Review on Hydro Protocol by francis fernandez
Hydro Protocol: Ethereum technology to access financial services
Hydro Protocol is the digital asset that allows the use of a blockchain platform to perform multiple functions aimed at providing technological solutions and financial services to its users.
Token:
The platform uses the ERC-20 type HOT token because it operates on the Ethereum network.
Utilities:
• Allows cryptors to develop asset market platforms without third party control through the Hydro chain SDK protocol.
• Allows the incorporation of centralized exchanges to their network.
• It allows to use smart contracts to create diverse chains
• Allows cryptors to save time in the development of decentralized exchange projects Technology:
The chain has the Hydro SDK system in its infrastructure that, in coordination with smart contract technology, provides the network with the necessary tools to be a multifunctional, secure, interoperable and fast ecosystem.
Pros
- Offers speed in transactions
- It allows to design exchange platforms quickly
- Offers compatibility with multiple platforms
Cons
- Unstable value of the coin
