In a groundbreaking demonstration of blockchain scalability, Cardano's layer 2 solution, Hydra, has processed over 2 billion transactions in just 4 hours during its innovative Hydra Doom tournament, outperforming traditional payment giant Visa.
The tournament, which features a blockchain-enabled version of the classic 1993 game Doom and offers a $100,000 prize pool, has become a powerful showcase of Hydra's processing capabilities. The network continued its impressive performance by handling an additional billion transactions over the following 5 hours.
At its peak, Hydra achieved approximately 10,000 transactions per second, dwarfing Visa's average daily processing volume of 23 million transactions. Since the tournament's launch on December 3rd, the network has accumulated a staggering 14 billion total transactions.
This achievement positions Cardano as a serious contender in the high-performance blockchain space, challenging established networks like Solana's record breaking performance. The Cardano community watches closely as Hydra approaches these benchmark figures.
The success of the Hydra Doom event demonstrates Cardano's ability to handle massive transaction volumes while maintaining network stability. This performance milestone arrives alongside positive market movements for Cardano's native token, ADA, which has maintained a steady trading range between $1.00 and $1.30.
Charles Hoskinson, Cardano's founder, has highlighted the platform's potential for scaling Bitcoin and possible collaborations with Stellar Lumens, suggesting broader applications for Hydra's proven capabilities. The tournament's results mark a defining moment for Cardano, establishing its position as a leading scalable blockchain solution in the cryptocurrency landscape.
This technical achievement through an innovative gaming tournament format not only showcases Hydra's processing power but also opens new possibilities for blockchain applications requiring high-throughput performance.