Combining the DAG with the jury consensus, it breaks through the technical limits of traditional blockchains both in storage and computing.
PalletOne aims to establish a complete smart contract ecosystem that allows developers, users, and "miners" to gain incentive or pay.
DApp (Decentralized Application) can be deployed on various chains at the same time and is not limited by the underlying chain.
users do not need to write any code when issuing a token, but only need to configure the relevant parameters
Using zero knowledge proof to provide enhanced privacy
Coin refined from Bitcoin
A cryptocurrency featuring smart contract
Most widely used cryptocurrency
A cryptocurrency featuring zero transaction fee
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.
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.
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.
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.
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.
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.
· 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.
vChain (internal project) Con-cept born
Release illustration about vC-hain
Update vChain-compat-openssl.spec
Develop vChain explorer
Modify vChain EVM from Eth-ereum EVM
Decouple oracle module from vChain
Release vChain v1.2
Concept of PalletOne born
Release PalletOne White Pa-per
Release PalletOne Yellow P-aper
PalletOne Development and Open Source
Publish Bitcoin-supported PalletOne Protocol
Publish Ethereum-supported PalletOne Protocol
PalletOne TestNet online
PalletOne MainNet online
Connect to more blockchains
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.
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.
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.