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What chain is heco?

青灯夜游
青灯夜游Original
2021-05-25 14:25:5119211browse

heco refers to the Huobi ECO Chain, which is a decentralized, efficient and energy-saving public chain. It is also the first product launched by the Huobi open platform. On the basis of supporting high-performance transactions, Smart contract compatibility.

What chain is heco?

The operating environment of this tutorial: Windows 7 system, Dell G3 computer.

Huobi ECO Chain (HECO) is a decentralized, efficient and energy-saving public chain. It is also the first product launched by the Huobi Open Platform. On the basis of supporting high-performance transactions, it realizes the implementation of smart contracts. compatible.

Heco is the public chain infrastructure of the Huobi Open Platform and will become the basic platform hosting users, assets and applications in the future. Huobi Open Platform is an infrastructure unified platform that is gradually open to the blockchain industry based on the technical resources, traffic resources and ecological resources of Huobi Group. This shows that Heco’s mission is not just a public chain, it will also become the birthplace of innovative technologies and innovative businesses.

As a public chain, the advantages of the public chain are:

1. The public chain can protect the rights and interests of users from the influence of program developers. If the developer develops the program on the public chain, then the developer has no right to interfere with the user.

2. Public chains can produce certain network effects. The public chain is completely open, so external users will also use it, which creates a certain network effect.

3. The threshold for accessing public chains is low. It can be accessed by anyone with sufficient technical skills, or as long as they have a computer with an Internet connection.

4. The public chain is open. Users on the public blockchain chain can generate security through their publicity, and every user can participate in transaction activities.

Therefore, Huobi Ecological Chain, as a public chain, also has these advantages. In addition, Heco supports the programmability of EVM, can only be contract compatible, and reduces the cost of opening or migration. It also has meta-transaction functions and fee reductions, further reducing on-chain costs for developers and users. At the same time, cross-chain asset transportation can be carried out to optimize the asset cross-chain experience.

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