Cardano’s Layer-2 protocol Hydra reached a significant milestone of surpassing 1 million transactions per second (TPS) during its Doom gaming tournament.
Charles Hoskinson shared screenshots on Dec. 4 confirming the global network has reached 1,000,000 TPS. This achievement is part of the ongoing tournament to test Hydra’s scalability.
Hoskinson said that each frame of the game is processed as a single transaction. This demonstrates Hydra’s ability to handle substantial transaction volumes.
The official data shows that the TPS is currently 507 with a maximum of 807,000. These numbers still put Solana, Ethereum and other competing blockchains in a far superior position. For context, Hydra’s test outperformed Solana’s theoretical maximum TPS of 65,000 by over 100x, according to Chainspect.
Hydra’s potential
Advocates like Josh Marchand, a software engineer at Sundaeswap (a decentralized exchange on Cardano), emphasized that Hydra’s value lies in its limitless scalability potential. He said:
“1m is just an arbitrary number. The truly exciting part of Hydra is the limitlessness. The beauty of Hydra is that you could horizontally scale your system until you run out of silicon (or AWS vCPU units, in our case).”
However, critics like crypto analyst Goku pointed out that the transactions processed during the Doom tournament were not settled on Cardano’s mainnet but were part of a testnet simulation.
Hydra, launched last year, is a Layer-2 scaling solution designed to enhance Cardano’s scalability by increasing transaction speeds and throughputs while reducing latency and costs.
Despite facing some criticism, Hoskinson has defended Hydra’s progress. The Doom tournament, however, has proven to be an effective showcase, drawing players worldwide to experience Hydra’s capabilities.
Bullish Cardano ecosystem
Cardano has seen a significant increase in price over the last couple of weeks.
According to CryptoSlate, ADA has gained more than 250% in the last 30 days. It reached a high of $1.29, a level not seen for two years, before a retracement began. As of the time of publication, the token traded at $1.18.
Cardano’s network has also seen an increase in DeFi activities, and the value of the Platform is now approaching a new record. The platform is continuing to improve its efforts in decentralized governance.
Cardano Foundation said that the ongoing conversations at the Constitutional Convention highlight the importance of decisions driven by the community and reflect the efforts they have made to create a robust, resilient ecosystem.
Cardano Market Data
Press release The UTC time zone for Dec. 4 is 11:40 pm.Cardano’s market capitalization is #8 and its price is Downward 1.76% Over the last 24 hours. Cardano is valued at $112.25 billion With a daily trading volume of 2.83 billion dollars. Learn more about Cardano ›
Cardano
The UTC time zone for Dec. 4 is 11:40 PM.
$1.18
-1.76% Crypto Market Overview
Press release The UTC time zone for Dec. 4 is 11:40 pm.The crypto market has a total value of at 3.59 trillion dollars With a volume of 24 hours. 284 02.02 milliards $. Bitcoin dominates the market at 54.64%. Learn more about the crypto market ›
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