Re: [ANN] ✨ OneLedger ✨ A Business Modularization Blockchain Protocol
We are excited to announce that Kucoin will be joining the OneLedger network as a Validator during the Kratos launch.
The details of the Kratos launch are given in the following blog: https://oneledger.io/blog/oneledger-mainnet-rollout
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🌟Update on BitTreasure🌟
Close to 18m OLT tokens have been locked up so far.
The event is open until April 22, 10am EDT.
Participate now to earn more OLT 🚀
Sign up here: https://btmx.com/#/finance/financeList
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OneWallet Public Launch takes place on May 11, 2020.
The OneWallet has a feature integrated called the OneLedger Naming Service (ONS). Users can utilize this service to buy, sell and manage domains. Read the blog to learn more!!
Blog: https://www.oneledger.io/blog/oneledger-naming-service
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Here are the winners of OneWallet Beta Testing. Congratulations!!
We would like to thank everyone who participated as a Beta tester and gave their valuable feedback 😊
To those who have won, please pm @sparmar9 to veriify your account and further instructions.
OneWallet Public Launch takes place on May 11, 2020 🔥
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OneWallet Public Launch takes place on May 11, 2020 🔥
In this video, our Director of Product, Aly Kassam, and our Full Stack Developer, Oleksandr Kovalov, guide you through the basics of Ledger wallet and how to use it to store and transfer your OLT tokens once its integrated by the Ledger team. Check it out!!
Video: https://www.youtube.com/watch?v=R592_mXohKI
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Meet Pavan Kappara, the Software Architect at OneLedger. In this video, Pavan shares his experience with OneLedger and the challenges involved in the blockchain industry. Check it out!!
Video: https://youtu.be/U_VEl2PUuMQ
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Hello Ledgerians,
We just launched the OneWallet Chronos (Testnet) version on the Google Chrome Web Store.
Please note, this is a Test version and do not send any ERC20 OLT to this address.
OneWallet Kainos (Mainnet) version will launch on May 11, 2020.
Blog: https://www.oneledger.io/blog/onewallet-is-live-on-chronos-network
Download now: https://bit.ly/OneWalletChronos
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https://www.oneledger.io/blog/onewallet-is-live-on-chronos-network
OneWallet is Live on Chronos (Testnet) Network
Hello Ledgerians,
Today, we have accomplished yet another milestone. The OneWallet Chronos (Testnet) Version is now available on Google Chrome Web Store for the public.
Please keep in mind that this version of OneWallet is a Testnet version currently hosted on the Chronos (Testnet) network. Please do not transfer any ERC20 OLT tokens to this version of OneWallet. This is strictly for testing purposes only.
The OneWallet Mainnet Version will be released on May 11, 2020.
The current OneWallet Testnet version supports almost all of the functionalities which will be available for the Mainnet version. You can use the wallet to buy/sell domains and transfer test tokens between Ethereum and the OneLedger network.
Click here to download the OneWallet Chronos Version.
Our next milestones are:
1. The Mainnet launch - April 30, 2020
2. OneWallet Mainnet Version release - May 11, 2020
3. Token Migration from ERC20 to OLT native tokens - May 11, 2020
Thank you for all your support. If you have any questions/feedback, feel free to reach out to us on Telegram.
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Hello Ledgerians,
The Token Swap will take place on May 11, 2020 and will be supported by CoinEx, Kucoin and BitMax.
All 3 exchanges are currently syncing with our Development team to perform the Mainnet token intergration within their exchanges. Once they have successfully finished this step, they will make an official announcement with all the details for the swap.
Thank you for your patience.
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https://www.oneledger.io/blog/oneledger-launches-kainos-mainnet
OneLedger launches Mainnet (Kainos)
The day has finally arrived. What started as a dream in 2018 is finally coming to fruition. In 2018, a small group of inspired individuals decided to create an interoperable blockchain which would one day perform transactions in a decentralized manner
without the need for intermediaries. After two years of blood, sweat and tears, today, our team has reached a stage where we can launch a truly interoperable blockchain in this industry.
The OneLedger Mainnet (Kainos) is now live. This is the start of a new era for enterprises and developers. Enterprises can start integrating the OneLedger blockchain solutions, and the Developers can start building Dapps on the OneLedger network.
Our Development team has been working around the clock since the company's inception, and we would like to extend a huge round of applause to them for building the Founder, David Cao's vision. A vision where traditional small to large businesses can easily connect with the decentralized world.
We are launching the following tools for our community as part of the Kainos launch:
OneExplorer
OneExplorer is a website where users can view transaction history, account balances, block information and transaction fee.
Click here to view the OneExplorer.
OneWallet
Official OneWallet release takes place on May 11, 2020. Through OneWallet, users can participate in OneLedger's unique Domain Management Services, use interoperability between Ethereum and OneLedger and store digital assets.
In future versions, OneWallet will be used as a one-stop-shop for all the consumer and business needs.
Watch the OneWallet demo videos:
Video 1: Create Account and Send Transaction
Video 2: Domain Management
Video 3: Interoperability
Next Step: Token Swap
As we have transitioned from the Ethereum to the OneLedger network, we will need to go through a Token Swap. For those of you who do not know, a token swap is a process of converting the digital assets from one network to another. This swap will convert your ERC20 OLT tokens to the native OLT tokens and will be supported by the three official exchanges, CoinEx, Kucoin and BitMax. Our development team is currently working on integrating the Kainos network with the exchanges. The exchanges will make an official announcement regarding the procedure once the integration is complete.
We want to thank our community for all the support we have received in our journey towards the Mainnet launch. We look forward to many years of blockchain development together!!
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https://www.oneledger.io/blog/introducing-oneledger-payments-solution-ol-pay
Introducing OneLedger Payments (OL Pay) Solution
OneLedgers Kainos launch allows us to forge forward into an era of Service and Application Development. The first of these services is a Payment Solution, allowing our partners to leverage our interoperable Blockchain solution through a widget on their website.
The OL Pay widget provides businesses with an opportunity to leverage all the currencies supported by the OneLedger Protocol. The solution will also provide complete settlement to fiat for businesses looking to provide additional payment options but do not wish to hold digital currencies.
OL Pay will first launch with Non-Profit organizations to help scale their donations to digital currencies, and allow them the ease of transfers into fiat currencies. Digital asset donations will be treated exactly as donations of financial assets (such as stocks and bonds). For financial assets, the value is determined once the asset is converted to fiat, that is where our solution will be most effective as OneLedger is working with a settlement partner, VirgoCX, to ensure fiat conversion happens in real-time. That way, the digital asset donation will retain the fiat value at the time of donation.
VirgoCX is a Canadian operated fiat to crypto digital asset exchange and will provide the liquidity required for the currencies supported by OneLedger and VirgoCX and convert them into fiat. OneLedger will support CAD and USD initially.
Global payments and remittances powered by digital assets are an inevitable trend. We have seen significant growth in the digital assets payment space and it will be integrated with more industries with wider adoptions of digital assets. Partnering with OneLedger allows VirgoCX payment business to service more merchants and digital asset holders globally. Said Adam Cai, CEO at VirgoCX.
Our goal for OL Pay is to get a strong footing with Non-Profits and then enter the eCommerce space, ensuring that the solution is streamlined and leverages OneLedgers interoperability offering. VirgoCX and our strategic Non-Profit partners provide the foundation we need to make OL Pay a success. Said Aly Kassam, Director of Product at OneLedger.
To kick off this project, OneLedger has strategically partnered with a couple of Canadian charities that are currently accepting cryptocurrencies, Project Give Back and Pathways to Education Canada.
We recognize that there are so many crypto users who are eager to express their charitable goals and OneLedger has provided a seamless platform for them to do so. By supporting Project Give Back, they are enabling thousands of children to learn about kindness and philanthropy and seeding a generation of empathic leaders of tomorrow, said Melanie Levcovich, the Chief of Operations at Project Give Back.
As early adopters in the space, Pathways is proud to have been the first Canadian charity to issue tax receipts for Bitcoin donations. With the support of OneLedger, were excited to explore new ways to connect with crypto users and provide the opportunity to make meaningful change in the lives of youth living in low-income communities across the country, said Jason Shim, Director of Digital Strategy & Transformation, Pathways to Education Canada.
In addition, each of the Non-Profit Partners and our Settlement Partner will be provided with Domain Name in our OneLedger Domain Naming Service. The Domain Name will serve as a URL to send funds on the OneLedger Network and in the future, will be directed to their Business Page in the OneWallet. Stay tuned for enhancements to the OneWallet, OneLedger Naming Service (ONS) and Business Verification Services.
OneLedger is actively recruiting other NGOs to partner with. If you are an NGO looking to work with digital assets, please connect with us here.
-----------------
About OneLedger
Enterprise blockchains operating in silos require a bridge to connect the data flow from one blockchain to another. OneLedger bridges that gap, transferring data seamlessly. Our universal protocol allows for integration with any blockchain, giving Smart Contracts deployed on OneLedger the ability to directly access any chain connected to the network. OneLedger bridges private and public blockchains with centralized databases, making it truly unique to the needs of enterprises.
OneLedger Business Solutions
OneLedger Consumer Products
OneWallet
About VirgoCX
VirgoCX, a Toronto-based regulated fiat-to-crypto exchange that aims to provide the best-in-class digital asset and stable coins trading experience in Canada. Retail and institutional investors can benefit from one of the lowest trading costs in the industry, high order book liquidity and institutional-grade custodianship, along with 24/7 customer service. As a registered entity (Money Service Business), VirgoCXs institutional-grade custodianship minimizes the counter-party and settlement risks concerning digital asset investors.
About Project Give Back
Project Give Back is a premier provider of compassion and leadership education for elementary students. Project Give Back began in 2007 through the inspiration of its founder and community advocate, Ellen Schwartz.
For over a decade, this unique grassroots project has grown and expanded and is a highly regarded educational program in schools. Her vision and mission of giving has empowered thousands of children, along with their families and local communities.
Project Give Back inspires young minds to develop meaningful relationships with their community and become global-minded citizens. The program ignites a spark and students of today become the leaders of tomorrow who make a positive impact on the lives of others. The Project Give Back symbol, a boomerang, represents the inner joy we feel when we throw kindness out into the world.
About Pathways to Education Canada
Pathways to Education is a national, charitable organization breaking the cycle of poverty through education. Its award-winning program is creating positive social change by supporting youth living in low-income communities to overcome barriers to education, graduate from high school, and build the foundation for a successful future. Through the collective power of partnerships, Pathways to Educations innovative program is equipping youth with the skills they need to succeed in the modern workplace.
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You can use the #OneWallet to manage accounts on all the blockchains supported by the #OneLedger network.
OneWallet Kainos version launches on May 11, 2020. Download from the #Chrome Web Store.
3 days to go⏰
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Important update for $OLT Token Swap. Please read and reach out to us on Telegram if you have any questions.
The exchanges are aiming for a swap sometime next week and they will make an announcement soon.
Blog: https://www.oneledger.io/blog/token-swap-faq
Token Swap FAQ
Hello Ledgerians,
We want to provide you with an update for the Token Swap. We have been continuously communicating with the three exchanges: BitMax, Kucoin and CoinEx.
All the three exchanges will provide an update in the coming days regarding the Token Swap for their specific exchange. After they announce, we will notify our community via all our social channels and the newsletter.
The exchanges are still aiming to start the swap process sometime next week.
We have noticed some questions regarding the Token Swap, and we would like to address it.
1. Is there a deadline for the swap?
Ans. There is no fixed deadline for the swap at the moment (we will announce and give adequate time if a deadline is implemented in the future). The exchanges will frequently trade their ERC20 tokens with the mainnet tokens from the OneLedger team at the backend. The user will not notice this, as this arrangement is between the exchanges and the OneLedger team. The users do not need to worry about anything related to the swap. It is a very straight-forward process.
2. How do I swap the tokens?
Ans. After the exchanges announce with the specific steps and date, all you would need to do is deposit your ERC20 tokens to an Exchange of your choice (BitMax, Kucoin or CoinEx), and then withdraw it. When you withdraw these tokens, they will be the Mainnet OLT tokens, as the swap would have already taken place at the backend.
3. How do I differentiate between the ERC20 and Mainnet OLT tokens?
Ans. The ERC20 OLT tokens can only be deposited/withdrawn from an address starting with 0x
The Mainnet OLT tokens can only be deposited/withdrawn from an address starting with 0lt
Please keep this in mind when depositing or withdrawing OLT tokens from the respective network.
If you have any questions/concerns related to the Token Swap, feel free to reach out to our team on our Telegram channel. We are happy to help!!
Note: Please do not send tokens to anyone pretending to be from the OneLedger team. We have recently become aware of many scammers pretending to be from the OneLedger team and asking for tokens. Stay safe!!
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You can use the OneWallet to buy your favourite Domains on the OneLedger network.
OneWallet Kainos version launches on May 11, 2020. Download from the Chrome Web Store.
2 days to go 🚀
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Get ready to use the interoperability feature between Ethereum and OneLedger within the OneWallet.
OneWallet Kainos version launches on May 11, 2020. Download from the Chrome Web Store.
1 day to go 🚀
$OLT $ETH
---------------------------------------------
Hello, Ledgerians. Please see the details from CoinEx for the $OLT Token Swap.
Blog: https://announcement.coinex.com/hc/en-us/articles/360042906592-ERC-20-OLT-Withdrawal-Closed-Permanently
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Hello, Ledgerians. Please see the details from Kucoin for the $OLT Token Swap.
Blog: https://www.kucoin.com/news/en-kucoin-will-start-the-oneledger-mainnet-token-swap
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Hello, Ledgerians. Please see the details from BitMax for the $OLT Token Swap.
Blog: https://bitmaxhelp.zendesk.com/hc/en-us/articles/360047487774-Announcement-on-Supporting-OneLedger-OLT-Token-Swap
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Hello Ledgerians,
We just launched the OneWallet Kainos version on the Google Chrome Web Store.
Blog: https://www.oneledger.io/blog/onewallet-is-now-live
Download now: https://bit.ly/OneWallet
OneWallet is now Live.
Hello Ledgerians,
The moment you were waiting for is finally here. The OneLedger team has officially released the OneWallet on the Kainos Mainnet for the public.
The OneWallet is currently available on the Chrome Web Store. https://chrome.google.com/webstore/detail/onewallet-kainos-mainnet/bbmdccojdbpcpmoadenplnoncfcijgkn
OneWallet is the first of many products we are releasing to the blockchain community with an intention to bring in crypto mass adoption through our wallet as we integrate more features in the future.
Let's run you through some of the features of the OneWallet:
1. Manage Blockchain Accounts
Through OneWallet, you can manage accounts of all the blockchains supported by the OneLedger network. The wallet currently supports Ethereum and OneLedger with an aim to integrate support for more public and private blockchains in the future.
You can use OneWallet's "Send" functionality to send digital currency from your Ethereum and OneLedger accounts.
https://www.youtube.com/watch?v=vdKtFhL1Kco&t=166s
2. Interoperability
Through OneWallet, you can use OneLedger's interoperability to transfer cryptocurrencies from one network to another. Since OneLedger currently supports interoperability between Ethereum and OneLedger, users can transfer ETH between the Ethereum and OneLedger accounts.
https://www.youtube.com/watch?v=fOmTsSaH3pE&t=185s
Please note: The ETH Redeem Transfer, which moves ETH from OneLedger to Ethereum network, has been temporarily disabled to maintain network security.
3. OneLedger Naming Service (ONS)
Another key feature included within the OneWallet is our unique OneLedger Naming Service (ONS). You can use this feature to Buy, Sell and Manage all your domains on the OneLedger network.
The ONS allows the community to move away from complicated hexadecimal account addresses to a user friendly naming convention.
The fees gained from the purchase/selling of any domains will be distributed amongst the validators on the network.
To learn more about ONS, click here.
https://www.youtube.com/watch?v=QG4XWxAh5bc&t=172s
We hope you have a pleasant experience using our wallet. If you have any questions, please reach out to us on Telegram. We are happy to help!!
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Hello Ledgerians,
Kucoin has successfully completed the OneLedger Token Swap.
Announcement: https://www.kucoin.com/news/en-token-swap-of-olt-complete
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Kainos (Mainnet) is now available on the Google Cloud Platform. Get started now!!
Click here: https://console.cloud.google.com/marketplace/details/chronos-225820/oneledger-mainnet-kainos-node?q=oneledger%20kainos%20mainnet%20full%20node&id=089656f4-5edb-4c56-8628-9b1839f5b1ba
--------------------------------
Hello Ledgerians,
The Developers have completed another sprint. Here is the biweekly Dev update.
Blog: https://www.oneledger.io/blog/development-update-18-0
Development Update
In this sprint, we concentrated on completing all the Protocol Security Audit Bugs and being Feature Complete for the OneWallet 2.0.
The list of changes include:
Protocol and Kainos Network Config
- Core Protocol
Kainos ETH config Set up
Code Cleanup
Ethereum Witness Set up
Remove Validator Command in CLI
Create Witness Store
Dump Trackers into Genesis file with new "0lt" Prefix
Create the ability to Add and Remove Validators while Network is running
Updated Tendermint to V0.33.3
Test Mandatory Restart conditions for Tendermint
Add Password Policy
Implemented initialization command to create Genesis File
Kainos Load Testing
- DevOps
Deployed Kainos
SPIKE: To test if Explorer can Listen for Validators
Implemented Listener for Validator and Witness
Deployed Explorer UI for Kainos
Log Rotation
Explorer DB Backups for Kainos and Chronos
Chronos Monitoring
Kainos Monitoring
OneWallet 2.0
Add ERC20 Token Warning to Wallet
Ledger Connect Coming Soon Screen
Add "0lt" Prefix
Add Password Policy
Changed icon set for Kainos and Chronos Wallet versions
Map Domain to Website URL
Account History UI Layout Change
Changed Layout of My Domains
- Bugs
Fixed PDF Download
Fixed Send to Domain phishing attack
OneExplorer
Create Chain ID for OneLedger Restarts
Added Chain ID to Account History
Altered RPC Commands to query Account History ordered by Chain ID
Updated Explorer to Support Tendermint v 0.33.3
SDK
Updated SDK to handle "0lt" prefix
SDK Load Testing
In the next sprint, we will continue working on Governance, Account History fixes for Domain Management, Infrastructure Operational Scripts and Staking.
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Hey Ledgerians,
Have you downloaded the OneWallet yet?
If not, here is the link to download and store your Mainnet OLT in a secure way: https://chrome.google.com/webstore/detail/onewallet-kainos-mainnet/bbmdccojdbpcpmoadenplnoncfcijgkn
If you are a seller looking to sell a domain or a buyer looking to buy a domain, message in our official Telegram channel, and you might find a great price for your domain through this peer-peer domain service 😄
---------------------------------
Hey Ledgerians,
BitMax has successfully finished the Mainnet OLT integration and is ready for the Token Swap.
Please see the message below from BitMax:
BitMax.io has completed OneLedger (OLT) mainnet upgrade and token swap. OLT deposit & withdrawal have been resumed with support for both ERC20 OLT and Mainnet OLT deposit. BitMax will only support withdrawal of mainnet OLT tokens.
Sorry for any potential inconvenience.
BitMax.io Team
May 29th, 2020
-------------------------------------
Hello Ledgerians,
The Developers have completed another sprint. Please check the blog below for the latest update.
Blog: https://www.oneledger.io/blog/development-update-19
Development Update
In this sprint, we concentrated on completing all the Protocol Security Audit Bugs and being Feature Complete for the OneWallet 2.0.
The list of changes include:
Protocol and Kainos Network Config
- Core Protocol
Governance Framework for creating a proposal
Fix and retest ETH Redeem
Fix Domain Query for On Sale Domains by Beneficiary
- DevOps
Infrastructure Cleanup
Create Docker Image for Kainos Full Node for GCP
Scripts for Restarting Nodes
OneWallet 2.0
Transfer Screen: Add Account Balances
Account History: Redeem now shows both Ethereum Internal and External Transactions
Completed Transaction was not using the new prefix of "0lt"
Account History should display the Value for Domain Create, Update, Sell and Buy Tx
- Bugs
OneWallet Loading Screen Freezing fix
Account History: Send OLT and Send ETH should be negative
SDK
Multi-node testing
Fix Account History issues for Domain and Redeem Values
OneExplorer
Added ETH Total Balance checks
Add Chain ID to queries for Account History
Integrate Monitoring Tool with Validator and Witness Node Listener
Capture Lists of Validators that vote on a block
- Bugs
Fix Account History Query for Domains Create, Update, Sell and Buy to show the Value
Fix Query for Redeem Transaction to show the correct Value
In the next sprint, for the Protocol we will continue working on Governance, Finish Testing Redeem ETH functionality. On the OneWallet and SDK side, we will complete the Subdomains, Expire and Renew Functionality and add Pagination to Account History. We are also starting to update the OneExplorer to catch up with the Kainos release.
Our development team has recently transitioned to a six-week release cycle in order to test and include more functionalities for every release. And therefore, moving forward, the development update will be issued every six weeks along with the code release.
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Hello Ledgerians,
Our team will perform maintainance on the OneLedger network on June 3, 2020 at 3pm ET. The entire process should take approximately 4 hours.
The transactions will not go through during the maintainance period.
We apologize for any inconvenience this may cause.
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The maintainance on the mainnet is now complete. The transactions will now resume.
Thank you for your patience.
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Hey Ledgerians,
Join us for a Telegram AMA on Thursday, June 11, 2020, at 11am ET.
Get your questions ready❓❓
We hope to see you there 😊
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Participate in the ".ol Domain Contest" now.
1. Edit your Twitter bio according to the contest rules
2. Like, comment & retweet this post after you have followed all the instructions in the blog
3. Your rewards will be sent to your Domain 😄
Contest Instructions: https://www.oneledger.io/blog/ol-domain-contest
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We recently updated the OneWallet. Please update your wallet via Google Chrome Web Store to enjoy it's latest features if it did not already auto-update.
Blog: https://www.oneledger.io/blog/onewallet-update-v2.2
Download OneWallet now: https://bit.ly/OneWallet1
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Kratos Launch Plan
Hello Ledgerians,
The clock is ticking. Things are moving in the right direction. After launching Kainos successfully in April, it is now time to proceed towards the next phase of our Mainnet update, Kratos. Kratos extends the OneWallet
capabilities to include the much-anticipated features of the OneLedger project, Staking and Governance.
We are aware that the Ledgerians are very excited to get their hands on Staking and Governance and join the OneLedger consensus. Keeping this in mind, we would like to involve our community throughout the development of the Kratos phase. We welcome the community to participate in testing features on the Chronos Testnet network and provide us with feedback, with an overall target of launching the full functionality of the Kratos Mainnet on or before August 31, 2020.
We will work according to the following plan:
Post this release, the Validators can start staking their tokens to receive Block Rewards. OneLedger has reserved 25% (i.e. 250,000,000) of the total supply for Block Rewards. Details about the entire mechanism can be found in the Tokenomics paper.
The Block Rewards will be distributed as follows:
The number of tokens distributed amongst the validators will depend on the number of Validators in the network and the total percentage of Tokens staked by each validator. For interested individuals, we will release the Validator Registration Form soon with further instructions. We will also release a Validator Rewards Calculator in the next update of OneWallet. Users will be able to calculate their earnings through this application.
Thank you for all your support. If you have any questions, feel free to reach out to us on our Telegram channels.
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OneLedger AMA - Recap
Hello Ledgerians,
Let's start with the positive news first. We established a timeline for the next major update of the OneLedger Mainnet, Kratos. Click here to read the details.
The OneLedger team held an AMA on June 11, 2020. This AMA was hosted by David Cao (Founder) and Aly Kassam (Director of Product). It was a very busy AMA, and the community surely did keep the team on it's toes. We had lots of exciting conversations back and forth.
We would like to thank everyone who participated in this AMA. There is lots more to come from us as we head into the adoption phase of our products.
Lets give you a brief recap of the AMA:
Q) You are releasing a lot of features like the OL pay, DNS on OneWallet etc but the major issue is marketing. If you don't market your products, nobody will know about it hence why the price is tanking. What exactly are the team's marketing plans going forward?
Aly: For marketing, since the COVID has hit us, we have had to make amendments to our plans. We are starting to approach universities and other avenues to bring in more developers. We want to build our product with a strong focus on our community after the Kratos launch. We are also concentrating on Marketing significantly more this year. We're currently speaking with marketing consultants and agencies that will help significantly with our marketing strategy. In the meantime, we are doing a few twitter contests to create Wallet Adoption, and adoption of features like domain management and transferring ETH to our network.
Q) Hi, how much runway do you have?
David: The current runway is good enough to launch the product and support for a couple of years.
Q) Are you planning to hire more developers? Also are you planning to open offices in different countries?
Aly: Our focus for the latter part of 2020 is on Marketing and BusDev, we are not increasing the number of developers at the moment. Yes, when the opportunity arises we definitely will open in different countries, we are primarily looking in the Asian Markets. In fact, we are engaging with BusDev in Asia and Africa.
Q) Will there be an android app release? Many people want to store their investments safe on a smartphone.
Aly: We are currently focusing on Kratos Launch and creating applications on top of the OneLedger Network. Our Chrome Extension is built in Electron, which allows us to be multi-platform, and we will be moving to more of a REACT framework, once we do that we will be set up for Mobile applications. So at the moment, the Mobile Wallet would be a 2021 initiative.
Q) There are so many projects in the market with interoperability, scalable and so on. How is OLT able to outperform the other?
Aly: We're not built on top of an Ethereum fork and our platform is built for speed and scale. We produced 4000+ TPS in our Load Testing, which is 100 to 200x that of Ethereum. Also our Interoperability is at the Protocol Level, which is the lowest level you can have interop at. This allows us to build services that use Interoperability and allows Developers to leverage those services without worrying about how our interoperability works.
Q) What are the special features of OneLedger blockchain? and does it better than the traditional business protocols? How can you assure security to those businesses?
Aly: OneLedger blockchain is primarily a DPoS blockchain. Our TPS is way above other chains. We provide a complete customizable transaction layer, which gives you more control over traditional smart contracts. Above all, we are focussing a lot on usability and innovation. If you see, we already have a Domain Naming Service in our wallet, and we have a lot of plans to make it more business-centered. From the security perspective, our wallet is completely decentralized. We don't store any keys or accounts on blockchain and everything is totally localized to your devices.
Q) I know you guys are partnered with Adastra. How is your partnership going so far with Adastra?
Aly: With Adastra we are in several talks with implementations for government projects, but as you can imagine a lot of that slowed down during COVID. We are validating if there is a potential for voting and voter registration systems. We built our governance module with this architecture in mind.
Q) Customer service is an essential part of growing an ecosystem. In a survey conducted online, people said they would use a service if the support was super responsive, how do you rate your SUPPORT when handling issues of users?
Aly: We strongly believe that keeping our customers happy is the most important aspect in order to succeed as a company. Our CMs are present in our TG group 24x7 to ensure that our current customers are treated well. In the future, once we have enterprise projects running, we will set up a worldwide customer service team to be available 24x7 and keep our clients happy.
Q) First, I want to thank the team and congratulate all for the project and the efforts made until here on this project. I believe a lot in this project.
For me, the best project in this space.
I did my own research about blockchain projects and I found $OLT this year (im new to this space, about 10 months). After doing my research, I have no doubt that $OLT is one of the best, if not the best, projects I have found in this space. So, I'm very glad to join this AMA.
My question is:
Which specific about technology and strategy of #OLT makes you believe it will be successful and what does #OLT plan to do to attract more users in the upcoming time?
David: We are so happy to have people like you researching and supporting us. You guys give a lot of new enthusiasm and fresh energy. From the technology side, we are keeping our eyes open to all the developments happening in the blockchain world. We are making all the efforts to make our chain the best in terms of scalability and usability. Every week, we sit and brainstorm all the new ideas that can increase adoption of OLT. After Kratos, the entire focus will be on developing Applications (We mean the real game changing applications) that can make us truly steps ahead and above other chains in the business.
Q) Where can you see OneLedger months from now?
Aly: Our vision has always been the gateway for businesses. The way we see that pan out in the public chain is by creating e-commerce opportunities for businesses on our chain and facilitating them through our interoperability. So consumers can bring different types of supported tokens on to our network and be able to utilize them through eCommerce and charitable donations. We find that 90% of digital currency in exchanges is not being traded and it's being held in hopes of a bull market. We want to provide other avenues for digital currency usage. On the B2B side, we will always be actively searching for new opportunities to implement blockchain systems, we are still approaching the supply chain use cases now in the Retail and Automotive sectors as they are taking a massive hit during COVID. Product transparency can be a huge differentiator for luxury brand retail, as we have seen LVMH invest in Blockchain tech as of late, and digital currencies also open up the market to the younger generation for these retailers.
Q) What unique features does OneLedeger have and others don't? And why should I invest in your project, how is the safety of your ledger?
Aly: We have Domain Management, we're fully interoperable, we are building the capability for OL Pay which starts with charities being able to receive donations through our payments infrastructure and moves into eCommerce. Our scale and speed are unparalleled and we will continue to build more apps on top of our network. We have completed security audits on our network and applications and our wallet is fully decentralized, see the attached video where I explain the wallet decentralization.
Q) How many OLT swapped from Ethereum to native OLT token and how many OLT wallets were created? Also when the team will add some features in explorer? I want to see this information in detail like Etherscan.
Aly: About 28% of the Total Token Supply. Etherscan has had about 4-5 years worth of development, we are adding features and functionality to the OneExplorer. But we are concentrating on things that are relevant to our network. We are always open to suggestions on what features are required. If you notice in our Kratos Launch plan, there is a OneExplorer update coming with some additional features.
-------------------------------------------
Watch this video to learn more about How to restore your OneWallet.
OneWallet is completely decentralized and no information is stored on our servers.
Experience the true power of decentralization now.
Video: https://youtu.be/PrrHVttm2a8
Download OneWallet: https://bit.ly/OneWallet1
-------------------------------------------
Hey Ledgerians. Our team is looking for feedback to build our future products.
We would appreciate it if you could fill out the feedback form to the best of your knowledge.
Thank you 🙂
Form: https://bit.ly/OLTCommunityFeedback
-------------------------------------------
Participate to receive $ETH 🎁
1. Register your Subdomain on #OneWallet
2. Like & retweet the post after you have followed all the instructions in the blog
3. Your rewards will be sent to your Domain 🙂
Contest instructions: https://www.oneledger.io/blog/register-subdomain-and-get-eth
Download OneWallet: https://bit.ly/OneWallet1
-------------------------------------------
Hey Ledgerians,
It doesnt happen often that CZ asks for projects to be shilled. Now that he has asked for it, let us join forces to show him the true strength of our community 💪
Comment on his status with $OLT and WHY it should be listed on Binance.
Lets get started 🚀
Tweet: https://twitter.com/cz_binance/status/1277273890830479361?s=21
The details of the Kratos launch are given in the following blog: https://oneledger.io/blog/oneledger-mainnet-rollout
-------------------------------
🌟Update on BitTreasure🌟
Close to 18m OLT tokens have been locked up so far.
The event is open until April 22, 10am EDT.
Participate now to earn more OLT 🚀
Sign up here: https://btmx.com/#/finance/financeList
--------------------------------
OneWallet Public Launch takes place on May 11, 2020.
The OneWallet has a feature integrated called the OneLedger Naming Service (ONS). Users can utilize this service to buy, sell and manage domains. Read the blog to learn more!!
Blog: https://www.oneledger.io/blog/oneledger-naming-service
---------------------------------
Here are the winners of OneWallet Beta Testing. Congratulations!!
We would like to thank everyone who participated as a Beta tester and gave their valuable feedback 😊
To those who have won, please pm @sparmar9 to veriify your account and further instructions.
OneWallet Public Launch takes place on May 11, 2020 🔥
---------------------------------------
OneWallet Public Launch takes place on May 11, 2020 🔥
In this video, our Director of Product, Aly Kassam, and our Full Stack Developer, Oleksandr Kovalov, guide you through the basics of Ledger wallet and how to use it to store and transfer your OLT tokens once its integrated by the Ledger team. Check it out!!
Video: https://www.youtube.com/watch?v=R592_mXohKI
----------------------------------------
Meet Pavan Kappara, the Software Architect at OneLedger. In this video, Pavan shares his experience with OneLedger and the challenges involved in the blockchain industry. Check it out!!
Video: https://youtu.be/U_VEl2PUuMQ
----------------------------------------
Hello Ledgerians,
We just launched the OneWallet Chronos (Testnet) version on the Google Chrome Web Store.
Please note, this is a Test version and do not send any ERC20 OLT to this address.
OneWallet Kainos (Mainnet) version will launch on May 11, 2020.
Blog: https://www.oneledger.io/blog/onewallet-is-live-on-chronos-network
Download now: https://bit.ly/OneWalletChronos
---------------------------------------------
https://www.oneledger.io/blog/onewallet-is-live-on-chronos-network
OneWallet is Live on Chronos (Testnet) Network
Hello Ledgerians,
Today, we have accomplished yet another milestone. The OneWallet Chronos (Testnet) Version is now available on Google Chrome Web Store for the public.
Please keep in mind that this version of OneWallet is a Testnet version currently hosted on the Chronos (Testnet) network. Please do not transfer any ERC20 OLT tokens to this version of OneWallet. This is strictly for testing purposes only.
The OneWallet Mainnet Version will be released on May 11, 2020.
The current OneWallet Testnet version supports almost all of the functionalities which will be available for the Mainnet version. You can use the wallet to buy/sell domains and transfer test tokens between Ethereum and the OneLedger network.
Click here to download the OneWallet Chronos Version.
Our next milestones are:
1. The Mainnet launch - April 30, 2020
2. OneWallet Mainnet Version release - May 11, 2020
3. Token Migration from ERC20 to OLT native tokens - May 11, 2020
Thank you for all your support. If you have any questions/feedback, feel free to reach out to us on Telegram.
--------------------------------------------
Hello Ledgerians,
The Token Swap will take place on May 11, 2020 and will be supported by CoinEx, Kucoin and BitMax.
All 3 exchanges are currently syncing with our Development team to perform the Mainnet token intergration within their exchanges. Once they have successfully finished this step, they will make an official announcement with all the details for the swap.
Thank you for your patience.
--------------------------------------------
https://www.oneledger.io/blog/oneledger-launches-kainos-mainnet
OneLedger launches Mainnet (Kainos)
The day has finally arrived. What started as a dream in 2018 is finally coming to fruition. In 2018, a small group of inspired individuals decided to create an interoperable blockchain which would one day perform transactions in a decentralized manner
without the need for intermediaries. After two years of blood, sweat and tears, today, our team has reached a stage where we can launch a truly interoperable blockchain in this industry.
The OneLedger Mainnet (Kainos) is now live. This is the start of a new era for enterprises and developers. Enterprises can start integrating the OneLedger blockchain solutions, and the Developers can start building Dapps on the OneLedger network.
Our Development team has been working around the clock since the company's inception, and we would like to extend a huge round of applause to them for building the Founder, David Cao's vision. A vision where traditional small to large businesses can easily connect with the decentralized world.
We are launching the following tools for our community as part of the Kainos launch:
OneExplorer
OneExplorer is a website where users can view transaction history, account balances, block information and transaction fee.
Click here to view the OneExplorer.
OneWallet
Official OneWallet release takes place on May 11, 2020. Through OneWallet, users can participate in OneLedger's unique Domain Management Services, use interoperability between Ethereum and OneLedger and store digital assets.
In future versions, OneWallet will be used as a one-stop-shop for all the consumer and business needs.
Watch the OneWallet demo videos:
Video 1: Create Account and Send Transaction
Video 2: Domain Management
Video 3: Interoperability
Next Step: Token Swap
As we have transitioned from the Ethereum to the OneLedger network, we will need to go through a Token Swap. For those of you who do not know, a token swap is a process of converting the digital assets from one network to another. This swap will convert your ERC20 OLT tokens to the native OLT tokens and will be supported by the three official exchanges, CoinEx, Kucoin and BitMax. Our development team is currently working on integrating the Kainos network with the exchanges. The exchanges will make an official announcement regarding the procedure once the integration is complete.
We want to thank our community for all the support we have received in our journey towards the Mainnet launch. We look forward to many years of blockchain development together!!
-------------------------------------------------
https://www.oneledger.io/blog/introducing-oneledger-payments-solution-ol-pay
Introducing OneLedger Payments (OL Pay) Solution
OneLedgers Kainos launch allows us to forge forward into an era of Service and Application Development. The first of these services is a Payment Solution, allowing our partners to leverage our interoperable Blockchain solution through a widget on their website.
The OL Pay widget provides businesses with an opportunity to leverage all the currencies supported by the OneLedger Protocol. The solution will also provide complete settlement to fiat for businesses looking to provide additional payment options but do not wish to hold digital currencies.
OL Pay will first launch with Non-Profit organizations to help scale their donations to digital currencies, and allow them the ease of transfers into fiat currencies. Digital asset donations will be treated exactly as donations of financial assets (such as stocks and bonds). For financial assets, the value is determined once the asset is converted to fiat, that is where our solution will be most effective as OneLedger is working with a settlement partner, VirgoCX, to ensure fiat conversion happens in real-time. That way, the digital asset donation will retain the fiat value at the time of donation.
VirgoCX is a Canadian operated fiat to crypto digital asset exchange and will provide the liquidity required for the currencies supported by OneLedger and VirgoCX and convert them into fiat. OneLedger will support CAD and USD initially.
Global payments and remittances powered by digital assets are an inevitable trend. We have seen significant growth in the digital assets payment space and it will be integrated with more industries with wider adoptions of digital assets. Partnering with OneLedger allows VirgoCX payment business to service more merchants and digital asset holders globally. Said Adam Cai, CEO at VirgoCX.
Our goal for OL Pay is to get a strong footing with Non-Profits and then enter the eCommerce space, ensuring that the solution is streamlined and leverages OneLedgers interoperability offering. VirgoCX and our strategic Non-Profit partners provide the foundation we need to make OL Pay a success. Said Aly Kassam, Director of Product at OneLedger.
To kick off this project, OneLedger has strategically partnered with a couple of Canadian charities that are currently accepting cryptocurrencies, Project Give Back and Pathways to Education Canada.
We recognize that there are so many crypto users who are eager to express their charitable goals and OneLedger has provided a seamless platform for them to do so. By supporting Project Give Back, they are enabling thousands of children to learn about kindness and philanthropy and seeding a generation of empathic leaders of tomorrow, said Melanie Levcovich, the Chief of Operations at Project Give Back.
As early adopters in the space, Pathways is proud to have been the first Canadian charity to issue tax receipts for Bitcoin donations. With the support of OneLedger, were excited to explore new ways to connect with crypto users and provide the opportunity to make meaningful change in the lives of youth living in low-income communities across the country, said Jason Shim, Director of Digital Strategy & Transformation, Pathways to Education Canada.
In addition, each of the Non-Profit Partners and our Settlement Partner will be provided with Domain Name in our OneLedger Domain Naming Service. The Domain Name will serve as a URL to send funds on the OneLedger Network and in the future, will be directed to their Business Page in the OneWallet. Stay tuned for enhancements to the OneWallet, OneLedger Naming Service (ONS) and Business Verification Services.
OneLedger is actively recruiting other NGOs to partner with. If you are an NGO looking to work with digital assets, please connect with us here.
-----------------
About OneLedger
Enterprise blockchains operating in silos require a bridge to connect the data flow from one blockchain to another. OneLedger bridges that gap, transferring data seamlessly. Our universal protocol allows for integration with any blockchain, giving Smart Contracts deployed on OneLedger the ability to directly access any chain connected to the network. OneLedger bridges private and public blockchains with centralized databases, making it truly unique to the needs of enterprises.
OneLedger Business Solutions
OneLedger Consumer Products
OneWallet
About VirgoCX
VirgoCX, a Toronto-based regulated fiat-to-crypto exchange that aims to provide the best-in-class digital asset and stable coins trading experience in Canada. Retail and institutional investors can benefit from one of the lowest trading costs in the industry, high order book liquidity and institutional-grade custodianship, along with 24/7 customer service. As a registered entity (Money Service Business), VirgoCXs institutional-grade custodianship minimizes the counter-party and settlement risks concerning digital asset investors.
About Project Give Back
Project Give Back is a premier provider of compassion and leadership education for elementary students. Project Give Back began in 2007 through the inspiration of its founder and community advocate, Ellen Schwartz.
For over a decade, this unique grassroots project has grown and expanded and is a highly regarded educational program in schools. Her vision and mission of giving has empowered thousands of children, along with their families and local communities.
Project Give Back inspires young minds to develop meaningful relationships with their community and become global-minded citizens. The program ignites a spark and students of today become the leaders of tomorrow who make a positive impact on the lives of others. The Project Give Back symbol, a boomerang, represents the inner joy we feel when we throw kindness out into the world.
About Pathways to Education Canada
Pathways to Education is a national, charitable organization breaking the cycle of poverty through education. Its award-winning program is creating positive social change by supporting youth living in low-income communities to overcome barriers to education, graduate from high school, and build the foundation for a successful future. Through the collective power of partnerships, Pathways to Educations innovative program is equipping youth with the skills they need to succeed in the modern workplace.
--------------------------------------------
You can use the #OneWallet to manage accounts on all the blockchains supported by the #OneLedger network.
OneWallet Kainos version launches on May 11, 2020. Download from the #Chrome Web Store.
3 days to go⏰
----------------------------------------------
Important update for $OLT Token Swap. Please read and reach out to us on Telegram if you have any questions.
The exchanges are aiming for a swap sometime next week and they will make an announcement soon.
Blog: https://www.oneledger.io/blog/token-swap-faq
Token Swap FAQ
Hello Ledgerians,
We want to provide you with an update for the Token Swap. We have been continuously communicating with the three exchanges: BitMax, Kucoin and CoinEx.
All the three exchanges will provide an update in the coming days regarding the Token Swap for their specific exchange. After they announce, we will notify our community via all our social channels and the newsletter.
The exchanges are still aiming to start the swap process sometime next week.
We have noticed some questions regarding the Token Swap, and we would like to address it.
1. Is there a deadline for the swap?
Ans. There is no fixed deadline for the swap at the moment (we will announce and give adequate time if a deadline is implemented in the future). The exchanges will frequently trade their ERC20 tokens with the mainnet tokens from the OneLedger team at the backend. The user will not notice this, as this arrangement is between the exchanges and the OneLedger team. The users do not need to worry about anything related to the swap. It is a very straight-forward process.
2. How do I swap the tokens?
Ans. After the exchanges announce with the specific steps and date, all you would need to do is deposit your ERC20 tokens to an Exchange of your choice (BitMax, Kucoin or CoinEx), and then withdraw it. When you withdraw these tokens, they will be the Mainnet OLT tokens, as the swap would have already taken place at the backend.
3. How do I differentiate between the ERC20 and Mainnet OLT tokens?
Ans. The ERC20 OLT tokens can only be deposited/withdrawn from an address starting with 0x
The Mainnet OLT tokens can only be deposited/withdrawn from an address starting with 0lt
Please keep this in mind when depositing or withdrawing OLT tokens from the respective network.
If you have any questions/concerns related to the Token Swap, feel free to reach out to our team on our Telegram channel. We are happy to help!!
Note: Please do not send tokens to anyone pretending to be from the OneLedger team. We have recently become aware of many scammers pretending to be from the OneLedger team and asking for tokens. Stay safe!!
---------------------------------------
You can use the OneWallet to buy your favourite Domains on the OneLedger network.
OneWallet Kainos version launches on May 11, 2020. Download from the Chrome Web Store.
2 days to go 🚀
-------------------------------------------
Get ready to use the interoperability feature between Ethereum and OneLedger within the OneWallet.
OneWallet Kainos version launches on May 11, 2020. Download from the Chrome Web Store.
1 day to go 🚀
$OLT $ETH
---------------------------------------------
Hello, Ledgerians. Please see the details from CoinEx for the $OLT Token Swap.
Blog: https://announcement.coinex.com/hc/en-us/articles/360042906592-ERC-20-OLT-Withdrawal-Closed-Permanently
-------------------------------------------------
Hello, Ledgerians. Please see the details from Kucoin for the $OLT Token Swap.
Blog: https://www.kucoin.com/news/en-kucoin-will-start-the-oneledger-mainnet-token-swap
-------------------------------------------------
Hello, Ledgerians. Please see the details from BitMax for the $OLT Token Swap.
Blog: https://bitmaxhelp.zendesk.com/hc/en-us/articles/360047487774-Announcement-on-Supporting-OneLedger-OLT-Token-Swap
--------------------------------------------------
Hello Ledgerians,
We just launched the OneWallet Kainos version on the Google Chrome Web Store.
Blog: https://www.oneledger.io/blog/onewallet-is-now-live
Download now: https://bit.ly/OneWallet
OneWallet is now Live.
Hello Ledgerians,
The moment you were waiting for is finally here. The OneLedger team has officially released the OneWallet on the Kainos Mainnet for the public.
The OneWallet is currently available on the Chrome Web Store. https://chrome.google.com/webstore/detail/onewallet-kainos-mainnet/bbmdccojdbpcpmoadenplnoncfcijgkn
OneWallet is the first of many products we are releasing to the blockchain community with an intention to bring in crypto mass adoption through our wallet as we integrate more features in the future.
Let's run you through some of the features of the OneWallet:
1. Manage Blockchain Accounts
Through OneWallet, you can manage accounts of all the blockchains supported by the OneLedger network. The wallet currently supports Ethereum and OneLedger with an aim to integrate support for more public and private blockchains in the future.
You can use OneWallet's "Send" functionality to send digital currency from your Ethereum and OneLedger accounts.
https://www.youtube.com/watch?v=vdKtFhL1Kco&t=166s
2. Interoperability
Through OneWallet, you can use OneLedger's interoperability to transfer cryptocurrencies from one network to another. Since OneLedger currently supports interoperability between Ethereum and OneLedger, users can transfer ETH between the Ethereum and OneLedger accounts.
https://www.youtube.com/watch?v=fOmTsSaH3pE&t=185s
Please note: The ETH Redeem Transfer, which moves ETH from OneLedger to Ethereum network, has been temporarily disabled to maintain network security.
3. OneLedger Naming Service (ONS)
Another key feature included within the OneWallet is our unique OneLedger Naming Service (ONS). You can use this feature to Buy, Sell and Manage all your domains on the OneLedger network.
The ONS allows the community to move away from complicated hexadecimal account addresses to a user friendly naming convention.
The fees gained from the purchase/selling of any domains will be distributed amongst the validators on the network.
To learn more about ONS, click here.
https://www.youtube.com/watch?v=QG4XWxAh5bc&t=172s
We hope you have a pleasant experience using our wallet. If you have any questions, please reach out to us on Telegram. We are happy to help!!
--------------------------------------------
Hello Ledgerians,
Kucoin has successfully completed the OneLedger Token Swap.
Announcement: https://www.kucoin.com/news/en-token-swap-of-olt-complete
--------------------------------------------
Kainos (Mainnet) is now available on the Google Cloud Platform. Get started now!!
Click here: https://console.cloud.google.com/marketplace/details/chronos-225820/oneledger-mainnet-kainos-node?q=oneledger%20kainos%20mainnet%20full%20node&id=089656f4-5edb-4c56-8628-9b1839f5b1ba
--------------------------------
Hello Ledgerians,
The Developers have completed another sprint. Here is the biweekly Dev update.
Blog: https://www.oneledger.io/blog/development-update-18-0
Development Update
In this sprint, we concentrated on completing all the Protocol Security Audit Bugs and being Feature Complete for the OneWallet 2.0.
The list of changes include:
Protocol and Kainos Network Config
- Core Protocol
Kainos ETH config Set up
Code Cleanup
Ethereum Witness Set up
Remove Validator Command in CLI
Create Witness Store
Dump Trackers into Genesis file with new "0lt" Prefix
Create the ability to Add and Remove Validators while Network is running
Updated Tendermint to V0.33.3
Test Mandatory Restart conditions for Tendermint
Add Password Policy
Implemented initialization command to create Genesis File
Kainos Load Testing
- DevOps
Deployed Kainos
SPIKE: To test if Explorer can Listen for Validators
Implemented Listener for Validator and Witness
Deployed Explorer UI for Kainos
Log Rotation
Explorer DB Backups for Kainos and Chronos
Chronos Monitoring
Kainos Monitoring
OneWallet 2.0
Add ERC20 Token Warning to Wallet
Ledger Connect Coming Soon Screen
Add "0lt" Prefix
Add Password Policy
Changed icon set for Kainos and Chronos Wallet versions
Map Domain to Website URL
Account History UI Layout Change
Changed Layout of My Domains
- Bugs
Fixed PDF Download
Fixed Send to Domain phishing attack
OneExplorer
Create Chain ID for OneLedger Restarts
Added Chain ID to Account History
Altered RPC Commands to query Account History ordered by Chain ID
Updated Explorer to Support Tendermint v 0.33.3
SDK
Updated SDK to handle "0lt" prefix
SDK Load Testing
In the next sprint, we will continue working on Governance, Account History fixes for Domain Management, Infrastructure Operational Scripts and Staking.
----------------------------------------------
Hey Ledgerians,
Have you downloaded the OneWallet yet?
If not, here is the link to download and store your Mainnet OLT in a secure way: https://chrome.google.com/webstore/detail/onewallet-kainos-mainnet/bbmdccojdbpcpmoadenplnoncfcijgkn
If you are a seller looking to sell a domain or a buyer looking to buy a domain, message in our official Telegram channel, and you might find a great price for your domain through this peer-peer domain service 😄
---------------------------------
Hey Ledgerians,
BitMax has successfully finished the Mainnet OLT integration and is ready for the Token Swap.
Please see the message below from BitMax:
BitMax.io has completed OneLedger (OLT) mainnet upgrade and token swap. OLT deposit & withdrawal have been resumed with support for both ERC20 OLT and Mainnet OLT deposit. BitMax will only support withdrawal of mainnet OLT tokens.
Sorry for any potential inconvenience.
BitMax.io Team
May 29th, 2020
-------------------------------------
Hello Ledgerians,
The Developers have completed another sprint. Please check the blog below for the latest update.
Blog: https://www.oneledger.io/blog/development-update-19
Development Update
In this sprint, we concentrated on completing all the Protocol Security Audit Bugs and being Feature Complete for the OneWallet 2.0.
The list of changes include:
Protocol and Kainos Network Config
- Core Protocol
Governance Framework for creating a proposal
Fix and retest ETH Redeem
Fix Domain Query for On Sale Domains by Beneficiary
- DevOps
Infrastructure Cleanup
Create Docker Image for Kainos Full Node for GCP
Scripts for Restarting Nodes
OneWallet 2.0
Transfer Screen: Add Account Balances
Account History: Redeem now shows both Ethereum Internal and External Transactions
Completed Transaction was not using the new prefix of "0lt"
Account History should display the Value for Domain Create, Update, Sell and Buy Tx
- Bugs
OneWallet Loading Screen Freezing fix
Account History: Send OLT and Send ETH should be negative
SDK
Multi-node testing
Fix Account History issues for Domain and Redeem Values
OneExplorer
Added ETH Total Balance checks
Add Chain ID to queries for Account History
Integrate Monitoring Tool with Validator and Witness Node Listener
Capture Lists of Validators that vote on a block
- Bugs
Fix Account History Query for Domains Create, Update, Sell and Buy to show the Value
Fix Query for Redeem Transaction to show the correct Value
In the next sprint, for the Protocol we will continue working on Governance, Finish Testing Redeem ETH functionality. On the OneWallet and SDK side, we will complete the Subdomains, Expire and Renew Functionality and add Pagination to Account History. We are also starting to update the OneExplorer to catch up with the Kainos release.
Our development team has recently transitioned to a six-week release cycle in order to test and include more functionalities for every release. And therefore, moving forward, the development update will be issued every six weeks along with the code release.
-------------------------------------------
Hello Ledgerians,
Our team will perform maintainance on the OneLedger network on June 3, 2020 at 3pm ET. The entire process should take approximately 4 hours.
The transactions will not go through during the maintainance period.
We apologize for any inconvenience this may cause.
-------------------------------------------
The maintainance on the mainnet is now complete. The transactions will now resume.
Thank you for your patience.
-------------------------------------------
Hey Ledgerians,
Join us for a Telegram AMA on Thursday, June 11, 2020, at 11am ET.
Get your questions ready❓❓
We hope to see you there 😊
-------------------------------------------
Participate in the ".ol Domain Contest" now.
1. Edit your Twitter bio according to the contest rules
2. Like, comment & retweet this post after you have followed all the instructions in the blog
3. Your rewards will be sent to your Domain 😄
Contest Instructions: https://www.oneledger.io/blog/ol-domain-contest
-------------------------------------------
We recently updated the OneWallet. Please update your wallet via Google Chrome Web Store to enjoy it's latest features if it did not already auto-update.
Blog: https://www.oneledger.io/blog/onewallet-update-v2.2
Download OneWallet now: https://bit.ly/OneWallet1
-------------------------------------------
Kratos Launch Plan
Hello Ledgerians,
The clock is ticking. Things are moving in the right direction. After launching Kainos successfully in April, it is now time to proceed towards the next phase of our Mainnet update, Kratos. Kratos extends the OneWallet
capabilities to include the much-anticipated features of the OneLedger project, Staking and Governance.
We are aware that the Ledgerians are very excited to get their hands on Staking and Governance and join the OneLedger consensus. Keeping this in mind, we would like to involve our community throughout the development of the Kratos phase. We welcome the community to participate in testing features on the Chronos Testnet network and provide us with feedback, with an overall target of launching the full functionality of the Kratos Mainnet on or before August 31, 2020.
We will work according to the following plan:
Post this release, the Validators can start staking their tokens to receive Block Rewards. OneLedger has reserved 25% (i.e. 250,000,000) of the total supply for Block Rewards. Details about the entire mechanism can be found in the Tokenomics paper.
The Block Rewards will be distributed as follows:
The number of tokens distributed amongst the validators will depend on the number of Validators in the network and the total percentage of Tokens staked by each validator. For interested individuals, we will release the Validator Registration Form soon with further instructions. We will also release a Validator Rewards Calculator in the next update of OneWallet. Users will be able to calculate their earnings through this application.
Thank you for all your support. If you have any questions, feel free to reach out to us on our Telegram channels.
-------------------------------------------
OneLedger AMA - Recap
Hello Ledgerians,
Let's start with the positive news first. We established a timeline for the next major update of the OneLedger Mainnet, Kratos. Click here to read the details.
The OneLedger team held an AMA on June 11, 2020. This AMA was hosted by David Cao (Founder) and Aly Kassam (Director of Product). It was a very busy AMA, and the community surely did keep the team on it's toes. We had lots of exciting conversations back and forth.
We would like to thank everyone who participated in this AMA. There is lots more to come from us as we head into the adoption phase of our products.
Lets give you a brief recap of the AMA:
Q) You are releasing a lot of features like the OL pay, DNS on OneWallet etc but the major issue is marketing. If you don't market your products, nobody will know about it hence why the price is tanking. What exactly are the team's marketing plans going forward?
Aly: For marketing, since the COVID has hit us, we have had to make amendments to our plans. We are starting to approach universities and other avenues to bring in more developers. We want to build our product with a strong focus on our community after the Kratos launch. We are also concentrating on Marketing significantly more this year. We're currently speaking with marketing consultants and agencies that will help significantly with our marketing strategy. In the meantime, we are doing a few twitter contests to create Wallet Adoption, and adoption of features like domain management and transferring ETH to our network.
Q) Hi, how much runway do you have?
David: The current runway is good enough to launch the product and support for a couple of years.
Q) Are you planning to hire more developers? Also are you planning to open offices in different countries?
Aly: Our focus for the latter part of 2020 is on Marketing and BusDev, we are not increasing the number of developers at the moment. Yes, when the opportunity arises we definitely will open in different countries, we are primarily looking in the Asian Markets. In fact, we are engaging with BusDev in Asia and Africa.
Q) Will there be an android app release? Many people want to store their investments safe on a smartphone.
Aly: We are currently focusing on Kratos Launch and creating applications on top of the OneLedger Network. Our Chrome Extension is built in Electron, which allows us to be multi-platform, and we will be moving to more of a REACT framework, once we do that we will be set up for Mobile applications. So at the moment, the Mobile Wallet would be a 2021 initiative.
Q) There are so many projects in the market with interoperability, scalable and so on. How is OLT able to outperform the other?
Aly: We're not built on top of an Ethereum fork and our platform is built for speed and scale. We produced 4000+ TPS in our Load Testing, which is 100 to 200x that of Ethereum. Also our Interoperability is at the Protocol Level, which is the lowest level you can have interop at. This allows us to build services that use Interoperability and allows Developers to leverage those services without worrying about how our interoperability works.
Q) What are the special features of OneLedger blockchain? and does it better than the traditional business protocols? How can you assure security to those businesses?
Aly: OneLedger blockchain is primarily a DPoS blockchain. Our TPS is way above other chains. We provide a complete customizable transaction layer, which gives you more control over traditional smart contracts. Above all, we are focussing a lot on usability and innovation. If you see, we already have a Domain Naming Service in our wallet, and we have a lot of plans to make it more business-centered. From the security perspective, our wallet is completely decentralized. We don't store any keys or accounts on blockchain and everything is totally localized to your devices.
Q) I know you guys are partnered with Adastra. How is your partnership going so far with Adastra?
Aly: With Adastra we are in several talks with implementations for government projects, but as you can imagine a lot of that slowed down during COVID. We are validating if there is a potential for voting and voter registration systems. We built our governance module with this architecture in mind.
Q) Customer service is an essential part of growing an ecosystem. In a survey conducted online, people said they would use a service if the support was super responsive, how do you rate your SUPPORT when handling issues of users?
Aly: We strongly believe that keeping our customers happy is the most important aspect in order to succeed as a company. Our CMs are present in our TG group 24x7 to ensure that our current customers are treated well. In the future, once we have enterprise projects running, we will set up a worldwide customer service team to be available 24x7 and keep our clients happy.
Q) First, I want to thank the team and congratulate all for the project and the efforts made until here on this project. I believe a lot in this project.
For me, the best project in this space.
I did my own research about blockchain projects and I found $OLT this year (im new to this space, about 10 months). After doing my research, I have no doubt that $OLT is one of the best, if not the best, projects I have found in this space. So, I'm very glad to join this AMA.
My question is:
Which specific about technology and strategy of #OLT makes you believe it will be successful and what does #OLT plan to do to attract more users in the upcoming time?
David: We are so happy to have people like you researching and supporting us. You guys give a lot of new enthusiasm and fresh energy. From the technology side, we are keeping our eyes open to all the developments happening in the blockchain world. We are making all the efforts to make our chain the best in terms of scalability and usability. Every week, we sit and brainstorm all the new ideas that can increase adoption of OLT. After Kratos, the entire focus will be on developing Applications (We mean the real game changing applications) that can make us truly steps ahead and above other chains in the business.
Q) Where can you see OneLedger months from now?
Aly: Our vision has always been the gateway for businesses. The way we see that pan out in the public chain is by creating e-commerce opportunities for businesses on our chain and facilitating them through our interoperability. So consumers can bring different types of supported tokens on to our network and be able to utilize them through eCommerce and charitable donations. We find that 90% of digital currency in exchanges is not being traded and it's being held in hopes of a bull market. We want to provide other avenues for digital currency usage. On the B2B side, we will always be actively searching for new opportunities to implement blockchain systems, we are still approaching the supply chain use cases now in the Retail and Automotive sectors as they are taking a massive hit during COVID. Product transparency can be a huge differentiator for luxury brand retail, as we have seen LVMH invest in Blockchain tech as of late, and digital currencies also open up the market to the younger generation for these retailers.
Q) What unique features does OneLedeger have and others don't? And why should I invest in your project, how is the safety of your ledger?
Aly: We have Domain Management, we're fully interoperable, we are building the capability for OL Pay which starts with charities being able to receive donations through our payments infrastructure and moves into eCommerce. Our scale and speed are unparalleled and we will continue to build more apps on top of our network. We have completed security audits on our network and applications and our wallet is fully decentralized, see the attached video where I explain the wallet decentralization.
Q) How many OLT swapped from Ethereum to native OLT token and how many OLT wallets were created? Also when the team will add some features in explorer? I want to see this information in detail like Etherscan.
Aly: About 28% of the Total Token Supply. Etherscan has had about 4-5 years worth of development, we are adding features and functionality to the OneExplorer. But we are concentrating on things that are relevant to our network. We are always open to suggestions on what features are required. If you notice in our Kratos Launch plan, there is a OneExplorer update coming with some additional features.
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Watch this video to learn more about How to restore your OneWallet.
OneWallet is completely decentralized and no information is stored on our servers.
Experience the true power of decentralization now.
Video: https://youtu.be/PrrHVttm2a8
Download OneWallet: https://bit.ly/OneWallet1
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Hey Ledgerians. Our team is looking for feedback to build our future products.
We would appreciate it if you could fill out the feedback form to the best of your knowledge.
Thank you 🙂
Form: https://bit.ly/OLTCommunityFeedback
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Participate to receive $ETH 🎁
1. Register your Subdomain on #OneWallet
2. Like & retweet the post after you have followed all the instructions in the blog
3. Your rewards will be sent to your Domain 🙂
Contest instructions: https://www.oneledger.io/blog/register-subdomain-and-get-eth
Download OneWallet: https://bit.ly/OneWallet1
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Hey Ledgerians,
It doesnt happen often that CZ asks for projects to be shilled. Now that he has asked for it, let us join forces to show him the true strength of our community 💪
Comment on his status with $OLT and WHY it should be listed on Binance.
Lets get started 🚀
Tweet: https://twitter.com/cz_binance/status/1277273890830479361?s=21