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Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Cardano Forum => Topic started by: Malam90 on February 14, 2021, 05:32:02 PM

Title: Cardano approaches a new major upgrade as ADA posts an inspired rally.
Post by: Malam90 on February 14, 2021, 05:32:02 PM
Cardano’s Mary upgrade and token gains are poised to compete with Ethereum, while metrics suggest that Ethereum is still king.
The Cardano Foundation's coin ADA, hit its all-time high of $0.97 on Feb. 12, having started the year trading at $0.18, thus entailing 438% gains year to date. Apart from the macro trends in the cryptocurrency industry driving up the price of flagship assets, such as Bitcoin (BTC) and Ether (ETH) translating to other altcoins, such as LINK, DOT, etc., Cardano’s growth could also be attributed to the network updates that Cardano has been running on its blockchain network.

On Feb. 3, Cardano’s development firm Input Output Hong Kong successfully conducted a hard fork and also applied the Goguen native token upgrade, known as the Mary upgrade, to Cardano’s testnet, which transforms the blockchain into a multi-asset network similar to Ethereum.

The team expects to have launched the mainnet by the end of February. The other features of the Goguen update will roll out simultaneously in accordance with the different phases of the Cardano roadmap.

In terms of functionality, this upgrade would equate Cardano’s native tokens to ERC-20 fungible and ERC-721 nonfungible tokens on Ethereum. For the first time, users on the Cardano blockchain will be able to create their own tokens, be it fungible tokens or NFTs. In addition to these similarities with the Ethereum blockchain, there are design differences between Cardano’s native tokens when compared to Ethereum tokens.  Source Link (https://cointelegraph.com/news/cardano-approaches-a-new-major-upgrade-as-ada-posts-an-inspired-rally)
Title: Re: Cardano approaches a new major upgrade as ADA posts an inspired rally.
Post by: kent47400 on February 17, 2021, 01:29:18 PM
Cardano's Mary must continue to be cultivated because with this Cardano can be more meaningful and more advanced in technology.
Cardano's Mary must be able to provide the best for all traders, investors or holders because all of them belong to the community who are ready to support Cardano to fly.
Cardano's Mary must also be able to give positive effects and don't let anyone call bad news to Cardano's Mary so that Cardano does not happen.
Title: Re: Cardano approaches a new major upgrade as ADA posts an inspired rally.
Post by: ttcsalam on February 17, 2021, 03:00:00 PM
I found out a lot of unknown information. However, I believe that if the main net is launched at the end of February, the price of tokens will increase many times over.It is really surprising that the price has gone up by 400 per cent in one year.They will definitely help to have a positive effect in the market.