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Hydra is an iteration upon a well-known concept of state-channels, which typically take the form of dedicated communication protocol between 2 participants, advancing according to some rules. With Hydra, the channel can be multi-parties, isomorphic and comes with strong security.
Hydra is a permissionless, open-source, proof-of-stake blockchain built on some of top of the most proven open-source technologies - QTUM, Bitcoin, Ethereum and BlackCoin’s PoV v3, designed by Pavel Vasin. The philosophy behind Hydra is to implement critical economic features while utilizing proven technology for data transmission.
Hydra and it's 170-180% APY.what is it? - reddit
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Hydra is an open-source Proof-of-Stake blockchain with a unique set of economic features. It packs a unique combination of inflationary as well as deflationary mechanics as part of its economy that works in parallel and lets the real adoption define its total supply.
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It was renamed to HYDRA somewhere along the way. This is unfortunate because Hyrda (HYD) was another crypto from Internet of People (IOP) a while back that as far as I can tell is now defunct. Then you have the Hyrda network that Cardano is on. Again, no relation. Oof. It seems naming and marketing crypto is going to be more important than some .
Crypto Wojak 1: "Guys I got hacked. Lost $100 gazillion. My funds were on Metamask." Crypto Wojak 2: "Oh fuck Metamask ffs!!!" 10 hours later: Crypo Wojak 1: "Oh guys I totally forgot to say this but I clicked a Discord link and they asked me to validate my wallet for free NFTs so I put in my seed phrase and after that my funds were drained.
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Hail Hydra. I think it used to be 180% apy. I don't remember what they do (something about hotels, I think), but they've kept those returns high for a few months now and saw a lot of growth (maybe bc so many are staking it). Its chart looks really nice at the moment, but I guess many do today.
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What do we think of HYDRA? A scam or for the long run? - reddit
Hydra is coming : CryptoCurrency - reddit.com
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Have you heard about HYDRA? : CryptoCurrency - reddit.com
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Hydra Coin : CryptoCurrency - reddit
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HYDRA (Hydrachain) and Staking : CryptoCurrency - reddit
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Hydra Blockchain - HYDRA Documentation
r/CryptoGemDiscovery - #HydraSwap $HYS - reddit.com
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I've been soft staking HYDRA on Kucoin for 170-180% APY. Since doing so, HYDRA's price has increased greatly and I've got a very good return on investment already. I'm thinking of cashing out as I don't know if HYDRA is in it for the long run or if it's a shitcoin that's going to down massively soon.
To say the least - founder and the team have experience of creating hugely successful crypto projects; that support great cause and benefit its holders big time! ???? If you are new to BSC and missed Mind projects, well its better late than never. You should get on board and become part of this venture from the early stages!
Cardano's Hydra vs Ethereums Arbitrum : CryptoCurrency
Centralized crypto is somewhere between decentralized crypto and the traditional system, but it is the worst of both worlds. Centralized crypto is not immutable (transactions can be reversed, look at ETC), it's not trustless and it's not censorship resistant which are the most important benefits of a decentralized blockchain.
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