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Author Topic: [ANN] Helix [HLIX] 3% PoW / 97% PoS hybrid with Masternodes  (Read 27954 times)
ProjectHelix (OP)
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www.helix-crypto.com


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August 25, 2018, 06:49:58 PM
Last edit: July 21, 2019, 06:24:28 AM by ProjectHelix
Merited by nathansenn (5)
 #1

You can contact us at: helixproject@helix-crypto.com

Website | Whitepaper | Discord | Twitter | Facebook | Instagram | Telegram | Reddit | Github | Helix Explorer














Downloads


Download our most up to date wallet for your platform:


Github:




Linux wallets:











Windows wallets:














OSX wallets:









Android Mobile Wallet:












Usage

Helix has numerous features. Remember that this list is not limited, and that we will always work hard to add new features:

• Fast and secure transactions.
• Strong privacy with options for both private and transparent transactions.
• Rewards for participating in the Helix network. This includes Proof of Stake (PoS) as well as the possibility for masternode rewards.
• Participating in governance and voting in important matters that concern the whole community.
• Multi-OS wallets: Windows, MacOS, Linux, and many more to come.
• Very easy access to all our features and wallets.
• We will continue to work hard on making Helix grow, check out our roadmap for details.

We believe in empowering individuals by creating a strong community. We give freedom back to the people by using our strong
Helix blockchain network and decentralized technology. This allows people to do business without
the compromise of being subject to surveillance by centralized or legal institutions.



Proof of Stake

Bitcoin uses a cryptographic hashing algorithm to encode the transactions in the blockchain. Miners create these hashes by
using a ‘Proof of Work’ (PoW) algorithm. The network hashrate is actually inflating as it requires a lot of
power to create a new block in its blockchain.

Unlike Bitcoins PoW mechanism, Helix blockchain uses a hybrid system. The first 90.200 blocks are PoW, and after this period we switch to a PoS mechanism.
The rewards a user receives depends on the amount of stake the participant has in the Helix network. The more you participate in validating and processing
Helix transactions and its blocks, the more rewards you receive. Therefore, it’s incentivized to invest in Helix as a valuable core product.



Masternodes

The value of Helix lies in its main vision: building a secure and scalable currency. Therefore, Helix implemented masternodes, which can be used to earn more Helix by passive income to increase your holdings with a great risk/reward ratio. A masternode costs 10.000 HLIX and gives a ROI of 60%.

Masternodes are enhanced nodes that are always up and running, which provide additional functions and security to the Helix network. Masternodes provide an enhanced form of staking, increase the privacy and speed of transactions and enables participation in governance and voting within the Helix community. A Helix masternode processes Zerocoin (zHLIX) transactions which ensures topnotch privacy (more about this subject under ‘Privacy’).



Privacy

Helix believes in true and strong privacy. Bitcoins transactions are traceable for anyone who’s interested to find out. A high degree of privacy doesn’t allow this potential loss of privacy. That’s why Helix implemented the Zerocoin protocol. For detailed information about Zerocoin, read their whitepaper.  

For this service, Helix coins have to convert into a zHLIX coin. This process, called ‘minting’, is provided by masternodes running on the Helix Blockchain. No traces are left behind during this process. RSA-2048 encryption makes sure no information about the users is shared whatsoever. To reverse this process, you can send your zHLIX coins to your own address back into regular HLIX coins.



Coin information

Helix is founded on September 1st 2018. A total coin supply of 500.000.000 HLIX will be created, with a functional pre-mine of 1% (5.000.000 HLIX). This will be used for marketing, development and exchange listing fees. The first period will exist of a PoW phase (10.000.000 HLIX), followed by a PoS phase (485.000.000 HLIX).



Community

The community started with a couple of early adopters who were unhappy about the way some projects were run by its developers. No innovation or vision whatsoever made us motivated to create something better. Since Helix did not have an ICO and only started with a functional pre-mine of 1%, it’s really thanks to the true core believers who put in their time and effort that made Helix a reality.

We aim to provide 24/7 support, and we believe in a community who help each other out. Positivity and fun should be your top priority as a Helix community member. In accordance to this, we created the Helix masternode governance system to bring back the power to the people. By letting you decide on important matters, you’re in control of your investment.

Join us!

More people are joining every day and we hope this growth won’t stop. Don’t feel afraid to join us and introduce yourself. We’re looking forward to meet you!

With the upcoming years ahead of us, we believe that exciting things will happen. Helix is a premium privacy ¬centric cryptocurrency, with strong features resulting in a decentralized, effectively anonymous cryptocurrency, with immediate (private) transactions and an incentivized network to provide additional services and security to the blockchain network of Helix. We will continue to work hard on the project, and hope to see you join us.



Disclaimer

Helix does not guarantee the accuracy of or the conclusions reached in this white paper, and this white paper is provided “as is”. Helix does not make and expressly disclaims all representations and warranties, express, implied, statutory or otherwise, whatsoever, including, but not limited to: (i) warranties of merchantability, fitness for a particular purpose, suitability, usage, title or noninfringement; (ii) that the contents of this white paper are free from error; and (iii) that such contents will not infringe third-party rights. Helix and its affiliates shall have no liability for damages of any kind arising out of the use, reference to, or reliance on this white paper or any of the content contained above, even if advised of the possibility of such damages. In no event will Helix or its affiliates be liable to any person or entity for any damages, losses, liabilities, costs or expenses of any kind, whether direct or indirect, consequential, compensatory, incidental, actual, exemplary, punitive or special for the use of, reference to, or reliance on this white paper or any of the content contained above, including, without limitation, any loss of business, revenues, profits, data, use, goodwill or other intangible losses.




Helix - www.helix-crypto.com
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August 25, 2018, 06:50:10 PM
 #2

Mineable: Yes (first 5%)
index932
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August 25, 2018, 06:53:18 PM
 #3

Hilux got this ticker HLX already!
ProjectHelix (OP)
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August 25, 2018, 06:58:31 PM
Last edit: September 04, 2018, 12:33:04 PM by ProjectHelix
 #4

Hilux got this ticker HLX already!

I dont see it on coinmarketcap, bittrex, binance or any other exchange.

Helix - www.helix-crypto.com
ProjectHelix (OP)
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August 25, 2018, 07:08:47 PM
 #5

Images are hopefully changed from URL to actual images once this account hits the required post count

Helix - www.helix-crypto.com
ProjectHelix (OP)
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August 25, 2018, 07:19:33 PM
Last edit: August 25, 2018, 08:13:04 PM by ProjectHelix
 #6

pool

Pools will also be posted at the release day at the same time as the wallet releases.
These releases will happen on discord and telegram first followed by the website.

Helix - www.helix-crypto.com
ekze
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August 25, 2018, 10:45:24 PM
 #7

Hilux got this ticker HLX already!

I dont see it on coinmarketcap, bittrex, binance or any other exchange.
It seems to be only done a "premine" and trying to sell those coins directly to people by direct bitcoin payments.

Crypto-bridge, Escodex.
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August 25, 2018, 11:58:44 PM
 #8

Reserved spanish translation, confirm please
hall16
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August 26, 2018, 12:16:37 AM
 #9

Helix

A Cutting Edge, Anonymized, PoS with Masternode Technology Cryptocurrency.

Website | Whitepaper | Discord | Twitter | Telegram | Github (Added on the release(September 1st))





Specifications:

Name: Helix
Ticker: HLX
Public Address Prefix: H
Algorithm: Quark
Port: 37415
Block Time: 60 seconds
Maturity: 50 confirmations
Mineable: Yes (first 5%)
Stake-able: Yes (remaining 95%)
Max Coin Supply: 500.000.000
ICO: No!

Miningpools are added on release!



Usage

Helix has numerous features. Remember that this list is not limited, and that we will always work hard to add new features:
• Fast and secure transactions.
• Strong privacy with options for both private and transparent transactions.
• Rewards for participating in the Helix network. This includes Proof of Stake (PoS) as well as the possibility for masternode rewards.
• Participating in governance and voting in important matters that concern the whole community.
• Multi-OS wallets: Windows, MacOS, Linux, and many more to come.
• Very easy access to all our features and wallets.
• We will continue to work hard on making Helix grow, check out our roadmap for details.

We believe in empowering individuals and create a strong community. We give freedom back to the people by using our strong Helix blockchain network and decentralized technology. This allows people to do business without the compromise of being subject to surveillance by centralized or legal institutions.



Proof of Stake

Bitcoin uses a cryptographic hashing algorithm to encode the transactions in the blockchain. Miners create these hashes by using a ‘Proof of Work’ (PoW) algorithm. The network hashrate is actually inflating as it requires a lot of power to create a single hash for the Bitcoin network and creating a new block in its blockchain.

Unlike Bitcoins PoW mechanism, Helix blockchain uses a hybrid system. The first 90.200 blocks are PoW, and after this period we switch to a PoS mechanism. The rewards a user receives depends on the amount of stake the participant has in the Helix network. The more you participate in validating and processing Helix transactions and its blocks, the more rewards you receive. Therefore, it’s incentivized to invest in Helix as a valuable core product.



Masternodes

The value of Helix lies in its main vision: building a secure and scalable currency. Therefore, Helix implemented masternodes, which can be used to earn more Helix by passive income to increase your holdings with a great risk/reward ratio. A masternode costs 10.000 HLX and gives a ROI of 60%.

Masternodes are enhanced nodes that are always up and running, which provide additional functions and security to the Helix network. Masternodes provide an enhanced form of staking, increase the privacy and speed of transactions and enables participation in governance and voting within the Helix community. A Helix masternode processes Zerocoin (zHLX) transactions which ensures topnotch privacy (more about this subject under ‘Privacy’).



Privacy

Helix believes in true and strong privacy. Bitcoins transactions are traceable for anyone who’s interested to find out. A high degree of privacy doesn’t allow this potential loss of privacy. That’s why Helix implemented the Zerocoin protocol. For detailed information about Zerocoin, read their whitepaper.

For this service, Helix coins have to convert into a zHLX coin. This process, called ‘minting’, is provided by masternodes running on the Helix Blockchain. No traces are left behind during this process. RSA-2048 encryption makes sure no information about the users is shared whatsoever. To reverse this process, you can send your zHLX coins to your own address back into regular HLX coins.



Coin information

Helix is founded on September 1st 2018. A total coin supply of 500.000.000 HLX was created, with a functional pre-mine of 1% (5.000.000 HLX). This will be used for marketing, development and exchange listing fees. The first period will exist of a PoW phase (10.000.000 HLX), followed by a PoS phase (485.000.000 HLX).


The following table show the coin specifications:


The following table shows the block rewards. They adjust after a certain amount is reached, to control inflation of the supply of Helix:



Community

The community started with a couple of early adopters who were unhappy about the way some projects were run by its developers. No innovation, fake promises and continues lies made us motivated to create something better. Since the project did not have an ICO and only started with a functional pre-mine of 1%, it’s really thanks to the true core believers who put in their time and effort that made Helix a reality.

We aim to provide 24/7 support, and we believe in a community who help each other out. Positivity and fun should be your top priority as a Helix community member. In accordance to this, we created the Helix masternode governance system to bring back the power to the people. By letting you decide on important matters, you’re in control of your investment.

Join us!

More people are joining every day and we hope this growth won’t stop. Don’t feel afraid to join us and introduce yourself. We’re looking forward to meet you!

With the upcoming years ahead of us, we believe that exciting things will happen. Helix is a premium privacy centric cryptocurrency, with strong features resulting in a decentralized, effectively anonymous cryptocurrency, with immediate (private) transactions and an incentivized network to provide additional services and security to the blockchain network of Helix. We will continue to work hard on the project, and hope to see you join us.



Disclaimer

Helix does not guarantee the accuracy of or the conclusions reached in this white paper, and this white paper is provided “as is”. Helix does not make and expressly disclaims all representations and warranties, express, implied, statutory or otherwise, whatsoever, including, but not limited to: (i) warranties of merchantability, fitness for a particular purpose, suitability, usage, title or noninfringement; (ii) that the contents of this white paper are free from error; and (iii) that such contents will not infringe third-party rights. Helix and its affiliates shall have no liability for damages of any kind arising out of the use, reference to, or reliance on this white paper or any of the content contained above, even if advised of the possibility of such damages. In no event will Helix or its affiliates be liable to any person or entity for any damages, losses, liabilities, costs or expenses of any kind, whether direct or indirect, consequential, compensatory, incidental, actual, exemplary, punitive or special for the use of, reference to, or reliance on this white paper or any of the content contained above, including, without limitation, any loss of business, revenues, profits, data, use, goodwill or other intangible losses.

hall16
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August 26, 2018, 12:18:43 AM
 #10

Helix is founded on September 1st 2018. A total coin supply of 500.000.000 HLX was created, with a functional pre-mine of 1% (5.000.000 HLX). This will be used for marketing, development and exchange listing fees. The first period will exist of a PoW phase (10.000.000 HLX), followed by a PoS phase (485.000.000 HLX).

Founded on September 1st 2018?  Huh Last I check we're still in the month of August 2018
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August 26, 2018, 12:38:41 AM
 #11

Hilux (cryptobridge listing) already has HLX as ticker.
ProjectHelix (OP)
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August 26, 2018, 02:17:55 AM
 #12

Will be founded I think it means.

Thanks @kikiyai

Helix coin will go live the 1st of september! It’s just that we’ve already written the whitepaper 😄

Helix - www.helix-crypto.com
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August 26, 2018, 02:28:55 AM
 #13

Hilux (cryptobridge listing) already has HLX as ticker.

Thanks @samspaces

We will look into that!

Helix - www.helix-crypto.com
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August 26, 2018, 03:52:02 AM
 #14

profitable project because in my opinion other than we benefit from selling tokens that we bought when ICO in the Helix project we can also receive rewards if we use their platform. this is my opinion guys about this project
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August 26, 2018, 04:35:19 AM
Merited by adrianto1995 (1)
 #15


Coin information

Helix is founded on September 1st 2018. A total coin supply of 500.000.000 HLX was created, with a functional pre-mine of 1% (5.000.000 HLX). This will be used for marketing, development and exchange listing fees. The first period will exist of a PoW phase (10.000.000 HLX), followed by a PoS phase (485.000.000 HLX).

What the hell , now is august 2018 , but your project founded on Sept 2018
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August 26, 2018, 06:16:05 AM
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If you have a bounty available for spanish translation and/or for promoting your project(in english and/or spanish crypto channels)  and/or moderate your discord/telegram english and/or spanish project´s channels, promotional banners, project´s web sites, bounty manager, I would like to reserve it!, this is my portfolio and my previous works and the list of crypto channels where I can promote your project

http://bit.ly/2HvGwNx

Please let me know if you are interested with a pm, thanks and good luck with your project!
Dewiyulianaandini
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August 26, 2018, 06:21:43 AM
 #17

 A grandiose project! The team tried to glory! New interesting and promising project. Great prospects in the field of blockchain technologies. A good opportunity to invest in the development stage.
The community behid this project is really awesome! you can learn a lot about blockchain innovation which really help all the participants and members on making a successful career in block chain. so what are you waiting for, make sure that you are a part of this wonderful community
ProjectHelix (OP)
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August 26, 2018, 07:08:17 AM
 #18


Coin information

Helix is founded on September 1st 2018. A total coin supply of 500.000.000 HLX was created, with a functional pre-mine of 1% (5.000.000 HLX). This will be used for marketing, development and exchange listing fees. The first period will exist of a PoW phase (10.000.000 HLX), followed by a PoS phase (485.000.000 HLX).

What the hell , now is august 2018 , but your project founded on Sept 2018

Thanks! We are aware of it and changed it Smiley

We’re just só excited, that we want to be ahead of time 🚀

Helix - www.helix-crypto.com
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August 26, 2018, 09:33:45 AM
 #19

Welcome all! I'm the co-founder of HELIX, good to see you all here  Grin Looking forward to the (bright) future of this project.

If you have any questions, you can contact me!

Helix - www.helix-crypto.com
ProjectHelix (OP)
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August 26, 2018, 10:28:50 AM
 #20

HLX ticker has been changed to HLIX

Helix - www.helix-crypto.com
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