ADA’s Alonzo – Not Another London Hard Fork By DailyCoin – Investing.com

ADA’s Alonzo – Not Another London Hard Fork By DailyCoin – Investing.com

Blockchain novelties inevitably stir up any innovative community. A mainnet release creates a “what-if” parallel, suggesting potential shifts in the power of the blockchain industry. Cardano’s Alonzo hard fork triggered a price surge as developers await the much anticipated smart contract functionality to be operational on the network. However, not every update testing period alters the industry’s trust in the project.

A Concurrent Issue

To asset market dominance, a blockchain project needs to convey trust. Even though a strong community backs Cardano, they cannot make up for the lengthy development delays. The EUTXO protocol model developed by Cardano “offers greater security” and “allows for fee predictability,” a factor previously omitted on .