Review on OneLedger by Nikolay Sadonin
It features a well-defined economy for its own coin.
OneLedger is a cross-chain agnostic protocol that focuses on mechanical integrity to increase the functionality, privacy, uniqueness, and interoperability of its blockchain and other sidechains.
The performance of this blockchain is more remarkable and scalable as a result of the realistic method, while the infrastructure design allows for consensus on both the OneLedger blockchain and the linked sidechains, allowing communication.
The project's ultimate goal is to create an ecosystem in which small companies and corporations may construct their own blockchains using the tools and codebase given, allowing them to operate more efficiently. Aside from the competitive benefits, there are several disadvantages to this endeavor.
Pros
- Big companies can simply transition to the model.
- Data exchange has shown to be scalable, simple, and dependable.
- It is an excellent protocol on which to construct DApps.
- To facilitate the nature of enterprises, transparency and traceability can be activated.
Cons
- The concept is similar to that of many other projects on the market
- The project appears to be backward.
