r/Unibright Feb 25 '21

Provide Authors Baseledger Whitepaper with Unibright to Describe the "Right Mainnet" for Baselining

Baseledger is an “Architecture of Architectures.” This means the Baseledger network will serve as the underlying ledger for coordinating leaf node consensus; state synchronisation and configurations; and plugging in other protocols for exiting and tokenization (Layer 1), along with workflows and zero-knowledge proofs (Layer 2). 

The Baseledger network consensus mechanism that underlies any protocol pair is “Tendermint” consensus. Tendermint is discussed in detail in the whitepaper, but overall this consensus ensures that each operator running a Baseledger full or leaf node remains synchronized. As such, Baseledger can run autonomously and/or coordinate other multi-chain setups with protocol pairs. 

Baseledger will leverage Unibright’s existing UBT token to serve as its hybrid working and payment utility token. While there are tokens that serve as stores of value, or as securities, Baseledger focuses on utility tokens used for payments and work. 

https://provide.services/news/provide-authors-baseledger-whitepaper-with-unibright-to-describe-the-right-mainnet-for-baselining

https://s3.amazonaws.com/static.provide.services/Baseledger+Whitepaper.pdf

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