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 in imToken?
Let's take a look at how to use HECO with imToken. First download imToken (https://token.im) to create/import a wallet and add a HECO account.
Note: Please make sure to check the website security tips for downloading the real imToken App.
If you did not add a HECO account when creating/importing your wallet, please navigate to "My Profile" -> "Manage wallets" -> "Add", select the "Houbi ECO Chain" network, and confirm. Then, return to the wallet homepage to access your newly created HECO account. Now you can transfer/receive tokens and try out popular DApps on the HECO network.
Learn more on Huobi Ecosystem Chain on our blog: How to use HECO 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