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HomeCrypto NewsMarketCardano Founder, Charles Hoskinson "Users Can Run Smart Contracts The Moment Hard Fork Comes On."

Cardano Founder, Charles Hoskinson “Users Can Run Smart Contracts The Moment Hard Fork Comes On.”

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Cardano (ADA) founder Charles Hoskinson in his latest live stream update on YouTube confirmed that “we are on schedule things are moving along, chugging away” with the ‘Alonzo’ hard fork update.



​​In his brief video, Hoskinson revealed that a parallel hard fork is required and it’s not something done sequentially as there are two parallel tracks taking place simultaneously; track number one is the hard fork itself, and the other is building around that node.

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Charles confirmed:

“There are kind of two parallel tracks going on at the same time for the launch of Alonzo. Track number one is the hard fork combinator event, strictly about getting Alonzo capabilities to the node the other track is about building the infrastructure around that node that allows you to run both off-chain and on-chain code and build full Dapps.

I still believe that most of the development infrastructure will be built in the August-September time frame. What does that mean? It means that you actually can run smart contracts the moment that hard fork comes on Cardano infrastructure and building an increasingly better environment for Cardano apps to be developed and deployed on”





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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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