Is Helios Protocol Real Eth Killer?

in ethkiller •  6 years ago  (edited)

HELIOS PROTOCOL

         HELIOS means "sun" in Greek. This was the name of the young Greek sun god, who rode across the sky each day in a chariot pulled by four horses. Helios definitely will become sun.   Helios is an unlimited scalable Cryptocurrency and smart contract Platform. Helios based on DAG + blockchains. The Helios platform is designed from the ground up to be future proof with secure, high speed, and low fee transactions, and to enable truly decentralized and democratic applications.   The Helios platform allows large number of independent blockchains connected through a DAG Technology.       

THE HELIOS PROTOCOL       

DAG is a new version of dApps. DAG will rule the cryptocurrency world by their features. Bitcoin and Ethereum is Low capable of Transaction to compare with Helios. Helios is the lightning speed than any Other cryptocurrency.    

Process of DAG 

Every wallet address has its own blockchain that contains only transactions to or from that particular wallet address. All blockchains are connected through a DAG formed by transactions. When a transaction takes place, it is only added to the blockchains of the sender and receiver. The blockchains of all other wallet addresses are entirely unaffected. This completely eliminates the bottleneck caused by requiring all transactions to be placed on a single blockchain and allows transactions between different users to occur concurrently. The transaction throughput also grows with the number of wallet addresses on the blockchain allowing it to scale indefinitely.  The Helios platform will be capable of executing Solidity based smart contracts and dApps. This will allow the creation of efficient, fast, and secure decentralized solutions to vastly improve systems such as governance, financial technology, energy grids, supply chains, social networking, health care, fake news, climate change etc... Furthermore, the use of Solidity as the language will enable rapid adoption by the existing development community and seamless migration of existing dApps.   

Features of HELIOS    

1. HIGH SPEED, SCALABLE   

HELIOS Allows 50 to 20 million times higher transactions than BTC and ETH.   

2. LOW TRANSACTION FEES  

The high transaction throughput, and low upfront and continuing node costs will result in transaction fees that are orders of magnitude lower than Ethereum or Bitcoin.   

3. DAPP PLATFORM  

The Helios platform will be capable of executing smart contracts and dApps programmed in Solidity. We are also taking measures to ensure rapid adoption and growth of the ecosystem.   

4.WE'RE GREEN 

The Helios consensus mechanism doesn’t require mining. This results in 6000 to 9000 times less energy usage as compared to Bitcoin.   

5.SECURE 

The Helios consensus mechanism maintains the same level of security and immutability as PoW, while providing additional features such as slashing that don't exist with PoW.   

6.TRANSACTION ORDER 

Each user decides the transaction order of the transactions in their own wallets and can add blocks to their blockchain at any time they choose.   

7.NO ICO 

The Helios project is entirely self funded and not having an ICO. Instead, we are giving away all tokens to bounties, airdrops, dApp incubator, exchange listings etc... (see token metrics)   

8.TRULY DECENTRALIZED 

All aspects of the Helios consensus mechanism are designed to eliminate the centralization of power. From not requiring delegates, to full control of individual  blockchains.     

TOKEN SUPPLY

TOTAL SUPPLY: 350,000,000

Ethereum contract address: 0xf5d714d9cd577b7daf83f84aea37a1eb0787e7ad. We will have a 1 to 1 swap for mainnet tokens once it is launched.

WHITEPAPER   https://heliosprotocol.io/files/HeliosTechnicalWhitepaperV0.1.pdf     

CONTACTS 

 https://heliosprotocol.io

 https://discord.gg/M6GH37P    

 https://t.me/joinchat/GSuKeBGme_EoTjHCiGmupQ   

 https://github.com/Helios-Protocol  

 https://twitter.com/HeliosPlatform                                                          

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