• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Cardano's Breakthrough in Blockchain with Hydra

user avatar

by Giorgi Kostiuk

a year ago


Cardano recently achieved a major milestone through its Hydra upgrade — a Layer 2 solution that increases transaction speed and efficiency for DApps within the Cardano ecosystem.

Hydra Upgrade and Its Significance

The Hydra upgrade is a Layer 2 solution that significantly increases transaction processing speed in the Cardano blockchain network. This enhancement allows for more efficient operation of decentralized applications. The main goal of this update is to improve the network's scalability and integration capabilities.

Testing Hydra's Capabilities

In December 2024, Hydra showcased its capacity during the Doom gaming test, where every game frame represented a blockchain transaction for stress-testing. In this test, Hydra reached over 1 million transactions per second (TPS).

Future of Hydra Integration

Following successful testing, Cardano founder Charles Hoskinson announced plans to integrate Hydra into real-world applications. The next steps involve developing Hydra-compatible infrastructure by organizations like Anastasia Labs and Sundae Labs. These efforts aim to refine Hydra’s capabilities further and ensure its broader application. Hoskinson emphasized the importance of addressing certain technical challenges, such as improving communication between Hydra components and advancing the Hydra Tail protocol for long-term vision.

Cardano’s focus on scalability through Hydra positions the network as a leader in blockchain innovation. Its commitment to continuous improvement and practical application integration could set a new benchmark for blockchain scalability in the years to come.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

The PASS: New Utility NFTs to Empower Web3 Creators

chest

The PASS has been introduced as a framework for Web3 creator economies, offering Utility NFTs that enable community creation and governance.

user avatarRajesh Kumar

DAOBase Launches to Streamline DAO Data Access

chest

DAOBase has been launched to aggregate data from over 140,000 DAOs into a single search engine, providing insights into governance and treasury activities.

user avatarMiguel Rodriguez

Crypto Market Cap Recovers After Recent Decline

chest

The total crypto market cap has climbed to $2.34 trillion after a 5.68% gain in the past day, despite cautious market sentiment.

user avatarLuis Flores

Vietnam Introduces New Tax on Cryptocurrency Transactions

chest

The Ministry of Finance in Vietnam has proposed a new tax on cryptocurrency trades and transfers, treating them similarly to stock trades.

user avatarArif Mukhtar

Vietnam's Crypto Market Faces Stricter Regulations and Taxation

chest

Vietnam's government is implementing stricter regulations and tax measures for cryptocurrency exchanges, requiring a minimum capital of VND 10 trillion and imposing a 20% corporate tax on domestic trading profits.

user avatarDavid Robinson

Bithumb Addresses Overpayment Error Amid Price Volatility

chest

Bithumb clarifies an internal error that led to the accidental transfer of 2,000 BTC to user wallets instead of the intended 2,000 KRW.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.