OneLedger (OLT)

OneLedger is a cross-ledger agnostic protocol that enables high-performance scaling using a sharded and modified practical Byzantine Fault Tolerant consensus scheme.

Whitepaper

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What is OneLedger

OneLedger sidechains can be synchronized with the current state of other networks (Ethereum, Bitcoin, etc.)

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.

OneLedger forms a realizable and verifiable blockchain network which is modularized from real-world functionality, based on the sharing and immunity mechanisms provided by blockchain techniques.

OneLedger will develop tools within the business portal, enabling users with any level of blockchain experience to map their business module onto the blockchain, generate chaincode through developer-defined modules, and tag the process throughout the flow.

OneLedger will use a block hash of the previous block to link the blockchain, and verify through the use of the Merkle tree root.

OneLedger  users, including businesses, need to pay a network fee to nodes to use any services on the OneLedger platform. They can either acquire OLT tokens from other token holders, or they can run a node themselves to start acquiring tokens to reuse for business use cases. Users might need to pay OLT tokens to access services sold in the marketplace based on the distribution smart contract set by the developers.