Hetachain is launching the Kick-off event in Dubai, introducing the Heta Blockchain 3.0
As the buzzword has been “decentralization” ushered in by the new and yet unraveling era of Blockchain, the race to becoming the next Web 3.0 has been engulfing for most projects in the space.
With cities defining new ways of data management, business transactions, researches bordering on areas such as deep learning, AI, machine learning, IoT, governance and human relationship management cutting across public and privately owned institutions, blockchain is becoming institutionalized with the pervasive and effective ways it has proven to be as a credible and cost effective way of operating enterprises.
The major focus has constantly revolved around building the next industry-grade, scalable blockchain network with capabilities of withstanding commercial applications with mass adoption in mind which will not fall short of expectations.
This next network becomes what Hetachain is about...
Haven pointed out deficiencies in these public blockchains earlier, HETACHAIN is conceived to becoming the bridge builder, solving the disconnect between users and their blockchain platforms.
It would be a gross misnomer to run a public road traffic system on a platform that has shown serious strain by just mere few users interacting with it. Organizations, with specific emphasis on the private sector seeking the perfect fit on how they dole out services to their clientele, would be running the risk of extinction should they pilot their consumer-focused business services on a blockchain network that erratically shoots up the cost of interacting with it simply because more users are endeared to it. Why should this be so, if the so-called “centralized” business entities have been able to increase the efficiency of business operations and services due to the scaling effect whereas decentralized network applications become almost a horror every time its user traffic spikes?
It also begs the question, why should a blockchain network climb to the tipping point of being shut down at the expense of users due to constitutional fracas? We saw this catastrophe demonstrated in a recently launched public blockchain network touted by many to be the next “Ethereum killer”.
We at HETACHAIN think these shouldn't be and hence are stepping in to give our stakeholders a new lease of breath by ushering you into a whole new era of Blockchain 3.0 with the core intent of its creation deeply entrenched in solving inherent problems other blockchain networks have plagued their users with.
HETACHAIN, a super fast DPoS + BFT hybrid consensus algorithm blockchain network focused on addressing the agelong scalability trilemma, is pushing forth a truly democratically governed blockchain network built for industry scale transactions while also uniquely designed for private users with its array of features integrating a blend of public and individual adoption focused design through a multi-chain system in which users can use Heta for both public and private blockchain preference.
As security is always paramount in the heart of users of any blockchain network, HETACHAIN is designed to ensure that the multiple PrivateChains which serve as private channels for different “client” using the network are able to control their own chain and communicate with the Public MainChain via communication protocol called the Bridge Protocol.
Bridge protocol is a Privacy-Preserving Bridge Protocol linking PrivateChains to MainChain. The intuition is that, while private transactions details are distributed securely over PrivateChain channels, the Bridge Protocol provides a secure communication between PrivateChain and MainChain, abstracting details to create cryptographically verifiable proofs on both chains to ensure system transparency and security.
With HETACHAIN focused on bringing to the fore highly scalable throughput capability running in million transactions per second with a democratically governed hybrid consensus protocol and super secured network, blockchain 3.0 is no longer an anticipated technology but a present reality open for the world of decentralized economic community to begin to tap into and leverage upon for a whole new era of transacting.
We, therefore, usher you to a new world of infinite business and social interactive possibilities as you hop onto the next era of Blockchain evolution.
Welcome to Blockchain 3.0, welcome to HETACHAIN. The future is NOW.