- Decentralized exchange SundaeSwap recently made a deployment on Hydra showing its ability to accomplish very fast settlements.
- Cardano’s Hydra is aiming for one million TPS with a latency period being less than one second.
One of the major challenges for blockchain networks is addressing the scalability issues as thousands of new users join every day. The Cardano blockchain network is one such platform that actively working to address this matter.
The Cardano has been actively working on its Layer-2 scalability solution Hydra. The Hydra protocol will work atop the existing Layer 1 Cardano blockchain. The Hydra scalability solution seeks to address several concerns while ensuring an optimum fee structure acceptable to both – validators and users.
Source : Can Cardano solve the scaling issue of blockchains? Hydra looks forward to 1,000,000 TPS