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HomeCrypto NewsMarket"Hydra Is Coming To Cardano One DApp At A Time" As SundaeSwap...

“Hydra Is Coming To Cardano One DApp At A Time” As SundaeSwap Reveals Successful Demo

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SundaeSwap creates buzz with a successful Hydra demo.

In a tweet today, Cardano founder Charles Hoskinson asserted that “Hydra is coming to Cardano one DApp at a time” in response to SundaeSwap’s Hydra demo.

Notably, as highlighted above, the popular decentralized exchange (DEX) SundaeSwap on Friday revealed a successful demo of the Cardano scaling solution. While the DEX admits that a proper launch is still far off, it asserts that it is a huge leap for SundaeSwap’s and Cardano’s scaling journey.

Unsurprisingly, the demo has caused a lot of excitement within the Cardano community as it indicates that the Hydra launch is around the corner. Lead Hydra developer Sebastian Nagel lauded the effort from the SundaeSwap team, stating his interest in improving the protocol with their help.

It is worth noting that the development comes over a week after Hoskinson revealed in a series of tweets in response to a Twitter troll that decentralized apps (DApps) were already integrating the protocol. Notably, the troll had called out Input Output Global (IOG) for lack of transparency on the Hydra launch.

It bears mentioning that there is no fixed launch date which is not strange in the Cardano ecosystem, as IOG tends to emphasize releasing a product only when they are satisfied with testing without a launch date constraint. Meanwhile, as per recent statements from Hoskinson, Hydra, which will bring parallel processing, is only one part of the Cardano scaling plan.

Developers launched the Hydra Heads protocol on the public testnet in March. Some users have expressed the belief that these features will make Cardano, often touted as an “Ethereum Killer,” the king of DeFi soon.

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Mark Brennan
Mark Brennan
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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