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Cardano, Defi

IOHK has confirmed Smart Contract will happen on September 12, 2021

cardano alonzo smart contracts

Cardano Smart Contract

The smart contract update will take place in the Cardano Alonzo hard fork, which IOHK has confirmed will happen on September 12.

Nigel Hemsley, Cardano’s Head of Delivery, announced this Alonzo mainnet hard fork during the¬†Goguen Alonzo Development Update¬†on August 13.

The testnet hard fork will occur a couple of weeks before, commencing from September 1.

Charles Hoskinson, Cardano‚Äôs founder, first teased this date during a Periscope stream in early August. He first mentioned a potential August 2021 release during the Cardano360 event in March.

In a recent live stream hosted by Hoskinson, the founder described the release as a ‚Äúvery achievable date‚ÄĚ which the community will be happy about.

The smart contract release will take place before the Cardano Summit 2021, scheduled for September 25-26.

These smart contracts will allow for the creation of dApps on Cardano, opening up a variety of potential uses for the blockchain that will allow it to challenge the Ethereum platform.

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