Cardano: The Hydra Doom Deathmatch to Kick-off this December
Cardano to Push Hydra to the Limits: A Tournament Like No Other
IOHK to Test Cardano’s Hydra Protocol; Announces Doom Tournament
Cardano’s parent company IOHK (Input Output Hong Kong) recently announced its upcoming Hydra testing campaign. This is to take the form of a gamified tournament and Doom, a DApp (decentralized application) built on the Hydra protocol, is to be used for the same. The goal behind this fresh development is exploring and pushing the boundaries of the Hydra scaling solution.
The Hydra Doom Deathmatch
This will mark its beginning the next month (December). Designed to involve a multiple number of thrilling rounds, the first will be about players competing against bots. As the players reach subsequent stages, the human participants will find themselves competing against each other. The parent body IOHK expects heavy participation, for which it is introducing incentives like a prize pool of $100,000 USDM.
History of the Hydra Protocol
Testing has been previously done in various phases and the Hydra protocol has shown positivity through its achievement of valuable milestones.
In numbers, the Hydra Doom application created a record of 3 million transaction in around an hour. This equaled a global throughput of 1,663 TPS (transactions/sec). Furthermore, there were more than 1,000 TPS maintained on a consistent basis without recorded failures. Not only this, but the result’s been just a minimal chain load of 14% for a 1-hour session.
What do the Statistics Show?
The past stats have hence proved the protocol’s capacity at handling high transaction volumes well-enough. The figures also point toward the potential of Hydra to speedup transaction processing and increase reliability, thereby revolutionizing the blockchain’s scalability.
Impact on the Market
The ADA market has gained a positive sentiment with high participation from the community. This can be seen in the once price increase of ADA by 8.62% within 24 hours, that marks a rise from $0.9508 to $1.06 at a point of time. The phase further marked the cryptocurrency ADA (native to the blockchain Cardano) achieving its peak value of $1.16, even underscoring the protocol-surrounded optimism.
Hydra-related Future Prospects
The development team at Cardano sees Hydra as a game-player in leading Cardano to scaling high to meet the growing demand. The integration of Hydra into the DApps like Doom only shows IOHK’s potential for practical applications.
While the data coming from the testing can refine Hydra, the ongoing test campaign holds the strength to optimize the protocol for real-world applications and to better manage the increasing adoption levels.
