110
edits
Difference between revisions of "Hydra Chain"
no edit summary
| Line 12: | Line 12: | ||
===Transaction Fees=== | ===Transaction Fees=== | ||
Fixed Transaction Fees & 100% Burn | Fixed Transaction Fees & 100% Burn | ||
[[File:Fixed-fees.webp|alt=Fixed Transaction Fees|thumb|Fixed Transaction Fees]] | |||
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. | 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. | ||