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Cardano Ecosystem

Btcmanager

05/12/2023

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Cardano introduces Hydra node for enhanced scalability

According to developer Sebastian Nagel, Cardano, one of the most widely used blockchain platforms, has achieved a significant milestone by introducing the first Hydra node compatible with the mainnet.

Cardano introduces Hydra node for enhanced scalability

Cardano introduces Hydra node for enhanced scalability

According to developer Sebastian Nagel, Cardano, one of the most widely used blockchain platforms, has achieved a significant milestone by introducing the first Hydra node compatible with the mainnet.

The development marks a crucial step towards enhancing Cardano’s scalability and flexibility, a significant focus for the platform.

Per Input Output, the parent company of Cardano, Hydra, is a collection of layer 2 protocols that aim to improve the blockchain’s scalability. The protocols allow faster and cheaper transactions, making the blockchain more flexible for various use cases.

🐲 0.10.0 is out!

After demonstrating Hydra heads on the Cardano mainnet in recent monthly review sessions, we have released the first mainnet compatible version of hydra-node today.

Check out the full release notes over here:https://t.co/Kl3KTyVnSX

— Sebastian Nagel (@ch1bo_) May 11, 2023

The first Hydra head was activated successfully on the Cardano mainnet earlier this month, indicating that the protocol is ready for real-world use.

Before it could be utilized with real-world transactions on the mainnet, various technical adjustments and improvements were required, including in the 0.10.0 version of the hydra-node.

The developers ensured the mainnet was compatible with their code and changed the API to fulfill customer requests.

In a series of tweets, Nagel confirmed the launch of the Hydra node version 0.10.0, stating that several successful demos of Hydra heads on the Cardano mainnet were conducted during recent review sessions.

Although the team has started work on the next release, 0.11.0, Nagel added that they welcome input from users regarding new ideas or additions that should be prioritized.

Introducing the Hydra node significantly boost Cardano, which faces increasing competition from other blockchain platforms. The platform’s success in achieving this milestone could attract more developers and businesses to adopt Cardano for their blockchain needs.

Cardano’s focus on scalability and flexibility has earned it a reputation as a promising blockchain platform for various use cases, including decentralized finance (DeFi) and non-fungible tokens (NFTs).

Introducing the Hydra node is expected to enhance Cardano’s capabilities and competitiveness in these areas.

The platform’s continued focus on scalability and flexibility has positioned it as a promising option for businesses and developers seeking to leverage blockchain technology for their needs.

With the introduction of the Hydra node, Cardano is poised to expand its capabilities and compete more effectively with other blockchain platforms.

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ORIGINAL SOURCE

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Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


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