Tolar is a work-in-advance blockchain arrangement in view of its own HashNET protocol that intends to determine the issues confronting current blockchain innovation including cost, moderate exchange speed, and scalability.
HashNET consensus utilizes "excess lessened prattle" and "virtual voting" protocol, which means to give a reasonable and quick byzantine blame tolerant consensus calculation. As no mining is required, less registering assets and in this way, electrical power, is utilized.
Utilizing Proof-of-Stake (PoS) and masternodes to achieve circulated consensus, the platform plans to accomplish 200,000 exchanges for each second (TPS), making it quicker than a considerable lot of the officeholder blockchains.
Highlights of HashNET incorporate straightforwardness of assets, speed, portable perfect, capacity to develop, and decentralization.
A prototype discharged by the group in June 2018 has demonstrated 130,000 TPS amid the live demo and, as per the group, came to up to 150,000 TPS amid their own particular test runs.
As indicated by the group, Tolar is intended to end up a worldwide installment arrange from the begin. In the long run, the platform will have the capacity to have new ICO extends and decentralized applications.
Project name: Tolar
Token symbol: TOL
Website: https://www.tolar.io
White paper: https://www.tolar.io/wp-content/uploads/2018/07/Tolar-whitepaper-1.pdfHard cap: 45,000 ETH (token sale contributors will own 35% of the total token supply)
Conversion rate: ICO price and presale price for 1-9 ETH = 0,000145055 ETH per TOL
Maximum market cap at ICO on a fully diluted basis: $54 million based on current ether price of $420
Bonus structure:
For presale, contributions of > 50 ETH = 20% bonus;
between 10-49 ETH = 10% bonus. 3-month lock up for bonus tokens.
Private sale / white list: Presale in progress until the end of August 2018.
Presale and whitelist registrations are currently open at https://tolar.io/presale.
ERC20 token: Yes (will be switched to native tokens when the mainnet is launched)
- Countries excluded: USA, China
Timeline: Currently planned for September 15-20, 2018 (14:00 GMT). The ICO may end earlier if hard cap is reached (please visit Tolar’s official website and join their Telegram channel for the most up-to-date information on their upcoming token sale)
Token distribution date: Q3 2018
This article was created in exchange for a potential token reward through Bounty0x
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