ThePower.io | Whitepaper | Yellowpaper

Three-Dimensional Scalable Blockchain PlatformInstant Transactions | 100k+ On-chain TPS | Hybrid Sharding

NEW CONSENSUS “RESONANCE”COMPLETELY NEW CODE

TESTNET IS READY

Three-Dimension Scalable BlockchainFeatures for Apps & Services:

1. Hybrid Public & Private blockchain

2. Advanced Tools & Frameworks for developers, users

3. Smart Contracts & DAPPS 2.0 fast and easy integration

4. Open API for users & developers, easy implementation

5. Local shards for different countries and regulations

6. Tools for migration from Ethereum & forks

7. Security Tokens Offering framework STO-as-a-service

8. Liquidity Bridges: Bitcoin & Ethereum now, more soon

Hybrid Unlimited Scalability through sharding 100 000 tps already now, millions tps bandwidth when needed

Synchronous high-load consensus “Resonance” For instant on-chain transactions

Flexible technology for users’ needsUsers customize speed, bandwidth and security level as needed

Low transaction costs & customized shardsFlexible costs & solutions for all partners, projects and platforms

Testnet Ready (MVP):● Power_wallet

● Power_hub

● Power_API

● Power_explorer

The Power vs Other blockchainsThe Power Zilliqa QuarkChain Pchain EOS NEM Ripple

Type Public & Private Public Public Public Public Public Private

Transaction speed 100 000+ 10 000 15 000+ 30 000 6 000 4 000 1 500

Financial transaction cost~ $0,01 Not declared Not declared Not declared

$0, but crypto inflation

less than $0.01 less than $0.01

Non financial transaction cost

Custom Not declared Not declared Not declared$0, but crypto

inflationless than $0.01 less than $0.01

Registration transaction less 1 s 3 s - 2 min 10 - 150 sec Not declared 1-2 s 30 s 3 s

ScalabilityAuto sharding Sharding Sharding

Sidechains + sharding

Sidechains Sidechains -

Cross-chain interaction

Direct interactions between shards

Confirmation at root chain

Confirmation at root chain

Confirmation at root chain

Confirmation at EOS chain

- -

Consensus type Resonance (BFT) PBFT PoW PDBFT DPoS POI BFT

Public chains Yes Yes Yes Yes Yes Yes -

Private chains Yes - - - - Yes Yes

Native VM Power_VM Yes EVM EVM Yes Yes Codius

The Power vs Private blockchainsThe Power Hyperledger Corda

DLT typeHybrid - Public & Private

(permissionless & permissoned)permissioned permissioned

Data security yes (private/permissioned shards) yes (channels) partial

Code compatibility all (ethereum, hyperledger, corda) Hyperledger only Corda only

Smart contracts language all (ABCI) Go, node.js, java Java, Kotlin

Interaction between organizations' permissioned DLT

built-in simple and complex interactions based on templates

Need to configure and customize DLT for simple interactions

financial interactions

Interaction with users via public DLT

+

Simple data transaction +

IoT compatibility & interaction +

Global Ecosystem +

Single address space +

Dedicated and specialized shards +

The Power Platform

Securitization and tokenization platform● Liquidity bridges to Ethereum & Bitcoin, more soon

● Hybrid and dedicated shards for other platforms and exchanges

● Parallel processing: asset pairs, security tokens processed in parallel shards

Fast & Easy Integration● Hybridity. Public & private blockchains in a single address space

● Privacy. Safe private data stored in a private shards and KYC proxy like a network mask

● Flexibility. Independent economy, solutions and settings in each shard

● Compliance. Law & regulations compliant in each country and jurisdiction

Smart Contracts 2.0

Interactive Contracts

New wave of Smart Contracts with interfaces

Native virtual machine – no more limits of Solidity

Direct, fast and easy integration into Web browsers, Mobile & Games apps and common IT platforms

Simple integration, extended functionality

WASM (Rust, C, C++)

DAPPS 2.0 Serverless Trusted Applications

Great value of DAPPS 2.0 - True Distributed Apps

● Better development and implementation

● No need to create and support backend

● No need to configure software & hardware environment

● Mobile, Desktop, IoT application exchange with fully

trusted and verified data

● Secured interactions without attackable servers and

middleware

Distributed applications do not require any cloud or dedicated servers

Flexible Frameworks

Tokenizing through STOHuge markets: Equities ($67T), Debts ($99T), Derivatives ($1.2P), Real Estate ($217T)

FinTechBlockchain hybridity, programmable level of privacy, high network bandwidth and

instant transactions - all solve fintech problems.

Transport & LogisticsBlockchain helps track supply chain in real time and automate transport infrastructure.

Thanks to smart contracts all contracting parties could be connected in a single chain.

IoT & M2MSmart contracts with ready for IoT and M2M deployment.

Integrated solutions for different industries with wearables and sensors as oracles and

blockchain as a decentralized databus.

The Power is quite universal technology with featured tools for global markets:

Everybody knows where is a new wave!

It’s time to speed up

the STO market with The Power technologies

Global markets will be tokenized

Security Token Offering Framework

STO-as-a-Service

Security Tokens Motion

to The Power blockchain:

1. A bridge locks tokens in the external blockchain

2. The bridge mints new similar tokens in The Power blockchain

from The Power blockchain:

1. A bridge burns tokens in The Power blockchain

2. The bridge unlocks and releases tokens in the external blockchain

Liquidity bridge between The Power and Ethereum platforms allows to make exchange of assets

Special feature for security tokens exchanges!

Smart contracts process user orders and checks withKYC provider that user can work with each particular token

Permissions for Security Trading

KYC provider checks whether user can work

with a particular token and was added to the whitelist

The user’s permission to work with token is

checked periodically by smart contract

KYC proxyThe real identity of users is hidden, all users’ transactions are legally compliant for all regulations

A user gets a new hash (identity) via KYC proxy for all transactions, payments and deals

The agent leaves traces on the blockchain is the KYC proxy service itself and executes user requests on its behalf

1. KYC providers work in regional private shards

2. GDPR and similar regulations are to be processed in the shards dedicated for KYC providers

3. Any personal data will not be published in a public blockchain

4. All queries about personal data are stored in shards dedicated for KYC providers and confirmed in Power_blockchain

KYC & GDPRThe Power Platform conforms to requirements of jurisdictions thanks to regional shards

Parallel ProcessingDecentralized parallel processing of asset pairs and security tokens in their own shards

● Less $0.001 cost price for orders’ processing

● 1000+ asset pair orders per second depending on nodes CPU power

Store & HubDecentralized R&D business ecosystem for companies & developers

Tools for developers● API documentation

● Explorer

● Smart Contracts

○ Visual Builder

○ Templates

CommunityOne of our goals is to create tools

and libraries to make development of

blockchain-based products available

for larger number of developers,

not only blockchain engineers

1. DApps● KYC app

● Storage app

● Privacy app

3. Templates● Security tokens

● Private blockchains

● Smart contracts

● Ownership assets

2. Modules● IoT

● CRM

● ERP

● CMS

a. Consensus Resonance vs Others The best consensus for instant transactions based on synchronous BFT!Now is the time for synchronous consensus - other protocols of consensus are less effective *

Resonance pBFT ** DPoS PoS PoW

Time of transaction, sec less than 1 3+ 3+ 10+ 10+

Costs for consensus minimal low medium high very high

Attack resistance51% of nodes

in shards⅔ of all nodes

⅔ of all delegated nodes

51% of stake 51% of mining power

No forks + + optional

No roll back of transactions

+ +

Synchronous +

* communication channels have become fast, nodes work more reliably and require fewer stages to reach consensus** pBFT - asynchronous kind of consensus developed in 1999 for unstable internet connections and

does not provide instant transactions, though transaction are processed fast enough

Appendix #1

b. Power_scalability vs OthersThe Power Zilliqa EOS Cosmos Plasma

Сross-chain transaction time real-time from 2 minutes from 3 seconds ~ 9 seconds from 10 seconds

Type of scalabilityreal-time

auto shardingsharding sidechains sidechains sidechains

Cross-chain interaction direct interactionadditional

confirmation at DS nodes level

additionalconfirmation at root blockchain

additionalconfirmation at root blockchain

additionalconfirmation at root blockchain

Real-time auto scalability +

Protection & security of shards

+

Peak overloads resistance x5

Appendix #2

c. Minting & Data ProcessingBenefits for Node Owners

Power_network encourages creation and maintenance of nodes and shards

● Fee mining — getting a commission for data processing in the decentralised network● Nodes are rewarded by "par minting" and gradual tokens emission

Data processing includes 5 types of tasks:1. Financial transaction registration2. Non-financial transaction registration3. Smart contract calculations4. Blocks data validation5. Data storage

Appendix #3

Smart KeyYour key to the future

sales@thepower.io

ThePower.io | Whitepaper | Yellowpaper