IOHK made an announcement on Friday via their social media accounts that Smart Contracts will launch on the Cardano Mainnet on Sunday 12th September 2021. This will be implemented through a hard fork combinator event, dubbed the “Alonzo hard fork“. This long-awaited update will take Cardano into the Goguen Era, which represents a…
Tag: smart contracts
What Is A Smart Contract?
Traditional contracts In order to understand what smart contracts are and how they can be used, we should first define what a traditional contract is. A contract can be broadly defined as a promise or performance given in exchange for a promise or performance. Traditionally this involves an offeror making a specific offer…
