Cardano completed its Alonzo hard fork to introduce Plutus-powered smart contract scripts.
Cardano tweeted that the upgrade had been completed successfully facilitating the creation and execution of smart contracts on the public blockchain.
Despite celebrating the milestone, Cardano notes that it is still in the early days for the project,” asserting that now is when “the mission truly begins”
The Alonzo fork enables smart contracts to be written for Cardano using Plutus scripts, which the team describes as “a purpose-built smart contract development language and execution platform using the functional programming language Haskell.”
However, the team has encouraged its community to maintain sensible expectations for Alonzo, stating:
“There are high expectations resting on this upgrade. Some unreasonably so. Cardano watchers may be expecting a sophisticated ecosystem of consumer-ready DApps available immediately after the upgrade. Expectations need to be managed here.”
Cardano is a public blockchain that was founded by Ethereum co-founder Charles Hoskinson and developed by his research firm IOHK.