HF Mary brings Cardano closer to Goguen

By the end of the month, on February 24, the Hard Fork Mary will be completed on the Cardano blockchain, currently in the testing phase, and will bring the completion of Goguen closer and closer, allowing the blockchain to finally integrate smart contracts and initiate a series of services that will attract investors and companies. This is a very important step because it is a big step forward towards DeFi, in a historical moment in which all investors are attracted by the potential high returns and the Binance Smart Chain has definitely imposed a very valid alternative solution compared to the high fees of Ethereum, and we have all seen how much liquidity and the number of transactions has grown in recent weeks.

But Cardano can be considered a further evolution compared to the Binance Smart Chain since it integrates the possibility of creating native tokens on its own blockchain. The advantage of creating tokens on par with ADA is to create very simple smart contracts and this greatly reduces the possibility of errors. In this way the created tokens are much safer and the possibility of being hacked is drastically reduced when compared with Ethereum and BSC.

This is a fundamental tool for the success of DeFi which, in my opinion, will become the home for many corporate projects, including those of international companies, marking a decisive step forward compared to all that has been created. With the "Mary" update, the ledger's accounting infrastructure will process not only ada transactions, but also transactions that carry different types of assets simultaneously.

Everyone will be able to create decentralized tokens and applications on Cardano, whether they are fungible tokens or NFTs or even stablecoins. Unlike ERC-20 tokens based on Ethereum smart contracts, the tracking and accounting of custom tokens on Cardano is natively supported by the ledger. Since native tokens don't require smart contracts to transfer their value, users will be able to send, receive, and burn their tokens without paying the transaction fees required for a smart contract or adding event management logic to track transactions.

The market is more and more enthusiastic about what Cardano is about to become and the attention in the exchanges shows it, the volume has grown considerably and has dragged with it the value of ADA which has exceeded $ 1 and now seems to be positioning itself on this support in order to resume a new uptrend. Many users are focusing attention on ADA and Cardano as shown by Google Trends, the search for cryptocurrency has increased exponentially and this is also in line with the market. I read a lot of optimistic predictions but I prefer to be rational. Cardano is an excellent project and its value will grow progressively with the development by the large team.

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