Vision

Capacity

Combining the DAG with the jury consensus, it breaks through the technical limits of traditional blockchains both in storage and computing.

Ecosystem

PalletOne aims to establish a complete smart contract ecosystem that allows developers, users, and "miners" to gain incentive or pay.

Universality

DApp (Decentralized Application) can be deployed on various chains at the same time and is not limited by the underlying chain.

Token Model

users do not need to write any code when issuing a token, but only need to configure the relevant parameters

Zcash

Using zero knowledge proof to provide enhanced privacy

Litecoin

Coin refined from Bitcoin

Ethereum

A cryptocurrency featuring smart contract

Bitcoin

Most widely used cryptocurrency

IOTA

A cryptocurrency featuring zero transaction fee

Application Scenarios

Cross-chain Payment

Users in the Bitcoin network want to enjoy the fun of playing Crypto Kitties in Ethereum. The most feasible solution is to convert certain BTC to ETH through complex operations on Cryptocurrency exchange with high fees. The user can use PalletOne to pay for the cost directly using BTC, thus avoiding complex currency exchange operations.

Support for Multiple Payment Types on Dapps

When users use DApps built on PalletOne, the payment method is more flexible and free: both through PalletOne Token and You can choose BTC, ETH, or even random combination of several ways.

Finacial Instrument

PalletOne is the best platform to share their investment strategies. And users can create their own ETFs. The token in PalletOne is highly flexible. Any user can use the token tool to design a token with mutlti-coins ,stocks and bonds. And more, PalletOne provides a comprehensive set of at-risk definitions and warrants that can accomplish this and ensure security.

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PalletOne Technology Advantages

Multi-Chain

PalletOne smart contracts support multi-chain. Through the Jury consensus and adaptation layer, PalletOne smart contracts can run on different blockchains at the same time. PalletOne smart contract can interact with different blockchains at the same time, so users can trade tokens from different blockchains in one PalletOne contract invocation to make the inter-chain token exchange distributed, atomic, and immutable.

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Multi-Task

The verification, execution, etc. of the PalletOne smart contract can be done by the Jury specifically created for it. The Jury is composed of a group of jurors at random selected from the candidate jurors randomly. Smart contracts in PalletOne can be implemented by selecting different juries in a multi-tasking manner. Compared with the whole-network consensus approach, PalletOne network congestion will be effectively reduced.

Security

PalletOne's security is reflected in two aspects, one is the security of development, and the other is the security of contract execution. When a user develops a corresponding scene contract, he/she only needs to call a standard contract and complete DAPP development in a few steps. PalletOne VM can provide a safe and efficient sandbox operating environment for smart contracts.

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Multi-Language & Multi-Platform

· DApp developers of PalletOne can develop smart contracts using mainstream development languages without having to learn a new contract development language.

· PalletOne VM is completely decoupled from the underlying operation system, which allow PalletOne smart contract adapt to windows, Linux, Mac as well as other types of platform.

Timeline
  • 2015 Oct

    vChain (internal project) Con-cept born

  • 2016 Apr

    Release illustration about vC-hain

  • 2016 Nov

    Update vChain-compat-openssl.spec

  • 2017 Feb

    Develop vChain explorer

  • 2017 May

    Modify vChain EVM from Eth-ereum EVM

  • 2017 June

    Decouple oracle module from vChain

  • 2017 Sep

    Release vChain v1.2

  • 2017 Sep

    Concept of PalletOne born

  • 2018 Mar

    Release PalletOne White Pa-per

  • 2018 May

    Release PalletOne Yellow P-aper

  • 2018 Q2

    PalletOne Development and Open Source

  • 2018 Q3

    Publish Bitcoin-supported PalletOne Protocol

  • 2018 Q3

    Publish Ethereum-supported PalletOne Protocol

  • 2018 Q4

    PalletOne TestNet online

  • 2019 Q2

    PalletOne MainNet online

  • 2019 Q3

    Connect to more blockchains

Investment Funds
Frequently Asked Questions

Differences with other inter-chain solution?

Most recent solutions deal with blockchain interoperability by building one trustable adapter for each pair of chains. One popular adapter can be the inter-chain that consists of fully replicated nodes running the same consensus protocol. In comparison, PalletOne bridges one chain with others through a decoupled, lightweight, and meta-level smart contract layer. The consensus is reached among the Jurors selected before the contract execution. Jurors responsible for execution have the contract states.

Which blockchain does PalletOne support?

Many new blockchains are forked from Bitcoin and Ethereum. We are starting with Bitcoin and Ethereum, and then move to other popular blockchains as soon as possible. We encourage community developers to contribute to the bridge with other chains.

What do you mean by decoupling contract?

Decoupling Contract means that the contract execution is decoupled from the blockchain beneath and is done at PalletOne level. After execution, contract states are stored in the Jury and/or the blockchain beneath.

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