Hydra Surpasses 1M TPS – How This Milestone Could Drive ADA to New ATH
The post Hydra Surpasses 1M TPS – How This Milestone Could Drive ADA to New ATH appeared on BitcoinEthereumNews.com.
Cardano Hydra protocol just recorded a 1 million TPS in a testnet mode. With a high-performant protocol, demand for ADA will grow, fueling an ATH retest. Hydra, a scaling protocol on the Cardano blockchain, has clinched a new milestone: surpassing 1 million Transactions per Second (TPS). With this new achievement, Hydra is now one of the fastest protocols in the blockchain ecosystem. ADA, the native asset of the Cardano blockchain, stands to benefit from Hydra’s achievement. Hydra’s Journey to 1M TPS Over the past few years, Cardano has consistently ranked among the top ten most valuable digital assets by market capitalization. It is one of the fastest layer-1 networks in blockchain and boasts impressive TPS capabilities. BREAKING: 1,000,000 TPS achieved on hydra! Cardano is just getting started! pic.twitter.com/JlCNHFpP8C — Dan Gambardello (@cryptorecruitr) December 4, 2024 However, the emergence of blockchain interoperability prompted most chains to improve their scalability. The Cardano network developed the Hydra Protocols, a scalability solution to remain competitive among other smart contract blockchains. Per a CNF report, the layer-2 scaling solution aims to facilitate mainstream Decentralized Finance (DeFi) adoption. Technically, Hydra is designed to improve transaction speed and reduce delays by processing certain operations off-chain. This design enables concurrent transactions using unique structures known as “Hydra Heads” or state channels. When the protocol comes online, these transactions are bundled together and registered onchain. As CNF reported, developers recently tested the classic video game “Doom” on Hydra, showcasing the platform’s ability to handle real-time applications. The protocol’s transaction strength grew with the progress of the Hydra Doom tournament. Today, the team announced that Hydra had achieved 1 million TPS with over 25,000 concurrent gamers. This achievement debunks previous claims that the protocol could not reach the milestone. It is important to note that Hydra’s new record is in…
Filed under: News - @ December 5, 2024 2:26 am