People are tired of centralized platforms. The Evergrande situation exposed the fragile underbelly – mismanagement and deceit –  of such a practice, bringing them to the surface.

Now, decentralized applications are taking over, relying on the immutability and transparency of blockchain to carry everyone on the journey so far, not some pleasant reassurances that turn out to be completely false. 

While DApps are in high demand, supporting blockchains aren’t exactly in abundant supply. Most are friendly on paper only; we only read about those boisterous claims on press releases.

HALO Network, a new blockchain that relies on an HPOS consensus, is rolling out the red carpet for blockchain DApps. How does HALO Network achieve this? Let’s dig into it. 

A Scalable Blockchain

One of the ways a blockchain supports DApps is by providing an enabling environment for these applications to thrive. This is one area where HALO Network stands out. On the blockchain, DApps can enjoy faster operations – an attribute they’d never get on popular blockchains, like Ethereum. 

HALO Network uses the HPOS consensus to the benefit of DApps. The HPOS consensus generates blocks quicker, amplifying the number of transactions possible in a second. This way, these blockchain DApps can operate more efficiently than they would.

Besides its more practicable HPOS consensus model, blockchain DApps get to enjoy HALO Network’s effective cross-chain solution. DApps on the blockchain can utilize the HALO bridge, a medium-layer solution that uses the uncompromising EVM smart contracts. 

Quality Data Aggregation

HALO Network’s support for blockchain DApps is also on display in the use of the HALO Oracle for data aggregation. Blockchain applications require data if they’re to serve their users. 

For instance, DeFi protocols require accurate price feeds to deliver the financial services sought after by users. Through HALO Oracle’s on-chain and off-chain data aggregation, accurate price feeds are made available. 

The credibility of data obtained on-chain is dependent on the nodes that converge such data. HALO Network lets blockchain DApps verify such data through node assessment. The blockchain gets this done using pledged tokens. DApps can use the amount of pledged tokens to rank nodes on their security status. 

A Secure Virtual Space

Nothing says support for blockchain DApps like a security-conscious blockchain. HALO Network guarantees that through its use of the HPOS consensus. Compared to other consensus algorithms, HPOS shields DApps from all sorts of attacks, including DOS attacks, Spam, and Partial erasure. 

Recall when PancakeSwap, a DEX on the BSC network, suffered a DOS attack, which resulted in many users losing their assets to scammers. On HALO Network, such an attack is nearly impossible since the blockchain’s consensus algorithm, HPOS averts such a situation. This explains why HALO Network is more blockchain DApp friendly than the BSC.

Since the HPOS consensus protects blockchain DApps against these attacks, devs of such applications can focus on what matters – creating value for users of their platform. Of course, they can not stop securing their DApps, but they don’t have to make it the only thing they do. 

Service-Oriented Architecture

The architecture of any blockchain decides if it’s favorable for the proliferation of DApps or not. HALO Network works on a service-oriented architecture, making the blockchain suitable for different applications, ranging from DeFi to NFTs. 

HALO Network’s scalability explains its service-oriented architecture. It takes a blockchain with a high TPS to match the needs of service-based DApps. Unsurprisingly, HALO Network has one of the highest TPS amongst blockchains.

An Efficient DEX

All blockchains have a functional DEX where users swap assets. 

Many view a DEX as a portal for a blockchain, and HALO Network comes with a unique working DEX, HOSWAP. This removes the burden of DApps navigating the blockchain without such an integral element. 

HOSWAP isn’t your regular DEX; it boasts of several features that give it an edge in a virtual space that’s bursting at the seams with DEXs. 

HOSWAP has two liquidity modes HMM and AMM that aren’t what you see on many DEX. By giving room for choice, HOSWAP attracts more users to use HALO Network. Considering the stiffness of competition in this space, that’s something DApps on HALO Network will need.

Compatibility with Ethereum

Lots of blockchain DApps already exist on Ethereum. HALO Network is fully aware of that. For HALO Network to become the mainstay of most blockchain applications, it must be compatible with Ethereum. 

HALO Network attains such compatibility by using the Ethereum Virtual Machine (EVM), making the blockchain smart contract friendly. Blockchain DApp developers don’t have to learn any new programming language as the same solidity language – used on Ethereum – still works on HALO Network. 

Conclusion 

Everything about HALO Network screams support for blockchain DApps. It’s unreal, but HALO Network is as real as they come. Once developers of blockchain applications test the waters, they won’t want to be anywhere else.

Follow HALO Network and stay up-to-date:

🔘 Official Website: https://halo.land

🔘 Telegram Group: https://t.me/HALONetwork

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🔘 Twitter: https://twitter.com/network_halo

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