TOLAR HASHNET (TOL) ICO Review

in #ico6 years ago (edited)

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CONCEPTS

Tolar HashNet is a project built on open source inspired by the Hashgraph model to solve the problem of blockchain.

Tolar HashNet was born to solve the problem of existing platforms that often generates large amounts of messages between nodes in the system, causing waste of resources and solving performance problems. tissue, service quality is not good of blockchain.

Tolar HashNet solves that problem by:
Using HashNet is a variant of the Redundancy Reduced Gossip that reduces the number of unnecessary messages in the system by half.
Develop the election system on the nodes to provide incentive policies that eliminate bad nodes that endanger the system.
Manage nodes with the nodes Reputation Based System to prevent bad behavior.
Implement multiple voting and election mechanisms to select a group of high-level nodes to protect consensus and protect the system from bad nodes.
A plurality of nodes have the right to evaluate and vote on the nominations of any node, and any node has the right to nominate polls for any given topic.
Upgrade Bitcoin's MimbleWimble model by developing the concept of Confidential Transaction and One Way Aggregate Signatures.
Upon reaching the desired throughput, Tolar HashNet will be integrated with Ethereum Virtual Machine (a smart contract).
Developed a new algorithm for Quantum resistance on HashNet.

Opponents: There are quite a few rivals, but Tolar HashNet still has the advantage to compete with the official information from the admin, the testnet has reached 100,000 tps.

PRODUCT

Currently Tolar has no MVP or source code.

DEVELOPMENT TEAM

Rating: Moderate

ADVISOR

Rating: Moderate

PARTNERSHIP

Review: There is no information on strategic partners.

INVESTORS

Review: There is no information on strategic partners.

TOKEN POLICY

Total Supply: 1,000,000,000 Tolar Token
Platform: Ethereum
Accept: ETH, NEO
Hardcap: ~ 35,000,000 USD
ICO Price:
1 Tolar token = 0.11 USD

CONCLUSION

Short-term: Potiental
Long-term: Potiental

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Coins mentioned in post:

CoinPrice (USD)📉 24h📉 7d
BTCBitcoin7373.810$-4.03%-7.07%
ETHEthereum405.220$-3.95%-12.68%
MVPMerculet0.004$-2.29%-7.77%
NEONEO27.316$-7.99%-17.47%
QAUQuantum0.149$-2.19%0.85%