Hydra is an ecosystem of solutions built on Cardano (ADA), the world’s biggest proof-of-stake (PoS) network and most popular smart contract platform.
Following the debate about the recent updates to the Cardano (ADA) blockchain and infrastructure, an anonymous Crypto Twitter enthusiast enquired about the intricacies of Hydra’s design from IOG’s Matthias Benkort (@ KtorZ_).
Mr. Benkort was questioned about Hydra’s modular architecture, which enables the development of a variety of decentralised applications (dApps) on its infrastructure.
The developer indicated that Hydra would be able to onboard dApps with a variety of various topologies through its modular parts (“Heads”).
Additionally, the precise design of Hydra and the timeline for its development will be determined by community representatives’ wishes; many parts of the fundamental “Head” are currently entirely up to the community.
Cardano’s (ADA) infrastructure continues to grow in strength as the blockchain nears the Vasil upgrade. As previously reported by U.Today, Hydra is a network of Layer 2 scaling options for Cardano (ADA). Hydra, being one of the first protocols of this sort, is expected to outperform popular Ethereum-based L2 protocols such as Optimism (OP) and Arbitrum.
Meanwhile, the Cardano (ADA) ecosystem continues to make progress toward Vasil, its most important update since the release of smart contracts in Q3, 2021.
As a result, Cardano (ADA) is fortifying its infrastructure for the DeFi segment: its ground-breaking algorithmic stablecoin Djed, created in conjunction with COTI Network, is currently accessible on many key decentralised finance protocols.