Ontology Weekly Report (May 9–15, 2023)

    Highlights


    OKX Wallet now supports the Ontology Bridge! This collaboration makes it even easier to participate in the Ontology #EVM, ensuring a seamless experience. We’re committed to making Web3 as smooth as possible.

    Latest Developments

    Development Progress

    ● We are 80% done with the high ledger memory usage optimization.

    ● We are 80% done with the EVM bloom bit index optimization.

    ● We are 65% done with the optimization of ONT liquid staking.

    Product Development

    ● ONTO has announced the monthly report of April.

    ● ONTO has listed $BIBI on BNB Chain.

    ● ONTO has published a blog: Decentralized Identity (DID) in Crypto Wallets: A Game-Changer for Security and Privacy.

    On-Chain Activity

    ● 164 total dApps on MainNet as of May 15th, 2023.

    ● 7,535,950 total dApp-related transactions on MainNet, an increase of 14,503 from last week.

    ● 18,683,191 total transactions on MainNet, an increase of 21,580 from last week.

    Community Growth

    ● We started our Weekly Community Call Series. We talked about Bitcoin Miami Conference. Users expressed their insights around this and actively engaged.

    ● We held our Telegram weekly Community Discussion led by Ontology Loyal Members, discussing Meme coins. 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

    ● Discover the convenience of exchanging $ONT on ChangeNOW! $ONT plays a pivotal role in empowering a decentralized, digital identity framework.

    ● Celebrating our integration with iZUMi! They now support assets on the Ontology EVM, paving the way for improved liquidity and a smoother experience.

    ● Loyal member Sasen and Furst joined the AMA with Crypto Wallet on behalf of Ontology, discussing the ecosystem of Ontology and how ONT ID empowers Web3 world.

    ● Continuing our ‘Meet the Team’ series, we’re very pleased to ask Ontology Harbinger, Hamzat a few questions.

    ● It’s time for our latest OWN101, as part of our OWNInsights series. This week, we bring you “Merkle Tree”.

    Contact us

    – Ontology official website: https://ont.io/

    – Email contact: contact@ont.io

    – GitHub: https://github.com/ontio/

    – Telegram group: https://t.me/OntologyNetwork