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ONECHAIN

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Published: 09 May 2018 › Updated: 09 May 2018ONECHAIN

ONECHAIN

By 2017, many cryptographic events have occurred, including good and bad cryptocurrency encryption, but overall, has become a global investment channel. But as you can see, the biggest market risk today comes from its security.

OneChain storage wallet and future cryptocurrency.

To clarify the problem, we will first look at the disadvantages of the current storage system encountered:

  • The offline wallet appears to be secure, but to use, you need to go through many initial setup steps and not have to go through the migration process.
  • Online wallets are always vulnerable to attack by hackers and the speed of transactions is not high, accompanied by expensive fees.
  • Hard wallet is very useful but the main risk comes from the physical impact on the storage device itself.

And to reconcile all these elements, OneChain created its own storage platform, as its archive currently supports more than 700+ different tokens, creating a medium environment. With many separate encryption steps, it will be the safest basis for your property. And since they use their own middleware, transaction speed will no longer depend on the underlying platform, which makes the transaction faster (around 20,000 Peak Transactions per Second (TPS)). Take BTC as an example:

When you talk to BTC in OnceChain's wallet, the first system generates a double signature (other than the BTC signature platform) to store BTC assets, then OneChain Gateway distributes one property in common. BTC for this user, on OneChain system, the property owner will use ONE.BTC to transact, when the end user when to withdraw money, OneChain port automatically transfer BTC from multi-user wallet and OneChain port will release the corresponding ONE. BTC property.

That's not all, on the OneChain platform there are two concepts that accompany it: OneGood and OneBad - two balances of the user authentication system, when the user is rated as good - Of course, they will be given OneGood, in opposite directions but the bad guy will be bundled with OneBad. And when someone with a mass of OneBad is too high, they have the ability to blacklist, all users on the system will always be warned when confronted with these bad guys. When this activity is recorded in blockchain, fake reputation will be detected easily.

Inseparable, good man:

The project development teams with years of experience in the crypto sector as well as related areas such as service, security, economy and advertising services are focused on shared ideals, which will ensure potential projects.

Founder: Huang Huarong

Developer

senior Huobi senior technical manager

Initial participants in bitshares

AIDU investors and technical consultants

With 20 years of R & D experience and management, it has extensive experience in natural language processing, mobile social networking, cellular shopping, digital currency and exchange. He graduated from Wuhan University and studied under the famous cryptographer Zhang Huanguo. He was one of the first students to study information security and cryptography in China. During his college years, he developed the first Chinese-British speech synthesis system in China.

About ONE token:

FOR MORE DETAILED INFORMATION ABOUT ONECHAIN, PLEASE VISIT FOLLOWING:

Website: http://web.onechain.one/

Telegram: https://t.me/onechain1/

Facebook: https://www.facebook.com/OneChainOfficial/

Twitter: https://twitter.com/onechainone/

Media: https://medium.com/@onechainone/

Github: https://github.com/onechainone/

Whitpaper: https://cdn1.haoduobi.cn/offcial_assets/white_en.pdf

Author: Nengdayanti

Profile: https://bitcointalk.org/index.php?action=profile;u=1687217

ETH: 0x445CD0422b50F8f870c288D2e78762E3a3b34308

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