Can the modular tool + sidechain make blockchain applications bloom everywhere? — OneLedger commentary

in oneledger •  7 years ago 

What is OneLedger?

OneLedger hopes to provide convenience for businesses and individuals and integrateblockchain technology into daily activities. They plan to do this by making it easier to create sidechains (private and public blockchains) using the OneLedger protocol.According to the project, OneLedger will make these sidechains compatible with other blockchains, allowing data to be stored in various blockchains while supporting consensus across the various chains.

The OneLedger 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, the OneLedger project 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 sidechains 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.

According to reports, OneLedger’s token OLT will be used for payment on the platform; it will also be used to motivate the node. In addition, developers need OLTs to deploy modules on the OneLedger protocol. At some point in the future, it is possible to introduce the lowest threshold of OLT

Team:

Trevor Koverko

Polymath’s CEO.

Business expert

Alex Todd, CTA

Trust 2’s founder and CEO paid more than 3 years (on-going).

TrustEnablement founding director for more than 8 years.

The Bayview Community Service Management Committee is a member of the Board of Directors and a founding chairman who serves for two years.

Diversinet served as executive vice president for a year.

The president has worked at Phase III Computing Inc. for 7 years.

Chief Engineer Stephen Li

The founder of Service Informatiques Yang-lL has been working for more than 3 years.

Target market experts

David Cao, Founder and Chief Executive Officer

Chairman of Canada China Blockchain Association for one year (in progress).

Served as a business consultant for Xerox Corporation for 5 years.

Alex Todd, CTA

Served as an information security and trust advisor at IBM for more than four years.

In addition, as the target market is more technical, all other team members with development experience have certain target market expertise.

Marketing expert

Alex Todd, CTA

Marketing Representative — Canada Lotus develops distributor channel for 2 years.

Legal expert

There are no legal professional team members.

Software Engineering Expert

Chief Engineer Stephen Li

Morgan Stanley Consulting (Full Stack Developer) has been in over a year.

Deutsche Bank CGI Senior Advisor (Application Developer) 8 months.

Software Developer II worked for TEKsystems for nearly a year.

Walsh Integration’s senior software developers have been working for more than a year.

IBM employees software engineers for nearly 4 years.

SDE leads Microsoft for one year.

Tekever engineer more than 2 years.

The NEC company developer/SWQC leads for 3 years.

David Cao, Founder and Chief Executive Officer

One year of WebSphere Commerce Architect on OnX.

He has been leading the WebSphere Commerce consultant for nearly 2 years at Nurun and has worked at Men’s Wearhouse for more than a year.

MRS Advanced Java / J2EE / E-Business Consultant in the last 2 years.

Java / J2EE / WebSphere Commerce Developer has worked at IBM for more than two years.

One year at Rogers’ master/application specialist.

Anhui TV station Web application developer for 3 years.

General Manager Edwin Zhang

TribalScale’s agile software engineer has been in over a year.

Salesforce Developer has worked at LogiSense for more than a year.

Autodesk software developer 4 months.

NexJ Quality Assurance analyst for 4 months.

Engineer/researcher Alex Lan

MindGeek’s data engineer for one year.

Rdb.io Inc.’s developers and big data architects are six months.

Business intelligence engineers have been in Amazon for more than a year.

Alcatel-Lucent Shanghai Bell system engineers have an internship for 3 months.

Lester Li, Engineer

Worked for Nokia’s development engineer for 5 years.

One year at CIeNET engineers.

Worked as an engineer at WetStone Technoliges for 4 years.

Alex Todd, CTA

PRESTO Chief Technology Officer more than 2 years

Project Benefits:

Strong development team.

Moderate hard top

The private pre-sale phase project has exceeded three times and does not rely on airdrops or incentive activities.

Huge predictable scalability and flexibility.

Low volume of liquidity

Token information:

Token supply: 1 billion OLT
Softcap: 4 million USD
Hardcap: 15 million USD
Seed round: 1 million USD, vesting period of 6 months with monthly cliffs for the bonus, implemented in smart contracts
Private presale I: 6 million USD
Private presale II: 3 million USD
Public sale: 5 million USD
Community reserve: locked for a minimum of 6 months in smart contracts, and followed by 1 to 2+ years vesting schedule for the long-term benefit of the community.
Team reserve: vesting period of 24 months with quarterly cliffs implemented in smart contracts
Advisors reserve: vesting period of 12 months with monthly cliffs implemented in smart contracts
Company reserve: locked for the first 6 months and followed by a vesting period of 18 months with monthly cliffs implemented in smart contracts.
Marketing and long-term partners: vesting period of 3 to 6 months for marketing reserve. A minimum of 6 months lock-up period followed with a 1 to 2+ years vesting period target for long-term partners. All vesting and lock-up periods implemented in smart contracts.
Here are some useful links:

Official website: https://oneledger.io/

Number of telegrams: more than 17000(telegram address: https://t.me/oneledger)

whitepaper: https://oneledger.io/wp-content/uploads/2018/04/oneledger-whitepaper.pdf

twitter: https://twitter.com/OneLedgerTech

kyc information: https://medium.com/@OneLedger/announcing-kyc-registration-and-the-oneledger-ambassador-program-7840fccda333

In short, OneLedger offers a modular set of tools that allows businesses to easily build a wide variety of applications without requiring blockchain technologists . At the same time, OneLedger’s mechanism allows these applications to interact with common public chains, such as Ethereum, Bitcoin, and Superbooks.

The technology used by OneLedger is essentially a side chain . Consensus is transferred from the main chain to the side chain. It is convenient on the side chain, the transaction is fast, the handling fee is also low, and it is easy and costly to make trouble. Mr. Mystery always thinks that the blockchain wants to fly into the homes of ordinary people. It does not rely on the endless chain, but also on the application. For projects that help to build applications, all are appreciative.

OneLedger’s starting point is very good, trying to build an ecological vision. However, the ecological cake is too big. There are a lot of projects that want to be divided into pieces. The famous ones are ArcBlock, AION, and NEM. It is worth mentioning that, from the perspective of the road map, OneLedger’s front is relatively long, and only 19 years can be the first version.

Anyway, I am all in!

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