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 — 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").
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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