Public Ethereum Tether

Pin State Proofs From Your Private Chain to Public Ethereum Networks

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

What It Is

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

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

Why Kaleido

Kaleido's platform is different because it has everything businesses need to create complete blockchain solutions. With just a few clicks, you can create a blockchain network, deploy it globally, set up governance, and include additional services.

Blazing Fast Deployment, Speed, and Scale

Deploy Production-Ready Blockchain Networks and Digital Assets in Minutes
Amazingly Low Cost Per Transaction
Multi-Party, Cross-Cloud, and Multi-Region Support
Built-In High Availability and Disaster Recovery
400+ APIs and 40+ Services to Accelerate Development

No Lock-in and Open Source Technologies

Support for Multiple Blockchain Protocols
Enterprise Integrations and Marketplace
Customizable Decentralization Options
Actively Leading New Standards and Technologies

Proven Enterprise Platform and Expertise

ISO and SOC2 Certified
SLAs and  24/7 Support
On-Chain and Off-Chain Services
Secure Key Management
Built-In Monitoring and Smart Contract Management
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Public Ethereum Tether
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