Before the Vasil hard fork, which was confirmed to be released in June by Cardano founder Charles Hoskinson, the Cardano team announced another important development.
Cardano team launched Hydra Heads upgrade on testnet
Hydra Heads was launched on testnet by Cardano team. The team has put in some important work on the long-awaited Hydra upgrade. According to a screenshot released today by Cardano CEO and founder Charles Hoskinson, the team has successfully released my first version of Hydra on the public Cardano testnet. Cardano’s IOHK member Sebastian Nagel:
One year after first reading the Hydra whitepaper, we launched the first Hydra Heads on the public testnet today.
Previously had a heated discussion with crypto journalist Laura Shin about her educational background. The Cardano founder, who was included, praised the achievement on his personal Twitter profile and wrote:
I am really pleased with the Hydra team for achieving this goal. This is one of the fastest and most effective hands-on research of the Cardano ecosystem.
Hydra upgrade is ready to go live
The ADA community is waiting for the Hydra update, a layer-2 scaling solution, as it is expected to improve many parts of the network. Surprisingly, the update will enable transaction and smart contract parallel processing, comparable to Ethereum’s sharding or parallel blockchains. Cardano’s development team has done significant work on Hydra and the update is expected to be released later this year.
The team released an end-to-end node integration for Hydra’s second release in January 2022. The ADA team has made approximately 3,057 new changes to GitHub during its development, which is a big step towards the Hydra launch. After the release of Hydra, it is expected to positively affect the ADA price. It is worth noting that after the official launch of Hydra, the ADA price is expected to skyrocket, giving investors another reason to cheer.
On this subject, Charles Hoskinson claimed that a major tsunami would come after the Vasil hard fork came into effect in June. You can reach the statements we have compiled as Kriptokoin.com here.
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