Cardano Founder Addresses Scaling Rumors While ADA Hits Nearly 6% Price Surge!

• Charles Hoskinson emphasized that the network’s strength is handling complex transactions, not high TPS.
• Hydra, Cardano’s layer-2 scaling solution, is evolving towards middleware to reduce mainnet load.
• Hoskinson urges the Cardano community to combat misinformation and highlights project principles.

Cardano founder Charles Hoskinson recently took to the stage to dispel rumors surrounding the scalability of the Cardano blockchain. As ADA experienced a significant 5.80% price surge in the past week, Hoskinson provided valuable insights into the network’s capabilities.

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One key takeaway from Hoskinson’s address was the emphasis on Cardano’s strength in handling complex transactions rather than traditional transactions-per-second (TPS) metrics. 

He explained that Cardano’s transactions are distinct from many other blockchains, with a single transaction often encompassing numerous outputs. These outputs can represent intricate elements such as scripts and proofs, making Cardano particularly suited for NFT drops, DEX transactions, oracle transactions, DJED transactions, and complex smart contracts.

Hoskinson also shed light on the evolution of Hydra, Cardano’s layer-2 scaling solution. Instead of chasing high TPS, Hydra is now focused on middleware development. This shift aims to reduce the mainnet’s load by delegating complex logic handling to a separate network tailored for batching, voting, and event-driven programming. This approach ensures that Cardano can continue to provide a seamless experience for application developers.

In addition to addressing the technical aspects, Hoskinson called upon the Cardano community to combat misinformation. He stressed the importance of discernment and the need to correct false narratives promptly. According to Hoskinson, countering falsehoods takes significantly more effort than spreading them, emphasizing the community’s role in preserving Cardano’s integrity.

As ADA’s price surged by nearly 6% within the past week and 1.48% in the past 24 hours, it’s clear that investors and enthusiasts are closely following Cardano’s progress.

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