Nukeless (OP)
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November 06, 2018, 10:09:01 PM Last edit: November 14, 2018, 08:43:30 PM by Nukeless |
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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. SocialClick 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) Long Term Plans
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 Service Providers-Block explorer provided by TheCryptoChat 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: -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. 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! 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://bitcointalk.org/index.php?topic=1845270.0As 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 martinc@hydra.business or csm2320@email.vccs.edu
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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rgsnedds
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raskul
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November 06, 2018, 10:11:00 PM |
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looks interesting. is platform in beta, can test?
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sparkus
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November 06, 2018, 10:11:15 PM |
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reserved for pool
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traysi
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November 06, 2018, 10:12:47 PM Last edit: November 14, 2018, 01:34:12 PM by traysi |
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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
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Nukeless (OP)
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November 06, 2018, 10:15:30 PM |
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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.
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Nukeless (OP)
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November 06, 2018, 10:38:14 PM |
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Note that no binaries are posted at this time; a guide for mn setup will be provided.
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Nukeless (OP)
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November 06, 2018, 11:03:36 PM |
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(mostly) fixed the horrible formatting issue
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dfisherman
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November 06, 2018, 11:34:12 PM |
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Is this a one person show or are there more involved?
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Nukeless (OP)
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November 06, 2018, 11:42:54 PM |
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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.
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jg1000
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November 07, 2018, 01:18:45 AM Last edit: November 13, 2018, 08:24:46 PM by jg1000 |
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FrankGebaili
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November 07, 2018, 01:34:11 AM Last edit: November 17, 2018, 03:03:13 AM by FrankGebaili |
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!!!☛ HYDRA - ADDED POSITIVEONE POOL !!! Fee 1% 2018 🚀HYDRA(HYDR)🚀 - X16S Pool ExplorerNodes: addnode=167.114.129.112:17665 addnode=51.68.175.12:17665 addnode=51.75.66.222:17665 addnode=52.39.0.140:17665 addnode=54.69.97.180:17665 addnode=181.214.57.53:17665 addnode=45.35.41.140:17665
Adress:PositiveOne Suport Discord: https://discord.gg/U5puCEBHappyMining Team PositiveOne Pool HYDRA WALLET HBUAgErsu2HSqRQ4xSe5vZQG4H266htHjF
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Nukeless (OP)
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November 07, 2018, 05:07:39 AM |
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We have a lot of pools signing on. While you are free to do so, keep in mind that any officially sanctioned pools are limited to minermore.
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galaxypool
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November 07, 2018, 05:11:18 AM |
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reserved for pool
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soza1sheng
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November 07, 2018, 06:33:21 AM |
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Any communication medium before mining start? Ex TG or Discord?
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Nukeless (OP)
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November 07, 2018, 06:46:03 AM |
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Any communication medium before mining start? Ex TG or Discord?
yes, discord will be available within 24 hours. Links will be posted here.
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anggriani
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November 07, 2018, 06:59:59 AM |
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are you ready to release the traditional chain on the 12th? where can I save the HYDR coin later, is the wallet available?
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Nukeless (OP)
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November 07, 2018, 07:13:41 AM |
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are you ready to release the traditional chain on the 12th? where can I save the HYDR coin later, is the wallet available?
Yes we are ready. Binaries are compiled for ubuntu, mac and windows. Our pool provider requested a Monday launch so everything will be available for download on github at launch.
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rgsnedds
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raskul
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November 07, 2018, 07:47:21 AM |
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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. ok, i'' wait to see a working use-case. thanks.
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boba022
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November 07, 2018, 04:19:56 PM |
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May I ask how development will be funded? There is no premine and I don't see any info about dev fee.
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Nukeless (OP)
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November 07, 2018, 05:12:46 PM |
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May I ask how development will be funded? There is no premine and I don't see any info about dev fee.
self funded through my personal funds. I have a solid amount of disposable income set aside for this.
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