Welcome

Introduction

Welcome to the Hydranet documentation!

Hydranet is a next-generation Web3 crypto Wallet integrating a unique Decentralized Exchange and Blockchain Bridge, designed for scalable everyday crypto trading and payments. By leveraging and combining advanced off-chain protocols such as the Lightning and Lithium Networks, Hydranet opens the door to a new world of decentralized finance. Enjoy lightning-fast payments, trading with zero network fees, and instant trade confirmations across multiple blockchains - all while maintaining complete control over your private keys. This is crypto as it should be! 

Hydranet operates on the Hydranet Network, an infrastructure upheld by two main network roles: Titans and Guardians. These roles maintain the stability and security of the network, enabling Hydranet users to leverage the power of off-chain trading and transactions. Both Titans and Guardians are powered by HDN token holders, who can earn substantial rewards for their contributions to the network. 

Hydranet is developed and continually enhanced by the Hydranet DAO, a decentralized autonomous organization committed to pushing the boundaries of what's possible in digital finance.  With Hydranet, you're not just a user, you're a pioneer. Join us on our journey and experience crypto as it should be!

If you are new to off-chain transactions and protocols such as the Lightning Network, we recommend reading the Off-chain explained section for a better understanding.

Feature

Hydranet stands out as a combination of essential functionality and advanced capabilities, making it a unique solution in the crypto space: 

  • Self-Custody: Retain complete control over your crypto private keys.
  • Multi-currency wallet: Manage a range of assets including Bitcoin, ERC20, and SOL with a single seed phrase.
  • Platform-independent: Access your wallet across all devices using your preferred browser.

Advanced capabilities:

  • Cross-Chain trading: Effortlessly trade any supported asset across multiple blockchain networks.
  • Blockchain bridging: Hydranet is one of the cheapest bridging solutions for transferring funds between blockchains.
  • Order book trading: Experience the enhanced flexibility of placing limit, market, and dynamic orders on an advanced, customizable order book.
  • No network fees: Enjoy cost-efficient trading without gas/network fees, all while maintaining full custody of your funds at all times.
  • SimpleSwap interface: Engage in a streamlined trading experience akin to popular on-chain DEX platforms.
  • Scalability: Trade without being affected by underlying blockchain congestions.
  • Off-chain payments: Pay for goods and services over Lightning (BTC) and Lithium (EVM) networks with ease.

Innovations

In addition to its unique capabilities, Hydranet offers a suite of innovations as a result of years of diligent research:

  • Lithium protocol: Hydranet’s off-chain protocol for Ethereum and other smart contract based blockchains.
  • Distributed trade confirmation: Trades are validated and executed by the trading peers themselves, bypassing centralized entities and boosting scalability.
  • Decentralized off-chain order book: An order book used for off-chain trading using state channels.
  • Browser Lightning nodes: Lightning network nodes running inside of any and all browsers, allowing users to connect to the Lightning network by just opening their preferred browser. 
  • External off-chain signer: Securely sign off-chain transactions and store sensitive data outside the off-chain node, similar to the functionality of, for instance, MetaMask and Ledger.

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