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Cardano’s Hydra Launches Gamified Test Campaign as ADA Price Responds

source-logo  cryptonewsland.com 24 November 2024 20:16, UTC
  • Hydra Doom testing recorded 3M transactions in 1 hour, achieving 1,663 TPS and maintaining over 1,000 TPS without failures.
  • Cardano incentivizes Hydra testing with a $100K USDM prize pool, engaging both bots and human players in a gamified tournament.
  • ADA surged 8.62% to $1.06 following Hydra Doom testing news, reflecting strong community interest and market confidence.

Input Output Hong Kong (IOHK), the company behind Cardano, has announced its upcoming Hydra testing campaign. The initiative will take the form of a gamified tournament using Doom, a decentralized application built on the Hydra protocol. This testing aims to explore and push the boundaries of the Hydra scaling solution.

Notably, the Hydra Doom deathmatch is set to begin next month and will be conducted in multiple stages. The first stage will involve players competing against bots, while the subsequent round will feature human participants competing against each other. IOHK has also introduced incentives, including a $100,000 USDM prize pool, to encourage participation.

Help us push Hydra to the limits on Cardano!

A tournament like no other, the Hydra Doom deathmatch kicks off this December, and 100,000 USDM in various prizes can be won. Featuring a brand new customized game look, multiple thrilling rounds of non-stop fragging, and an in-person… pic.twitter.com/iRLVFYrsld

— Input Output (@InputOutputHK) November 23, 2024

Hydra’s Impressive Past Performance

Additionally, in earlier testing phases, the Hydra protocol achieved significant milestones. The Hydra Doom application recorded three million transactions in approximately one hour. This equated to a global throughput of 1,663 transactions per second (TPS), highlighting the protocol’s capacity to handle high transaction volumes efficiently.

Furthermore, it consistently maintained over 1,000 transactions per second without any recorded failures.

Consequently, the testing also resulted in a minimal chain load of just 14% during the one-hour session. These figures underline Hydra’s potential to revolutionize blockchain scalability by enabling faster, more reliable transaction processing.

Community Response and Market Impact

Moreover, the announcement has sparked interest within the Cardano community, with many members signing up for the testing event. This excitement has contributed to a positive sentiment in the ADA market. Over the past 24 hours, ADA’s price increased by 8.62%, rising from $0.9508 to $1.06 at the time of writing.

During this period, the cryptocurrency reached a peak value of $1.16, further underscoring the growing optimism surrounding the protocol’s advancements.

Meanwhile, the Hydra Doom tournament aligns with Cardano’s broader objectives of enhancing its ecosystem. The testing provides valuable data to refine Hydra while promoting decentralized applications within the network.

Focus on Scaling and Future Prospects

Furthermore, Cardano’s development team views Hydra as a cornerstone for scaling its blockchain to meet growing demand. By integrating Hydra into decentralized applications like Doom, IOHK is showcasing its potential for practical applications.

Therefore, the ongoing testing campaign offers insights into optimizing the protocol for real-world use cases, ensuring it can handle increasing adoption levels.

cryptonewsland.com