Cardano and the Alonzo Upgrade: A New Era of Smart Contracts
The 'Alonzo' upgrade is a significant milestone in Cardano's development that introduced smart contract functionality to the network. Named after mathematician Alonzo Church, this upgrade marked a pivotal moment for the blockchain and its potential.
Cardano’s Alonzo upgrade is now live on the mainnet! On September 12, 2021, the Cardano blockchain took a giant leap forward with the Alonzo Hard Fork, ushering in the era of smart contracts, decentralized applications (DApps), and new possibilities for the ecosystem. The wait is finally over!
What the Alonzo Upgrade Means for Cardano
Following the Alonzo upgrade, Cardano now has smart contract functionality and capability, allowing developers to deploy their own smart contracts on the Cardano blockchain. This opened up a world of opportunities for building decentralized finance (DeFi) applications, NFTs, and more.
Cardano’s much-talked-about and anticipated Hard Fork Upgrade, Alonzo saw the light of day on September 12, 2021. This latest update marks the dawn of an era of smart contracts.
Alonzo: A Key Step in Cardano's Roadmap
The Alonzo upgrade is the third and final hard fork before Cardano transitions from its decentralization phase Shelley to its smart contract phase, Goguen. This strategic move solidified Cardano's position as a leading blockchain platform, ready to compete with other smart contract-enabled networks.
Exploring the Cardano Ecosystem Post-Alonzo
With the Alonzo upgrade online on September 12, 2021, Cardano finally started to implement smart contracts in its ecosystem. In this deep dive, we look at some of the interesting projects being built on Cardano leveraging this new capability. The Alonzo upgrade brought this in!