Obyte GBYTE to OneLedger OLT Exchange

Crypto Pair Details: GBYTE to OLT

Obyte GBYTE

Launched on Dec 25, 2016, Obyte is a distributed ledger based on directed acyclic graph (DAG). Thanks to absence of blocks and miners, access to Obyte ledger is decentralized, disintermediated, free (as in freedom), equal, and open. Obyte is the first DAG based cryptocurrency platform to support dApps. Due to absence of miners and blocks, there is no risk of front-running and other miner manipulation, and dApps are safer and easier to develop than blockchain based dApps. DApps are developed in Oscript - a new language that avoids many unsafe programming patterns common in earlier dApp platforms. Thanks to its safety, Obyte is especially well suited for DeFi apps, some are already available on the platform, such as Discount Stablecoins (https://ostable.org), some are being developed. Other features include: self-sovereign identity, private untraceable currencies, sending crypto to email using textcoins, and extremely small-footprint libraries suitable for small IoT devices.

OneLedger OLT

OneLedger enables you to focus building your business application through OneLedger modularization tools, which will communicate with OneLedger protocol using its API gateway. This mechanism will make your business application interact with different public and private blockchains synchronously through corresponding side chains implemented in OneLedger platform. OneLedger defines a three-layer consensus protocol to enable more effective integration of different blockchain applications. Business logic can be implemented by the first layer – a configurable role-based consensus protocol leveraging hierarchical grouping similar to the structure of Merkle Tree. The side chain consensus protocol can move consensus traffic from the main chain with public consensus to the side chain with high performance and efficiency. OneLedger block structure enables the synchronization and reference between the three-layer consensus. The company works as a cross-ledger blockchain platform for people to make exchanges through business methodology. Not only that, but it’s also developed using the enterprise blockchain technology solutions that are running across the globe like something the world has never seen. One Ledger also operates as a powerful consensus engine that will help people with governance, so they can rest assured their transactions are being completed legitimately. The SDK on the platform is also highly customizable. And the platform, in general, is highly scalable and reliable. The architecture of the One Leger is built around the focal point of building your business software through the One Ledger modularization tools. They are set up to communicate with One Leger’s advanced protocol via the unique API gateway used by the platform developers. The new method of operation is designed to make your business application work together with different private and public blockchains in synchronicity by way of side chains that work together and are implemented via the One Ledger platform. The platform is designed to help people in a wide range of different business models. People in finance, agriculture, transportation, manufacturing and just about anything else will benefit highly from the One Ledger protocol. It works with Bitcoin, Ethereum, HyperLedger and several other platforms.

SOURCE: COINGECKO

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