Tolar Overview
Tolar launches ICO being a cryptocurrency developed on the basis of HashNet network. For now, it is one of the fastest and secure systems able to process more than 200’000 transactions per second.
The main goal of Tolar ICO is to provide high scalability, unlike other blockchains that cannot pass 10 transactions per second limit. This ecosystem doesn’t require miners and can operate without excessive consensus order manipulation.
Even before the ICO launch the solution is governed by the principle of voting - participants can vote to accept or deny any change that is going to take effect in the blockchain. Such an approach makes the project one of the most democratic and decentralized among others.
Moreover, before getting to the poll the solution or change has to comply specified conditions, so there cannot be passed any decisions that can make a harm to a community.
The criteria decision should comply are:
- significant positive impact on an ecosystem
- satisfy decentralization principles
- add benefits to the community members
Those who propose valuable ideas are rewarded by tokens.
To conclude the governance system introduced for Tolar upon ICO is built in a way that motivates its participants to make the blockchain better as it allows to monetize and useful work made for the sake of Tolar blockchain participants.