Huobi Officially Launched Huobi ECO Chain (Heco) Testnet

Dear Community,

Huobi now officially launched Huobi ECO Chain (Heco) testnet on 10th December 2020. As the first product launched on the Huobi Open Platform, Heco can provide users an efficient and low-cost on-chain experience, featuring high throughput, low latency, security and stability. We sincerely invite developers from all investors to participate in the test, jointly build and witness the upcoming open beta stage (no server wipe) on December 21st.

I. What is Huobi ECO Chain (Heco)?

Huobi ECO Chain (Heco) is a decentralized, high-efficiency and energy-saving public chain. It is the first product launched by the Huobi Open Platform. Heco is design to realize the compatibility of smart contracts on the basis of supporting high-performance transactions. The native digital asset of Huobi Eco-Chain Heco is HT. It adopts the HPOS consensus mechanism. In the future, Heco will improve the efficiency of Ethereum by adopting Layer 2, supplement and empower the Ethereum ecosystem.

Huobi Open Platform is a unified infrastructure platform based on the technical resources, traffic resources and ecological resources of the Huobi Group, which is gradually opened to the blockchain industry. It goes together with Heco to provide more diversified innovative methods and basic services for global developers.

II. Features of Huobi ECO Chain (Heco)

Huobi ECO Chain (Heco) efficiently links users, assets and decentralized applications, lowering the threshold for the hands-on and growth to the application, which allows users and developers to enjoy an efficient and low-cost on-chain experience. For developers, Heco has the following features:

1.  Open and decentralized network, maintain the security of network and assets.
2.  Support EVM programmability, smart contract compatibility, lower development and maintenance costs.
3.  Meta transaction, fee reduction and exemption, further reducing the cost of on the chain.
4.  HPoS consensus mechanism, block generation in 3 seconds, accelerate consensus.
5.  Cross-chain asset transmission and optimized asset cross-chain experience.

III. Development stages of Huobi ECO Chain (Heco)

The development of Huobi ECO Chain (Heco) is divided into four stages. The test environment will be launched on December 10th. From December 10th to December 20th, is the independent operation phase of the test environment. After this, the test environment will be opened to public on December 21st without “wipe” server featuring higher transaction performance, lower handling fees, and smooth cross-chain mainstream assets. The next step of the Stage I will conduct open recruitment of nodes, and the features of each stage will be disclosed in the process, please stay tuned.

IV. Learn more details and follow up the updates of Huobi ECO Chain (Heco)

All users and developers can learn about Heco's detailed information, technical principles, open documents and tools, official social platforms, etc. through the official website of the Huobi ecological chain Heco.

Technique support: [e-mail]
Official website: www.hecochain.com
Beta address:
chainid 256
RPC wss://ws-testnet.hecochain.com
https://http-testnet.hecochain.com
Browser: https://scan-testnet.hecochain.com
Faucet address: https://scan-testnet.hecochain.com/faucet

V. Reminder

1. All users and developers can participate in the test environment and subsequent stages of the Heco for free, and there is no charge.

2. Please distinguish between the test environment and the public test network (no server wipe). The assets generated by the test environment have no value. Beware of counterfeit currency fraud.

3. Huobi Eco-Chain Heco will announce authorization, promotion and other cooperation through the official social platform. Warmly remind developers and users to double check the information to avoid losses.

4. Please identify the official website (www.hecochain.com) to avoid private key phishing.

Huobi ecological chain Heco emerged in the trend of blockchain, embracing the Ethereum network, and achieving openness and win-win. We sincerely welcome community to participate in the joint construction!

Huobi Global
December 10, 2020