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Author Topic: HYDRO Raindrop is killer of two-factor authentication  (Read 112 times)
andkyd (OP)
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May 13, 2018, 08:35:50 AM
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According to information from the website of coinmarketcap (https://coinmarketcap.com/currencies/hydrogen/#charts), the price of the HYDRO token since its entry into the stock exchanges (May 4) has grown more than fivefold. Of these, in the last 3 days (against the background of a decrease in the price of bitcoin and all altos) three times. So what is this project, what is the reason for its success?
 
https://a.radikal.ru/a11/1805/2b/eabc8f1d8176t.jpg

Hydrogen was founded to change this, exposing its light, modular, global REST APIs to firms small and large, with the goal of helping to digitize the world financial system.

First phase of Project Hydro is called Raindrop. Raindrop is multi-factor authentication. It allows for platforms to secure access to their systems on the blockchain, and also secure user access and interactions to private actions (logging in, payments, account creation, etc).Within Raindrop, Hydro has created two separate authentication services — one for the client-side and one for the system-side.
Difference between the two: https://medium.com/hydrogen-api/a-tale-of-two-raindrops-11426b0d818c

A few days ago, the developers held AMAfor their community. Questions could be asked  on Reddit , the answers to the best of them were given on Medium: https://medium.com/hydrogen-api/hydro-ama-recap-dfab076025d4

HYDRO officially launch the Hydro Community Development Program (https://medium.com/hydrogen-api/introducing-the-hydro-community-development-program-d774909c67b8)
The Hydro Community Development Program is designed to go above and beyond typical bounty initiatives, offering a variety of ways for community members to contribute to the ongoing growth and vibrance of the Hydro technology ecosystem.
In total, the program accounts for a maximum of 10% of the total supply of HYDRO over the lifetime of the ecosystem. Allocations for successful contributions are given under one of the eight categories shown below. Each category has a dedicated portion of the HCDP supply based on its impact, scope, and difficulty.

https://d.radikal.ru/d30/1805/b6/d239a0b5b866t.jpg

Some more interesting information:
How do HYDRO tokens work within the greater Hydrogen ecosystem? https://medium.com/hydrogen-api/examining-hydro-token-dynamics-da68979cfc92
You can get more information about the distribution of HYDRO here: https://medium.com/hydrogen-api/understanding-the-hydro-token-distribution-f639a4a6a64a

How do you think, if the developers implement all that has been conceived, we should expect the price of HYDRO $ 0.1 per token by the end of the year.
Thank you. I would be glad if my information was useful to you. I'm sure it's not too late to invest in HYDRO.

Information collected from official pages of Hydrogen:
Official site: https://www.hydrogenplatform.com/hydro
Twitter: https://twitter.com/HydrogenAPI
Medium: https://medium.com/@hydrogenapi
Reddit: https://www.reddit.com/r/ProjectHydro/
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May 13, 2018, 11:21:36 AM
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Interestingly, the topic of bounty and airdrops collect hundreds of posts. In this case, the information is repeated from the topic to the topic. And there is no one who wants to discuss a new direction in the authentication system.
The Raindrop authentication process involves 4 entities: an Accessor trying to gain access, a System that denies or grants access, the Hydro module (off-chain), and a Hydro smart contract (on-chain). An example of a System is a REST API, while an example of an Accessor is an API developer. The diagram below depicts how these entities interact during part of the process.
https://a.radikal.ru/a37/1805/a7/638cb6345722t.jpg
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