In the current era, there are many fans in crypto currencies. People communicate on forums, chat rooms, and write comments on the website. Many do not like that there is no single platform for communication and exchange of experiences. Also, many people have the desire to get the knowledge they gain from experience. In the current era, there are many fans in crypto currencies. People communicate on forums, chat rooms, and write comments on the website. Many do not like that there is no single platform for communication and exchange of experiences. Also, many people have the desire to get the knowledge they gain from experience. Based on that, currently the HetaChain team will build the most sophisticated and powerful infrastructure for decentralized applications that will facilitate the real business world based on blockchain technology and will build the Blockchain 3.0 network. With this, our performance can increase because this team not only plans sophistication but also to invest in the development of future blockchain technology that facilitates the development of applications that are directed to make people's lives better and smarter.
When a user makes a transaction exchanging coins or tokens that have been made by Heta, then he must pay for the pre-defined mount Hetacoib. Also called transaction costs. This mandatory fee makes Hetacoin have real value for the system. This can also prevent traders from flooding the network with unlimited micro transactions. When a user participates in a consensus process or validation from the Mainchain and Private Chain, then he must be rewarded with certain Hetacoin. This is also referred to as Giving awards to users. For the level of consensus appreciation, it must depend on how much effort is spent by the participants in carrying out the process.
Relam Investment, based in Dubai and has announced investments that use the HetaChain Network Blockchain 3.0 technology network. This Hetchain project will help government services, businesses and build banking Dapps (Decentralized Applications), Robotics, IoT, E-Commerce, health and many others. Heta.org was launched on September 12, 2018 yesterday, which opened the next generation of Blockchain technology, Blockchain 3.0 Technology.
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.
Cryptographic Algorithm Using ECDSA (Digital Elliptic Motion Sign Algorithm) with secp256k1 curve for public-private cryptography. The private key is a 256 bit random data. The HETA address associated with this private key is the last 160 bits of the SHA3-256 (Keccak) hash of the public key.
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.
The solution given by Hetachain
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.
The advantages of the Blockchain 3.0 Hetachain Network
Flexible - Performs freezing and repairing applications for bribes with Generalized Role-based permissions.
Usable - The Blockchain 3.0 platform that has very high and measurable performance and uses ecosystems that make blockchain networks more valuable and useful.
Scalable - Already supports thousands of Dapps (Decentralized Applications) with commercial inter-blockchain scal Communication Separating Authentication and Execution.
Optimizable - Blockchain 3.0 platform that has very high and measurable performance and uses ecosystems that make blockchain networks more valuable and useful.
In order to be able to communicate between the personal chain and the main system on the Heta blockchain system, Bride-Protocol has been provided which will help the personal chain to collect their data into the main chain for validation. Each personal chain must pay the usage fee with Hetacoin. Personal chains can make payments with several HETA coins to control transactions. The cost can be configured depending on the large usage.
Investment and Future Blockchain Technology Development
Hetachain foundation has committed to investing funds that will focus on growth and development of Hetachain which is the future blockchain 3.0 technology.
Global Reach - Hetachain invests in companies and people who create service products that will be at the forefront of the generation of transformative technology around the world
As an Education - Hetachain uses the expertise and experience in blockchain technology by doing direct work with portfolio companies to help achieve their full potential.
Partnership - A strategic relationship that has been developed by Hetachain with business leaders around the world, to ensure founders in all markets have the ability to work directly with local investors.
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