Cardano To Launch Smart Contract With New Testnets Anytime Soon.
2021-07-17 | Mike Hallen

IOHK, the blockchain development team behind Cardano, revealed earlier on 15
th July that the project’s Alonzo test net had officially
transitioned from Blue to White, bringing with it the ecosystem’s long-anticipated expansion to functional smart contracts.

While the earlier testnet,
referred to as Alonzo Blue, did offer some smart contract features, these were solely available to a limited number of insiders. Yesterday’s upgrade will permit about 500 validators, stake pool operators, and developers
to check these features going forward.
Alonzo White
is set to
run two to four weeks prior to upgrading to
the ultimate testnet for its present development phase,
referred to as Alonzo Purple.
Despite some recent
backlash from others
within the blockchain community, Cardano founder Charles Hoskinson recently revealed within a
YouTube video that everything
remains on target consistent with the project's development roadmap, adding that over $10 Mln in NFTs
are sold throughout the Cardano network
alongside “tens of thousands of assets”. Once Alonzo White is released to the mainnet, developers will be able to launch dApps, NFTs, and more.
On the heels of the Alonzo White announcement, an NFT and DeFi Marketplace referred to as the Spores Network
announced a successful $2.3 Mln fundraise earlier on 16
th July.
The firm added that it hopes to leverage Cardano's lower transaction costs, lower carbon footprints,
and better transaction throughput to bring NFTs to mainstream users.
With more firms and artists joining the growing NFT market,
like Dolce and Gabbana and a fantasy soccer platform, bringing more NFTs to the network
could lead to big gains for Cardano as well as its users.
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