Smart contracts will work in the Cardano blockchain in August-Bits Media

Cardano developers presented a plan to deploy Alonzo hardform in his blockchain. The update will be activated in August and add the possibility of creating and execution of smart contracts.

During the Cardano event 360 IOHK CEO Charles Hoskinson (Charles Hoskinson) The plan of the hardford Alonzo has been released, which will make smart contracts available.

According to the presented roadmap, Alonzo test network can be launched next month. For the first time, developers will be able to deploy smart contracts in the test network. In June, code will be fixed after several months of testing, which will put the start of update activation.

Many new applications can be launched immediately after the deployment of Alonzo in the main network, which is scheduled for August. Cardano developers have already introduced the application, Plutus written in the programming language, which allows you to exchange tokens. It can potentially become a competitor of decentralized exchanges on the Ethereum blockchain.

Over the past few months, two hardfolds have already been held in Cardano. The first renewal of the protocol – Harder Allegra, was activated in December. The second was the hard for Mary, Detailed
In March, who added the possibility of creating user tokens without smart contracts. Alonzo will be the last part of the task, The solution of which will allow Cardano to enter the Goguen era and launch smart contracts on the blockchain.

Recently, the founder and CEO of IOHK Charles Hoskinson in an interview with Bloomberg said, that more than a hundred companies are in the process of transition from Ethereum to Cardano. There were no other evidence of this information.