Tolar HashNET

Category: CryptocurrencyPlatform

About

Tolar is an open source, community governed crypto-currency featuring scalable, fast, secure, and fair transactions.

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. Network is using Proof-of-Stake with masternodes, which eliminates the need for a massive energy consumption. HashNET is scalable. Scalability is the biggest problem in the blockchain technology space. Projects like Bitcoin and Ethereum are simply not capable of transferring a large number of blockchain transactions in a short timeframe. HashNET, on the other hand, was built to support over 200,000 transactions per second, compared to Bitcoin, which can only manage 7 transactions per second. Also, even with a large increase in number of nodes, HashNET network will be able to process all transactions in a matter of seconds. HashNET is fair, because no individual can manipulate the order of transactions. With HashNET, there is no way for the individual to affect the consensus order. HashNET is fast, because it doesn’t require miners to create a chain of blocks in order to record transactions. This process of creating a chain of blocks is very slow and it consumes a large amount of electricity. HashNET uses Proof-of-Stake algorithm combined with masternode to reach distributed consensus. The process of receiving and recording occurs as soon as transaction takes place, which allows the final confirmation to be ready instantly. HashNET is 100% secure. HashNET can’t be hacked due to the power of distributed algorithm, which is responsible for reaching consensus within the nodes. Also, combining Proof-of-Stake and masternode creates transparency, since the participants are compensated for correct voting.

Documents

Whitepaper

Contacts

Tolar HashNET

info@tolar.io

Milestones

  • 2017 April
    TOLAR project founded and funding received Executive group established
  • 2017 August
    Blockchain Conference Rovinj Initial network development. First cryptocurrency experiments conducted.
  • 2018 February
    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
  • 2018 May
    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.
  • 2018 September
    Finalized version of HashNET whitepaper Developers demonstration of HashNET Pre-ICO ICO Exchange listing
  • 2018 December
    Chain explorer Mobile wallets
  • 2019 May
    Public release of HashNET chain Switch mainnet to HashNET protocol

Team

Board of directors

Josip Maricevic
Founder/CTO
Drazen Kapusta
Principal
Zoran Dordevic
Board Member
Terence Tse, PhD
Board Member
Sasa Pekec, PhD
Board Member
Alan Kuresevic
Board Member
Jeffrey Treichel
Board Member
Marko Kucic
Board Member

Advisors

Manuel Alonso Coto
PhD
Valerio Opacic
Access and Security Services
Peter Merc
PhD
Petko Karamotchev
Advisor

Team

Mario Vojvoda
CIO
Martin Zagar PhD
Science
Srđan Maksimović
IT Developer
Kristijan Rebernisak
IT Developer
Vedran Novoselac
IT Developer
Vinko Bradvica
IT Developer
Igor Jerkovic
Core Developer
Sandi Fatic
Core Developer
Bojan Hadzisejdic
BDM
Neda Zajko
CMO
Ljiljana Babic
Manager
Gordana Spisic
Manager
Mario A. Gigovic
Business developer
Aco Momcilovic
HRM
Isidora Vazic
Community Manager
Dorijan Palic
Design

ICO information

Token information

Dates and stages

Ratings and reviews

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Tolar HashNET

Category: CryptocurrencyPlatform
TokenDesk rating
-
Reviewed and rated by
0 experts|0 members
Platform
Ethereum
Token
Not specified
Token value
0.112821 USD
Hard cap
35 000 000 USD
Payments
Ethereum

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