Hydra

$HYDRA

The top of the homepage claims that the project is solving the "total supply problem." OK, so what is the total supply problem?

One issue with this project is that they don't explain the total supply problem in any detail. It seems like they are referring to balancing the production of new coins to keep a fairly stable number of outstanding tokens. Well, I don't think that's really an issue. Trying to balance the supply and demand doesn't do anything positive for the token, in my opinion. It doesn't accomplish anything except making the code more complex.

In terms of use, the network currently only has 602 nodes, which makes it very fragile and not very popular. A large percentage of those nodes could also be run by insiders. I obviously don't know that for sure, but we have to entertain that possibility.

There are a few Dapps built on the platform, but they are mostly exchanges and there isn't a lot of proof that this platform works well.

Not something I'm going to get involved in. Show Less

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