Written by: Nathan Trudeau, CTO @ NuPay Technologies and HELO Blockchain.
My childhood dream at age 6 was to grow up and create a cure for cancer to help save lives, to help the human race thrive and flourish.
I may not have discovered a cure for cancer, but I did invent a blockchain with over 6,000,000 TPS which benefits all no matter personal economic or social status.
How It All Began.
In the same year, age 6, I became determined to create a pair of wings to allow people, and myself, “to fly like a bird”. So I began drafting wing designs and trying out prototypes, many of them using wood and large sheets of paper. After several attempts, I came to the conclusion, with great disappointment, that I would not be able to accomplish my goal until I became an adult, as I needed to obtain more knowledge and money in order to experiment with several other expensive materials.
In the same period, after observing an ant, an idea crossed my mind: what if humans could climb walls like ants? “That could certainly help people who have to climb walls or structures in their job”, I thought. Just like the pair of wings, I experimented with several prototypes, using blackberry thorns, gloves, adhesive… In short, anything I could get my hands on as a kid. Just like the wings, after several attempts, I realized that I would not be able to make them until I became an adult and had more money.
Later on I started writing little stories, intending to eventually publish them in order to raise a little more money. Unfortunately, I realized I lacked the vocabulary to create a story that would match the books I was reading, such as The Knights of Emerald.
Wishing For More.
Eventually, I became more and more interested in the behavior of people around me, and if there was a way to detect what they were thinking in order to help them when they were feeling sad. So I took notes of how people around me reacted to various situations, in order to find possible correlations, becoming more and more a fan of cognitive and behavioral psychology.
After a while, I got pretty good at it, and I was able to help people who were feeling down. I was very happy and proud I could make a difference in some people’s lives. I soon realized, however, that the scope of the help I was providing was limited to a circle of people, and that if I wanted to help the human race on a larger scale, I had to find something beyond that.
A Novel, Unmatched Consensus Algorithm.
Now after years of trying to create something useful for the human race, I can finally see the light at the end of the tunnel, the opportunity to realize my childhood dream. I’m very proud to give you a glimpse of the result of the invention I’ve been working on relentlessly, days and nights, for more than a year.
Proof of Ethic — an egalitarian consensus algorithm solving Vitalik Buterin’s Scalability Trilemma without using techniques such as a Layer 2 or Sharding. As a matter of fact, I finally had the opportunity to perform a realistic simulation of an application of my invention, and the results are quite simply extraordinary.
Before giving you the results, a little background. As a rough example, Bitcoin is capable of processing ~7 transactions per second (TPS). Ethereum, on the other hand, is capable of ~20 TPS. Solana is normally at ~1000 to ~3000 TPS. Hydra, Cardano’s Layer 2 solution, has often been described as being capable of making Cardano “The fastest blockchain in the world” if implemented. The solution is theoretically capable of ~1 000 000 TPS.
“HELO” To The Endless Possibilities Of Proof of Ethic!
It is an immense pleasure to announce that Proof of Ethic is capable of ~6,250,000 TPS in a realistic simulation, and this without any Sharding technique or Layer 2 solution (see below for a screenshot of the simulation!).
In addition to its exceptional baseline speed, theoretically, Proof of Ethic is able to become even faster when there are more active nodes in the network, which is a complete paradigm shift compared to all other better-known consensus algorithms that tend to bottleneck when there is too much traffic, failing to scale.
Finally, the very nature of Proof of Ethic theoretically allows a blockchain to be created with no, and truly no, transaction fees without compromising the security of the network.
The only blockchain in the world implementing Proof of Ethic, HELO, will be available later this summer of 2022. I invite you to visit the newly-published website and the socials of HELO to stay up to date:
Work with the lawyers on the final patent application of Proof of Ethic is almost complete. I can’t wait to share all the details of the invention with you all, and HELO!
In the meantime, here is a screenshot of the actual simulation:
Once again, a big thank you to Brad Wilson, CEO of Nu Pay Technologies Inc., for having faith in me since the very beginning, since last year, and for assisting and supporting me during the most difficult moments.