Cardano Scaling Plans For 2022 As Total Projects Cross +200.

Cardano Scaling Plans For 2022 As Total Projects Cross +200.

2022-01-16 | Daniel Smith

Cardano Scaling Plans For 2022 As Total Projects Cross +200.

Tim Harrison, IOHK Communications Director, lately informed the Cardano ecosystem of a mid-month upgrade. The upgrade addresses scaling plans for 2022 as well as the development of fresh projects on the Cardano network. The tweet included a graphic of the 199 projects presently being built on the ADA network.

Charles Hoskinson, co-creator of Cardano as well as CEO of IOHK, retweeted the tweet and afterwards questioned, "Who wishes to be Project 200?"

As earlier revealed in the latter days of December that Charles Hoskinson stated that around 175 projects were being built on Cardano at the time, with approximately 11 projects set to debut by the conclusion of Q1, 2022.

This number has currently risen to 199, with approximately 17 projects set to open by the conclusion of April 2022 at the very latest.

Cardano's Layer 2 scaling solution, Hydra

In September 2021, the Alonzo hard fork became active, allowing the deployment of smart contracts, decentralized applications (DApps), as well as other programs on the Cardano blockchain.

Another of the benefits of the Alonzo hard fork is Hydra, a key Layer 2 solution for increasing Cardano's scalability by layering a novel protocol atop the old Layer 1 blockchain.

This occurs as Cardano attempts to address scaling issues encountered in achieving the bandwidth necessary to enable practical use cases, notably when factoring network costs, combating flooding assaults (DDoS), as well as coping with caching.

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