WHY HAQQ WALLET?
Haqq Network is a reliable, high-capacity Proof of Stake blockchain that is completely compatible with Ethereum. Its development is done through the Cosmos SDK, and it runs on Tendermint Core’s consensus engine. Thanks to its compatibility with Ethereum, engineers can create applications on Haqq using current Ethereum coding language and tools without having to rewrite any of the existing smart contracts that can work on other networks compatible with Ethereum. This feature has been made possible due to Tharsis' invention of modules for their Evmos network.
Haqq makes it possible to employ Ethereum in its vanilla form within the Cosmos platform as an application-specific blockchain.
This enables developers to obtain the advantages of Tendermint’s PoS implementation, as well as the ability to exchange value with other Cosmos apps through Inter Blockchain Communication Protocol (IBC) due to being built on the Cosmos SDK.
Features
Web3 and EVM compatibility
Tendermint Core enables high throughput.
Achieves horizontal scalability through Inter-Blockchain Communication (IBC).
Receiving transactions quickly and with certainty.
The Architecture of the Haqq Network
Haqq’s architecture leverages the Proof of Stake functionality of the Cosmos SDK, EVM compatibility, and Tendermint Core’s fast consensus BFT finality.
CosmosSDK:
Cosmos SDK is today the most advanced framework for creating application-specific custom blockchains. The Cosmos SDK is the base layer of Evmos on which Haqq is built. Haqq enables the full composability and modularity of the Cosmos SDK. The most important benefit to Haqq when built on top of the Cosmos SDK is compatibility with the blockchain communication protocol that makes it possible for Haqq to interoperate with the rest of the Cosmos ecosystem.
Tendermint Core & the Application Blockchain Interface (ABCI)
Tendermint consists of two main technical components : A blockchain consensus engine and a generic application interface. A consensus engine called Tendermint Core ensures that the same transactions are recorded in the same order on all machines. An application interface called Application Blockchain Interface (ABCI) allows you to process transactions in any programming language.
Two important properties of the Tendermint consensus engine are: Security - Your network can function even if up to 1/3 of your nodes fail or behave maliciously. Consistency - Each surviving node sees the same transaction log and computes the same state. With the security and consistency of the Tendermint BFT Consensus, the Haqq network is maintained by an independent group of auditors who need not trust each other and provide consistent data and transaction processing. Instant finality makes the Haqq network suitable for a wide variety of applications, including those requiring fast feedback loops such as gaming, social networking and instant payments.
EVM Module:
Haqq achieves EVM compatibility by implementing different components that together support all EVM state transitions while maintaining the same developer experience as Ethereum. For EVM compatibility, Haqq uses some components from his Evmos. This is a network based on the Cosmos SDK that provides full EVM compatibility or parity. Haqq EVM parity means that anything based on Ethereum or any other EVM parity network such as Optimism or Evmos and Evmos based networks will not rewrite a single line of smart contract code or break it in unexpected ways.
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