What Is HECO and How Can I Use it?
HECO is a blockchain developed by Huobi, one of the leading cryptocurrency exchanges, using HPoS (a combination of PoA and PoS).
HECO supports smart contracts and is EVM-compatible, allowing developers to deploy smart contracts and build DApps on HECO conveniently. Compared with Ethereum mainnet, the transaction fees are lower and confirmation time is faster.
How Does the HECO Chain Work?
HECO adopts HPoS (a combination of PoA and PoS), which allows holders of its native token, HT, to vote for 21 active validators for on-chain transaction validation and block production.
HECO produces 1 block every 3 seconds, and every 200 blocks is an epoch. At the end of each epoch, the system will update the list of active validators.
How to Use HECO Wallet in imToken?
Download and install imToken and create or import an identity wallet. Note: Please make sure to check the website security tips for downloading the real imToken App.
Enter the asset page of the ETH wallet, click “Ethereum” at the top and click “Huobi ECO Chain” to switch to the HECO wallet for transferring and receiving money, and exploring its ecosystem.
Unlike HECO on Trust Wallet or Metamask, imToken wallet offers you an overview of Ecosystem DApps as well as a DeFi portfolio of all your balances staked or locked on HECO protocols such as: MDEX, CoinWind, LendHub, Channels, Filda, Belt, AutoFarm and many more!
Learn more on Huobi Ecosystem Chain on our blog: How to use HECO wallet with imToken?
Explore the HECO Ecosystem
Heco HT Price
Find out more on token prices on the Huobi Ecosystem chain by searching websites such as Coingecko and CoinMarketCap. The sites also included exchanges that listed Huobi Token (HT).
HECO Block Explorer
HECO block explorer is an open source web tool that stays synchronous with the HECO network and allows you to view information about blocks, transactions, addresses on HECO.
Resources
- HECO official website: https://www.hecochain.com/
- Introduction of HECO Chain: https://docs.hecochain.com/#/README