Public Ethereum Tether

Pin State Proofs From Your Private Chain to Public Ethereum Networks

Kaleido’s public Ethereum tether helps increase the security of your blockchain networks by pinning your Kaleido chain to the Public Ethereum network.
What it is

Public Ethereum Tether for Permissioned Blockchain Networks

Pin state proofs from your private chain to public Ethereum networks for ultimate immutability.

Pinning your Kaleido chain to the Public Ethereum network gives you history re-write protection from thousands of public Ethereum nodes, while retaining the privacy of a private chain. The Kaleido Public Ethereum Tether pins your Kaleido chain by writing immutable checkpoint block hashes at regular intervals, with individual signatures from your nodes.

You also have the option to pin your Kaleido chain to a Rinkeby Testnet to test your smart contract solutions without paying fees.

Public Pinning Made Easy

The Kaleido Public Tether service supports sending the state hash reports to the Ethereum MainNet, or for testing purposes, one of the test networks where free Ethers can be acquired.

Full Control of Your Account, Keys and Ether Balance

Once you fund your Kaleido Ethereum public account, you supply the Ethereum account used by the service via a secured workflow, and maintain full control of the private signing key. As a result, you can manage the account in exactly the same way as with a regular cryptocurrency wallet.

Configurable Reports and Flexible Transaction Intervals

You can freely control the service to start and stop sending the state hash reports, and change the interval of sending reports, based on the business needs and to accommodate transaction volume fluctuation. For example, if you need high transaction throughput, you’ll want to tether every hour, and when fewer transactions are necessary, you can reduce your transaction intervals to daily.

How it Works

The Public Ethereum Tether is an environmental utility service that allows for synchronized views of the chain, designated via a block hash, to be signed by each node and periodically (based on a specified configuration) relayed to a public Ethereum network. This subsequently creates an irrefutable state proof of the private network at that point in time.

Counter against collusion and add assurances to the historical finality of confirmed transactions by appending collectively signed state proofs of a private Kaleido chain to a public Ethereum network.

The public Ethereum blockchain network, a.k.a the “MainNet,” is a highly secure system to store immutable data. Thanks to the large number of fully decentralized nodes (20,000+) operating on the network and its proof of work consensus implementation, it is very improbable to revert a confirmed transaction.

This makes Ethereum MainNet the ideal place to store the root hash of a permissioned blockchain state so that any attempt to rewrite historical data (such as by a compromised or malicious participant) in the blockchain or its state database will be readily detectable.

The main benefit to considering state pinning stems from the fact that permissioned blockchains are more susceptible to collusion than Ethereum MainNet, due to the much smaller number of “signing” nodes whose digital signatures on blocks are used to provide immutability.

Why Kaleido

Everything You Need to Build Enterprise-Grade Blockchain Solutions with the Security of Ethereum

Kaleido's blockchain platform makes it radically simple for businesses to create complete web3 networks and applications. With just a few clicks, you can launch a blockchain network, deploy it globally, set up governance, and start plugging in familiar services.

Quickly Launch Blockchain

Launch blockchain networks in minutes
Choose from leading protocols
Select permissioned chains, appchains,  sidechains, or consortium chains
Deploy on AWS, Azure or on-prem
Stand up nodes worldwide in regions of your choice

Simplify Development to Get to
Production Fast

Access 40+ plug-and-play services for wallets, key management, storage, data, and more
Automate management and deployment with our fully API-enabled platform
Turn any smart contract into familiar APIs with our smart contract API generator
Make digital assets, NFTs, and consortia easy with our dedicated solutions
Mint, manage, and burn tokens at scale with robust tooling

All Backed by Enterprise-Grade Infrastructure and Support

Modern cloud scale architecture
Built-in high availability and disaster recovery
ISO 27k and SOC 2 Type 2 compliant
Integrate seamlessly with existing internal systems
Open source tech and no vendor lockin
24x7 support and SLAs
Additional Resources
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ISO27K & SOC2 Type 2 Compliant
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