The new era of blockchain
begins now

Instant 100.000+ on-chain transactions

real-time auto scalability with sharding

in the real working blockchain network

Private sale is in progress!

Project description

The Power creates the best blockchain network - top speed hybrid and scalable blockchain all in one.

Speed and horizontal scalability are achieved through the sharding. Public and private blockchains form a single network and unified address space.

Roadmap

  • Idea
  • Basic research

Q2 2017

Resonance investigation

Q3 2017

PoC sharding technology

Q4 2017

  • MVP Resonance
  • Power_Wallet
  • Testnet

Q1 2018

  • Sharding testnet
  • Power_Explorer
  • Power_API

Q2 2018

  • Worknet (for partners)
  • Private Subchains
  • Smart contracts, WASM

Q3 2018

  • Mainnet
  • Smart contracts Visual Builder
  • Power_Store
  • Bug bounty
  • Power_API (beta)

Q4 2018

  • Power_API (full beta)
  • Smart contract templates
  • Subchain templates
  • Power_Hub

Q1 2019

Blockchain Domination

Specification

Highload consensus

Resonance

High data processing speed helps to minimize transactions cost.

Innovative consensus algorithm for systems with a high load based on the variation BFT & DPoS. Specifically designed to work with subchains.

Protocol allows to customize bandwidth, transaction cost and block creation time on subchain level having at the same time fully/completely on-chain transactions unlike other decentralised solutions.

Scalability achieved via parallel execution where transaction flows are separated according to geographic attributes and sort of business tasks.

High Speed

Scalability

Stability

The cost of financial transactions:
less than $ 0.01

Throughput:
more than 100,000 tps

Variable time transactions:
less than 1 second

Technical stack

Completely new code.

New scalable architecture.

New consensus algorithm with time-proven cryptographic functions.

Core:
Erlang

Math,crypto and other modules:
Rust

Customaizable

Subchains

Customizable subchains form a single network with scalable blockchain on-chain transactions. Network bandwidth increases in proportion to the number of subchains.

Subchain network give more than 100 000tps/s by distributing the load between them.

The rapid growth and scale network capacity will in the first phase - hundreds of thousands of tps and later — More than a million tps.

Subchain types

  • Public
  • Private
  • Dedicated

Task types

  • Finance
  • Calculation
  • Media storage
  • Data storage
  • Lightweight store
  • Key Value store

Smart contracts

The new standard for smart contracts for various purposes: Web Assembly

Our standard language for Smart Contract: Rust
WASM is compatible with: C, C++.
in the future: Java, Go, Solidity

Flexible
Blockchain
Economy

Power solves the problems of the existing technology’s blockchain:

— Economic efficiency is too low.
— Cost of the transaction is too high and susceptible to speculative influences.
This hampers the practical implementation in organizations.

The main parameters of the effectiveness of the economic model of Power is the cost of providing services and modes of payment. To ensure the required flexibility of the technology is based on a two-tier economic model.

Base /
technology economy

Low cost functions and services. Smart Blockchain environment, which provide stability index XDR (SDR).

Service
economy

Any business partner, project or startup, can create their own ecosystem. In addition to providing a service or application with a unique economy in a trusted environment.

Try to move on

Smart Blockchain Environment

ICO and pilot projects can buy SK tokens at negotiable volume and get access to the best blockchain with a working network and tools for the fast integration.

Apply now to get early access

A new type of tokens

Smart key

Your key to the future!

The default token of Smart Blockchain Environment.

The new way to legitimate license tokens — digital IT-license.

Basic minimal digital unit needed for all platform functions.

Token are sold in batches.

Bathes of tokens are implemented to work with the platform safely, to buy and sell tokens easy.


Smart Key properties

IT-license is writen in blockchain database as SK token

Grants access to transactions, all functions and services

 

Needed to connect a node to the network

 

Needed to connect a private blockchain to the network

 

Holders of SK will receive access to all other tokens and digital assets

 

1% of all SK tokens received from the users is burned by The Power

 

Users pay SK tokens to The Power to acquire digital certificates from

 

Each SK provides lifetime access to a platform for one interaction (transaction) per day

 

SK token is irreducible. Basic minimal digital unit needed for all platform functions


Sale and distribution of SK

Tokensale and distribution are made within 4 rounds.

All unsold SK will be burned after the end of tokensale.

  • The name of the license token: Smart Key
  • The acronym of the license token: SK
  • Amount of SK: 1 000 000 000 000
  • The name of the minimum SK batch: Batch of Smart Key
  • The acronym of the minimum SK batch: BSK
  • Amount of BSK: 100 000 000
  • 1BSK=10000,00SK
  • Emission: limited
  • 1 SK = $0,0001
  • 1BSK=$1




SK distribution

Internal online trading platform

Within the
Power environment

  • To resell tokens created in the Power blockchain
  • Free prices for SK and other tokens
  • No comissions
  • Free access for all Power users

Benefits
for resellers

After
distributions

  • Power users can purchase SK from resellers
  • There is a priority for resellers to sale SK
  • SK sales are limited within 4 rounds

Do you have any questions?

Join to our community now!

Data processing

The new kind of mining

Benefits for Node Owners

You receive a reward from all transactions in the network

Every node takes 80% of commission fees for transactions it has processed

Node ownership certificate

A certificate which grants the right to own a Power Node.

  • Acronym: NOC
  • Maximum NOC available: 20000
  • 1 NOC = 5000 BSK
Get certificate

Team

10+ top blockchain developers with the best full stack skills and experience.
20+ members of The Power team with the perfect technology, business and startup background. We are growing and hiring. Developers and blockchain enthusiasts are wanted!

We are engineers with a complex approach to solving problems. We know and understand thoroughly how complex technical systems work, including crypto-instruments.

The project team includes highly qualified specialists with a stake in the stock of knowledge and rich experience, coped with bursts of load, DDOS, hacker attacks and fine code optimization.

Max Mikhailenko

Founder/CEO

Networking expert with 20 years experience

Built 2 internet services providers, 9 year startup experience, serial inventor & SaaS entrepreneur, MBA, cofounder and originator of “The Power”, blockchain evangelist, innovator.

 

Igor Belousov

Founder/CTO

20 years in IT, 10 years startup experience

Cofounder telecommunications provider

Cofounder, Technology & Blockchain software Architect The Power

 

Dmitry Burov

Managing Partner

Expert in project managemet

Experience in IT over 10 years

Сreated geographically distributed teams for making different web services

 

Vitaly Pirozhkov

Co-founder/CVO, Business Architect

10+ years in tech, IT projects and startups.

Blockchain evangelist. Entrepreneur.

Top manager. Experience in large business and hi-tech. Expertise in law, finance and investments.

 

Asya Dovgaya

Chief Marketing Officer

10 year marketing experience. Developing marketing strategy, coordinating marketing campaigns with sales activities, coaching and creating teams responsible for marketing and sales.

Expert in B2C/B2B projects marketing, analytics, PR and media advertising. More than 10 years of advertising department management.

 

Alexander Vizgalov

Head of communications

10+ years involved communications and sales. Linkedin Networker (12.000+ followers worldwide).

7+ years in project management. Startup architector. Evangelist of CusDev and LeanStartup methodologies.

 

Oleg Yudin

Community manager

Over 7 years in the marketing of the energy corporation. Participated in dozens of international exhibitions and conferences.

 

Alex Prayd

Director of Operations for the Asia Market

Expert in sales, business communications and finding the resources needed for projects.

Over 10 years of experience in the field of cinema and the music industry.

Highload skills

Backend

  • Databases:

    PostgreSQL, MongoDB, RocksDB, Redis

  • Programing language:

    C/C++, Erlang, C#, Python, JavaScript

 

Frontend

  • JavaScript:

    ReactJS, Angular, jQuery, WebAssembly

  • Design and layouts

 

Testing

  • Regression analysis
  • Code inspection
  • Collection and analysis of structural coverage
 

DevOps

  • Linux
  • Databases

Partners





Legal partners

Smart
Blockchain
Environment

Hybrid digital space for business transformation, organizations and the interactions between them, as well as integration into a single trusted decentralized environment.

01_Payments

Technologies and tools for the creation of payment systems.

02_Automation

Integration for organizations blockchain environment, automation of processes and interactions.

03_Hybrid

A hybrid environment with public and private blockchains.

04_Computing

Distributed computing, smart contracts and services.

06_Crowd

Orders for the development of services and applications, User coding.

05_Storage

Decentralized storage monetization.

Architecture

Four coherent layer provides reliability, scalability, and decentralization with excellent characteristics.

 

Protocol «Resonance» is located within the first layer.

Customizable subchains — within the second layer.

Instruments used in the infrastructure — within the third layer.

API Is used in integration — within the fourth layer.

API

DApps
Voting
Smart Assets

Wallet

Templates
DApps
Modules

Store

Crowdcoding
Orders
Development

CrowdHub

API

Protocol "Resonance"

Subchains

Flexible economy

Smart
Contacts

Builder

KYC

Voting

Insurance

Digital
Assets

Load Balancing

Public Subchain
Data
Storage
 
Lightweight
Storage
 
Computing
 
Finance
 
Media
Storage
 
Key Value
Store
 
Virtual
Machine
Private Subchain

Dedicated Subchain

Infrastructure

Smart
Entities

Templates

Rating

Permissions

Agreements

Templates
Constructor

Infrastructure