Hetachain: The Future of Blockchain

About Hetachain Technology

Blockchain technology, which can simplify peer-to-peer transactions without the need for a third-party intermediary, can disrupt the work of many existing centralized systems and applications, especially in the banking and financial sectors. Combined with powerful intellectual contracts, blockchain technology has the potential to change the dynamics of the economy around the world. A truly decentralized ecosystem takes control of several self-service organizations and returns them back to the masses.

Blockchain technology is a truly innovative innovation in how to create, share and edit data. But despite this, blockchain technology currently faces critical performance issues. For this reason, Hetachain proposed to create the latest Blockchain network architecture, which will be used very easily, more flexibly for users and developers using the blockchain platform, which has very high performance.

A cryptographic algorithm using ECDSA (digital elliptic motion algorithm) with a secp256k1 curve for public-private cryptography. The private key is 256-bit random data.

The HETA address associated with this secret key is the latest 160 bit SHA3-256 (Keccak) hash from key state adoption issues

However, the speed of making block decisions for solving real problems and replacing existing systems was slow. The root cause may be related to the scalability issue that affects bitcoin, ethereum, and other locks. Both bitcoin and Essential Blokhin were faced with network overload problems at the end of last year. Slow transactions and excessively high fees threatened to defeat the purpose for which the technology was invented. Even decentralized applications (DAPPS), built on existing blockchains, are usually tied to performance problems without giving users the convenience and ease of use they are used to. There is a need for a blockchain, which is designed to provide the benefits of technology, and also scalable enough to cope with the massive traffic of existing systems.

Hetachain: solution

Hetachain intends to solve the above problems and create a high-performance blockchain that scales, facilitates easy, smart contract creation and is easy to use by end users. This is achieved through a hybrid consensus mechanism based on delegated share proof (DPoS) and Byzantine resiliency (BFT). The goal is to create a block chain that is scalable, has a shorter block time and high bandwidth. Using the Hetachain algorithm, a block is created every 1 second and checked using a single maze in the network.

HetaCoin: cryptocurrency that transmits Hetachain.

Own cryptocurrency that feeds and manages Hetachain and provides locking as a service, HetaCoin has several options for use.

User fees charged by users or businesses that intend to use Hetachain as a service

Transaction Fee at HetaCoins

Awards will be distributed in HetaCoins.

Hetachain is committed to solving problems that are currently detrimental to current goals and solutions, be it scalability, confidentiality, security or bandwidth. Thanks to its advanced architecture and design, it can become a leader, able to bridge the gap between technology and people and change the emerging landscape.

About Hetacoin - HETA

Hetacoin is an internal cryptocurrency Hetachain, which is used on the Mainchain network. Hetacoin is used as a tool to pay fees for using the Heta Blockchain service.

When a user commits a transaction that exchanges coins or tokens that were made by Het, he must pay for the predefined Hetacoib attachment. Transaction costs are also mentioned. This mandatory duty makes Hetacoin a real value for the system. It can also prevent traders from flooding the network with unlimited micro-transactions.

When a user participates in a consensus process or validation from Mainchain and Private Chain, he must be rewarded with a certain Hetacoin. This is also called providing rewards to users. For the level of recognition of consensus, it should depend on how much effort the participants spent on this process.

Road map

For more information, please visit:

WEBSITE: https://www.heta.org

MEDIUM: https://medium.com/@hetachain_blog

REDDIT: https://www.reddit.com/user/hetachain

STEEMIT: https://steemit.com/@hetachain

BOUNTY: https://bitcointalk.org/index.php?topic=5032045.0

FACEBOOK: https://www.facebook.com/hetachain

TWITTER: https://twitter.com/hetachain

LINKEDIN: https://www.linkedin.com/company/hetachain-network/

My Account BCT : https://bitcointalk.org/index.php?action=profile;u=1468991