Cardano to Manage Future Traffic on Blockchain

Cardano founder said that hydra will handle future traffic on Cardano Blockchain. In the most recent “Ask me anything” session, Charles Hoskinson shared his upcoming development work on the Cardano Blockchain network.

Charles Hoskinson, CEO of IOHK Global team & founder of Cardano, revealed on YouTube in the last AMA session. However, he did not live from his native Colorado. He aired the AMA session directly from Ethiopia as he was in Ethiopia as part of the Cardano Africa Tour.

Through the live session, Charles Hoskinson shared information about the many development work in Cardano, especially the necessity of Hydra for Cardano.

Above all, he appreciated the enabled “ERC-20 converter tool” bridge between Ethereum and Cardano to enable ERC-20 token users to take advantage of transacting on Cardano Blockchain with very low fees.

In addition, Charles Hoskinson said that the large crypto adoption traffic of transactions is increasing rapidly and will be at a high level in the future. The latest Alonzo upgrade that enables Hydra is a huge need for the Cardano blockchain.

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.