• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

The closest Hydra Layer two answer to testnet – Second Chance or “Door of Death” for Cardano (ADA)?

190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

A developer update to Cardano (ADA) on Hydra suggests that the platform’s strategic Layer two answer may possibly arrive sooner than initially anticipated.

The Hydra Layer 2 solution comes close to Testnet - a good second chance "gate of death" for Cardano (ADA)?
Hydra Layer two Solution Comes Close to Testnet: Second Chance or “Door of Death” for Cardano (ADA)?

In late September, Cardano announced a Hydra Layer two answer, meant to enable the Cardano network run additional smoothly when making an attempt to course of action numerous significant-scale transactions, this kind of as serious-globe activity processing. Since then, Hydra has been observed as 1 of Cardano’s “ultimate weapons” in his foray into the DeFi globe following the launch of the Alonzo mainnet.

Related articles

Cardano vs Solana - which ecosystem is better

Cardano vs Solana – which ecosystem is greater?

March 9, 2024
What is Saga (SAGA)?  Solution for building appchains

What is Saga (SAGA)? Solution for making appchains

November 24, 2023

All developments all-around Hydra had been stored underneath wraps until eventually the occasion wherever Cardano welcomed the two million ADA wallet milestone in early November, when Cardano founder Charles Hoskinson uncovered that Hydra was nonetheless in phase. of planning.

“We will carry on to include sources to Hydra and are seeking to recognize a number of teams wherever we can optimize the workload as this is a substantial enterprise priority. And most importantly, we will be in a position to download a big quantity of targeted visitors that will come from all outgoing apps. “

And then abruptly it occurred final week, developer Haskell Matthias Benkort posted a standing line praising Cardano application engineer Sebastian Nagel’s comprehensive GitHub update to Hydra edition .two.. The move is in stark contrast to the “stagnation” of the platform’s operations so far.

Initial estimates offered by Cardano would be a late 2022 edition for Hydra. However, in Benkort’s phrases, stating that the task is progressing steadily, which will carry Hydra closer to the testnet phase, the ADA neighborhood is seeking forward to an earlier than anticipated launch. .

Constant progress on the #Hydra evidence-of-notion with one more pre-release: finish-to-finish #Cardano node integration (on a personal cluster) is a thinghttps://t.co/TiO0lTqeXP

The following ways, we will target on on-chain validations and bridging the gap to testnet!

– KtorZ (@_KtorZ_) December 14, 2021

“We are focusing on on-chain validation and closing the testnet gap in the next steps.”

Overall, this is also a notable level in Cardano’s favor following obtaining a great deal of “storm” of criticism from traders surrounding the “eternal” story that there is nonetheless no dApp working on the platform, which lasts up to ten weeks following the Alonzo tricky fork. On a more substantial scale, Charles Hoskinson’s guarantee a 12 months in the past was even an very hefty “tragedy.”

However, it can be mentioned that the release of Hydra will mark a pretty crucial milestone for Cardano in terms of rebuilding believe in in the neighborhood and a very important phase in direction of its objective of favourable international modify. However, it is also crucial to note that if Cardano repeats the testnet error following only one day of launch with SundaeSwap, the initially dApp of the task, every thing will fall apart fully.

Synthetic Currency 68

Maybe you are interested:

Maybe you are interested:

Tags: ADACardanochanceclosestdeathDoorHydraLayersolutiontestnet
Share76Tweet48

Related Posts

WazirX Granted Court Extension for Restructuring Plan

by shark
June 25, 2025
0

WazirX gains court extension for restructuring post-hack, shielding from lawsuits.

Arbitrum’s Protocol Revenue Soars by 23% Amid Renewed DAO Partnership

by shark
June 25, 2025
0

Arbitrum sees a 23% increase in protocol revenue as strategic DAO collaboration boosts financial outcomes.

Polymarket Shows Low Trump Impeachment Odds for 2025

by shark
June 25, 2025
0

Polymarket reports show a low likelihood of Trump's impeachment by 2025, with significant engagement in prediction markets.

Coinbase Schedules July System Upgrade for Enhanced Security

by shark
June 25, 2025
0

Coinbase is set to undergo a scheduled system upgrade on July 19, 2025. Here are the key takeaways and details.

San Antonio Spurs Partners with Ledger in Jersey Deal

by shark
June 25, 2025
0

San Antonio Spurs have entered a multi-year jersey sponsorship with Ledger, a cryptocurrency security firm, announced in San Antonio. The...

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • WazirX Granted Court Extension for Restructuring Plan
  • Arbitrum’s Protocol Revenue Soars by 23% Amid Renewed DAO Partnership
  • Bonk Price Prediction: Bonk Fades After 11,954% Rally as Troller Cat Prepares to Pounce With 13x Potential
  • Polymarket Shows Low Trump Impeachment Odds for 2025
  • Coinbase Schedules July System Upgrade for Enhanced Security
  • San Antonio Spurs Partners with Ledger in Jersey Deal
  • Federal Reserve Grants Banks Freedom in Crypto Activities
  • Bitcoin Absorption Rises Amid Market Turmoil, Analysts Report
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7