Main ICO on Polygon planned for Q4

Trade PROTOP Now!

How Does Symmetric Blockchain Work?

Legacy blockchains employ asymmetric encryption which is susceptible to quantum computers. Symmetric replaces this vulnerability with Shannon secure symmetric cryptography, protecting information and assets against all future advances in mathematics and computing power. Additionally, the integration of novel three-way homomorphic encryption technology will revolutionize online privacy by allowing computation on encrypted data with an encrypted algorithm.

Patented Technology

Symmetric is based on 5 granted patents in encryption, blockchain, and homomorphic processing. No other viable options to Symmetric exist at this time.

Post-Quantum Cryptography

Users will receive a physical memory device enabling communication with the blockchain via a perfectly secure communication service called Quantum Lock®. The integrity of ledger blocks will likewise be governed by unbreakable encryption.

Foundation for WEB4®

NFT’s, corporate blockchains, and many cryptocurrencies will be able to convert to a Symmetric foundation using the Pecuni as the native gas. This will protect existing innovation from the Quantumpocalpyse.

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How is Symmetric Blockchain beneficial?

Symmetric retains traditional blockchain features such as decentralization and smart contracts, while adding many new advantages.

Post-Quantum Security

Block authentication and communication within the system will use post-quantum cryptography that will be impossible to ever decrypt by any advance in computing or mathematics.

Improved Consensus Algorithms

Improved consensus algorithms will help prevent malicious verifier activity such as 51% attacks.

Scalability and Speed

An underlying problem with asymmetric encryption is the dramatic increase in network processing time as key lengths increase. Symmetric solves this problem with ultra-fast speeds, even as the total number of nodes scale up.

Accessibility

Existing NFTs, corporate blockchains, and many cryptocurrencies will be able to convert to a Symmetric foundation allowing their continuation past the Quantumpocaplypse. Conversion software will provide significant flexibility in features, and allow proprietary layers to be added. All converted systems will use the Pecuni as the native token or gas.

Decrease In Fraudulent Activities

Symmetric technology will permanently resolve the problem of IP spoofing, and additionally secure digital certificates and SSL connections with post-quantum encryption.

Enhanced Privacy

Three-way post-quantum homomorphic encryption will be built into the verifier node network and the smart contract language. This will revolutionize online privacy by allowing computation on anonymized data with an anonymized algorithm.
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About Proto-Pecuni

The Pecuni will be the native token of the Symmetric blockchain. It will have broad use cases including paying verifier nodes for transaction authentication, data storage, smart contract computation, and homomorphic encryption services. The Proto-Pecuni (PROTOP) is a utility token that will be exchanged for the Pecuni once the Symmetric blockchain is released. Accessibility and liquidity will be created by launching token pairs across multiple chains and exchanges. Tokens will be burned to keep the total tradeable multi-chain supply within the 144M maximum.

Token Distribution

Total Supply: 144M
First Round ICO Price: $0.50*

All ICO Purchases Escrowed Until Viability Threshold Reached – Refundable Until Then.
*Price subject to change prior to ICO.

  • Public Sale - 60% (Divided Equally Over Six Rounds)
  • Founders - 18% (Locked Vesting Schedule)
  • Team - 5%
  • Advisors and Partners - 4%
  • Reserve Fund - 7%
  • Community, Rewards, and Marketing - 6%

Polygon listings will not occur until after the main ICO event, deterring a "rugpull" by team members.

Pecuni Timeline

Team, Advisors, and Partners

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William Perry Ragan

Founder

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Founder

William Perry Ragan

Will Ragan is an accomplished American inventor, entrepreneur, and public speaker. He holds an MBA as well as a degree in Physics with a minor in Mathematics. He has managed diverse business activities across multiple industries, both private and non-profit. His career has provided experience in capital formation, mergers and acquisitions, and systems integration. Will is known for his ability to innovate a venture to achieve maximum potential.

In the 1990’s Will designed a leading Internet technology for protecting families from inappropriate content. His company, Armor Communications, was the first US company to implement server-side filtering on a national level – with over 300 dial-up points of presence. He was featured in an issue of a Focus on the Family magazine for his efforts.

In the 2000’s, Will designed a monitoring system to protect consumers from high cell phone overage bills. His company, MinuteWatch, was cited in US Congressional testimony; leading to protections for American consumers from excessive billing charges.

Will joined the international management team of a global non-profit organization that spanned 200 nations and had over 270,000 volunteer workers. He was responsible for significant cost reductions, as well as innovations in balanced scorecard reporting systems, fund raising, and recruiting techniques. Will has lived on three continents and visited 20 nations, giving him a broad appreciation for cultures around the world.

He holds numerous pending and approved patents in post-quantum cryptography, blockchain, and data anonymization. His current efforts are focused on implementing his patented intellectual property to protect consumer privacy and security in the digital economy.

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Jack Ragan

Technical Consultant

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Technical Consultant

Jack Ragan

Jack Ragan is the son of Symmetric founder Will Ragan. He is a named co-inventor on multiple granted US patents. Jack was instrumental in analyzing the post-quantum blockchain system for potential security flaws and developing many of the invention variations that were granted full patent protection. He has a unique ability to view a problem’s components in ways that would not normally be examined.

Jack is the inventor of Relativity Constrained Key Distribution, a patent pending method of post-quantum cryptography. RCKD has the potential to replace Quantum Key Distribution (QKD) in the future as a preferred encryption method for point to point (non-routed) transmission. Jack has many additional non-published inventions in various levels of development. He is completing a degree in Business Administration.

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Gabriel Arguello

Mathematics Consultant

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Mathematics Consultant

Gabriel Arguello

Gabriel has a strong background in both theoretical and practical mathematics. He holds a Bachelors degree in Systems Engineering from the University Nacional Abierta in Venezuela, as well as a Bachelors in Civil Engineering from the University of Zulia. Additionally, Gabriel achieved a Masters in Applied Mathematics from the University of Zulia. Gabriel has expertise in information theory, neural networks, fluid dynamics, MatLab, C++, relational databases, and regression analysis.

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Andrii Oreshko

Smart Contract Language Lead

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Smart Contract Language Lead

Andrii Oreshko

Andrii is known as an innovative blockchain developer with extensive experience in designing and deploying cutting edge decentralized applications, including a DeFi platform that secured $5M in assets within three months of launch. He holds a degree in Computer Science from Odessa National Mecnikov University. Andrrii has extensive knowledge of smart contracts, consensus algorithms, and data structures; as well as a mastery of multiple languages including Solidity and Python.

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Pavlo Horiienko

Cryptography Programming Lead

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Cryptography Programming Lead

Pavlo Horiienko

During Pavlo’s career, he has contributed significantly to the design and implementation of various blockchain applications, including smart contracts, decentralized applications, and cryptocurrency wallets. He has extensive experience with various blockchain platforms such as Ethereum, Solana, Hyperledger Fabric, and Corda. Pavlo has a deep understanding of cryptography and consensus algorithms, as well as programming language proficiency in Solidity, Java, and Python. His impressive resume includes work in Defi and DAO systems development.

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Dmytro Hapon

User Software Lead

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User Software Lead

Dmytro Hapon

Dmytro has over 10 years of experience in web app development including ecommerce and corporate websites. He has over 5 years of blockchain experience with a broad portfolio including Defi, NFTs, and gaming. He has numerous skillsets including Laravel, Django, HardHat, JavaScript, Python, and Solidity.

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Milos Milic

Database Design

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Database Design

Milos Milic

Milos has broad knowledge across many IT areas. He is an expert in C#, C/C++, Python, and Java. His database expertise includes SQL, MongoDB, and DynamoDB. On the web side, he is fluent in HTML/CSS, Django, and Node.js. Milos’s blockchain skills include Solidity, Ethereum, and Polygon.

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Aqdas Malik

Blockchain Architect

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Blockchain Architect

Aqdas Malik

Aqdas has an exceptional background directing software development projects for major companies. He holds a bachelors degree in Computer Science, and has expertise in many languages and platforms including Agile, Scrum, Ruby on Rails, MySql, and Solidity. Aqdas is known for strong project management, and has worked on significant projects such as StartBahn, ChainAPI, and AppWork.

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Alex Filippov

Software Design Lead

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Software Design Lead

Alex Filippov

Alex holds a Bachelors degree in Physics, as well as a Masters in Artificial Intelligence. He has over 20 years of IT experience, with mastery of numerous programming languages. His diverse porfolio includes projects in video compression, Fintech, smart contracts, telecom, load balancing, and technical documentation. He has served large clients including Ericcson, Dell, Disney, and Apple. His multi-disciplinary background has enabled him to think out of the box on difficult problems.

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Ralph Rennoldson

Advisor

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Advisor

Ralph Rennoldson

Ralph Rennoldson is a seasoned crypto investor with over 8 years of industry experience. Known for finding special opportunities, he has analysed over 1,000 whitepapers. His understanding of market dynamics has laid the foundation for his success. Ralph has invested in over 100 cryptocurrencies, including many in the Initial Coin Offering stage.

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Mohit Sirohi

Advisor

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Advisor

Mohit Sirohi

Mohit is a veteran in the global blockchain industry and is currently serving as an advisor for Symmetric. He is also the founder and CEO of Vegavid Technology. An alumnus of the prestigious Indian Institute of Technology (IIT Bombay), Mohit possesses extensive expertise in implementing machine learning, constructing scalable distributed systems, and utilizing cloud and blockchain technologies. His international experience as a digital transformation consultant has equipped him with profound strategic and operational knowledge, rendering him a highly sought-after technologist, director, consultant, and advisor.

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Naveen Kumar

Advisor

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Advisor

Naveen Kumar

Naveen serves as a member of the advisory board at Symmetric and holds the position of CTO at Vegavid Technology. With a background spanning finance and eCommerce, he brings valuable expertise to these roles. His focus in recent years has been on blockchain, digital assets and cryptocurrency, where he has developed a strong skill set and played key roles in numerous successful projects. Prior to this, Naveen held the position of Vice President (Technology) at Morgan Stanley, a prominent investment bank on Wall Street. With more than fifteen years of demonstrated experience, he specializes in designing and developing sophisticated enterprise-grade applications.

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Lyudmil Petrov

IT Security Specialist

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IT Security Specialist

Lyudmil Petrov

Lyudmil is a seasoned software and web developer with expertise in .NET Core/C#, Angular, React, SQL servers, and cloud technologies such as Azure and AWS. His career has been marked by designing, developing, and optimizing complex software systems, particularly in transforming legacy systems into advanced web-based solutions. He has collaborated with several notable organizations including the City of Mountain View CA, Pathway Health Corp, Severn Trent Services, and TriNet.

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Blockchain App Factory

ICO Development Team

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ICO Development Team

Blockchain App Factory

Blockchain App Factory is a leading enterprise blockchain technology solution and services provider company. Blockchain App Factory has built a legacy by providing cutting-edge solutions to clients across the globe, in all business spectra, looking to optimize for the web3 revolution. Their experience with blockchains enables them to provide custom blockchain solutions for applications in many industries.

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Credshields

Smart Contract Auditors

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Smart Contract Auditors

Credshields

Credshields is a web3 security company building next-gen tools for blockchain security. They also provide manual auditing services for smart contracts and blockchain infrastructure. The company has completed over 150 security assessment audits for a wide range of applications.

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General Cryptography

Intellectual Property Partner

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Intellectual Property Partner

General Cryptography

General Cryptography is an emerging leader in post-quantum cryptography, blockchain, and homomorphic encryption. The company has an impressive intellectual property portfolio including five granted US patents. GC is in a technology licensing partnership with Symmetric – the world’s first fully Shannon secure post-quantum blockchain.

Frequently Asked Questions

Proto-Pecuni (PROTOP) will never be expanded. This will allow for significant deflationary pressure during the ICO rounds. Once PROTOP has been converted to Pecuni (on the Symmetric blockchain), and development has been finalized – a minting mechanism seeking zero inflation will be adopted to maximize long term value. It may take 1-2 years before the PROTOP conversion occurs, and likely 5-10 years before the zero inflation mechanism is implemented. Updates on progress towards the PROTOP/Pecuni exchange will be posted on the ICO website.
Following the first ICO round, applications will be submitted to list PROTOP on public exchanges. The price of subsequent rounds will be a slight discount off of the current free market rate. Notice will be given of the timing of these rounds so that token holders can anticipate the temporary change in market dynamics.
Users and verifier nodes of Symmetric will communicate over a Shannon secure communication system called Quantum Lock. Prior to beginning usage, a USB storage device must be physically received from a central hub. Current asymmetric encryption bypasses this necessity. However, this slight initial delay is a minimal inconvenience when compared to losing all of one’s digital assets.
Legacy blockchains link blocks and authenticate ownership via asymmetric encryption which can be hacked by quantum computers. Symmetric replaces these obsolete protocols with post-quantum encryption. Additional enhancements to the way verifier nodes interact, further safeguards transaction integrity over current consensus mechanisms.
Generally speaking, yes. NFTs, corporate blockchains, and many cryptos will be able to convert over to Symmetric as their underlying foundation. Bank and credit card processing systems will likewise be able to switch over. A seamless conversion system will be created to facilitate this transition globally. Verifier nodes supporting these converted systems will use the Pecuni as their native gas – creating an extremely broad use case.
Symmetric has very comprehensive patent protection. It is possible that mathematicians will devise an alternate mechanism to enable post-quantum blockchain in the future. In that scenario, Symmetric (and the Pecuni token) will split global market share.
Yes, a core principle of the project will be full transparency in how the system operates. Private blockchain projects that build on top of the Symmetric layer will have an option to incorporate proprietary systems.
These protocols are likely more resistant to quantum computers than the old NIST standards, but that assumes that a "backdoor" math function is not discovered (which happened to one of the final candidates under consideration). It is important to understand that all of the new standards still use asymmetric encryption, which will eventually be breached by the types of quantum computers that utilize energy minimization. Once this type of system has adequate qubits, the verification algorithm for the standard (like multiplying primes together to get a public key) simply has to be run in reverse to derive the private key from the public key. Using "quantum resistant" encryption exposes enterprises to "save now decrypt later" hacking, as well as immediate hacking if a surprise advance in quantum computing occurs. Symmetric and Quantum Lock use fully post-quantum cryptography - that is permanently unbreakable.

Download Whitepaper

The Whitepaper contains greater depth on the history and plans of the project, the patented technology, and links to outside technical references.

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ICO Pitch Deck

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whitepaper

Get in touch!

  • Address

    Symmetric Holdings Inc.
    Intershore Chambers Road Town
    Tortola, British Virgin Islands

  • Phone

    1-833-436-2797

  • Email

    support@symmetricblockchain.com