Has anyone of you ever heard about the Helios Protocol? If you are familiar with Bitcoin and Ethereum, you have probably ever heard or even known about the Helios Protocol. First of all, let’s talk about the name. For your information, Helios is the Greek god of the sun. It is not surprising why this revolutionary project is named after the god. It is because this revolutionary project is like a new dawn in the blockchain technology era.
What is Helios Protocol?
The Helios Protocol has been established to encourage the vision of decentralization by making sure higher throughput and improved scalability while maintaining the advantages of the existing blockchains. Such as being compatible with programming languages complete with Turing and facilitating the integration of dApps as well as easy development. This will allow the easy onboarding of decentralized applications that are developed on Ethereum.Is the Helios Protocol Better Than Existing Blockchains?
There are 2 most popular and famous consensus algorithms, which are Proof of Work or also known as PoW and Proof of Stake (PoS). Each of the consensus algorithms has its own features with the latter being more eco-friendly. Ethereum and Bitcoin recently used the Proof of Work or PoW consensus algorithm. The Helios Protocol has been designed and established to utilize the eco-friendly consensus algorithm, which is PoS, while maintaining the advantages of PoW, such as security, reliability, and also resistance to the centralization of power or also known as Magnetic Proof of Stake (MaGPoS).
The Helios Protocol also adopts the consensus mechanism of PoS which utilizes the principles of the Magnetic Proof of Stake or MaGPoS. It is purposed to create a network that is more eco-friendly as well as consumes less energy. This also allows the Helios Protocol to provide immutability at the same level as PoW networks but with higher and better security. The holders of the Helios coins or also known as HLS are rewarded because they hold the token in their wallets.
TEAM
PROJECT CONTIBUTORS- Tommy Mckinnon, Founder & CEO
- Robert H. Reeves Jr., Operations Coordinator
- Mark Laporte, Social Media Marketing
- Nicholaus Kliesen, Community Manager
- Joshua Broshar, Quality Assurance
- Raj Ladumor, Graphic Designer
- Gerardo Montero, Software Developer
- Lacroy Plays, Volunteer
- Sean Tanner
- Casey Linsenbigler
- Andrew French
- Daniel Thwaites Sr.
- Robert Lipski
- Eliécer Hernández
- Kevi Salazar
- Michael Baker
- Ashton Addison, CEO/Founder of EventChain
- Kenny MacKenzie, Strategic Consultant at Predictable Revenue
Roadmap
Apr 2018 - Create project branding and design
Apr 2018 - Set up discord, telegram, github, twitter
Apr 2018 - Deploy token smart contract
Apr 2018 - Write technical whitepaper
May 2018 - Launch website
May 2018 - Post topic to bitcointalk forum
Jul 2018 - Release blockchain prototype
Jul 2018 - Growth of Helios team
Q4 2018 - Testnet stage 1
Ongoing - Hackathons
Ongoing - dApp ecosystem expansion
Ongoing - Marketing and community outreach
Q1 2019 - Initiate dApp incubator program
Q1 2019 - Wallet and API development
Q1 2019 - Testnet stage 2
Q2 2019 - Testnet stage 3
Q2 2019 - Mainnet stage 1
Jun 2019 - Year of 5x masternode bonus starts
Jul-Aug 2019 - Token swap
Q3/Q4 2019 - Testnet stage 4
Q1 2020 - Mainnet stage 2
Q2/Q3 2020 - Mainnet stage 3
Official Link
$HLS: 0xCcd1C30Ac4091e33F6327F727f615eeBC9Ee6929
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