In the middle of the month, a hard fork will take place on the Cardano network

08.12.2020 / Payment system news

Cardano will launch a network update this month. A hard fork called Allegra is slated for mid-December and will be an important milestone before the launch of another upgrade, Goguen.

It is worth noting that the developers do not name the exact dates, it is only noted that the solution will increase the efficiency of the Cardano blockchain and make it possible to reserve a certain number of tokens for a certain time interval for any purpose. In particular, according to the representative of the IOHK company Kevin Hammond, such tools can be used when conducting voting or executing smart contracts. In addition, he noted that in the near future, network clients will be able to work with custom tokens, which will be able to be used along with the Cardano cryptocurrency – ADA.