Cardano has overcome numerous obstacles, maintaining 2500 days of uptime. Recently, Charles Hoskinson, the founder, shared exciting news about the Hydra upgrade, reigniting community enthusiasm.
Hydra Update Restores Confidence
Hoskinson’s Announcement
Charles Hoskinson’s recent post on X (formerly Twitter) has stirred excitement in the ADA community. He hinted at the imminent launch of the Hydra Head upgrade, asking followers if they were ready for “Hydra at Rare Evo.” He linked to a Hydra Doom website, confirming the upgrade is on the way.
Addressing Criticism and Rumors
Debunking Abandonment Claims
In March, Hoskinson debunked rumors that Cardano had abandoned the Hydra project. He clarified that critics aimed to spread Fear, Uncertainty, and Doubt (FUD). He assured users that the scaling protocol is actively in development, with the team more “productive and motivated” than ever.
Recent Upgrades and Developments
Hydra Version Updates
Cardano has seen several upgrades to its scaling solution. In Q1 2024, the Hydra protocol was updated to version 0.12.0, compatible with Cardano Node version 8.1.2 and the Mithril protocol from Input Output Global (IOG). The team is now working on version 0.15.0.
“God Mode” and DeFi Growth
Last month, Stake With Pride, a major pool operator, announced that Cardano Hydra would enable “God mode” on the network. This news boosted Cardano’s Decentralized Finance (DeFi) Total Value Locked (TVL) metric and increased ADA whale accumulation.
Cardano’s Uninterrupted Operation
Epoch 500 Milestone
In another update, Cardano enthusiast Jaromir Tesar shared that the protocol has reached epoch 500. Each epoch lasts five days, meaning Cardano has operated without interruption or restarts for 2,500 days.
Ongoing Ecosystem Enhancements
Alpha v1 Launch
Besides Hydra and the epoch update, other significant developments have occurred. Recently, developers launched Cardano alpha v1, the first step towards partner chains. This aims to reduce vulnerabilities and prevent low-cost attacks.