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PALLETONE is a digital blockchain platform that seeks to address today's blockchain challenges, which include scalability, interoperability, lack of ease of use and blocking of the platform. The platform adopts the jury's consent, which requires a group of verifiers (jury) to execute a single contract. It also dissociates the intelligent contract from the blockchain to complete interchain interaction.
To maximize security, PalletOne use the mediator as the main technology to build the contract executable and make the contract. The platform is user-friendly as it gives the user the freedom to choose the language he / she is familiar with and the platform he / she needs. In addition, it has a Token Abstract Layer, which determines the set of definitions and the set of operations of a token. This improves the security of the definition of tokens in the smart contract.
Why PalletOne?
Multi-Chain
The jury's consent and level of adaptation allow the platform to manage several blockchains at the same time. The platform's intelligent contract improves interaction with various blockchains at the same time. This allows users to exchange different blockchain tokens in a single PalletOne contract call to make the inter-chain token exchange automatic, distributed, and immutable.
In addition, the platform allows the use of smart contracts such as Bitcoin. Smart contracts can be reused on other blockchains such as Litcoin, thereby significantly reducing the costs of developing smart contracts.
Multi-task
The verification and the execution of the platform can only be performed by the Jury specially created for it. The implementation of the intelligent platform contract can be carried out by selecting various juries in a multitasking manner. Consequently, the congestion of the PalletOne network is destined to decline significantly.
Multi language
Platform developers can create intelligent contracts using, among others, development languages such as Java, C ++ and JS. This is done without having to learn a new contract development language like Solidity for Etherium. The support of the multi-lingual platform will lead to the prosperity of its ecosystem.
Multi platform
PalletOne VM, a key tool for the compilation and execution of smart contracts, is completely separate from the underlying operating system. This allows the platform's intelligent contract to adapt to Linux, Mac and other platforms.
Safety
The platform reflects its security in two aspects: security of development and security of contract development.
The security of development is further reflected on two aspects:
Standard contracts will be provided for common or specific scenarios. A user must call a standard contract and complete the development of Dapp in a few steps when developing a corresponding stage contract. This design reduces the difficulty of user development and at the same time reduces the risk of incomplete development considerations.
The platform also provides a complete set of token definitions and operations. This will facilitate the ease with which the user token will be released and managed.
Pallet one VM provides a suitable environment for host security and eliminates the likelihood of malicious attacks from the host or network. This makes the platform intelligent contracts very safe.
Token economy
The token is used to pay the deposit: jurors must pay a deposit to prevent them from fraud. The token is also used for the payment of the transaction fee, as the jurors earn commissions from the participants in the contract through the execution of contracts. This provides an incentive for their execution. Participants must make some payments as transaction fees for jurors.
Tokens as an incentive for the juror: each juror who participates in the validation and execution of it will receive transaction fees and incentives in the form of PalletOne tokens. This will act as remuneration for their services.
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