[ANN] ✨ OneLedger ✨ A Business Modularization Blockchain Protocol

[fraazi]

How many peolpe are in your project? How many developers? What is their background?

[1714903682]

1714903682

[1714903682]

1714903682

[1714903682]

1714903682

[OneLedger]

Get your questions ready

The OneLedger team will be hosting an AMA on September 10, 2019.

Mark your calendars

[OneLedger]

https://www.oneledger.io/blog/development-update6

Development Update



In this sprint, we focused on the OneWallet, Fees and Lynx Engine.

The list of changes includes:

 

1. Protocol v0.11.2

Features

- Protocol:

Completed Dynamic Fee Structure

- Lynx:

DevOps:

Elastic Search for Logging


2. Wallet v1.0.1

- Explorer SDK

Account History: Send and Receive Tx

Mapping to Transaction Types to Account History Label

- Wallet SDK

Error Code Mapping

Define Domains to .olt Extension only

- Wallet UI

Various Error messages on Pop-Ups

Link Account History to Chronos Explorer

Define Domains to .olt Extension only

Export Vault Verification Pop-Up

Login-Logout Flow Changes

Change Active, Inactive, and Sale Domains screens and flows

Change Search Domain Flow

Display Transaction Types to Account History Label

Various Bug Fixes

- DevOps

Load Balance FullNodes on Devnet for SDK usage

Deploy Faucet in Chronos for OneWallet

In the next sprint, we will continue our work on the Responsive UI for Explorer for Mobile Web, Complete Fees Integration, HD Wallet support in SDK and Protocol, Wallet Bug Fixes.

https://www.oneledger.io/blog/development-update6

[OneLedger]

Hey Ledgerians,

If you didn’t get a chance to sign up for testing the OneWallet Beta, don’t worry, we have you covered.

Check out this great demonstration by our Director of Product, Aly Kassam.

DEMO : https://www.youtube.com/watch?v=zeFwFp54Hp8



DEMO : https://www.youtube.com/watch?v=zeFwFp54Hp8

[OneLedger]

Today’s Lunch and Learn session was lead by our DevOps Engineer, Steven Yan.
He gave a presentation on “Elastic Search - Logging and Metrics”.

[OneLedger]

Hey Ledgerians,

OneExplorer is officially out of Beta now.

Check it out: https://oneledger.network/

[OneLedger]

https://www.oneledger.io/blog/recap-of-the-telegram-ama1

Recap of the Telegram AMA




Hey Ledgerians,

 

The OneLedger team conducted an AMA on September 10, 2019. David Cao, Founder, and Aly Kassam, Director of Product, represented our team.


This AMA was flooded by a ton of questions from the community relating to technology, marketing, and future initiatives. This is by far the busiest AMA we’ve ever had. Great job in making David and Aly not even get a few seconds of breathing space during the intense 60 minute AMA period.

 

Thank you to everyone who showed up during this AMA and contributed to learning more about OneLedger.

 

Here are some questions and answers from the AMA:

 

1. On Chronos testnet, is JavaScript smart contracts only going to be tested and no other machine language?

Aly: Yes OLVM supports Javascript smart contracts currently. We can try and come up with other languages in future based on the need.

 

2. The DApps to be developed on the testnet and mainnet, are they going to be only business prelate DApps?
Aly: Dapps can be developed by any developer. We will be releasing the necessary documentation soon.

 

3. Is Ubuntu 16.04 the only O.S to be used for the testnet. If yes, is the 7.5GB if RAM not too low?

Aly: For testnet, 7.5 GB Ram is good enough.

 

4. How is the wallet development going along?

Aly: The OneWallet development is ongoing.  The next iteration will include HD Wallet support, we will move to support Ethereum and ERC20 shortly after that.  Once Lynx Engine is ready for supporting interoperability into BTC, then we will also include Bitcoin.

 

5. Why we need to wait for staking more than six months after mainnet ?

David : Because there is interoperability, this is the first time someone is performing staking cross-blockchain. There are some challenges with staking that we have to figure out and validate. So we are just making sure that we deliver the best experience.

 

6. What other companies are you talking to about working together with?
Aly: Currently, we cannot discuss exactly which companies.  We are facilitating conversations in the Real Estate, Supply Chain and Automotive sectors.  There are also technology partnerships we are evaluating to get to market with enterprises quicker.

 

7. How long before the mainnet?
Aly: Kainos is scheduled for Dec 2019, and Kratos is scheduled for Q2 2020.

 

8. @akassam any new product services that we can expect to see in the coming years?
Aly: We are working on a Token Migration Utility for ERC20 Tokens and still looking at building an application in the OTC space.

 

9. Can you confirm the Google Partnership and give us some details on the shape of this partnership?

Aly: With regards to the Google partnership, we are currently partnered with Google Cloud Platform and as a result we are able to be present on their marketplace, the partnership also allows us to utilize accounting and billing services with Google Cloud so that enterprise customers can utilize Google Cloud as their service provider and manage all OneLedger Billing through them.

 

10. What sets OLT apart from other DLT blockchains?
Aly: Well for one, OLT is attempting to build interoperability between multiple different types of Blockchains.  A lot of competitors will talk about interoperability for Ethereum or Smart Contract based chains, where as we are also going after Bitcoin and using BTC Scripting to build Smart Contract like functionality. In addition, we are moving towards having interoperability as a central piece of our protocol, whereas others try and accommodate it only through Atomic Swaps in Smart Contracts.

 

11. When everybody can try the OneLedger wallet ?

Aly: We will be opening up the wallet in Q4, but if you would like, message a CM and we can add you to our Beta.

 

 12. Can you tell what is difference between Cosmos and OneLedger from technical point?

Aly: Cosmos provides interoperability between two cosmos based chains currently. It has not promised interopability with chains like Bitcoin. OneLedger provides, in addition to its own chains, interoperability to other big chains that matter. OLVM supports smart contracts in JS, where as Cosmos doesn't provide any smart contract support.


13. Is there any plan for OneLedger team to build an exchange on the OneLedger blockchain?
Aly: Although building a DEX would be optimal on the OneLedger Blockchain, we are not building one. That doesn't stop anyone from utilizing OneLedger tech to do so if they wish.

 

14. If I will setup a validator node for staking or if i will start staking with my OLT tokens, and if there will be not traffic in blockchain who will give me OLT as a fee ? Does the team have any reserve for this? Some staking projects are paying it from their reserves for first and second and third year.

David : We will be giving Block rewards from our pool for the first few years. This is already mentioned in our Tokenomics paper. In addition, Dapps on our chain can help achieve more Tx's and thus more fees. Our Cross-chain Naming service is one example of that.

 

15. So after the mainnet and before the staking can we run nodes and collect transaction fees?

Aly: That's correct.  Right now we are on the verge of completing the Fees component for the Protocol, so that during Kainos, Validators will earn OLT as fees.  That's why we will be migrating our Token in that time period as well, to bring utility to the Token quicker.

 

16. So we can run nodes without having tokens?
Aly: We have a few options we are exploring for this. The 3M Tokens will still be required to be a validator, the way we will do it will be outside of Staking for the time being. We will provide more info closer to Kainos Launch.

 

17. Does the the project have enough funds to last the next couple of years and is OLT earning income right now?
Aly: We've answered this a few times.  Yes definitely the project has funds for a few years, but we are pursuing revenue opportunities.

David : The fund is enough to build the network, for enterprise market, we are working on few industry with partners, few of them are on final phase to generate revenue.


https://www.oneledger.io/blog/recap-of-the-telegram-ama1
 

[OneLedger]

How many peolpe are in your project? How many developers? What is their background?

Hello fraazi. Please check our website for more information about our team.

You can see all of our team members and their linkedin pages. 

https://www.oneledger.io/about-us

[OneLedger]

As I remember wallet should be released on 31 August? Is this will be decktop wallet or just web wallet? And what about mobile version? You should have android and IOS wallet too I think... 

Beta version of OneWallet is ready now. Our 100 testers are testing OneWallet now. It is a chrome extension for now and more version will be available in the future.

Please check our video about OneWallet.  : https://www.youtube.com/watch?v=zeFwFp54Hp8

[OneLedger]

Hey Ledgerians, there is a new interview releasing this Friday. Guess who is on the other side?

[sanj429]

Interviewing Aly Kassam From OneLedger --> https://www.publish0x.com/at-scottcbusiness/interviewing-aly-kassam-oneledger-xxzkzd

[OneLedger]

A huge shoutout to Scott Cunningham for interviewing the OneLedger team. Catch all the company insights from our Director of Product, Aly Kassam. A must watch!! 🚀🚀

Interview: https://www.youtube.com/watch?v=JOIrnQzEgfQ


-------------


Development Update


https://www.oneledger.io/blog/development-update7





In this sprint, we focused on making the OneExplorer Mobile friendly and fully launching it out of Beta. We also worked on the
HD Wallet component for the Lynx engine and for the OneWallet. In addition, we worked on fees and bug and UI fixes for the OneWallet.


The list of changes includes:

 

1. Protocol v0.11.4

Features

- Protocol:

Fee Integration into the Application Layer
Error Code Handling for OneWallet Tx

- Lynx:

Start HD Wallet component for Interoperability
- OneExplorer

Responsive UI for Mobile

Search Component has been refactored


2. OneWallet v1.1.0


- Wallet SDK

Invalid Price Error Code

- HD Vault

Start HD Key Support

- Wallet UI

Account Tx Copy Confirmation

Insufficient Funds Validation

- Bugs

Activate and Deactivate Domains do not have user friendly error messages
Search domain should not be case sensitive

Create a subsequent account should take you into that new account

Please note: OneWallet v1.1.0 is still a work in progress and will not be released until the HD Wallet functionality is completed.


In the next sprint, we will continue our work on the HD Wallet, Multi-Tx Support for the Wallet's Account History, Fees and Multi-Sig.


https://www.oneledger.io/blog/development-update7

[OneLedger]

Hey Ledgerians,

Watch OneLedger's Director of Product, Aly Kassam, run you through the steps involved in coming up with new product functionalities.

Video: https://www.youtube.com/watch?v=tgMNAdEB46o

[OneLedger]

Development Update

https://www.oneledger.io/blog/development-update8



In this sprint, we focused on the HD Wallet and Fees.

The list of changes includes:

 

1. Protocol v0.11.4

Features

- Protocol:

Fees completed in Tx Layer

HD Wallet functionality for Node Owner completed

2. OneWallet v1.1.0

- HD Vault

Completed the generation and management of Ethereum and Bitcoin Addresses
- Ethereum SDK: 

Completed Web3JS Wrapper for making calls to Ethereum
- Wallet UI

Completed POC for Ethereum Sending Functionality
- Bugs

Insufficient Funds Error Message

Domain cannot be update when Block Height hasn't changed

Send OLT: Sending to yourself

Please note: OneWallet v1.1.0 is still a work in progress and will not be released until the HD Wallet functionality is completed.

 

In the next sprint, we will continue working on the HD Wallet, Incorporating fees into Bitcoin Transactions and Validator Staking.



https://www.oneledger.io/blog/development-update8

[OneLedger]

In today’s Sprint Demo session, our Full Stack Developer, Oleksandr Kovalov, showed a demo of the latest version of the #OneWallet. It’s coming soon ⏰




Next, it’s Alex Lan, explaining the logic we are integrating with regards to the validator set up.

[OneLedger]

https://www.oneledger.io/blog/development-update-9



In this sprint, we focused on the Wallet and connecting it to the HD Keys. In addition, we worked on some DevOps initiatives and the Lynx Engine.


The list of changes includes:

 
1. Protocol v0.11.6

Features

- Protocol

Lynx: BTC Lock OLT Fees

Genesis App State setup to include initial validator staking

- DevOps
Bootstrap initialization for Chronos Nodes
Define a plan to adopt Sentry for all Validator Nodes
2. OneWallet v2.0.0

On boarding account creation flow

SDK functionality for handling variations in account addresses

SDK functionality for Error Codes

Please note: OneWallet v2.0.0 is still a work in progress and will not be released until the HD Wallet functionality is completed.

 

In the next sprint, we will continue working on extending the HD Wallet components to include interoperability, and working on Lynx connectivity into Ethereum and complete Bitcoin finality checks.

[OneLedger]

In today’s Lunch and Learn session, our Full Stack Developer, Oleksandr Kovalov explains how Ethereum and it’s smart contracts work.

[OneLedger]

https://www.oneledger.io/blog/oneledger-blockchain-for-business

OneLedger - Empowers Enterprise Blockchain with Scalability and Interoperability



According to China Daily, on October 25, 2019, Xi Jinping, the general secretary of the Communist Party of China (CPC) Central Committee, spoke about the critical role of blockchain technology in the new round of technological innovation and

industrial transformation, urging more efforts to quicken development in the sector. China is taking an active stance on blockchain technology. This news comes at the right time, as many innovative projects are working towards mass adoption. One of such projects is OneLedger.
OneLedger, as the name suggests, is looking to create a suite of blockchain products under a single umbrella to make the process of mass adoption easier. Since it's early days, OneLedger has maintained its stance on solving interoperability by bridging the gap between numerous public and private blockchains.
OneWallet, another prominent product, is something to look out for. Currently under Beta, and being tested by approximately 100 testers, this product is sure to create excitement due to its simplistic design and modern feel. The wallet includes a unique cross-chain domain naming service called the OneLedger Naming Service, or simply ONS. This service maps a wallet address to a domain, meaning that the users now can transfer funds to a unique domain, instead of the complicated long addresses. By utilizing OneLedger's cross-chain compatibility, OneWallet users can send funds not only to OneLedger domains but also Ethereum, Bitcoin and several other blockchains, as the future implementations take place.
Lynx Engine is another product that falls under the OneLedger umbrella. Lynx connects data between public and private blockchains seamlessly. As blockchain becomes the main driving force in developing the next generation of Internet of Things (IoT), products such as Lynx, will play an essential role in minimizing the gap between blockchain believers and the rest.
Innovation is at the core of OneLedger. As more countries start embracing blockchain technology, the outdated software systems will eventually feel the burn and get replaced. Not only does blockchain improve reliability, security and privacy, it also offers other solutions such as data-sharing, optimizing business processes, reducing operational costs, increasing intracompany and inter-company coordination, and building credibility.
Enterprises looking to implement blockchain solutions can contact us through our website. We are happy to help!


https://www.oneledger.io/blog/oneledger-blockchain-for-business

[OneLedger]

https://www.oneledger.io/blog/meet-the-team-tanmay-bhattacharya

Meet the Team - Tanmay Bhattacharya




OneLedger adds another blockchain developer to the team. With mainnet launch just around the corner, we have decided to strengthen our protocol team.

Meet Tanmay Bhattacharya, the Senior Software Developer at OneLedger.


Tanmay has been in the tech space for over seven years now. Before joining OneLedger, he worked as a Research Scientist at Conduent. His work here included developing a blockchain platform using the Hyperledger consensus and Haskell as the programming language. This project also involved heavy use of hardware wallets for cryptography and security purposes. He also has prior experience of working as a consultant/developer for companies like Wells Fargo, Altisource Labs and Host Analytics. He has worked as an independent solutions expert for various large and small scale projects, primarily using Ethereum and NodeJS. He brings to the team a holistic view of the blockchain space and an ability to architect and engineer fast, scalable multi-user systems.

 

So, why did Tanmay join OneLedger? He said, "Presently there are are a lot of companies working in the blockchain space, but what makes OneLedger unique is its idea of interoperability, and its solutions. Soon decentralized systems would be the norm, and base layer protocols to help interact in between them would be in high demand. OneLedger is already trying to solve the problems of the future, in the present. This is what motivated me to join the company and be a part of an inspiring team."

 

Tanmay has been in the blockchain space since 2016. Being in the industry for over three years now, he understands how blockchain can shape the world and make this world a better place. At present, there are many data leaks taking place in different parts of the globe. According to him, "A decentralized internet would mean that you can share only the information that you feel comfortable with. This form of a technology upgrade can lead to a secure mode of communication."

 

Thoughts on Interoperability

It is always interesting to find out how the new team members feel about our company mission. An essential aspect of OneLedger's technology is interoperability, meaning how different blockchains connect and interact with each other.

 

Regarding interoperability, Tanmay mentioned, "Interoperability is the next big thing in the blockchain space. As blockchain-based systems start maturing and going into production, interoperability between them becomes even more critical. Cryptocurrencies aside, imagine a world where every company uses a blockchain layer to keep its data transparent with its customers. Interoperability becomes the most important thing here because you would want the blockchains to interact."

 

Tanmay's Role at OneLedger

Tanmay will be taking on challenges on the protocol side. As a Senior Software Developer, he is sure to be bombarded with lots of core tasks related to the OneLedger protocol. Tanmay has experience in Ethereum and Hyperledger, which is sure to help us with our interoperability use-cases in the future. Tanmay is also well-versed with Nanoledger devices and asymmetric cryptography, which will surely be helpful down the road.

 

When asked, what he likes to do in his free time, he added, " I am very passionate about Crossfit. For me, it is important to be in the right state of mind all the time. Other than that, I enjoy cooking and listening to classic rock. I live by the quote, 'One day your entire life will flash in front of your eyes, make sure it is worth watching.'

https://www.oneledger.io/blog/meet-the-team-tanmay-bhattacharya

[OneLedger]

Development Update

https://www.oneledger.io/blog/development-update-10



In this sprint, we focused on Ethereum Send and including Ethereum Account into the Wallet, as well as functionality in Lynx and the core Protocol.


The list of changes includes:

 

1. Protocol 0.12.0 Release

- Lynx:

Balance check and management of BTC  on OneLedger

Created a Solidity Smart Contract on Ethereum to support ERC-20 tokens

- Protocol Core

RPC Permissions and Access Token Management

- DevOps

Created a Logger for Full Nodes

2. OneWallet 2.0

SDK Utility Library for Error Codes

Ethereum Send Functionality with HD Wallet

HD Wallet: My Accounts Screen

Explorer DB Multiple  Tx Types

Please note: OneWallet v2.0.0 is still a work in progress and will not be released until the HD Wallet functionality is completed.

 

In the next sprint, we will continue working on extending the OneWallet 2.0 components to include interoperability, and working on Lynx connectivity into Ethereum and complete Bitcoin finality checks.

https://www.oneledger.io/blog/development-update-10