Kamis, 27 September 2018

Hetachain

About Hetachain
Blockchain Technology with its ability to facilitate peer to peer transactions without the need for a third-party intermediary can disrupt many existing centralised systems and applications, especially in the banking and financial service sector. Combined with the power of smart contracts, blockchain technology has the potential to change the dynamics of economies around the world. A genuinely decentralised eco-system would take the control away from a few self-serving entities and restore it back to the masses.
Blockchain technology is indeed an innovative innovation in how data is created, shared and edited. But despite that, blockchain technology is currently facing a critical problem about its performance. For this reason, Hetachain proposed to create the latest Blockchain network architecture that would be used very easily, more flexible for users and developers using the blockchain platform that has very high performance.
Cryptographic Algorithm Using ECDSA (Digital Elliptic Motion Sign Algorithm) with secp256k1 curve for public-private cryptography. The private key is a 256 bit random data.
The HETA address associated with this private key is the last 160 bits of the SHA3-256 (Keccak) hash of the public key
Challenges in Adoption
However, the pace of adoption of blockchain-driven solutions to solve real-world problems and replace the existing systems has been slow. The primary reason can be attributed to the scalability issue that plagues bitcoin, ethereum and other blockchains. Both bitcoin and ethereum blockchains experienced network congestion issues towards the end of last year. Slow transactions and exorbitantly high fee threatened to defeat the very purpose for which the technology was invented.Even decentralised applications (DAPPS) built on the currently existing blockchains tend to be bogged with performance issues, not giving users the comfort and ease of use which they are accustomed to. There is a need for a blockchain that is designed to provide the benefits of technology, and that also is scalable enough to handle the massive traffic of existing systems. Unless resolved fast, these issues will continue to hamper adoption by the masses.
Hetachain: The Solution
Hetachain intends to resolve the above-stated issues and create a high-performance blockchain which is scalable, facilitates easy, smart contract creation and easy to use by end users. This is achieved by coming up with a hybrid consensus mechanism that is based on the Delegated Proof of Stake (DPoS) and Byzantine Fault Tolerance (BFT). The intention is to create a blockchain that is scalable, has shorter block time and high throughput. With the Hetachain algorithm, a block is produced every 1 second and validated by a single masternode in the network.
HetaCoin: The cryptocurrency that fuels Hetachain.
The native cryptocurrency that fuels and drives the Hetachain and enables blockchain as a service, HetaCoin has multiple use-cases.
  • Usage fee paid by users or enterprises who intend to use Hetachain as a service
  • Transaction fee to be paid in HetaCoins
  • Rewards to be distributed in HetaCoins
Hetachain aspires to resolve the issues that currently plague the current blockchains and solutions whether that is scalability, privacy, security or throughput. With its cutting-edge architecture and design, it has the potential to emerge as the leader that can bridge the gap between the technology and people, and change the emerging landscape.
About Hetacoin - HETA
Hetacoin is a Hetachain internal crypto currency that is used on the Mainchain network. Hetacoin is used as a tool to pay usage fees using the Heta Blockchain service.
When a user makes a transaction exchanging coins or tokens that have been made by Heta, then he must pay for the pre-defined mount Hetacoib. Also called transaction costs. This mandatory fee makes Hetacoin have real value for the system. This can also prevent traders from flooding the network with unlimited microtransactions.
When a user participates in a consensus process or validation from the Mainchain and Private Chain, then he must be rewarded with certain Hetacoin. This is also referred to as Giving awards to users. For the level of consensus appreciation, it must depend on how much effort is spent by the participants in carrying out the process.
Roadmap
Q1 & Q2 2018
Designing HetaChain
Writting Whitepaper
Q2 & Q3 2018
Mainchain development
UI display blockchain data
Wallet demo
Hetachain ICO event
HetaChain ICO private sale
Q4 2018
HetaChain block explorer demo
Hetachain test net (test version)
HetaChain ICO public sale starting
Listing HETA token on exchange
Privatechain development
Q1 2019
Web portal release
Dapp development
Smart contract development
Wallet update (multi-Token)
HetaChain test net launch
Q2 2019
Prebuilt Dapp
Auto create Dapp
HETA fee calculation portal
HetaChain block explorer(update)
Hetachain mainnet (test version)
Q3 2019
Hetacoin
Hetachain mainnet launch
Team
0.png
1.png
Advisory Board
2.png
3.png
For more information, please visit :
Bitcointalk username: bakul banyu

5 komentar:

  1. The Xbox Live gift cards generator is 100% statutory and safe to use. Apple does not care if you simply redeem 1-2 small gift cards for an app or a game.

    BalasHapus
  2. Where did you find information about the positive site, this post? I just read some articles on your website, and I really like your style. Thank you for the millions and keep working effectively.and also found some interesting topic is psn codes free 2019

    BalasHapus
  3. Nice post i am inspired to your article. Your writing skill is very different, i like your posts. I share important related topic. For more detail visit The Best Google Home-Compatible Devices for 2020.

    BalasHapus
  4. This is a smart blog. I mean it. You have so much knowledge about this issue, and so much passion. You also know how to make people rally behind it, obviously from the responses. !And also found, valid credit card numbers

    BalasHapus
  5. Very useful article there is no doubt, I am A musician and having a site called voice recorder Which are very useful in music work if you what to see check the site Voice Recorder Voice recorder

    BalasHapus