On July 14, IOHK, the Cardano network developers, announced the project’s latest testnet called Alonzo white has been deployed. IOHK detailed that it has onboarded new participants and the move will help the project move “closer to smart contracts.” Two days later, a Cardano-based project called Spores raised $2.3 million to build a non-fungible token (NFT) and decentralized finance (defi) marketplace.
Cardano Launches Alonzo White
This week the Cardano (ADA) network launched the project’s successful hard fork of the Alonzo Blue testnet to the Alonzo White node. The upgrade aims to increase participation but also will help bolster functional Cardano-based smart contracts.
“Hard fork successful,” IOHK tweeted on Wednesday. “Delighted to report around 19.44 UTC today we successfully forked the Alonzo testnet to the new Alonzo White node. The new network is happily making blocks already. Over the past week, we have spun up a new network and onboarded our new intake ready to help us move us closer to smart contracts. Now the next stage of the journey begins,” IOHK added.
The recent testnet upgrade follows the recent backlash the founder of Cardano, Charles Hoskinson, saw on Twitter in recent times. Hoskinson was criticized for making projections that hadn’t satisfied some of the expectations within the crypto community.
“As well as our core SPO group, we’re now joined by members of the Project Catalyst crew and more Plutus partners. Plus a few more pioneers to move us forward before opening up further. You can hear more about the journey in our mid-month update,” IOHK said on Wednesday.
NEW VIDEO: On Wednesday, we successfully hardforked into the #AlonzoWhite testnet phase. @timbharrison caught up on the day of the hardfork with some of the team working on the program. Here’s our mid-month update on the progress so far #Cardano
