Hydrogen Cryptocurrency (HYDRO) is an innovative blockchain which allows the seamless combination of both current and new personal units to utilize the transparent and immutable dynamics of a standard public blockchain. With it, they can effectively boost productivity to complete their everyday tasks.
It does so through streamlining the following processes:
- Identification administration.
- Document and software protection.
- Daily transactions.
The currency’s public blockchain enhances safety by employing public authentication modules as well as deploying “Raindrop,” a provider which facilitates transactions through contracts and publicly endorses personal method entry. What’s more, it can also be utilized in conjunction with private authentication methods.
Raindrop also offers more safety to users with sensitive financial data, enabling the protection of private information from third-party actors.
It is also worth mentioning that Hydro Raindrop’s actual implementation will be done in the Hydrogen API Platform.
Developers and enterprises receive the native APIs to create, explore and subsequently deploy sophisticated goods and technologies.
Overview of Hydrogen
Hydrogen makes products which can provide tangible positive aspects to financial service apps to leverage its select infrastructure.
Execution of this system has so far been done on the Ethereum system.
The Hydro blockchain is unique from other blockchain enterprises since it can exist independently and layer over existing or new methods, devoid of requiring systemic changes.
This firm allows approved businesses and institutions to plug into its APIs for immediate access of the native blockchain.
Its consumer interface is visually-oriented, therefore facilitating ease of use for professional and amateur blockchain clients alike.
The essential features of Hydro to its clients is Raindrop, its blockchain-based validation protocol. It is established on the exclusive Hydro public ledger and provides clients with an absolute protection layer which authenticates requests and ensures their origin is an accredited source.
Hydro helps utilize non-public authentication protocols (OAuth 2 for instance) to boost its everyday usability. Moreover, this platform integrates blockchain mechanics as an element of its validation system. With this, it offers an added safety layer and reduces the risk of data breaches.
Hydro, through the Raindrop authentication protocol, is ready to define a transaction that a user will then have to perform from a recognized wallet.
It is only through evaluating the wallet in query that a user can complete a legitimate transaction.
How It Works
The central Hydro authentication protocol needs four primary assemblies that include:
- Accessor: Any DApp facilitating the utilization of Hydrogen APIs in its central digital infrastructure or the agent that attempts to access the Technique.
- Technique: The getaway the accessor uses to make use of the native Hydrogen API.
- Hydro: The essential module utilized by the Technique in connecting and interfacing with the blockchain.
- Blockchain: This is the distributed public ledger which processes and expedites all interior (HYDRO) transactions. It comprises all interior contracts.
The most basic initialization starts with the registration process where clients need to attain relevant qualifications that will permit the Hydro protocol.
The program offers an Accessor (onboard) who registers a public deal with and consequently passes the registered address to Hydro. This registration only needs to manifest then.
After Initialization is complete, the primary authentication system begins. It is accomplished by the Accessor, usually obliged to request for Raindrop information from the Method.
A new Raindrop transaction is then generated by the platform that lays out detailed facts on the blockchain and then returns all total aspects to the Accessor through the process.
Validation is the final stage, in which the Accessor formally requests access to the Technique through the use of the recognized (predefined) mechanism.
The Hydro system interfaces quickly with pre-existing native smart contracts, verifies the authenticity of each transaction before responding with a false/true designation accordingly.
HYDRO is currently experiencing a significant client demand surge which is understandable considering its newness to the market.