Helix is a premium privacy-centric cryptocurrency based on the product of Satoshi Nakamoto, improved with strong features resulting in a decentralized, effectively anonymous cryptocurrency, with immediate (private) transactions and an incentivized network to provide additional services and security to the blockchain network of Helix.
One of Bitcoins main issues is the fact that it takes a lot of time to confirm a transaction. This is a major problem for merchants. Helix seeks to solve this issue by implementing the blockchain technology from Bitcoins code, but with a faster and more responsive network. Therefore, Helix proposes an alternative option to use as a currency since it has a greater potential in terms of transaction volume and speed.
Unlike Bitcoins PoW mechanism, Helix blockchain uses a hybrid system of both PoW and PoS mechanism. The rewards a user receives depends on the amount of stake the participant has in the Helix network. The more you participate in validating and processing Helix transactions and its blocks, the more rewards you receive. Therefore, it’s incentivized to invest in Helix as a valuable core product.
