Topic: [Ann] HYDRA crypto loan platform CHAIN LAUNCHED! - page 5. (Read 2294 times)
There are a few more that will be handling the frontend of the smart contract interface. However that really won't come into play for some time. I am solely responsible for the standard blockchain as it stands right now.
Is this a one person show or are there more involved?
(mostly) fixed the horrible formatting issue
Note that no binaries are posted at this time; a guide for mn setup will be provided.
looks interesting. is platform in beta, can test?
No, beta phase for smart contracts and token shift won't likely come until sometime next year. We will enter the distribution phase on monday at 2pm est.
Hydra mining is at MinerMore.com
https://minermore.com/pool/HYDR/
miner -a x16s -o stratum+tcp://pool.minermore.com:4543 -u wallet.worker -p x
https://minermore.com/pool/HYDR/
miner -a x16s -o stratum+tcp://pool.minermore.com:4543 -u wallet.worker -p x
reserved for pool
looks interesting. is platform in beta, can test?
res
Traditional chain released!
Hydra source: https://github.com/nukeling/HydraSource
Wallets: https://github.com/nukeling/Hydra-Wallet-Releases
Chain is stalled. POW consensus error. I'm probably going to hard fork us. x16s has presented too many problems. To those that joined at launch, thank you. Your coins will be safe when we relaunch. But I really need to take some time to fix the issue. We won't be back for a few weeks likely.
Hydra source: https://github.com/nukeling/HydraSource
Wallets: https://github.com/nukeling/Hydra-Wallet-Releases
Chain is stalled. POW consensus error. I'm probably going to hard fork us. x16s has presented too many problems. To those that joined at launch, thank you. Your coins will be safe when we relaunch. But I really need to take some time to fix the issue. We won't be back for a few weeks likely.
Existing as a dual blockchain solution investment platform, Hydra enables crypto loans without excessive risk to investors or
borrowers. It is the first project to allow for loans without an equivalent level of collateral. Project rollout exists in 3 stages:
1. Standard POW/MN blockchain released for initial distribution. Short life span of only a few years.
2. Ethereum token equivalent released with smart contract capabilities. Trading from traditional blockchain to token allowed on a 1:1 basis. Conversions are 1 way only.
3. Standard blockchain is retired as rewards are depleted. Conversions will still be allowed for holders who neglect to switch to the token form, but no new coins will be mined. Initiative mining via smart contract becomes the only way to generate new coins.
borrowers. It is the first project to allow for loans without an equivalent level of collateral. Project rollout exists in 3 stages:
1. Standard POW/MN blockchain released for initial distribution. Short life span of only a few years.
2. Ethereum token equivalent released with smart contract capabilities. Trading from traditional blockchain to token allowed on a 1:1 basis. Conversions are 1 way only.
3. Standard blockchain is retired as rewards are depleted. Conversions will still be allowed for holders who neglect to switch to the token form, but no new coins will be mined. Initiative mining via smart contract becomes the only way to generate new coins.
Visit our website at http://www.hydra.business/
Social
Click to join our Discord!
Click to join our Discord!
Short Term Goals
1.Mobile Wallet
2.Exchange Listing
yobit listing will be paid for approx. 25 Nov (650 USD incurred cost)
1.Mobile Wallet
2.Exchange Listing
yobit listing will be paid for approx. 25 Nov (650 USD incurred cost)
Long Term Plans
1.Traditional blockchain launch
2.Blockchain to token 1 way conversion (1:1 ratio)
3.Retirement of mined out traditional blockchain
1.Traditional blockchain launch
2.Blockchain to token 1 way conversion (1:1 ratio)
3.Retirement of mined out traditional blockchain
Specifications
-X16S Algorithm (easier on GPU's than X16R)
-approx. 52 million coins maximum supply
-200 coin reward per block
-first 250 blocks contain 0 reward to allow for fair launch
-no premine
-2 minute block time
-rewards halve after every 130,000 blocks (approx. 6 months)
-5,000 coin collateral required for masternode
-masternodes pay at 10% of blockchain reward
-normal port:17665
-rpc port:17542
-26 million coins mined after 6mo, 39 million (total) after 1 year
-ticker is HYDR
-X16S Algorithm (easier on GPU's than X16R)
-approx. 52 million coins maximum supply
-200 coin reward per block
-first 250 blocks contain 0 reward to allow for fair launch
-no premine
-2 minute block time
-rewards halve after every 130,000 blocks (approx. 6 months)
-5,000 coin collateral required for masternode
-masternodes pay at 10% of blockchain reward
-normal port:17665
-rpc port:17542
-26 million coins mined after 6mo, 39 million (total) after 1 year
-ticker is HYDR
Service Providers
-Block explorer provided by TheCryptoChat
-Block explorer provided by TheCryptoChat
-Community explorers:
https://hydra.signal2noi.se/ (Use this for now!)
https://hydra.signal2noi.se/ (Use this for now!)
Avoiding past pitfalls
We have a few personal rules that will not be broken during this development
process. Most of these stem from lessons learned from previous work:
We have a few personal rules that will not be broken during this development
process. Most of these stem from lessons learned from previous work:
-Everything will be self funded. Any exchange listings, promotions or otherwise will be paid for using our personal funds
-There will be no fundraising of any kind, ever. We will not hold on to any member's funds regardless of the situation.
-Donations will not be accepted or asked for. We value being able to develop independent of outside pressure and expectations.
-There will be no fundraising of any kind, ever. We will not hold on to any member's funds regardless of the situation.
-Donations will not be accepted or asked for. We value being able to develop independent of outside pressure and expectations.
Smart contract loan concept
A detailed explanation of how the token loan system will work can be found at http://www.hydra.business/
We are taking a real world approach to getting the word out! I just
received 1,000 business cards that will be distributed to the DC/Metro area!
received 1,000 business cards that will be distributed to the DC/Metro area!
A word about previous projects. Many of you may remember me from the wyvern coin project. While restitution has been made, it is still important that community
members understand exactly what happened during that time and why. Further information can be obtained here: https://bitcointalksearch.org/topic/ann-wyvern-what-happened-and-why-a-message-from-the-original-dev-1845270
As a full time student using my GI Bill, I am afforded stable income that will be used for further development. These funds will be used for exchange listings and further
coin enhancements as we progress towards a functional smart contract loan system. Official contact email is [email protected] or [email protected]
members understand exactly what happened during that time and why. Further information can be obtained here: https://bitcointalksearch.org/topic/ann-wyvern-what-happened-and-why-a-message-from-the-original-dev-1845270
As a full time student using my GI Bill, I am afforded stable income that will be used for further development. These funds will be used for exchange listings and further
coin enhancements as we progress towards a functional smart contract loan system. Official contact email is [email protected] or [email protected]
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