The Beginning
HELO Blockchain began her journey in the year 2021, after a consistent research.
HELO blockchain was created by Nupay Technologies, developed by Pixelplex and at so, fully funded by at Nupay Technologies. Incorporated in the USA, with a team of over 30 personnel.
The Engine
HELO blockchain is powered by the patent pending state-of-the-art decentralized consensus algorithm known as Proof of Ethic (PoE), invented by Nathan Trudeau, the CTO of HELO blockchain.
Proof of Ethic is a novel, completely decentralized consensus algorithm for blockchains based on pseudo-random number generation that gets exponentially closer to true randomness over time, as the network grows.
It allows a very fast transaction processing. Overcoming multiple challenges of the existing consensus algorithms.
The Proof of Ethic mechanism is based on the principle of absolute probabilistic equality, meaning that all nodes have an equal opportunity to create the next block without the need for heavy investment as seen in the existing consensus algorithms.
Proof of Ethic allows the possibility of a blockchain to be run on low power devices like smartphones and tablets at a very low or no monetary investment.
HELO Blockchain makes use of efficient algorithms, dynamic block sizes, and other blockchain optimization strategies to eliminate transaction and gas fees.
Proof of Ethic is capable of over 6,000,000 TPS in a realistic simulation, and this is without any Sharding technique or Layer2 solution.
Proof of Ethic will be more faster with more active Nodes in operation in the network.
One of HELO blockchain endless possibilities of Proof of Ethic is that, It allows a blockchain to be created with, no transaction fees, without compromising the security of the network.
The Power House
The HELO blockchain mobile app is the official wallet and gateway to the HELO blockchain.
To have unlimited access to HELO App, you must pass KYC verification. This is a safeguard to prevent network spam and 51% attacks.
What it Plan to Solve
HELO blockchain aims at solving key issues facing blockchain technology by offering an affordable platform which maximizes speed, security, environmental friendliness and scalability, made possible by the Proof of Ethic Consensus Algorithm.
It solved the scalability trilemma as proposed by Vitalik Buterin, the architect of Ethereum.
The Great Utility
HELO blockchain team has been busy cultivating and developing relationships with giants in the sporting, entertainment, credit card, and high-risk industries, et cetera.
The Helo team is working with these partners to ensure day one(1) use-cases and value for the adopters of this new and exciting technology.
To ramp it up
HELO blockchain is SSEED
HELO is SCALABLE: The HELO Blockchain is ultra scalable, sustainable, secure and decentralized.
HELO is SUSTAINABLE: The HELO Blockchain will use a fraction of the energy required by Ethereum and Bitcoin.
HELO is EGALITARIAN: The HELO Blockchain does not require a supercomputer or monetary investment to participate as a node.
HELO is EFFICIENT: The HELO Blockchain will not have transaction fees. HELO overcomes network throttling.
HELO is DECENTRALISED: The HELO Blockchain’s power will be distributed amongst participants.
The fabulous new theory of Proof of Ethic of HELO blockchain will revolutionize the whole of Blockchain.
It's a very great thing that PoE was invented.
To learn and know more about HELO blockchain and her ecosystem vital details and policies, kindly please visit the links below;
Kindly join any of the community forum below
Twitter: @Helo_Blockchain
Telegram: https://t.me/HeloBlockchain
HELO to the World!