Aug 23, 2018
The HelixTangle is a next-generation decentralized and cognitive distributed ledger that enables people to transact, collaborate and exchange value without the need for intermediaries. The HelixTangle is the product of innovating on the idea of a blockless and chainless solution to the world of Distributed Ledger Technologies, first introduced by the Tangle methodology. In contrast to existing Blockchain platforms, the HelixTangle scales infinitely and increases the speed of transaction confirmation while it grows, allowing for massive adoption and real-world solutions including the Machine Economy and Internet of Everything (IoE). Unlike todayʼs other Tangle-oriented protocols, the HelixTangle plans to be fully distributed and genuinely decentralized. Instead of putting trust into a proprietary central authority, transactions in the HelixTangle will be considered valid based on the networkʻs global participation in achieving consensus. Ideology Founded in 2017, Helix Cognitive Computing GmbH is a Berlin-based technology company that is dedicated towards developing and creating a sustainable digital ecosystem that interconnects Everyone and Everything; without intermediaries or central authorities, and at virtually no cost. Mission By creating a “blockless and chainless”, next-generation peer-to-peer digital exchange network, called the HelixTangle, and a Cognitive Cryptocurrency ‒ HLX, the company plans to engage and help shift existing economic and political power structures across all levels of industry and society. Regarding security, Helix is working on the first transaction ledger monitored by Cognitive Security. Data needs to be immutable, and Helix is developing a cognitive security engine to maintain the integrity of data interpretation. With data security being the key order of the day in 2018 and 2019, the fraud-resistant HelixPlatform will facilitate natively secure distributed app development. The Journey is the Reward Helix focuses on easy accessibility, intuitive usability, system efficiency and the highest standard of security measures. It provides a Distributed Ledger that requires very little technical expertise nor delays commercial production by old-fashioned authentication processes. As a common payment method or trading currency, Helix can invigorate old workflows, and eliminate extraneous costs, which are typically felt by both producers and consumers. Business From a business point of view, Helix will incubate entirely new business models that combine the new machine and IoT economy with existing models. Furthermore, traditional businesses depending on third parties and intermediaries can be radically re-engineered through the use of the HelixTangle. The HelixPlatform facilitates peer-to-peer exchange through a value token represented by the acronym HLX. This modern and versatile cryptocurrency is used as the denomination for all value-transfer functions across the HelixEcosystem such as use cases. Helix aims to support ongoing efforts towards creating novel data storage systems, by promoting and incentivizing breakthrough inventions in synthetic biology research (e.g. DNA-based molecular storage systems).The exciting prospect of encoding digital data in “Wetware” has shown that it may be possible to encode every bit of data in just a few grams of synthetic DNA. With the hopes of connecting Everyone and Everything “fluidly”, Helix’s far-reaching ambition is to support scientists and developers to build high-density, scalable, molecular data storage systems.
3rd generation DLT Tangle
No Central Authorities
Zero Cost to the Protocol
The Tangle is a decentralized network based on a directed acyclic graph algorithm. This means that instead of linear brute-force computing that the Blockchain utilizes to verify data, the Tangle uses DAGs to verify data from two other nodes in the network. The DAG algorithm is the most significant difference between the Blockchain and Tangle. For more info about technology, please refer to our Whitepaper on the website: https://hlx.ai/whitepaper
Attention. There is a risk that unverified members are not actually members of the team
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