Input-output Hong Kong (IOHK), a blockchain infrastructure research and development company behind the development of the proof-of-stake Cardano (THERE IS) Platform is on the right track in fulfilling its smart contract mission as the announcement of the hard fork date that will mark the crash of the new era has pushed the price of the token to its record high of $ 2.54 is.

The third most valuable crypto by market capitalization

The determining factor of Cardano (THERE IS) last appearance was the Notice of the desired date for the Alonzo Upgrade rollout.

As announced, the blockchain will be launched on December 12th.

After weeks of coding, testing, and onboarding third-party vendors, starting with exchanges and wallet providers, IOHK will do both testnet and mainnet hard fork.

#Cardano #Smartcontracts are coming …

We are well on the way to meeting the forecast RF dates for both the testnet and the mainnet # Alonzo upgrade, as Nigel described in last week’s update👇

A new era begins on Sunday, September 12, 2021 🌅 $ ADA pic.twitter.com/HrdrqYizhP

– Input output (@InputOutputHK) August 17, 2021

Cardano gained over 27% in the last seven days as it became the third most valuable crypto in the world by total market capitalization, after the largest, Bitcoin (BTC) and Ethereum (ETH).

With a current market capitalization of $ 81.3 billion, Cardano is ahead of Binance’s native token Binance Coin (BNB), which was pushed back to the fourth palace on the charts.

There we have it; Cardano $ ADA, the third largest crypto by market capitalization, breaks all Fibonacci levels and sets a new all-time high. But I thought we were in a bear market? pic.twitter.com/sbAbPl3ZtG

– CustomCrypto (@crypto_custom) August 20, 2021

It happens

Alonzo Purple’s rollout phase began two weeks ago and is the culmination of months of work on the most important upgrade that will bring smart contract functionality to the network and mark the beginning of the new Goguen era Roadmap from the developers.

IOHK recently launched Cardano Stack Exchange, a new Q&A resource to help developers build the network where technical questions are answered by the community.

The #Cardano community is always surprising!

Yesterday we introduced you to #Cardano Stack Exchange – a new Q&A resource to support #BuildingOnCardano developers.

Do you have a technical question? Sign up in less than a minute, ask it and the community will answer! https://t.co/UsI2iCxK7M

– Input output (@InputOutputHK) August 20, 2021

While the development team prepares for the “huge wave of smart contracts” that will soon reach the network, Cardano’s creator Charles Hoskinson, who regularly updates the rollout progress, warned of snowball scams in a live stream, since millions of dollars, in the Cardano ecosystem alone, are lost every month due to freebies.

Giveaway scam https://t.co/9hZvHqFqzD

– Charles Hoskinson (@IOHK_Charles) August 18, 2021

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