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Jul 23, 2018
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HashNET is a scalable, fast, secure, and fair decentralized- beyond blockchain project, leveraging Distributed Ledger Technology (DLT) and consensus algorithm which keeps all positive characteristics of a blockchain technology while increasing throughput to more than 200,000 transactions per second. Network is using Proof-of-Stake with masternodes, which eliminates the need for a massive energy consumption.
Roadmap
What is Tolar HashNET
Tolar HashNET Advantages
Tolar HashNET Advantages
Tolar HashNET Features
Tolar HashNET Features
Tolar HashNET Token
Verified 55%
Attention. There is a risk that unverified members are not actually members of the team
Verified 33%
Attention. There is a risk that unverified members are not actually members of the team
High level of competition in the field of scalable blockchains: ICON, EOS, LIsk, Ark, Lisk, Cardano, Hedera, QuarkChain, Zilliqa, Credits.
The Mainnet launch is only expected in Q2 2019. No MVP available. There is no link to GitHub. Whitepaper explains the HashNET Network in a Very Basic Way. The intended product functionality seems too broad and complex for development. The whole list of competitive advantages of Tolar Hashnet over ICON, EOS, LIsk, Ark, Lisk, Cardano, Hedera, QuarkChain, Credits, or Zilliqa is unclear. It is unclear how many tokens will be needed to run a masternode.
Now there are no announced partnerships. Only one board member has previous blockchain experience. Other 7 board members have background in management or finance. Not every team members' experience can be validated on LinkedIn. Only 2 out of 8 tech team members have previous blockchain experience. Plenty of the team members came from various roles at COTRUGLI Business School, not from real business.
Tolar is positioning as next step of blockchain system — faster, more scalable then existing projects. Unfortunately there is no testnet available currently, but according to the team a promising MVP performing 100,000 tps will be available before ICO. We are excited to see the project’s development among the upcoming months and find out whether Tolar can truly compete with the current heavyweights that are aiming to bring a scalable and rapid blockchain to the masses. Furthermore, we believe that Tolar’s hype will steadily increase up until the crowdsale, however post-ICO, the team needs to step-up their marketing efforts if they want their product to remain relevant among investors and the cryptocurrency community as a whole.
