We aim to combat fundamental weaknesses correlated with blockchain architecture. Pre-existing developments have exhausting problems such as slow block times and high transaction costs. Blockchain commercialization and utilization becomes more costly and taxing for companies this way. Our set of development tools will remedy this, gathering advanced blockchain technology to experienced developers and amateur developers alike. We present the first candidate for a secure sharding protocol for permission-less blockchains. At its core, it will scale up the agreement throughput near linearly with the computational power of the network and tolerates byzantine adversaries which controls up to one-fourth computation capacity. It offers promising scalability and usability in next-generation cryptocurrencies.
An aim for Minimization in transaction intricacy, as well as advancements in clarity and fraud, Providing multiparty transactions using our convenient architecture. Sharding technology uses a prominent consensus protocol to complement transaction processing.
- Fixed Limit:20,000,000 USD
- Bonus:20% Presale
- Min Purchase:10 ETH
- Starts:December 7th (9:00 AM)
- Ends:January 7th, 2019 (11:59 PM)
The Polaris Project will be the benchmark for blockchain technology. We aim at making our sharding technology bulletproof amongst the various other blockchain developments surfacing today.Our underlying technologies are proposed to be made open source as it is truly an open and decentralised system.
Tokens will be issued immediately to the public after payment transfer, Conversely team tokens will be unobtainable for a period of 12 months to attain sustainability to the projects longevity.
China and USA.
We formalize the problem of designing a secure sharding protocol for blockchains. Our goal is to split the network into multiple committees, each processes a separate set of transactions called a shard. The number of shards grows near linearly on the size of the network. The efficiency property represents the sharding advantage, where the cost is localized within a committee. Once the network agrees on the set, it can create a cryptographic digest and form a hash-chain with previous agreed sets in the previous runs. This serves as a distributed ledger of facts or transactions.
Simply put, because there isn’t yet a blockchain that is up to the task. The large chains – Bitcoin and Ethereum – are slow and lack efficiency, speed, and functionality. The approach taken by most blockchains is to focus on solving one problem, rather than taking the approach that there are numerous problems to be addressed before real-world utility will be achieved.
Fund raising will be used For immediate development needs, including hiring more world-class core developers, expanding our development team, and ensuring that the mainnet is successfully released as soon as possible. We have aggressive goals to reach in terms of platform development and promotion.
We currently have a team of full time developers working on the POLARIS project. We will continue to update our projections through the roadmap as we progress.