Allegra hard fork on the Cardano network

In mid-December, the Cardano network will undergo the Allegra hard fork, designed to be an important step on the path toward the next major Goguen upgrade.

NEW BLOG: This month we’ll deploy the token locking update to #Cardano as we continue our #Goguen rollout.
Here’s our very own Kevin Hammond on what’s involved, what to expect and why it all matters. Read or listen here: @cardano https://t.co/shnjUyjseU

— Input Output (@InputOutputHK) December 2, 2020

The upcoming upgrade will improve the efficiency of the Cardano blockchain and also add token-locking functionality.

‘In this case, locking means reserving a certain number of tokens for a specific period of time so that they cannot be used for various purposes. For example, for voting or executing smart contracts,’ wrote IOHK developer Kevin Hammond.

The exact upgrade date has not been announced; activation on the mainnet is expected in mid-December.

What is Cardano (ADA)?

Kevin Hammond also noted that Cardano hard forks in the network proceed in a somewhat different manner from most other blockchains.

For rapid and straightforward implementation of changes, the history of previous blocks is preserved, and the old version of the blockchain is ‘expanded’ with the addition of new characteristics.

‘Rather than splitting into two separate chains, Cardano combines original blocks operating under current rules with new blocks operating under new rules,’ writes the developer.

He also added that soon the Cardano network will introduce support for user tokens that can be used alongside its own cryptocurrency, ADA.

Previously, Cardano developers activated the Shelley upgrade in July 2020.

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