Contents
- 1 Overview of OneLedger
- 2 Blockchain
- 3 Network
- 4 Support
- 5 Transactions
- 6 AdHave a product you want to bring to market?
- 7 Can We trust on this project?
- 8 Cardano (ADA) jumps 8% in 24 hours, but what does on-chain sentiment data show?
- 9 How advanced is the project?
- 10 Markus Tradt question – Room for more than one protocol?
- 11 What is OneLedger?
- 12 What are the tokens used for and how can token value appreciate?
- 13 AdMad at your Computer?
- 14 Do you want to win at blockchain PR?
- 15 Stock Buybacks: Why Would a Company Reinvest in Themselves?
- 16 How quickly does OneLedger complete transactions?
- 17 What does the company/project do?
- 18 History of OneLedger
Overview of OneLedger
Thu, Apr 8, 2021 8:30 PM
americanbankingnews
Blockchain
To make their solution universal, OneLedger will be making use of side-chains to increase interoperability between varying blockchains like Bitcoin, Ethereum, etc.To help accomplish their goals, there will be several broken down features, such as a Smart Identity Management Platform, Blockchain Services, Chaincode Service, and their Programming Interface.Smart Identity Management Platform – OneLedger can provide a master private/public key pair that is assigned to an identity, which can then grant access to any other public key that the identity would have access to.Using the Identity Platform, clients can create different levels of access for trusted users to access their blockchain.Chaincode Service – OneLedger is developing a software development kit to provide businesses launching dApps on multiple platforms the ability to create a “Master Smart Contract” which will specify the smart contract written in each language of choice when necessary.Programming Interface – APIs will be made available to create a set of desired functions for the client, allowing them to register new users, query the blockchain, etc.Another core component of OneLedger is its business portal.
Network
The new initiative will allow participants to test the effectiveness of OneLedger’s mainnet: Kratos.Validators who join the network between April 19 2021 – May 17, 2021 will receive 20,000 OLT as a thank you for participating in the race to hold one of the 16 coveted nodes on OneLedger’s mainnet.
Support
OneLedger supports consensus across different blockchains; the ability to expand and query data in other chains is made possible through compatibility with other blockchain networks by leveraging side-chains.
Transactions
Additionally, developers will be paid in OLT tokens for the creation of modules, with transactions executed on pre-defined smart contracts that allow for one time purchases, subscriber model payments, etc.The tokens will appreciate in value depending on the value that the community sees in OneLedger.
AdHave a product you want to bring to market?
Develop a sound understanding of what effective product performance management entails and learn how to successfully bring a product to market.
Can We trust on this project?
The project was created with good expectations.The token – OLT – managed to reach the cryptomarket, being traded in a few exchanges.
Cardano (ADA) jumps 8% in 24 hours, but what does on-chain sentiment data show?
ADA, the native token of smart contract platform Cardano, jumped 8% in the past day amidst rising public sentiment for the broader ecosystem, data from multiple sources showed.
How advanced is the project?
OneLedger has claimed to have completed an MVP thus far, but will be releasing its demonstration to the public in June 2018.
Markus Tradt question – Room for more than one protocol?
“Considering the origins of both of your blockchains and where they are heading is it possible to assume that the differences between public and private blockchains may shrink.
What is OneLedger?
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.
What are the tokens used for and how can token value appreciate?
The tokens will be used in a number of ways.For instance, users of the platform will need to pay node runners OLT tokens in fees.Node runners themselves may have to stake OLT tokens in the future to ensure quality of network.Additionally, developers will be paid in OLT tokens for the creation of modules, with transactions executed on pre-defined smart contracts that allow for one time purchases, subscriber model payments, etc.The tokens will appreciate in value depending on the value that the community sees in OneLedger.If there are a lot of businesses demanding specialized modules, a lot of users taking advantage of their services, and a lot of nodes being run to support the network, the demand for and value of OLT tokens will grow.
AdMad at your Computer?
Boost and fix your computer with ease, now.
Do you want to win at blockchain PR?
Get your free book:The Battle of the Pitches to discover how to take your PR to the next level – EAK Digital style.
Stock Buybacks: Why Would a Company Reinvest in Themselves?
The rapidly improving economy and stocks at record highs may be fueling a flurry of stock buyback activity in 2021.
How quickly does OneLedger complete transactions?
OVERVIEW OneLedger Technology Inc.1 as a company, is established to provide a universal protocol that enables interoperability across various blockchains.
What does the company/project do?
OneLedger is a cross-ledger agnostic protocol that enables high-performance scaling.It plans on providing businesses with a blockchain development solution, which they will aim to simplify the creation of a customized or niche blockchain for their field.To make their solution universal, OneLedger will be making use of side-chains to increase interoperability between varying blockchains like Bitcoin, Ethereum, etc.To help accomplish their goals, there will be several broken down features, such as a Smart Identity Management Platform, Blockchain Services, Chaincode Service, and their Programming Interface.Smart Identity Management Platform – OneLedger can provide a master private/public key pair that is assigned to an identity, which can then grant access to any other public key that the identity would have access to.This will create a universal identity solution for the tracking and access of assets/information on a variety of blockchains.Blockchain Services – OneLedger will be able to create a side-chain on the OneLedger consensus protocol to be customized to that client’s needs.For instance, they can create various degrees of permissions/access.Using the Identity Platform, clients can create different levels of access for trusted users to access their blockchain.Chaincode Service – OneLedger is developing a software development kit to provide businesses launching dApps on multiple platforms the ability to create a “Master Smart Contract” which will specify the smart contract written in each language of choice when necessary.Programming Interface – APIs will be made available to create a set of desired functions for the client, allowing them to register new users, query the blockchain, etc.Another core component of OneLedger is its business portal.The portal will allow business clients to develop every part of their blockchain solution.In addition to the aforementioned services, they will also include the ability to connect with independent module developers to meet niche needs of a business.The entire process will be made transparent for the security and fairness of all parties involved.