For Cardano fans there is good news and it has made the price increase by around 17% in the past few days. News of the upcoming “live on-chain” Cardano Smart contract on September 12, 2021.
Indeed, if it is studied or seen, it has been a long wait since the first Cardano blockchain smart contract launched on 27 September 2017.
We're targeting 12 September 2021 for the 'Alonzo' upgrade, bringing smart contracts to Cardano via a hard fork combinator (HFC) event.
Find out more about the journey to a new era of smart contracts, DeFi and more for #Cardano $ADAhttps://t.co/59czSxrxFO
— Goguen Alonzo Development Update - August 13th, 2021
Judging from the news, it can also be concluded that it will coincide with the upgrade update from Alonzo.
With the presence of this smart contract, it means that it will increase the usefulness of ADA later.
And the possibility that can be said is good from this news that the problem of transaction fees will be cheaper with the systematic programming techniques they have prepared.
In the process, the team has faced various criticisms about the slow launch and the absence of smart contracts on Cardano. Meanwhile, smart contracts are now available with a variety of products.
In order to smooth the rollout, the team has said that the crypto exchange should be ready with a full software package, including components like DB-Sync, Cardano wallet, Rossetta API and GraphQL Explorer.
And with that goal in mind, the Cardano Foundation has teamed up with the exchange to initiate integration in Alonzo Purple.
If later all the components in the software are ready, then the next step is to implement the final testnet on September 1, 2021, which should be the last stage before the mainnet launch.
Along with this news, the price of the ADA crypto a few days ago has risen to the top three based on market capitalization.
Hopefully there will be no problems and a setback date later. So that in the future there will be more choices that can be seen from Cardano products later.
Posted Using LeoFinance Beta
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