The Hydra update brings important changes ahead of the Chan
fork
August 9 #Cardano announced version 0.18. 0 of its Hydra Head scaling solution %.
Cardano updates Hydra scaling solution ahead of Chan
fork Cardano announced version 0.18. 0 of its Hydra Head scaling solution to improve network performance.
This update comes ahead of the Chang #hard fork, which further decentralizes the #blockchain network. According to observers, these two updates further strengthen Cardano's position among competing networks such as #MarketDownturn .
Cardano recently implemented a major update to its Hydra Head scaling solution, which is a major step towards improving transactions on the network.
This update comes ahead of the long-awaited hard fork of Chan.
On August 9, Cardano announced version 0.18. 0 of the Hydra Head scaling solution. The update aims to improve transaction efficiency and eliminate withdrawal delays.
Sebastian Nagel, Cardano's developer, highlighted an important feature that allows users to withdraw funds from open heads without having to close them. The update also includes improved documentation and fixes to the wallet's internal fee calculations.
Nagel said:
"Important features include: withdrawing funds from open heads without closing them and fixes to prepare for Conway - be sure to update
Hydra is a layer 2 scaling solution designed to improve the scalability of the Cardano blockchain. Despite past concerns about the project's progress, this update demonstrates Cardano's continued commitment to Hydra. It is also in line with founder Charles Hoskinson's assurances about the project's development.
The Hydra update is in line with the upcoming Chang hard fork, which is designed to turn Cardano into a fully decentralized blockchain. According to Hoskinson, the update is a historic milestone for Cardano and the blockchain industry as a whole.
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