What is Hepton

Article Summary, Automatically Generated By AI

Summary of Hepton

Key Points

  • Hepton is a Layer-3 infrastructure project offering a hyper-scale solution for the Ethereum network.
  • HTE is the native utility token used for gas fees, staking, and governance votes.
  • Hepton provides two scaling solutions: Hepton PoS (sidechain to Ethereum) and Layer-3 network-based ZK-Rollup technology.

Founders and Team

  • Founded by Hepton Labs, led by Kay Hakimie, Emre Aslan, and Ismail Abinting.
  • The team has extensive experience in programming, entrepreneurship, and financial analysis.
  • Hepton Labs

About Hepton

Hepton is a pioneering digital asset management platform that empowers users to navigate the complexities of the cryptocurrency market with confidence and ease.

Introducing Hepton (HTE): A Comprehensive Overview

Hepton is a pioneering Layer-3 infrastructure project that presents a hyper-scalable solution for the Ethereum network. Notably, Hepton offers two distinct scaling solutions: Hepton PoS, a sidechain to Ethereum, and a Layer-3 network-based ZK-Rollup technology built atop Arbitrum Orbit’s Nitro Stack.

HTE is the native utility token, serving as the cornerstone of our ecosystem, and is utilized for:

  • Transaction processing and data storage on Hepton PoS incur gas fees.
  • Operating validator nodes on the sidechain (Hepton PoS) is facilitated through the staking of HTE tokens.
  • HTE tokens are utilized for casting governance votes on Layer-3 (Hepton STANDRA), thereby influencing the allocation of network resources.

Hepton’s comprehensive toolkit encompasses:

  • Introducing Hepton PoS, a pioneering Proof-of-Stake (PoS) sidechain built atop the Ethereum network, seamlessly interconnected via a two-way pegged model.

  • Hepton ZK-Standra, a cutting-edge Layer-3 solution, leverages ZK-Rollup technology to deliver unparalleled scalability, nestled within the Arbitrum Orbit ecosystem.

Introducing Hepton PoS: a pioneering Proof of Stake (PoS) sidechain, seamlessly integrated with Ethereum via a two-way pegged model, fostering a harmonious coexistence of both ecosystems.

Introducing Hepton ZK-Standra: a cutting-edge Layer-3 solution built upon the innovative ZK-Rollup technology, seamlessly integrated with Arbitrum Orbit.

The Visionaries Behind Hepton: Meet the Founders

Hepton was founded by Hepton Labs, a pioneering initiative spearheaded by Kay Hakimie, Emre Aslan, and Ismail Abinting, a triumvirate of visionaries boasting extensive expertise in programming, entrepreneurship, and financial analysis.

In the midst of 2020, three freelance developers crossed paths within the Open-Source Centralized Exchange forum, Peatio. It was then that they laid the groundwork for a developer organization, catering to clients seeking additional expertise to fine-tune their Web3 projects. Fast-forward to early 2022, the trio embarked on a new venture, designing a decentralized protocol while concurrently developing scaling solutions to optimize the Ethereum network.

This team evolved into what is now Hepton Labs, boasting a diverse team of over 10 developers, comprising individuals with varying levels of experience, working remotely across disparate regions. Hepton Labs was incubated in 2022 by the Malaysian Digital Economy Corporation (MDEC), a Malaysian government agency, and IceTea Labs, a Web3 startup incubator. As a result of this incubation, Hepton Labs was nominated for a Server Grant by Amazon AWS Activate, providing crucial support for the Hepton PoS during its formative stages.

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