Hetachain

sany77 (27)in #hetachain • 5 years ago

Electronic money transactions recognize an essential part of the great path of electronic finance. This is where individuals can exchange other currency coded to modernize cash or fiat currencies like US dollars or euros. These deals deal with buyers and sellers and charge you from each exchange. Basically there are two types of transactions; Combined transactions and transactions. Cross transactions are ranked, for example, affiliate affiliates as participating agencies on their stage.
They usually continue as a basic part of contact for novices, who tend to exchange cash in their view of the easy-to-use and lively interface in their operations. The task of a unified transaction is clear and organized and a categorical estimate will make the system categorized. Not at the smallest level such as transactional access, decentralized accessories.
Blockchain Technology with its ability to facilitate peer to peer transactions without the need for a third-party intermediary can disrupt many existing centralised systems and applications, especially in the banking and financial service sector. Combined with the power of smart contracts, blockchain technology has the potential to change the dynamics of economies around the world. A genuinely decentralised eco-system would take the control away from a few self-serving entities and restore it back to the masses.

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.

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

Investing in the future development of blockchain technologies

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.

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.
With an in-depth research and brilliant team we propose a new horizon and phase to the blockchain era, Blockchain 3.0. HETACHAIN was founded, positioned as an easy-to-use, flexible for the user, the developer (easy to make the smart contract), and high-performance blockchain platform. A blockchain built with enterprise-grade adoption in mind, HETACHAIN is a hybrid of a more effective dPOS (this claim focuses on the throughput of a blockchain when compared to POW and POS) and Byzantine Fault Tolerance (BFT) conceived to maximize system performance.

ince the inception of Blockchain, developer communities have been grappling with the Scalability trilemma. HETACHAIN comes with an array of features technically focused on easy usage while also giving the decentralized developer community the ability to not only being able to deploy smart contracts to run decentralized applications (dApps), it addresses the inherent flaws of its predecessor blockchain networks in the area of governance, systems throughput and mass adoption.

With its hybrid DPoS + BFT consensus algorithm, the agelong scalability trilemma is being addressed with HETACHAIN pushing forth a truly democratically governed blockchain network as it is also striking a balance between the throughput of its system.

A better version of the EOS network where only elected 21 supernodes to act as block producers theoretically proven to be prone to collusion among the supernodes, HETACHAIN is governed by a more decentralized system of 33 Masternodes stochastically programmed of having equal chances of filling and producing the next block in the chain. This assures an extremely high throughput while ensuring democratized decentralization in the network which has been the major bane of other networks trying to solve the scalability trilemma. Achieving mass adoption is just one step away with HETACHAIN as it builds ease of use with a better network capability thus allowing industry grade computations to run on its network.