Q&A

Frequently asked questions about HeLa Labs and its layer 1 solutions.

Introduction

Q: What is HeLa Labs? A: 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.

Q: Who are the engineers and scientists behind HeLa Labs? A: HeLa was built by many renowned scientists and engineers. Those are from reputable firms including one of the popular research firms in Singapore.

Q: What is the mission of HeLa Labs? A: HeLa, a next-generation layer 1 blockchain protocol with the mission of bringing Web3 to the real world. To achieve this, we leverage innovative features such as the use of stablecoins as gas fees, providing users with data sovereignty and the privacy through advanced cryptographic techniques such as zero-knowledge proofs and homomorphic encryption. These features are built upon a modular architecture that balances security, scalability, and decentralization.

Q: Where can I find more information about HeLa Labs? A: You can find more information here: https://helalabs.com/

HeLa Layer-1 Solution

Q: What is the Layer-1 solution provided by HeLa Labs? A: The Layer-1 solution provided by HeLa Labs is the HeLa Chain. It features a modular design with an asset integration layer that facilitates the seamless integration of assets across runtimes in a modular blockchain environment. It also includes an execution, a consensus, and a storage layer that makes the chain highly flexible and scalable. One of the special features is built-in stable coin token that plays gas fees.

Q: What is so special about the Layer-1 solution by HeLa Labs? A: HeLa Chain is unique in its design and features. It offers a built-in stable coin token that serves as the gas fee for transactions, reducing volatility and increasing real-world user adoption. It also features a multi-level decentralized identity for enhanced security and privacy-preserving transactions for added confidentiality.

Q: Does the chain support EIP-1559? A: Yes, we have implemented a header that supports EIP-1559 to be EVM compatible.

Q: How do I get the price feed oracle? Do you have Chainlink or Pyth.network? A: We have created our own price oracle, which is currently free. We are also working on integrating other price oracles.

Q: How much are the gas fees? A: We are adjusting them to average USD 0.02. HeLa chain uses its native stable coin as payment for the gas fee.

Q: Where can I get HeLa coin? A: Currently, it is not publicly available.

Getting Started

Q: Where can I find HeLa Labs documents? A : HeLa Labs documents can be found on official website: https://docs.helalabs.com/

Q: Where is the HeLa Labs token used? A: HeLa is the first Layer 1 blockchain powered by a fiat-backed stablecoin (HLUSD). Currently only HeLa USD token called HLUSD is available. This suggests that the HeLa Labs token (HLUSD) is used within the HeLa blockchain.

Q: Where can I find information about HeLa Lab's tokenomics? A: https://docs.helalabs.com/welcome-to-hela-network/hela-tokenomics

Q: In what way are HeLa Labs blockchain transactions processed, and which consensus mechanism does HeLa Labs use? A: At HeLa Labs, we've developed HeLa, our next-generation layer 1 blockchain protocol, with the clear mission of bridging the gap between the cutting-edge technology of Web3 and the real world's needs. We've realized that despite the impressive advancements in blockchain technology, mass adoption has been elusive. That's why we've focused on addressing key challenges like scalability, interoperability, privacy, and user experience.

Our approach is built on innovative features like Modular Design, the use of Stablecoin as Gas Fee, Decentralized Identity (DID), and EVM Compatibility. These elements work together to make our blockchain more accessible and practical for everyday use. As for our consensus mechanism, we've adopted the Tendermint protocol, utilizing a Byzantine-Fault-Tolerant (BFT) system. This method ensures that transactions are processed securely and efficiently, enabling trust and collaboration on our network.

Q: How can I apply for a grant to build on HeLa Labs? A: HeLa offers grant program to various start-ups. To apply for a grant program, please go here to apply link.

Use Cases

Q: What are some use cases for HeLa Labs' solutions? A: HeLa chain focuses on use cases that are relevant to the real world, such as supply chain management in the healthcare industry, banking and finance, real estate, and many more. HeLa's DID management system expands its usability across a variety of application situations, including credit lending, online ticketing, and other KYC-required applications. HeLa's integrated stable coin and gas charge characteristics also make it simpler for users to respond to real-world situations.

Guides and Tutorials

Q: How to troubleshoot common issues? A: You can join our discord to go to the support section and create tickets. https://discord.com/invite/helalabs

Community and Support

Q: How to get involved with the HeLa Labs community? A: You can get involved with the HeLa Labs community by visiting the official website or via email, Telegram, Discord and Twitter.

HeLa Website: https://helalabs.com/ HeLa Telegram Announcements: https://t.me/hela_official HeLa Telegram Community: https://t.me/HelaLabs HeLa LinkedIn: https://www.linkedin.com/company/hela-labs/ HeLa Twitter: https://twitter.com/Hela_Network HeLa Discord: https://discord.com/invite/helalabs HeLa Medium:https://medium.com/helalabs

Q: Is there any ambassador program available? A: At HeLa Labs, we are thrilled to announce that we will be launching an ambassador program very soon. This program reflects our commitment to community engagement and our desire to build strong connections with individuals who share our passion for blockchain technology.

The HeLa Ambassador Program will be designed to empower individuals who want to represent HeLa Labs and advocate for our mission of bringing Web3 to the real world. Our ambassadors will play a crucial role in growing our community, spreading awareness of our innovative solutions, and fostering a spirit of collaboration and innovation.

Q: I would like to participate in developer discussions or provide technical feedback. What should I do? A: We will have a separate channel for developer discussions in our discord server.

Q: Is there a faucet for the mainnet and testnet? A: For those interested in exploring and testing the HeLa blockchain, we provide access to both the HeLa Testnet Explorer and the HeLa Testnet Faucet. These resources are essential for developers, testers, and enthusiasts who want to interact with the HeLa chain without using real assets.

HeLa Testnet Explorer: https://testnet-scanner.helachain.com/ HeLa Testnet Faucet: https://testnet-faucet.helachain.com/

There will be official announcement, therefore, please make sure you to stay in our community channel.

Q: Are there any bug bounty programs? A: Yes, at HeLa Labs, we recognize the importance of continuous improvement and community engagement in our quest to build a secure and robust blockchain protocol. As part of our commitment to security and transparency, we are in the process of launching a bug bounty program, which will be released soon.

Q: Are there any job openings at HeLa Labs right now? A: Absolutely! At HeLa Labs, we are actively expanding our team and seeking talented blockchain developers who share our passion for innovation and excellence. As we continue to grow and develop the HeLa Chain, we recognize the importance of bringing on board skilled individuals who can contribute to our vision of bringing Web3 to the real world. Please visit our website to check on the careers section.

https://helalabs.com/careers/

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