Layer-2 Cardano “a necessity” as Hoskinson predicts a huge spike in network traffic.

Cardano founder Charles Hoskinson describes Hydra as a “high commercial priority” due to the expected increase in traffic scale in the coming months. Especially in the near term, when projects in Africa start to spread.

He added that research on Hydra is currently ongoing. However, generally speaking, things are getting “closer” to a (version) “1.0”. Hydra is a layer 2 scaling solution that can theoretically deliver speeds up to 1 million transactions per second (TPS).

Speaking from Ethiopia, Hoskinson hosted an AMA at the weekend. As usual, it was filled with a wide variety of topics, including points about the ERC-20 converter and a brief mention of a possible deal in Egypt.

However, of more interest was talk of Hydra, Cardano’s tier 2 solution. Hoskinson said the IOHK team is busy working on it right now. He also said that they are considering recruiting other parties to accelerate its development from a commercial perspective.

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.