2017, for many people, is a year of ups and downs. The blockchain industry has experienced explosive growth and has officially entered the mainstream of society. Although the excessive exposure of digital currency has caused comments from both sides, blockchain technology has the potential to change the old social collaboration model and has been deeply imprinted in people’s minds.
ONEROOT has been firmly convinced that using machine trust instead of traditional trust mechanisms can help build a fairer and more efficient future. The ups and downs of the past year are just a prelude to a magnificent era. Returning to the reality, the blockchain industry is like a toddler, and those projects are like isolated islands, stumbling and exploring alone. ONEROOT adheres to the concept of consensus, co-build, sharing, and win-win, promoting communication, cooperation, and resources sharing, and contributing to the development of the industry’s ecology.
The reason why we start
The construction of the blockchain industry infrastructure and the creation of an ecological economy that suits the characteristics of the industry have always been the top priority of ONEROOT. As a new generation of distributed trust chain network, ONT network is dedicated to building cross-chain, cross-system, cross-industry, cross-application, and cross-terminal distributed trust infrastructures, which is consistent with ONEROOT’s goals.
The plan proposed by ONT Network is highly compatible with ONEROOT’s concept of consensus, co-build, sharing, and win-win. Therefore, ONEROOT will actively participate in the ONT Network node election, sharing its own resources and providing technical and financial support for the ONT ecosystem, as well as providing more application scenarios for it to help ONT’s application landing. In the future, ONEROOT will actively cooperate with other projects, working together to promote the popularization and development of blockchain ecology.
Our missions
Maintaining the operation of the nodes is the task of ONEROOT. In addition, we will also assist ONT’s ecological construction through various channels, including:
Community building
Promoting the popularization of blockchain knowledge, expanding ONT ecosystem, and creating high-quality core communities.
Technology R & D
Based on ONT underlying protocol, we research and develop decentralized matching mechanism and various Dapps, improving the circulation and convenience of the token exchange of ONT Network.
Application incubation
ONEROOT Foundation will provide all-round support for applications developed based on ONT, helping the project landing and promoting the prosper of ONT application ecosystem by combining the rich on-line and off-line resources of Asia-Pacific Blockchain Center.
Attracting traffic
ONEROOT will host ONT Developers Conference, launching a hackathon and focusing on global traffic together with Asia-Pacific blockchain center in connection with the demands of entity industry.
Advantages
Compared with other participants, ONEROOT has the following advantages in hardware and software resources:
Strong economic strength
With full recognition of ONT Network, ONEROOT will provide more than 2 million ONT to support the node election, which can greatly increas the probability of success.
Strong community foundation
ONEROOT has brought together a community of more than 20,000 people. The community has a high recognition of ONEROOT’s concept of “Consensus, co-build, sharing and win-win”, which is a strong user base for constituting ONT community.
Mature technology team
ONEROOT team has extensive experience in R&D of blockchain infrastructure, security risk control, business model building, etc., and can quickly develop ONT-based application development and provide technical support. After the successful migration of the self-developed decentralized transaction smart contract R1 protocol, the convenience of token exchange can be greatly improved.
Special fund support
ONEROOT Foundation has established an ONT special fund, which combines the software and hardware facilities of Asia-Pacific Blockchain Center to support the development of ONT-based application projects.
Rich resources in the park
ONEROOT participated in the Asia-Pacific Blockchain Center led by the government industry fund. In addition to the free office space, the park is also accessible to a large number of physical industry resources under government support. This brought together a large number of high-quality blockchain project teams and formed an international-level blockchain industry cooperation mechanism and framework, providing participants a variety of hardware and software resources to help the quick landing of the application ecology of ONT Network.
Node overview and governance model
Node overview
Maintenance the nodes is ONEROOT’s job. We will unconditionally meet the hardware and software standards required for building ONT Network nodes. ONEROOT team members have extensive experience in server operations and sufficient technical knowledge to face any performance and security challenges.
Expansion plan
ONEROOT will use cloud server to build two ONT nodes, one as the master node and the other as the alternative node. With the expansion of ONT Network, the requirement for servers will inevitably increase. ONEROOT is considering building server nodes to support the development of ONT Network.
Governance model
Consensus, co-build, sharing, and win-win are always the fundamental concepts of ONEROOT. The benefits of ONT that ONEROOT team obtain will be totally contributed to the community, assist ONT’s community construction, fund the application development and landing based on ONT Network, and promote the development of blockchain ecology.
Conclusion
ONEROOT team sincerely hopes to become one of the many nodes of ONT Network and work together to build a fairer and better future.
About ONEROOT
ONEROOT upholds the concept of win-win, aiming to build business infrastructure based on consensus agreements, and co-build a shared economic ecological system that is more suitable to the characteristics of the digital asset era with all parties. To be more specific, ONEROOT hopes to reach a consensus among all co-builders of digital asset ecology, co-constructing an open, peer-to-peer blockchain information data platform, as well as facilitating the full circulation of the industry resources. ONEROOT also provides information, investment, trading and liquidity solutions for the co-builders by constructing digital asset infrastructures, which facilitates more external resources to enter the industry and create a win-win, sustainable blockchain economy.
Related links:
Official website：https://www.oneroot.io
Medium：https://medium.com/@icoroot
Twitter：https://twitter.com/OneRootNetwork
Telegram：https://t.me/OneRootProject
BiYong：https://0.plus/OneRootProject
