Ontology Weekly Report (August 1 — August 7, 2023)
Published in
3 min readAug 9, 2023
Highlights
Let’s dive into the story of Ontology and associated eco-projects. We aim to build the Ontology infrastructure for a better cross-chain ecosystem.
Latest Developments
Development Progress
- We are 100% done with the EVM bloom bit index optimization.
- We are 70% done with the testing of ONT liquid staking.
- We are 45% done with the development of frontend of ONT liquid staking.
Product Development
- ONTO published the monthly report for July, with new chains integrated, partnerships with @InnoTech_Labs, @Chiliz, @UmisFriends, @SpaceIDProtocol, Optimized mode settings for #Core, @clv_org, and @Aptos_Network and improved text display.
- Introduction of Multilingual and Points Features in ONTO
- ONTO has launched a partnerships with bloXroute Labs
On-Chain Activity
- 164 total dApps on MainNet as of August 7th, 2023.
- 7,674,897 total dApp-related transactions on MainNet, an increase of 8,473 from last week.
- 18,937,642 total transactions on MainNet, an increase of 26,702 from last week.
Community Growth
- We held our Weekly Community Call Series. We talked about “Does Sybil resistance need our biometric data”.
- We held our Telegram weekly Community Discussion led by Ontology Loyal Members, discussing: “What Is WorldCoin?”. Participants got the chance to win Loyal Member NFTs.
- As always, we’re active on Twitter and Telegram, where you can keep up with our latest developments and community updates.
Global News
- Binance Japan officially goes into operation with 34 tokens supported including $ONT
- In this week’s OWN101 series, we explore ‘Recovery Phrase’ — A recovery phrase is a set of words that acts as a backup key to access your cryptocurrency wallet. Safeguard it securely to regain access if your device is lost or damaged. Never share it online or with anyone!
Contact us
- Ontology official website: https://ont.io/
- Email contact: contact@ont.io
- GitHub: https://github.com/ontio/
- Telegram group: https://t.me/OntologyNetwork