Matthias Benkort said that people should stop spreading misleading information about Cardano’s Hydra and indirectly confirmed that the 1 Million scalability figure of Hydra was a publicity stunt.
Cardano is a popular Proof-of-stake (PoS) network, popularly known as Ethereum rival. The founder of Cardano is Charles Hoskinson, one of the early contributors to the Ethereum blockchain. Over the last couple of years, the Cardano engineering team focussed on the Cardano network scalability & efficiency.
Recently Hydra, a layer-2 scaling network on Cardano, goes live on the Cardano mainnet. One of the Cardano community members & ADA staking pool operator Marco Meerman shared this information on Twitter.
The Cardano Foundation’s Tech Director Matthias Benkort responded to the Cardano enthusiast and said that Hydra’a 1 million scalability potential is misleading & further suggested reading the official articles.
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No it is not. Please stop spreading the “1 million tps” narrative
, it is misleading.
If you need more information about what is Hydra and what can it do, check:
– https://t.co/D3xqC2Z6Fs
– https://t.co/1x2x1CARLK
– https://t.co/s5rSg1O9rw— KtorZ (@_KtorZ_) May 13, 2023
Many ADA lovers said that the Cardano Tech director is wrong and also claimed that 2 Million TPS is the maximum scalability target of the Hydra team.
Further, the staking pool operator Meerman thanked the Cardano tech director for correcting him. In response, the Cardano tech director hinted toward the promotional stunt, where the Cardano blog post writer(s) mentioned Hydra with 1 Million scalability.
In the recent week, the top two crypto networks Ethereum & Bitcoin saw very high transaction traffic, which further increased the network fees significantly. In that situation, the majority of the people opted for the Cardano network as the best choice.
Ada price action
The current trade price of ADA coin, a native token on the Cardano network, is $0.3660 & this trade price is 3.36% down over the last 7 days of trade price.
Read also: Coinbase says “sorry” over bad overview of $pepe token
Cardano dev says Hydra can’t process transactions at 1M scalability
https://bitcoinik.com/cardano-dev-says-hydra-cant-process-transactions-at-1m-scalability/feed/
https://bitcoinik.com/cardano-dev-says-hydra-cant-process-transactions-at-1m-scalability/feed/
