OneLedger OLT to EOS EOS Exchange

Crypto Pair Details: OLT to EOS

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.

EOS EOS

What Is EOS? EOS has always been one of the most hype over ICO and now a smart contract platform. When it was announced by founder Dan Larimer in New York City in May 2017, a giant jumbotron advertisement could be seen glowing over Times Square. In the first 5 days of their ICO token sale, EOS raised an unprecedented $185 million in ETH — all without having any kind of product or service yet. EOS claims to be “the most powerful infrastructure for decentralized applications.” Basically, EOS is (or, rather, will be) a blockchain technology much like Ethereum. They plan to create their own blockchain with a long list of impressive features. Some are even calling EOS the “Ethereum killer.” But along with all the hype and excitement about EOS, there’s also a large amount of skepticism coming from the crypto community. The EOS Vision EOS has big plans. It will be a software that will act as a decentralized operating system. Developers can then build applications on the EOS software. It will be highly scalable, flexible, and usable. The most notable feature that everyone is getting excited about is horizontal scalability — what this means is the EOS blockchain will be able to allow parallel execution of smart contracts and simultaneous processing of transactions. This could be a real game changer. EOS will incorporate the delegated proof-of-stake (DPoS) consensus protocol, created by founder Dan Larimer himself. This system is less centralized, uses far less energy, and is incredibly fast — as in, up to millions-of-transactions-per-second fast. Furthermore, there will be no user fees on the EOS blockchain. This would also set them apart from the competition and could help them gain more widespread adoption of their platform. EOS also wants to put a blockchain constitution in place to secure user rights and enable dispute resolution. As explained in their technical whitepaper: 'The EOS.IO software is designed from experience with proven concepts and best practices, and represents fundamental advancements in blockchain technology. The software is part of a holistic blueprint for a globally scalable blockchain society in which decentralized applications can be easily deployed and governed.' Tokens that are issued on top of the EOS platform includes Everipedia, HorusPay, Meet One, and more.

SOURCE: COINGECKO

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