Topic: ⚡️⚡️[ANN] ⚡️⚡️ Ontology Network Official Regular Updates (Read 1969 times)

Ontology Weekly Report (July 14–20, 2021)

Here Are Some Highlights

- They announced a partnership with BlockBank, an AI-powered crypto application that combines traditional mobile banking with cryptocurrency and blockchain.
- ONTO mobile app v3.9.2 was released, adding BSC cross-chain functionality.
- Ontology hosted an NFT lottery with TWINCI. The NFTs sold out in 30 minutes and the promotional video was viewed over 2,000 times.
- Ontology also hosted an NFT giveaway with dFuture, attracting over 5,000 participants.
- They continue to promote their Harbinger Program v2 and are excited for new Harbingers to join them!

Read more here

We have another baby on the way!👶 @babyswap_bsc

Earn $BABY worth $80k and $ONT worth $15k in our latest liquidity mining⛏️event on @BinanceChain

Create an #ONTOWallet to win extra $ONG rewards

👉 http://onto.app

Full details: https://medium.com/onto/earn-baby-ont-with-onto-babyswap-50b3d4d5f580

Ontology Celebrates its MainNet’s Third Anniversary and Reflects on the Mission to Bring Decentralized Identity and Data Solutions to the World



A recent study on cybersecurity statistics revealed that data breaches exposed 36 billion records in the first half of 2020, alone. Coupled with heightened online activity and the growing virtual economy, these findings reflect the strong need for effective data protection and digital identity protocols in today’s digital age. Driven by a desire to address this need, Ontology has spent the last three years developing a host of products and protocols to support its vision of a safe and secure decentralized ecosystem

Read more: https://medium.com/ontologynetwork/ontology-celebrates-its-mainnets-third-anniversary-and-reflects-on-the-mission-to-bring-74a36521f714

Our DID conversation with Bankless DAO will be live in 15 minutes in the DeFi club on Clubhouse.

See you there.

https://www.clubhouse.com/event/M8BE5Oew

If you weren't at CoinDesk's Consensus2021 to hear Li Jun speak, you can now view the full recording via YouTube

Hear how ontology's digital identity solutions aim to bring about a new era in data privacy! DID decentralized

Watch Now https://www.youtube.com/watch?v=FX47K-HkG2w&ab_channel=Ontology

@OntologyNetwork is listed on WazirX

ONT/INR and ONT/USDT trading is live on WazirX. You can now buy, sell, trade $ONT in our INR and USDT market.

Spread the word https://blog.wazirx.com/buy-sell-trade-ontology-ont-on-wazirx/

DID 101: A Brief Introduction to What Makes Ontology Special



DID, ONT ID, OScore…you might have heard us use these words, before.

Yet, you’re still unsure what they all mean.

Here’s an overview of the key features that make Ontology special.

Decentralized Identity & ONT ID

With traditional ID systems, a central authority or tech platform controls the data (e.g. phone numbers, email addresses) provided to it by users.

The users (i.e. the data providers), therefore, have very little control over how their personal data is stored and who has access to it.

Ontology’s decentralized identity (DID) framework, ONT ID, is different. By providing a self-sovereign system of data authorization and ownership confirmation, ONT ID puts the power in the hands of users.

Read more: https://medium.com/ontologynetwork/did-101-a-brief-introduction-to-what-makes-ontology-special-bdaeae832f35

This terribly designed icon is the BEST feature on ONTO

If you're new to the Ontology staking ecosystem you may not have realized you need ONG to pay for transaction fees on the network. You may not have even known that Ontology uses a dual token system.

ONT = Governance tokens
ONG = Gas token

If you acquired ONT and need ONG simply go to your ONT wallet and click on that "swap" icon at the top right. It'll allow you to swap a small amount of ONT for ONG without paying anything. It's free!

Now go download ONTO and give it a try.

https://onto.app/

Crypto.com users can now access the latest $ONT and $ONG price, volume, and market cap data, as well as recent updates about ontology's ecosystem and products



This news follows the listing of ONT and ONG on Crypto.com, last year. As a major player in the cryptocurrency and payment industry, Crypto.com’s listing makes it easy for users to trade ONT and ONG tokens at true cost using over 20 major fiat currencies via bank transfer or credit card.
Crypto.com’s product offering also includes the Crypto.com Visa Card, which allows users to easily convert their ONT and ONG into fiat that can be spent at merchants, worldwide.

Learn more: https://medium.com/ontologynetwork/crypto-com-now-supports-ontology-news-feed-2e1c0c19d599

As part of a strategy to bring Ontology’s products to the Japanese market, we're happy to announce a partnership with AP.LLC, a private Japanese IT consultancy firm🤝@OntologyJP DID data

Learn more: https://t.co/HId61quaa1?amp=1

Congratulations ONT listed on Wootrade


Happy to see ONT join Wootrade, the only platform where you can trade with ZERO fees!🤑

Visit woo.network to start trading💰

40% APY $ONT staking is old news

Introducing $ONT staking with >90% APY!

Calculate your yield based on your intended stake amount http://node.ont.io/calculator/node

See our ultimate staking guide to get started: https://medium.com/ontologynetwork/ultimate-ontology-staking-guide-e70c44330429

Same as most coins but MATIC. Spleen pumps up in my veins and right into my head when I open binance and see another 40% being added to MATIC value. I have even submitted a request to delist it coz I have ictus each time I open the exchange. Seeing that WAVES performance is also at its lowest and decreasing, I wind a sense of conspiracy probably related to high-scale manipulation exercised by corp entities on purpose.

sorry if I didn't follow this topic from the start, I would like to ask how do I get Ontology Gas?

I just started investing in ONT and bought several tens of ONT and kept them in exodus wallet, will I get ontology gas there?

ONTO + Wing X OKExChain Launch Party! Win a Share of $10,000 ONT + $20,000 OKT

To celebrate our OKExChain launch, the first 5,000 people to connect their ONTO wallets to Wing Finance’s Flash Pool on OKExChain and participate in either supplying, borrowing or insuring, will be rewarded 1 ONT and 0.02 OKT.



Duration: From now until 8am May 20 (UTC)
Win OKT & ONT

The first 5,000 users who participate in either supplying, borrowing, or insuring, within 7 days and leave their assets on the platform for at least 24 hours after Wing’s launch on OKExChain, can receive 0.02 OKT & 1 ONT (KIP-20) courtesy of ONTO..

Winners will be announced after May 20. OKT rewards will be distributed within 7 working days after the events whilst ONT rewards will be distributed after ONT (KIP-20) is listed on OKExChain.

Read more: https://medium.com/onto/onto-wing-x-okexchain-launch-party-win-a-share-of-10-000-ont-20-000-okt-37a4f1fe7de8

An Update from Ontology

“Bitcoin and other cryptocurrencies are like digital gold as more and more assets are becoming digitalized and tokenized. Cryptocurrencies are going to become even more important.”

Li Jun, Founder of Ontology, quoted in CNN recently.

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Developments / Corporate Updates

Development Progress

Over the month of April we made significant strides in our development progress. We completed 85% of the Ontology EVM-integrated design, which will be fully compatible with Ethereum contract ecology after completion.
We also completed 75% of the latest Layer 2 technology, which explores the integration of Ethereum Layer 2 on the Ontology MainNet

Product Development

This month we released ONTO v3.8.2, adding and optimizing the functions for Ethereum privacy transaction and high-speed transaction.
We officially integrated the webpage plug-in version of ONTO cross-chain wallet with Wing Finance.
ONTO is included as a default wallet option in the popular dApp HyperJump on the Binance Smart Chain.
ONTO held community activities with DeFi ecosystem partners OpenOcean, Multiplier, DeFiner, MDEX, and ApeSwap.

Read more: https://medium.com/ontologynetwork/ontology-monthly-report-april-2021-fed2283ce25f

Ontology Weekly Report (April 14th–20th, 2021)



Highlights

This week, while Ontology’s global community continued to grow, Li Jun, Founder of Ontology, spoke with CNN Business about the Coinbase IPO, one of the biggest industry developments of the year.

Latest Developments

Development Progress

We have completed 80% of the Ontology EVM-integrated design, which will make Ontology fully compatible with the Ethereum smart contract ecology after completion.

We have completed 70% of the latest Layer 2 technology, exploring the integration of Ethereum Layer 2 on the Ontology MainNet.

Product Development

ONTO v.3.8.1 was released, adding Ethereum privacy transaction and “fast” transaction functions, and optimizing the Ontology node staking dApp.

ONTO cooperated with DeFi ecosystem partners MDEX, DeFiner and Multiplier to launch joint campaigns, all of which were successful and attracted lots of new community members.

dApps

113 dApps launched on MainNet.

6,554,162 transaction completed on MainNet.

12,780 dApp-related transactions.

Read more: https://medium.com/ontologynetwork/ontology-weekly-report-april-14th-20th-2021-10ca0e6ae753

To build out a true DID & Data ecosystem, we need partners who can add value to not just Ontology, but also each other.

Which projects do you think we should reach out to to add into our ecosystem that would benefit ALL projects involved?

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DeFi Needs Reliable Credit Scoring System, but We Must Be Cautious



Credit scores have been a cornerstone of risk evaluation in the global banking systems for decades.

They allow banks to determine who qualifies for a loan, at what interest rate, and what credit limits. Lenders use these scores to evaluate the likelihood that the borrower will fulfill their obligations and repay their loan.

More information

Ontology and Daimler Accelerate Progress on "Welcome Home" App


The Ontology team is happy to announce that the much anticipated "Welcome Home" application powered by Ontology has officially passed through the initial stages of review with Daimler Mobility. As a truly pioneering MVP product, Welcome Home combines the premium experience of Daimler’s mobility units with Ontology’s technical superiority, especially related to decentralized identities and data protection.

Learn more here

We are seeing most active developments coin in crypto is Ontology and I don't know why the price of ONT is struggling to increase, I see Ontology has partnered with the many companies and why they are struggling to deliver hugely volume, I hope I have to see how far this coin will get reputation and how much the coin price will increase in the current situation of the market.

Ontology Monthly Report — December 2020

Some of the highlights from December 2020

- The signing of our MOU with Waves and Litentry
- The launch of Wing’s Inclusive Pool
- The launch of ONTO v3.6.5
- ONTO’s Special NFT Medal Campaign
- The “Gas Fee Airdrop” campaign with Binance Smart Chain

Read more: https://medium.com/ontologynetwork/ontology-monthly-report-december-2020-22e493e4640b.

Waves Enterprise partners up with Ontology to integrate decentralized ID into its e-voting service.


The two blockchain companies have signed a Memorandum of Understanding and entered into a technological partnership. As part of the deal, the companies will share their tech experience and vision, provide mutual consulting on their blockchain solutions, and jointly develop and integrate related technologies.

https://medium.com/ontologynetwork/waves-enterprise-partners-up-with-ontology-to-integrate-decentralized-id-into-its-e-voting-service-19b9e375b68c

Ontology Monthly Report — November 2020

Here are the highlights:

- MOU with Patract Labs
- Wing’s Inclusive Pool
- Launching ONTO v3.6.0
- ONTO’s Special NFT Medal Campaign
- Cointelegraph Consulting
- Altcoin Daily’s latest YouTube video release
- Updates with bloXroute

Learn more: https://medium.com/ontologynetwork/ontology-monthly-report-november-2020-22eedf33afdf.

Ontology And Patract Labs Join Forces To Accelerate Smart Contract Ecosystem Development


Ontology has announced a new collaboration with the Polkadot Ecosystem Project, a sharded blockchain that seamlessly connects multiple chains together in a single network. The joint venture will see Ontology develop the underlying infrastructure for Patract Labs, a developer of solutions for Polkadot’s Parachain Contract Ecosystem. This announcement is the latest step in Ontology’s ongoing mission to build a parachain on Polkadot.

Read more: https://medium.com/ontologynetwork/ontology-and-patract-labs-join-forces-to-accelerate-smart-contract-ecosystem-development-988de9978b9b.

Eric Pinos in an interview with financemagnates, in which he explained about the distributed finance market and decentralized identity, as well as the future of DeFi

https://www.financemagnates.com/cryptocurrency/interview/defi-money-legos-decentralized-identity-a-chat-with-ontology/

Ontology Monthly Report — October 2020

Some highlights from October 2020

- The release of a detailed video explaining the Welcome Home system, an in-car system designed by Ontology and Daimler Mobility.
- Integration of Ontology’s decentralized identity solution on the Polkadot blockchain.
- Collaboration with Chainalysis, including integration of their compliance and investigation solutions.
- The release of 1,000 special NFT medals for the September NFT campaign.
- Continued performance tests with bloXroute.

Read more: https://medium.com/ontologynetwork/wontology-monthly-report-october-2020-c9cd2f7f61f7.

Ontology has announced an integration with Chainalysis, the blockchain analysis company. This integration will create a safer experience by increasing trust and security across the Ontology ecosystem.


Ontology will utilize Chainalysis’s compliance and investigative solutions, KYT (Know Your Transaction) and Reactor, to enhance trust, provide a safer experience to traders, and combat illicit activity through transaction monitoring and tracing.
https://medium.com/ontologynetwork/ontology-boosts-security-and-compliance-through-integration-with-chainalysis-3dfce3c154ec

The Ontology team in their post explains in detail about OScore - a system for assessing the creditworthiness, how things are and at what stage of development the project is, as well as how it can affect the DeFi ecosystem https://medium.com/ontologynetwork/oscore-everything-you-need-to-know-57aa88b7b96f

In a recent AMA with Cointelegraph erickpinos shared how Ontology is constantly making upgradesRocket to its protocol since the Keycap digit onest day.
Learn more about how our DeID solution is transformingHigh voltage sign the automotive industry whilst protecting data privacyDown pointing backhand index
https://twitter.com/OntologyNetwork/status/1303168198607421441
https://cointelegraph.com/news/how-a-decentralized-identity-platform-could-transform-driving-forever

ONT & ONG Now Listed on UniSwap to Support All Types of DeFi Products on Ethereum
source
https://medium.com/ontologynetwork/ont-ong-now-listed-on-uniswap-to-support-all-types-of-defi-products-on-ethereum-852f3268a8f0
https://twitter.com/OntologyNetwork/status/1301788587478794241

Ontology Completes DID Smart Contract Development on Ethereum to Boost the Decentralized Identity Ecosystem
This week, Ontology successfully completed the development of the next stage of its open-source DID smart contract on the Ethereum network, significantly expanding the purview of the platform’s decentralized identity ecosystem. Having defined the DID specification, submitted the required W3C registration, and concluded the DID smart contract development, Ontology’s bespoke Decentralized Identity Solutions now boast even greater chain interoperability and heightened technological capabilities.

Click HERE to know more

Ontology 2.0, this blog includes a list of answers to the most popular questions: advantages of the new economic model, add-ons store, ABOUT SAGA, open knowledge graphs https://medium.com/ontologynetwork/faq-ontology-2-0-43358b12d6b6

Today, Ontology partner, OGQ & Kaiyun using the platform, more than 217,000 enterprise data are recorded

ontology issues a weekly report for the period of June 1–8, the main events, the two-year anniversary of the project, as well as news regarding ONT ID 2.0 https://medium.com/ontologynetwork/ontology-weekly-report-june-1-8-a654ffdc4178

Ontology has new cooperation with HTW University of Berlin, a memorandum has been signed to promote blockchain education and research https://medium.com/ontologynetwork/ontology-to-collaborate-with-berlins-htw-university-to-advance-blockchain-education-research-7ee413022d56

The MainNet2020 event will be held on June 2, it will be attended by the founder of Ontology LI Jun, will talk about the latest news, Ontology 2.0, Ontology Rocket https://twitter.com/OntologyNetwork/status/1266715986884849665?s=20

I wonder why the ontology team didn't started an announcement here on bitcointalk, or at least hire someone and build a community. Apart of few holders/fans of ONT who started few threads there is not much of a talk.

Anyway congrats for the news thread and keep up, your work is really appreciated.

Tech Talks Daily video release dive into the Ontology blockchain, high-performance corporate blockchain and its benefits
https://www.youtube.com/watch?v=6Cr0UiSILHA

Ontology published a report for the last week on March 10-16, it says about the latest updates, new features and other innovations
https://medium.com/ontologynetwork/ontology-weekly-report-march-10-16-ad37a06d6369

Ir seems after partnership chainlink with Google this is a new trend to make a partnership with Chainlink 
Btw how may dApps ara live on Ontology blockchain right now and what about using Ontology in real business and usecase ONT coins?

Ontology collaborates with bloXrout Labs and ChainLink to help develop the Ontology ecosystem.

Russian language.

https://hashrate-and-shares.ru/ontology-i-shainlink-ob-yavili-o-partnerstve

https://hashrate-and-shares.ru/bloxroute-labs-ob-yavila-o-partnjorstve-s-ontology-i-conflux

Ontology’s Global University Workshop Hits the U.S. Soon

"The U.S. leg of Ontology’s Global University Workshop tour has begun! After a very successful stop working with Decipher, Korea’s leading blockchain alliance, in Seoul, South Korea at Seoul National University, we are excited to see our information-packed workshop visit a number of the top universities in the world, such as Harvard University, Princeton University, Cornell University, the University of Chicago, Northwestern University and more."
Learn more: https://medium.com/ontologynetwork/ontology-global-university-workshop-kicking-off-in-the-us-soon-8f2ca6477c69.

ONT / BTC technical analysis [BINANCE] --> https://www.publish0x.com/ta-crypto-market/ont-btc-technical-analysis-binance-xddeel

The team seems moving forward with their plans.
I am curious what  is the real score of this project once they are up and running?
Will the longevity of its platform surpass other similar projects?
Or would be the same fate as many others out there?

The Ontology Korea Media Conference

The Conference will kick off on August 30th in Seoul. This invitation-only event is co-organized by Block72, a leading Korean blockchain consulting firm, and Standard Tokenization Protocol, a decentralized network for asset tokenization.
Read more: https://medium.com/ontologynetwork/a-sneak-preview-of-the-ontology-korea-media-conference-18c16e5000e7.

ONT / USDT technical analysis [BINANCE]  : https://www.publish0x.com/ta-crypto-market/ont-usdt-technical-analysis-binance-xknzqe

That's really true, lot of people want to buy it but they couldn't analysis. I guess they can refer this link to get decision for buy and hold it.

thanks for sharing, this will serve as a guide to potential investors and well as crypto enthusiast. the crypto sphere seems to be gaining grounds lately

thanks for sharing, this will serve as a guide to potential investors and well as crypto enthusiats

ONT / BTC technical analysis [BINANCE]: https://www.publish0x.com/ta-crypto-market/ont-btc-technical-analysis-binance-xmdodm

They’ve had a good year so far. Not like I expected with ONT value, although ONT is currently on the 21st rank on CMC, but they have had a lot more attention from developers and institutions looking out for a partnership. I’ll say with more adoption, Ontology is going to be way ahead.

I also heard about that really it's amazing to see that we can use it for transactions and trading. Even i also joined this bounty and submitted their require tasks.

Yes, you are right technology is the most important things in every sector in order to get updated along with the technology, blockchain technology has influenced great improvement and developments which help we can see the more secure platform in the coming days with the Dapps solutions.

oh, I completely overlooked this thread with the update. But it seems that the VBFT consensus algorithm has no effect on the price of the tokens yet. And this although the market has been doing very well lately. Well, ONT will join the green numbers as well, I'm pretty optimistic about that.

Yes. That's basically it. One of the tokens (ont) is tradable and transactable while the other is not but spent on the chain as gas fee for transactions made on the chain.

They’ve got two tokens on their main chain: ONT and ONG. The last one is spent like Gas fees. Ontology is an interesting project, that has gotten the attention of most developers and institutions looking for an easy way to use blockchain technology.
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So that's mean ONG we can use for gas fee while making transactions of ONT? Is that possible? Can anyone have idea about it how it will work?
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If you're a Binance trader and use Bnb to pay for trade transaction you'll most likely understand and grasp the concept of Ontology Gas. You've heard of Ethereum gas usage? Like the tiny fraction of Eth required to execute a function of transaction called the Miners fee?

So that's mean ONG we can use for gas fee while making transactions of ONT? Is that possible? Can anyone have idea about it how it will work?

Lot's of crypto currencies are launching every year but only few crypto currencies like ONT are launching with good stuff and concept in market. And I really like concept of this coin.👍

They’ve got two tokens on their main chain: ONT and ONG. The last one is spent like Gas fees. Ontology is an interesting project, that has gotten the attention of most developers and institutions looking for an easy way to use blockchain technology.

See BtC price skyrocketing owing to lots and lots of good FAs
A lot of adoption is taking place under the water and its good for the general blockchain, we are finally getting there however BTC Lighting network should be implemented real quick.

i believe the moment people start looking beyond price and speculation we would made more progress in the crypto sphere. i believe the time has come for us to appreciate the importance of blockchain technology to our society

Alright cool to hear this. Lately I have been taken advantage of opportunities, not allowing any one slip off me lol. I think beyond price and speculation, ontology project is for the long term. I am however keen to learn of dapp already running with the engine though

Thanks for this, I have been looking forward to how to get more $ONG even if it is ONG gas, I don't mind because I have always been a fan of Ontology. Let me hurry to take advantage of this opportunity. Once again. Thank you

Ontology was quite popular due to its surprisingly price spark just after airdrop distribution and the regrets that followed after for those who dumped earlier

Another bounty opportunity is opened in Gleam but price will be in Ontology Gas. Ong. Check the link. https://gleam.io/2cbXn/ontology-developer-community-rewards-program

I think I already read about this project 1 year ago, I thought from the title it would be a medical project, but it turned out that it was not. Is the team planning to create a bounty program for this project?

I understand that Dpos is great for dapps and Pos as well as Pow are great mechanism working differently to achieve different purpose. I have seen users complain that VFBT refuses the main substance that makes fault tolerance efficient, do you think that's the case here?

So this means PAX will be the first stable coin that makes use of this new VBFT consensus algorithm? Wondering if they choose the ONT blockchain because of VBFT.

Rightly said. No one can predict the future. Just keep eye on the projects development/update which will come on regular basis from project team.

when claims such as this are made i usually to like making comment because i believe the best way to see if their claim is true is to watch and see how it unfold in time. so I believe time will tell

I was going through project website ont.io and I can see there is dAPP tab which shows total 27 active dAPPs with close to 15k users.

Based on their improvement with the blockchain transaction Ontology blockchain is becoming more prominent which will help the PAX understand how potential ONT is going to be in the coming days. Already we are seeing in every blockchain meeting Ontology is taking place in order to get more awareness about their improvements.

Is there a known dApp using this consensus mechanism and already running? I will like to see the most effective dApp industry running with the mechanism already

After the recent USDT and Tron FUD that seems to be a growing issue in crypto markets. More regulated and audited stablecoins would surely be welcomed by blockchain enthusiasts, investors, developers and primarily by cryptocurrency traders worldwide. PAX just had a partnership with ONTOLOGY, and seems like they’ll be moving to ONTOLOGY blockchain which promises faster, safer and more secured transactions.

PoW, PoS, DPoS ... there are already a lot of different consensus algorithms. All have their pros and cons. Now we get another one with Ontologys VFBT. Looks definitely interesting. Time will tell which of these algorithms can make it and will be widely used.

I love the fact that so many projects are determined to improve the blockchain. This would create much more efficiency in the blockchain consensus industry. There's a popular opinion that healthy competition leads to advancement, and that explains why blockchain technology is growing speedily.

ONT's blockchain is compatible with existing 3rd party blockchain?  I mean if any existing dAPPs wants to move to ONT blockchain,  how easy or difficult it would be?

There are many projects claiming that they are developing high performance Blockchain, only 2-4 manage to develop solutions which is okay but not good enough. Will ONT break the barriers and come with actual high performance Blockchain?

The VFBT algorithm is definitely a good and welcomed development from the ONT team. I have always been one who believes in ONT and this move will prove to be awesome.

The plans of Ontology sound very good and seem to be very well thought out. But at the moment it's a shark tank, so many new projects that want to improve the blockchains. Those will be exciting years. I hope ONT is successful, I like this project.

Ontology VBTF is a huge improvement from NEO dBTF. With more improvements providing solutions to blockchain scalability issues, we would have more developers interested in blockchain technology.

The VBFT algorithm would be instrumental to the development of better dApps in the platform and would lead to increased creativity for the developers in the ontology platform. Am of the opinion that this would create a new era in the blockchain Consensus algorithm.

Today's Update dated 28 April 2019

Ontology introduced its VBFT consensus algorithm last year and the project has continued to build momentum over the past several months. This is big news in the world of blockchain as the PoW and BFT consensus algorithms are what most mainstream public chains are using today. Ontology hopes that the VBFT algorithm will replace those commonly used, as they believe they have solved some of the major problems that lie within them. VBFT improves on the performance and scalability of public chains all while guaranteeing the randomness and fairness of a consensus network. Other algorithms have been known to cause problems that hinder both the performance and the scalability of public chains. Ontology’s improved platform will help dApp developers harness their creativity to its maximum potential and remove limitations imposed by inefficient algorithms with poor performance. As the dApp developers lie at the center of the blockchain ecosystem, Ontology believes that the changes they are implementing will provide greater flexibility and further the ability of the developers to create new and innovative applications. Constant improvements are being made to VBFT, and large-scale and long-term practices are in progress to track the performance of this new consensus mechanism.

To read more on this, visit their recently published blog>>>>>>>>>>>>>>   Blog Link