IOHK Launches Doom Tournament for Hydra Testing
The post IOHK Launches Doom Tournament for Hydra Testing appeared on BitcoinEthereumNews.com.
IOHK has officially launched the Doom tournament, aimed at rigorously testing the Hydra protocol. This venture is designed to challenge the scaling capabilities of the protocol in a competitive setting, where both bots and human gamers will participate. What to Expect from the Hydra Tournament? Scheduled to begin next month, the Hydra Doom tournament will feature two distinct rounds. Initially, players will engage against automated bots, followed by a second round where they will face off against each other directly. How Does the Community React to the Tournament? To bolster participation, Cardano will provide an enticing prize pool of $100,000 USDM. The Hydra protocol, intended to enhance the scalability of the mainnet, stands out as a flagship DApp, as highlighted by Charles Hoskinson. The Hydra protocol successfully processed three million transactions in about an hour during earlier tests. It achieved a remarkable 1663 Global Transactions Per Second (TPS), consistently exceeding 1000 TPS without failures. During the tests, Hydra recorded a 14% chain load within one hour. Despite ADA’s recent price drop to $0.95, market sentiment remains optimistic. Many participants from the Cardano community have shown great enthusiasm for the upcoming tournament, suggesting a favorable outlook for ADA’s future price movements and ecosystem development. As the tournament unfolds, valuable insights into the performance of Cardano’s Hydra protocol are expected, potentially influencing both community engagement and market dynamics. Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research. Source: https://en.bitcoinhaber.net/iohk-launches-doom-tournament-for-hydra-testing
Filed under: News - @ November 24, 2024 5:25 pm