HELA ON CONSENSUS LAYER
Hela represents the next generation of Layer 1 blockchain protocols, built upon the principles of Web 3.0. Designed with a user-centric approach, Hela empowers users by providing enhanced asset integration, flexible personal sovereignty, and an exceptional user experience, while ensuring auditability and compliance of their data.
HELA’S GOAL
Our shared goal is to create a blockchain protocol that can handle a high volume of transactions while maintatining security and decentralization.Together, we share the same vision of bringing blockchain technology to the real world and making it accessible to everyone. HeLa is taking over web3 💪
CONSENSUS LAYER (Hela Nucleus)
The consensus layer of Hela serves as the core of the entire system, akin to the nucleus of Hela. It adopts the Tendermint as the consensus protocol, which is based on Byzantine-Fault-Tolenrant (BFT) and Proof-of-Stake (PoS).
For security reasons, HELA permits qualified entities (e.g., those that have successfully completed KYC) to vie for a position as consensus nodes in the consensus committee by staking HELA tokens. To promote decentralization, other individuals can also indirectly engage in the consensus process by delegating tokens to existing nodes.
To incentivize honest participation from consensus nodes and ensure the security and sustainability of the Hela ecosystem, nodes are rewarded or penalized with Hela tokens based on their behavior. The effectiveness of such an incentive mechanism relies on a rigorous proof of soundness. Leveraging our expertise in security and economics, we have meticulously designed and analyzed our incentive mechanism to ensure its robustness and efficacy.
Capitalizing on its modular architecture, Hela separates resource-intensive transaction execution from the consensus layer. As a result, the consensus layer is tasked with lightweight operations such as transaction validation, node
management and stake allocation.
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