New third generation block
Blockchain technology is a world-changing technology that will solve some of the world's problems, such as transferring and storing data without worrying about system hacks, transparency, and without third party participation. First, he must present Satoshi Nakamoto as Bitcoin, the purpose of which is to transfer funds to peers. It is simple, safe and unchanged, it solved the current problem of the time, which is a double waste. The Blockchain technology at about that time is intended only for digital money, which they classify as the generation of a block chain by some people. Then, at the end of 2013, Vitalik Buterin came and introduced Ethereum blockchain technology, which aims to create decentralized applications, and also promotes the use of smart contracts of the time. It was a good innovation at the time, but many of its security and scalability issues are for many people classified as two generations of blockchains. In June 2016, as fear is, there are so many vulnerabilities of the Ethereum platform, 3.6 million broadcasts worth fifty million dollars at the time were stolen from the “DAO” platform based on the Ethereum blockchain. This event led to a hard plug of the Ethereum blockchain to recover stolen air from users. Ethereum received a new chain, and the old chain that we know now is the classic Ethereum (ETC). Last year, the popular online block game, Cryptokitties, appeared and showed the Ethereum network problem in terms of scalability or transaction speed, since in a couple of days it caused the network to slow down due to the huge number of pending transactions.
Knowing the problems with the existing blockchain technology, I found a new block chain that solves the current problem or does not have the features of the current upper block technology in terms of capitalization. Introducing HETACHAIN NETWORK new third generation of blockchins. Unlike the previous generation blockchain in terms of transaction speed, the Hetachain network can do millions of transactions per second. BTC legacy can perform seven transactions per second, while Ethereum can do fifteen transactions per second. Hetachain will use the blockchain hierarchical structure to ensure fast DAPPS, they will also use hybrid consensus, both Delegated Share Evidence (DPOS) and Byzantine Fault Tolerance (BFT) will be used to ensure not only fast, but also secure.
Some features of Hetachain
The amount of the transaction fee will be based on the complexity and number of blocks.
Hetacoin will be the currency that will be used to “pay” for using the Hetachain network. This is an
easy way to join the Hetachain network. A private company can easily join the Hetachain network by simply installing the Heta SDK and paying for the network using the Heta wallet, which is included in the Heta SDK
Multiple Chain, public main chain and private networks. You can create multiple private chains and connect to the main chain. Clients can use the private chain to develop their own platforms or decentralized applications (DAPPS), they can also create their own token. The Bridge protocol will be used to ensure privacy, security and transparency.
-block structure consists of three parts and easily identifies the source and information. The first part - the block header contains the main chain number of the block, the chain number, the previous hash number, the data hash and the hash code of the main block. The second part is block metadata containing signatures, the number of valid transactions in the block, the list of voters for the main node. The third part is the block data containing the transaction data, the transactions contain the payload, the permission tree and the signature tree.
Hetacoin will be the currency that will be used to “pay” for using the Hetachain network. This is an
easy way to join the Hetachain network. A private company can easily join the Hetachain network by simply installing the Heta SDK and paying for the network using the Heta wallet, which is included in the Heta SDK
Multiple Chain, public main chain and private networks. You can create multiple private chains and connect to the main chain. Clients can use the private chain to develop their own platforms or decentralized applications (DAPPS), they can also create their own token. The Bridge protocol will be used to ensure privacy, security and transparency.
-block structure consists of three parts and easily identifies the source and information. The first part - the block header contains the main chain number of the block, the chain number, the previous hash number, the data hash and the hash code of the main block. The second part is block metadata containing signatures, the number of valid transactions in the block, the list of voters for the main node. The third part is the block data containing the transaction data, the transactions contain the payload, the permission tree and the signature tree.
- contains 33 main nodes, one of which will be randomly selected to verify the lock. Comparing it with another 3rd generation EOS block that uses 21 supernotes. Main site voters will be rewarded based on the number of Het tokens they hold.
Why do we need another blockchain?
Unlike other blockchain technologies, such as Ethereum, which have been proven to have scalability problems, Hetachain is designed for “real-time” services for government, healthcare, banking, and many others. EOS have a centralized approach in the blockchain, which makes it less reliable, Hetachain participates in the vote on the master, which makes it decentralized in nature.
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Author by: thomas_sugiarto
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