16
Advertise Your Stuff / Re: Could OneLedger (OLT) Be One Of The Most Undervalued Cryptos Right Now?
« on: December 13, 2021, 05:01:06 PM »
The OneLedger team will make major announcements tomorrow.
This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.
Check out our new blog post on how much will it cost to build and run #dApps on $OLT compared to #ETH
$3,380,500 VS $6
Which protocol would you use? find out
http://blog.oneledger.io/builddapps
Protocol and product update
Our version of the DeFi future is driven by smart contracts - Smart Contracts: The whole point of having a system not controlled by a third party but by codes is induced by smart contracts. Smart contracts are automatically executed when certain stated conditions are met without the help of any external body. To this end we want to announce our launch of the OLVM in two weeks.
OLVM launch in two weeks.
We are currently earning revenue from our development work on smart contracts, particularly in the real estate NFT space.
Having our own VM will afford us the opportunity to run those smart contracts on our platform, as well as hosting smart contracts from any other developer.
Public networks like ours operate in a silo to maintain the consensus that underpins the security and accuracy of a shared ledger, only miners who meticulously follow the rules of each network are allowed to verify and write transactions to the blockchain. As you are aware, our system is incredibly effective. However, in the near future we see the siloed nature of blockchains is stunting DeFi progress, locking DeFi users into a single network when the blockchain space as a whole offers a world of functionality and opportunities.
With our OLVM being a catalyst for new decentralized finance applications (dapps), it’s more important than ever for us to create an ecosystem for independent blockchains to “communicate” with another.
Next step - Bridge
While comprehensive cross-chain infrastructure solutions are gaining popularity, many users simply want to move digital assets from one chain to another and use dapps and other services more efficiently.
This is where we see our bridge making a difference. We are working to simplify the process. I am happy to announce that two weeks after we launch our OLVM, we will establish our own Bridge.
Bridge Launch - 2 weeks after OLVM launch.
Blockchain bridges enable interoperability between vastly different networks. This interoperability could include the transfer of tokens, data, and even smart contract instructions between independent platforms, allowing users to:
Deploy digital assets hosted on one blockchain to dapps on another
Conduct fast, low-cost transactions of tokens hosted on otherwise less scalable chains
Execute dapps across more than one platform
Ours will be a decentralized bridge that helps ensure the security and openness of DeFi protocols.
OneSwap
Oneswap once complete will be a game changer. We are revamping our mainnet, adding OLVM, adding the Bridge - with the massive hacks that we have seen recently - we are being extremely cautious and have engaged one of the best DeFi audit teams on the planet to test and validate all of our functionality and security protocols.
This audit process is ongoing. It is painstaking and exacting and we are embracing it to ensure the final product is best in class.
We want to simplify the movement of digital assets with our bridge. We also want to increase yields and rewards through smart contract driven farming and staking options, where the smart contracts do the work and everyone benefits with a higher APY.