THELOGICALINDIAN - n-a
OneLedger introduces us to the abstraction of business modularization in blockchain, which is a adorned way of adage that it aims to arch decentralized and centralized technologies. It’s not absolutely atypical but it does reflect the growing accord that the absoluteness of blockchain is that it will acceptable assignment in bike with absolute technology, and not necessarily as an end-of-times backup for all that exists today.
So it’s hitting a few abracadabra that we apprehend to see these days.
“OneLedger is an action blockchain band-aid that is focused on bridging centralized action technologies with arising decentralized technologies such as Bitcoin and Ethereum.” — Cross-chain bridge. Check
“OneLedger provides an SDK and API to accomplish coding easier than before. We accept the abstraction of Business modules that will acquiesce developers to amalgamation adult strategies.”
“We appear our MVP (minimum applicable product) at the end of June. In July, we appear the atomic-swap affection amid Ethereum and Bitcoin”
Still an MVP? Looks like it is actuality actively developed (in the branches). 9 contributors.
paulwhomer and alexjlan attending like the two abundant lifters in the project.
We accept /consensus/ /core/ /lite/ and /node/
Starting with /core/ aftermost adapted 10 months ago. Ignore that for now, we will attending into their alive commits later.
Just a struct for inputs and outputs. Very beeline advanced mapping.
Let’s accept this cipher isn’t actuality used. Let’s move on.
Consensus, 5 months ago.
“Track accepted accompaniment of the consensus” — empty file. I assumption it accurately advance the accepted accompaniment of the accord then…
Tendermint, BFT vote. Moving on.
Should accept started here, ok, about I’m absence aggregate and alone activity to attending at the “synchronized swaps on Hashed Timelocks”.
Is this the SDK? It doesn’t do anything.
From these scripts I’m bold you charge to run a BTC and ETH bulge locally forth with the OneLedger node.
Very MVP code. It is about a year later. Where has the assignment gone into?
Identities are aloof a abstracts anatomy affiliated to a alternation and annual like a adopted key mapping.
Just talks to a bounded client, the scripts were right. This is a cool basal implementation.
“Atomic swaps” are aloof a arrangement wrapper. You can still dispense the sub-chain accounts during this process.
OneLedger Code Review Conclusion:
Raised $15,000,000 for a bit of wrapping code, an API, and addition tendermint chain. No acknowledge you. I don’t see what amount this brings to the ecosystem.
Want this to abutment 10 chains? Then you are active 10 abounding nodes, acceptable luck managing that infrastructure. This isn’t achievable as a decentralized product. Cross-chain SDK’s already exist, congenital for chargeless and for fun. And you don’t charge to run nodes to use them.
Last anticipation though, I skipped OLVM, it seems they are putting a lot of accomplishment into it, I don’t apperceive what it is, so it could be amazing, but I didn’t attending at it.
You can babble about OneLedger in our Telegram group.
Disclaimer: Crypto Briefing code reviews are performed by auditing what is on affectation in the adept annex of the repo’s fabricated available. This was performed as an educational analysis and any comments in the commodity are the assessment of the writer. It is accustomed for cipher to change rapidly, appropriately we timestamp our cipher reviews so that they present a snapshot at a moment in time. Information independent herein should not be acclimated as any animadversion or admonition on the activity as a whole.
OneLedger Review Timestamp: January 30th 2025
