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Cardano Founder Hits FUD with Hydra Scalability Upgrade – Money Wiper Crypto News Blog

By Admin
Estimated read time 1 min read
March 16, 2024

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In a statement, Charles Hoskinson, the founder of the Cardano, expressed his opinion regarding the accusation of a network change through Hydra, the technology used by the organization for scalability. He gave FUD (Fear, Uncertainty, and Doubt) remarks a hit, underlining that the platform is very productive.

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

Hoskinson highlighted the strong community engagement within the Cardano ecosystem and revealed that new papers outlining enhancements to the protocol are forthcoming in the coming weeks. This reinforces the team’s commitment to continuously improving and advancing the Cardano network.

Hydra was designed to enhance Cardano’s scalability through a unique approach to transaction processing. The developer team has consistently implemented upgrades to improve the protocol, ensuring smooth delivery of its functionalities.

Also read:

Cardano’s Charles Hoskinson Warns ‘Legacy Eating Crypto’

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