One of the companies behind Cardano, Input Output Hong Kong, have announced the first testnet for Cardano’s Alonzo upgrade.
With this move, smart contracts can be brought to the Cardano blockchain, thus enabling the deployment of decentralized applications on the blockchain.
This rollout involves three phases — blue, white and purple — on its path to mainnet deployment.
More users will be added, and it is expected that smart contracts will be running on the Cardano blockchain by the end August.
Some very exciting news for Cardano lovers.