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Tolar is an open source, community governed crypto-currency

featuring scalable, fast, secure, and fair transactions.

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

Are you ready?
It is time to find out why HashNET is a revolutionary technology beyond blockchain!

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Join us for a live presentation of the Tolar HashNET prototype where we will showcase our current rate of progress with a speed of over 100.000 TPS!

What is 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. Network is using Proof-of-Stake with masternodes, which eliminates the need for a massive energy consumption.

Video: What is HashNET?

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 blockchain 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.

HashNET Characteristics


Transparency of fund

Allocation of community funds and

voting process is 100% transparent

 


Ability to grow

Easily scales with number of users 


Speed

Network’s Throughput can process

200,000 transactions per second

 


Completely decentralized

Every participant can contribute by voting

 


Mobile compatible

HashNET can be run as full node

even on smartphone

 


Ability to grow

Easily scales with number of users 


Completely decentralized

Every participant can contribute by voting

 

Tolar Features

* – predicted

Tolar Governance system

Tolar has a governance system called Magnus Consilium in which stakeholders and investors will have the power of voting on proposals in order to participate in improvements of HashNET network.

Magnus Consilium will be a part of community in two ways:

Tenders

Tenders are budgeting plans which will be submitted to the Magnus Consilium where every proposal will need to have a majority of votes in order to pass.

Proof of Stake (PoS)

If a user decides to lock-in his coins, he/she will receive interest based on the number of coins staked, and the duration of time the coins were stored.

Tenders

Tenders are budgeting plans which will be submitted

to the Magnus Consilium where every proposal will

need to have a majority of votes in order to pass.

Proof of Stake (PoS)

If a user decides to lock-in his coins, he/she will receive interest

based on the number of coins staked, and the duration of time

the coins were stored.

Tender eligibility

Tenders and budget plans are available to all Tolar holders. Magnus Consilium will select

projects for voting, based on a solution that best meets the following criteria:

Tenders and budget plans are available to all Tolar holders. Magnus Consilium will select projects for voting, based on a solution that best meets the following criteria:

Social impactPotential impact achieved

by the implementation of the solution.

 

Contribution: Awarding improvements

of Tolar network.

 

 Decentralisation and governance:

Allows voters to vote on a future

network developments.

 

Extensiveness:  Allowing voters to make

decisions on further development paths.

 

Outreach: Adding value by spreading

a word out to the community.

 

Contribution: Awarding improvements

of Tolar network.

 

Extensiveness:  Allowing voters to make

decisions on further development paths.

 

Roadmap

R

Q2 2017

TOLAR project founded and funding received

Executive group established

R

Q3 2017

Blockchain Conference

Rovinj Initial network development.

First cryptocurrency experiments conducted.

R

Q1 2018

Launch of the Blockchain academy.

Recruiting process of key team members has started.

Core Tolar team created with 30 members.

Website published.

Tolar will introduce project publicly

R

Q2 2018

Initial version of HashNET whitepaper

Launch of initial mainnet chain with masternodes and staking system.

Start of the private sale phase and social media presence.

[

Q3 2018

Finalized version of HashNET whitepaper

Developers demonstration of HashNET

Pre-ICO

ICO

Exchange listing

[

Q4 2018

Chain explorer

Mobile wallets

[

Q2 2019

Public release of HashNET chain

Switch mainnet to HashNET protocol

[

Future development

Smart contracts

Quantum resistant cryptography

Our Team

Foundation Board

Josip Maricevic

Founder/CTO

Drazen Kapusta

Principal

Zoran Dordevic

Board Member

Terence Tse, PhD

Board Member

Sasa Pekec, PhD

Board Member

Alan Kuresevic

Board Member

Jeffrey Treichel

Board Member

Marko Kucic

Board Member

HashNet Tech

Mario Vojvoda

CIO

Martin Zagar PhD

Science

Srđan Maksimović

IT Developer

Kristijan Rebernisak

IT Developer

Vedran Novoselac

IT Developer

Vinko Bradvica

IT Developer

Igor Jerkovic

Core Developer

Sandi Fatic

Core Developer

HashNet Bizz

Bojan Hadzisejdic

BDM

Neda Zajko

CMO

Ljiljana Babic

Manager

Gordana Spisic

Manager

Mario A. Gigovic

Business developer

Aco Momcilovic

HRM

Isidora Vazic

Community Manager

Dorijan Palic

Design

Advisors

Manuel Alonso Coto

PhD

Valerio Opacic

Access and Security Services

Peter Merc

PhD

Petko Karamotchev

Advisor

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