COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: IOHK Announces Doom Tournament to Test Cardano’s Hydra Protocol
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Cardano (ADA) > IOHK Announces Doom Tournament to Test Cardano’s Hydra Protocol
Cardano (ADA)

IOHK Announces Doom Tournament to Test Cardano’s Hydra Protocol

In Brief

  • IOHK announces the Doom tournament to test the Hydra protocol.

  • Cardano offers a prize pool to encourage community participation.

  • Upcoming tests are expected to provide more insights into Hydra's performance.

İlayda Peker
İlayda Peker 6 months ago
Share
SHARE

IOHK has recently announced the Doom tournament, which will serve as a testing campaign for the Hydra protocol. This initiative aims to push the boundaries of the scaling solution, providing a competitive environment for both bots and human players.

Contents
Expectations for Cardano HydraCommunity and ADA Market Response

Expectations for Cardano Hydra

The Hydra Doom deathmatch tournaments are set to commence next month, featuring a gamified testing phase. In the initial round, players will compete against bots, while the second round will involve real players facing off against each other.

As this article was being prepared, the price of ADA Coin experienced a decline due to losses in Bitcoin’s value. Bitcoin $109,142 dropped to $96,000, while ADA Coin fell to $0.959.

Community and ADA Market Response

To encourage participation in the Hydra Doom tournament, Cardano $0.757121 plans to offer a prize pool of 100,000 USDM. This protocol was developed to scale the mainnet, and Doom is positioned as one of the leading DApps showcasing Hydra innovation, as promoted by Charles Hoskinson.

“Help us push the limits of Hydra!”

This is not the first time the protocol has conducted relevant tests on Hydra. The development of the protocol will be informed by the performance and statistics gathered from these tests.

In previous tests, Hydra Doom processed a total of 3 million transactions in approximately one hour. Additionally, it recorded 1663 Global TPS, consistently achieving over 1000 transactions without any failed attempts. Finally, Cardano Hydra Doom reached a 14% chain load in one hour.

Cardano continues to be one of the best-performing assets in the market this month. Despite ADA’s price surpassing the $1 mark, leading market watchers indicate that this is just the beginning. Initial reactions to the Hydra Doom test have piqued community interest, with many members of the Cardano ecosystem signing up for the testing event. The perception of ADA’s price has improved as a result.

At the time of writing, ADA was trading at $0.95 and had decreased by 15% in the last 24 hours. During this period, the coin saw a rise from $0.9508 to $1.16 before retreating due to Bitcoin’s decline.

With upcoming tests and community involvement, further insights into the performance of Cardano’s Hydra protocol are anticipated. These developments may provide crucial indicators for ADA’s future market performance and ecosystem growth.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Cardano Rises Above Challenges to Establish Strong Ground

Cardano Aims to Rise Past USDC in Market Value

Cardano Surges as Bullish Patterns Signal Growth

Cardano Price Rises as Investors Anticipate Psychological Threshold

Cardano Faces $600 Million ADA Coin Embezzlement Controversy

İlayda Peker 24 November, 2024 - 8:12 pm 24 November, 2024 - 8:12 pm
Share This Article
Facebook Twitter
Share
İlayda Peker
By İlayda Peker
Follow:
Uluslararası İlişkiler ve Siyaset Bilimi Mezunu, Kitap sever.
Previous Article Bitcoin Price Declines as Altcoins Face Significant Losses
Next Article Stellar Price Surge Positions XLM as Market Leader
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

The Impact of Legal Battles on Coinbase: A Closer Look
Cryptocurrency Law
US Steps Up Efforts to Build Strategic Bitcoin Reserve
Bitcoin (BTC)
Secure Your Spot in Solana’s Expanding Crypto Landscape
Solana (SOL)
Discover How XRP Maintains Its Strength in a Volatile Market
Ripple (XRP)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?