Native Tokens Are Coming To Cardano
Cardano was in the spotlight a lot lately due to all kinds of achievements, but also bold plans that the team is preparing for the near future.
Native tokens on their way to Cardano
A couple of days ago, it was revealed on Twitter that native tokens are coming to Cardano. Check out the official announcement below:
Native tokens coming to #Cardano: we’ll spin up our pre-production ‘mint’ environment for token creation in December, marking the start of the native asset rollout for Cardano #goguen @Cardano pic.twitter.com/KVElaR4ysi
— Input Output (@InputOutputHK) October 29, 2020
A follower noted: “kudos to the team! we cannot wait to start testing the new toys out in less than a month.”
One non-believer said this: “Hahaha, billions of tokens, thousands and thousands of people losing money, Cardano rises on hype tanks on reality.”
The team behind Cardano received massive optimistic feedback following the news.
Also, it’s important to note the fact that IOHK announced some details of the Goguen roadmap.
Goguen is seen as the final hurdle before battling Ethereum
Following the successful launch of Shelley, many Cardano users consider Goguen the final hurdle before battling Ethereum on level ground.
This is definitely a vital step forward in the capacities of the Cardano network in terms of the ability to build decentralized apps and a whole lot of other features, including a multi-asset ledger.
The developers have put in great efforts to cater to both technical and non-technical users, using a new smart contract language in Plutus. The technology offers programmers a smart contracts platform with built-in ledger functionality.
“It also allows one codebase to support both on and off-chain components, improving the coherency and usability of the development experience compared with existing smart contract implementations,” IOHK explains.
Regaring the price of ADA today, well, at the moment of writing this article, ADA is trading in the red, and the coin is priced at $0.093344.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.