Hello guys!!! Have you heard about an open source, community governed crypto-currency featuring scalable, fast, secure, and fair transactions?now let me introduce to you Tolar platform.
INTRODUCTION
HashNET provides novel solution to computational and communicational difficulties of maintaining large-size public distributed ledgers.HashNET is a scalable, fast, secure, and fair decentralized- beyond blockchain project, leveraging Distributed Ledger Technology (DLT) and consensus algorithm which keeps all positive characteristics of a blockchain technology while increasing throughput to more than 200,000 transactions per second.
One of main goal of designing hashnet was a significant reduction of computational and communication resources needed to operate and maintain the system.they also build design a varian of a Redundancy Reduced Gossip (RRG) protocol for information transfer on appropriately designed networt ,and this achieved a considearable lower tragic load than push pull gossip protocol.
Furthermore,every node has a sufficient information on the entire hashnet structures,information about events and there propagation through networks are included,these information are used to compute content of the vast majority of messages required by our RRG protocol,thereby eliminating the need for sending them and, consequently,significantly reducing communication requirements.
They also where able to guarantee improvements in the global data storage size,we also utilize concepts such as Confidential Transactions and "One-Way Aggregate Signatures"(OWAS),which are shown to provide private exchanges and better adaptability.
CHARACTETISTICS OF HASHNET
*Transparency of fund:the Allocation of community funds and voting process is 100% transparent.
*The network speed can process 200,000 transactions per second.
*With the use of mobile compatible ,hashNET can be run as full node even on smartphone.
*Easily scales with number of users
*Hashnet is completely decentralized ,whereby every participant can contribute by voting.
Tenders and budget plans are available to all Tolar holders. Magnus Consilium will select projects for voting, based on a solution that best meets the following criteria
1)Social impact:this is a potential impact achieved by the implementation of the solution.
2)Decentralisation and governance:this allows voters to vote on a future network developments
3)Outreach:Adding value by spreading a word out to the community.
4)Contribution:Awarding improvements of Tolar network.
5)Extensiveness: Allowing voters to make decisions on further development paths
Roadmap
Q2 2017
TOLAR project founded and funding received
Executive group established
Q3 2017
Blockchain Conference
Rovinj Initial network development
First cryptocurrency experiments conducted
Q1 2018
Launch of the Blockchain academy.
Recruiting process of key team members has started.
Core Tolar team created with 30 members.
Website published.
Tolar will introduce project publicly
Q2 2018
Initial version of HashNET whitepaper
Launch of initial mainnet chain with masternodes and staking system.
Start of the private sale phase and social media presence.
Q3 2018
Finalized version of HashNET whitepaper
Developers demonstration of HashNET Pre-ICO
ICO Exchange listing
Q4 2018
Chain explorer
Mobile wallets
Q2 2019
Public release of HashNET chain
Switch mainnet to HashNET protocol
Future development
Smart contracts
Quantum resistant cryptography
For more information on Tolar please visit there
website:https://www.tolar.io/
Whitepaper:https://tolar.io/wp-content/uploads/2018/06/HashNET_whitepaper_v03.pdf
Username: osakuni
