For a while, crypto enthusiasts have been waiting for Cardano to release its smart contracts, and the wait seems to have come to an end.
Before the smart contracts feature was released, the ecosystem had to undergo Alonzo hard fork. By doing the hard fork, smart contracts can now be written on Cardano with Plutus scripts.
According to Cardano Foundation’s Twitter page, this hard fork would bring a lot of benefits. It stated that,
“The Alonzo upgrade will bring highly anticipated capabilities to Cardano… this is where the mission truly begins as we – the whole community – start delivering on the vision we have all been working towards for so long.”
Cardano shared the tweet of the popular Input-Output page which told the tale of how long the team has been working to deploy the smart contracts. This is what the tweet says,
“NEW BLOG: Years of hard work have brought us here. And today, as we prepare to deploy #smartcontracts capability to #Cardano, @timbharrison takes a moment to reflect on how far we have come. And the promise that lies ahead.”
Dominic Williams, the founder of Internet Computer, did not seem excited about the recent developments on Cardano. During the period the news of the recent occurrences got to the Twitter community, he tweeted this,
“Sh*tcoin blockchain:
– fork Ethereum
– add Proof-of-Stake
– pay to copy/paste DeFi
– shills & whales get stakes
– paid crypto media pumps
But.. there’s no substance. All activity is fake. They have no future.
To stay sane + safe in crypto, focus on technical substance…”
Some Twitter crypto community members feel that the tweet may have been directed to Cardano.
Recently, Cardano was hit with criticisms from popular crypto community members like Anthony Sassano, ETHhub founder after its first decentralized app was released on the Alonzo testnet. Sassano reacted on Twitter about the dApp, calling it flawed. This is what he said,
“The first dapp went live on Cardano today and ADA fanboys are finally discovering that you can’t peer review your way out of fundamental issues.”
With the news of the Alonzo hard fork and the new smart contract functionality on Cardano, many expected the value of ADA to skyrocket but this doesn’t seem to be the case at the time of writing this.
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