Hi readers, I hope this meets you save and healthy as we get beyond the global pandemic.
The world has gone through several awesome projects related to crypto currency and the blockchain technology and believe me not everyone is aware of the influence of blockchain despite the dominance and adoption. Now come to think of it, we always have transactional deals one way or the other, either to pay for goods, or services, and we are aware that it can be hectic to some extents, and i believe you will have interests in doing it the blockchain way.
So does it bother you that your single chain is often prone to attacks? Or you over spend on transaction fees?
Are you often isolated when it concerns cross blockchain payments?
Are you willing to use a distributed platform to manage your transactions across different decentralized networks interest you?
In an attempt to suit crypto enthusiasts and fix index spamming or squatting on the blockchain, The Hybrix Multiple Ledger System is for you!
What is Hybrix Platform?
hybrix is a highly inclusive distributed platform network that manages digital forms of value transfer, interlinking other decentralized networks. It solves the problem of a currently fragmented ecosystem of solutions in digital ledger technologies and alternative economies. The hybrix network runs through a collection of decentralized nodes and puts a lot of power at your fingertips.
Hybrix platform is from the middle of The Netherlands, from Utrecht, where its dev group is one of the core local blockchain communities. And hybrix is really, a completely famous and revered crew. These young professionals are specialists in lots of spheres at the identical time in the blockchain world.
.jpg)
My friend, in a nutshell, Hybrix is a multi-blockchain platform that uses the characteristics of every character blockchain; Making Opportunity of Exchange by letting esteem circulate unreservedly over every particular report with the predominant pass-record token.
Hybrix Platform Overview
The Hybrix platform runs on a protocol; a protocol tagged hybrix second-level token protocol is a cross ledger colored coin, that makes sure transactions on the hybrix platform is technically borderless and not bound to a single ledger system. The protocol likewise can transact units of account on a single ledger, or over multiple ledgers on the same blockchain
Meanwhile, the colored coins briskly define methods types for representing and manageing assets on the bitcoin blockchain; the distributed digital ledger is the underlying infrastructure of the hybrix platform. The outcome of the technology on the platform gives;
- The hybrix wallet and protocol is designed to be easily accessible because it has a calm interface;
- The protocol cum ledger is not controlled by a centralized party;
- The Hybrix platform enables any user to transfer value or units of account between ledger systems across blockchains; or to any ledger system or blockchain that best suits your present needs be it ecosystem contributors like miners, stakeholders, node operators, and so forth.
- The Hybrix technology provides the possibility for users to issue tokens.
Fortunately for crypto traders, hybrix isn't always centered around getting them bankrupt presently. Organizer's key strategic to extend the reception of DLT via interoperability and helping designers paintings in the multi-stage biological system in which they are able to without a lot of a stretch switch among various statistics and executions.
Hybrix Token Review
The Hy token is the prime currency on the hybrix platform and it is realized on the hybrix protocol. The token will be used on the protocol for;
- Registration and renewal fees for new tokens issued on the hybrix protocol;
- The token will be used for settlement of fees/payments for network validators;
- The token will be utilized to also reward network validators for other tokens they issue on hybrix protocol.
Hybrix supports etherum, bitcoin, waves, litecoin, ripple and more projects.
Hybrix Block Explorer
The block explorer on the hybrix platform is where you get to track or monitor your hybrix wallet address or its transactional details, easy and convenient to use.
All you need is to choose the token type, then enter your wallet address or transaction ID to run a search on the explorer.
Remember that you need to use the hybrix wallet, to get a hybrix wallet address for sending, or receiving hy tokens, and also to share coins or units via the Multi-chain Transaction or to other blockchain through the Cross-ledger Transaction
LATEST UPDATES: The HY token is listed on BIKI Exchange platform
For further information about the hybrix Open Sources Blockchain Platform, do use the links below:
Website | Whitepaper | Discord | Twitter | Telegram | Wallet | Hybrix Block explorer
Author: Ampere
Link: https://bitcointalk.org/index.php?action=profile;u=111907