Hydra
Symbol: hydra
Last update: May 14, 2024, 3:19 pm CEST
Current Price (USD):
0,59 $
Price (BTC):
0,00001516 BTC
Hydra: A cryptocurrency project that aims to solve the "Total Supply Problem" by using a unique combination of inflationary and deflationary mechanics as part of its economy. It is an open-source Proof-of-Stake blockchain that allows for real adoption to define its total supply. Hydra is a decentralized network maintained by nodes around the globe, and it requires a significant amount of capital for a network attack.
: 0 $
Market Data
Rank: 1233
24h Volume: 141 928 $
Market Cap: 14 123 400 $
Total Supply: N/A
Circ. Supply: 0
Last update: 2024-05-14 15:19:05
Price Change (1h):
0.543261 %
Price Change (24h):
2.15739 %
Price Change (7d):
-15.0988 %
ATH Price: 51.99 $ (2021-04-03 22:52:07)
% from ATH: -98.5471 %
ATL Price: 0.312364 $ (2023-09-17 21:36:12)
% from ATL: 141.837 %
ICO Price: N/A (2023-11-25 16:19:45)
Hashing Algorithm: N/A
Type of Proof: N/A
Technical analysis according to the website Tradingview.com
News
Cardano is addressing issues of limited transaction speed through a new solution called Hydra. Hydra is a layer 2 solution that aims to increase transaction speed with low latency and high throughput while minimizing transaction costs. Hydra Head is the first protocol in the Hydra family, providing a foundation for advanced deployment scenarios based on isomorphic multiparty state channels. Each Hydra Head operates as an off-chain mini ledger shared among a small group of participants.