Cardano’s Charles Hoskinson Dispels Rumors of Abandoning Hydra Scaling Project
cryptonews.comCharles Hoskinson, CEO of Cardano, took to X to address rumors of Hydra’s abandonment as “just pure FUD” (fear, uncertainty, and doubt) surrounding Cardano’s latest project.
I'm seeing some videos claiming that Hydra has been abandoned. It is just pure FUD. The team has never been more productive and motivated, there is great community engagement and new papers on the way for enhancements to the protocol. If you are ever curious about the project go…
— Charles Hoskinson (@IOHK_Charles) March 16, 2024
In his post, Hoskinson reassured the community that the Hydra protocol is not abandoned. Instead, he emphasized that the development team is highly productive and motivated, with ongoing progress and significant enhancements to the protocol. Hoskinson’s message aimed to dispel any doubts and reaffirm the commitment to advancing Hydra with strong community engagement.
The Cardano-based protocol Hydra, launched in May 2023, aims to enhance transaction processing capacity and reduce costs on the Cardano blockchain, aligning with Cardano’s “Basho” roadmap focused on scaling. However, recent discussions and videos on platforms like YouTube have raised concerns about Hydra’s status and the blockchain’s scalability efforts.
A video by The Cryptoviser on March 17 suggested that Cardano had shifted focus away from Hydra due to Charles Hoskinson announcing an integration with Hyperledger Firefly, another scaling solution, on March 13. The video highlighted tweets from Vanessa Harris, expressing community sentiments about accountability and the need for progress in delivering scalability promises.
Imagine actually holding folks in charge accountable. pic.twitter.com/ORSUx5Bc6f
— Vanessa Harris (@technologypoet) March 11, 2024
Harris
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