Skip to content
Herald Sheets

Herald Sheets

Live Cryptocurrency News

Follow Herald Sheets on Twitter, Facebook, Telegram, Please Read Our Disclaimer

  • Homepage
  • Start Trading
  • Guide
  • Crypto News
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Ripple (XRP)
    • Dogecoin (DOGE)
    • Cardano (ADA)
    • Litecoin (LTC)
  • Analysis
  • Blockchain
  • Mining
  • Reviews
    • Brokers
    • Exchanges
  • Regulation
  • Press Release
  • About Us
    • Contact Us
    • Privacy Policy
    • Submit Press Release
  • Disclaimer
  • Blockchain
  • News

Cardano (ADA) Has Officially Advanced into Multi-Asset Era Following Successful Mary Hard Fork

Solomon Odunayo March 1, 2021 3 min read
Another Big Cardano Africa Deal Is Building Up, Will Fully Leverage Alonzo Smart Contracts

The era that many Cardano community members have been waiting for is here. The emerging smart contract platform has officially advanced into the multi-asset era following the success of the much-anticipated Mary hard fork.

Cardano (ADA) Advances into Multi-Asset Era

IOG has officially announced the accomplishment of the much-awaited mission. Cardano Mary protocol upgrade was successfully implemented as slated.


trade now

Read Also: Cardano (ADA) Announces $1 Million Funding for Project Catalyst New Stage; Releases New Daedalus Wallet

IOG tweeted “MISSION ACCOMPLISHED!: We can confirm that the Cardano ‘Mary’ protocol update was successfully applied to the Cardano mainnet tonight at 21:44:51 UTC via a managed hard fork combinator event. Welcome to the beginning of an exciting new multi-asset era on Cardano ADA.”

MISSION ACCOMPLISHED!: We can confirm that the #Cardano ‘Mary’ protocol update was successfully applied to the #Cardano mainnet tonight at 21:44:51 UTC via a managed hard fork combinator event.

Welcome to the beginning of an exciting new multi-asset era on #Cardano $ADA 1/4 pic.twitter.com/vk3qDrIIds

— Input Output (@InputOutputHK) March 1, 2021

New Daedalus Wallet for Cardano Multi-Asset Era Released

Prior to the Mary protocol upgrade, IOG, the software firm behind the development of Cardano (ADA), announced the release of a new Daedalus wallet specifically designed for users as they advance into the Cardano multi-asset era.

Read Also: Dubai-Based FD7 Ventures to sell off $750M worth of BTC for Cardano (ADA) and Polkadot (DOT)

IOG tweeted, “OUT NOW: Introducing a new Daedalus wallet, ready and primed for the Cardano multi-asset era, following ‘Mary’ hard fork) which takes effect about an hour from now at 21:44:51 UTC.

“Our first ever mainnet multi-asset wallet, Daedalus Flight 4.0.0-FC1 is released initially under our UAT testing program for Daedalus power users, enabling the sending and receiving of native tokens alongside Cardano ADA.

“Existing Daedalus Flight users should find an update alert now waiting for them in their wallet newsfeeds. You can find full release notes here.”

Why Mary Protocol Upgrade Is Good For Cardano (ADA) Now

Mary protocol upgrade that requires a hard fork of the Cardano blockchain is a significant level for the smart contract platform. As aforementioned, the hard fork brings native tokens and multi-asset support. It’s also expected to boost the transaction speed on the network, enhanced security and lower transaction fees.

According to Tim Harrison, IOHK marketing and communications director, as reported by Decrypt, dispensing with the need for smart contracts “means that the accounting ledger will track the ownership and transfer of assets instead, removing extra complexity and potential for manual errors, while ensuring significant cost efficiency.”

Read Also: Leading Security Auditor: Cardano Dwarfing Tezos; Will Become Second-Largest Smart Contract Platform

This indicates that as Ethereum has ERC-20 and ERC-721 token standards for non-fungible tokens, Cardano now has its own version.

Since Cardano blockchain supports tracking and accounting, the tokens created on Cardano network won’t need Ethereum smart contracts.


Follow us on Twitter, Facebook, Telegram, and Download Our Android App

Trade Now

HeraldSheets.com produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us easily with Herald Sheets Facebook Messenger App. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.

Continue Reading

Previous: IOTA Partners With Horizen to Extend the Functionality of the Newly Launched IOTA Oracles
Next: Grayscale Keeps Buying XLM as Institutional Interest in Stellar Increases; Horizon 2.0 Released

Related Stories

Matrixport Downsizing 10% of Marketing Team, Cites Crypto Uncertainty and Stringent Regulations
2 min read
  • Cryptocurrency
  • Huobi Token (HT)
  • News
  • Regulation
  • Technology

Matrixport Downsizing 10% of Marketing Team, Cites Crypto Uncertainty and Stringent Regulations

January 29, 2023
Wylie Aronow Co-Founder Yuga Labs Seeks Medical Leave Citing Health Complication
2 min read
  • Cryptocurrency
  • News
  • NFT (Non-fungible token)
  • Technology

Wylie Aronow Co-Founder Yuga Labs Seeks Medical Leave Citing Health Complication

January 29, 2023
Amazon Set to Launch New NFT Initiative on Its Platform
2 min read
  • (GameFi) Gaming and Decentralized Finance
  • Cryptocurrency
  • News
  • NFT (Non-fungible token)
  • Regulation
  • Technology

Amazon Set to Launch New NFT Initiative on Its Platform

January 29, 2023

Top 10 Crypto

Name Price24H (%)
bitcoin
Bitcoin (BTC)
$23,459.00
2.16%
ethereum
Ethereum (ETH)
$1,609.88
1.71%
tether
Tether (USDT)
$1.00
0.43%
usd-coin
USD Coin (USDC)
$1.00
0.10%
binancecoin
BNB (BNB)
$315.74
2.96%
ripple
XRP (XRP)
$0.414279
0.80%
binance-usd
Binance USD (BUSD)
$1.00
0.05%
cardano
Cardano (ADA)
$0.390809
1.38%
dogecoin
Dogecoin (DOGE)
$0.090164
0.73%
polkadot
Polkadot (DOT)
$6.60
1.87%

Recent Posts

  • Matrixport Downsizing 10% of Marketing Team, Cites Crypto Uncertainty and Stringent Regulations
  • Wylie Aronow Co-Founder Yuga Labs Seeks Medical Leave Citing Health Complication
  • Amazon Set to Launch New NFT Initiative on Its Platform
  • CFTC Wants More Jurisdiction Over the Crypto Space; Here’s What the Commission Has Been Up to
  • Aave Protocol Announces Launch of New Version, Aave V3
  • Korean Authorities Order The Arrest Of Bithumb Crypto Exchange Owner
  • New Collaboration Will Allow Content Platforms To Accept Micropayments In BTC
  • Azuki Twitter Account Targeted, Hacker Drains $700K Within Minutes
  • MetisDAO Foundation Believes Smart Contracts Will Power Web3 Firms’ Daily Operations
  • Genesis Drags Roger Ver To Court Over $20M Unsettled Crypto Options Trades
  • We Haven’t Issued Any Operational License To Any Crypto Service Provider – UAE’s VARA
  • The New FTX CEO Plans To Restart The Failed Crypto Exchange
  • British Policymakers Can’t Agree On Whether To Ban The Sale Of Crypto Investment Products 
  • User Acquires 850 Billion SHIB Ahead Of Shibarium Beta Launch
  • A Hacker Promote Scam Token On Robinhood Social Media, Binance Froze the Wallet

Categories

You may have missed

Matrixport Downsizing 10% of Marketing Team, Cites Crypto Uncertainty and Stringent Regulations
2 min read
  • Cryptocurrency
  • Huobi Token (HT)
  • News
  • Regulation
  • Technology

Matrixport Downsizing 10% of Marketing Team, Cites Crypto Uncertainty and Stringent Regulations

January 29, 2023
Wylie Aronow Co-Founder Yuga Labs Seeks Medical Leave Citing Health Complication
2 min read
  • Cryptocurrency
  • News
  • NFT (Non-fungible token)
  • Technology

Wylie Aronow Co-Founder Yuga Labs Seeks Medical Leave Citing Health Complication

January 29, 2023
Amazon Set to Launch New NFT Initiative on Its Platform
2 min read
  • (GameFi) Gaming and Decentralized Finance
  • Cryptocurrency
  • News
  • NFT (Non-fungible token)
  • Regulation
  • Technology

Amazon Set to Launch New NFT Initiative on Its Platform

January 29, 2023
CFTC Wants More Jurisdiction Over the Crypto Space; Here’s What the Commission Has Been Up to
3 min read
  • Blockchain
  • Crypto Trading
  • Cryptocurrency
  • News
  • Regulation

CFTC Wants More Jurisdiction Over the Crypto Space; Here’s What the Commission Has Been Up to

January 29, 2023
Copyright © All rights reserved. | DarkNews by AF themes.
  • RelevantRelevant(REL)$0.825.35%
  • TadpoleTadpole(TAD)$7.32-1.74%
  • SEENSEEN(SEEN)$2.05-2.27%
  • EvedoEvedo(EVED)$0.082301-0.80%
  • MarginswapMarginswap(MFI)$0.184213-2.11%
  • SakeTokenSakeToken(SAKE)$0.0127135.28%
  • WTF TokenWTF Token(WTF)$0.0113500.17%
  • BNSD FinanceBNSD Finance(BNSD)$0.005461-5.83%
  • RobotinaRobotina(ROX)$0.00266138.50%
  • CageCage(C4G3)$0.005010-3.67%