HETACHAIN - Maximizing System Performance

dakokjuju (26)in #hetachain • 6 years ago

Welcome to my friends for this exciting new Project today and let's see their great idea:

The new horizon and phase into the blockchain era, Blockchain 3.0. HETACHAIN was established, positioned as easy to use, flexible for users, developers (easy to make smart contracts), and high-performance blockchain platforms. A blockchain built with enterprise-level applications in mind.

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

With the DPoS + BFT hybrid consensus algorithm, the trilemma of agelong scalability is handled with HETACHAIN pushing the blockchain network that is truly managed democratically because they also balance system throughput.

A better version of the EOS network where only 21 supernodes were chosen to act as block manufacturers that theoretically proved vulnerable to collusion among supernodes, HETACHAIN is 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 the network which has become the main curse of other networks that try to break the trilemma of scalability.

Achieving mass adoption is only one step with HETACHAIN because it builds ease of use with better network capabilities so as to enable calculation of industrial classes running on its network.

[HetaCoin - HETA]
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 a pre-defined mount of HetaCoin. This is also called the Transaction Fee. It is this mandatory fee that makes HetaCoin have a real value for the system. This also prevents traders from flooding networks with unlimited micro transactions.

When a user participates in a consensus process or validation from PrivateChain or MainChain, he must be rewarded with a certain number of HetaCoin. This is also called Awarding. The level of consensus appreciation must depend on how much effort the participant spends in the process.

[Heta Tokenization]

[Timeline & Roadmap Projection]

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)
Public sales of the HetaChain ICO began
List the HETA tokens in exchange
Privatechain development
Q1 2019
Web portal release
Dapp Development
Smart contract development
Wallet update (multi-token)
Launch the HetaChain clean test
Q2 2019
Prebuilt Dapp
Create Dapp automatically
HETA cost calculation portal
HetaChain block explorer (update)
Hetachain mainnet (test version)
Q3 2019
Hetacoin
Launch of mainnet Hetachain