Cardano has processed more than 134,000 transactions per second (tps), marking a major milestone in the platform’s development. Charles Hoskinson, CEO of Input Output Global (IOG), shared his excitement on X, saying: “Not bad Cardano. #HailHydra,” next to a screenshot showing 134,464 tps.
Not bad Cardano. #HailHydra pic.twitter.com/eizTRjc9Ii
— Charles Hoskinson (@IOHK_Charles) December 3, 2024
When a user on the testnet asked if this feat had been achieved, Hoskinson clarified that it was “Hydra Doom,” explaining that “every frame of the game is a transaction. When people play, that’s the output.” This increase in transactions is directly related to the current $100,000 Hydra Doom Tournament organized by Input Output, which started today.
Cardano is hosting a $100,000 Doom tournament
By December 2, during a pre-event test, Cardano had already reached 28,500 tps. Hoskinson had alluded to the capacity of the network by noting that “Cardano is running some BIG loads at the moment.” The Hydra Doom Tournament serves as both a competitive gaming platform and a live demonstration of Cardano’s Layer 2 scalability solution, Hydra.
According to Input Output’s announcementthe tournament aims to “unite thousands of players around the world in a competitive showcase of gaming classic Doom running on the Cardano blockchain, powered by the breakthrough scaling solution Hydra.” Participants compete against AI bots designed to… Hydra Protocol to new frontiers of throughput and speed, highlighting the protocol’s incredible performance and security.
Notable figures from the gaming and entertainment industry will participate in the event, including Twitch creator PotasticP, multi-platinum hip-hop artist MIMS – known for the hit song ‘This Is Why I’m Hot’ – former DOOM 3 champion and Esports Hall of Famer Fatal1ty, and actor Chris Pang, known for ‘Crazy Rich Asians’. Esteemed esports personalities Dgon and Raynday are organizing the event.
Highlighting the tournament’s mix of innovation and competition, Hoskinson said they are “delighted to host the Hydra Doom tournament, bringing together players from around the world for an unforgettable showdown.” He emphasized that this event “is not just about the thrill of the competition or the substantial cash prize for the winners; it is a rare opportunity to be part of something historic.”
Hoskinson further explained: “With the power of Hydra, we are pushing gaming to new limits, with the aim of reaching one million transactions per second, and paving the way for the future of high-speed, blockchain-enabled gaming. We invite players from all over the world to join us, test their skills and take part in a groundbreaking moment for both gaming and technology.”
The tournament features global online qualifiers, allowing players to enter in two hours today to compete for a share of the $100,000 prize pool. The best players from the online tournament will advance to the finals in Las Vegas in January 2025, where they will compete live in a professional esports arena.
Hydra is from Cardano Layer 2 scalability solutiondeveloped based on peer-reviewed research. Designed to deliver high transaction speeds, instant finality, and minimal fees, Hydra aims to pave the way for the mass adoption of Cardano.
At the time of writing, ADA was trading at $1.1958.
Featured image from YouTube, chart from TradingView.com