Hydra

Cardano

World

Millions

when

<h4><strong>That’s what Hydra, Cardano’s new Layer 2 scaling solution, just made possible.</strong></h4>
<p>Yesterday, Hydra reached a jaw-dropping milestone: 1 million transactions per second (TPS). To put that into perspective, it’s faster than any other crypto or payment system out there. Here’s why this is such a big deal.</p>
<h5><strong>Speed That Leaves Others in the Dust</strong></h5>
<p>Most payment systems have limits. For example:</p>
<ul>
 <li><strong>Bitcoin’s Lightning Network:</strong> 1 million TPS.</li>
 <li><strong><a href="https://www.altcoinbuzz.io/?s=solana" target="_blank" rel="noopener noreferrer nofollow">Solana</a>:</strong> 65,000 TPS.</li>
 <li><strong>Visa:</strong> 65,000 TPS.</li>
 <li><strong>Alipay:</strong> 256,000 TPS.</li>
</ul>
<p>Hydra blows them all out of the water with its unmatched speed. Whether making payments, running smart contracts, or even gaming, Hydra ensures there’s no waiting around. It’s like having a superhighway with no traffic jams, no matter how many cars are on the road.</p>
<blockquote class="twitter-tweet">
 <p dir="ltr" lang="en">BREAKING: Cardano’s Hydra hit 1M+ TPS during the Doom gaming tournament.</p>
 <p>What does this mean?</p>
 <p>As Mark Twain once said:<br> “There are three kinds of lies: lies, damned lies, and statistics.”</p>
 <p>Demystifying Hydra’s Doom TPS: Optics vs. Reality</p>
 <p>1M TPS—What actually happened?</p>
 <p>•… <a href="https://t.co/ZvtCIZtPiO" rel="noopener noreferrer nofollow">https://t.co/ZvtCIZtPiO</a> <a href="https://t.co/iAV3PMeAQS" rel="noopener noreferrer nofollow">pic.twitter.com/iAV3PMeAQS</a></p>
 <p>— goku (@0xgoku_) <a href="https://twitter.com/0xgoku_/status/1864329638916345885?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 4, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p>Hydra keeps transaction fees low, even when the system is busy. That means businesses and users can save money, whether they’re buying a coffee or running a global e-commerce store. As they say, “Why break the bank when you don’t have to?” This makes Hydra perfect for real-world applications like:</p>
<ul>
 <li>Everyday payments.</li>
 <li>Gaming transactions.</li>
 <li>Smart devices. (like your smart fridge or watch)</li>
</ul>
<p>To prove this capacity, <a href="https://www.altcoinbuzz.io/?s=Charles+Hoskinson" target="_blank" rel="noopener noreferrer nofollow">Charles Hoskinson</a>, the Founder of Cardano, made the event “Hydra Doom”. In it, every frame of the game is a transaction.</p>
<blockquote class="twitter-tweet">
 <p dir="ltr" lang="en">I’m seeing lots of posts about the Cardano Hydra Doom Tournament but few are emphasizing the fact that the whole point is to showcase insane TPS. Every frame is a transaction on Hydra L2. If communicated effectively this should be going viral.. <a href="https://t.co/ege8cxM3cr" rel="noopener noreferrer nofollow">https://t.co/ege8cxM3cr</a> <a href="https://t.co/TpTvqIMoXX" rel="noopener noreferrer nofollow">pic.twitter.com/TpTvqIMoXX</a></p>
 <p>— bon futura (@kitowake) <a href="https://twitter.com/kitowake/status/1863997886213562726?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 3, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h5><strong>Why It Matters</strong></h5>
<p>Hydra doesn’t just make <a href="https://www.altcoinbuzz.io/?s=cardano" target="_blank" rel="noopener noreferrer nofollow">Cardano</a> faster—it puts the platform in a league of its own. The crypto world often faces issues like delays and high fees during busy times. Hydra solves all that with its ability to process millions of transactions without breaking a sweat.</p>
<p>This makes Cardano one of the most scalable, decentralized, and affordable solutions in both crypto and fintech. In simple terms, it’s a game-changer.</p>
<blockquote class="twitter-tweet">
 <p dir="ltr" lang="en">1.02 Millions Transaction per Second on Hydra-Cardano <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f409.png" alt="🐉" class="wp-smiley" style="height: 1em; max-height: 1em;"></p>
 <p>World Doom Tournament Competition <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/dZy6uZX4ud" rel="noopener noreferrer nofollow">pic.twitter.com/dZy6uZX4ud</a></p>
 <p>— Crypto Medit₳tor <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f91d.png" alt="🤝" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f499.png" alt="💙" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1ec-1f1f7.png" alt="🇬🇷" class="wp-smiley" style="height: 1em; max-height: 1em;"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1f3-1f1f1.png" alt="🇳🇱" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@MeditatorCrypto) <a href="https://twitter.com/MeditatorCrypto/status/1864158349517799695?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 4, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h5><strong>The Big Picture</strong></h5>
<p>With Hydra, Cardano is paving the way for the future of payments, gaming, and even smart devices. And it’s doing it in a way that’s fast, affordable, and reliable. They say, “The early bird catches the worm,” and Cardano seems ready to claim the top spot in crypto innovation.</p>
<p><a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener noreferrer nofollow"><img decoding="async" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/Alpha_website_leaderboard-banner-1.jpg"></a></p>
<div class="youtube-embed" data-video_id="9kfNWcJp-RA"><iframe title="Missed XRP? These Altcoins are Ready to Pump More (But act quick)" width="696" height="392" src="https://www.youtube.com/embed/9kfNWcJp-RA?feature=oembed&amp;enablejsapi=1" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
<h6><strong>Disclaimer</strong></h6>
<p>The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</p>
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/hydra-hits-1m-tps-making-cardano-the-fastest-in-crypto/" rel="noopener noreferrer nofollow">Hydra Hits 1M TPS, Making Cardano the Fastest in Crypto</a> appeared first on <a href="https://www.altcoinbuzz.io" rel="noopener noreferrer nofollow">Altcoin Buzz</a>.</p>

Hydra Hits 1M TPS, Making Cardano the Fastest in Crypto

Altcoin Buzz

Other articles published on Dec 5, 2024

Phantom wallet is safe from the Solana supply chain attack

SUI Price Eyes $5: Analysis Reveals Parallels with Solana’s (SOL) 2021 Rally

JasmyCoin (JASMY) Soars 25% Prepping For Further Price Surge

Crypto expert explains why VeChain price is set to soar

What Strategies Ensure Success in Cryptocurrency?

VAP Group’s Global Blockchain Show to Honor Innovators at Awards Ceremony in Dubai

Join our free newsletter for daily crypto updates!