Built to Last
Fast, Secure and Decentralized Blockchain
Consensus
Hekas is a DPoS blockchain built with cosmos SDK and secured by Tendermint consensus algorithm.
Decentralization
Hekas utilizes a decentralized architecture that prioritizes security and efficiency. Validators on the network have the dual role of proposing new blocks for addition to the chain or attesting the validity of blocks put forward by peer validators. These critical participants are incentivized through a rewards system for their contribution to the network’s operation.
Security
Tendermint is a software responsible for securely and consistently replicating an application on many machines. Using Tendermint, Hekas is immune to malicious attacks.
HEKAS is the native coin of Hekas Blockchain, designed to play these roles:
- Transfer money within the ecosystem.
- Transaction fees
- Staking rewards
- Voting for governance proposals
- Using as collateral for stablecoins
Pre-minted: 100 million HEKAS
Inflation rate: min & max inflation rates are 8 to 20 percent per year. (same as ATOM in Cosmos Hub)
You can also buy & sell HEKAS in centralized exchanges
Offline staking allows users to keep their cryptocurrencies in an offline wallet and gain rewards on them without running a validator node or transfer their coins to a validator.
In essence, users just delegate their wallet addresses, the coins themselves remain in the owner’s wallet and can be used any time. It’s a great feature for hodlers and Hakas fans to increase their asset as the project progresses.
Oct 2023
Running Hekas mainnet
Generating pre-minted coins
Nov 2023
Establishing Hekas blockchain explorer
Dec 2023
Running Lotus Wallet
Jan 2024
Initiating Lotus Tokenization platform
Mar 2024
Digital Identity Platform
May 2024
Offline Staking feature
Dec 2024
Lotus NFT marketplace platform
- August 2024Establishing Hekas blockchain explorer
- November 2024Initiating Lotus Tokenization platform
- April 2025Digital Identity Platform
- July 2024Running Hekas Mainnet.
Generating pre-minted coins - September 2024Running Lotus Wallet
- December 2024Offline Staking Feature
- May 2025Lotus NFT Marketplace Platform
The Tendermint consensus algorithm operates through a series of steps to achieve agreement among validators and ensure the security and validity of the blockchain. Tendermint follows a round-based consensus process, consisting of Proposal, Prevote, and Precommit steps.
The Cosmos SDK is an open-source framework for building multi-asset public Proof-of-Stake (PoS) blockchains as well as permissioned Proof-of-Authority (PoA) blockchains. Blockchains built with the Cosmos SDK are generally referred to as application-specific blockchains. The goal of the Cosmos SDK is to allow developers to easily create custom blockchains from scratch that can natively interoperate with other blockchains.
The Tendermint consensus algorithm is specifically designed to address the challenges of Byzantine fault tolerance in distributed systems. Through a Proof-of-Stake (PoS) mechanism, Tendermint establishes a network of validators responsible for validating and adding new blocks to the blockchain. These validators are carefully selected based on their reputation, expertise, and stake in the network. By employing the Tendermint consensus algorithm, Hekas ensures that the network operates in a secure and decentralized manner, mitigating the risks associated with centralized authorities or single points of failure.
The combination of EVM-compatibility, near-zero transaction fee, fast finality and innovative offline staking feature makes Hekas a unique platform in the field of distributed ledger technologies (DLTs).