HETACHAIN NETWORK - Future Blockchain Network

HETACHAIN NETWORK - Future Blockchain Network

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About Hetachain

Blockchain technology with the ability to simplify peer-to-peer transactions without the need for third-party intermediaries can interfere with 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 ecological system will take control of several self-service organizations and return them to the masses.

Blockchain Innovation technology is truly innovative in data creation, sharing and editing. But even in this case, blockchain technology is currently faced with a critical issue of its performance. For this reason, Hetachain proposes to create the latest Blockchain network architecture, which will be used very easily, more flexibly for users and developers using blockchain platforms that have 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 private key is the last 160 bits of the SHA3-256 (Keccak) public key hash.



Troubleshooting

The speed of making block-driven decisions to solve real-world problems and replacing existing systems was slow. The root cause may be related to scalability issues that violate bitcoin, ethereum and other blockchain. Both bitcoin and ethereum blockchain had problems with network overload at the end of last year. Slow transactions and very high costs threaten to defeat the purpose for which the technology was created. Even decentralized applications (DAPPS) built on an existing blockchain tend to get stuck with performance problems without giving users the convenience and ease of use they are used to. There is a need for a blockchain designed to provide technological advantages, as well as scalable enough to handle large traffic from existing systems.

Hetachain Solution:

Hetachain intends to solve the above problems and create a scalable high-performance key-block that facilitates an easy and intelligent contract and is easy to use by end users. This was achieved through the development of a hybrid consensus mechanism based on delegated share proof (DPoS) and Byzantine error tolerance (BFT). The goal is to create a block size that can be scaled, has shorter time blocks and high bandwidth. Using the Hetachain algorithm, a block is generated every 1 second and checked with a single magenta on the network.

About Hetacoin - HETA
Hetacoin is the internal cryptocurrency Hetachain used in the Mainchain network. Hetacoin is used as a tool to pay fees for using the Heta Blockchain service.

When a user commits a transaction to exchange coins or tokens that were created by Het, he must pay for the predefined mounting of Hetacoib. Also referred to as transaction fees. 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 verification of the main chain and personal chain, he must be rewarded with a certain Hetakoin. This is also called providing benefits to users. For the level of understanding of the consensus, it should depend on how much effort the participants have spent on this process.

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HetaCoin: cryptocurrency that is fueled by Hetachain.

The original cryptocurrency that manages and controls Hetachain and allows you to block as a service, HetaCoin has many options for use.

The usage fee is paid by users or companies that intend to use Hetachain as a service.
Transaction fees must be paid at HetaCoins
Prizes will be distributed in HetaCoins
Hetachain is committed to solving problems that currently violate the current blockade and the decision whether it is scalability, privacy, security or bandwidth. Thanks to its newest architecture and design, it can become a leader who can bridge the gap between technology and people and change the landscape that is emerging.

 Road map:

Q1 and Q2 2018
Designing HetaChain Writting
Official document

Q2 and Q3 2018
Main chain development
The user interface displays the blockchain data.
Demo wallet
ICO Hetachain Event
HetaChain ICO personal sales

Q4 2018
Block demonstrations HetaChain
Hetachain test grid (test version)
Sales of ICO started in HetaChain
List of HETA tokens on exchanges
privatechain development

Q1 2019
Opening a web portal
Daps development development
smart contract
Wallet Update (Multipoint)
Run a clean test HetaChain

Q2 2019
Ready Dapp
Auto makes dapp
Calculating the cost of the portal Heta
HetaChain explorer block (update)
Mainte hetachain (test version)

Q3 2019
Hetacoin
Start Hetachain Network

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
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/

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