2021-03-29 23:23:27

Charles Hoskinson Lays Out the Roadmap for Cardano ($ADA) Smart Contracts

Recently, Charles Hoskinson, Founder of Cardano (ADA), as well as Co-Founder and CEO of IOHK, talked about the development roadmap for smart contracts on the Cardano network. 

Last Thursday (March 25), Hoskinson talked about the rollout plan for Cardano smart contract support during the “Cardano360” virtual conference:

And now we are heading toward what’s called the Alonzo Phase… And here’s kind of a timeline of how that works. So first off, it has to be integrated into the ledger in node code. That’s the heart of Cardano. Then the wallet sits on top of it, then Daedalus. OK, so, what’s occurring right now, all throughout March and all throughout April, is that integration into the node to get ACLI.




Now as the integration is happening, sprint by sprint, partners are being brought in. Then, after that happens, we’ll be able to, at the end of April, early May, launch Alonzo Testnet, which means, for the first time ever, publicly people will be able to write smart contracts and deploy them on Cardona. And to see something that started as a dream slowly come together and turn into something like this is extraordinary.

According to data by CryptoCompare, currently (as of 23:15 UTC), ADA is trading around $1.201, up 0.84% in the past 24-hour period.

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

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