Hoskinson finally announced a range of dates for when to expect Cardano’s Alonzo Hard Fork Combinator (HFC) to go live and finally bring smart contracts to the third generation crypto project. Hoskinson estimates the launch will occur somewhere between August 31st and September 7th.

Hoskinson explained the reason for the range: “As many of you know, when we do a HFC event, it has to be triggered 5 days before the actual day that the HFC occurs. If it’s August 31, then that would be the 26 that it has to be triggered on.”

 Why it’s a Big Deal

According to Hoskinson, the date will be finalized mid-month, “based upon the feedback we get from the exchanges, the foundation, EMURGO, and the rest of the of the partners…”

Alonzo is the third and final stage of Goguen, the smart contract phase of the Cardano roadmap. The first stage, the Mary hard fork went live in March, allowing for creating tokens. While Daedalus went live in April, which allowed trading of tokens on the network.

What Happens To The Haters?

Yes, a range of dates isn’t inherently newsworthy, but it is when it comes to Cardano. The proof of stake project launched in 2017 promising smart contracts. And they are finally here. Kind of. Sort of. Almost.

Hoskinson is often mocked for not meeting soft deadlines, but it’s looking like he actually met his most recent one. He announced during his 4 hour plus podcast with Lex Fridman to expect smart contracts in 90 days.

At the time, the prediction markets didn’t buy it. Neither did the reply guys on one of George’s tweets.

Though, with the Alonzo HFC barely a month away, I think, barring a statistically impossible exit scam, it’s more than likely that Cardano is the real deal.

It will be interesting to see how the Cardano haters move the goalposts from here.

Charles Hoskinson

https://www.reddit.com/r/cardano

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