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Cardano’s Scaling Solution Hydra Goes Live On Mainnet


by CoinEdition
Cardano’s Scaling Solution Hydra Goes Live On Mainnet
  • Cardano has launched its first mainnet compatible Hydra node aimed at increasing scalability.
  • The Hydra Head is a major milestone toward making transactions on the Cardano blockchain faster.
  • Cardano’s native token ADA has gained nearly 2% since the announcement of Hydra’s launch.

Layer 1 blockchain network Cardano has announced the launch of Hydra Head (version 0.10.0), a layer 2 mainnet compatible scaling solution that aims to enhance the transaction speed on the network by increasing throughput and minimizing delays. The scaling tool is active on Cardano’s mainnet.

Cardano developer Sebastian Nagel took to Twitter recently to share the latest development. According to Nagel, the release of the first mainnet compatible version of the Hydra node came after months of demonstrating the scaling tool on the Cardano mainnet. The latest milestone included solving a host of other issues like updating dependencies and fixing Hydra’s arithmetic underflow.

According to the Github repository tweeted by Nagel, Cardano’s developers also updated the application programming interface (API) to accommodate for a first round of user requests. The API client is now allow…

The post Cardano’s Scaling Solution Hydra Goes Live On Mainnet appeared first on Coin Edition.

Read the article at CoinEdition

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Cardano’s Scaling Solution Hydra Goes Live On Mainnet


by CoinEdition
Cardano’s Scaling Solution Hydra Goes Live On Mainnet
  • Cardano has launched its first mainnet compatible Hydra node aimed at increasing scalability.
  • The Hydra Head is a major milestone toward making transactions on the Cardano blockchain faster.
  • Cardano’s native token ADA has gained nearly 2% since the announcement of Hydra’s launch.

Layer 1 blockchain network Cardano has announced the launch of Hydra Head (version 0.10.0), a layer 2 mainnet compatible scaling solution that aims to enhance the transaction speed on the network by increasing throughput and minimizing delays. The scaling tool is active on Cardano’s mainnet.

Cardano developer Sebastian Nagel took to Twitter recently to share the latest development. According to Nagel, the release of the first mainnet compatible version of the Hydra node came after months of demonstrating the scaling tool on the Cardano mainnet. The latest milestone included solving a host of other issues like updating dependencies and fixing Hydra’s arithmetic underflow.

According to the Github repository tweeted by Nagel, Cardano’s developers also updated the application programming interface (API) to accommodate for a first round of user requests. The API client is now allow…

The post Cardano’s Scaling Solution Hydra Goes Live On Mainnet appeared first on Coin Edition.

Read the article at CoinEdition

Read More

XRP Price Holds $3.04 After Strong Rebound From $2.70 Support

XRP Price Holds $3.04 After Strong Rebound From $2.70 Support

XRP is trading around $3.04 after defending the key $2.70 support earlier this month....
Pakistan Courts Overseas Exchanges With Virtual Asset License Offers

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Pakistan has invited global crypto firms to apply for licenses under its new regulato...