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Ha Noi
1 Level
128 Review
34.25 Karma

Review on OneLedger by phuong cong

Revainrating 3 out of 5

What is OneLedger (OLT)? Pros and cons of it

OneLedger (OLT) belongs to the Blockchain Protocol type. They are an interoperable Blockchain protocol, built for the corporate customer class.
OneLedger provides Blockchain protocol based on PBFT consensus mechanism (Practical Byzantine Fault Tolerant). This facilitates interaction with both Public Blockchain and Private Blockchain.
Lynx Engine technology allows swap between chains within OneLedger Protocol ....
OLT is a Utility Token within the network of OneLedger standard ERC20, after the mainnet will have its own wallet.



Pros
  • Business interaction solution for businesses with Blockchain or want to build a chain
Cons
  • The idea is basically good, but businesses have more ways to interact instead of using their technology
  • I haven't seen any kind of potential customers for projects other than business companies, they need to use their technology in other areas more appropriately.
  • KuCoin is the only exchange I am comfortable with when they list their tokens, so far there are no plans to list their tokens on larger exchanges.