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OneLedger (OLT) is a blockchain-based platform designed to simplify businesses’ adoption of blockchain technology. Its goal is to provide a platform where multiple blockchains can interact with each other through the platform’s chain, which replicates an application on multiple machines using delegated proof-of-stake (DPoS). This ensures faster communication between multiple blockchains with lower transaction fees. The platform also helps businesses create custom blockchain solutions, allowing them to integrate their applications and products seamlessly.

OneLedger has developed a platform that is compatible with the Ethereum ecosystem, but with faster and cheaper transactions, as well as greater stability. The DPoS feature used in the protocol ensures high efficiency, with up to four thousand transactions per second (TPS). The smart contracts used in the protocol run on low data across the network, ensuring low transaction fees. Smart contracts on OneLedger are protocols on the blockchain that function like regular contracts.

The platform also invites developers to create decentralized apps (Dapps) using OneLedger’s virtual machine. OLT is the native token of the platform, complying with ERC-20 token standards. It is utilized by users to pay network fees within the platform. Users can trade OLT tokens from other token holders or become a node to acquire tokens themselves. Developers must have OLT tokens to deploy their modules to the platform. They submit their module and OLT tokens to the marketplace, and the most relevant module receives 25 percent of the tokens reserved for the community.

OneLedger was founded in 2017 by David Cao, who had over ten years of architecture experience and had previously worked on various technical projects for several enterprises. The platform has a total supply of 1,000,000,000 OLT.

In summary, OneLedger is a blockchain platform that simplifies businesses’ adoption of blockchain technology. It offers fast and cost-effective transactions, greater stability, and smart contracts that run on low data, making it an excellent option for developers seeking to create Dapps. With OLT as the native token, users can pay network fees within the platform or become nodes to acquire tokens.