
Şükriye Akdeniz
Sep 17, 2021
More than 200 smart contracts have been listed on Cardano's Blockchain explorer after Alonzo made its update on September 13

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However, these smart contracts are under time lock and developers will not be able to use the contracts until they are unlocked.
Launched in 2017, smart contracts were a key feature for Cordano and have been expected for a while. It was finally launched with the Alonzo hard fork.
On September 17, Cardano and IOHK founder Charles Hoskinson emphasized in a statement that Cardano's support of smart contracts means opening the DeFi space to everyone.
Hoskinson made statements about the second wave of DeFi:
“We need governance, documentation, insurance, and regulation around them. It also needs decentralization.”
And added:
“We built Cardano for the second wave.”
Several other leading projects have also launched or plan to launch time-locked smart contracts.

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