HomeCoinsOntology (ONT)Ontology Weekly Report (September 1–6, 2021) | by The Ontology Team |...

Ontology Weekly Report (September 1–6, 2021) | by The Ontology Team | OntologyNetwork | Sep, 2021

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The Ontology Team
Ontology Weekly Report (September 1–6, 2021) | by The Ontology Team | OntologyNetwork | Sep, 2021

ONT Login, the decentralized identity universal login component based on ONT ID and ONT TAG, the batch verification solution have been officially released, forming a complete Ontology DID product matrix together with the on-chain credit score OScore. Find more details at the newly launched ONT.ID website.

Development Progress

  • We have completed Ethereum RPC support and are 100% done with internal testing. The TestNet has been synchronized online; we are 30% done with testing.
  • We have completed 100% of Ontology’s new Ethereum account system development, the TestNet has been synchronized online; we are 31% done with testing.
  • The EVM/OEP-4 asset seamless transfer technical solution, which facilitates the efficient conversion between OEP-4 assets and EVM assets, is complete and the TestNet has been synchronized online; we are 28% done with testing.
  • We have completed 70% of the tutorial documents on EVM contract development on the Ontology chain.
  • ONTO hosted a liquidity mining campaign with Beefy Finance, a multichain yield optimizer. A total of 156 participants received rewards, which have been distributed through ONTO Anydrop, ONTO’s decentralized airdrop distribution tool.
  • 6,685,519 total dApp-related transactions on MainNet, an increase of 18,057 from last week.
  • 16,282,192 total transactions on MainNet, an increase of 85,090 from last week.
  • Ontology Harbinger Emilio from our Spanish community, was invited to join a workshop hosted by Blockchain Summit Global. He shared Ontology’s latest progress and had in-depth exchanges with members of the Spanish community.
  • We held our new Telegram weekly Community Call for the first time, led by Astro, an Ontology Harbinger from our Asian community. He had a lively discussion with community members, focusing on DID applications, ONTO and Ontology EVM TestNet.
  • As always, we’re active on Twitter and Telegram where you can keep up with our latest developments and community updates.
  • Ontology partnered with 4EVERLAND to accelerate Web 3.0 adoption. Ontology’s primary website, ont.io, has become fully decentralized using 4EVERLAND’s DWeb hosting services. Decentralization of ont.io will facilitate greater security, transparency, and traceability, whilst further improving data processing.

The Machine — How to (re)build trust in Web 3.0



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