Cardano Rolls Out Smart Contract Features
It’s been just revealed that the Cardano network has eventually executed the Alonzo hard fork. Check out all the juicy details below. This upgrade is introducing smart contract capabilities, and it also paves the way for...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
It’s been just revealed that the Cardano network has eventually executed the Alonzo hard fork. Check out all the juicy details below.
This upgrade is introducing smart contract capabilities, and it also paves the way for devs to launch a bunch of new projects and apps on the network.
These include DeFi platforms, NFTs, and stablecoins.
Cardano creator Charles Hoskinson said that he believes the platform’s long path to the smart contract era will be beneficial for the entire crypto industry.
“We worked for a very long time. Some of the members of this team have been working for over four years. We did our work. [We did] our homework. We did hundreds of presentations, dozens of papers.”
He continued and said the following:
“So much code was written and a lot of very careful thought went into building a very novel model that’s ubiquitously beneficial, if anything, as an experiment for the industry [that] we feel is the best industrial model.”
In a recent video, Hoskinson continued and said: “And a few weeks later, the latest and greatest version of the Plutus application backend will be released and we’ll have the [Cardano 2021] summit. And there will be a huge spotlight on the ecosystem as a whole. That will be a great event.”
Cardano (ADA) can deliver huge gainsThere are some coins in the crypto market that have massive potential, and more analysts are looking at the prices to predict how can some of them can go.
Now, it’s been revealed that there’s a popular crypto analyst who is looking at Cardano (ADA) and Solana (SOL), and he says that these two have big potential to deliver huge gains.
The online publication the Daily Hodl brings up Jason Pizzino who explained not too long ago the reasons for which Cardano and Solana are flashing bullish signals as the digital asset market heats up.
The post Cardano Rolls Out Smart Contract Features first appeared on CryptoGazette - Cryptocurrency News.Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
Elon Musk’s Grok AI Predicts When Bitcoin Will Finally Hit its Ultimate Price Target
X and SpaceX CEO Elon Musk’s Grok AI predicts something potentially historic could be brewing for Bitcoin by January 1, 2027. This...
Bitcoin long-term holders are selling, and some analysts read it as a rally signal
Long-term Bitcoin holders selling could signal a potential rally, reflecting historical patterns where distribution precedes price...
Ethereum Developers Merge Glamsterdam Fix to Keep Validator Deposits Out of Builder Accounts
Ethereum developers merged a fix on Oct. 26 for a Glamsterdam bug that could have credited a staker’s validator deposit to someone...
Ault Blockchain – Silver First, Then Everything Else
Why you should listen Most new layer ones are built to trade perpetual futures. Ault thinks the bigger gap is in spot commodities....
27-Year-Old Missouri Man Admits Role in Failed Bitcoin Kidnapping Plot
Bitcoin Magazine 27-Year-Old Missouri Man Admits Role in Failed Bitcoin Kidnapping Plot A St. Louis man has admitted his part in a...
OpenAI ChatGPT AI Predicts a Monumental Event for BTC by 2027
Sam Altman’s ChatGPT AI predicts that Bitcoin’s most extreme bullish case may not come from another halving event, the approval of...