Hetachain: The Future Of Blockchain

in #ico5 years ago

About the project

Hetachain is a revolutionary “hybrid” network of blockchains which intends to resolve the 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 with a hybrid consensus mechanism that is based on the Delegated Proof of Stake (DPoS) and Byzantine Fault Tolerance (BFT).

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.

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.

Heta - Protocol Multizept Platform
In order to communicate between the personal chain and the main system in the Heta blockchain system, a Bride protocol has been provided which helps the personal chain to collect your data in the main chain for verification. Each personal network must pay the fee for using Hetacoin. Personal networks can make payments with multiple Heta coins to control transactions. The price can be adjusted depending on the big usage. Investments and future development of blockchain technology. The hetachain fund has committed to invest funds targeting the growth and development of hetachain-the future blockchain 3.0 technology.

Global Coverage Hetachain invests in businesses and people who create service products that will be at the forefront of the generation of transformation technologies around the world like Education-hetachain leverages the experience and knowledge in blockchain technology through direct work with portfolio companies to reach your full potential. A partnership is a strategic relationship developed by Hetachain with business leaders around the world to provide founders in all markets the opportunity to work directly with local investors.


Alpha-X is a completely new generation cryptocurrency based on the X13 algorithm with the full Proof Of Stake network (POS). Transactions made on the Alpha-X block network are instant, anonymous, private and very secure. Our motive is to do as well as virtual cash (plastic cards), which can provide liquidity and utility in the market in real time on the market.

AlphaX narrative is to change the whole facet of utility tokens, using blockchain technology to overcome the historical shortcomings of the traditional system. When this technology is combined with an intuitive user interface and charification, a new level of trust and enthusiasm will be created among the community to create a new confidence and excitement for the new ecosystem of the useful era.

ICI CitiCash is one of the first crypto-conversions in the world that will allow the general public to easily enter the world of modern digital money. Awareness as well as the actual use of crypto-conversions and even increases. The desire of people to join the cryptocurrency movement is faced with resistance, because the technology is not considered to be user friendly, and the terminology may seem too complicated. That's why we created CitiCash. This cryptocurrency can be used without any prior technical knowledge.

Alpha-X Exchange
This will be created at a later stage using ICO AX funds, it will be launched as a global cryptocurrency exchange with the motive to provide more and more liquidity in different pairs of Fiat-Crypto. The mission is to get up to 100 plus currency pair pairs and make the exchange available to everyone around the world.

Market Alpha-X
Internet market to bring merchants and buyers longer. Here, participating merchants can sell their products directly to customers using Alpha-X coins. Alpha-X Debit Card. Alpha-X has a plan to provide real liquidity to its users around the world around the clock. Anyone can buy or sell Alpha-X in their area at any time without any problems. They also intend to provide debit cards AX and integrate them with sending points.

RoadMap Project

Team

Advisory Board

For more information, please visit :

WEBSITE : https://www.heta.org
MEDIUM : https://medium.com/@hetachain_blog
REDDIT : https://www.reddit.com/user/hetachain
BOUNTY : https://bitcointalk.org/index.php?topic=5032045.0
FACEBOOK : https://www.facebook.com/hetachain
WP: https://docs.google.com/document/d/1HDz5WmDRyVbVGYzgxgyhbDDgpcer-4bu_AvcbvleP5o/edit
TWITTER : https://twitter.com/hetachain
LINKEDIN : https://www.linkedin.com/company/hetachain-network/
==========================
USERNAME : Turkaisih
PROFILE l : https://bitcointalk.org/index.php?action=profile;u=2119983
ETH : 0x32941adE83E118C0E4a64a5118aE8396C0bAd266

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