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Ontology Monthly Report — April 2023



Ontology MainNet v2.4.3 and Consensus Nodes were upgraded on Apr 17, 2023, with various new features for users and developers.

Developments/Corporate Updates

Development Progress

  • Ontology MainNet has updated to V2.4.3
  • We are 100% done with the optimization of the snapshot of the call of Ontology EVM contract.
  • We are 100% done with the optimization of the interface of the governance contract.
  • We are 70% done with the high ledger memory usage optimization.
  • We are 70% done with the EVM bloom bit index optimization.
  • We are 55% done with the optimization of ONT staking liquidity.

Out & About — Event Spotlight

It was all hands on deck this month with a string of news reports and developments:


  • Excited to build with all the #TopGoshenGears and see what the future holds for the Goshen ecosystem.


  • Continuing our ‘Meet the Team’ series, we’re very pleased to ask several team members and Ontology Harbingers a few questions.


  • It’s time for our latest #OWN101, as part of our #OWNInsights series. We brought the definition of “Block”, ”Blockchain”, “Cryptocurrency”, and ”Signature”.


  • Thrilled to partner with buidlbee by holding an exciting Twitter Space NFT Giveaway event!


  • We held a ‘state of Layer2’s’ TwitterSpace with an all-star panel, including Humpty Calderon, bartek.eth, tree girl and Issac.


  • We were excited to be mentioned in the future of DigitalID by zkSync Insider! Discover ONTID, Ontology’s cross-chain DID solution, for seamless, secure, and user-friendly identity management.



Product Development

  • ONTO has updated to v4.5.0, and added support for the OKB chain, Velas chain.
  • Added LSD staking in the Earn section.
  • Support for Moonriver/Solana network token pairs in Swap.
  • Support for transactions using ENS names.
  • Support for transactions using SPACEID names.
  • Improved node features.
  • ONTO has partnered with Hope, Hamster, Yuri AI, Zetos, Rollup Finance, Web3shot and PheasantSwap.



  • ONTO, together with Web3 Shot, held a giveaway event.

On-Chain Activity

  • 161 total dApps on MainNet as of April 30th, 2023.
  • 7,499,731 total dApp-related transactions on MainNet, an increase of 60,827 from last month.
  • 18,625,852 total transactions on MainNet, an increase of 123,904 from last month.

Community Growth & Bounties

  • This month, several Ontology Community Calls and discussions were held on Discord, Telegram and Twitter, focusing on topics such as “The problems solved by Layer 2 and some notable projects built on the current Layer 2 protocol”, “Many use-cases of DID in daily life” and “ How Oracles matters to Web3?”. Community members actively shared their views, and participants also got the chance to win Loyal Member NFTs.
  • We held our Monthly Quiz led by Ontology Harbinger Benny. Community members actively raised questions and shared 100 ONG rewards.
  • Sri Lanka Community launched a Wallpaper design competition, members showed their talents in design.
  • As always, we’re active on Twitter and Telegram where you can keep up with our latest developments and community updates. To join Ontology’s Telegram group and keep up to date, click here.

Recruitment

At Ontology, we are always looking to expand our team. We currently have a list of open roles and are looking to hire ambitious and hardworking individuals (see below). Check out our website for full details.
Recently, we hired:
  • A UI designer
Now, we are still looking for:
  • Golang Engineer
  • Front-end Engineer
  • BD moderator



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