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 the blockchain industry has ever seen.
In comparison:
- Bitcoin can process up to 7 transactions per second (TPS)
- Ethereum can process up to 12-20 TPS
- Ripple can process up to 1,500 TPS
- PayPal and Visa can respectively process up to 24,000 TPS
- The MATRIX AI Network can process over 50,000 TPS
At its core, Proof of Ethic™ exists as a game of speed. A node must generate blocks as fast as it can to have a chance of getting rewarded. This means the more nodes that exist trying to generate blocks on the network, the more competition there will be to generate blocks as fast as possible. This increase in competition leads to continuous speeds within the network. But how are these speeds possible?
Dynamic Block Sizes
HELO™ incorporates a novel concept of dynamic block sizes. Dynamic block sizes allow the network to adjust to meet the demands of participants. This fluctuation allows HELO™ to optimize transaction speeds like never before, prevents bottleneck congestion, and eliminates latency between block generation.
Dynamic block sizes are made possible by speedsters. Speedsters are nodes that have special rights to change the size of a block to be bigger or smaller depending on chain activity. They then pull transactions from the mempool, where transactions go before they are validated or rejected, to complete a block. If the transaction flow is too high or too low, the speedster generates a block to start a Tyche poll, then each speedster casts their vote based on its own mempool. Once the poll is complete, the upper and lower range block size is adjusted, and the speed conflict is resolved.
By having a blockchain that is able to meet the demands of the network, instead of the other way around, HELO™ is able to deliver consistent speeds that have never been seen before. The HELO™ Blockchain revolutionizes not only blockchain speed, but transaction speed globally, acting as the fastest payment processing technology to have ever existed.