Once they (pioneers and partners) can successfully prove they can submit, validate, and execute we will be ready for (Alonzo) White.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"
Cardano (ADA) has maintained part of its profits from the pre-crash weeks. At the time of writing, the fifth cryptocurrency by market cap trades at $1,50 with moderate losses in the weekly chart. ADA moves with the general market sentiment, undecided, and with no clear direction. However, the bullish case for Cardano revolts around the deployment of its smart contract capabilities, and IOG, its developer, has been making important progress. At the beginning of June, this company launched the first testnet for the platform\u2019s Alonzo era, AlonzoBlue. This phase in Cardano\u2019s development has the objective of stress test their smart contract platform, Plutus. IOG\u2019s media department announced: The first simple Plutus smart contract has this week been successfully run on the AlonzoBlue Cardano testnet. Tim Harrison, IOG\u2019s Marketing Director, the company\u2019s Head of Delivery, Nigel Hemsley, and Delivery Lead, Dimitris Poulopoulos, deep dive into this smart contract first run. Hemsley said that stake pool operators (SPOs) have been successfully running nodes, these community members have been a key component to \u201csort out a bunch of issues\u201d. Pioneers and IOG\u2019s partners have also been running their own nodes and have begun with their first exercises. As NewsBTC reported two weeks ago, Alonzo\u2019s testnet will have several colors coded phases (Blue, White, Purple, and two small stages called Red and Black) before its implementation. Each will have a specific set of objectives and exercises to be completed by IOG and its participant, from the private to the public phase. AlonzoBlue will check basic network functionalities, the initial distribution of ADA to the SPOs with simple Plutus scripts, and others. Poulopoulos added: We can actually talk to the Alonzo node. A Pioneer could create a very simple smart contract and pass it to the ledger. So, they can have their first smart contract written against our network. Where Is Cardano Going Next? The simple smart contracts that can be deployed on Cardano\u2019s AlonzoBlue can have different applications, Poulopoulos said. IOG\u2019s Delivery Lead said that although Alonzo is yet to run a \u201cfancier\u201d smart contract, this represents a major milestone for the platform. At the moment, the stability of AlonzoBlue is the priority. Then, IOG will move to AlonzoWhite and SPOs, pioneers, and partners to \u201cspin un\u201d a new node. In this phase, IOG engineers will integrate bigger components for Plutus, Hemsley said. IOG has received a lot of feedback from the community via GitHub and Discord, Poulopoulos added. To wrap up with AlonzoBlue, the developers expect to build confidence in the network and its components. IOG\u2019s Head of Delivery said: Once they (pioneers and partners) can successfully prove they can submit, validate, and execute we will be ready for (Alonzo) White.<\/p>\n","protected":false},"author":535,"featured_media":462006,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[16896],"tags":[12333,79508,12332],"class_list":["post-465496","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cardano","tag-ada","tag-adausdt","tag-cardano"],"acf":[],"yoast_head":"\n
Cardano Deploys First Simple Smart Contract On AlonzoBlue Testnet<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n