HELA NATIVE TOKEN UTILITY (HLUSD) AND VALUE PROPOSITION

In HeLa community, HeLa Native token (HLUSD) can serve multiple purposes within HeLa ecosystem, providing various value propositions for users. Here’s a breakdown of common uses and benefits:

1. Governance:
Voting Rights: Tokens often grant holders the ability to vote on proposals, changes, or upgrades within the project. This decentralized governance allows users to influence the direction and development of the project.

2. Transaction Fees:
Fee Payments:HeLa native token may be used to pay transaction fees or gas fees on the platform. This can streamline processes and incentivize token usage.

3 . Staking:
Earning Rewards: Users can stake tokens to earn rewards or interest, participate in network consensus, or secure the network. Staking often involves locking up tokens for a period, which can enhance security and incentivize long-term holding.

4. Access and Utilities:
Platform Access: Tokens can provide access to certain features, services, or content within the ecosystem. For example, they might be required to use premium services or participate in exclusive events.

5. Incentives and Rewards:
User Rewards: Tokens are used to incentivize desired behaviors, such as contributing to the network, completing tasks, or referring new users. Reward systems encourage active participation and engagement.

6. NFT Interactions:
Purchasing or Minting NFTs: Tokens can be used to buy or mint non-fungible tokens (NFTs) within the ecosystem, enabling ownership and trading of unique digital assets.

7. Rewards and contributions:
Content Creation and Participation: Tokens can reward users for contributing content, participating in community activities, or helping with project development.

In conclusion,HeLa native token’s versatility within the ecosystem drives user engagement, enhances the HeLa project’s functionality, and provides a range of economic and participatory benefits.

For follow up,search for us on twitter (HeLa_Labs)
Discord: discord.gg/8BKwtWvjDd

#HeLa #Helachain #web3

STEP BY STEP GUIDES FOR NEW AMBASSADORS ON HOW TO ENGAGE WITH HElA PROJECT

Here's a step-by-step guide for new ambassadors to help them get started with a Web3 project which include; setting up accounts, understanding the platform, and participating in community activities.

1. Welcome and Introduction

Welcome Message: Read the welcome message from HeLa project team or community leaders.

Overview: Understand the mission, vision, and goals of HeLa project.

2. Set Up Your Accounts

Create a Web3 Wallet: Follow instructions to create a Web3 wallet (e.g., MetaMask, ) if you don’t have one and add the HeLa Mainnet Network

3.Join Communication Channels:
Sign up for project-specific communication channels like Discord, Telegram, etc.

Register on Project Platform: If applicable, create an account on Hela’s mainnet platform or app.

3. Learn About the Project

Read Documentation: Go through HeLa whitepaper, FAQ, and other available documentation to understand its technology and goals.

Watch Introductory Videos: View any introductory videos or webinars provided by the HeLa.

4. Understand the Platform

Explore the Dashboard: Familiarize yourself with HeLa project's dashboard or main interface.

Learn Key Features: Understand key features and functions of the HeLa.

5. Participate in Community Activities

Join Discussions: Engage in discussions on the HeLa's forums, chat channels, or social media groups.

Attend Events: Participate in online and offline events such as webinars, AMAs, or meetups.

6. Promote the Project(HeLa)

Share Content: Use provided resources to create and share content about the HeLa on your social media and other platforms.

Host Events: Organize and host community events or webinars to raise awareness about HeLa project.

7. Provide Feedback

Gather Insights: Collect feedback from the community regarding their experience with the HeLa.

Report Issues: Share any technical issues or concerns with HeLa project team.

Join us on Discord to get started
discord.gg/8BKwtWvjDd

#HeLa #Ambassador #web3

HOW HELA ENABLES PRIVACY PROTECTION AND PROVIDES FLEXIBILITY AND AUDITABILITY

Hela leverages a Trusted Execution Environment (TEE)and cryptography (e.g., asymmetric and symmetric encryption, key exchange algorithm, secret sharing) to provide confidentiality.

WHAT IS A TRUSTED EXECUTION ENVIRONMENT (TEE)

A TEE is a hardware component providing a secure area of a main processor that guarantees code and data loaded into the TEE is protected with respect to confidentiality and integrity. It provides a shielded execution space, separate from the rest of the device, where applications can run securely
even if the wider system is compromised.

This is achieved by ensuring that the code and data residing inside the TEE are inaccessible to other software running on the same device, including the operating system.

Additionally, the TEE remains isolated from the ’hypervisor’—a software layer that allows multiple operating systems to run on a single physical machine by virtualizing the hardware resources.

HELA ON PRIVACY PROTECTION

For privacy protection, TEE has certain advantages over zero-knowledge proofs (ZKP). ZKPs are cryptographic methods which allow one party to prove to another that a given statement is true, without conveying any additional information.

ZKPs are also potent tools for privacy protection,
they can be computationally expensive and complex to implement, often requiring significant resources and time. On the other hand, TEEs, by their design, offer a more streamlined and efficient solution 

NOTE :TEEs can process large amounts of
data quickly and securely, providing real-time data protection. They do not require heavy computational resources, and are thus more cost-effective and scalable.In addition, TEEs offer a versatile solution, as they can handle various types of data and different forms of computations, while ZKPs may require specific constructions for different types of computations.

Will you love to know more about HeLa confidentiality system?

Join us on Discord
discord.gg/8BKwtWvjDd

#HeLa #Layer1 #Helachain #web3

MOTIVATION BEHIND HELA

After observing the various issues existing across the current blockchain ecosystems, we are motivated to propose Hela, a next-generation Layer 1 public blockchain network. Hela’s objective is to solve the issues that blockchains has been facing which will make it a very adoptable Layer 1 blockchain compared to what is currently available in the market.

HELA’S PROPOSAL TO SOLVE BLOCKCHAIN PROBLEMS

To address the issues that blockchains has been facing over the years and achieve our objectives, Hela has made the following key design proposals.

1. HeLa propose a modular architecture with an integration layer to address the problem of data fragmentation and poor interoperability. By using our novel integration layer, users and Dapps can interact securely and efficiently with each runtime and other chains at this layer.

2. HeLa propose flexible and auditable confidentiality and multi-level decentralized identity management to balance privacy protection, personal sovereignty, and the compliance and auditability of data.

3. Finally, HeLa propose the use of stablecoins
for transaction fee settlements to reduce the impact of price fluctuations on users and enhance usability.

In addition, Our communitydriven token governance model also adds transparency and decentralization to the process of managing tokens in Hela, benefiting its long-term operation

HeLa has solved lots of blockchains problems and are aiming into bringing Web3 to real-world adoption.

HeLa is laughing their guardian NFT soon

Don't miss out guys,Join the Waitlist is you haven't

I'm subscribed!

👥 Stay in the loop:

1️⃣ Waitlist: http://guardian.helalabs.com

To be a part of HeLa amazing community, you cab join us on Discord

discord.gg/8BKwtWvjDd

Your ideas and contributions will help grow and build HeLa to the highest level

#HeLa #Helachain #community #web3

INDEPTH KNOWLEDGE ON ALL THE DUTIES OF HELA AMBASSADOR

HeLa is launching an Ambassador Program and we are in search for creative content creators and writers that will help promote HeLa to the highest level and by so doing you have to understand your duties as HeLa Ambassador if Selected 👌

HeLa Ambassador Program is sub divided into 5 Tiers which include;
1. HeLa Rangers
2. HeLa Scouts
3. HeLa Explorers
4. HeLa Legends
5. HeLa Guardians

In each Level,you have a part to play but this article comprises of the general duties when successfully selected/chosen as HeLa Ambassador and that is only when you have completed all zealy tasks and had achieved the HeLa Guardian role 🥰

WHAT YOU WILL DO AS HELA AMBASSADOR

An ambassador in HeLa community will be entitled to the following responsibilities, which might include;

1.Community Engagement:
Foster and manage relationships within HeLa community to build trust and support.

2.Content Creation:
As HeLa Ambassadors,you must generate and share content, such as blog posts, videos, or social media updates, to spread awareness about HeLa

3. Education:
As HeLa Ambassador, you must be able to Provide information and educational resources to help people understand HeLa’s technology and benefits

4. User Support:
Assist with answering questions and resolving issues within the HeLa discord and telegram community.

5. Onboarding:
HeLa Ambassadors must be able to help new users get started with the HeLa project and understand how to use its products or services.

This are just some of the key duties you are to carry out as HeLa Ambassador.

Don't miss out on this opportunity to be part of HeLa Ambassador Program
we are hiring

For follow up
Join on Discord: discord.gg/8BKwtWvjDd

#HeLa #Ambassador #Helachain #web3

HELA ON DESIGNING SOUND TOKEN MECHANISMS

HeLa has proven that there are truly the next generation of Layer 1 blockchain protocols, built upon the principles of Web 3.0. Designed with a user-centric approach. Hela also empowers users
by providing enhanced asset integration, flexible personal sovereignty, and an exceptional user experience, while ensuring auditability and compliance of their data.🔥

From my best of knowledge,HeLa has been able to provide technological solutions to most technological problems that blockchain has been facing such as data fragmentation,inadequate Confidentiality Mechanisms and moreover volatile Transaction Fees.

HOW HELA DESIGNED SOUND TOKEN MECHANISMS

Many existing blockchains lack rigorously sound tokenomics, meaning that their designs, such as coin minting processes or reward allocations to nodes, were determined without careful consideration of the effects on human behavior

However, tokenomics must be objective-driven; it is crucial to first establish the ideal situation, such as ensuring robustness against potential attacks, and then design tokenomics to achieve that goal.

HeLa's primary objective for tokenomics is to ensure that all key nodes function as intended and that Hela remains secure against any malicious activities.

MEASURES TAKEN BY HELA TO ACHIEVE THEIR OBJECTIVE

HeLa has considered some key measures that will help them achieve their set primary objective which include;

1.HeLa allocate an adequate amount of tokens as incentives for node operation.

2 . HeLa also introduce staking and punishment mechanisms to deter malicious entities from attacking Hela, assessing their impact on the network’s security.

Conclusively,By implementing a comprehensive and theoretically sound tokenomics system, Hela fosters a secure, sustainable, and equitable ecosystem, ensuring that participants are appropriately incentivized and the network remains resilient against potential threats.

For more info
Join us on Discord: discord.gg/8BKwtWvjDd

#HeLa #Helachain #web3

COUNTERMEASURE TO STABLECOIN DEVALUATION

In this article, we will be laying our focus on the measures taken by Hela to prevent stablecoin devaluation but before then we have to first understand what is HeLa_Labs 👌

HeLa Labs is hi tech company developing a next-generation Layer-1 blockchain protocol. It is designed for real-world adoption together with renowned scientists and engineers.

HeLa also designs and combined outstanding features that can support builders of all levels, from startup to big enterprises. The HeLa ecosystem is open and inclusive, providing a level playing field for all builders to create and innovate.

MEASURES TAKEN BY HELA TO COUNTER STABLECOIN DEVALUATION

Hela uses stablecoin to settle transaction fees, and FIAT currencies exhibit inflation. Inflation leads to a diminishing purchasing power vis-avis other currencies or a basket of goods.

On the Hela blockchain the effect would be that transaction fees charged, do not adequately reward compute nodes anymore. Moreover, it also would devalue the insurance fund.

To address this issue, the Hela community can periodically vote on the adjustment of transaction fees to better balance user expenses against node rewards (i.e., HLUSD).

NOTE:
Hela is implementing an insurance fund
mainly to reduce the impact of unforeseeable events affecting the Hela ecosystem. Moreover, the fund is also responsible for controlling the inflation of the HELA token.

Will you love to learn more about HeLa ?
Join us on Discord to get started: https://discord.gg/8BKwtWvjDd

Don't forget to join our Guardian Node NFT waitlist
👉 http://guardian.helalabs.com

#HeLaGuardianNode #HeLa #NFT #web3

HELA ON STABLECOIN GOVERNANCE

The governance of stablecoins is critical for ensuring transparency, decentralization, and accountability in their operation. While blockchain technology itself is decentralized,
many decentralized applications (DApps), including stablecoins, are often controlled by a single entity or owner of the smart contracts, which introduces a level of centralization

This centralization raises concerns regarding the control and management of stablecoins, as demonstrated by various controversies and incidents in recent history.

HOW HELA ENHANCE TRANSPARENCY AND DECENTRALIZATION IN STABLECOIN GOVERNANCE

Hela and the team proposes a set of on-chain and community-driven governance mechanisms.

Hela introduces an on-chain voting mech￾anism to regulate critical processes like minting, burning, whitelisting, blacklisting, and other significant actions related to stablecoin operations. The proposed governance model involves a committee consisting of reputable companies who will be responsible for managing the portfolio of FIAT-based assets and their custody, regular auditing.

The governance model consists of five roles and six actions in our system: role Admin with actions set_role and set_quorum, role Minter with action mint, Burner with burn, Whitelister with whitelist and Blacklister with blacklist.

Each role is exclusively permitted to raise proposals within their designated purview. For instance, an Admin role can propose actions related to role modifications by set_role or quorum adjustments by set_quorum. A Minter role can propose new minting action by mint etc. The proposal process involves a voting mechanism wherein roles, other than the proposer, cast their votes as yes, no or abstain.

We're gearing up for the HeLa Guardian Node NFT launch, and it's just around the corner!

Don't forget to join the Waitlist Guys? 👇 guardian.helalabs.com/

#HeLa #NFT #Blockchain #HeLaLabs #Web3 #AI #Crypto

THE USE OF STABLECOINS AS TRANSACTION FEES IN HELA (HLUSD)

Do you know that for HeLa to ensure transaction fee pricing does not fluctuate based on the volatility of the native token, Hela proposes to use stablecoins for transaction fee settlement.

Since the actual processing of users’ transactions occurs at the execution layer, the settlement of transactions via stablecoin also occurs at the execution layer (by default within the official runtime).

Hela uses a gas fee model similar to that of Ethereum, where the gas fee consumed per transaction is related to the complexity of the transaction. The gas fee is in turn converted equivalently to stablecoin for settlementTherefore, Hela implements stablecoin support at the lowest level of the execution layer, making them a native token of the official runtime.By default, the stablecoin used by Hela is HLUSD (HelaUSD), a fiat-collateralized stablecoin anchored to the U.S. dollar 🔥.

Moreover, HLUSD is backed by "off-chain" reserves of FIAT currency - the "collateral". A regulated company is responsible for controlling the FIAT funds and minting or burning the HLUSD tokens in the runtime accordingly.

To bring to your notice,HeLa design a dual
token mechanism in the official runtime. Specifically, HLUSD exists as a native token in the official runtime, while HELA will be stored in the form of ERC20 tokens in a system-level smart contract.In conclusion, in Hela, HELA tokens
are produced on the consensus layer, while HLUSD is minted in the execution layer (the official runtime).

In addition, in Hela, HELA tokens
are produced on the consensus layer, while HLUSD is minted in the execution layer (the official runtime).

If you are not part of HeLa community then you are already missing out

Join us on Discord : https://discord.gg/8BKwtWvjDd

We await your contributions and active participation 👌

#HeLa #Helachain #web3

HELA_LABS ON STAKING

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.

STAKING DELEGATION IN HELA

Delegation

Staking delegation is a mechanism that allows participants to delegate their staking rights to other validators on the network.

On Hela, staking involves holding and “staking” a certain amount of HELA tokens as collateral to secure the network and participate in block validation. However, not everyone may possess the technical expertise, resources, or competitive edge to run their validator nodes or effectively cover the costs associated with node operation. Staking delegation addresses this challenge by enabling individuals to delegate their staking rights to trusted and competent validators who can carry out the validation process on their behalf. By delegating their stake, participants can still earn staking rewards.

Under a delegation mechanism, participants have three choices, these choices include;

(i) operating a node to run for validators,
(ii)becoming a delegator, and
(iii) abstaining.

Researchers have studied participants’ strategic behavior using game theory.This research provides insights as to how much commission fees validators should earn to maximize their revenues. As only the internal nodes organize the committee in Phase 1, the delegation mechanism will be rolled out in
Phase 2.

In HeLa ,you can earn points in Discord and also participate in raffles to earn HLUSD ,one HLUSD =$1

Join us on Discord and start earning Juicy rewards:
https://discord.gg/8BKwtWvjDd

#HeLa #Helachain #web3

STORAGE LAYER IN MODULAR BLOCKCHAIN ARCHITECTURE

The storage layer is one of the layer in the modular blockchain architecture that stores Hela’s entire ledger and providesdata availability for Hela. The data in this layer also requires confidentiality guarantees.

The storage layer is a critical component in our blockchain infrastructure, designed to enhance the availability, reliability, and security of data across all nodes in the system. One of its primary roles is to combat ‘data withholding attacks’, where
malicious nodes refrain from sharing or publishing certain data to disrupt the system.
Such attacks can hinder the transparency and trustworthiness of decentralized networks.

By addressing this concern, the storage layer significantly improves overall transparency and trust within the blockchain.

TECHNIQUES THAT GOVERNS THE FUNCTIONALITY OF STORAGE LAYER

There are 2 techniques that plays the role of the storage layer functionality which include;

1. Data Availability sampling
2. Data Verification

1. Data Availability Sampling:

Data availability sampling is predicated on the assumption that by checking a random subset of a large data set, we can accurately infer the availability of the complete data set. This process, also known as probabilistic data checking, hinges on the robustness of erasure coding – a sophisticated method of data protection.

2. Data Verification:

is a process that certifies the correctness and consistency of the sampled data. This verification is achieved using Merkle Trees, a type of binary
tree used extensively in blockchain systems for efficient data verification.

The amalgamation of erasure coding in the data sampling process and Merkle Trees in the data verification process allows for robustness of the storage layer. The distributed storage scheme ensures a high degree of data redundancy and facilitates efficient data availability checks.

For Follow up
Join us on Discord: https://discord.gg/8BKwtWvjDd

#HeLa #Helachain #web3

HELA’S INTEGRATION LAYER

FUNCTION

The integration layer is responsible for state integration across runtimes and chains. This layer allows users to interact with individual runtimes and other chains.

OBJECTIVE
The first objective of Hela’s Integration Layer is the integration of assets (e.g., users’ tokens) across each runtime. This addresses the problem of data fragmentation.

In other cross-domain interoperability protocols, it is often necessaryfor each domain to maintain a cross-domain pool of assets, or to facilitate the transfer of assets via mint and burn or the use of bridges. Numerous hacking attacks have shown that such cross-domain protocols are insecure.

In Hela, however, the user’s assets will be managed by the secure integration layer. When a cross-runtime interaction occurs (e.g., a user in
runtime A wants to invoke a contract in runtime B), there is no actual cross-runtime transfer of the user’s assets. Instead, The integration layer defines a series of cross-runtime communication protocols. These operations are coordinated by the integration layer by passing different messages to the relevant
runtimes (e.g., sending the asset information of the user of runtime A that it needs to the contract of runtime B in the form of a virtual asset ).

In the future, Hela’s integration layer will focus on the integration of the execution logic in each chain. This is mainly to solve the application limitations of existing interoperability protocols and expand the application scope. Most of the exist￾ing interoperability protocols can only support simple atomic cross-chain asset transfers, but cannot realize more general atomic cross-chain.

To learn more about HeLa!
Join us on Discord: https://discord.gg/8BKwtWvjDd

#HeLa #HeLaChain #web3

TIER 3 OF HELA AMBASSADOR (HELA EXPLORERS)

In this article, we will be discussing the level 3 of HeLa Ambassador program which is "HeLa Explorers". We will elaborate on the Duties of HeLa Scouts, How to get a promotion to the next level and the rewards to be earned in the HeLa Explorers role.

LEVEL 3— HeLa Explorers

Congratulations! Upon passing the HeLa Scouts application, you become a HeLa Explorer and specialize in at least one category (multiple is available, more help HeLa, you will have more to earn in the future!). At this level, you start working directly with the core team.

HOW TO LEVEL/ DUTY AS HELA EXPLORERS

Collaborate with the core team to strategize and execute plans. The core team will evaluate your work weekly and level you up to the next tier based on performance. In this level, your target will be given by the captain, if you cannot meet the expectation, you will be downgraded.

NOTE: Should you have good feedback from the captain, you can submit an application form to tier up to the next level.

REWARDS/BENEFITS

From this tier you will receive NFTs (you must hold the position at least for 1 month), bonus rewards for meeting targets. Selectively shoutout on socials. Website listing name as contributors.
You will also have the Discord role,HeLa Explorers Nft and share in the Zealy competition prize pool 🔥

BENEFITS OF HL ENGAGE BOT POINTS ON DISCORD

These are some of the benefits of hl points announced by HeLa for the main time ,more benefits of Hl points will be announced in the future

1. For bidding in Auctions
2. For participating in raffles
3. It is also used for purchasing items from market place

Join HeLa Discord to start earning points and earn amazing rewards now 🥰

Discord : https://discord.gg/8BKwtWvjDd

#HeLa #Helachain #community

HeLa Solutions On A User-Friendly DID Wallet

Another problem in the adoption and usability of DID is the limited availability of user-friendly DID wallets . DID wallets are digital wallets that allow individuals to securely manage their decentralized identities, store their verifiable credentials, and control the sharing of their personal data with
trusted entities.

Currently, many existing DID wallet applications are targetting developers and technical users, requiring a certain level of technical expertise to navigate and operate effectively.

Also, The lack of user-friendliness and intuitive user experience poses a barrier to widespread adoption among non-technical individuals.

From the research, many individuals are unaware of the need to manage and secure their verifiable credentials, which will become increasingly important in the decentralized identity landscape. As a result, there is a pressing need to provide a user-friendly and intuitive way to back up and manage their verifiable credentials in their wallets 👌

HELA’S SOLUTION ON DID WALLET

On the other hand,for HeLa to address the above challenge,HeLa will be releasing a wallet application that prioritizes simplicity, ease of use, and seamless integration with existing digital experiences.

However, by designing a seamless and user-centric backup mechanism, we aim to ensure that individuals have a convenient means to safeguard their valuable credentials. This approach will help users by enabling them to confidently navigate the decentralized identity space and protect their digital identity assets from loss or unauthorized access.

In conclusion, By emphasizing the need for backup functionality and providing a user-friendly solution, we strive to enhance user adoption and promote responsible self-sovereign identity management.

Join us on Discord to learn more: https://discord.gg/8BKwtWvjDd

#HeLa #HelaLabs #HeLaChain

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.

For follow up:
Join on Discord: https://discord.gg/tjyDsQNRTn

#helalabs #HeLa #Community #web3

UNDERSTANDING OF EXECUTION LAYER IN HELA

The execution layer is one of the layers in the modular blockchain architecture that plays a vital role in HeLa. In this article, we will be elaborating more on the execution layer,how it works ,it’s function and its necessity in HeLa_Labs.

EXECUTION LAYER (Hela Organelles)

The execution layer of Hela can be compared to the organelles within the Hela structure. To meet the need for customizability, developers can easily deploy runtimes that cater to specific application scenarios and business requirements in Hela's execution layer using our Hela SDK.

Owing to Hela's modular design, the nodes within the execution layer are responsible for the specific execution of transactions. The execution layer
incorporates the concept of rollups to enhance system performance, while transaction finality is ensured by the consensus layer for security purposes.

Also,For the purpose of decentralization, in Hela's official runtime, anyone can compete
to become a runtime node by staking Hela tokens.

Moreover, in Hela's official runtime, transaction fees are settled using our stablecoin (further details provided later). Runtime nodes are entitled to receive not only Hela tokens but also these transaction fees as additional rewards. This incentivizes honest behavior and promotes the secure, sustainable development of the Hela
ecosystem.

By allowing developers to create custom runtimes using the Hela SDK, the execution layer fosters a diverse and vibrant development community. With the support of a robust and flexible infrastructure,Hela enables the creation of innovative,decentralized applications that cater to a wide range of use cases, driving the adoption of
blockchain technology and the growth of the Hela ecosystem.

Im conclusion, you can agree with me that the execution layer plays a vital role in HeLa and contributes more to the system performance.

#Hela #HeLa_Labs #Community #web3

HELA AMBASSADOR PROGRAM

HeLa is offering everyone a great opportunity to become a unique contributor in the growth and success of HeLa, a modular Layer 1 blockchain enabling AI infrastructure for Web2 and Web3 across various sectors, including gaming, DeFi, DePIN, and more. Powered by a fiat-backed stablecoin (HLUSD), HeLa offers a vibrant( active and engaging) community and global expansion opportunities.
Hela’s Ambassador program is ongoing and we are hiring creative writers 🖋 and unique contents creator that will promote HeLa to the highest level.

WHAT WILL YOU BE DOING AS HELA AMBASSADOR

As HeLa Ambassadors you will have to carry out the following tasks;
1.Telegram Growth
2.Twitter Growth
3.Discord Growth
4.AMA Hunters
5.KOL Scouts
6.Writing (Blogs, Threads)
7.Helping HeLa to Find DApps Who Want to Build
8.Translation
9.Hosting local meet ups
10.Starting a new region

DIFFERENT ROLES IN HELA COMMUNITY
We have 3 outstanding roles in Hela which are listed below;
1. OG role
2. Early Bird Role
3. Super Hela Ranger Role

However,the only available slots in the community is the super Hela ranger role. Join in and get your role and be eligible for Nft minting 🔥

USE CASE OF THIS ROLES
With this roles,you will be eligible for the Nft minting and any future drops

Also,we have the active engager role that is given to active members in HeLa community🥰

Will you love to be part of Our Ambassador program and HeLa community as a whole ?

Join us Now! It's never too late 🔥

Discord: Discord:discord.gg/5veszBJaua
Zealy link: https://zealy.io/cw/helacompetition/invite/sppxyg6n7XI21WxNC0d8E (Key to HeLa Ambassador)

#helalabs #Hela #Ambassador #web3

MODULAR BLOCKCHAIN ARCHITECTURE IN HELA ( STORAGE LAYER)

HeLa is a layer 1 blockchain, powered by a fiat-backed stablecoin. Our architecture reflects our commitment to real-world adoption, featuring modularity, EVM compatibility, stable gas fees, and a decentralized digital identity framework. HeLa modular blockchain architecture is made up of four (4) layers which are listed as follows;

1. Storage Layer
2. Consensus Layer
3. Execution Layer
4. Asset Integration Layer
In this article, we will be laying our focused on the storage layer 👌

STORAGE LAYER
The storage layer in modular blockchain architecture is otherwise known as the "HeLa Cytoplasm"

Analogous to the cytoplasm within Hela, the storage layer's primary responsibility is to ensure data availability throughout the blockchain.

Within the storage layer, individuals can opt to store all or part of the blockchain data, depending on their storage capacity, and become data availability providers for Hela. By participating in data availability verification, they can offer data availability support to the HELA ecosystem and receive token rewards.

Also,The integration of the storage layer further reinforces the decentralized nature of
Hela.

Additionally, by separating the storage layer from the execution and consensus layers, the load on execution and consensus nodes is reduced, contributing to enhanced scalability for Hela.

This layered approach to data management ensures efficient and secure data storage, accommodating the growing demands of a diverse user base. By
encouraging participation in the storage layer, Hela fosters a robust and resilient infrastructure capable of supporting a wide range of applications and use cases, driving the adoption of blockchain technology and the growth of the Hela
ecosystem.

Join us now to keep pushing HeLa to the top!
Discord: Discord:discord.gg/5veszBJaua

#helalabs #Hela #helachain

HOW DECENTRALIZED IDENTITY WORKS IN HELA

In HeLa,The concept of a decentralized Identity (DID) is crucial as it empowers individuals with ownership, control, and portability of their digital identities, enabling enhanced privacy, security,and interoperability in the digital realm

KEY REQUIREMENTS IN DECENTRALIZED IDENTITY

In the current DID landscape, there is a pressing need for the following;

(1) credential service providers:The credential service providers is needed in decentralized identity to facilitate the issuance and verification of verifiable credentials (VCs)

(2) A reliable DID service provider:
It aid in offering confidential authentication mechanisms to enhance privacy and security.

(3) The development of user-friendly DID wallets:
This development of DID wallets helps in improving accessibility and ease of use for individuals, corporates and, other entities managing their DIDs and VCs.

NOTE: Hela is designed with a user-centered approach. Drawing inspiration from
well-established projects like Tendermint, Cosmos, and Oasis as implementation references, Hela differentiates itself through unique and customized designs. These include a multi-layer modular architecture with a novel asset integration layer, autonomous and controlled multi-level privacy protection, comprehensive and fine-grained digital identity management, as well as stable and affordable transaction fees

HeLa is continually bringing Web3 into real-world adoption 👌

#helalabs #HELACHAIN

Multi-Level DID ManagementHELA AND THE BLOCKCHAIN PROJECTS

Over the years ,blockchain projects has been facing some serious core problems that has prevented the blockchain technology from leading the way to more suffusive applications. These core problems are listed below ;

1. Inadequate Confidentiality Mechanisms.
2.Volatile Transaction Fees.
3.Insufficient Data Integration and Interoperability
4. Lack of Identity Management.

1. Inadequate Confidentiality Mechanisms:

Many existing blockchain protocols lack confidentiality.All transactions can be inspected by anyone with access to the respective blockchain explorer.

2. Volatile Transaction Fees:

In the current blockchain protocols, users need to purchase protocol-specific tokens to pay transaction fees and use the corresponding features. However, the fluctuation of token prices is often very dramatic.

3.Insufficient Data Integration and Interoperability:

Although the scalability and customizability of blockchains has been enhanced with the introduction of various modular blockchain systems and Layer 2 protocolsthese enhancements have been accompanied by increasing data fragmentation and poor interoperability.

4. Lack of Identity Management.

In many existing blockchains, users are usually anonymous. This anonymity makes it difficult for many existing blockchain protocols to control the identity of users and poses security issues such as Sybil attacks.

HOW HELA SOLVE THE BLOCKCHAIN PROBLEMS
Hela has stepped in to solve the blockchains problem by offering;

1. Modular Architecture with Integration Layer:
Hela adopts a modular architecture to provide better customizability and scalability.

2. Flexible and Auditable Confidentiality:To provide flexible confidentiality, Hela applies a design combining the trusted execution environment (TEE) and the encryption mechanism.

3. Multi-Level DID Management: Hela provides multi-level decentralized identity (DID) management for users. Hela’sDID management protocol follows the W3C standard.

4.Stable Transaction Fees

#helalabs #HELACHAIN