Blockchain Infrastructure

HECO, a decentralized, EVM-compatible public chain, announced today, a node election campaign from HECO MainNet, which aims to provide users with high-performance, developer-friendly and reliable large-scale commercial blockchain infrastructure.

Under the leadership of Heko’s head Leo Su, the platform is open to 21 major nodes selected by the community and 11 backed up nodes. Key nodes are eligible to make operational decisions for platform management. Both the major node and the back-up node will be rewarded with an on-chain transaction fee.

Su said, “HECO as an open platform, we want to leverage our technological resources and global reach to make blockchain services more accessible, more efficient for developers and the general public.” And to propel community supporters and generate deeper engagement with the HECO ecosystem.

To become a candidate, applicants need to know their customer processes and Heiko Chen requests that any applicant submit 5,000 HT to become an eligible node candidate. When an applicant decides to withdraw from node management, the application on the claim can be submitted within 15 days. All votes received prior to the withdrawal of the application will be approved accordingly.

The application will open at 4:00 GMT, 7 May and approved candidates will receive official notification after the campaign closes. Candidates are encouraged to campaign in their communities and the voter needs to place HT bets at the designated HECO address to create votes. For security purposes, 7,200 blocks are considered to be one unit (subject to actual results) and the HT stacking volume will be an indicator to differentiate between the master and back-up nodes.

About HECO

HECO is an EVM-compatible public chain that provides blockchain developers with an efficient and low-cost on-chain environment for decentralized applications (DAPs), smart contracts, and digital assets.

To date, HECO has recorded approximately 4.47 million total addresses with 277 million transactions performed on the platform.

By Alex Alena

Alex Alena has been the lead news writer at Cryptocurrency Updates. With a degree in communications, Matt has an uncanny ability to make the most complex subject matter easy to understand.