OneLedger: Universal Blockchain Protocol with Scaling

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 permission less or permissioned setting. By coupling public key infrastructure (PKI) with identity management, nodes (and node operators) will have a defined trust hierarchy that allows them to participate in the consensus of the OneLedger chain or any sidechain.


OneLedger sidechains can be synchronized with the current state of other networks (Ethereum, Bitcoin, etc.). Any cryptocurrency that supports hashed time lock contracts (HTLC) and payment channels could be deposited into an account or address with the amount credited onto the OneLedger sidechain.

Diagram Illustrating Transfer Between Public Chains from White Paper

The system of sharding is planned to be used by Zilliqa, Telegram and Ethereum.

Other cases of using OneLedger:
  • Ability to use and transfer DApp applications
  • Providing cross-chain and consensus on the OneLedger protocol
  • The ability to communicate DApps over the OneLedger protocol
  • Processes transparency and traceability through the marking of business flows
  • Assistance to enterprises and individuals with AI support and stream optimization
Token metrics
  • Token supply: 100 million OLT
  • Softcap: 4 million USD
  • Hardcap: 15 million USD
  • Seed round: 1 million USD, locked for 6 months in smart contract with monthly release
  • Private presale: 6 million USD
  • Public presale: 3 million USD
  • Public sale: 5 million USD
Token distribution is the following:

OneLedger’s roadmap is as follows:

Q2 2018
  1. Launch Ethereum side-chain testnet
  2. Synchronize ethereum side-chain with OneLedger protocol engine
  3. Implement and optimize cross-chain consensus
  4. Add more public-chain support
  5. Launch MVP with cross-chain consensus

Q3/4 2018
  1. Enable Bitcoin sidechain to allow for cross-chain support
  2. Complete decentralized cross-chain exchange protocol
  3. Complete implementation of modularization tools and compilers
  4. Implement OneLedger’s Identity Management System and Smart Contract Authorization System
  5. Launch API gateway
  6. Launch Alpha version of the OneLedger platform
2019+
  1. Release first version of OneLedger Platform
  2. Integrate with more blockchain protocols
  3. Expand business network

For more information about the ICO, please visit the following links:

Website: ​https://oneledger.io

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

Blog: https://medium.com/@OneLedger

Telegram: https://t.me/oneledger

Github: https://github.com/Oneledger/
OneLedger: Universal Blockchain Protocol with Scaling OneLedger: Universal Blockchain Protocol with Scaling Reviewed by Mukesh Mali on June 03, 2018 Rating: 5
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