华特东方（...23 华特东方（htdf）基于区块链的数字生态智慧家园 1.0 2.0 3.0...

华特东方（HTDF）基于区块链的数字生态智慧家园

INTRODUCTION

CHAPTER 1 OVERVIEW OF THE PROJECT OF ORIENT WALT (HTDF)

CHAPTER 2 GREAT PLAN FOR “SMART HOME” OF ORIENT WALT (HTDF)

CHAPTER 3 DESIGN OBJECTIVE AND SOLUTIONS OF ORIENT WALT (HTDF)

CHAPTER 4 TECHNICAL ARCHITECTURE OF ORIENT WALT (HTDF)

I. Development History and Course of Block Chain

II. Development Trend of Block Chain Technology and Industry

(I) The existing basic protocols face challenges, and new block chain protocol 3.0 is coming up.

(II) The information technologies like block chain, AI, and Internet of Things, etc. are in deeply

integrated development, co-constructing the infrastructures of an intelligent society.

(III) The major networks of some public chain projects have been launched, and cutting-throat

competition is about to start.

(IV) Pain spots in and challenges for the development of block chain at presen

I. Design Goal of Orient Walt in Implementation of Ecological Applications

II. Technical Solutions of Orient Walt (HTDF)

(I) Brand-new mixed consensus mechanism –POS+PBFT

(II) Virtual machine – EVM, WASM

(III) Public chain cross-chain technology – Chain group

(IV) Diversified ecological mining mechanism

Certification mechanism

Operation mechanism

Incentive mechanism

Decision-making mechanism

Arbitration mechanism

Sharing mechanism

I. Overview of the Public Chain of Orient Walt (HTDF)

II. Technical Hierarchical Architecture of Orient Walt (HTDF)

(I) Data Layer

(II) Network Layer

(III) Consensus Layer

(IV) Incentive Layer

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CONTENTS


CHAPTER 5 ORIENT WALT (HTDF) COMMUNITY GOVERNANCE MODEL

CHAPTER 6 ECONOMIC MODEL OF ORIENT WALT (HTDF)

CHAPTER 7 APPLICATION ECOLOGY

CHAPTER 8 SCHEDULE OF ORIENT WALT (HTDF)

CHAPTER 9 DISCLAIMER

(V) Contract Layer

(VI) Application Layer

III. Technology Innovation of Orient Walt (HTDF)

(I) Mixed mechanism guarantees the security of the main chain.

(II) Second-level Transaction Confirmation Speed and High-speed TPS Performance

(III) Excellent Design of Contract Layer

(IV) Implementation of Multi-Chain Cross-Chain through “Chain Group” Technology

(V) Introduction of Diversified Ecological Mining Scenarios

(VI) Unique Identity Authentication System

(VII) Practice of on-chain Community Governance Model

I. Orient Walt (HTDF) Community Value

II. Orient Walt (HTDF) Foundation

(I) Value of the Foundation

(II) Nature of the Foundation

(III) Decision-making Mechanism of the Foundation

(IV) Decentralized Governance of the Foundation

I. Brief Introduction to HTDF

II. Distribution Plan

I. Scenario Application of Entertainment Games

II. Scenario Application of Social Platform

III. Scenario Application of the Internet of Things

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I. Disclaimer for Technology

II. Disclaimer for Hacker Attack and Crime

III. Disclaimer for Functional Token

IV. Disclaimer for Policy

V. Disclaimer for Market Risk

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Over the millions of years, in line with the law of divergence and convergence of the

universe, human beings have been evolving in the alternation of distribution and consensus.

The constant development and progress of productivity has driven the fourth industrial

revolution, that is, the Internet technology.

In the wee hours of January 4, 2009, the first Bitcoin appeared. Over the past decade, the

encrypted digital assets and block chain technologies have flourished. The block chain has

made s a consensus for human beings that It is now when we finally have an opportunity to

have a bird view of the ideal world again.

Block chain is a new application mode of the computer technologies such as distributed

data storage, point-to-point transmission, consensus mechanism, encryption algorithm, etc. It

is featured of decentralization, traceability, non-tampering, etc., and has attracted broad

attention all over the world in recent years. Along with the increasing maturity of technologies,

the continuous improvement of infrastructures, and the continuous enhancement of security

and efficiency, the block chain is expected to provide large-scale applications in many fields to

the society.

Just in such a background, Orient Walt (HTDF), which has hundreds of thousands of

community members and plentiful ecological application scenarios, brings forward the vision

to build a digital, ecological and smart home of block chain, and to practically promote the

progress and commercialized implementation & application of key technologies, as well as the

transformation and upgrading of real economy and technology.

Orient Walt (HTDF) attempts to initiate a great practice, namely integrating the advanced

technology of block chain into the proceeding of human society development through the

innovative integration of technology and system.

INTRODUCTION

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1.0 2.0 3.0

Blo

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ain

Indu

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Indu

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As for the development of technical field, block chain can be mainly divided into three

modes, namely public chain, alliance chain and private chain, and every mode has its own

characteristics. The development of public chain is mainly based on the establishment of a

freer, highly anonymous, and audit-resistant system. The establishment of public chain is an

open and sharing attitude. Under this mode, more participants carry out low-cost

decentralized construction and maintenance; and this mode aims at the world-class markets.

Since foundation, Orient Walt (HTDF) was a public chain open to the world. With block

chain technology as the core, it integrates application scenarios in many aspects and from

multiple perspectives, uses the characteristics of block chain technology to solve the problems

which could not be solved in traditional networks, and sufficiently considers the problems of

economic model, applied mathematical architecture, and computer software and hardware

technologies arising from this process.

Orient Walt (HTDF) brings forward unique comprehensive solutions through the analysis

on the existing problems of block chain, and solves a concrete problems such as difficult

implementation in the era of block chain based on the governance mechanisms like POS+PBFT

mixed consensus mechanism, chain group cross-chain technology, new intelligent contract,

identity certification, etc., as well as diversified mining technologies. Through innovative

technological characteristics, it is integrated into many ecological application scenarios of

“Smart Home” like entertainment game, social payment, Internet of Things, etc., thus

guiding the true coming of the era of large block chain.

CHAPTER 1 OVERVIEW OF THE PROJECT OF ORIENT WALT (HTDF)

Orient Walt（HTDF） Digital Ecological Smart Home Based on Block Chain

In 2008, Mr. Satoshi Nakamoto issued the groundbreaking paper "Point-to-Point Electronic

Cash System", and brought forward the concept of "block chain" for the first time. As we know,

block chain technology is featured of decentralization, traceability, and non-tampering, etc.

Whereas the subversive innovation produced by it in the fields of finance and technology, etc.,

block chain has ushered in waves of big technological tides in recent years, which represent

the forefront of development in the technical field. The block chain will possibly break

through the financial field, will be applied to the fields like identity certification, notarization,

arbitration, audit, domain, logistics, medicine, energy, visa, voting, etc., and will become a

protocol of the bottom layer in the future society, and will stride forward from the

“programmable token” guided by Bitcoin and “programmable finance” of Ethereum to the

“programmable society” of Orient Walt (HTDF).

At present, the block chain project represented by Ethereum could undertake the

development of some industrial applications. However, there are still many problems at

present, such as low scalability, low efficiency, high handling fees, unreasonable economic

model design, etc., and it cannot meet the large-scale commercialized implementation of

distributed application (DAPP) in various fields. In response, the existing public chain uses the

technologies like slicing, cross-chain, side chain, etc. and the methods like multi-chain

optimization, centralized optimization, localized optimization, structuralized optimization,

etc. to upgrade the optimization consensus mechanism, improve and perfect the economic

incentive model, and hammer at providing high-performance solutions at the commercial

level. Along with the increasing maturity of technology, the continuous improvement of

infrastructures, and the constant enhancement of transaction security and efficiency, the

block chain is expected to stride forward from the 2.0 era dominated by financial

applications to the 3.0 era of large-scale application in many social fields of Orient Walt

(HTDF).

CHAPTER 2 GREAT PLAN FOR “SMART HOME” OF ORIENT WALT (HTDF)

I. Development History and Course of Block Chain

II. Development Trend of Block Chain Technology and Industry

(I)The existing basic protocols face challenges, and new block chain protocol 3.0 is coming up.

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Under the block chain network, Internet of Things, Cloud Computing, and AI could be

used safely and rationally under a commercial environment, breaking down the barriers of

data sharing. The block chain provides a guarantee for data security naturally, so for Internet

of Things and AI, if only the safety and trustworthiness of data are involved, the intervention

of block chain is indispensable. During the constant exploration and trial & error, these

technologies can interwork and complement each other, and bring out the best in each other.

The catalyst for these technologies to integrate and produce chemical reactions is the booster

for the development of AI and digital economy. It will arouse a social fusion, deeply change

humans’ economic activities, and lead to the era of digital economy in the real sense.

Some public chain projects with financing completed in 2017 were launched on major

network or developed network test in 2018, and many supporting products gradually formed a

system, such as mining software, mining machine, underlying consensus algorithms,

block chain browsers, wallet, etc.. Only the projects, of which the underlying public chain runs

steadily and efficiently, and the supporting facilities are built perfectly, have the possibility to

access more commercial applications and create a perfect organizational ecology. In future,

the block chain team will face more challenges, such as promoting the commercial

implementation of DAPP, technical iteration, attracting more communities to develop and

users to participate in the ecological construction of block chain, etc. The unique Orient Walt

(HTDF) has truly leading technical strength, abundant application scenarios, strong

community operation ability, forward-looking strategic layout vision, and will surely be able to

stand out in the fierce competition of public chain.

Through surveying the research and judgment on the development process and trend of

block chain industry, we can clearly see that, at present, block chain technology is still in the

(II)The information technologies like block chain, AI, and Internet of Things, etc. are in deeply integrated development, co-constructing the infrastructures of an intelligent society.

(III)Major networks of some public chain projects are put into servce, and fierce competition is coming up

(IV)Pain spots in and challenges for the development of block chain at present


early stage, and there are still many difficult problems in going deep into the block chain

application fields. As mentioned before, the projects like Ethereum, etc. representing block

chain 2.0 could undertake the development of some industrial applications, but still have a

long distance from large-scale commercialized implementation and applications. Along with

the sustained development of block chain technology, there has not been a consensus and a

system governance system of good cooperation in terms of governance due to the

fragmentation and plate-orientation of rights, as well as the mutual scuffle and competition of

multiple centers. The seven technology innovations of Orient Walt (HTDF) public chain

technology will solve many difficult problems in ecological application perfectly, and this will

surely lead to the coming of the era of block chain 3.0.

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A “smart home” digital ecological public chain realizing the implementation of

application in many scenarios, and guides the block chain 3.0

Orient Walt (HTDF) realizes its design objective through the following several

technologies and innovative solutions.

Meanwhile, Orient Walt (HTDF), by applying block chain technology, has found the

objective of governance mechanism design, established a consensus within a greater scope,

and brought forward six governance mechanisms for the operation management of “smart

home”.

Certification mechanism

Operation mechanism

Incentive mechanism

Decision-making mechanism

Arbitration mechanism

Sharing mechanism

Through the innovative practice of operation governance model on the chain, we reach a

CHAPTER 3 DESIGN OBJECTIVE AND SOLUTIONS OF ORIENT WALT (HTDF)

I. Design Aim of Orient Walt in Implementation of Ecological Applications

II. Technical Solutions of Orient Walt (HTDF)

(I)

(II) Virtual machine – EVM, WASM

(III) Public chain cross-chain technology – Chain group

(IV) Diversified ecological mining mechanism

Brand-new mixed consensus mechanism –POS+PBFT


consensus to the greatest extent, make and execute the most beneficial decisions, share many

kinds of information and affairs on the book account simultaneously, require the consent of

users for the change of any protocol, and encourage any behaviors promoting the ecological

development of smart home. In addition, we provide security guarantee with encryption

mechanism, and create a digital ecological smart home of block chain which is featured of

highly mutual trust of several parties and high credibility.

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Orient Walt (HTDF) creates “smart home” by using block chain technology to

comprehensively enter a trustworthy digitalized life, and thus realize the consensus,

connection, co-governance, and sharing in the era of block chain.

Orient Walt (HTDF) is a basic chain. To build a digital and ecological smart home of block

chain, we have redefined the technical hierarchical architecture of block chain: data layer,

network layer, consensus layer, incentive layer, contract layer and application layer.

Consensus: Block chain technology can guarantee consensus. Its characteristics of real-

time chain launching, non-tampering, and continuity, etc. guarantee consistent contents,

uniform forms, and prevent differences. It promotes the effective communication and

coordination between data.

Co-governance Featured of distributed storage, the block chain realizes decentralization,

and data co-governance or coordination can be effectively implemented through

encryption algorithm or network protocol.

Sharing: With digitalized “smart home” as basic chain, Orient Walt (HTDF) makes it

available for data on different chains to access the data of the other chains, realizing the

sharing of data.

Inter-Connection: Different from the other public chains, Orient Walt (HTDF), as a basic

chain, can connect with any chain, and data circulation and value exchange can be

realized between chain and chain.

:

CHAPTER 4 TECHNICAL ARCHITECTURE OF ORIENT WALT (HTDF)

I. Overview of the Public Chain of Orient Walt (HTDF)

II. Technical Hierarchical Architecture of Orient Walt (HTDF)

Consensus co-governance sharing connection value block chain


The data layer encapsulates the block data, chain structure, as well as the random

number, time stamp, public and private key data etc. on the block, and forms a traceable

distributed encrypted database system.

The network layer mainly realizes the distributed network mechanism through P2P

technology. The network layer includes P2P networking mechanism, data

dissemination mechanism and data verification mechanism.

The consensus layer adopts the mixed consensus mechanism of PoS and PBFT

combination, and it is featured of short block time and high efficiency. Based on PoS, PBFT can

not only improve the efficiency, but also effectively prevent hard bifurcation and ensure the

safety of the main chain.

The incentive layer mainly includes the issue system and distribution system of tokens. Its

function is to guarantee each party’s benefits and fair environment in the ecological system

of “smart home”, provide certain incentive measures, encourage each ecological node to

participate in the safety verification work in bock chain, and call third parties to participate in

the ecology construction and project cooperation of Orient Walt (HTDF).

On the contract layer, Orient Walt (HTDF) integrates a variety of virtual machines (EVM,

WASM). Developers can use multiple development languages to develop intelligent contracts. It

lowers the threshold for developers to get started, improves the development efficiency, and

makes the Orient Walt (HTDF) public chain have infinite scalability.

(I) Data Layer

(II) Network Layer

(III) Consensus Layer

(IV) Incentive Layer

(V) Contract Layer

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The application layer of Orient Walt (HTDF) has realized various application scenarios by

calling the intelligent contracts of the contract layer.

(VI) Application Layer

APPLICATION LAYER

CONTRACT LAYER

INCENTIVE LAYER

CONSENSUS LAYER

NETWORK LAYER

DATA LAYER

Programmable CurrencyProgrammable FinanceProgrammable Society

The Data Block / Chain Structure/timestampHash Function/merkle Tree/asymmetric Encryption

Script Code Algorithm MechanismSmart Contract

Issuing Mechanism Distribution Mechanism

PoS+PBFT

P2p Network Mechanism Of TransmissionAuthentication Mechanism

In the block chain industry, there is a famous theory “Impossible Triangle Theory”, that

is, security, decentralization, and extendibility are not available at the same time.

To solve this difficult problem, Orient Walt (HTDF) adopts on the consensus layer the

mixed mechanism PoS+PBFT, which is an important mechanism for maintaining the benign

development of Orient Walt (HTDF) ecological system. PBFT is a certain consensus. Different

from the probability consensus like PoW, PBFT solves data security, and solves “dual

pay” (dual payment) on the consensus layer. Through the PoS method of mortgage selection,

it maintains the joining and withdrawal of nodes anytime, guarantees the decentralization, and

reserves the follow-up extensibility.

Orient Walt (HTDF) uses mixed consensus, prevents hard bifurcation, and thus

guarantees the security of the main chain.

In the block chain industry, there is a famous theory “Impossible Triangle Theory”, that

is, security, decentralization, and extendibility are not available at the same time.

To solve this difficult problem, Orient Walt (HTDF) adopts on the consensus layer the

mixed mechanism PoS+PBFT, which is an important mechanism for maintaining the benign

development of Orient Walt (HTDF) ecological system. PBFT is a certain consensus. Different

from the probability consensus like PoW, PBFT solves data security, and solves “dual

pay” (dual payment) on the consensus layer. Through the PoS method of mortgage selection,

it maintains the joining and withdrawal of nodes anytime, guarantees the decentralization, and

reserves the follow-up extensibility.

Orient Walt (HTDF) uses mixed consensus, prevents hard bifurcation, and thus

guarantees the security of the main chain.

III. Technology Innovation of Orient Walt (HTDF)

(I) Mixed mechanism guarantees the security of the main chain.

(II) Second-level Transaction Confirmation Speed and High-speed TPS Performance


In the application scenario of digital asset payment, TPS refers to the system throughput,

and also the processing capacity per second of the system. If the concurrency per second of

TPS is too low, it will be very easy to cause serious network congestion, and makes it

impossible for block chain to implement in the field of high-value high-concurrency

businesses. Bitcoin and Ethereum have a transaction frequency of only 10TPS for reasons of

PoW consensus and the restriction of block size, etc. The optimized consensus mechanism and

transaction confirmation mechanism of Orient Walt (HTDF) have the TPS performance of

above ten- thousand level.

The production speed of new blocks in Orient Walt (HTDF) is a second. Meanwhile, for

PBFT consensus is adopted, the transaction record is verified immediately after blocks are

produced, deterministic state machine is obtained. There is no rollback, so it achieves the

transaction confirmation in a second, and can meet the application demand of various

payment scenarios.

On the intelligent contract layer, Orient Walt (HTDF) will integrate traditional virtual

machine EVM, and will also integrate the latest virtual machine WASM.

The developers carrying out development based on intelligent contract (various DAPP

applications) can use multiple languages for development, lowering the entry threshold for

developers, improving the development efficiency, and making Orient Walt (HTDF) public

chain have infinite extendibility.

(III) Excellent Design of Contract Layer

ConsensusNetworking

Java,C++,Go etcAny Language

EVM+WASM

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Multiple chains should realize effective connection first before gradually forming a group

form, and “chain group” is a natural derivative under the huge ecology of public chain.

Through the hierarchical structure, the public chain can carry innumerous chains. Under this

theory, when the “data value machine” like an aircraft carrier becomes larger and larger,

data will surely seek the standardization of circulation. Based on the standard, “chain

group” will surely appear. Between different public chains, it is available to realize the

secondary propagation and integration of data value, and between different chains, it will be

available to realize exchange and inquiry more efficiently.

Orient Walt (HTDF) is a public chain advocated and recommended in the industry and

having normative value. On this public chain, the chains of multiple industries are carried,

forming a huge commercial ecology of benign development. In this commercial ecological

environment, the data produced among different data could be exchanged, traded and

inquired, etc.

The verification nodes of Orient Walt (HTDF) are the ecological nodes of network, and

every node deputizes one or multiple incentive behaviors. The verification nodes play an

important role in Orient Walt (HTDF) network governance system. They not only guarantee the

stable operation of network verification nodes, but also participate in governance actively.

(IV) Implementation of Multi-Chain Cross-Chain through “Chain Group” Technology

(V) Introduction of Diversified Ecological Mining Scenarios

Zone Zone

Zone

Zone

ZoneZone

Hub1 Hub2

Ethereum

Bitcoin


Any party participating in Orient Walt (HTDF) network can apply for becoming

verification nodes, and thus become the candidates for verification nodes. When a candidate

declares his candidacy, the client can endow the “token” agent to this candidate. The total

equity of the candidate is equal to the “token” mortgaged by it plus the “token” deputized

by it.

The total equity of a candidate determines whether this candidate can become a

verification node. After Orient Walt (HTDF) network is started, the top 100 candidates in the

ranking of total equity can become verification nodes. The ranking of verifiers by total equity

determines their block probability and benefits. If a verifier ranks after 100 in terms of total

equity, this verifier will lose the franchise of verification nodes, and become a candidate. The

number of verifiers in the network increases by 13% every year, and is 300 at the most.

The people producing higher utilization frequency, more interactive communities, and

longer utilization time will obtain more “token” incentives. The reward points of the

previous day are calculated every day, and when the points of a participant reach a certain

amount, this participant will be allowed to apply for exchanging “token”. Meanwhile, along

with the in-burst of plentiful participants, we will also support the ecological incentive

measures based on social model and content consumption model. These measures will inherit

the core ideals of the basic incentive measures.

Encouraging ecological participants to provide computing power, and guaranteeing the

normal operation of network;

Settlement of rewards applied to task system, and corresponding trading vouchers;

Rewarding for interaction of applications;

Converting the points obtained from applications into HTDF;

lRewarding network maintenance as nodes;

Completing real-name certification and obtaining incentives;

Encouraging any behaviors making contributions to the technologies of Orient Walt

(HTDF) open-source community and Orient Walt (HTDF) public chain;

System reward for the contributors producing high-quality contents;

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Game

Mall

Copyright

Validation of the node



Giving more rewards to the developers developing more applications which are effectively

operated in the ecology;

Making payments with HTDF for the self-developed application properties used by

developers.

Identity authentication mechanism is a basic mechanism. Orient Walt (HTDF) identity

authentication subtly combines the open and transparent characteristics of block chain

technology, not only ensures the authenticity of Walt people’s information, but also prevents

the abuse of Walt people’s information by other platforms or third parties, guarantees the

privacy and security of Walt people from multiple dimensions.

In order to strengthen privacy and antagonistic attack, Orient Walt (HTDF) will take Walt

people’s identity system as an independent distributed account system.

(VI) Unique Identity Authentication System

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A participant holding HTDF can join a community to obtain specific services. For the

appraisal of relevant special plan, important decisions will be made jointly by important nodes

of the community. In addition, in response to the problems in the centralized review, such as

many review sections, strong objectivity, and narrow cognitive coverage of reviewer, etc.,

Orient Walt (HTDF) community adopts “on-chain community voting” as solution.

As a kind of equity token, HTDF represents not only project token equity, but even the

right of participation and right of voting, etc. in Orient Walt (HTDF) community. All ecological

application scenarios must be implemented with the participation of HTDF. For the limited

total quantity of HTDF, along with the development and improvement of ecology, HTDF will

drive the growth of value due to demand quantity and scarcity.

The values of HTDF are created by each member of Orient Walt Community. The

community members pay their own attention to and spend time on the construction of

community, so as to make the economic system of Orient Walt (HTDF) operated. All these

achievements will be returned to each user of the community. HTDF is the token under the

economic system of Orient Walt. Therefore, the flourishing of Orient Walt economic system is

indispensable to the flourishing of HTDF value.

In HTDF, Orient Walt community distributes HTDF to the individuals with contributions

to Orient Walt community. As an important value voucher with public trust in the economic

system of Orient Walt, HTDF can be divided and transferred. It is the consideration reference

of any consumption scenario in the economic system of Orient Walt. This is the external use

value and commodity attribute of HTDF.

Meanwhile, HTDF has broad application scenarios in the economic system of Orient Walt,

and has the token of free circulation. This is the intrinsic value of HTDF. Therefore, HTDF is

the digital encryption security token of Orient Walt (HTDF), and also the main composition of

Orient Walt (HTDF) ecological system.

CHAPTER 5 ORIENT WALT (HTDF) COMMUNITY GOVERNANCE MODEL

I. Orient Walt (HTDF) Community Value

II. Orient Walt (HTDF) Foundation

(I) Value of the Foundation


Orient Walt (HTDF) block chain network is accessed to the business environment through

public key. Walt people will obtain exclusive private key, authorize a third party to query their

identity information through the user information authorization protocol, and then provide

effective identity information through the users’ real-name application system of Orient Walt

(HTDF). In addition, Walt people will utilize anti-money laundering identity authentication

and identification, and authorize the testing of identity and bank information for cross-

confirmation. Walt people can obtain exclusive account address through block chain network,

bind the confirmed information with account for payment, and store the information on the

chain.

Compared with off-chain governance, the rules of on-chain governance are embedded

into the protocol layer of block chain. It means that, any decision executed will be

automatically converted into code, such as the decision on the size of block. In order to

overcome the pain spot that developers’ motivation is unclear, the developers can broadcast

their improvement opinions on the chain. Once a proposal is approved through on-chain

voting, it will be implemented in the test network. After a period of time, if the proposal is

passed in the last round of voting, it will be operated in the major network. Interestingly, on-

chain governance protocol could also help us roll back and edit the account book history. In

the off-chain governance system, bifurcation is currently used to eliminate previously

unpopular on-chain behaviors. Orient Walt (HTDF) hopes to make such decisions by using on-

chain voting mechanism. After being attacked by Hacker, or unpopular contents are uploaded

on chain, users can cancel such behavior through on-chain voting.

Orient Walt (HTDF) will gradually write various mature governance modes in the protocol

layer of the block chain by means of algorithm at different stages of the project, so as to

guarantee the transparency, fairness and safety of the digital ecological smart home of the

whole block chain.

The on-line governance practiced by stage includes “on-chain community voting”, “on-

chain voting result decision-making”, and “on-chain economic behavior arbitration”, etc.

(VII) Practice of on-chain Community Governance Model

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Orient Walt Foundation is a non-profit fund management institution legally registered in

Singapore. It is aimed to develop and research the block chain solutions applied to the life

service ecosystem, and to provide capital and technical supports for the research &

development and maintenance of block chain technology, and the operation of ecosystem of

relevant enterprises.

The foundation for the existence of Orient Walt Foundation is the authorization of

community members. The Foundation will assist relevant partners to complete the promotion

of relevant commercial applications (relevant partners include service providers, node

information providers, algorithm providers, market operators, enterprises, and client end

users, etc.).

As a non-profit fund management institution, the Foundation maintains the normal

operation of the whole Orient Walt (HTDF), and its community, as the highest organ of

authority, adopts voting mechanism for management.

It executes relevant powers endowed by the community justly, and carries out normalized

operation.

The Foundation is a non-profit organization.

It executes strict foundation management system, and follows corresponding

requirements in commercialized operation and resources allocation.

The Foundation is comprised of the user communities holding HTDF, and its power is

sourced from the communities. Community members can participate in the voting on the

major affairs of the communities. The major affairs of communities include the affairs relating

to the community’s technical development direction, community management mechanism,

as well as the Foundation’s capital use, and appointment and dismissal of core personnel,

etc.

The ultimate objective of Orient Walt is to establish a decentralized governance model.

(II) Nature of the Foundation

(III) Decision-making Mechanism of the Foundation

(IV) Decentralized Governance of the Foundation

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The Foundation establishes the Board of Directors, and every director takes charges of the

governance of the Foundation correspondingly, namely research, core projects, product

development, development personnel, human resources, global token holders, marketing and

ecological system construction, and other communities.

The board of directors of the Foundation is established for two major objectives:

Controlling the risks in the decision-making process;

Encouraging to make clear problems and to improve the decision-making quality.

After Orient Walt (HTDF) is recognized globally and held greatly, Orient Walt (HTDF) will

step into the era of complete decentralized governance. Under the decentralized governance

mode, all Orient Walt (HTDF) holders will select the committee representative, who will work

in a specified business term. Where election at expiration of the office term is required, the

committee representative will execute the intelligent contract on Orient Walt (HTDF), and

transfer the right to use the fund of the Foundation to the newly elected committee.


HTDF (Orient Walt) is a digital ecological smart home based on block chain and developed

under the dominance of Orient Walt Foundation Ltd. Orient Walt (HTDF) brings forward

unique comprehensive solutions through the analysis on the existing problems of block chain,

and solves a series of concrete problems such as difficult implementation in the era of block

chain based on the governance mechanisms like POS+PBFT mixed consensus mechanism,

chain group cross-chain technology, new intelligent contract, identity certification, etc., as

well as diversified mining technologies. Through innovative technological characteristics, it is

integrated into many ecological application scenarios of “Smart Home” like entertainment

game, social payment, Internet of Things, etc., thus guiding the true coming of the era of

large block chain.

Chinese name of the token: 华特东方

English name of the token: Orient Walt

Abbreviation of the token: HTDF

Total amount of Token: 96 million

Market circulation: 60 million

Diversified mining: 36 million

CHAPTER 6 ECONOMIC MODEL OF ORIENT WALT (HTDF)

I. Brief Introduction to HTDF

II. Distribution Plan

Total number of the token: 96 million (never issued additionally)

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Diversified mining: 36 million

Market circulation: 60 million

62.5%

37.5%

96 MILLION


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60 million pieces in circulation:Orientwalt（ HTDF） has hundreds of thousands of users

all over the world. The digital asset holdings of users can be inquired through the address of

the block chain browsing area (contract address).

36 million pieces are reserved for mining: Orientwalt（HTDF ）adopts PoS consensus

algorithm to create a multi-occasion, multi-ecological and diversified mining system, and 36

million pieces are reserved for diversified mining.


As a distributed basic public chain, Orient Walt (HTDF) can provide a technical

foundation for the distributed services of plentiful application scenarios, and make the service

team of each business sector use the distributed services in each field conveniently without

grasping complicated systems and techniques such as block chain, distributed account book,

password mechanism, distributed network, and various businesses, etc.

With block chain technologies, Orient Walt (HTDF) heles enterprises to create community

ecological applications which are extensible, standardized, easy to develop and coordinate. It

will be the global first symbolic Eastern Wall Street based on block chain. As an entirety, it is a

comprehensive service application scenario of creating and arranging online block chain. It is

applied to not only digital assets, but also entertainment games, Internet of Things intelligent

lock, social payment, etc. Users holding HTDF can carry out the circulation and interaction of

assets on the block chain.

According to relevant statistics, at present, the output value of the global game industry

has broken through hundred billion USD, exceeding the sum of the movie and music

industries. The quality of games mainly depends on the contents developed by the research

and development operators and the operation services provided by the issuers. However, the

channel operators and payment channels hold absolutely most profits, while the issuers and

research & development operators located at the headstream could obtain extremely limited

benefits, and moreover, they need to undertake the highest risks. This is just the root cause

that the game industry chain is unhealthy and incomplete, plentiful excellent games are

covered up, and the resources of research & development operators and issuers are wasted.

Orient Walt (HTDF) provides an ecological public chain for the game industry:

CHAPTER 7 APPLICATION ECOLOGY

I. Scenario Application of Entertainment Games

The block chain service facing game developers – SDK, a complete tool providing game

developers with income plan, marketing program, payment interface, one-key issue,

account, and virtual asset management.

Game developers can develop games at Orient Walt (HTDF). Game operators can operate

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games by relying on Orient Walt (HTDF).Stakeholders include game developers and

operators, game players, Orient Walt (HTDF), and investors, etc. All transactions can be

settled automatically in the form of intelligent contract for block chain so as to guarantee

the income of each party and lower the costs of transactions. Each stakeholder can adopt

the digital assets of each game to carry out cross-game transactions, and can exchange

digital assets with Orient Walt (HTDF).

Game application scenario is the core entrance for gathering the traffic of game players,

could help game developers and operators provide the development and operation

environment, and provide many choices of games to game players. Each game pays HTDF

to Orient Walt (HTDF) to exchange for the services of Orient Walt (HTDF), including but

not limited to solving the problem of data storage through block chain technology, solving

the problem of data reproduction through proprietary technology, solving the problem of

data privacy through identity authentication mechanism, and provide a series of data

services like data access, data standardization, and data association, etc.

Investors can obtain benefits from investing in the development of game application

scenarios and digital game assets.

Game developers and operators can obtain digital assets by selling games and game

properties.

The solution of Orient Walt (HTDF) to the problems like the settlement of bad debts and

over long collection period: Firstly, through the access to SDK, the property transaction

and service purchasing in the games shall be implemented through HTDF. Secondly,

Orient Walt (HTDF) is a digital asset based on block chain, and it could be traded safely

without fabrication and bad debts. Thirdly, through intelligent contract, the incomes from

channel, issue, research and development could be clearly confirmed by each party, and

cannot be altered after confirmation. Finally, every consumption of players can be

transferred to the wallet immediately through the intelligent contract, realizing real-time

entry into account.

Orient Walt (HTDF), as an open public chain, provides services to game developers. It will

set up a certain amount of commission on the internal purchasing items in the games. All

commission agreements are based on the implementation of the intelligent contract, and

are guaranteed to be non-tampering.

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Game players purchase games, game duration, and paid properties in games through the

digital assets of such games. Game players can purchase the digital assets of games

through Orient Walt (HTDF), and can obtain digital assets through the property trading in

games or the awards set up in the games.

Game players can obtain virtual assets through games, then transfer these virtual assets to

the other players, so as to make profits.

Game players can also obtain a certain amount of HTDF reward through game playing,

evaluation and recommendation, and realize that “gaming is just mining”.

Large-scale social platforms controlled by centralized organizations manage the rules for

the production, dissemination and sharing of platform contents by gathering hundreds of

millions of users, and make high-amount profits through social network and content creators.

As the creators of social contents and the only contributors of daily life data, users have never

obtained corresponding returns. In addition, traditional centralized social platforms have the

pain spots like lack of incentive, blindly aspiring after traffic, lack of safety, no free rights and

interests, and being easy to be controlled.

II. Scenario Application of Social Platform

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Orient Walt (HTDF) is aimed to establish a decentralized, free and equal, civilized and

co-governed social application scenario.

The trust system built with Orient Walt (HTDF) public chain technology has not only its

universal properties, but also its particularities, and especially, in different application

fields, it has different requirements on identity and trust from various trustable data sources.

In different business scenarios, a same entity (person, institution, object) has different

requirements on the grade, certification, and rules, etc. of data sources, and has different

utilization scopes of entity data and the safety rules for data exchange and coordination, so it

guarantees the real identity of Walt people in the community, and meanwhile, protects their

privacy;

For any information issued in the application scenarios of Orient Walt (HTDF), the

digital signature of such information will be written in the chain through encryption

technology to ensure the traceability and the tracking of issuer, the openness and

transparency, non-tampering, and non-deletion, so as to change the phenomena of

traditional centralized platforms like post deletion, post alteration, issuance of false

information, etc.

Information release and transmission is an important part of life. Obtaining trustworthy

identity recognition from the major network of Orient Walt (HTDF) just means obtaining the

corresponding digital signature. High-quality information can receive the HTDF reward from

readers, and meanwhile, have the original copyright confirmed.

Diversified innovation can be promoted based on each participation and service subject

of Orient Walt (HTDF). Different types of valuable social activities are established, and HTDF

can be adopted as the voucher of participation.

Chatting social application ecology is also used most widely. In order to ensure

users’ privacy, each message is subject to end-to-end encryption. A message sender signs

the protocol with key conservation content, and the content of messages forwarded cannot

be consulted at any other nodes. All social activities applying HTDF have a certain

probability to obtain HTDF incentive, realize that sociality is just mining, bringing about new

vitality and energy to the market.

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In the present application scenarios of Internet of Things, intelligent lock could be seen

everywhere, like various locking devices in sharing economy, various intelligent configurations

in home-stays and hotels, and various facilities in unmanned retail industry, etc. Around us,

intelligent lock serves as a key tool for use.

Actually, intelligent lock is not necessarily an entity lock in the traditional sense, but is a

linkage mechanism which contains the comparison and implementation of the information in

several aspects, such as the confirmation on users’ authority, the judgment on

users’ operation demand, and the confirmation of operation execution results, etc. For

example, during the sale of intelligent retail cabinets, the intelligent lock needs to judge the

information firstly including users’ identity and solvency, then judges the commodities that

users need to purchase, the commodities actually purchased and the quantity, and finally,

completes the settlement of transactions. Therefore, the operation of opening the door or not

opening the door controlled by the intelligent lock can also be abstractly defined as the process

of the intelligent lock’s confirmation on authority.

I . II Scenario Application of the Internet of Things

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On the premise of ensuring the privacy of intelligent hardware manufacturers, sensor

manufacturers, as well as third-party information providers, Orient Walt (HTDF) public chain

is completely competent for the role of communication coordination and information & data

right confirmation.

Through the machine trust mechanism, by using multiple sensors like image, audio, etc,,

and by adding time stamps, we can establish a complete and non-tampering block chain file

for the digital information on the identity and production, transportation, storage, and sale of

objects, provide judgment data for the intelligent lock in the Internet of Things hardware in

each section, and thus execute corresponding “opening” or “closing” operation. If it is

necessary to identify responsibilities and reasons for events, it will become easy, credible and

provable to trace the occurrence point and the person responsible of the events through the

files of objects on the block chain.

(I) Data Right Confirmation

(II) Identity Recognition and Anti-counterfeiting & Traceability of Objects


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Chapter 8 Schedule of Orient Walt (HTDF)

The project was at the embryonic stage.

Completed the investigation of demand on the combination of Orient Walt (HTDF) community products with block chain technology.

1. Completed the type selection of technical scheme;2. Established the technical development team.

1. Completed the design of technical architecture;2. Issued the White Book of the first edition.

1. Start the test of internal test network;2.Issued the White Book V2.0.

Launch the major network online.

Implement a large number of commercial application scenarios.

1. Start the test of public test network;2. Launch HTDF at the Stock Exchange.3. Walter wallet released。

1. Complete the identity recognition system;2. Complete the development of the ecological scenarios of game and entertainment;3. Complete the development of social payment scenarios.

2017

September 2018

1. Complete the integration of multiple virtual machines (EVM+WASM) on the intelligent contract layer; 2. Complete diversified mining.

October 2018

December 2018

May2019

June2019

2019.Q3(Third Quarter)

2019.Q4(Fourth Quarter)

2020.Q1

2020.Q2


Orient Walt (HTDF) will spare no effort to realize the development goals brought forward

in the White Book, and extend its own growth space. At present, Orient Walt (HTDF) has had

very mature business models, and this White Book will also be updated and adjusted in time

along with the progress of this project.

During the updating and adjustment of this project, loopholes will possibly be discovered,

and they can be made up by issuing patches, but the influences caused by the above-

mentioned loopholes cannot be guaranteed.

Digital assets are featured of being anonymous and difficult to trace, so they are easy to be

used by criminals or attacked by hackers, or they are possibly involved in criminal behaviors

like illegal asset transfer, etc. For the risks or consequence arising from the above-mentioned

circumstances, Orient Walt (HTDF) will be exempted from undertaking relevant liabilities.

As a virtually cryptographic digital asset in the public train system of Orient Walt block

chain, HTDF is an important tool for incentive. As an encrypted digital asset, HTDF does not

belong to the financial transaction products of any types below, including but not limited to

securities, legal entities’ stocks, bond, notes, warrant stock or other documents on

endowment of any rights.

Orient Walt (HTDF) observes any regulatory regulations and industrial self-disciplines, etc.

conducive to the healthy development of the industry. The participation of users represents that

the users agree with, accept and observe such regulation. Meanwhile, all information provided

by participants to complete such regulation must be complete and accurate.

CHAPTER 9 DISCLAIMER

I. Disclaimer for Technology

II. Disclaimer for Hacker Attack and Crime

III. Disclaimer for Functional Token

IV. Disclaimer for Policy

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The appreciation or not of HTDF depends on the market demand and market law. Orient

Walt (HTDF) does not make any revenue commitment to its appreciation, and does not assume

responsibility for the consequences arising from the increase or decrease of the value.

To sum up, Orient Walt (HTDF) has clearly communicated to the participants the risks

possibly involved in the operation of the project, and the holding of Orient Walt (HTDF) by

participants should indicate that the participants have confirmed that they know and approve

various clauses and descriptions in the White Book, accept the potential risks of the Project,

and will solely undertake relevant consequences. Before making the decision to participate,

the participants shall please sufficiently make clear the background and strength of this

project, and know its overall framework and thinking. Participants shall participate in the

project rationally!

V. Disclaimer for Market Risk

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华特东方（...23 华特东方（htdf） 基于区块链的数字生态智慧家园 1.0 2.0 3.0...

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华特东方（...23 华特东方（htdf）基于区块链的数字生态智慧家园 1.0 2.0 3.0...