Mithril

Cardano

Hydra

2024

<img width="1280" height="720" src="https://coingape.com/wp-content/uploads/2024/03/Cardano-Hydra.png" class="attachment-full size-full wp-post-image" alt="Cardano Hydra" decoding="async" style="float:right; margin:0 0 10px 10px;" srcset="https://coingape.com/wp-content/uploads/2024/03/Cardano-Hydra.png 1280w, https://coingape.com/wp-content/uploads/2024/03/Cardano-Hydra-300x169.png 300w, https://coingape.com/wp-content/uploads/2024/03/Cardano-Hydra-1224x689.png 1224w, https://coingape.com/wp-content/uploads/2024/03/Cardano-Hydra-768x432.png 768w, https://coingape.com/wp-content/uploads/2024/03/Cardano-Hydra-678x381.png 678w, https://coingape.com/wp-content/uploads/2024/03/Cardano-Hydra-150x84.png 150w" sizes="(max-width: 1280px) 100vw, 1280px">
Charles Hoskinson has debunked rumors that Cardano Hydra has been abandoned, calling the claims from critics a mere FUD- Fear, Uncertainty, and Doubt. 
The rumors that Cardano Hydra has been abandoned appear to be FUD, according to Charles Hoskinson, Cardano founder.&nbsp; 
<h2 id="strong-cardano-hydra-is-getting-more-upgrades-strong">Cardano Hydra is Getting More Upgrades</h2> 
Hoskinson stated that he had seen videos claiming Cardano Hydra, the network’s scaling protocol had been abandoned.&nbsp; 
However, he clarified that it was only a matter of FUD because Cardano is currently at a point where its team is more “productive and motivated.” The crypto boss went on to explain that the Cardano ecosystem is enjoying great community engagement and in the coming weeks, there will be new papers for enhancement to its protocol.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 I'm seeing some videos claiming that Hydra has been abandoned. It is just pure FUD. The team has never been more productive and motivated, there is great community engagement and new papers on the way for enhancements to the protocol. If you are ever curious about the project go… 
 — Charles Hoskinson (@IOHK_Charles) <a href="https://twitter.com/IOHK_Charles/status/1769056625480847506?ref_src=twsrc%5Etfw">March 16, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
This is not the first time that false information is being circulated about Cardano Hydra and Hoskinson has always risen to the occasion of defending the protocol. Last year October, there were some misconceptions about Cardano Hydra’s capabilities. After <a href="https://coingape.com/cardano-scaling-tool-hydra-goes-live-on-mainnet-heres-what-comes-next/">going live on the mainnet</a> in May, it was rumored that Hydra could not complete transactions at a reasonable speed.&nbsp; 
In response to this, Hoskinson shared a <a href="https://coingape.com/cardano-founder-hydra-scaling-concerns/">TPS chart</a> showing around 1,000 TPS to highlight Cardano’s throughput capability. He further said that the metric alone didn’t fully represent Cardano’s potential as the purpose of Hydra has progressively evolved with time.&nbsp; 
<h2 id="strong-hydra-s-upgrade-to-v0-12-0-strong">Hydra’s Upgrade To V0.12.0</h2> 
From inception, Cardano Hydra was designed to improve the scalability of the network by implementing a unique approach to transaction processing. Over time, the developer team behind the Cardano Hydra has consistently implemented several upgrades to improve the protocol and ensure the smooth delivery of its functionalities.&nbsp; 
Shortly after its official launch on the mainnet, the Cardano Hydra team updated the specification of the protocol to <a href="https://coingape.com/cardano-hydra-scaling-protocol-gets-much-needed-updates/">align with recent off-chain protocol changes</a>. There was also an upgrade to GHC 9.2.7 and this brought with it improved compiling times as well as slightly smaller Plutus scripts.&nbsp; 
One of the crucial updates on the scaling tool was the <a href="https://coingape.com/cardano-scaling-tool-hydra-welcomes-significant-update/">upgrade to version 0.12.0</a> which remained well-compatible with the Cardano Node version 8.1.2 and the Mithril protocol developed by Input Output Global (IOG). The Hydra team is currently working on version 0.15.0 and much progress has been made so far per hints shared by Hoskinson.&nbsp; 
In addition, the team has addressed issues in smoke tests and website publishing workflows. With all of these updates, it does not seem like Hydra is abandoned or will be soon. 
The post <a href="https://coingape.com/cardano-hydra-is-not-abandoned-charles-hoskinson-says/">Cardano Founder Claps Back At Critics On Hydra Development</a> appeared first on <a href="https://coingape.com">CoinGape</a>.

Cardano Founder Claps Back At Critics On Hydra Development

Table of Contents

Coingape News Media

Other articles published on Mar 16, 2024

Record Highs for PYTH, JUP, and SEI Spark Speculation of an Altcoin Season

BlockDAG’s 5000x ROI Explained in Viral Keynote Address, as XRP AMM is on the Horizon and Toncoin...

Cronos Price Looms: Is It a Buy-on Dip Scenario for Bulls?

Ether fi Adjusts Token Distribution Amid Community Backlash

Expert Says Mainstream Demand Will Come For Crypto When Dogecoin Does This

BOOK OF MEME (BOME) Leads the Crypto Markets by Storm: Should DOGE, SHIB, PEPE, and FLOKI be Worr...

Join our free newsletter for daily crypto updates!