Cardano Officially Rolls Out Smart Contract Capabilities – Here’s What’s Next, According to Charles Hoskinson

Cardano Officially Rolls Out Smart Contract Capabilities – Here’s What’s Next, According to Charles Hoskinson


The Cardano network has officially executed its highly touted Alonzo hard fork.

The upgrade introduces smart contract capabilities and paves the way for developers to launch a host of new projects and applications on the network, such as decentralized finance (DeFi) platforms, non-fungible tokens (NFTs) and stablecoins.

Source: InputOutput

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Cardano creator Charles Hoskinson says 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.

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

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