Huat Oriental (HTDF) was initially launched as a public blockchain open to the global community, centered around blockchain technology. It integrates various applications and uses the unique characteristics of blockchain to address issues unresolved by traditional networks. Through analyzing existing challenges in blockchain, HTDF proposes comprehensive solutions leveraging a hybrid consensus mechanism of POS+PBFT, cross-chain technology between chain clusters, new smart contracts, identity verification mechanisms, and diversified mining technologies. These innovations are applied to a range of "Smart Home" ecosystem scenarios including entertainment games, social payments, and the Internet of Things (IoT).
In the development of blockchain technology, there are three main models: public chains, consortium chains, and private chains, each with its own characteristics. The development of public chains is primarily focused on creating more freedom, high anonymity, and resistance to censorship. Public chains are built on an open and shared attitude, allowing for low-cost decentralized construction and maintenance by many participants, catering to a global market.
Huat Oriental (HTDF) was launched as a public chain open to the global community, centered around blockchain technology. It integrates various applications and uses the unique characteristics of blockchain to address issues unresolved by traditional networks, taking into account economic models, applied mathematical structures, and computer software and hardware technologies that arise in the process.
Through analyzing existing challenges in blockchain, HTDF proposes comprehensive solutions leveraging a hybrid consensus mechanism of POS+PBFT, cross-chain technology between chain clusters, new smart contracts, identity verification mechanisms, and diversified mining technologies. These innovations are applied to a range of "Smart Home" ecosystem scenarios including entertainment games, social payments, and the Internet of Things (IoT), leading the way to the true arrival of the era of large-scale blockchain adoption.
Huat Oriental (HTDF) utilizes blockchain technology to create a "Smart Home," ushering in a fully trusted digital life, achieving consensus, interconnectivity, governance, and sharing in the blockchain era.
•Consensus: Blockchain technology ensures consensus through real-time chaining, immutability, and continuity, ensuring content consistency and form uniformity without discrepancies, which promotes effective circulation and collaboration among data.
•Governance: The distributed storage characteristic of blockchain achieves decentralization, enabling effective governance or collaboration through encryption algorithms or network protocols.
•Sharing: Huat Oriental (HTDF) uses a digital "Smart Home" as the base chain, allowing data on different chains to access data from other chains, achieving data sharing.
•Interconnectivity: Huat Oriental (HTDF), as the base chain, can connect with any chain, enabling data flow and value exchange between chains.
As a foundational public chain, Huat Oriental (HTDF) redefines the blockchain technical layer architecture for building a digital ecosystem for Smart Homes: data layer, network layer, consensus layer, incentive layer, contract layer, and application layer.
(1) Data Layer
The data layer encapsulates block data, chain structure, random numbers, timestamps, public and private key data, forming a traceable distributed encrypted database system.
(2) Network Layer
The network layer primarily implements the distributed network mechanism through P2P technology, including P2P networking mechanisms, data propagation mechanisms, and data validation mechanisms.
(3) Consensus Layer
The consensus layer employs a hybrid consensus mechanism combining PoS and PBFT, offering short block times and high efficiency. Based on PoS, PBFT enhances efficiency while effectively preventing hard forks, ensuring the security of the main chain.
(4) Incentive Layer
The incentive layer includes token issuance and distribution systems, ensuring the interests and fairness within the Smart Home ecosystem. It provides incentives through multi-ecosystem, multi-scenario mining methods, encouraging nodes across ecosystems to participate in security verification and motivating third parties to engage in the construction and partnership of Huat Oriental (HTDF).
(5) Contract Layer
In the contract layer, Huat Oriental (HTDF) integrates multiple virtual machines (EVM, WASM), allowing developers to use various programming languages to develop smart contracts, lowering the entry barrier and improving efficiency, making the Huat Oriental (HTDF) public chain infinitely scalable.
(6) Application Layer
The application layer of Huat Oriental (HTDF) implements various application scenarios by calling smart contracts in the contract layer.
As a foundational public chain, Huat Oriental (HTDF) can provide the technological foundation for a wide range of distributed service applications, allowing service teams in various industries to conveniently use distributed services without needing to understand complex systems and technologies such as blockchain, distributed ledgers, cryptographic mechanisms, distributed networks, and business operations.
Relying on blockchain technology, Huat Oriental (HTDF) enables enterprises to create scalable, standardized, easy-to-develop, and collaborative community applications. This will be the first blockchain-based, iconic Eastern Wall Street globally. As a whole, it is a comprehensive service application scenario for creating and deploying online blockchain applications, not only for digital assets but also for entertainment games, IoT smart locks, social payments, and more. Users holding HTDF can use it for asset circulation and interaction.
