PTN（pallet one）

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Project Features

PalletOne propose an effective way to address these challenges that include scalability, interoperability, lacking of the user friendliness as well as platform lock-in. PalletOne adopts Jury consensus, in which we only need a group of verifiers to execute one contract. This group of verifiers is called Jury, which consists of 9 individual verifiers called Jurors. PalletOne decouples smart contracts from the blockchains to accomplish interchain interaction. Mediator ensures PalletOne security and it is the core component of PalletOne. As the core technology to build the contract executable and execute the contracts. PalletOne make developers can choose the language they are familiar with and the platform they need. Token Abstract Layer defines the definition set and operation set of token, which improves security of token
definition in smart contract. 

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.

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.

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.

Token Status and Distribution

Total supply:1,000,000,000

1 ETH=7000 PTN

Useful Links

Website: https://pallet.one

Whitepaper:https://pallet.one/doc/PalletOne_whitepaper_en.pdf