Search Results for: What is Blockchain

HeLa Labs and A*STAR’s IHPC Team Up to Build Next Gen Layer One Blockchain

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HeLa Labs, a high-tech company, is partnering with A*STAR’s Institute of High Performance Computing (IHPC) to develop a next-generation Layer 1 blockchain network with confidentiality-enhancing and consensus protocols, enabling new use cases and broader real-world adoption in the realm of Web 3.0. The IHPC team is developing a modular blockchain architecture that segregates the consensus, execution, …

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HeLa Labs Launches Stablecoin-Powered Layer One Blockchain Network

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SINGAPORE, Oct. 03, 2023 (GLOBE NEWSWIRE) — HeLa Labs, a hi-tech company, today announces the official launch of a next-generation layer one blockchain network with privacy-preserving and consensus protocols for real-world adoption. Kerching Choo, Co-founder of HeLa Labs, commented: “Our aim is to bring real-world adoption benefits to all industries, empowering them to leverage the …

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Layer 1 vs Layer 0

Layer 0 and Layer 1 Blockchain: Two Sides of the Scalability Coin

Basic Knowledge / By

In the ever-evolving world of blockchain technology, it’s crucial to grasp the distinctions between two key components: “Layer 1” and “Layer 0.” These terms are central to the journey toward decentralization and cryptography. Layer 1 is like the foundation of a blockchain, where the actual transactions occur. It’s the layer where cryptocurrencies like Bitcoin and …

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