OntologyGAS (ONG) has been launched on HIBT on April 28. OntologyGAS (ONG) is a high-performance open source blockchain project designed to build digital identity and data solutions. Ontology infrastructure supports cross-chain collaboration and Layer 2 scalability, providing enterprises with a platform to design customized blockchains based on their needs. Ontology's features include ONT ID and DDXF, providing a comprehensive set of decentralized identity and data sharing protocols to enhance speed, security and trust. Currently, ONG is open for trading on HIBT.
Token information:
Circulation market value: US$357,101,689.898
Fully diluted market cap: $407,999,867.59
Circulation: 875,249,524 ONT
Total supply: 1,000,000,000 ONT
Ontology’s core advantages:
Versatility and scalability: Ontology’s chain network system supports the access mechanism of different nodes to meet the needs of different scenarios, and provides a protocol group to customize independent business layers and support cross-chain collaboration.
Byzantine Fault Tolerance (BFT) algorithm: Ontology uses the BFT algorithm to provide higher reliability and finality in rigorous business scenarios such as finance.
Distributed data collaboration: Ontology chooses distributed data collaboration to protect data privacy and security. Information is stored at the source off the chain, and the directory, address and authorization method used to verify whether the data has been tampered with is stored on the chain.
Developer concerns:
Whether it supports its own business scenarios: Ontology is compatible with international general protocols, supports multiple sets of technical solutions, has a high degree of API encapsulation, extensive underlying support, and is closer to the needs of developers.
Performance: Ontology uses a high-performance framework to support a high-performance version of a single public chain.
Development language: Ontology’s smart contract system supports more mainstream languages.
Ontology team and development:
The Ontology team is composed of technical personnel, with a total of about 60 people, and has rich experience in development and implementation projects. Team leader Li Jun and chief strategy officer Ji Zhoudong have deep technical and management experience in the blockchain field.
Future outlook:
Ontology will continue to be committed to building high-performance public chains, providing safe and reliable infrastructure for various industries, and working with developers and communities to continuously improve products and services and promote the widespread application of blockchain technology in practical applications.
Summarize:
OntologyGAS (ONG) is a high-performance public chain dedicated to building Web 3.0 decentralized identity and data solutions. It has the advantages of versatility, security and scalability, attracting the attention of developers and investors. As the team continues to improve its products and services, Ontology is expected to achieve greater success in the blockchain field.
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