Hydro and Plasma

There are some companies, such as OmiseGo, that are working diligently to make Plasma transactions a reality. How does this relate to Hydrogen and the Hydro ecosystem? Put simply, if we are to have millions of users interacting with thousands of decentralized applications (dApps), there needs to be proper plumbing in place to make the user experience enjoyable. Plasma gives us this opportunity. Let’s take a look at a potential workflow for Plasma:

The workflow above is pretty simple, and is made possible because of the revolutionary Snowflake identity framework that Andy, Noah, Anurag, and the Hydro product team have built. HYDRO exits a user’s snowflake via an Ethereum transaction, transfers to a Plasma channel through which multiple transfers can occur (similar to opening an account), and when the user wants to ‘exit’ or close the account, another transaction occurs.

This workflow will allow users of the Hydro app to interact with dApps that are in the Hydro dApp store, with near instant payments and subscriptions. We will have some more exciting product sneak peaks during Hydro Blocktoberfest that take this to an even higher level.