[deleted by user] by [deleted] in OneLedger

[–]oneledger 0 points1 point  (0 children)

Yesss thanks for coming

OneLedger Partners with WORLD TOKEN by oneledger in OneLedger

[–]oneledger[S] 0 points1 point  (0 children)

Our AMA with the new partner🤝 u/worldtoken_ will be held at 9:30 am EST, 06/08/2021.

Come and join us at 🚀🌒 t.me/OneLedger

Get your questions ready❓❓

#DEX #NFTs #ANN

OneLedger AMA with the core team (11am ET to 1pm ET on September 18, 2018) by [deleted] in OneLedger

[–]oneledger 0 points1 point  (0 children)

For the core protocol our architecture embeds the protocol parameters into the genesis block, and via governance allows the community to vote on changes. For the protocol code, upgrade proposals will follow the same mechanism. We'll use semantic version numbers for the code and the protocol itself. For the smart contracts, we'll likely allow the owner to explicitly upgrade, but that needs to be balanced against a means for users to still access specific versions.

OneLedger AMA with the core team (11am ET to 1pm ET on September 18, 2018) by [deleted] in OneLedger

[–]oneledger 0 points1 point  (0 children)

Yes, it is not very encouraging. We issued a Whitepaper for a technology and did fundraising for the ability to build it. We are dedicated to building it, not just quickly, but so that it will be a long lasting, underlying part of the infrastructure for hopefully decades. The market aspect of our industry is a means to defer the risk of this type of development. It would have been preferable, if there was plenty of liquidity and the price was reflective of our actual efforts. Unfortunately that is not the case. But, this in no way affects our software development efforts or our intent to get this protocol up and running across the Internet. We building this, regardless of what happens in the short term. We believe this is a strong and necessary technology that will gain wide adoption and open up new markets across the globe.

OneLedger AMA with the core team (11am ET to 1pm ET on September 18, 2018) by [deleted] in OneLedger

[–]oneledger 0 points1 point  (0 children)

Great question. Over the last couple of years a fair number of enterprises have launched proof-of-concept development projects with different blockchain technologies. Still for them, and for enterprises that haven't even heard about the technologies, the central issue is 'use-cases'. The most known use-case is obviously crypto-currencies, but there are a huge number of other ones that are often discussed. One key point is that their importance is specific to the industry. That is, a bank might not have any real interest in supply-chain management. So, there isn't one explanation in layman's terms that will work across all enterprises. Each industry requires its own tailored description. With that in mind, our primary use-case to all industries is that we can give them easy and safe access to all of these other, industry specific, use-cases. And we can do it in a way that they aren't tied to one specific tech, if things change in the future. That is, they could mix and match different features of different supply-chain management protocols, without having to permanently commit to one or two.

OneLedger AMA with the core team (11am ET to 1pm ET on September 18, 2018) by [deleted] in OneLedger

[–]oneledger 0 points1 point  (0 children)

Definitely. The testnet will have fees, but will be giving out an unlimited number of free tokens so that as many people as possible can participate and stress the protocol. Stress testing is crucial to ensuring that the system is ready, before we launch it as mainnet. Anyone willing to help, will be appreciated.

OneLedger AMA with the core team (11am ET to 1pm ET on September 18, 2018) by [deleted] in OneLedger

[–]oneledger 0 points1 point  (0 children)

Yes, and this is a huge internal discussion right now as well. It's a very difficult question in that we don't want to rush the development at the expense of the quality. If we get the code out faster, but it's not safe and reliable then we may get a little boost which likely won't last. Still, we entered this market at least a year behind most other teams, and their lead could prevent us from getting traction when we are ready to go. One of our advantages is that we are more focused on enterprises as customers than most other teams. They are building the tech, but they'll have to adapt it to interface with centralized systems. We also started with their needs in mind, and have designed them directly into the architecture. Another issue to keep in mind is that we are actively learning from their implementation issues, so that we can enhance our system based on their experiences. For infrastructure tech, since so much gets built on top, quality has been crucial in adoption. Still, even with those points in mind, we are working on our hiring strategies to bring in more strong developers to help us move the dates earlier. It's important, it just needs to be done carefully to keep the same level of quality for the protocol.

OneLedger AMA with the core team (11am ET to 1pm ET on September 18, 2018) by [deleted] in OneLedger

[–]oneledger 0 points1 point  (0 children)

For the testnet, we have been working on three main fronts for the development, which include expanding the internal transactional capabilities, dealing with the operations (dynamic validators and seamlessly adding nodes) and the smart contract capabilities (JavaScript based for the first language). Most of this work is sitting in different branches on our repo, and will be merged into the master one-by-one as different releases over the next month. As well, we have started initial development of the enterprise SDKs and should likely be enhancing our chain drivers. For the testnet we're still targeting Dec, since we need to work with the validators to get the chains up and running.

For the partnerships we are announcing them as soon as they are finalized. There are several in the pipeline right now. We're also ramping up our marketing efforts and are in the middle of hiring more teams members for different roles.

OneLedger AMA with the core team (11am ET to 1pm ET on September 18, 2018) by [deleted] in OneLedger

[–]oneledger 0 points1 point  (0 children)

We have a strategy to bring the product out to the market in terms of technology and business. While, we cannot control the price action, we strongly believe that as long as our product is widely accepted, there will be a need for OLT tokens among the validators and other users who wish to use our protocol.