The Power

The Power

Created using Figma
Created using Figma

Last Update

Oct 3, 2018

Hybrid three-dimensional scalable blockchain with 100k+ on-chain instant transactions and real-time auto sharding. Thanks to multi-layer architecture The Power platform unites public and private shards (mini blockchains) in a single address space. Synchronous protocol Resonance provides real-time peer-to-peer interactions enabling to provide best UX for customers. • New protocol Resonance • Completely new code • Testnet with smart contracts is ready
TBA
Token Details
Ticker
SK
Accepted Currencies
ETH, BTC, USD, EURO
Company Details
Registered Country
Estonia
Additional Details
MVP/Prototype
Yes
Platform
Power
Whitelist
Yes ,
KYC
Yes
Categories
Platform

About The Power

Power_blockchain is a distributed ledger platform for high-speed processing of interactions in decentralized single address space. In contrast to many classic platforms, Power_blockchain is a platform for general purpose interactions processing and is not limited to such applications as value transferring or smart contracts.

Power_blockchain attains high-speed processing by means of horizontal scaling of internal distribution of interactions processing solutions to dedicated blockchain subsystems - shards, in parallel. According to trilemma, scalable projects usually have security or decentralisation problems, and consequently, it considered as private (permissioned) platforms, as Hyperledger Fabric, BigchainDB. However Power_blockchain platform is developed to utilize all conditions in the trilemma. The basis of Power_blockchain is three-layer architecture, which allows being public (permissionless) platform solving scaling problems:

  • Management layer is responsible for decentralization
  • Sharding layer solves the scalability problem
  • Validators layer provides a high degree of security

Because of the use of multidimensional (multilayer) blockchain management system own algorithm of consensus Resonance has been developed. It’s utilized within shards (Sharding layer), while enabling nodes to interact under two other layers.

Features

  1. Hybrid blockchain (public & private)
  2. Fast and secure smart-contracts
  3. Tools for blockchain based projects
  4. Business automation tools
  5. Decentralized computing & storage
  6. Tools for migration from Ethereum

Technical Info

  • Dynamic auto scalability is achieved through sharding Bandwidth more than 100 000 tps.
  • Synchronous high-load consensus Resonance (BFT) for instant transactions.
  • Adjustable transaction time: less than 1 sec. Customizable config of shards.
  • Stable cost of financial transaction: ~ $0.01.
  • A flexible economy for non-financial transactions.

The Power Roadmap

  • Q2 2017

  • - Idea
    - Basic research
  • Q3 2017

  • - Resonance investigation
  • Q4 2017

  • - PoC sharding technology
  • Q1 2018

  • - MVP Resonance
    - Power_Wallet
    - Testnet
  • Read More
  • Q2 2018

  • - Sharding testnet
    - Power_Explorer
    - Power_API
  • Q3 2018

  • - Worknet (for partners)
    - Smart contracts, WASM
  • Q4 2018

  • - Testnet with smart contracts
    - Power_hub (alpha)
    - Power_API (ful beta)
  • Q1 2019

  • - Mainnet
    - Bug bounty
    - Private Shards
    - Blockchain templates
  • Q2 2019

  • - Smart contracts Visual Builder
    - Smart contract templates
    - Power_Store

Activity

Posts:
51
LOW
Followers:
244
VERY LOW
Likes:
241
VERY LOW
Rating:
5
VERY HIGH
Reviews:
1
VERY LOW
Followers:
74
VERY LOW
Tweets:
15
VERY LOW
Fake Users Detected:
23.94%
Members:
940
LOW
Investors Detected:
5.74%
Alexa
Rank:
5 513 673
VERY LOW
Delta:
-1 617 981

Team

Verified 20%

Attention. There is a risk that unverified members are not actually members of the team

Founder/CEO
verified
Managing Partner
verified

2 ICOs

$29 545 400

Co-founder/CVO, Business Architect
unverified
Highly skilled fullstack developer
unverified
Senior Blockchain Developer
unverified
Senior software engineer
unverified
DevOps
unverified
Marketing & Community Lead
verified
Community manager
unverified
Marketing consultant
unverified
Chief Marketing Officer
unverified
Director of Operations for the Asia Market
unverified

Advisors

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

East Asian Community Manager
unverified

2 ICOs

$20 002 463

Advisor
unverified
Independent economics expert
unverified

Former members

IR & Financing Expert

The Power Interviews

Max Mikhailenko
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
I believe that blockchain technologies will help the world to become more honest, so the Power was born.
Dmitry Burov
As a team member, сan you tell us about your role in the ICO project? What do you think about idea?
Expert in project managemet

Experience in IT over 10 years

Created geographically distributed teams for making different web services
Max Urazaev
As a team member, сan you tell us about your role in the ICO project?
Marketing and community lead.
I am responsible for brand awareness, GTM strategy, community development and product positioning.
What do you think about idea?
Our idea is to develop a blockchain platform that could really solve all those business objectives we face today. That's why we've focused on throughput capability, customization (public and private blockchain) and security.

Last News

N/A
5.0 12
ICO Profile Vision Activity Potential Product Team

The Power Reviews

Ian Balina

13-Sep. This project did not pass our technology review. This is also a project with not many people in its telegram group. For this reason, we are going to pass on this project. 
Idea (3 out of 3 points)
It can support high-speed operations per second. It can support decentralized exchanges. The platform contains templates of smart contracts, private blockchains, contracts, and digital entities. 
Technology (Did not pass) 
We think it will be challenging to reach attack resistance and good performance for this project. 
There are a lot of potential problems with attacks, and the way verifications mechanisms interact.
This is a project with not many people in the telegram group.

Read More
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