AI Summary
- Hydra, a Cardano layer 2 scalability network, has reached 1 million transactions per second during its ongoing Hydra Doom tournament.
- The tournament features a copy of the 1993 game, Doom, running on Cardano’s Hydra network where all actions are processed through the blockchain. The tournament, supported by Cardano’s Input Output blockchain research team, aims to showcase the scalability of Hydra and what it’s capable of achieving. .
- The blockchain-based tournament with a $100,000 prize pool began on December 3rd and will run until January 2025 with an in-person live show featuring guests from the esports industry. For the event’s qualifying online, players must face off against enemies and rake up points to be able to move on to higher qualifying rounds. Cardano founder, Charles Hoskinson, reacted on Twitter to news that Hydra reached a global TPS of over one million.
- In recent weeks, Cardano’s founder, Charles Hoskinson has been vocal about ADA’s involvement with other blockchain networks including Polkadot and Stellar Lumens, XLM.
Hydra, a Cardano layer 2 scalability network, has reached 1 million transactions per second during its ongoing Hydra Doom tournament.
The tournament features a copy of the 1993 game, Doom, running on Cardano’s Hydra network where all actions are processed through the blockchain.Â
The tournament, supported by Cardano’s Input Output blockchain research team, aims to showcase the scalability of Hydra and what it’s capable of achieving.Â
Cardano DOOM tournament is off to a great start
The blockchain-based tournament with a $100,000 prize pool began on December 3rd and will run until January 2025 with an in-person live show featuring guests from the esports industry.
For the event’s qualifying online, players must face off against enemies and rake up points to be able to move on to higher qualifying rounds.Â
Cardano founder, Charles Hoskinson, reacted on Twitter to news that Hydra reached a global TPS of over one million. Maintaining a high TPS without crashing indicates that a network is efficient, robust, and able to manage high throughput.
In a recent press release from Input Output, Charles Hoskinson said:
We’re thrilled to host the Hydra Doom tournament, bringing together players from across the globe for an unforgettable showdown in one of the most exciting and intense gaming events of the year.
With Hydra’s power, we’re pushing gaming to new limits, with the aim of reaching up to a million transactions per second and setting the stage for the future of high-speed, blockchain-enabled gaming.
ADA price insights
ADA is currently at treading $1.20 after surging since early November from lows of $0.30. Price targets for ADA vary, with many investors hoping for a long-term target between $3.00 – $6.00.
In recent weeks, Cardano’s founder, Charles Hoskinson has been vocal about ADA’s involvement with other blockchain networks including Polkadot and Stellar Lumens, XLM.
During a live stream, Charles Hoskinson voiced concerns about the exclusion of ADA and XRP from Wyoming’s stablecoin project, attributing the decision to biases against the two businesses.
