Cardano Now More Scalable Than Visa With Ouroboros Hydra Upgrade

written by

Support free journalists: > send a tip

  • New off-chain Cardano scalability solution can theoretically handle 1 million transactions per second

Cardano has launched Ouroboros Hydra, which is an off-chain scalability protocol that has been in development for 5 years. This protocol drastically increases scalability and transaction speed while simultaneously using very little on-chain or node storage.

Each user who connects to Ouroboros Hydra generates 10 throughput lanes for data and transactions, so the network gets faster and more scalable with increasing users. If just 100 people join the network, which creates 1,000 throughput lanes, the protocol will be able to handle 1 million transactions per second, which is a far greater capacity than the biggest fiat payment networks like MasterCard and Visa.

Ultimately, the only limiting factor is the network connection between participants, and not the protocol itself.

Overall, this is perhaps one of the first examples of blockchain technology exceeding the capabilities of major payment networks like Visa, and it could be a sign that blockchain technology will one day underpin the entire global financial system. is committed to unbiased news and upholding journalistic codes of ethics. For more information please read our Editorial Policy here.

Follow on Twitter: @bitcoinnewscom
Telegram Alerts from

Image Courtesy: Pixabay

Help spread this article :) is NOT INVESTMENT ADVICE

Opinions expressed are entirely their own and do not necessarily reflect those of

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of 


Read More Bitcoin News


Join our Newsletter


Latest on Bitcoin News

Video of the Week

Join our Newsletter