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HomeCrypto NewsMarketAlonzo White Testnet Hardfork Successful, Another Milestone Achieved By IOHK That Brings Cardano More Closer To Smart Contracts

Alonzo White Testnet Hardfork Successful, Another Milestone Achieved By IOHK That Brings Cardano More Closer To Smart Contracts

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According to the announcement made by Input Output Hong Kong (IOHK), Cardano has officially entered the implementation phase of the Alonzo White smart contract. IOHK successfully forked the Alonzo testnet to the new Alonzo White node.

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At this stage, it will significantly increase the number of testers and add more functionality. As reported before, Cardano launched Alonzo Blue, the first testnet in late May.

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Read: Cardano Milestones: Why Cardano Is In High Demand And Popular Choice Of Retail And Institution Investors

IOHK writes:

“Delighted to report around 19.44 UTC today we successfully forked the Alonzo testnet to the new Alonzo White node. The new network is happily making blocks already.

Over the past week, we have spun up a new network and on boarded our new intake ready to help us move us closer to smart contracts. Now the next stage of the journey begins.

As well as our core SPO group, we’re now joined by members of the Project Catalyst crew and more Plutus partners. Plus a few more Pioneers to move us forward before opening up further. You can hear more about the journey in our mid-month update – landing Friday.

Read: Top Crypto Analyst Highlighted Main Point That Could Push Cardano To Reach $5 By 2022

We’ll monitor the new network closely over the next 24 hours while continuing to do further QA work on the node tonight. We’ll then review any feedback/results tomorrow and start addressing any required fixes. We expect a number of updates as we add features to Alonzo White.

Thanks as ever to all our Alonzo testnet volunteers helping us on the journey to Cardano smart contracts! Onwards.”



After the White Era, Alonzo will become fully public during the Purple Phase, which means it will become available to all SPOs and pioneers. Alonzo highly anticipated hard fork is expected to roll out online in early September. It will bring smart contracts to cardano blockchain and end the Goguen era.

By Alonzo Cardano will be able to gain a foothold in the decentralized finance (DeFi), Non fungible tokens (NFT) and compete with Ethereum, Binance Smart Chain (BSC) and Solana.

 

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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Mark Brennan
Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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