Hydranet is closed source to prevent thieves from copying code which took YEARS to build, makes perfect sense, besides their web-wallet/web-dex is browser based, similar to Metamask, so it's a completely plug'n play solution.
Also, once the masses finds that you can trade at 1% of the regular fees, people will obviously use the cheaper, AND faster alternative, so there's a good reason this project will be in direct competition to Uniswap.
When you can trade Bitcoin for Ethereum at close to 5-10 cents, instead of like $10, it gets interesting, and opens a lot of doors for trading, in a trustless evironment. It doesn't take a math genius to see the MASSIVE upside potential here.
Like i already said, you can't compare the fees when other one has fraction of the users, so your math doesn't apply in any way.Also, once the masses finds that you can trade at 1% of the regular fees, people will obviously use the cheaper, AND faster alternative, so there's a good reason this project will be in direct competition to Uniswap.
When you can trade Bitcoin for Ethereum at close to 5-10 cents, instead of like $10, it gets interesting, and opens a lot of doors for trading, in a trustless evironment. It doesn't take a math genius to see the MASSIVE upside potential here.
And you are using the oldest excuse. Best platforms in crypto will stay open source, because that's how any potential exploits get spotted and fixed faster. Some cryptocurrency developers are putting millions of dollars and countless hours in open source development, not just for their financial gains but to develop this field for everyone. This place ain't about patented software that you can build around to centralize everything.
Also metamask didn't need to have a token nor a blockchain when they were building it. It's a third party software for blockchains that already exist.