The inception of blockchain and the launching of Bitcoin in 2009 is one development that has ever since then lead to massive improvements in the world of finance, technology and economy. Scholarly minds have posited that "Bitcoin will do to the financial institutions what email did to postal industry" . Bitcoin did not just give to the world a glimpse of the future but also gave the ability & opportunity for the masses to at the present develop their own wallets, save some Bitcoin on it and then use this Bitcoins to seamlessly purchase anything around the world. This development was the best because unlike banks it did not charge transaction fees for overseas transactions, monthly account fees for too many withdrawals neither was there ever a central authority to dictate the terms for users. But the evolutions in the Bitcoin and the rapid adoption of blockchain ( Bitcoin) peculiarities created quite alot of scaling problems like low transaction processing power. At this stage of Bitcoin evolution there was an obvious need for a new Solution with better scaling power for the present and also for the future and no doubt so many attempts like decreasing block intervals, increasing block size, handling transactions off chain, blockchain sharding & the use of DAG ( directed acyclic graph) etc have been developed but majority of this innovations can only process a maximum of 1000 transactions per seconds (TPS) which is far below the 24000 (TPS) power of the current visa network. Other innovations like Ethereum have been developed overtime to provide sophisticated services that will supersceede that of Bitcoin yet it was also subsequently beguiled by myraids of scaling problems. But all this is Changing for the better because helios protocol is has been developed to first of all maintain blockchain qualities of decenteralization, trust, immutability,low transaction fees, higher transaction throughput power with low latency, enhanced consensus mechanism & then be compartible with preexisting systems like Ethereum DApps.
The Helios protocol is exceptional in all it's facets because it does not do an ICO instead it is fully self funded to sustain the project peculiarities. The project is committed to using a number of airdrop bounties, moral suation & top-notch technologies to create a major massive adoption, it was developed to offer better services using unique processes/features like:
☆ Helios protocol is an innovation comprising of features, It uses a parallel blockchain infrastructure to create HIGH SPEED & HIGH SCALABILITY transactions that supercedes that of Bitcoin and Ethereum.
☆ it's has uniquely modelled decenteralized application platform (DAPP) that is capable of simultaneously executing smart contracts and DApps. This is one measure that fosters Helios protocol massive adoption and unprecedented growth of the ecosystem.
☆ 101% security guaranteed, the initiators of the project helios protocol really understands the essence of security and has in place a unique consensus mechanism that maintains the level of security & immutability just like PoW, it also re-enforces it's security using other features like slashing and slashing can also be used to limit Helios protocol platform misuse
☆ ZERO OR NO ICO.
It may sound strange but it's worth it, Helios protocol will not have ICO but will be self funded through the processes of giving out tokens to bounties, dApp incubator, exchange listings, airdrops etc .
☆ Helios protocol is eco-friendly: unlike Bitcoin Helios protocol unique consensus mechanism do not do mining and this results in a significant energy consumption decline of 6000 to 9000 less energy usage.
☆ Fully decenteralized: the Helios protection ensures an all-encompassing decenteralization of all it's facets of it's consensus mechanism.
☆ TRANSACTION FLEXIBILITY/ORDER
Every user within the Helios protocol platform is at liberty to independently determine the transaction order in their individual wallets and can also by anytime, any day add blocks to their blockchain
☆ MINIMAL TRANSACTION CHARGES: due to the super-speed transaction through put,low upfront & continous node cost transaction fees will be reeled out in order of magnitude but will be extremely lower than that of Bitcoin and Ethereum put together.
☆ Full nodes and masternodes: the masternodes replicates the entirety of blockchain data base including user blockchains while the full nodes are nodes that synchronizes the whole database into becoming full engaged in the Helios protocol.
☆ Rewards: because the blockchain system is designed to operate based on the proof of stake (POS) all rewards are dished out to users whom have previously staked their rewards in their different wallets & the calculation/administration process of this rewards is transparent. the platform also offers rewards specifically for full nodes & master nodes based their level of uptime & responsiveness.
TOKEN METRICS
*Total token supply: 350,000,000.
- No pre-sale.
*No public sale. - No ICO.
*Contributors, bounty members, dApp creators will receive tokens within the next 3 years
CONCLUSION
With all that has been said about the Helios protocol one can boldly say that it's one project with everything it takes to compete with major players within the blockchain space. It's an eco-friendly system with simple smart contract base, unlike Bitcoin and Ethereum it has no ICO. I urge you to be a part of this great project.
To know more about HELIOS PROTOCOL check the links below
Website: https://heliosprotocol.io
Whitepaper: https://heliosprotocol.io/#project-tabs-indicator-white-paper
Telegram: https://t.me/joinchat/GSuKeBGme_EoTjHCiGmupQ
Twitter: https://twitter.com/HeliosPlatform
Facebook: https://HeliosProtocolPlatform
Github: https://github.com/Helios-Protocol
Author:
Email: Abulu730@gmail.com