Cardano Alonzo: solving long-standing crypto problems
Following a significant update over the weekend, the Cardano network now allows users to execute smart contracts, boosting its competitiveness against larger competitor Ethereum. For many users, the event may signal the conclusion of certain long-standing Ethereum Network problems.
The soon-to-be-famous On September 12, 2021, the Cardano blockchain completed its Alonzo update successfully. Following the conclusion of the Alonzo hard fork, Cardano announced the deployment of “Plutus smart contract capabilities” in a blog post.