HetaChain – trendy third generation Blockchain platform

Hetachain is a development, high-performance blockchain 3.0 that is built with industrial scale computing capabilities that continuously allows users to deploy decentralized applications without censorship, fraud, downtime, or third party costs. It’s loaded with the ability to operate commercially fully focused on delivering the world into the next 4.0 Industrial Revolution.

We introduce HetaCoin, an internal crypto currency for use on 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 the specified Mount HetaCoin, this is also called Transaction Fee, this mandatory fee makes HetaCoin have real value on the system, also prevents traders from flooding the network with no micro transactions limited.

When a user participates in a consensus process or validation from PrivateChain or MainChain, he must be rewarded with a certain amount of HetaCoin. This is also called Award Giving. The level of consensus award must depend on how much effort participants spend in the process.

there are 4 functions of the Multichain Platform

Scalable

HetaChain has the capacity to process thousands of commercial scale Dapps transactions in chain communication between blocks

Secure

HetaChain runs a safe and efficient consensus protocol using the DPoS and BFT hybrid consensus algorithms. In this way, HetaChain is guaranteed against various cyber attacks and other dangerous threats that have encouraged decentralized data storage and sharing systems that are very important in ordinary technology space.

Flexible

HetaChain flexibility is achieved through the ability to freeze and repair damaged applications with general role-based permissions

Fast

HetaChain’s unique technology allows fast transaction approval (TPS) without the risk of downtime. This was built to meet the high throughput needs which is one of the commercial attributes of a new generation network that overcomes other blockchain deficiencies.

Hetachain: The solution

Hetachain intends to solve the above-mentioned problems and make blockchain high-performance, facilitating contracts that are easy and smart and easy to use by end users. This was achieved by coming up with a hybrid consensus mechanism based on Delegated Proof of Stake (DPoS) and Byzantine Error Tolerance (BFT). The goal is to create a blockchain that can be scaled, has shorter block times and high throughput. With the Hetachain algorithm, a block is generated every 1 second and validated by one masternode in the network.

HetaCoin: Cryptocurrency driven by Hetachain.

The original cryptocurrency drives and drives Hetachain and allows blockchain as a service, HetaCoin has many use cases.

Usage fees are 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 aspires to solve problems that are currently disrupting the current blockade and the solution whether it is scalability, privacy, security or throughput. With the latest architecture and design, it has the potential to emerge as a leader who can bridge the gap between technology and people, and change the landscape that emerges.

When a user makes a transaction to exchange coins or tokens that have been made by Heta, then he must pay to install the specified Hetacoib. Also called transaction fees. This mandatory fee makes Hetacoin have real value for the system. This can also prevent traders from flooding the network with unlimited microtransactions.

When a user participates in a consensus process or validation of the Main Chain and Personal Chain, then he must be rewarded with certain Hetacoin. This is also referred to as Giving awards to users. For the level of appreciation of consensus, it must depend on how much effort is spent by the participants in carrying out the process.