Last updated 4 weeks ago
Hydra is a Layer 2 solution, thus transactions are happening inside as in regular L2s like Arbitrum and others. Hydra node offers a CLI output, which is not easily readable and explorable for everyone
This is the total amount allocated to Open-source Hydra Head L2 Web based Explorer and API.
1/5
Additional Hydra Research
Cost: ₳ 40,000
Delivery: Month 1 - Sep 2024
2/5
API development
Cost: ₳ 54,000
Delivery: Month 2 - Oct 2024
3/5
Explorer Web App development
Cost: ₳ 50,000
Delivery: Month 3 - Nov 2024
4/5
Documentation
Cost: ₳ 9,000
Delivery: Month 4 - Dec 2024
5/5
Final Project Completion Report and Video
Cost: ₳ 27,000
Delivery: Month 5 - Jan 2025
NB: Monthly reporting was deprecated from January 2024 and replaced fully by the Milestones Program framework. Learn more here
We propose a web-interface with API showing the ledger state, transactions and more. Developers will not need to parse the text output, but will be able to see the data in a Web UI or using API calls.
No dependencies
The Hydra Head L2 Web Explorer will be in an open-source GitHub repository making it freely accessible to all developers.
Type of license: MIT
Our proposed solution addresses the issue of limited user-friendliness in monitoring the Hydra Head’s inner state and its transactions. Currently, developers using Hydra have to rely on a CLI output when connecting to a Hydra node via WebSocket, which may be harder to read and more complicated to understand.
What makes the proposed solution unique is its simple usage and readability. The solution offers an opportunity to reduce the entry barrier for leveraging Cardano's Hydra Heads solution. By simplifying the onboarding process and streamlining the development environment, we empower a broader spectrum of developers to harness the potential of Hydra Heads. The increased utilization of Hydra Heads on the L1 network enhances scalability and amplifies its visibility and credibility within the blockchain community.
We’ll approach this problem by creating an open-source light-weight Web Explorer that Hydra node hosts can run alongside their node. This Web Explorer lists all the necessary data related to the Hydra node it is connected to, like carried-out transactions inside the head, parties involved, balances, network metrics, and more in an easily readable conventional format normalized in blockchain explorers. This makes it easier to visualize what is happening inside a Hydra Head, thus making it easier to debug your dApp leveraging Hydra and work with Hydra overall. We also propose including API endpoints, for programmatic access to the explorer data.
The primary beneficiaries of this project are dApp developers wanting to leverage Cardano's Hydra Heads. Developers will be able to run this tool effortlessly, without a complex setup to harness the power of Hydra 🐉. Users will benefit from the more widespread use of scalability solutions on Cardano, moving some transactions to L2. Also, users interacting with projects using L2 may save on transaction fees when making many transactions, given the Hydra operators can set transaction fees to zero inside the Head.
Our impact will be demonstrated through the explorer's adoption and positive feedback from the Cardano community. We plan to track metrics related to the tool's usage, like the number of repository visitors, stars, and most importantly feedback from developers.
The positive impact of our project on the Cardano community will manifest through the increased accessibility to develop on Hydra and potentially increase the utilization of such scalability solutions, lowering the strain on the Cardano L1.
Value to the Cardano Community:
Measuring Impact:
Sharing Outputs and Opportunities:
By adopting these strategies, our project aims to deliver tangible benefits to the Cardano community, ensuring our outputs are effectively utilized and contribute positively to the ecosystem's growth.
As WingRiders, we have a track-proven record of developing within the Cardano ecosystem. Over the years we’ve shown to be at the forefront of technological advancements when it comes to DEXes and Cardano in general. We were the first ones to bring support for Stableswaps, have a fully on-chain DAO governance, and recently launched the first trustless non-custodial launchpad. Created a lot of open source tooling and continues to push the edge of what is possible with the Cardano chain evolving. Regarding fund management, we adhere to rigorous protocols ensuring robust financial stewardship and accountability. Our practices encompass the maintenance of transparent financial records, periodic internal audits, and strict compliance with financial reporting standards. We understand the imperative nature of prudent fund management and commit to upholding the highest standards of fiscal responsibility throughout the project's lifecycle.
As an evidence, we have 2 Catalyst proposals from F10 and F11 in progress. Both are being delivered according to the milestone schedule and budget , with Proof of Achievement submitted and approved for all completed milestones.
Additional Hydra Research
API development
Explorer Web App development
Documentation
Final Project Completion Report and Video
WingRiders engineering team is composed of experienced professionals in blockchain technology and software development. Our team members stand behind projects like Adalite, Yoroi wallet, Emurgo’s first blockchain explorer/indexer, firmware for hardware wallets Trezor and Ledger (bringing them to Cardano), and a whole plethora of FinTech products.
Having done significant innovation explorations on Hydra we are excited to deliver this for other developers to join or just explore the power of hydra far easier than we had to chew through.
Milestone 1: Additional Hydra Research
Milestone 2: API development
Milestone 3: Explorer Web App development
Milestone 4: Documentation
Final Milestone: Documentation and Release Preparation, Final Project Completion Report and Video
The cost of the project is carefully calculated to ensure value for money for the Cardano ecosystem, considering the significant benefits it brings in terms of accessibility, ease of use, and developer experience across the Hydra Head ecosystem. Here’s how we justify the cost:
By balancing these costs with the projected benefits, the project promises not only to enhance the developer experience with Hydra, but also to promote broader adoption and development. The allocation of funds is structured to maximize return on investment through increased developer satisfaction and participation, making it a worthwhile expenditure for the Cardano community.