GUIDANCE ON CREATING INFORMATIVE CONTENTS ABOUT HELA PROJECT AS AMBASSADOR

Creating educational content for HeLa ambassador program involves conveying complex concepts in a clear and engaging manner. Here’s a structured approach to creating informative and compelling content

1.Understand the Audience:
Target Audience: Identify who your content is aimed at (e.g., beginners, investors, developers).
Knowledge Level: Gauge the audience’s familiarity with HeLa project.

2. Content Types:
Articles: Structured blog posts or articles covering different aspects of HeLa project (technology, tokenomics, use cases).

Videos: Tutorials, explainers, interviews, or HeLa project updates delivered via video format.

Tutorials: Step-by-step guides on using HeLa project features, wallets, or participating in events like staking.

3. Content Creation Tips:
Clarity and Simplicity: Use clear language and avoid jargon when possible. Explain technical terms if necessary.

Visuals: Incorporate charts, diagrams, and infographics to visually explain concepts.

4. Structure and Flow:
Introduction: Briefly introduce the topic and its relevance.

Body: Break down complex topics into digestible sections or steps.

Conclusion: Summarize key points and provide a call to action (e.g., join the community, try a feature).

5. SEO and Discovery:
Keywords: Research and include relevant keywords for search engine optimization (SEO).

Tags and Metadata: Optimize meta descriptions, tags, and titles for better discoverability.

6. Engagement and Feedback
Call to Action: Encourage readers/viewers to engage with comments, share content, or join discussions.

By following these steps, ambassadors can create content that not only educates but also inspires and engages their audience, fostering a deeper understanding and appreciation of HeLa community 🔥

We are hiring creative writers and Ambassador

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Mitigating Potential Negative Consequences of Web3 Technologies

Web3 technologies, characterized by decentralized networks and blockchain-based systems, promise transformative benefits but also pose significant risks. To navigate these challenges effectively, it's crucial to understand and address the potential negative consequences associated with Web3.

1. Privacy Concerns

Web3 introduces heightened transparency, but this can inadvertently lead to privacy issues. Public blockchains record all transactions, potentially exposing sensitive information. To mitigate this, developers should implement advanced encryption methods and privacy-focused protocols like zk-SNARKs (Zero-Knowledge Succinct Non-Interactive Arguments of Knowledge), which allow for transaction validation without revealing underlying details.

2. Security Risks

The decentralized nature of Web3 can sometimes lead to vulnerabilities in smart contracts and decentralized applications (dApps). Smart contract bugs or exploits can result in substantial financial losses. Regular security audits, bug bounty programs, and adopting formal verification methods can help identify and address these vulnerabilities before they are exploited.

3. Scalability Challenges

Web3 technologies often face scalability issues, which can lead to slower transaction speeds and higher costs. Solutions such as layer 2 scaling, sharding, and alternative consensus mechanisms (e.g., proof-of-stake) are essential to enhance scalability while maintaining decentralization and security.

By delving into these areas and adopting proactive measures, stakeholders in the Web3 space can work towards minimizing negative consequences and steering the technology toward its ultimate potential in a safe and beneficial manner.

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HeLa is hiring creative writers and thinkers

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Driving Positive Change as a HeLa Ambassador

As the world embraces the transformative potential of Web3, your role as a HeLa Ambassador is crucial. We invite you to lead the charge in fostering innovation, inclusivity, and sustainability within this exciting frontier.

Here's how you can make a difference:

1.Champion Education:
Spread awareness about the benefits and opportunities of Web3 technologies. Host workshops, webinars, and discussions to demystify decentralized systems and empower others with knowledge.

2.Promote Ethical Practices:
Advocate for transparency, security, and ethical behavior within the HeLa ecosystem. Help build and support projects that prioritize these values.

3.Foster Inclusivity:
Encourage diverse participation in HeLa communities. Create spaces where all voices are heard and valued, ensuring that innovations benefit everyone.

4.Collaborate for Impact:
Partner with other ambassadors, developers, and organizations to drive meaningful projects and initiatives. Collaboration amplifies our collective impact and accelerates progress.

5.Lead by Example:
Demonstrate the potential of Web3 through your own practices. Engage with decentralized applications, support emerging technologies, and exemplify the positive change you wish to see.

Join us in shaping a future where Web3 drives not just technological advancement, but positive societal change. Your passion and dedication can transform the digital landscape for the better. Let’s build a more inclusive, innovative, and ethical Web3 world together.

Act now – become a HeLa Ambassador and lead the way forward!

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EVM COMPATIBILITY AND USERS EXPERIENCE

Experience
Ethereum Virtual Machine (EVM) compatibility is a significant feature for blockchain platforms, like HeLa Labs, as it greatly enhances user experience, especially for those new to the blockchain world. Here’s how it contributes to a better user experience:

1.Familiarity for Developers
EVM compatibility simplifies the development process by allowing developers with prior experience in Ethereum’s programming model to seamlessly transition to the new platform. This familiarity significantly reduces the time and effort required to build or migrate applications, providing a more accessible and efficient development environment.
Developers can leverage their existing knowledge and skills, making it easier to harness the potential of the platform and innovate within the ecosystem. This compatibility not only benefits individual developers but also contributes to the growth and adoption of the platform by fostering a developer-friendly ecosystem.

2.Ease of Application Migration
Existing applications built for Ethereum can be migrated to the EVM-compatible platform with minimal changes. This not only saves time and resources but also encourages developers to expand the reach of their applications to new ecosystems.

3.Broad Tooling and Library Support
EVM compatibility offers developers access to a vast array of tools and libraries within the robust Ethereum ecosystem. This wealth of resources empowers developers to expedite their development processes and avoid the need to recreate fundamental components.

4.Access to a Larger User Base
EVM compatibility extends the reach of applications to a larger user base. Users already familiar with Ethereum-based applications will discover a seamless transition to similar applications on an EVM-compatible platform, eliminating the need for a significant learning curve.

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PARTNERSHIPS AND NETWORKING AS HELA AMBASSADOR

As HeLa Ambassadors,you might work on establishing partnerships and networking with other influencers or projects.

In the realm of Partnerships and Networking for HeLa project, Ambassadors will play a key role in:

1.IDENTIFYING POTENTIAL PARRNERS: HeLa Ambassadors will seek out and propose collaborations with other projects, businesses, or influencers that align with the HeLa project’s goals and values.

2. BUILDING RELATIONSHIPS:

They establish and nurture relationships with key figures, including industry influencers, thought leaders, and other projects, to foster collaboration and mutual benefit.

3.FACILITATING INTRODUCTIONS:

Ambassadors may introduce the project team to potential partners or influential contacts, leveraging their network to open doors for new opportunities.

4.NEGOTIATING PARTNERSHIPS:

They may assist in negotiating terms and agreements for partnerships, ensuring that both parties benefit and that the project’s interests are well-represented.

5. COORDINATING JOINT VENTURES: Ambassadors help coordinate joint activities, such as co-hosted events, webinars, or marketing campaigns, to amplify reach and impact.

In conclusion,effective partnerships and networking efforts by ambassadors can significantly expand a project’s reach and create valuable opportunities for growth and collaboration in HeLa community.

HeLa is Hiring creative writers and content creators

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HOW HELA FOSTER TRUST WITH DECENTRALIZED DIGITAL IDENTITY (DID)

The concept of Decentralized Digital Identity (DID) as introduced by HeLa Labs is a significant step towards enhancing privacy and trust in the digital world. This system revolutionizes the way digital identities are managed by decentralizing control, meaning that individuals have greater power and autonomy over their personal information.

HOW DECENTRALIZED DIGITAL IDENTITY WORKS

DID systems work by allowing individuals to create and control their identity without relying on a central authority. This decentralized approach means that identities are not stored in a single database, reducing the risk of data breaches and misuse of personal information. It also means that users can selectively share information with different entities, giving them more control over their privacy.

KEY BENEFITS OF DECENTRALIZED DIGITAL IDENTITY

The Decentralized Digital Identity has some key benefits to the users which include the following;

1.Enhanced Privacy:
Users can choose what personal information to share and with whom, significantly reducing the risk of privacy violations.

2. Increased Security:
Decentralized systems are generally more resistant to hacking and unauthorized access, as there is no single point of failure.

3.Greater Control:
Individuals can manage their digital identities more directly, updating or revoking access as needed.

4.Transparency and Accountability: The system’s decentralized nature fosters a transparent environment where all transactions and interactions can be verified without revealing personal data.

In conclusion,this innovation is especially relevant in our current era, where digital interactions are omnipresent and concerns about data privacy and security are at an all-time high. By giving individuals control over their digital identity, HeLa Labs is contributing to a more secure, private, and trustworthy digital ecosystem.

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The Pillars of HeLa Labs Web3 Innovation

HeLa Labs approach to Web3 innovation is grounded in three fundamental principles:

1. Practicality
2. Scalability and
3. Security.

1.Practical Solutions
At the core of HeLa Labs’ innovation strategy is the focus on practicality. This means they prioritize creating technologies and solutions that can be effectively applied in real-world scenarios. It’s not just about having cutting-edge technology but about making sure that this technology can solve actual problems and be used by people and organizations in their daily operations.

2. Scalability with HeLa Chain
Scalability is a critical aspect of blockchain technology. HeLa Labs Layer-1 solution, HeLa Chain, is designed to be modular, which is crucial for scalability. A modular design allows for components to be added, removed, or upgraded without impacting the entire system, making it easier to scale and adapt to changing needs. The integration of various digital assets into HeLa Chain is an example of this scalability, ensuring that the platform remains relevant and useful as new types of digital assets emerge.

3. Security Measures
Security in the digital space, especially in blockchain technology, is non-negotiable. HeLa Labs addresses this with a strong emphasis on security protocols. Their robust consensus protocol is a key part of this, ensuring that transactions and interactions on the blockchain are verified and secure. Additionally, engaging professional validators is a significant step towards maintaining a high level of security.

NOTE: Validators play a crucial role in blockchain networks, helping to process transactions and maintain the integrity of the blockchain. Professional validators mean that there’s an added layer of expertise and reliability in the network’s operation.

HeLa Labs’ approach to Web3 innovation is comprehensive, focusing on practicality, scalability through its modular HeLa Chain, and rigorous security measures.

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HELA NATIVE TOKEN UTILITY (HLUSD) AND VALUE PROPOSITION

In HeLa community, HeLa Native token (HLUSD) can serve multiple purposes within HeLa ecosystem, providing various value propositions for users. Here’s a breakdown of common uses and benefits:

1. Governance:
Voting Rights: Tokens often grant holders the ability to vote on proposals, changes, or upgrades within the project. This decentralized governance allows users to influence the direction and development of the project.

2. Transaction Fees:
Fee Payments:HeLa native token may be used to pay transaction fees or gas fees on the platform. This can streamline processes and incentivize token usage.

3 . Staking:
Earning Rewards: Users can stake tokens to earn rewards or interest, participate in network consensus, or secure the network. Staking often involves locking up tokens for a period, which can enhance security and incentivize long-term holding.

4. Access and Utilities:
Platform Access: Tokens can provide access to certain features, services, or content within the ecosystem. For example, they might be required to use premium services or participate in exclusive events.

5. Incentives and Rewards:
User Rewards: Tokens are used to incentivize desired behaviors, such as contributing to the network, completing tasks, or referring new users. Reward systems encourage active participation and engagement.

6. NFT Interactions:
Purchasing or Minting NFTs: Tokens can be used to buy or mint non-fungible tokens (NFTs) within the ecosystem, enabling ownership and trading of unique digital assets.

7. Rewards and contributions:
Content Creation and Participation: Tokens can reward users for contributing content, participating in community activities, or helping with project development.

In conclusion,HeLa native token’s versatility within the ecosystem drives user engagement, enhances the HeLa project’s functionality, and provides a range of economic and participatory benefits.

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STEP BY STEP GUIDES FOR NEW AMBASSADORS ON HOW TO ENGAGE WITH HElA PROJECT

Here's a step-by-step guide for new ambassadors to help them get started with a Web3 project which include; setting up accounts, understanding the platform, and participating in community activities.

1. Welcome and Introduction

Welcome Message: Read the welcome message from HeLa project team or community leaders.

Overview: Understand the mission, vision, and goals of HeLa project.

2. Set Up Your Accounts

Create a Web3 Wallet: Follow instructions to create a Web3 wallet (e.g., MetaMask, ) if you don’t have one and add the HeLa Mainnet Network

3.Join Communication Channels:
Sign up for project-specific communication channels like Discord, Telegram, etc.

Register on Project Platform: If applicable, create an account on Hela’s mainnet platform or app.

3. Learn About the Project

Read Documentation: Go through HeLa whitepaper, FAQ, and other available documentation to understand its technology and goals.

Watch Introductory Videos: View any introductory videos or webinars provided by the HeLa.

4. Understand the Platform

Explore the Dashboard: Familiarize yourself with HeLa project's dashboard or main interface.

Learn Key Features: Understand key features and functions of the HeLa.

5. Participate in Community Activities

Join Discussions: Engage in discussions on the HeLa's forums, chat channels, or social media groups.

Attend Events: Participate in online and offline events such as webinars, AMAs, or meetups.

6. Promote the Project(HeLa)

Share Content: Use provided resources to create and share content about the HeLa on your social media and other platforms.

Host Events: Organize and host community events or webinars to raise awareness about HeLa project.

7. Provide Feedback

Gather Insights: Collect feedback from the community regarding their experience with the HeLa.

Report Issues: Share any technical issues or concerns with HeLa project team.

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STRATEGIES FOR FOSTERING AN ACTIVE AND SUPPORTIVE HELA COMMUNITY AROUND OTHER WEB3 PROJECTS

Building and engaging a community around a Web3 project is crucial for its success. Here are strategies to foster an active and supportive community like HeLa:

1. Clear Vision and Mission:

Articulate a compelling vision and mission that resonate with potential users and contributors.
Ensure transparency in goals and progress to build trust.

2.Effective Communication Channels:

Utilize multiple platforms (Discord, Telegram, Twitter, etc.) to engage with different segments of HeLa community.
Provide regular updates, respond to questions, and facilitate discussions.

3.Educational Content and Resources:

Offer tutorials, webinars, and documentation to help users understand the project and how to participate.
Create a knowledge base with FAQs, guides, and best practices.

4.Incentive Programs:

Implement reward systems like airdrops, staking, or token-based incentives for active participation and contributions.
Recognize and reward HeLa community members who make significant contributions.

5. Community-Driven Development:

Involve HeLa community in decision-making processes through governance mechanisms or feedback loops.
Encourage and support community-driven projects or proposals.

6.Collaborations and Partnerships:

Partner with other projects, influencers, and organizations to expand reach and credibility.
Host joint events, AMAs, or collaborative initiatives to engage a broader audience.

7.Events and Meetups:

Organize virtual and in-person events such as hackathons, conferences, and networking meetups.
Use these events to foster connections and generate excitement around the project.

Search for us on twitter (HeLa_Labs), let's build and aid in the growth and success of HeLa

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HOW HELA ENABLES PRIVACY PROTECTION AND PROVIDES FLEXIBILITY AND AUDITABILITY

Hela leverages a Trusted Execution Environment (TEE)and cryptography (e.g., asymmetric and symmetric encryption, key exchange algorithm, secret sharing) to provide confidentiality.

WHAT IS A TRUSTED EXECUTION ENVIRONMENT (TEE)

A TEE is a hardware component providing a secure area of a main processor that guarantees code and data loaded into the TEE is protected with respect to confidentiality and integrity. It provides a shielded execution space, separate from the rest of the device, where applications can run securely
even if the wider system is compromised.

This is achieved by ensuring that the code and data residing inside the TEE are inaccessible to other software running on the same device, including the operating system.

Additionally, the TEE remains isolated from the ’hypervisor’—a software layer that allows multiple operating systems to run on a single physical machine by virtualizing the hardware resources.

HELA ON PRIVACY PROTECTION

For privacy protection, TEE has certain advantages over zero-knowledge proofs (ZKP). ZKPs are cryptographic methods which allow one party to prove to another that a given statement is true, without conveying any additional information.

ZKPs are also potent tools for privacy protection,
they can be computationally expensive and complex to implement, often requiring significant resources and time. On the other hand, TEEs, by their design, offer a more streamlined and efficient solution 

NOTE :TEEs can process large amounts of
data quickly and securely, providing real-time data protection. They do not require heavy computational resources, and are thus more cost-effective and scalable.In addition, TEEs offer a versatile solution, as they can handle various types of data and different forms of computations, while ZKPs may require specific constructions for different types of computations.

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MOTIVATION BEHIND HELA

After observing the various issues existing across the current blockchain ecosystems, we are motivated to propose Hela, a next-generation Layer 1 public blockchain network. Hela’s objective is to solve the issues that blockchains has been facing which will make it a very adoptable Layer 1 blockchain compared to what is currently available in the market.

HELA’S PROPOSAL TO SOLVE BLOCKCHAIN PROBLEMS

To address the issues that blockchains has been facing over the years and achieve our objectives, Hela has made the following key design proposals.

1. HeLa propose a modular architecture with an integration layer to address the problem of data fragmentation and poor interoperability. By using our novel integration layer, users and Dapps can interact securely and efficiently with each runtime and other chains at this layer.

2. HeLa propose flexible and auditable confidentiality and multi-level decentralized identity management to balance privacy protection, personal sovereignty, and the compliance and auditability of data.

3. Finally, HeLa propose the use of stablecoins
for transaction fee settlements to reduce the impact of price fluctuations on users and enhance usability.

In addition, Our communitydriven token governance model also adds transparency and decentralization to the process of managing tokens in Hela, benefiting its long-term operation

HeLa has solved lots of blockchains problems and are aiming into bringing Web3 to real-world adoption.

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INDEPTH KNOWLEDGE ON ALL THE DUTIES OF HELA AMBASSADOR

HeLa is launching an Ambassador Program and we are in search for creative content creators and writers that will help promote HeLa to the highest level and by so doing you have to understand your duties as HeLa Ambassador if Selected 👌

HeLa Ambassador Program is sub divided into 5 Tiers which include;
1. HeLa Rangers
2. HeLa Scouts
3. HeLa Explorers
4. HeLa Legends
5. HeLa Guardians

In each Level,you have a part to play but this article comprises of the general duties when successfully selected/chosen as HeLa Ambassador and that is only when you have completed all zealy tasks and had achieved the HeLa Guardian role 🥰

WHAT YOU WILL DO AS HELA AMBASSADOR

An ambassador in HeLa community will be entitled to the following responsibilities, which might include;

1.Community Engagement:
Foster and manage relationships within HeLa community to build trust and support.

2.Content Creation:
As HeLa Ambassadors,you must generate and share content, such as blog posts, videos, or social media updates, to spread awareness about HeLa

3. Education:
As HeLa Ambassador, you must be able to Provide information and educational resources to help people understand HeLa’s technology and benefits

4. User Support:
Assist with answering questions and resolving issues within the HeLa discord and telegram community.

5. Onboarding:
HeLa Ambassadors must be able to help new users get started with the HeLa project and understand how to use its products or services.

This are just some of the key duties you are to carry out as HeLa Ambassador.

Don't miss out on this opportunity to be part of HeLa Ambassador Program
we are hiring

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HELA ON DESIGNING SOUND TOKEN MECHANISMS

HeLa has proven that there are truly the next generation of Layer 1 blockchain protocols, built upon the principles of Web 3.0. Designed with a user-centric approach. Hela also empowers users
by providing enhanced asset integration, flexible personal sovereignty, and an exceptional user experience, while ensuring auditability and compliance of their data.🔥

From my best of knowledge,HeLa has been able to provide technological solutions to most technological problems that blockchain has been facing such as data fragmentation,inadequate Confidentiality Mechanisms and moreover volatile Transaction Fees.

HOW HELA DESIGNED SOUND TOKEN MECHANISMS

Many existing blockchains lack rigorously sound tokenomics, meaning that their designs, such as coin minting processes or reward allocations to nodes, were determined without careful consideration of the effects on human behavior

However, tokenomics must be objective-driven; it is crucial to first establish the ideal situation, such as ensuring robustness against potential attacks, and then design tokenomics to achieve that goal.

HeLa's primary objective for tokenomics is to ensure that all key nodes function as intended and that Hela remains secure against any malicious activities.

MEASURES TAKEN BY HELA TO ACHIEVE THEIR OBJECTIVE

HeLa has considered some key measures that will help them achieve their set primary objective which include;

1.HeLa allocate an adequate amount of tokens as incentives for node operation.

2 . HeLa also introduce staking and punishment mechanisms to deter malicious entities from attacking Hela, assessing their impact on the network’s security.

Conclusively,By implementing a comprehensive and theoretically sound tokenomics system, Hela fosters a secure, sustainable, and equitable ecosystem, ensuring that participants are appropriately incentivized and the network remains resilient against potential threats.

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COUNTERMEASURE TO STABLECOIN DEVALUATION

In this article, we will be laying our focus on the measures taken by Hela to prevent stablecoin devaluation but before then we have to first understand what is HeLa_Labs 👌

HeLa Labs is hi tech company developing a next-generation Layer-1 blockchain protocol. It is designed for real-world adoption together with renowned scientists and engineers.

HeLa also designs and combined outstanding features that can support builders of all levels, from startup to big enterprises. The HeLa ecosystem is open and inclusive, providing a level playing field for all builders to create and innovate.

MEASURES TAKEN BY HELA TO COUNTER STABLECOIN DEVALUATION

Hela uses stablecoin to settle transaction fees, and FIAT currencies exhibit inflation. Inflation leads to a diminishing purchasing power vis-avis other currencies or a basket of goods.

On the Hela blockchain the effect would be that transaction fees charged, do not adequately reward compute nodes anymore. Moreover, it also would devalue the insurance fund.

To address this issue, the Hela community can periodically vote on the adjustment of transaction fees to better balance user expenses against node rewards (i.e., HLUSD).

NOTE:
Hela is implementing an insurance fund
mainly to reduce the impact of unforeseeable events affecting the Hela ecosystem. Moreover, the fund is also responsible for controlling the inflation of the HELA token.

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HELA ON STABLECOIN GOVERNANCE

The governance of stablecoins is critical for ensuring transparency, decentralization, and accountability in their operation. While blockchain technology itself is decentralized,
many decentralized applications (DApps), including stablecoins, are often controlled by a single entity or owner of the smart contracts, which introduces a level of centralization

This centralization raises concerns regarding the control and management of stablecoins, as demonstrated by various controversies and incidents in recent history.

HOW HELA ENHANCE TRANSPARENCY AND DECENTRALIZATION IN STABLECOIN GOVERNANCE

Hela and the team proposes a set of on-chain and community-driven governance mechanisms.

Hela introduces an on-chain voting mech￾anism to regulate critical processes like minting, burning, whitelisting, blacklisting, and other significant actions related to stablecoin operations. The proposed governance model involves a committee consisting of reputable companies who will be responsible for managing the portfolio of FIAT-based assets and their custody, regular auditing.

The governance model consists of five roles and six actions in our system: role Admin with actions set_role and set_quorum, role Minter with action mint, Burner with burn, Whitelister with whitelist and Blacklister with blacklist.

Each role is exclusively permitted to raise proposals within their designated purview. For instance, an Admin role can propose actions related to role modifications by set_role or quorum adjustments by set_quorum. A Minter role can propose new minting action by mint etc. The proposal process involves a voting mechanism wherein roles, other than the proposer, cast their votes as yes, no or abstain.

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THE USE OF STABLECOINS AS TRANSACTION FEES IN HELA (HLUSD)

Do you know that for HeLa to ensure transaction fee pricing does not fluctuate based on the volatility of the native token, Hela proposes to use stablecoins for transaction fee settlement.

Since the actual processing of users’ transactions occurs at the execution layer, the settlement of transactions via stablecoin also occurs at the execution layer (by default within the official runtime).

Hela uses a gas fee model similar to that of Ethereum, where the gas fee consumed per transaction is related to the complexity of the transaction. The gas fee is in turn converted equivalently to stablecoin for settlementTherefore, Hela implements stablecoin support at the lowest level of the execution layer, making them a native token of the official runtime.By default, the stablecoin used by Hela is HLUSD (HelaUSD), a fiat-collateralized stablecoin anchored to the U.S. dollar 🔥.

Moreover, HLUSD is backed by "off-chain" reserves of FIAT currency - the "collateral". A regulated company is responsible for controlling the FIAT funds and minting or burning the HLUSD tokens in the runtime accordingly.

To bring to your notice,HeLa design a dual
token mechanism in the official runtime. Specifically, HLUSD exists as a native token in the official runtime, while HELA will be stored in the form of ERC20 tokens in a system-level smart contract.In conclusion, in Hela, HELA tokens
are produced on the consensus layer, while HLUSD is minted in the execution layer (the official runtime).

In addition, in Hela, HELA tokens
are produced on the consensus layer, while HLUSD is minted in the execution layer (the official runtime).

If you are not part of HeLa community then you are already missing out

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HELA_LABS ON STAKING

Hela represents the next generation of Layer 1 blockchain protocols, built upon the principles of Web 3.0. Designed with a user-centric approach, Hela empowers users by providing enhanced asset integration, flexible personal sovereignty, and an exceptional user experience, while ensuring auditability and compliance of their
data.

STAKING DELEGATION IN HELA

Delegation

Staking delegation is a mechanism that allows participants to delegate their staking rights to other validators on the network.

On Hela, staking involves holding and “staking” a certain amount of HELA tokens as collateral to secure the network and participate in block validation. However, not everyone may possess the technical expertise, resources, or competitive edge to run their validator nodes or effectively cover the costs associated with node operation. Staking delegation addresses this challenge by enabling individuals to delegate their staking rights to trusted and competent validators who can carry out the validation process on their behalf. By delegating their stake, participants can still earn staking rewards.

Under a delegation mechanism, participants have three choices, these choices include;

(i) operating a node to run for validators,
(ii)becoming a delegator, and
(iii) abstaining.

Researchers have studied participants’ strategic behavior using game theory.This research provides insights as to how much commission fees validators should earn to maximize their revenues. As only the internal nodes organize the committee in Phase 1, the delegation mechanism will be rolled out in
Phase 2.

In HeLa ,you can earn points in Discord and also participate in raffles to earn HLUSD ,one HLUSD =$1

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STORAGE LAYER IN MODULAR BLOCKCHAIN ARCHITECTURE

The storage layer is one of the layer in the modular blockchain architecture that stores Hela’s entire ledger and providesdata availability for Hela. The data in this layer also requires confidentiality guarantees.

The storage layer is a critical component in our blockchain infrastructure, designed to enhance the availability, reliability, and security of data across all nodes in the system. One of its primary roles is to combat ‘data withholding attacks’, where
malicious nodes refrain from sharing or publishing certain data to disrupt the system.
Such attacks can hinder the transparency and trustworthiness of decentralized networks.

By addressing this concern, the storage layer significantly improves overall transparency and trust within the blockchain.

TECHNIQUES THAT GOVERNS THE FUNCTIONALITY OF STORAGE LAYER

There are 2 techniques that plays the role of the storage layer functionality which include;

1. Data Availability sampling
2. Data Verification

1. Data Availability Sampling:

Data availability sampling is predicated on the assumption that by checking a random subset of a large data set, we can accurately infer the availability of the complete data set. This process, also known as probabilistic data checking, hinges on the robustness of erasure coding – a sophisticated method of data protection.

2. Data Verification:

is a process that certifies the correctness and consistency of the sampled data. This verification is achieved using Merkle Trees, a type of binary
tree used extensively in blockchain systems for efficient data verification.

The amalgamation of erasure coding in the data sampling process and Merkle Trees in the data verification process allows for robustness of the storage layer. The distributed storage scheme ensures a high degree of data redundancy and facilitates efficient data availability checks.

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HELA’S INTEGRATION LAYER

FUNCTION

The integration layer is responsible for state integration across runtimes and chains. This layer allows users to interact with individual runtimes and other chains.

OBJECTIVE
The first objective of Hela’s Integration Layer is the integration of assets (e.g., users’ tokens) across each runtime. This addresses the problem of data fragmentation.

In other cross-domain interoperability protocols, it is often necessaryfor each domain to maintain a cross-domain pool of assets, or to facilitate the transfer of assets via mint and burn or the use of bridges. Numerous hacking attacks have shown that such cross-domain protocols are insecure.

In Hela, however, the user’s assets will be managed by the secure integration layer. When a cross-runtime interaction occurs (e.g., a user in
runtime A wants to invoke a contract in runtime B), there is no actual cross-runtime transfer of the user’s assets. Instead, The integration layer defines a series of cross-runtime communication protocols. These operations are coordinated by the integration layer by passing different messages to the relevant
runtimes (e.g., sending the asset information of the user of runtime A that it needs to the contract of runtime B in the form of a virtual asset ).

In the future, Hela’s integration layer will focus on the integration of the execution logic in each chain. This is mainly to solve the application limitations of existing interoperability protocols and expand the application scope. Most of the exist￾ing interoperability protocols can only support simple atomic cross-chain asset transfers, but cannot realize more general atomic cross-chain.

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