HetaChain – trendy third generation Blockchain platform
Hetachain is a development, high-performance blockchain 3.0 that is built with industrial scale computing capabilities that continuously allows users to deploy decentralized applications without censorship, fraud, downtime, or third party costs. It’s loaded with the ability to operate commercially fully focused on delivering the world into the next 4.0 Industrial Revolution.
To communicate between the personal chain and the main chain of the Heta blockchain system, we provide a Bridge Protocol that is geared to help personal chains collect their data into the main chain for validation. Actually, each personal chain must pay a usage fee (via HETA coin) when using. The private chain will pay a number of HETA coins to issue the transaction. This cost can be configured depending on usage volume.
We introduce HetaCoin, an internal crypto currency for use in MainChain. HetaCoin is used by companies or users who use the Heta Blockchain Service to pay “usage fees”.
We propose ways to use HetaCoin.When a user makes a transaction to exchange coins or tokens made by Heta, he must pay for the pre-determined Mountain HetaCoin, this is also called Transaction Fee, this mandatory fee makes HetaCoin have real value on the system, also prevents traders from flooding the network with micro transactions infinite.
We propose ways to use HetaCoin.When a user makes a transaction to exchange coins or tokens made by Heta, he must pay for the pre-determined Mountain HetaCoin, this is also called Transaction Fee, this mandatory fee makes HetaCoin have real value on the system, also prevents traders from flooding the network with micro transactions infinite.
When a user participates in a consensus process or validation from PrivateChain or MainChain, he must be rewarded with a certain amount of HetaCoin. This is also called Award Giving. The level of consensus award must depend on how much effort participants spend in the process.
there are 4 functions of the Multichain Platform
HetaChain has the capacity to process thousands of commercial-scale Dapps transactions in inter-block chain communications
HetaChain runs a safe and efficient consensus protocol using the DPoS and BFT hybrid consensus algorithms. In this way, HetaChain is guaranteed against various cyber attacks and other dangerous threats that have pushed decentralized data storage and sharing systems that are very important in the usual technological space.
HetaChain flexibility is achieved through the ability to freeze and repair damaged applications with general role-based permissions
HetaChain’s unique technology allows fast transaction approval (TPS) without the risk of downtime. This was built to meet the high throughput needs which is one of the commercial attributes of a new generation network that overcomes the shortcomings of other blockchain.
Hetachain: The solution
Hetachain intends to solve the problems mentioned above and make high-performance blockchain scalable, 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 that 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.
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 rewards 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
Wallet demo
Hetachain ICO program
HetaChain ICO personal sales
Q4 2018
HetaChain block explorer demo
Hetachain test net (trial version)
HetaChain ICO public sales begin
Include HETA tokens in exchange
Development of privatechain
Q1 2019
Release web portal
Dapp Development
Smart contract development
Wallet update (multi-Token)
The launch of the HetaChain clean test
Q2 2019
Prebuilt Dapp
Create automatic Dapp
HETA cost calculation portal
HetaChain block explorer (update)
Mainnet hetachain (test version)
Q3 2019
Hetacoin
Launch of the Hetachain mainnet
Team
For more information, please visit:
WEBSITE: https://www.heta.org
STEEMIT: https://steemit.com/@hetachain
FACEBOOK: https://www.facebook.com/hetachain
TWITTER: https://twitter.com/hetachain
AUTHOR: Erikay
My Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile ; u = 1992165
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