Cardano is set to launch its Goguen testnet on April 30. Recently, Cardano team has been busy designing a next-generation virtual machine called IELE and a universal framework to be used as core infrastructure for future blockchain technologies. Testnet version of IELE on Ethereum Mantis client will allow developers and the wider community to test and evaluate the implementation of smart contracts. Developers will also be provided with a specific toolset.
The purpose of the testnet is to receive feedback on IELE virtual machine and smart contract functionality. Developers can familiarise themselves with how the smart contracts work before deploying them on the mainnet. Feedback on any integration issues early on will help Cardano to make improvements when necessary at an early stage.
Overall, Goguen update promises to bring much greater security and dependability to blockchain systems and will reduce the risk of vulnerabilities. At the moment of publication, Cardano's marker indicators are as follows
Average price: $0.188645
Market cap: $4,891,012,222
Volume (24H): $416,858,000