Cardano has launched its much-anticipated Hydra Layer-2 scaling solution, designed to increase the network’s transaction throughput and reduce fees.
Hydra operates as an off-chain protocol that allows for faster and more efficient processing of transactions without sacrificing security or decentralization.
This development is seen as a major milestone for Cardano, which has faced criticism in the past for its slower transaction speeds compared to other blockchains like Ethereum and Solana.
Hydra is expected to attract more developers and dApps to the Cardano ecosystem, boosting its competitiveness in the DeFi and NFT spaces.
