It’s been over a month since Alonzo’s Hard Fork Combinator (HFC) launched Cardano (ADA), bringing smart contract capabilities, decentralized financial services development (DeFi) and decentralized applications (DApps) to the network.
So far it can be said that Alonzo works smoothly, without any problems.
This also proves Cardano is ready to move on to the next phase - the Babbage Era, as informed by Hong Kong Output Input (IOHK) on the streaming site Youtube.
On October 14, software engineer Kevin Hammond revealed they were making preparations for the transition to a new era.
While no launch date has yet been set for this era, Cardano supporters are already excited to see its potential for the long term.
It was Babbage
What IOHK will be doing during this phase is the launch of improvements at Cardano, which have been worked on by a line of engineers but have not been launched.
Clearly Hammond, they will focus on reduced transaction speeds, including addressing address issues raised by operators since Alonzo took on the role.
In addition, the Plutus programming language will also be improved where a new version will be introduced on the blockchain. This will encourage an increase and speed of transaction volume per block.
At the time of writing, the ADA is trading at $ 2.16, down over 3% in 24 hours.
The asset is still far from an all-time record high (ATH), $ 3.10 and needs a jump of at least over 30% before continuing the uptrend.
