The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
All Alt Coin

Cardano: First-ever Plutus smart contract goes live on Alonzo testnet

by Miki 06/12/2021
by Miki 06/12/2021 0 comment

Cardano, the fifth-largest cryptocurrency in the market, has been one of the most talked-about altcoins of late. Not so long ago, it successfully pushed out the first testnet of its Alonzo rollout. Since then, anticipation for its later developments has been sky-high.

Cardano is in the news again today on the back of a conversation that saw IOHK’s Marketing Director Tim Harrison, Head of Delivery Nigel Hemsley, and Delivery Lead Dimitris Poulopoulos highlight the ecosystem’s latest updates.

Perhaps, the most crucial of these developments was tweeted out by IOHK, with the same announcing,

“The first simple Plutus smart contract has this week been successfully run on the AlonzoBlue Cardano testnet” – learn more in June’s mid-month development update https://t.co/3WEQi9hqCX

— IOHK Media (@IOHKMedia) June 11, 2021

To elaborate further, the respective smart contract is written in a specific Cardano-programmed language called Plutus. As part of the Alonzo Blue phase, the first phase, it incorporated a command-line interface (CLI) for writing “Hello World”-style smart contracts. The initial phase of Alonzo includes only a limited set of staking pool operators and early Cardano (ADA) enthusiasts (‘pioneers’).

To support such experiments, the project has collaborated with different external teams, namely, Altlabs, Eleks, Mlabs, Obsidian, and other partners to work on use cases. These include a variety of decentralized finance segments such as decentralized data oracles, decentralized digital assets exchanges (DEXs), liquidity and staking pools, lending/borrowing tools, crypto-backed stablecoins, and NFTs.

Next couple of weeks…

As soon as this limited set of partners and pioneers become compatible with these basic scripts, the next phase will follow i.e. Alonzo White. According to Nigel Hemsley, however, for that to happen,

“…they have to successfully prove they can submit, validate, and execute on-chain.”

Not so basic after all.

However, IF successful in that aspect, Alonzo White plans to incorporate 500 community members, pioneers, stakepool operators (SPO) and bring them on board in July.

Finally, in the integral last phase, Alonzo purple, the testnet will be fully public with all Pioneers onboarded with the partners’ dApps.

As per the Alonzo rollout plan, the smart contracts are scheduled to be fully implemented by September.

Needless to say, with such developments, expectations are bound to rise and so should the altcoin’s price. At the time of writing, ADA was trading around the $1.39 price level, having witnessed a correction of around 8% in 24 hours.



Source link

Views: 0
AlonzoCardanoContractfirsteverLivePlutusSmarttestnet
Share
0
FacebookTwitterPinterestEmail
previous post
Decentralized trading platform Balancer launches V2 to become DeFi primary liquidity source
next post
The BitPay Wallet – An Easy to Follow Guide for New Users

Related Posts

Are Solana’s bulls really strong enough to halt...

12/29/2021

IXFI Announces Launch of New-Age Exchange Platform

12/29/2021

Litecoin repeating history will have this effect on...

12/28/2021

More than just a game – what GameFi...

12/28/2021

Even as network hits one million users, FTT...

12/28/2021

Fintech Expert Makes Six Bold Predictions for Crypto...

12/28/2021

A recovery rally in play for Sushiswap, as...

12/28/2021

SEC Accused of Deliberately Trying to ‘Kill’ XRP...

12/28/2021

Recent gains may finally boost Aave’s dominance in...

12/28/2021

Santa Floki Price Rallies 5,000% after Elon Musk’s...

12/28/2021

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

    12/29/2021
  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

    12/29/2021
  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

    12/29/2021
  • Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

    12/29/2021
  • Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

    12/29/2021

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)

About Us

About Us

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, blockchain, Market, and more.

Featured Posts

  • Cardano Founder: Ethereum Will Overtake Bitcoin

  • The Ratio of Bitcoin’s Supply on Exchanges Hit a 6-Month Low

  • IBC Group Terminates BTC & ETH Mining Operations in China

Recent Posts

  • Are Solana’s bulls really strong enough to halt further decline

  • Elon Musk thinks this individual could be the potential Bitcoin (BTC) creator Satoshi

  • Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

Categories

  • All Alt Coin (2,280)
  • Analysis (312)
  • Bitcoin (1,302)
  • Blockchain (1,068)
  • Dogecoin (700)
  • Ethereum (304)
  • Learn (139)
  • Ripple (149)
  • Facebook
  • Instagram
  • Linkedin
  • Contact
  • Privacy Policy
  • Terms & Conditions

@2021 -thecryptonewsweb.com - All Right Reserved.

The New Jersey Crypto News
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Ripple
    • Dogecoin
    • All Alt Coin
  • Learn
    • Learn

      How to Trade Futures Contracts on Changelly PRO

      11/14/2021

      Learn

      EtherLite (ETL) Cryptocurrency Price Prediction

      11/12/2021

      Learn

      How to Trade Bitcoin Futures

      11/12/2021

      Learn

      How to Start Trading Cryptocurrency

      10/21/2021

      Learn

      How to Create Your Own Cryptocurrency

      10/13/2021

  • Analysis
    • Analysis

      Bitcoin is Struggling, But It’s Too Early to Say Bulls Have Given Up

      12/29/2021

      Analysis

      Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

      12/29/2021

      Analysis

      Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k

      12/28/2021

      Analysis

      Charles Hoskinson Shares Cardano Plans for 2022

      12/28/2021

      Analysis

      Bitcoin Prints Bullish Pattern, Why BTC Could Surge To $50K

      12/27/2021

  • Blockchain
    • Blockchain

      Iran Bans Crypto Mining to Avert Major Blackouts in Winter Season

      12/29/2021

      Blockchain

      Italian Sports Car Maker Ferrari Inks Multi-Year Deal With Blockchain Firm Velas Network AG…

      12/29/2021

      Blockchain

      ProShares Files for New Metaverse ETF With U.S. SEC

      12/28/2021

      Blockchain

      Ozzy Osbourne Reveals Cryptobatz NFT Project Paying Tribute to His Iconic Bat Bite –…

      12/28/2021

      Blockchain

      Binance Trading Platform Licenses in Bahrain, Canada

      12/28/2021

  • Market Cap
  • RelevantRelevant(REL)$0.825.35%
  • Heart NumberHeart Number(HTN)$0.000553-30.47%
  • TadpoleTadpole(TAD)$7.32-1.76%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184214-2.17%
  • SakeTokenSakeToken(SAKE)$0.0127234.37%
  • WTF TokenWTF Token(WTF)$0.0113500.16%
  • BNSD FinanceBNSD Finance(BNSD)$0.005460-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%
  • YAM v2YAM v2(YAMV2)$4.70-1.41%
  • PolkaBridgePolkaBridge(PBR)$0.439876-7.02%
  • DSLA ProtocolDSLA Protocol(DSLA)$0.003681-6.85%
  • lympoLympo(LYM)$0.004392-4.43%
  • Falcon ProjectFalcon Project(FNT)$0.000366-2.23%
  • DYORDYOR(DYOR)$0.00002020.53%
  • TICOEX TokenTICOEX Token(TICO)$0.0013640.52%
  • MMS Cash TokenMMS Cash Token(MCASH)$1.000.00%
  • bitcoinBitcoin(BTC)$29,017.00-3.50%
  • ethereumEthereum(ETH)$1,960.83-4.37%
  • tetherTether(USDT)$1.000.11%
  • usd-coinUSD Coin(USDC)$1.000.07%
  • binancecoinBNB(BNB)$291.96-3.11%
  • rippleXRP(XRP)$0.410038-3.75%
  • Binance USDBinance USD(BUSD)$1.010.35%
  • cardanoCardano(ADA)$0.52-7.88%
  • SolanaSolana(SOL)$50.63-7.09%
  • dogecoinDogecoin(DOGE)$0.085215-4.36%
  • polkadotPolkadot(DOT)$9.92-7.44%
  • AvalancheAvalanche(AVAX)$30.50-8.15%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$29,013.00-3.53%
  • Lido Staked EtherLido Staked Ether(STETH)$1,927.94-4.34%
  • tronTRON(TRX)$0.0705730.54%
  • VectoriumVectorium(VECT)$425.81-3.49%
  • Shiba InuShiba Inu(SHIB)$0.000012-4.77%
  • daiDai(DAI)$1.000.06%
  • Power CashPower Cash(PRCH)$0.017570881.24%
  • AlexAlex(ALEX)$0.068435-0.04%
  • litecoinLitecoin(LTC)$67.71-5.42%
  • CronosCronos(CRO)$0.186867-4.09%
  • LADZLADZ(LADZ)$0.0686894.36%
  • leo-tokenLEO Token(LEO)$4.941.00%
  • matic-networkPolygon(MATIC)$0.64-6.99%
  • NEAR ProtocolNEAR Protocol(NEAR)$6.05-8.63%
  • FTX TokenFTX Token(FTT)$30.19-4.90%
  • HederaHedera(HBAR)$0.389473-3.44%
  • bitcoin-cashBitcoin Cash(BCH)$192.41-6.75%
  • RareRare(RARE)$0.0461220.00%
  • stellarStellar(XLM)$0.131937-3.16%