About Tolar HashNET
Tolar HashNET is scalable, efficient and high-impact decentralised solution to social innovation challenges leveraging Distributed Ledger Technology (DLTs). This algorithm features faster transaction time, masternodes and will have an open source, community governed crypto-currency – Tolar. Hashnet consensus uses “redundancy reduced gossip” and “virtual voting” protocols based on a distributed computation and algorithms from theoretical computer science, which provides a fair and fast, byzantine fault tolerant consensus algorithm. It is a new consensus substitute platform and is designed to run on a non-permissioned (public) network thereby, reaching a larger communit.
Basic Information
| Token Name | Tolar HashNET |
| Token Symbol | TOL |
| Social Media | |
| Language | English |
| Platform | Ethereum |
| Token Sale | 350,000,000 TOL |
| Token Supply | 1,000,000,000 TOL |
| Accepting | ETH |
| Whitepaper | Click Here For View Whitepaper |
| Website | Click Here For Visit ICO Homepage |
Technical
They are more comfortable using c++ because all our developers are experienced in c++ and they use best practices to make sure that doesn’t happen. But we use go as well for the more high level stuff and networking.
Can you tell us some future plans
They want to compete with Ethereum and Hyperledger. They goal is to offer faster, more scalable solution featuring masternodes and proof of stake.
HashNET Characteristics
Transparency of fund
Allocation of community funds and voting process is 100% transparent.
Speed
Network’s Throughput can process 200,000 transactions per second.
Mobile compatible
HashNET can be run as full node even on smartphone.
HashNET consensus mechanics
Each member of the network has a copy of the HashNET – information structure that keeps record of who propagated which event to whom, and in what sequence. Those events are spread between HashNET members using gossip protocol and the validity of events is decided by voting. However, in order to increase speed and reduce bandwidth needed, every member that has a copy of HashNET can calculate what would be the vote that other member sent to him and if they had been running a traditional Byzantine agreement protocol that involved sending actual votes.
Platform will you issue tokens
They will issue ERC20 tokens as placeholder tokens at ICO and then exchange for mainnet tokens when mainnet is released.
Masternode
Server in this case is computer or computing-cluster connected to a network which provides masternode services mentioned above. Minimum requirements for server are:
▪ quad core 64bit processor
▪ 16 GB RAM
▪ 128 GB of available disk space
▪ 50 Mbps symmetrical internet connection
▪ Fixed and unique IP (only one masternode can run at one IP address)
VIDEO
Team
| Member |
Josip Maricevic Founder / CTO Drazen Kapusta FOUNDER / PRINCIPAL Zoran Dordevic CEO Terence Tse BOARD MEMBER Sasa Pekec BOARD MEMBER |
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