Charles Hoskinson: “Hydra is a necessity as Cardano is going to get enormous traffic”

In the latest AMA session, Charles Hoskinson, the chief executive of the IOHK team addressed the same. Although, this time coming live from Ethiopia rather than “warm sunny” Colorado. Firstly, Hoskinson shed light on the new ERC-20 Cardano converter bridge that went live on September 12th.

This is an important bridge connecting users outside the Cardano sphere.  For example, Ethereum-based token users will be able to enjoy the benefits of Cardano’s transaction capacity and lower fees. The first token migrating to Cardano upon launch is SingularityNET.

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