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What is the ladder network?

Ladder network is committed
to become the cornerstone of the cross-chain field in the web 3.0 era.

The ladder network Ladder Network developed based on the substance protocol can be directly connected to the ecological network on the Substrate protocol. Based on the above thousands of verifiable nodes and 10,000-level candidate verification nodes, we are committed to the most distributed, secure, and largest-scale cross-chain network. The ladder network Ladder Network can be used as a blockchain base layer protocol, which can connect thousands of application layer blockchain protocols, provide comprehensive basic support for the enterprise enterprise chain and million chain intercommunication, and provide users with powerful And verifiable assurance that the user's privacy and data are controlled by themselves, that is, the information they receive, the information they provide, and the content involved in the payment are circulated in a trusted network.

Ladder Network uses the VRF algorithm-based threshold signature witness mechanism to ensure the validity of transaction verification. It pioneered the cross-chain investment model, which made up for the poor liquidity of cross-chain assets and introduced barriers to the chain of prediction and reality. The system is based on the assets invested by the user in the edge chain, and the main chain revenue is calculated in real time through the predictor exchange rate. In the blockchain, the real-time experience of cross-chain transfers of common user assets can be greatly enhanced, including the assets of investors in the edge chain.

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Gateway network architecture

Bank module

Usually cross-chaining is through asset mapping, such as centralized trading, where users need three steps to convert assets. Our goal is to simplify the steps required for asset transfer, and asset transfer can be achieved with only one operation that includes the target chain and the address of the account.

Considering the impact of total assets on real-time conversion, we introduce a bank module to address liquidity issues. In the edge chain, the module manages the user's investment assets through contracts and can earn revenue on the main chain after a certain period of time. On the chain, users can take out assets at any time, and we won't make any locks. Investors gain investment income from the main chain by investing in assets in the edge chain to provide the cross-chain to provide the epidemic in return, so the operation approximates bank deposits.

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Gateway network architecture

Exchange rate module

In order to realize the rapid exchange of different assets, it is necessary to price each asset, but the blockchain is a deterministic and closed system environment. Currently, only the data in the chain can be obtained, and the real-world data outside the chain cannot be obtained. The blockchain is fragmented from the real world.

We deploy the oracle engine contract on the chain. The exchange rate module of the main chain periodically pushes each asset price request to the oracle engine contract. The oracle engine contract obtains external data through the API interface under the chain. Technically, the data is externally given. The prophecy contract on the chain, then predict the machine contract and then pass the data to the exchange rate module.

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Gateway network architecture

Risk control module

If only the above two modules exist, there will be a transaction rollback problem caused by insufficient liquidity. If the system has enough investors and users, there is theoretically no trade rollback. However, in the early stage of the system, there may not be a large amount of financial support, which is not good for the user experience. On the other hand, investors in the blockchain will affect the liquidity of asset deposit and redemption operations, so we introduce a risk control module to solve this problem. problem.

The role of the AI ​​risk control module is: ensuring sufficient funds on the edge chain through interest rates; ensuring the success of cross-chain transactions, reducing useless operations; and ensuring system liquidity.

By monitoring the transactions on the main chain and the balance of funds on the edge chain, we can deduce the success of a transaction in the future, thereby reducing the trade retreat and reducing system pressure.

Design Principles

Optimal design

It is very difficult to make an easy-to-use blockchain cross-chain product. In order to be responsible for each user, we adopt the following design principles.

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Ease of use
Reduce user burden

Traditional cross-chain systems require cumbersome operations by users, and the ladder network minimizes user burden through intelligent management.

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safety
Ensure user asset security

The ladder network ensures the security of each user's assets through professional cryptographic algorithms.

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Decentralization
No centralization agency

The goal of the network of ladders is to involve everyone, and there is no decentralized network controlled by centralized institutions.

Governance body

Foundation establishment

As the most distributed, safest and largest POS cross-chain network to solve the current global industry pain points, the Gateway Network will set up a foundation. The Foundation is committed to the development and promotion of the network of ladders, emphasizing transparent management and promoting open source. The safety and harmonious development of ecological society.

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The Executive Committee researches and formulates long-term and short-term plans, formulates regulations and management systems, formulates project planning and strategic directions, assists in expanding media relations, manages daily operations, and is responsible for promoting the smooth and efficient operation of the Foundation.

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According to the development goals of the Foundation, the Operation Management Committee is responsible for clear positioning of the project, formulating development strategies, grasping user needs, and formulating operational modes and operational directions.

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The Remuneration and Personnel Committee formulates and revise the salary incentive plan, allocates institutional settings and post settings, and engages personnel.

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The Audit and Compliance Committee is responsible for the testing and evaluation of the project, including operational audit, financial audit, code audit and Token application audit, to ensure project compliance and expenditure specifications, and improve the efficiency of fund use.

Application scenario

Multiple application scenarios

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Decentralized wallet
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Decentralized exchange
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Business chain
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Data security and privacy
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Collaborative cloud computing
Compared

Ladder network vs. Cosmos and POLKADOT

Development

Development route

The Ladder Network development team has many years of experience in blockchain development and will develop quality on time.

2018.7
Study
  • Research on the technical route of the ladder network
2018.9
Start up
  • Project begining
  • The first draft of the white paper was completed
2018.12
Optimization
  • Complete project technical route optimization
  • Ecological route establishment
2019.5
Test
  • Test online line
  • Realize the inter-chain interconnection of Ethereum and ABOS chain
2019.9
Connection
  • Connect with mainstream blockchains such as EOS, Bitcoin, etc.
  • The ladder network is open source as a whole
  • Launch a cross-chain ecological navigation plan
2019.12
Online
  • The main network line of the ladder network
  • Comprehensive force cross-chain ecological navigation plan
2020.3
Platform
  • BAAS platform built
  • Provide each module basic SDK module
2020.6
Access
  • Supply chain module, game module access BAAS
  • Shared ladder network cross-chain service
2020.9
Protocol
  • Establishing global user base
  • Decentralized exchange agreement
2020.12
Decentralization
  • Realize the decentralization of community governance
Meet us

Team

Stephen Saidov
Ladder Network Community International Core Promoter

Continuous entrepreneurs, early evangelists in the blockchain, with the background of European life and work and the academic background of higher education institutions in Asia, computer data science and business management complex background, since the beginning of 2015, investment and technology in the blockchain field Research, in the European and American regions have a lot of deep resources in the field of blockchain.

Shin Wan Jon
Ladder Network Community International Operations Contributor

Since 2016, he has been investing in the field of encrypted digital assets and community participation. He has conducted evangelism in the field of blockchain in universities such as Korea University and Korea Science and Technology Institute, and has mature traditional fields and blockchains in Japan and South Korea. Resource accumulation and community networks.

Tony Xu
Ladder Network Community Core Code Contributors

A continuous entrepreneur who worked in Alibaba and participated in the early development of Ali Software. Since 2014, he has been conducting research on the underlying technology of blockchain and encrypted digital assets. He has conducted in-depth research on cross-chain direction, graduated from Zhejiang University in software engineering, and researched in universities. He is a senior researcher in the field of big data and blockchain in the laboratory. He has rich experience in data mining and blockchain development, and serves as a member of several blockchain committees and blockchain research institutes.

Frank Lu
Ladder Network Community Strategic Operations Contributor

He worked at Baidu and participated in the company's innovation and technology strategy research. He studied macro finance and business management at the University of California at Berkeley. He is good at corporate technology strategic planning and M&A investment. Since 2016, he has been researching blockchain and encrypted digital assets. And investment, and served as a blockchain consultant for international organizations such as IDGE196.

Cooperation

Cooperative institution

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Cooperation

contact us

If you have any questions, please contact us as below and we will answer your questions immediately.

  • contact@laddernetwork.io
  • wechat: ladderguanfang
  • join us on Telegram
                  https://t.me/laddernetwork
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