As September 12, the expected day for Alonzo’s hard fork in Cardano, approaches, the explanations come one after another. In a statement from Cardano developer engineering company IOG, it was stated that Cardano’s mainnet was successfully submitted to a smart contract update proposal. The Alonzo hard fork combiner (HFC) event is now officially as planned by his team. It will take place on September 12.
Staking pool operators, exchanges, and other components are also in great preparation for this change, which IOG describes as “the most important update ever made in Cardano.”
MAY BE INTERESTED – Cardano (ADA) founder Hoskinson: Big FUD storm is coming
Cardano founder and IOG CEO Charles Hoskinson also said that developers already have the Plutus code for their apps and will be able to run it on the blockchain mainnet starting Sunday:
“The offer has been submitted. Everything is ready. Rockets are in the air. On Sunday, the Alonzo hard fork will happen. From now on, there will be smart contracts on Cardano. We are no longer on the testnet, but on the mainnet. So we are waiting for developers with Plutus code on Sunday. A very big moment for us. After that, of course, there will be much more to be done. In October, we will also organize a developer support program according to the developments.”
ADA continues to decline
The ADA price, which fell especially after the allegations that Hoskinson also reacted to and called the “FUD wave”, could not resist the market drop yesterday. The 3rd largest cryptocurrency, which pushed the limit of 3 dollars only a few days ago, is trading at about $ 2.20 at the time of writing.
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