HELO BLOCKCHAIN NODES ARE THE BACKBONE OF ITS DECENTRALIZED ARCHITECTURE Decentralization Decentralization describes the transfer of power from a centralized entity to a distributed network. For a blockchain to be considered “decentralized,” it must have active running nodes that relay information between each other. These nodes take the place of people or controlled systems performing the […]
All posts by Sarah Robertson
Creating Tokens on HELO™
Tokens are relatively easy to create on any blockchain. Unlike coins, tokens can be built on a pre-existing network, such as the HELO™ blockchain. It is important to remember that tokens represent an asset or specific use case on that particular blockchain. Tokens and coins have similar roles, but tokens have some kind of utility […]
Tokens: What they are and how they’re used
You may have heard cryptocurrencies referred to as a coin or token. While these terms are often used interchangeably, they shouldn’t be. The distinction between coins and tokens depends on various factors, such as the way the asset is used. Coins are often defined as “native” to the given blockchain environment, meaning they are part […]
HELO™ Transaction Fees
THE HELO BLOCKCHAIN ELIMINATES TRANSACTION FEES AND IMPROVES SPEED In most blockchains, every time a user transfers funds, creates an NFT (Non-Fungible Token), engages with a smart contract, or performs a function that involves the blockchain, there is a cost. Transaction fees reward network validators for securing and operating the blockchain which made the transaction […]
Redefining Speed in Blockchain
THE HELO BLOCKCHAIN REVOLUTIONIZES DIGITAL PAYMENTS BY OFFERING THE FASTEST BLOCKCHAIN TO DATE, OPTIMIZING SPEED WITHOUT COMPROMISING SECURITY OR DECENTRALIZATION. The HELO™ blockchain is incredibly efficient and scalable, achieving transaction speeds that have never been seen with blockchain technology. Proof of Ethic™, HELO™ blockchain’s groundbreaking patent pending consensus algorithm, allows for the fastest transaction speeds […]
What is a private blockchain?
Depending on an organization’s needs, a public blockchain may not be the right solution for them. If authority and speed are top priorities, a private blockchain may be the better route. Private blockchains have rules and regulations on who can see and write on the chain, and nodes are typically invite-only. It operates as a […]
What is a public blockchain?
What do you think of when you think of a blockchain? Unfortunately, many people struggle to grasp what a blockchain is because blockchain is a relatively intangible concept. It is equivalent to asking someone what they think of the internet in the 80s. Without tangible applications, blockchain can be challenging to conceptualize. One nuance to […]
HELO™ Blockchain: Mission and Vision
The HELO™ blockchain is an enterprise solution and peer-to-peer payment platform utilizing cutting-edge blockchain technology to increase operational efficiency and reduce running costs. HELO™ allows anyone from independent vendors to multinational corporations to harness the potential of blockchain. The blockchain and crypto landscape is rapidly changing. For example, Ethereum is currently preparing to switch from […]
Peer to Peer Accessibility
HELO™ brings a user-friendly blockchain solution for the everyday user The HELO™ Blockchain is accessible and easy to use, offering efficient infrastructure to maximize user experience. Seamless internetwork communication makes this possible. The simplest way to use HELO™ is within the official mobile or desktop app, where anyone can be a node. Existing blockchain opportunities […]
An Intro to Proof of Ethic™ (PoE™)
Blockchain networks rely on consensus algorithms to secure and validate their networks. Bitcoin and Ethereum, among other protocols, often experience network congestion, spikes in fees, and halts due to inadequacies with their forms of consensus. Proof of Ethic™ was developed to solve these problems and provide a virtually unlimited scalability solution. Proof of Ethic™ is […]
