Have you thought of a possible consensus algorithm that would ensure all blockchain platforms being linked together in a most efficient pattern? Or Side chains actually being used in real life businesses, then it shouldn't be a thought anymore or a thing to be imagined as far away because it's here today as ONELEDGER.
What is Oneledger in the simplest explanation there is?
Oneledger is a consensus Algorithm platform designed for businesses to run sidechains in a scaled up high performance cross ledger without encountering the issues associated with currently running platforms. This is one of the outstanding projects I have seen in a long time that hopes to address the lingering difficulty associated with accessing a blockchain from another blockchain platform as the side chain. If I understand fully well from the content of the whitepaper, to address security issues faced with the scare of an efficient side chain, oneledger hopes to address this by providing incentives to miners using payments channels that they woukd synchronize with the oneledger platform, hopefully this would be done using the wallet that would be created as well by the oneledger team as a componet of the whole system. Oneldger would also provide anyone interested in creating a sidechain the opportunity to do so in a very easy way with the knowledge of a secue sidechain. Also, with Oneledger DApps can be ported and deployed on different platforms and I have only seen this possible with the NEO blockchain platform.
What makes Oneledger Unique?
N/B: These are all I could get from their whitepaper.
1. Channel Concensus:
This would enable sidechain-consensus enabled by voters that authenticate a transaction in the consensus algorithm. This would further secure a sidechain transaction and ensure kt goes smoothly. This is unique only to oneledger and would prove it a better blockchain scalable platform for business to use and adopt. Also after a transaction is confirmed it is distributed to all nodes to ensure it is saved properly.
2. Development of a software development kit that would help in porting and deploying smart contracts using multiple platforms:
This would allow the DApps that has been developed using oneledger plaform to be able to run on other platform if deployed on those platforms, this would encourage and foster use of Dapps better as blockchain goes mainstream, as this would encourage communications of platforms and an app being able to run on another Dapp. Take for instance, an app that would be developed on nOS, yet to be launched, can be run on oneledger because oneledger sdk was used in the development of the DApp.
I would advice everyone to read the whitepaper
This looks like one of those projects that pops up without so much hype yet they got an outstanding project in view, don't know if the test of the project is currently ongoing but if it is then it is a plus as it would expedite the rate of implementation.
On the financial aspect I am convinced this might be a good place to invest ones money but like always never forget to Do your own research, DYOR.
