Blockchain was invented by Satoshi Nakamoto in 2008 to serve as the public transaction ledger of the cryptocurrency bitcoin. The invention of the blockchain for bitcoin made it the first digital currency to solve the double-spending problem without the need of a trusted authority or central server. The bitcoin design has inspired other applications etc.
One of the most prominent in this field is the Ethereum Blockchain, which is an open-source, public, blockchain-based distributed computing platform and operating system featuring smart contract (scripting) functionality. It supports a modified version of Nakamoto consensus via transaction-based state transitions.
A decentralized application (Dapp, dApp or DApp) is an application that is run by many users on a decentralized network with trustless protocols. They are designed to avoid any single point of failure. They typically have tokens to reward users for providing computing power.
HetaChain is progress, a high-performance 3.0 blockchain built on industrial-scale computing capabilities that continuously allows users to deploy decentralized applications without censorship, fraud, downtime, or costs incurred by third parties. This is loaded with the ability to operate fully commercially focused on delivering the world into the next 4.0 Industrial Revolution.
HetaChain has the capacity to process thousands of commercial scale Dapps transactions in blockchain inter-communication
HetaChain runs a safe and efficient consensus protocol using the DPoS and BFT hybrid consensus algorithm. In this way, HetaChain is guaranteed against various cyber attacks and other dangerous threats that have pushed decentralized storage and data sharing systems that are very important in the usual technological space.
HetaChain’s flexibility is achieved through the ability to freeze and repair damaged applications with general role-based permissions
HetaChain’s unique technology enables fast transaction approval (TPS) without the risk of downtime. This was built to meet the high throughput requirements which is one of the commercial attributes of the new generation network that overcomes the shortcomings of other existing blockchain.
Protokol Heta — Platform Multichain
To communicate between the private chain and the main chain of the Heta blockchain system, we provide a Bridge Protocol that is directed at helping private chains collect their data into the main chain for validation. Actually, every private chain must pay a usage fee (via HETA coin) when using. The private chain will pay a number of HETA coins to issue transactions. This fee can be configured depending on the volume of use.
Use ECDSA (Elliptic Digital Motion Algorithm) with secp256k1 curves for public-private cryptography. Private key is random 256 bit data.
The HETA address associated with this private key is the last 160 bits of SHA3–256 (Keccak) hash from the public key
HetaCoin — HETA
We introduce HetaCoin, an internal crypto currency for use in MainChain. HetaCoin is used by companies or users who use the Heta Blockchain Service to pay “usage fees”.
We propose ways to use HetaCoin.
When a user makes a transaction to exchange coins or tokens made by Heta, he must pay a pre-defined mount of HetaCoin. This is also called the Transaction Fee. It is this mandatory fee that makes HetaCoin have real value for the system. This also prevents traders from flooding networks with unlimited micro transactions.
When a user participates in a consensus process or validation from PrivateChain or MainChain, he must be rewarded with a certain number of HetaCoin. This is also called Awarding. The level of consensus appreciation must depend on how much effort the participant spends in the process.
Every account is defined by a pair of keys, a private key and public key. Accounts are indexed by their addresses which is derived from the public key by taking the last 20 bytes.
Therefore, account addresses and digital signatures are derived directly from private keys, but the private keys are not used directly in the platform protocol in any way.
A private key is simply a number, picked at random. Ownership and control of the private key is the root of user controls over all funds associated with the corresponding HETA address. The private key is used to create signatures required to spend HetaCoin by proving ownership of funds used in a transaction
Timeline & Roadmap Projection:
Q1 & Q2 2018
Q2 & Q3 2018
UI displays blockchain data
Hetachain ICO program
HetaChain ICO personal sales
Demo blok explorer HetaChain
Hetachain test net (trial version)
Public sales of the HetaChain ICO began
List the HETA tokens in exchange
Web portal release
Smart contract development
Wallet update (multi-token)
Launch the HetaChain clean test
Create Dapp automatically
HETA cost calculation portal
HetaChain block explorer (pembaruan)
Hetachain mainnet (test version)
Launch of mainnet Hetachain
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