Crypto wallets fall under three main categories; software, hardware, and paper wallets. Depending on their mechanism, a wallet can be “hot” if it connects to the internet or “cold” if it does not. Let’s take a deeper dive into each kind of crypto wallet. Software Wallets Web wallets access the blockchain through a browser or […]
Articles Tagged: helo blockchain
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 […]
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 […]
Cardano and Proof of Stake
A consensus mechanism is a technique for ensuring the security of a distributed database and verifying entries. Proof-of-Stake (PoS) is one of the most popular consensus algorithms used by blockchain and cryptocurrency projects to secure their networks. Proof-of-Stake differs from Proof-of-Work in several ways, allowing for faster speeds and more efficient energy usage by changing […]
Understanding Consensus Algorithms
UNDERSTANDING WHAT A CONSENSUS ALGORITHM IS AND WHY THEY EXIST In most data management systems, a central administrator has the power to manage and update any centralized system, such as a database holding critical information. Any updates, such as adding or removing information, are managed by a central authority, which is solely responsible for keeping […]
Proof of Ethic™ — An Unmatched Consensus Algorithm Realizing A Childhood Dream.
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 […]
How HELO™ is Solving Blockchain’s Core Problems
The HELO™ Blockchain solves many issues holding blockchain back from its true potential. Let’s dive into what these problems are, and how HELO™ solves them: Accessibility, Awareness, and Understanding Speed and Efficiency Regulation / Governance Destructive Environmental Behavior Accessibility, Awareness, and Understanding One of the primary obstacles to blockchain adoption is a lack of awareness, […]
Environmental Friendliness
THE HELOTM BLOCKCHAIN REVOLUTIONIZES DIGITAL ASSETS BY PROVIDING THE MOST ENVIRONMENTALLY FRIENDLY BLOCKCHAIN The HELO™ Blockchain is a highly efficient & performing blockchain that uses minimal amounts of energy. Proof of Ethic™, HELO™ Blockchain’s groundbreaking patented (pending) consensus algorithm, avoids the environmental shortcomings of Bitcoin, Ethereum, and other Proof of Work blockchains without any major […]