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One Ledger
One Ledger | |
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One Ledger logo One Ledger ICO Review | |
One Ledger ICO | |
Ticker: | OLT |
ICO start: | 0000-00-00 00:00:00 |
ICO end: | 0000-00-00 00:00:00 |
Tokentype: | ERC20 |
Hardcap: | 15,000,000 USD |
Softcap: | 4,000,000 USD |
Platform: | Ethereum |
Distributed: | 35% |
Accepting: | ETH |
OneLedger enables you to focus building your business application through OneLedger modularization tools, which will communicate with OneLedger protocol using its APThey gateway. This mechanism will make your business application interact with different public and private blockchains synchronously through corresponding side chains implemented in OneLedger platform.
Description
OneLedger is a cross-ledger agnostic protocol that enables high-performance scaling using a sharded and modified practical Byzantine Fault Tolerant consensus scheme -- which allows for either a permissionless or permissioned setting. By coupling public key infrastructure (PKI) with identity management, nodes (and node operators) will have a defined trust hierarchy that allows them to participate in the consensus of the OneLedger chain or any sidechain. OneLedger sidechains can be synchronized with the current state of other networks (Ethereum, Bitcoin, etc.). Any cryptocurrency that supports hashed time lock contracts (HTLC) and payment channels could be deposited into an account or address with the amount credited onto the OneLedger sidechain. This allows for a scalable and transparent solution that is off the main network or chain and is now off-loaded to the OneLedger sidechain. An arbitrary number of transactions between users can occur on a OneLedger sidechain prior to the final user requesting a withdrawal of their balance from the hashed time lock address / account on the main chain to the address / account of their choice. Essentially, OneLedger provides a scalable `off-chain` solution from any main chain and offloads the consensus to the corresponding OneLedger sidechain which inherits all of the properties of the OneLedger protocol.
By using role control with PKI, enterprises can also launch their own permissioned sidechains. Businesses will be able to define the precise role of node operators that participate on their sidechain. In addition, by utilizing OneLedger’s unified framework, companies can develop their distributed ledger technology application with a single codebase and simultaneously launch their product across multiple infrastructure networks of their choosing.
Roadmap
“ | Q3 2017: Final whitepaper Theoretical Proof of Concept Q1 2018: Launch Ethereum sidechain testnet Synchronize Ethereum sidechain with OneLedger protocol engine Implement and optimize cross-chain consensus Add more public chain support Launch MVP with crosschain consensus Q3 2018: Enable Bitcoin sidechain to allow for cross-chain support Complete decentralized cross-chain exchange protocol Complete implementation of modularization tools and compilers Implement OneLedger's Identity Management System and Smart Contract Authorization System Launch API gateway Launch Alpha version of the OneLedger platform 2019: Release first version of the OneLedger platform Integrate with more blockchain protocols Expand business network[1] | ” |
Team
External links
One Ledger on Twitter
One Ledger on Telegram
One Ledger on Medium
One Ledger on Github
One Ledger on Reddit
One Ledger Official Website
One Ledger Whitepaper