Utilizing not a single blockchain , but a chain of blockchains
Hi Eliphaz, can I have a quick explanation to this phrase please?
For storing the consensus blockchain, HEAT doesn’t have one blockchain file which is ever increasing in size. Instead HEAT makes use of blockchain files of a limited size (max 5 GB each). When the latest blockchain file reaches the threshold size the protocol will automatically switch to a new blocks file, which is cryptographically linked in to the previous blocks file in a way similar to how blocks are chained to each other.
Dennis may explain more if needed.
off-heap memory mapped binary files
Also is it somewhat related to hard drive mining as was initiated by BURST coin?
What comes to the concept of using hard drive space for being eligible for block rewards, yes. As for technical implementation, AFAIK no.
I like your project but I cant quite figure out who you are targeting with this product.
Maximum attack, maximum coverage
The HEAT blockchain is just one of HEAT Ledger Ltd's products. The company's focus is intended to be in providing custom corporate solutions.
I do see use cases for both business and consumer markets. Which market is the software mainly being developed for?
Both markets. Company revenue focus on corporate side, and access to consumer markets through the HEAT token and partnership arrangements with 3rd parties who target consumers directly.
Also if you are planning HEAT as a mainstream product, how do you plan to attract people not currently in crypto?
We believe the crypto sphere is moving further away from being a realm of simple payment service primarily. Payments (transfer of digital tokens representing some categorized value) are just one basic feature offered by HEAT. While transfers are done seamlessly and on extremely high capacity (1000+ tps. Bitcoin = 7 tps?) compared to traditional cryptocurrencies, HEAT specializes in making digital asset trading flexible. So HEAT itself is
not planned as a mainstream token for the crypto naive.
That said, the multicurrency p2p client is definitely designed to be a "mainstream" product in the limited area of crypto audience. With the Fiat extensions and co-ops, for instance no-frills crowdfunding, the reach is extended drastically to users not knowledgeable about crypto.
So many of them will feel the pull, and the HEAT wallet is their gateway to the new world...
