Helix Cognitive Computing GmbH is a Berlin-based strategic tech company, dedicated to creating a cutting-edge digital ecosystem for interconnecting Everyone and Everything. Helix aims to challenge the status quo by eliminating the need for intermediaries and central authorities, at virtually no cost. Strictly speaking, Helix is a decentralized network of independent parallel sub-networks each powered by the HelixMesh Protocol. In other words, Helix is a nest of networks that can scale and interoperate with each other.
Helix solves problems associated with centralized systems and management. Rather than blindly relying on third-party promises, Helix builds trust by adopting public consensus mechanisms. Thus, it fosters the creation of endless new relationships and businesses that are more ‚direct‘ in nature. Helix enables the use of end-to-end encryption to emit secured data streams, implying that you can fully control which parties are authorized to access your messages or data. By eliminating intermediaries, Helix enables trustless transactions. It is no longer required to blindly trust any intermediary, whether it is a storage or financial service provider, such as banks. An example includes the creation of Decentralized Autonomous Organizations (DAOs) that are direct, peer-to-peer and organize their company through digital voting systems. This could be achieved for any organization using Helix.
Helix is active in the Distributed Ledger Technologies DLT space with its own Peer-to-Peer (P2P) network protocol – not based on Blockchain principles. The Helix Distributed Ledger is modeled as a Directed Acyclic Graph (DAG), a well-known data structure with excellent properties in terms of scalability.
Decentralization is a term used in network topology to describe the relations between different node types. Centralized systems typically consist of a client-server architecture or nodes listening to a coordinator. Decentralization promotes the elimination of unnecessary intermediaries, from the transfer of value between persons and things.
Distributed Ledger Technology encompasses an extensive database consisting of synchronized digital records. Examples of records maintained by DLTs include monetary transactions (e.g., Bitcoin Blockchain), titles and rights to intellectual property, creative content, music, votes, healthcare records, and other sensitive or confidential material.
A Directed Acyclic Graph is a particular type of graph consisting of nodes connected to each other by directed edges. The term ‘Directed’ refers to the idea that edges have directions (like a street map), while ‘Acyclic’ implies that it is not possible to walk from a node X and return to X without going back on a previously used edge (for example no U-turns!).
The architecture of most computer applications on the internet is two-tiered. In a two-tiered architecture, there is a clear division between clients and servers. For example, a typical banking application allows a client to prepare transactions on his/her local machine, and upload the transaction to the bank’s centralized server or database. In contrast to the two-tiered architecture of centralized applications, P2P systems equally distribute all aspects of the application across participants, which enables workloads, resources, and values to be shared, and additionally, eliminates the need for peers to trust central authorities.
The word cognition derives from the Latin term cognosco which means ‘to conceptualize.’ Cognition can be defined as the mental act of acquiring and understanding knowledge through senses, experience, and thought.
Cognitive computers imitate human intelligence by processing data with a set of rules and procedures that can be updated iteratively, based on the value of the incoming data on an as-needed basis. Cognitive computing systems can provide highly accurate descriptions of visual and linguistic data, just like humans. A developing cognitive computer system relies on machine learning strategies, and the scientific study of biological systems, including their cognitive abilities that sustain autonomous, self-driven learning.
A cryptocurrency is a digital means of payment created and transferred using cryptographic principles, to enable a decentralized and secure payment system.
HLX is the native currency developed by Helix Cognitive Computing.
Every transaction initiated in the HelixTangle results from the process of cognition. Helix uses cognitive scientific methods for purposes of security and validation in the network.
HLX is for everyone and everything. You do not need to create a large valued transaction to use the HelixTangle. Also, machines can attach their micro-valued transactions to the HelixTangle. Thus, the HelixTangle can be used for machine-to-machine settlement, person-to-machine, or machine-to-person payments.
Whoever needs to store value or do a valued transaction in the HelixNetwork.
You cannot “mine” HLX coins because the coins have been born with the process called the "Genesis" and have a fixed supply.
The HLX amount was set in advance by a human council. The sum is set in advance in the code and implemented in the HelixTangle. The Total Supply is calculated with the following formula: 2^44 * 244 = 4,292,493,394,837,504 HLX
The total amount of coins is 4,292,493,394,837,504 HLX or 4,292,493,394 mHLX. We also tend to say, in short, but imprecisely: “The total supply is approximately 4,3 petaHLX”
Because the number 4,292,493,394,837,504 HLX is rather inconvenient to use, we count in millions of HLX, calling that unit mHLX (“Mega Helix”). So the integer of the total coin supply divided by a million results in the total mHLX supply of 4,292,493,394 mHLX.
The HLX coin supply is finite, not infinite. In other words, there is a limited number of HLX coins. In contrast to the Keynesian economic models of most states, the HLX coin supply is not inflationary because no one can “print money” as they need it, and arbitrary coins are never generated.
First and foremost, Helix is not about the cryptocurrency but rather a protocol for introducing next-generation technology in decentralized distributed computing. It can be said that the cryptocurrency HLX is a necessity to our peer-to-peer network. To be able to tap the full potential of the HelixNetwork you need a currency tailored for the network needs.
Probably. The HelixNetwork includes Efficient, Scalable, High troughtput (=fast) technologies, provides No waiting queue, No coin-mining, a Native currency (=no dependent from another blockchain), while keeping high standard levels of security and can be deployed in both permissionless and permissioned environments.
New transactions in the Tangle confirm two previous transactions. This makes the Tangle infinitely scalable. Blockchain, on the other hand, sees several transactions packed into one block and these blocks are charged every ten minutes.
Suppose you want to send a JPG file to someone. First, your picture will be split into several parts and stored in a special field of various Helix transactions. To send data or communicate with someone on the HelixTangle, you store data in the shared, public version of the Tangle for a limited amount of time. When you, or someone else you authorize, retrieve the data, you are reading the data directly from the HelixTangle in its most current state. The transactions containing your data will not be removed until a snapshot, which is like sending data off into oblivion. After the data has been forgotten, all transaction objects valued at 0 are deleted from the shared, public HelixTangle. If someone would want to read your data from the HelixTangle, that would mean that they must take the precisely same walk through the graph you already did, and only then they would recover the original walk, or message, or data. To simplify this process and stay up to certain privacy requirements, we use a module called Masked Authenticated Messaging. It enables a private, public or restricted encrypted data stream, wherein the restricted scheme, for instance, a channel identifier key and a private key would be required to access the data stream.
To be certain of the correctness of your data, in other words, to achieve data integrity, it is mandatory that data is stored in the Tangle. Due to Proof of Work requirements and confirmation times, this could lead to problems in a scenario like a messaging app, where remotely instant data transfer is required. In these cases, it is recommended to use an overlay network like Flash. Flash enables the creation of a multi-signature wallet (that holds a balance predefined by the parties) by two or more parties that trust each other. Transactions in a flash channel are almost instant, with delays only associated to network propagation. When the channel is closed by the parties, the last state of the balances of the parties is synchronized to the Tangle. This procedure eliminates a lot of overhead, supports scalability of the overall system, i.e., the HelixNetwork and enables a tremendous throughput of transactions.
You can use the interface provided in the official HelixWallet. Using the Interface, you will be able to publish data into the Tangle and restrict access to your needs.
To give a few examples: Recording diagnostics Supply Chain Transparency (Manufacturing) Aircraft Maintenance, Repair, and Operations (MRO) Energy & Utilities (The era of microgrids) Public transport (Train, bus) Licensing (Music, movies) Votes (Government) Post-shipping companies (UPS, DHL) Food Industry (Food tracking)
It is not entirely necessary to own HLX to use the Tangle. In the future, you will be able to use the Helix Tangle to store and send your data to other people securely.
The MainNet 1.0 should be launched in Q3 of 2019
To keep up to date, you can follow our Social Media Accounts. You can find a list of our official Accounts on the Contact page.
HelixEcosystem – All systems, users, community associated with Helix HelixNetwork – Helix permissionless implementation of HelixMesh HelixMesh – Helix initiated consensus protocol HelixTangle – Helix distributed ledger (DAG of transaction bundles) HelixWallet – Interface to manage participation in the HelixEcosystem HelixFoundation – Non-Profit arm of Helix to foster HelixEcosystem and R&D HelixCognitiveComputing – the Commercial legal entity of HelixGroup HLX - Helix native currency
Contact us: info@hlx.ai
If you have any questions feel free to contact us.
