The Helios platform is made up of a large
number of independent
blockchains connected through a DAG:
Every wallet address has its own blockchain that contains only transactions to or from that particular
wallet address. All blockchains are connected through a DAG formed by transactions. When a transaction takes place, it is only added to the blockchains of the sender and
receiver. The blockchains of all other wallet addresses are entirely unaffected. This completely
eliminates the bottleneck caused by requiring all transactions to be placed on a single blockchain
and allows transactions between different users to occur concurrently. The transaction throughput
also grows with the number of wallet addresses on the blockchain allowing it to scale indefinitely.
The Helios platform will be capable of executing Solidity based smart contracts and dApps. This will allow the creation of efficient, fast, and secure decentralized solutions to vastly improve systems such as governance, financial technology, energy grids, supply chains, social networking, health care, fake news, climate change etc... Furthermore, the use of Solidity as the language will enable rapid adoption by the existing development community and seamless migration of existing dApps.
This is the very first phase of the project and will have deliverables of all the groundwork and non-blockchain items. These are required to build a strong brand and community for Helios. A fundamental principle of any blockchain is to provide true freedom from centralized powers by having a fully decentralized and democratic community. Therefore, we recognize the importance of developing a strong community for the Helios project.
The Helios protocol prototype is also under active development throughout phase 1, but will be delivered in phase 2.
This phase of the project will involve ramping up blockchain development and creating all of the tools for the community to get involved in order to accelerate growth of the project. In this phase, we aim to prove that this blockchain can accomplish all of the things we say it can. We believe this phase will open the eyes of potential developers and community members and show them the true power of the Helios protocol.
Release blockchain prototype July 2018
This prototype will be a proof of concept for the new parallel blockchain protocol, consensus mechanism etc...
- Growth of Helios teamJuly 2018
Hiring more team members.
- Testnet stage 1Q4 2018
Internal testing of the node software where we program unit tests for every part of the software. After the unit tests pass, we set up our own network of nodes and run real world tests that prepare the nodes for what they will see at mainnet. In this stage, the blockchain database will be reset very often, so any transactions won’t remain for long.
- Hackathons Ongoing
Schedule hackathons to encourage dApp development.
- dApp ecosystem expansion Ongoing
Reach out to Ethereum dApp developers and help them migrate to the Helios blockchain
- Marketing and community outreach Ongoing
- Initiate dApp incubator program Q1 2019
This phase of the project will involve continued marketing and development of the test net with support for smart contracts and dApps.
This is the final phase of development. After this phase we will continue marketing and growing the community and ecosystem indefinitely.
- Wallet and API developmentQ1 2019
- Testnet stage 2Q1 2019
- Testnet stage 3Q2 2019
- Mainnet stage 1Q2 2019
Launching of the mainnet commences with smart contracts disabled. We will continue to have smart contracts enabled on the testnet, but will wait until they have been thoroughly tested before enabling them on mainnet.
- Year of 5x masternode bonus startsJune 30 2019
For the first year we are offering a massive 5x bonus on masternode staking rewards. Find out more here.
- Token swapJuly and August 2019
The token swap will most likely take place during mainnet stage 1, but we may decide to have it at mainnet stage 2 instead.
- Testnet stage 4Q3 and Q4 2019
Testing continues on smart contracts, Dapps, and interactions with these through our API’s. Adding new features that run through smart contracts (more info coming soon).
- Mainnet stage 2Q1 2020
Enabling of smart contracts on mainnet
- Mainnet stage 3Q2 2020 or Q3 2020
Adding webservers to all nodes so that DApps can be hosted directly from the blockchain. Adding DNS service running on the blockchain. Creating Google Chrome plugin that allows end-users to browse our new decentralized internet by connecting directly to nodes on the network.
Total Supply: 350,000,000
All allocated coins will be distributed over a 5 year timeframe. This results in distributing the coins to a larger number of users which eliminates centralization of staking power.
NO TEAM COINS
There is no allocation of coins reserved specifically for the team or founders. Helios Protocol is a community driven project, where progress is fueled by bounties. Team members earn HLS by doing bounties just like everyone else.
As the cryptocurrency and legal environment changes over time, we will be continuously adapting and making tweaks and changes to the distribution plan to ensure the continued success of the project.
The founders and team members have payed for all development of the project out of their own savings. We all have personal stake in the game providing increased motivation to create the decentralized web.
Daniel Thwaites Sr.
CEO/Founder of EventChain
Want to join the team?
We are a rapidly growing company and are always looking to expand our team.
Be part of the future of blockchain and the decentralized revolution.