Minggu, 07 Oktober 2018

ABOUT HETACHAIN



What is HETACHAIN ?

Hetachain is a high performance  3rd generation blockchain built as an easy to use blockchain platform allowing the deployment of decentralized application. It is designed with a multichain system allowing for both private and public enterprises to leverage on the blockchain features thereby enabling a smarter and better society which is the next technological evolution of man dubbed the 4th Industrial Revolution.

Hetachain uses a hybrid consensus protocol (dPOS - BFT)  thus ensuring super tight security of the Hetachain Blockchain.


HETACHAIN ​​is a hybrid of a more effective dPOS (this claim focuses on the throughput of the blockchain when compared to POW and POS) and Byzantine Error Tolerance (BFT) is prepared to maximize system performance.

Since the beginning of Blockchain, the developer community has grappled with Scalability trilemma. HETACHAIN ​​comes with a variety of features that technically focus on easy use while also giving a decentralized developer community the ability to not only be able to implement smart contracts to run decentralized applications (dApps), it handles weaknesses inherent in its predecessor blockchain network in the field governance, system of throughput and mass adoption.



With the DPoS + BFT consensus hybrid algorithm, the agelong scalability trilemma being handled with HETACHAIN ​​encourages blockchain networks that are truly democratically managed because they also balance the system throughput.

A better version of the EOS network where only 21 supernodes were chosen to act as block producers which theoretically proved vulnerable to collusion among supernodes, HETACHAIN ​​was governed by a more decentralized system of 33 Masternodes programmed stochastically to have equal opportunities to fill and produce the next block in the chain. This ensures very high throughput while ensuring democratic decentralization in networks that has become the main condemnation of other networks trying to break the scalability trilemma.

Achieving mass adoption is only one step with HETACHAIN ​​because it builds ease of use with better network capabilities so as to enable industrial class calculations to run on its network.

HetaCoin - HETA

We introduce HetaCoin, an internal crypto-currency to use inside MainChain. HetaCoin is used by enterprise or user who using Heta Blockchain Service to pay "usage fee”.

We propose these ways of using HetaCoin.
When a user creates a transaction to exchange their coins or token made by Heta, he must pay a pre-defined a mount of HetaCoin. This is also called Transaction Fee. This mandatory fee is what makes HetaCoin has real value to the system. It also prevents merchants to flood the network with unlimited micro transactions.

When a user participates in the consensus or validation process of a PrivateChain or MainChain, he should be rewarded with a certain amount of HetaCoin. This is also called Endorsing Reward. The rate of consensus reward should depends on how much effort the participant spends in the process.

Hetachain: Solution

Hetachain intends to solve the above-mentioned problems and create a scalable, high-performance blockchain, facilitating easy and smart contracting and easy to use by end users. This was achieved by coming up with a hybrid consensus mechanism based on Delegated Proof of Stake (DPoS) and Byzantine Error Tolerance (BFT). The goal is to create a blockchain that can be scaled, has shorter block times and high throughput. With the Hetachain algorithm, a block is generated every 1 second and validated by one masternode in the network.HetaCoin: A cryptocurrency that is fueled by Hetachain.The original cryptocurrency that drives and drives Hetachain and allows blockchain as a service, HetaCoin has many use cases.

  • Usage fees are paid by users or companies who intend to use Hetachain as a service
  • Transaction fees must be paid in HetaCoins
  • Prizes will be distributed in HetaCoins
Hetachain aspires to solve the problems that are currently disrupting the current blockade and the solution whether it is scalability, privacy, security or throughput. With its latest architecture and design, it has the potential to emerge as a leader who can bridge the gap between technology and people, and change the landscape that emerges.

About Hetacoin - HETA


Hetacoin is an internal Hetachain crypto currency 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 to exchange coins or tokens that have been created by Heta, then he must pay for a predetermined Hetacoib mount. Also called transaction fees. 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 of the Main Chain and Personal Chain, then he must be rewarded with certain Hetacoin. This is also referred to as Giving appreciation to users. For the level of appreciation of consensus, 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 displays blockchain data
Demo wallet
Hetachain ICO event
HetaChain ICO personal sales

Q4 2018

HetaChain demo explorer block
Hetachain test net (test version)
Public HetaChain ICO sales began
Listing HETA tokens on exchanges
development of Privatechain

Q1 2019 Opening
web portal
Dapp Development Development
smart contract
Wallet update (multi-Token)
The launch of the HetaChain clean test

Q2 2019
Prebuilt Dapp
Auto makes Dapp
Heta portal cost calculation
block HetaChain explorer (update)
Mainnet hetachain (test version)

Launching
mainnet Q3 2019 Hetacoin Hetachain


Team

 
 

Advisory Board

 
 

 

For more information, please visit:

WEB SITE: https://www.heta.org
MEDIUM: https://medium.com/@hetachain_blog
REDDIT: https://www.reddit.com/user/hetachain
STEEMIT: https://steemit.com/@hetachain
BOUNTY: https://bitcointalk.org/index.php?topic=5032045.0
FACEBOOK: https://www.facebook.com/hetachain
TWITTER: https://twitter.com/hetachain
LINKEDIN: https: //www.linkedin .com / company / hetachain-network /


Bitcointalk User Name: redtrust

Bitcointalk URL: https://bitcointalk.org/index.php?action=profile;u=1726043;sa=summary

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