The Power
Last Update
Oct 3, 2018
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
- Hybrid blockchain (public & private)
- Fast and secure smart-contracts
- Tools for blockchain based projects
- Business automation tools
- Decentralized computing & storage
- 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
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Q2 2017
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- Idea
- Basic research -
Q3 2017
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- Resonance investigation
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Q4 2017
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- PoC sharding technology
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Q1 2018
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- MVP Resonance
- Power_Wallet
- Testnet -
Q2 2018
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- Sharding testnet
- Power_Explorer
- Power_API -
Q3 2018
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- Worknet (for partners)
- Smart contracts, WASM -
Q4 2018
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- Testnet with smart contracts
- Power_hub (alpha)
- Power_API (ful beta) -
Q1 2019
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- Mainnet
- Bug bounty
- Private Shards
- Blockchain templates -
Q2 2019
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- Smart contracts Visual Builder
- Smart contract templates
- Power_Store
Activity
The Power Team
Verified 20%
Attention. There is a risk that unverified members are not actually members of the team
Advisors
Verified 0%
Attention. There is a risk that unverified members are not actually members of the team
The Power Interviews
Experience in IT over 10 years
Created geographically distributed teams for making different web services
I am responsible for brand awareness, GTM strategy, community development and product positioning.
The Power Last News
The Power Reviews
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.
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