Cardano [ADA]: Post Hydra’s launch, how has the network fared? Gauging…

Cardano [ADA]: Post Hydra's launch, how has the network fared? Gauging...

of Cardano’s ambitious layer-2 scaling solution, Hydra, which is expected to make transactions cheaper and faster on the blockchain.

However, this was not the end, as Cardano developers were all set to push more network upgrades in the days to come.On 5 May, Cardano released the most recent edition of its weekly progress report, outlining major technological developments. As part of its attempts to improve the overall performance and stability of the network, the Cardano networking team worked on making the Ouroboros-network compatible with GHC v.9.4 and v.9.6. They also prepared the release of network packages for the upcoming Cardano-node-8.0.

After the launch of Hydra, the focus now shifts towards the next major scaling solution, Mithril. Moreover, the Mithril team successfully implemented the new certifier service of the aggregator. Apart from this, the team finished implementing the interfaces defined to provide certification for the fully immutable Cardano files snapshot and the Mithril stake distribution.

To add context, Mithril is a stake-based multi-signature scheme that leverages the existing Cardano network to provide certified snapshots of all or part of the blockchain state. This will result in faster bootstrapping of nodes, without compromising on security aspects.

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