OneLedger hopes to provide convenience for businesses and individuals and integrate blockchain technology into daily activities. They plan to do this by making it easier to create side chains(private and public blockchains) using the OneLedger protocol. According to the project, OneLedger will make these side chain compatible with other blockchains, allowing data to be stored in various blockchains while supporting consensus across the various chains.
OneLedger is a combination of consensus protocol and side chain. It uses blockchain technology's own sharing and self-defense mechanisms to form a blockchain network that can be implemented and verified to achieve cross-chain access through modular services. OneLedger's side chains can synchronize with the status of other backbone networks. Any cryptocurrency that supports HTLC and payment channels can be credited to the OneLedger side chain at the time of “wallet” deposit. After defining a three-layer consensus protocol, OneLedger enables different blockchain applications to integrate more efficiently.
Its platform plans to create a master key authentication system that allows users to create accounts with digital wallets, credit systems and arbitration mechanisms. The master key will be used to connect all public keys in the user's network (public keys in all chains), create a common identity, and ensure that the user only needs one "OneLedger" identity instead of many identities. The credit score of each identity will be based on its degree of honesty in the network, and participants may use arbitration mechanisms to resolve possible problems in the OneLedger channel. These features will be tailored to the needs of different users; for example, it is reported that companies on the platform will be able to set up custom permissions on their networks.
In addition, it plans to create an SDK that can deploy dApps on multiple platforms without changing the underlying coding language. It is expected that this system can improve interoperability, for example in a cross-chain decentralized exchange: Users will be able to shift larger workloads to higher-performance side chain so that protocols and dApps can communicate - There are many other possible use cases. In the future, OneLedger also plans to develop a market where developers can use their applications to get rewards.
With more than 3 years of block chain experience and 10 years of experience as an enterprise architect, he has conducted a series of technical projects for a number of Fortune 500 companies. He also developed the DB2 and WebSphere Commerce core engines at the IBM Toronto Lab. As a supply chain, payment, e-commerce expert, and an experienced J2EE enterprise architect, David has helped exponentially grow large companies, including Home Depot, Sears, and Toshiba. David is an active member of the Hyper Ledger and blockchain community.
Alex is a pioneer in technology finance and entrepreneurship. He is the founder and CEO of Trust 2 Pay, and former chief technology officer of PRESTO. He is responsible for the innovative support of the industry participation plan leading the 10 years business model roadmap. The estimated value of these plans over the past few years is 200 million. Above the dollar. Alex has been exploring business opportunities in emerging and disruptive technology fields during his career and is currently launching a social enterprise using blockchain technology to help 5 billion people of working age get help by making financial resources more accessible.
Yang is a senior software developer for distributed applications. He is a former senior advisor to Morgan Stanley and Deutsche Bank. He also worked at IBM and Microsoft. Yang has a deep understanding of front-end and back-end systems through development and architecture, and is interested in the application of high-performance computing. He is also accepting the blockchain revolution and becoming an expert in the development of Solidity smart contracts at ethereum.
Edwin is a veteran of blockchain startups and investments. He was formerly the former software engineering director of TribalScale leading the blockchain related research and development - TribalScale is an innovative company focused on emerging technologies. As a blockchain developer with solidity and ethereum smart contract development experience and software developers, Edwin has a broad technical background. He brings extensive investment experience backed by a technology foundation, as well as extensive global influence within the cryptocurrency community.
Othalia has more than 10 years of experience in the investment management industry and has expertise in performance analysis. She understands cryptographic economics and the underlying blockchain technology and obtained the ethereum Blockchain developer certificate. She uses her experience and knowledge to help blockchain organizations build strong supporter communities. She firmly believes that accurate education and ethics will help develop the emerging blockchain space. Othalia is fluent in English and French.
Nearly 20 years of commercial application experience in building complex software systems. Ability to conceptualize, lead and develop exciting new technologies. The professional is responsible for developing complex commercial software products. Worked at companies such as IBM.
Alex is a data science expert. He holds a master's degree in computer science and focuses on machine learning and big data applications. Alex is a former business intelligence engineer at Amazon and is currently a data engineer at an industry-leading innovation company. He has a wide range of big data resources. Alex realized that it might become a passion for blockchain technology after breaking every industry. He has accumulated rich experience in the development of blockchain protocols and consensus algorithms.
Lester Li is a stack engineer and he has been involved in more than 10 years of technical research. Earlier in his career, he developed a secure network layer and managed an end-to-end encryption mechanism. He then entered the telecommunications network that built high-performance custom product systems. He is a former senior engineer at Nokia and is involved in information security, cloud computing and other innovative projects. He is also an open source community contributor and blockchain enthusiast. He has accumulated extensive experience in the ethereum JSON-RPC interface and smart contract development.
OneLedger uses the side chain consensus to complete the transfer between the main chains. When cross-chain collaboration is required, the pre-consensus step will first be conducted in OneLedger, and the proposal will be voted by the chain verifier to verify the locking or unlocking behavior of the public asset. If the proposal returns successfully from both chains, then the pre-consensus block is determined to be licensed. Once one of the side chain nodes has submitted the block, the transfer will be done in OneLedger. Because OneLedger uses the cooperation of the joint and drive chains, it is possible to synchronize between the public and the side chain, so as to achieve cross-chain transactions.
The side chain consensus algorithm consists of two phases. The first phase is "round-based pre consensus," requiring more than two-thirds of the nodes within the scope of the agreement to obtain a consensus proposal; the second phase is the pre consensus block prepublication chain. In connection, each node will confirm a pre-consensus proposal that is signed by two-thirds of the nodes in the scope. After verification, the block will be broadcast.
It will release 100 million tokens to maintain system operation. The main participants of the system are: users (paying fees to use platform services), network nodes (receiving OLT tokens as contribution rewards), and developers (including individual contributions) To business teams, consulting firms, etc.).
【HardCap】$ 15million
【price】$ 0.52
【Total】100million
【distribution】
In general, OneLedger has a well-thought-out prospective solution if the product launch is still a great project. The main drawback is the lack of MVP and the small number of developers involved, but now the project is still in its infancy, and I am still in no hurry. I still believe that in the near future, low hardcap, excellent creativity and excellent team will bring this project. A lot of attention.
