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Tolar HashNET (TOL)

Tolar is an open source, community governed crypto-currency featuring scalable, fast, secure, and fair transactions.

Closed

ICO Details

Sale TypePast ICO listing
Target RaiseETH 45,000
Hard CapETH 45,000
Token SymbolTOL
Token TypeERC20
Token PriceETH per TOL ICO- 0.000183736 ETH per TOL
KYCYes
WhitelistYes
AcceptsETH
DistributionToken Allocation:; · 35% Investors (21,0% private sale 5,25% pre-ICO and 8,75% Public ICO); · 20% Founders; · 32% TOLAR Development Fond; · 8% Proof of Stake Network Start Nodes; · 2,5% Developers; · 2,5% Advisors

Official Video

Features

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. This revolutionary algorithm features faster transaction time, masternodes and will have an open source, community governed crypto-currency — Tolar. HashNET functionalities: HashNET is scalable. Scalability is the biggest problem in the blockchain technology space. Projects like Bitcoin and Ethereum are simply not capable of transferring a large number of blockchian transactions in a short timeframe. HashNET, on the other hand, was built to support over 200,000 transactions per second, compared to Bitcoin, which can only manage 7 transactions per second. Also, even with a large increase in number of nodes, HashNET network will be able to process all transactions in a matter of seconds. HashNET is fair, because no individual can manipulate the order of transactions. With HashNET, there is no way for the individual to affect the consensus order. HashNET is fast, because it doesn’t require miners to create a chain of blocks in order to record transactions. This process of creating a chain of blocks is very slow and it consumes a large amount of electricity. HashNET uses Proof-of-Stake algorithm combined with masternode to reach distributed consensus. The process of receiving and recording occurs as soon as transaction takes place, which allows the final confirmation to be ready instantly. HashNET is 100% secure. HashNET can’t be hacked due to the power of distributed algorithm, which is responsible for reaching consensus within the nodes. Also, combining Proof-of-Stake and masternode creates transparency, since the participants are compensated for correct voting. Characteristics of HashNET include: · Ability to grow · Speed · Completely decentralized · Mobile compatible · Transparency of fund allocation and voting process · Anonymity

Frequently Asked Questions

What is Tolar HashNET?

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. This revolutionary algorithm features faster transaction time, masternodes and will have an open source, community governed crypto-currency — Tolar. HashNET functionalities: HashNET is scalable. Scalability is the biggest problem in the blockchain technology space. Projects like Bitcoin and Ethereum are simply not capable of transferring a large number of blockchian transactions in a short timeframe. HashNET, on the other hand, was built to support over 200,000 transactions per second, compared to Bitcoin, which can only manage 7 transactions per second. Also, even with a large increase in number of nodes, HashNET network will be able to process all transactions in a matter of seconds. HashNET is fair, because no individual can manipulate the order of transactions. With HashNET, there is no way for the individual to affect the consensus order. HashNET is fast, because it doesn’t require miners to create a chain of blocks in order to record transactions. This process of creating a chain of blocks is very slow and it consumes a large amount of electricity. HashNET uses Proof-of-Stake algorithm combined with masternode to reach distributed consensus. The process of receiving and recording occurs as soon as transaction takes place, which allows the final confirmation to be ready instantly. HashNET is 100% secure. HashNET can’t be hacked due to the power of distributed algorithm, which is responsible for reaching consensus within the nodes. Also, combining Proof-of-Stake and masternode creates transparency, since the participants are compensated for correct voting. Characteristics of HashNET include: · Ability to grow · Speed · Completely decentralized · Mobile compatible · Transparency of fund allocation and voting process · Anonymity

Is the Tolar HashNET ICO currently live?

No, the Tolar HashNET ICO is closed.

What is the Tolar HashNET token symbol?

The Tolar HashNET token uses the symbol TOL.

What is the Tolar HashNET (TOL) price?

The token price for Tolar HashNET is ETH per TOL ICO- 0.000183736 ETH per TOL.

Does Tolar HashNET require KYC to participate?

Tolar HashNET's KYC requirement is: Yes.

Where can I find official information about Tolar HashNET?

The official website for Tolar HashNET is https://tolar.io, and the whitepaper is available at https://www.tolar.io/wp-content/uploads/2018/08/Whitepaper-Tolar.pdf.

Data sources

  • Live prices via CoinGecko
  • News from CoinDesk, Cointelegraph & Decrypt
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