HetaChain
high- performance blockchain 3.0 built with industrial scale computational capabilities that immutably allows users to deploy decentralized applications devoid of censorship, fraud, downtime or third party incurred costs. It's laden with the ability to operate on a full commercial basis focussed on ushering the world into the next Industrial Revolution 4.0.
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Scalable
HetaChain possesses the capacity to process thousands of commercial scale Dapps transactions in inter-blockchain communication.
HetaChain runs a secure and efficient consensus protocol using DPoS and BFT hybrid consensus algorithm. In this way, HetaChain is secured against an array of cyberattacks and other malicious threats which has pushed forth a decentralized system of storing and sharing data which is crucial in the prevalent technological space.
Flexible
HetaChain's flexibility is achieved through ability to freeze and fix broken applications with generalized role-based permissions.
Fast
HetaChain's unique technology allows for fast transactions approval (TPS) without the risk of downtime. It is built to adequately cater for a high throughput which is one of the commercial attributes of a new generation network addressing the shortcomings of the other existing blockchains.
Committed to building a world class internet infrastructure for Web 3.0 revolution successively heralding the next 4th industrial revolution, HetaChain has commited to investing in the future development of blockchain technologies facilitating the building of applications geared towards making people's lives better and smarter.
Heta Protocol - Multichain Platform
To communicate between private chains and main chain of the Heta blockchain system, we provide Bridge Protocol geared towards helping private chains summit their data to main chain for validation. Actually, each private chain needs to pay usage fee (via HETA coin) when using. Private chain will pay an amount of HETA coins in order to issue transactions. This fee is configurable depending on volume of usage.
Cryptography Algorithms
Use ECDSA (Elliptic Curve Digital Signature Algorithm) with secp256k1’s curve for public-private cryptography. The private key is a random 256 bit data.
The HETA address associated with this private key is the last 160 bit of the SHA3-256(Keccak) hash of the public key
- Global Reach
- HetaChain's unrivaled uniqueness is accessible by everyone from any corner of the world, offering the next generation of transformative technologies to the global economies.
- Business Optimization
- HetaChain develops an ecosystem that acts as a hub to portfolio companies to smartly unleash their potential through its state of the art technological outputs, offering rich expertise and insights for real-time decision making.
- Partnership
- HetaChain has connected founders in all markets with local investors thanks to our strategic partners with worldwide venture leaders.
HETA
We introduce Heta, an internal crypto-currency to use inside MainChain. Heta is used by enterprise or user who using Heta Blockchain Service to pay "usage fee”.
We propose these ways of using Heta.
When a user creates a transaction to exchange their coins or token made by Heta, he must pay a pre-defined a mount of Heta. This is also called Transaction Fee. This mandatory fee is what makes Heta has real value to the system. It also prevents merchants to flood the network with unlimited micro transactions.
When a user participates in the consensus or validation process of a PrivateChain or MainChain, he should be rewarded with a certain amount of Heta. This is also called Endorsing Reward. The rate of consensus reward should depends on how much effort the participant spends in the process.
Whitepaper: https://heta.org/docs/HetaChain_whitepaper_en-ver-1.0.pdf
Author: https://bitcointalk.org/index.php?action=profile;u=2427666
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