HETACHAIN – Revolutionizing the world of Blockchain technology to increase effectiveness and accuracy throughout the digital world.
Since its inception in 2008 Blockchain technology and cryptocurrency has increased in size and accuracy, and indeed, popularity. The internet and online world have long since realised the need for a truly decentralized and transparent network are imperative, however, up until now, no matter how accurate and effective the b, chain has been, there have still been issues with its stability and the rate at which transactions per second occur. The need for better transaction performance, better security, and improved and further developed dApps are huge, and this is where HetaChain neatly steps in.
HetaChain offers an architectural structure that will operate as a combination of on chain and off chain DB to lessen the transaction presence and increase accuracy. The platform will cleverly tailor an ecosystem that will rebuild applications designed to specifically support others within the HetaChain ecosystem, educate those that don’t comprehend or are new to blockchain technology, with increased information from master nodes, AI data analytics and sharding. HetaChain has provided a new blockchain based on a hybrid of dPoS and BFT algorithms. Each block of the chain is double verified to ensure stability and cohesiveness.
The process is simple, with every 0.5 seconds a new block is produced, authorised with one producer, with the master node holding a specific set amount of coin, with the stakeholders able to vote for or invited the master node. 33 master nodes reside within the structure and can validate transactions as well as predicting the blocks that create the system. The system is governed by a random master node list, ensuring that all stakeholders have exact;y the same level of probability to garner a reward. The entire algorithm is developed to be seamless, with the master node creators who don’t fulfil their commitment will be removed until they can recommit.
The mathematical tools that make cryptography and blockchain what it is are perfectly utilised within the HetaChain protocol, with public key based cryptography utilised to sign transactions, ensure secure and safe validation for the system, and increasing the decentralized notion. There is a self-setting facility for the level of permission regarding whom can sign and vote, with the HetaChain platform offering up two main facilitators – the Owner and their permission and the slaver and their permission. The multi-chain style that makes up this blockchain design is extraordinarily well thought out, and both public and private Blochian has been well considered.
HetaChain has one Public MainChain – which operates in the same way as other well-known facilitators such as Ethereum or BitCoin, and this forms what HetaChain offer up as an immutable ledger. HetaChain also has multiple sets of PrivateChains that will operate as a private channel for a client – such as a company or business. There is also a cleverly thought out bridge protocol between the PrivateChain and the MainChain, reiterating the importance of transparency and decentralized notions. With each Heta block consisting of a block header, block data and block metadata and information cannot be tampered with or changed. The block header is composed of a number of valuable and valid numbers and chain details to ensure success and efficiency of the chain. The Block data is massively encoded and stored in such a way to ensure the maximum cohesiveness and coherence, and finally, the Block metadata will ensure that the structure is efficient through a number of transaction and signature validity sequences.
HetaChain will ensure that the payload is effective and efficient and that any transaction fee is garnered through the HETA transaction fee protocol, which will increase 5% annually. The flow will be validated by HETA and the MainChain will ultimately commit to ensuring the 33 master nodes operate with efficiency and accuracy. As with other blockchain technology, HetaCahin is a peer-to-peer protocol, with a public token facility, utilising the smart contract facility provided by blockchain technology.
HetaChain offers up a HETA virtual machine – the HVM, which will continue in real time to run the smart contracts garnered from the basis of the HETA platform. The HetaCoin will be easily accessed by a user, and the use of these tokens will ensure that transaction fees will actually add what is termed as real-time value to the ecosystem. With every single user accounts governed by not only a public key but a private key as well, the public nature of the cryptography will make up the basis of the information based security system. The HetaCoin will garner the user the benefits one has come to expect with the blockchain based token, but also increase the effectiveness of this extremely accurate platform. The use of the token will increase the simplicity the platform already offers up, and the very peer-to-peer nature the platform supports.
Above all else, it's incredible to see such a fully revolutionary protocol emerge within the blockchain and cryptography world. The way in which HetaChain looks to condense and create a cohesive and coherent space for in which to exist within the blockchain world is refreshing and inspiring. The visionary nature of this ecosystem far outweighs those of many of its competitors, as this ecosystem truly looks to level the playing field within the blockchain universe. I for one, as a blockchain enthusiast myself, will be watching this platform with eagerness and excitement, as I can see the future is bright for this revolutionary platform.
Website: https://www.heta.org/
Facebook: https://www.facebook.com/hetachain
Twitter: https://twitter.com/hetachain
Telegram: https://t.me/hetachain
Medium: https://medium.com/@hetachain_blog
Youtube: https://www.youtube.com/channel/UCZegFJGiQVWFUWEuKuVcceQ
Whitepaper: https://docs.google.com/document/d/1HDz5WmDRyVbVGYzgxgyhbDDgpcer-4bu_AvcbvleP5o/edit
ANN Thread: https://bitcointalk.org/index.php?topic=5031991
Bounty Thread: https://bitcointalk.org/index.php?topic=5032045
Article was written by frankiemalton
Bitcointalk username:aakgezen
User link:https://bitcointalk.org/index.php?action=profile;u=2200030
Ethereum Address: 0x7656CB6F30c05e9c136c1C0f1FE316125A653ed5
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HetaChain offers an architectural structure that will operate as a combination of on chain and off chain DB to lessen the transaction presence and increase accuracy. I like Hetachain's blockchain idea and it seems trustful project.
HetaChain will ensure effective and efficient distribution of the load in the system. Thanks for review.
The Hetachain believes that cryptocurrencies should be useful in everyday life
I think that in the near future I will see an unprecedented growth of Hetachain, I recommend everyone toresearch this is a strong team of developers.
HetaChain will create a revolution in the crypto. I'il be following you.
A more effective blockchain would make it easier for everyone. Projects like hetachain will contribute to the development of our future.
I guess HetaChain project can be success soon! Because they have a great team!
I think this project is very feasible to gain much support, because I see this project interesting enough let alone project also administered by a reliable team.
It is a different project. I hope they will succeed
In practice, this allows you to move your application to its own blockchain so it benefits from the full speed of the network, without sharing resources with other applications.