Cardano developer Input Output Hong Kong (IOHK) reveals that it has successfully rolled out a testnet that will play a key role in the smart contract integration of the fifth-largest crypto asset.
In a new tweet, IOHK tells its 122,800 followers that Alonzo Blue, which is the first of three development stages aimed toward the launch of smart contract capabilities for Cardano, is up and running.
“Today, we are delighted to report we have successfully spun up the first testnet in our Alonzo rollout. Alonzo Blue is our early alpha network, providing core Alonzo-node networking capability.
We’ve now started the process of onboarding a small, select group of SPOs (stake pool operators) & Plutus Pioneers to help lay the foundations. “
Cardano’s roadmap en route to the launch of smart contract capabilities will be followed by Alonzo White and Alonzo Purple.
“It’s a 30-60-90-day plan. What this actually means is that you start off with Blue. It’s a little smaller, more tight-knit. We start off with the basic functionality, bring a few pioneers, few SPOs on and we start rolling then and there. We move on to [Alonzo] White where we now cast a little bit wider net and we bring in more partners and now you start running more performance benchmarks and things of that nature. The White rolls into Purple which is now fully public. We’re talking about every pioneer. We’re talking about most SPOs, if not all SPOs. We’re talking about exchanges.
At this stage, we’re really ready to go… Once you get to the Purple stage, we are pretty much close to the hardfork combinator event within that 30-60-90-day window from start to Blue, ending with Purple.”
Cardano creator and IOHK CEO Charles Hoskinson expects the Alonzo upgrade, which will integrate smart contract functionalities to the platform by August, to bring a lot of activity to the company and the wider Cardano community in the next three months.
“So this is probably going to be the busiest 90 days in my company’s history and in the ecosystem’s history.”
Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox
Check Price Action
Surf The Daily Hodl Mix
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/Minerva Studio
