The Good Tech Companies - Hydra Achieves 1 Million TPS, Validating Cardano as the Fastest Blockchain

Episode Date: January 24, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/hydra-achieves-1-million-tps-validating-cardano-as-the-fastest-blockchain. Hydra achieves 1M TPS on Cardano, showcasing unparalleled blockchain scalability in the Hydra Doom Tournament. A game-changer for DeFi and P2P applications. Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #fastest-blockchain, #hydra-doom-tournament, #hydra, #hydra-1m-tps, #cardano, #transactions-per-second, #defi-applications, #good-company, and more. This story was written by: @jonstojanjournalist. Learn more about this writer by checking @jonstojanjournalist's about page, and for more stories, please visit hackernoon.com. The Hydra Doom Tournament highlighted Cardano’s Hydra solution, achieving 1M TPS and proving its scalability. With 15.5B transactions processed in 24 hours without failure, Hydra demonstrated its potential for gaming, DeFi, and P2P applications. Its horizontal scaling via Hydra heads and innovations like the temporary head model ensure efficiency, reliability, and adaptability, revolutionizing blockchain use cases across industries.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Hydra achieves 1 million TPS, validating Cardano as the fastest blockchain. By John Stoyan, journalist, the Hydra Doom tournament is a high-stakes gaming event, held both online and live, that highlights the classic game Doom while demonstrating the scalability and capabilities of the Hydra solution on the Cardano blockchain. The first stages of the tournament have delivered decisive results, with Cardano being crowned the fastest blockchain, achieving an unprecedented 1 million transactions per second, TPS. This significant milestone positions Cardano at the forefront of blockchain scalability and could

set a new precedent for the industry. Most importantly, Cardano has proven its capability for high scalability without compromising security or decentralization, reflecting the blockchain's readiness to support high-demand applications across industries. Beyond the gaming industry, the Hydra Doom engine could transform P2P applications and business-to-business systems in all areas of tech. The stress test of the Hydra Doom Tournament asterisk The Hydra Doom Tournament has served as a real- The stress test of the Hydra Doom Tournament asterisk The Hydra Doom Tournament has served as a real-world stress test that push at Hydra's capabilities to the limit within a competitive environment. The players competed in regional qualifiers and

semifinals and the tournament will conclude with an in-person finale held in Las Vegas. The large scale of the tournament showcased Hydra's ability to process vast amounts of data in real-time transactions. Superior tech applications in data processing within the Hydra Doom tournament, game data from players was submitted as smart contract transactions to individual Hydra heads. Each Hydra head then validated transactions using smart contracts that contained a subset of game logic and tracked the game's state, including player scores. Providing this information via the blockchain made it possible to populate leaderboards and distribute prizes through verified smart contracts. Although video game competitions can typically take weeks to

distribute prize money to winners, the Hydra Doom Tournament managed it within seconds. A proving ground for scalability the Hydra Doom Tournament demonstrates Hydra's scalability prowess under live conditions. During the qualifier on December 3, thousands of players competed for spots, so the Hydra team decided to further supplement traffic with additional games running bot vs bot simulations. The number of transactions surpassed the previous total of 106 million over 78 hours during the Rare Evo event, reaching 15.5 billion transactions in just 24 hours. The semifinals, held December 8-18, featured Player V's player deathmatches as competitors vied for spots in the finals. A major milestone for blockchain technology** Hydra's success, proven by how rapidly it handled transactions throughout the Doom

tournament, has made Cardano much faster and more efficient. Hydra has distinguished itself from other blockchain systems through a number of advantages inherited from Cardano, including the EUTXO model, native assets, deterministic transaction execution, and high assurance smart contracts. These benefits are taken to a new level with the application of the temporary head model. The power of the Hydra headshedra's strength lies in its horizontal scaling capacity, in which as many Hydra heads as needed can be deployed in parallel. This grants Hydra the capability totake on large volumes, as proven on the Hydra Doom tournament grounds. Theoretically, there is no upper limit to its scaling capacity for applications in this

design type. The collaboration of multiple engineering teams and designers, including Sunday Labs, Adam Dean, Drip Drops, and the Hydra team, hustle out for Hydra's true potential to be unlocked and run in real time. What truly sets Hydra apart is the ingenuity of the temporary head model. Each Hydra head operator can enact trade-offs that wouldn't be possible for persistent systems, such as setting transaction fees to zero, which allows for significantly larger and more complex transactions if needed. Perhaps most impressively, of the roughly 15.5 billion transactions processed within 24 hours on December 3, not a single one failed. This unprecedented reliability could set

new benchmarks for the tech industry, with applications spanning multiple sectors. The potential applications of Cardano Hydra Hydra has already proven its potential in gaming through the Hydra Doom tournament. Beyond processing transactions for these kinds of tournaments, it could also process microtransactions during gameplay with advanced speed and efficiency. These capabilities can be taken outside the gaming world as well, as it is uniquely suited for P2P applications within business-to-business systems. Broadening the category from the gaming angle, it can also be applied to information-gathering applications, where the primary purpose is not to handle people's assets but to collect cryptographically verified information such as signed messages. Furthermore, Hydra's

abilities could be utilized for banking and global payments, breaking financial barriers with faster cross-border transactions. Within the world of DeFi, Hydra could power decentralized applications to improve the user experience among a wide variety of other blockchain use cases. The future implications of blockchain progression Each milestone of blockchain progression increases the accessibility of blockchain technology for users and use cases. As this technology reaches new levels of sophistication, so does its potential to transform industries across tech. In terms of Hydra, it can be employed as a friction remover for practical day-to-day use. In its initial deployment phase, it can operate in a centralized model, then gradually change its structure to involve more node operators. Although Hydra is not the

ultimate solution for every tech case, it can be combined with other products in the ecosystem to boost value for businesses and organizations. The road ahead for Cardano Hydra The next step for Hydra's team is the conclusion of the Hydra Doom Tournament, which will take place on January 24, 2025 during the C-Play Summit at the HyperX Arena in Las Vegas. In a final showdown, top players will compete for a total of $50,000 in prizes. This showcase event will place Hydra's scalability on the global stage in true esports fashion. Beyond the tournament, the Hydra team looks forward to the system's official version 1 node launch. They also have numerous applications in the works Thathy will build with Hydra, including notable applications aimed at empowering DeFi use cases with Gummyworm

from Sunday Labs and Delta DeFi. With the capabilities that Cardano Hydra has demonstrated so far, it is poised to take top spots in blockchain applications. Like its namesake, the multi-headed mythical beast, Hydra's decentralized mode of operation makes it an exciting example of what DeFi has to offer. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.