The new offering is expected to provide a near-instant settlement on Cardano L2.
Testing of the protocol for Android was performed in May as per the latest update.
There will soon be a new decentralized payment system, powered by Cardano’s layer-2 solution Hydra Head and compatible with the Web3.0 wallets on the network, according to a recent update released on Twitter by the renowned ADA Whale.
The ADA Whale update states that the service to settle future payments is named Hydra Pay, and it is expected to provide a near-instant settlement on Cardano L2.
Ideal Choice for Micropayments
Moreover, independent developers are working on the Hydra Pay service, with the most recent update revealing that testing of the protocol for Android was performed in May. The underlying protocols of the Hydra Pay service, Cardano and Hydra, are said to have several advantages.
Furthermore, Cardano, being one of the most flexible layer-1 blockchain protocols, offers high levels of security in all areas.
We współpracy z: https://thenewscrypto.com/blockchain-news-cardanos-new-decentralized-payment-system-launch-likely-soon/
