Polaris
We aim to combat fundamental weaknesses correlated with blockchain architecture. Pre-existing developments have exhausting problems such as slow block times and high transaction costs. Blockchain commercialization and utilization becomes more costly and taxing for companies this way. Our set of development tools will remedy this, gathering advanced blockchain technology to experienced developers and amateur developers alike. We present the first candidate for a secure sharding protocol for permission-less blockchains. At its core, it will scale up the agreement throughput near linearly with the computational power of the network and tolerates byzantine adversaries which controls up to one-fourth computation capacity. It offers promising scalability and usability in next-generation cryptocurrencies.
Pre Sale
Dec 7, 2018
Jan 7, 2019
100% completed
Raised funds - no Data
Hard cap
20 000 000.00 USD
Token Details
Total supply
1,000,000,000
Token Distribution
Tokens will be issued immediately to the public after payment transfer, Conversely team tokens will be unobtainable for a period of 12 months to attain sustainability to the projects longevity.
Accepted Currencies
ETH
Min Contribution
1
ETH
Company Details
Registered Company Name
polaris official
Registered Country
China
Company Founded
Mar 8, 2017
Bonus Structure
Receive an additional 20% bonus when you purchase tokens in our pre-sale. (min 10 ETH)
Additional Details
Platform
Ethereum
Categories
Platform
About Polaris
The Polaris Project will be the benchmark for blockchain technology. We aim at making our sharding technology bulletproof amongst the various other blockchain developments surfacing today.Our underlying technologies are proposed to be made open source as it is truly an open and decentralised system. An aim for Minimization in transaction intricacy, as well as advancements in clarity and fraud, Providing multiparty transactions using our convenient architecture. Sharding technology uses a prominent consensus protocol to complement transaction processing. Decentralized Nodes can interoperate without a centralized source of decision making and management. Nodes can make decisions amongst themselves, including systemic administrative decisions on the basis of consensus. Subset nodes collaborate using algorithms to aid in completion. Combined financial knowledge with quantitative risk assessment to assess how an investment will perform under a new offering in the financial sector. The use of stochastics, simulations and analytics to design and implement new financial processes to solve problems.
Polaris Roadmap
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Q1 2016
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Project Startup
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Q2 2016
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Technical Whitepaper
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Q2 2017
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Adaptive Sharding
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Q1 2018
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Testnet Iterative
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Q2 2019
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Testnet Release
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Q3 2019
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Main-net
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Polaris Team
Verified 100%
Polaris Interviews
Bao Chen
As a team member, сan you tell us about your role in the ICO project?
I work on shaping the vision and direction of the business and focus on designing business systems and processes that enable the successful implementation of the business strategy.
What do you think about idea?
Great team and great concept, one of the very few truly practical and innovative new tokens available in the market today
Ning Shen
As a team member, сan you tell us about your role in the ICO project?
My role is to over see the direction we take in our project and stand aside the team in leading us to where we see fit.
What do you think about idea?
I think this will be a revolutionary concept to the crypto market
Yufeng Lu
As a team member, сan you tell us about your role in the ICO project?
I am a core developer for the Polaris project. I am experienced in all aspects of software and application development. More recently i have been developing core systems for blockchains.
What do you think about idea?
I think its a great idea and it will revolutionize blockchain technology. With the new sharding protocol we have implicated, the TPS is greatly increased.
Xiao Ye
As a team member, сan you tell us about your role in the ICO project?
I am head of Tech and the team leader who will be designing and implementing aspects of the project.
What do you think about idea?
I'm sure the Polaris project will be the first project that will be actively utilised in the real economy.
Lee Fong
As a team member, сan you tell us about your role in the ICO project?
. I am the companies finance executive and I am in charge of all the business expenses and directions we chose to lead the company in financially .
What do you think about idea?
I believe in the concept and feel it will completely change the crypto scene , there aren't many concepts with sharding technology.
Michael Choy
As a team member, сan you tell us about your role in the ICO project?
Developer that supports front-end web development and networking projects.The focus is on the role of making business systems real. I also support network and system management.
What do you think about idea?
I'm sure this platform will play a leading role in expanding the blockchain services ecosystem.
Tao Wang
As a team member, сan you tell us about your role in the ICO project?
I run the Business Model Planning, I define and plan Project related models. With blockChain technology, We will evolve into a variety of business models.
What do you think about idea?
Think our Project will be a success because it meets the basic needs of all of blockchain requirements.
Luyu Wang
As a team member, сan you tell us about your role in the ICO project?
Architect who designs, based on various experiences and guides the most effective project by clarifying the process. I presents roles and tasks with appropriate communication skills and manages them to become highly mature projects.
What do you think about idea?
There are many coins, but very few are actually used. Polaris will play a central role in financial platforms based on its currency's inherent role and safety as a real coin.
Lucien Tao
As a team member, сan you tell us about your role in the ICO project?
As a Researcher and Whitepaper writer for Polaris, I believe that this project is going to be the front leader in sharding protocol tech.
What do you think about idea?
I think content strategy plays a big part in promoting interest in any product or platform.
Liu Jia
As a team member, сan you tell us about your role in the ICO project?
General manager of ICO marketing, Media promotion, Bounty / Marketing agency management, ICO Planning, Logic development / system architecture design / White Paper and investment proposal planning.
What do you think about idea?
I believe it will be A new model that can see revenue from both cryptographic currencies and the real economy.
William Jing
As a team member, сan you tell us about your role in the ICO project?
I am the project manager and I over look in which direction and decisions we make as a team in leading our project to great success.
What do you think about idea?
In a few years, if our project goes ahead as planned, it will present a new paradigm in the financial and crypto markets.
Zing Mao
As a team member, сan you tell us about your role in the ICO project?
My key responsibility is to build a user-friendly user interface for the decentralised blockchain platform.
What do you think about idea?
I believe the product could be a success because it is based on a unique new technology that will rise above all other blockchain ideas.
Richard Li
As a team member, сan you tell us about your role in the ICO project?
My role at Polaris would be to assist the company completing its successful ICO by helping it to reach out to globally reputable investors and assist Polaris to become a well-known, respected platform globally.
What do you think about idea?
I believe what it aspires to do will truly revolutionise the crypto market. It will be one of a kind of company utilising the very essence of blockchain technology.
Teng Ren
As a team member, сan you tell us about your role in the ICO project?
Based on this expertise and experience, I actively discuss the development of the Polaris Project and the to complete the Platform with BlockChain technology for the first time in the world.
What do you think about idea?
I am convinced that the world's first successful platform for the sharding technology concept, it will decimate all other blockchain technology.
Chang Zhongying
As a team member, сan you tell us about your role in the ICO project?
As a partner portfolio manager of Polaris, I will take a part in managing one of Polaris funds. I will manage equity long short portfolio.
What do you think about idea?
I'm sure the Polaris project will be the first project that will be actively utilised in the real economy. The contract will be managed fairly and transparently through decentralisation.
Polaris Reviews
Samson Owiti
Cryptotrader, Crypto investor, Blockchain business expert
Polaris — the first sharding based public blockchain protocol for permission-less blockchains tolerating a constant fraction of byzantine network nodes. It can achieve full communication, computation, and storage overhead of all processing transactions. The key idea in Polaris approach is to partition the network into smaller committees, each of which processes a disjoint set of transactions (or a “shard").
PROS:
- Polaris exhibits almost linear scalability with computation capacity and does not require a quadratic number of messages as the network grows.
- Polaris key advantage is in using computational power to tune the parallelization of the network, yet detaining security on bounded computational assumption.Polaris protocol makes the same assumptions as those implied in Bitcoin and other cryptocurrencies it also provides security proofs for key invariants in its protocol.
- Polaris’s clean-slate design decouples the consensus from block-data broadcasts, hence the bandwidth spent by each node remains almost constant, regardless of the size of the network.
- Polaris is related to other sharding protocols in distributed databases, e.g., Google’s Spanner, Scatter, RSCoin. However, these sharding protocols consider a different model which does not handle byzantine failures, make assumptions of PKI systems and a trusted infrastructure and access to external random seed.
- Polaris is secure and cost-efficient even with byzantine adversaries, allowing the transaction throughput to scale up almost linearly with the network computation capacity.
CONS:
- Project white paper may be difficult for perception by an unfamiliar user. Besides, there is no information about ICO details, Polaris token, project team, and roadmap. Furthermore, a whitepaper is available only in English.
- Polaris is related to other sharding protocols in distributed databases, e.g., Google’s Spanner, Scatter, RSCoin so there is a strong competition in this sector.
- Building a scalable blockchain is an active problem in the Bitcoin and cryptocurrency community.
SUGGESTIONS:
- Develop the project, its products and services in order to be competitive in the modern market.
- Rewrite the whitepaper to make it more understandable and informative.
NOTE:
Polaris increases the blockchain’s transaction throughput almost linearly with the computational power of the network. It is said to be the first secure sharding protocol for open blockchains that tolerates byzantine adversaries.
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