{"id":142363,"date":"2023-09-01T19:49:25","date_gmt":"2023-09-01T14:19:25","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=142363"},"modified":"2023-09-01T19:49:25","modified_gmt":"2023-09-01T14:19:25","slug":"cardano-scaling-tool-hydra-welcomes-significant-update-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/cardano-scaling-tool-hydra-welcomes-significant-update-crypto-news\/","title":{"rendered":"Cardano Scaling Tool Hydra Welcomes Significant Update – Crypto News"},"content":{"rendered":"

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In this week\u2019s development report, the Cardano (ADA) ecosystem has listed several <\/span>updates<\/span><\/a> surrounding its recently launched scaling protocol <\/span>Hydra<\/span><\/a>. This week, the Hydra team launched version 0.12.0 of the Layer-2 scaling solution although it had previously gone live on the mainnet on last month.\u00a0<\/span><\/p>\n

Evolution of Cardano Hydra Head<\/strong><\/h2>\n

Cardano developer Sebastian Nagel shared the update on Twitter (now X) a few days ago. According to the <\/span>summary<\/span><\/a> provided by Nagel, the upgrade is well-compatible with the Cardano Node version 8.1.2 and the <\/span>Mithril protocol<\/span><\/a> developed by Input Output Global (IOG). The upgrade came with some performance enhancement and Application Programming Interface (API) improvement features.<\/span><\/p>\n

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As such, Hydra will begin to operate new API endpoints and in that way, become more accessible to Web3.0 developers and researchers. The v0.12.0 upgrade also came with some code optimizations to improve Hydra\u2019s on-chain performance and security.<\/span><\/p>\n

The first time there was an Hydra upgrade, the L2 scaling solution <\/span>moved<\/span><\/a> from v0.10.0 to v0.11.0 with defined benefits. Markedly, this move made the protocol fully isomorphic to Layer-1 with the addition of timed transaction support and the long-awaited commit from external wallets.<\/span><\/p>\n

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Some weeks ago, the Hydra team worked on <\/span>upgrading<\/span><\/a> the specification of the protocol to align with recent on-chain changes. This came with a refactoring of the snapshot emission. To improve compiling times and slightly smaller Plutus scripts, the team also updated to GH 9.2.7.\u00a0<\/span><\/p>\n

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Mithril Team Works on Clarity<\/strong><\/h2>\n

In addition to the weekly development report, a new contributor joined the Hydra team and is very active in operating the Hydra head. So far, this contributor has participated in the meeting of the Intersect open source committee and also prepared the upcoming Hydra masterclass for an educational initiative for the community known as RareEvo.<\/span><\/p>\n

Mithril team, on the other hand, has been busy performing cleanup tasks to boost the clarity and reduce the verbosity of the logs and aggregator nodes. Plus, they also made it easy to verify the registration status of a signer by streamlining the processes.<\/span><\/p>\n

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Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on Twitter<\/a>, Linkedin<\/a> <\/p><\/div>\n<\/p><\/div>\n

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

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–><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

In this week\u2019s development report, the Cardano (ADA) ecosystem has listed several updates surrounding its recently launched scaling protocol Hydra. This week, the Hydra team launched version 0.12.0 of the Layer-2 scaling solution although it had previously gone live on the mainnet on last month.\u00a0 Evolution of Cardano Hydra Head Cardano developer Sebastian Nagel shared […]<\/p>\n","protected":false},"author":2,"featured_media":142364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[192,29,198,194,195,199,196,193,197,200],"class_list":["post-142363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-blockchain-business","tag-business","tag-coins","tag-crypto-business","tag-cryptocurrency-business","tag-fiat","tag-metaverse-business","tag-nft-business","tag-token","tag-token-business"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/142363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=142363"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/142363\/revisions"}],"predecessor-version":[{"id":146666,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/142363\/revisions\/146666"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/142364"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=142363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=142363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=142363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}