A REVIEW OF HYBRIX WALLET: #FIRST OF IT'S KIND WALLET.

in #open-source4 years ago (edited)

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REVIEW OF HYBRIX WALLET
HYBRIX is an OPEN-SOURCE, unrestricted block-chain platform that interconnects most ledger systems together, and facilitates trading transactions by the use of a single token that is useable and can seamlessly operate on all block-chains unrestrictedly, giving users a great deal of freedom and flexibility to transfer value within the Hybrix platform, and between all LEDGERS. This also allows users to switch from one ledger system or crypto currency system to another. In addition, it enables users to benefit from the peculiar features of each ledger system available on the platform.
Like other block-chain-based platforms, the HYBRIX platform requires the use of a token which will serve as its central operation tool, that will help facilitate the running of the platform.

The token of the Hybrix ecosystem is the Hybrix (utility) Token or the 'Hy'. Hybrix Token is a single token that facilitates borderless, unrestricted, de-centralized transactions between the numerous ledger systems interconnected within the Platform.

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The Hybrix wallet is like a Digital store, account or location in which HY tokens can be kept and utilized for transactions and transfer of value.

MORE ABOUT THE HYBRIX WALLET

USERS' PERSONAL WEB-HOSTING/CONTROL: With the Hybrix node or run feature, and a downloadable daemon, namely 'Hybrixd', users are enabled to host their personal Hybrix wallet, and own their digital bank, as well as have a multi-block-chain system at their disposal.
Interesting!

TYPES OF HYBRIX WALLET
Hybrix wallet comprises of two types:

  • Hybrix Web Wallet
  • Hybrix Command-line Wallet
  1. HYBRIX WEB WALLET
    Hybrix Web Wallet is built by the installation of a high-level hybrixd node. This wallet allows every user the ability of storing and managing their crypto-currencies in a totally De-centralized manner.

PRIVACY-ENABLING FEATURE
The web wallet ensures users' privacy through making sure that the it does not store any of their data, and yet effectively serve as a store and tokens/crypto-currencies management location.

OS (OPERATING SYSTEM) SUPPORTED
Web wallet supports the following OS and can be used on the wallet of any browser on any of them:

  • AndroidOS
  • MacOS
  • iOS
  • Windows

HOW TO START USING A WEB WALLET

  1. GENERATE A SAFE LOG-ON CREDENTIALS
    Go to the wallet website through this link: HYBRIX WALLET. Then, click on create account and follow the instructions.
    Note: never do this on a public, insecure WI-FI.

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  1. SAVE (WRITE DOWN) LOG-IN DETAILS IN A SAFE PLACE
    During account creation, you will be given a randomly generated log-in details which you will have to copy somewhere and securely store, or else, they can never be recovered by the site, since the site doesn't save even your log-in details or any of your data.

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  1. TRANSFER THE 1ST CRYPTO-CURRENCIES (COINS) TO YOUR WALLET.

To do this: Go to 'Assets' tab, then, choose 'Receive transactions'; take the remaining steps.
HOW TO CUSTOMIZE YOUR WALLET
After setting up the assets part and transferring your 1st tokens, you can go ahead and customize the wallet. In the top-right menu tab, you may:

  • Add contacts
  • Change your assets currency

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HYBRIX LISTED ON BIKI EXCHANGE!
The choice of listing exchange being BIKI for HYBRIX is a brilliant one. Biki exchange is a contemporary centralized cryptocurrency exchange which has its headquarters in Singapore.
Biki Exchange trades more than 150 different cryptocurrencies with over 250 trading pairs.

Ever since the launch of Biki exchange, it has remain one of the top centralized exchange with top notch security and transparency.

Biki aims to provide the most secured, most reliable and most effective cryptocurrency trading platform. Which has a major implementation of using a 100% of the transaction fees as buyback and burning mechanisms of the platform's native token, BIKI.

Hybrix token (HY) is currently listed on BIKI exchange with the $USDT trading pair. More pairs is soon to be added for HY token.Holders and traders of HY tokens can now securely trade their tokens on BIKI EXCHANGE

BROWSERS SUPPORTED BY THE WALLET INTERFACE
Latest versions of Firefox, Chrome or Safari

  1. COMMAND-LINE WALLET
    This works in a way very similar to how the web wallet works, but it:
    requires NodeJS (preferably NodeJS version 12)
    Supports or can run on the following OS:
    GNU/Linux
    Windows-Linix subsystem
    MacOS (Darwin)
    Requires the use of command prompts or lines for it's creation

BENEFITS OF USING HYBRIX WALLET

  • Simple and Easy to use
  • Secure and De-centralized
  • Non-profit and Open-source (no fees charged by the platform or its wallet)
  • Aims to permit and support all crypto-currencies

HOW MUCH DOES USING HYBRIX WALLET COST?

Hybrix platform, basically and generally, is not profit-oriented. They do not charge users any fees when you use this wallet. The only fees charged for transactions are network-imposed transaction fees. The individual network of the ledger technologies or crypto-currencies on the platform imposes fees for the transfer of their currencies. For example, Bitcoin network charges you for transacting using BTC. The same applies for tokens too when transferred on any ledger network.

SUPPORTED CRYPTO-ASSETS AND TOKENS
Hybrix supports 450 crypto assets; 309 Tokens on 32 block-chains.
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CONCLUSION

Conclusively, Hybrix's aim is to provide the interconnection of most of the ledger systems in the financial sector that we know of, so as to facilitate the safeguarding and expansion of our transaction freedom.
The Hybrix Token (HY) is the utility token of the platform and it can be in the Hybrix Wallet. Hybrix Wallet can either be Web wallets or Command-line wallet.
Interestingly enough, The wallet is designed to support both smartphones and PCs, on Android, Mac, Windows, GNU/Linux, and iOS. The wallet is highly secure and doesn't store users' data.
The wallet doesn't charge any fee for its use because the platform isn't profit oriented.

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USEFUL LINKS:

Hybrix Website
https://hybrix.io/

Hybrix Wallet: http://wallet.hybrix.io/

Twitter
https://twitter.com/hybrix_io

Discord
https://discord.gg/WbDfAWb

GitHub
https://github.com/hybrix-io

Telegram
https://t.me/hybrix_io

AUTHORSHIP

Bitcointalk Username: Asgard124
Bitcointalk Profile:
https://bitcointalk.org/index.php?action=profile;u=2366155;sa=summary