HomeCoinsOntology (ONT)Ontology Weekly Report (September 7–13, 2021) | by The Ontology Team |...

Ontology Weekly Report (September 7–13, 2021) | by The Ontology Team | OntologyNetwork | Sep, 2021

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The Ontology Team
Ontology Weekly Report September 7–13 2021 by The Ontology

Reflecting a major endorsement for decentralized identity, Ontology recently announced that ONT ID, its decentralized digital identity application, has surpassed 1.5 million users. Ontology has also now officially deployed its EVM TestNet and is opening its EVM-compatible public beta for developers.

Development Progress

  • We have completed Ethereum RPC support and are 100% done with internal testing. The TestNet has been synchronized online; we are 40% done with testing.
  • We have completed 100% of Ontology’s new Ethereum account system development, the TestNet has been synchronized online; we are 42% 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 38% done with testing.
  • We have completed 100% of the tutorial documents on EVM contract development on the Ontology chain.
  • 6,709,279 total dApp-related transactions on MainNet, an increase of 23,760 from last week.
  • 16,347,156 total transactions on MainNet, an increase of 64,964 from last week.
  • We held our weekly Discord Community Call, led by Humpty Calderon, our Head of Community. He introduced Loot and the 3,333 limited edition Ontology Avatars campaign.
  • We held our new Telegram weekly Community Call, led by Astro, an Ontology Harbinger from our Asian community. He had a lively discussion with community members, focusing on the centralized identity universal login component, ONT Login, and the batch verification solution, ONT TAG.
  • We held our weekly DeID Summit, in which we spoke about “the difference between DID and Black Mirror”. We introduced Ontology’s decentralized identity framework that enables users to control their data and decide whether a third-party can access a particular piece of information about them.
  • As always, we’re active on Twitter and Telegram where you can keep up with our latest developments and community updates.
  • Ontology has officially deployed its EVM TestNet and is opening its EVM-compatible public beta for developers. In collaboration with code auditor SlowMist, Ontology is setting up the Ontology Security Vulnerabilities and Threat Intelligence Bounty Programme, with a top prize of $12,000 in ONG rewards. In order to encourage community developers to quickly and easily familiarize themselves with the Ontology EVM development environment, we published Everything You Need To Know About Ontology EVM Contract Development.

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