u.today
During the recent episode of Cardano360 that took place on August 26, head of delivery at Cardano, Nigel Hemsley, stated that Cardano is on track to launch the final testnet before the Alonzo hard fork occurs in the middle of September.
The testnet is to be launched on September 1.
Fresh from #Cardano360: Nigel's update on #Alonzo timings. TLDR: Things looking positive & on track – hoping to be able to submit our update proposal this Sunday & bring smart contract capability to the #Cardano testnet for the 1st Sept. Full video: https://t.co/4AyDhcAAXW pic.twitter.com/m65bSZMTpz
— Input Output (@InputOutputHK) August 27, 2021
Pushing it hard to launch testnet before the Alonzo fork
Talking during Cardano360 on Thursday, Nigel Hemsley shared that his team has been working hard and even on weekends to prepare the launch of the final testnet.
He admitted that there might be an unexpected big issue that will delay the launch but so far everything is “looking positive and on track”.
He said that the proposal for the testnet will be submitted on Sunday and if all goes well, will be implemented on September 1.
Earlier this month, IOHK, the company that created Cardano, launched Alonzo Purple, the first version of the public testnet. There has been several Alonzo testnets – Alonzo Blue, Alonzo White and Alonzo Purple – prior to the rollout of the upgrade on September 12.
Exchanges are readying for Alonzo release
Alonzo will allow users to deploy smart contracts on top of the Cardano chain – the largest Proof-of-Stake blockchain in the crypto industry.
At the moment, Cardano is getting crypto exchanges to support the smart contract hard fork. Several large ones have already begun preparing for the launch of Alonzo – Bittrex, Bitpoint, Coinbase, Coinbase Pro, HitBTC, Kubecoin, etc.
According to Hemsley, Cardano needs as many exchanges participating as possible to provide liquidity before the upgrade is rolled out.