Input Output Hong Kong (IOHK), the company behind the Cardano protocol, has recently launched the first Hydra head on the blockchain’s mainnet, setting a new standard for scalability on the proof-of-stake (PoS) network.
This development is considered one of the most important in the Cardano ecosystem for this year, as it is expected to support the adoption of the blockchain in areas where cheap and fast transactions are required.
Hydra is a family of Layer 2 protocols aimed at making the Cardano parent blockchain more usable by scaling its transactions.
The goal of the Hydra development is to achieve ultimate scalability for Cardano, positioning it as a formidable smart contract hub in terms of scaling and transaction costs.
In a video insight shared by Sebastian Nagel, a developer working on the Cardano Hydra protocol, he confirmed that the Hydra head is not an upgrade and, as such, is not subject to any hard fork. Nagel noted that Hydra is the first of the protocols that will help Cardano achieve the scalability it desires.
The revelation of the first Hydra head on mainnet has excited the Cardano community, as it is expected to revolutionize the scalability of the PoS network.
The community believes that this development will further enhance Cardano’s reputation as a blockchain protocol that is continuously pushing the boundaries of innovation and functionality.