Cardano's 'Mary' hardfork is just around the corner, and it's a major upgrade.
Overall sentiment for Cardano is strong right now, and price is rising rapidly as we move towards the end of the month.
The “Mary” protocol update has been confirmed for Cardano mainnet on March 1 at 21:44:51 (UTC).
What's In The Cardano Hardfork 127?
The key part of the Mary hard fork will be transition of Cardano from a single asset LEDGER [ADA], into a multi-asset ledger.
Users will soon be able to create and exchange native tokens on the Cardano blockchain, similar to Ethereum and their ERC20 tokens.
Similar to what Hive-Engine unleashed on HIVE, users will be able to create and define their own tokens, which will inevitably lead to community creation, and opportunity for entrepreneurs to create economies.
Really this opens up a whole new world of possibilities for the Cardano blockchain.
But are they playing a game of catchup?
I guess what it does is put them in a position to compete, and now it's up to users and developers to run with it and make the most of it.
Much needed if it wants to compete with Ethereum, but how strong is their dev community? I don't have the answer to that question..
Going To Trade ADA?
For those that have been accumulating ADA there's going to be a chance to take profits on the way up.
Month end trading is tricky, and with month end coming on a Sunday is a bit of a double whammy.
Ride the wave but don't get burnt, my gut says Sunday is going to be a bit of a blood bath.
Ciao for now,
@agr8buzz
