11/30/2022, 9:04:57 PM

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Helix price is unchanged in the past week.

The current price is $0.000040 per HLIX. The new price represents a new all time high of $0.000040.


What Is Helix (HLIX)?

Helix is a privacy-centric cryptocurrency based on Bitcoins code but with a faster and more responsive network. Helix blockchain network and decentralized technology aim to enable people to do business without worrying and compromising surveillance by centralized or legal institutions.

Helix was introduced after realizing the issue in Bitcoin that it takes a longer time to confirm transactions. Also, it was observed that most acknowledged cryptocurrencies do not offer enough protection to a person’s identity. Helix implemented an improved privacy feature to overcome this issue. Helix aims to make the platform safer and faster. Furthermore, Helix can handle a higher transaction volume with faster confirmation due to the maximum block size being 2MB.

Following are the features of Helix (HLIX):

  • Easy to install and use

  • Fast transactions

  • Strong privacy 

  • Rewards for participating in the Helix network

  • Proof of Stake (PoS) mechanism

  • Participation in governance and voting matters for the community

  • Multi-OS wallets: Windows, macOS, Linux As per its whitepaper, Helix uses a hybrid system under which the first 90,200 blocks are PoW, and after this period, it switches to a PoS mechanism. The more a user participates in validating and processing Helix transactions and its blocks, the more rewards they can receive. Also, by running the Helix wallet 24/7, users can receive their share of the block rewards to secure the Helix network.

Helix aims to build a scalable and secure currency. To achieve this vision, Helix implemented masternodes, which can be used to earn more rewards. A masternode costs ten thousand HLIX and gives an ROI of 60 percent. Masternodes are nodes that are always up and running.

Masternodes offer an enhanced version of staking to increase the privacy and speed of transactions and enable participation in governance and voting within the Helix community. The Helix masternodes are IPv6 supported, and multiple masternodes can be run if one wishes.

History of Helix (HLIX)

The project was launched on September 1, 2018. The roadmap suggests the project has completed many milestones since then like, Android and IOS mobile wallets, listings on many exchanges, updating Helix core, and more.

The team is comprised of people worldwide. Michael Senn is the senior developer and adviser, Nathan Senn is the project manager, and Dimple Rubiato is the senior developer.

The total supply of HLIX tokens is five hundred million with a functional pre-mine of 1% (five million HLIX).

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What is the current price of Helix?

The price of 1 Helix currently costs $0.000040.

What other assets are similar to Helix?

Assets that have a similar market cap to Helix include Ethereum 2, Ethereum, Tether, and many others. To see a full list, see our comparable market cap assets.