| General information | |
|---|---|
| Global rank: | 4163 |
| Name: |
HYDRA |
| Symbol: | HYDRA |
| Current coin price (PHP): | 381.06 ₱ |
| Last hour: | arrow_downward-0.210 % |
| Last 24 hours: | arrow_downward-2.11 % |
| Last 7 days: | -4.59 %trending_down |
| Capitalisation (PHP): | 0.000000 ₱ |
| Volume 24h (PHP): | 2 254 165.20 ₱ |
| Available supply: | 0.000000 HYDRA |
| Total coin supply: | -1 HYDRA |
| Start date: | 2020-11-26 |
HYDRA/Philippine Peso (HYDRA/PHP) price chart
HYDRA/Philippine Peso (HYDRA/PHP) capitalisation and volume charts
Hydra is a permissionless, open-source, proof-of-stake blockchain built on some of top of open-source technologies - QTUM, Bitcoin, Ethereum and BlackCoin’s PoV v3, designed by Pavel Vasin. It packs a unique combination of inflationary as well as deflationary mechanics as part of its economy that work in parallel and let the real adoption define its total supply.
Hydra provides 50% gas royalties to smart contract owners. Developers/Projects receive 50% of the transaction fees whenever their smart contract is executed by a user.
The Hydra blockchain achieves transactional cost predictability through a stable gas price protocol. The gas price is governed by coin holders through a decentralized voting mechanism and is always set in fiat. An oracle monitors the price of HYDRA on exchanges and adjusts the fee settings dynamically. The result is a fixed price per transaction in USD equivalent, irrespective of the HYDRA rate, thus giving network participants and real-world business applications the stability they need.