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Ontology Weekly Report (May 1–8, 2023)


Humpty Calderon joined Tech Talks Daily recently, talking about Ontology’s unique approach to addressing blockchain challenges and the exciting potential for content creators to take control of their work!

Latest Developments

Development Progress

  • We are 75% done with the high ledger memory usage optimization.
  • We are 75% done with the EVM bloom bit index optimization.
  • We are 60% done with the optimization of ONT liquid staking.

Product Development

  • ONTO has announced the partnership and integration with SWFT.

  • ONTO has made a Telegram Quiz event together with Hamster.

  • ONTO has started the 1st part of May Series events on Zealy.

  • ONTO has launched a technical article about Crypto Wallets.

On-Chain Activity

  • 162 total dApps on MainNet as of May 8th, 2023.
  • 7,521,447 total dApp-related transactions on MainNet, an increase of 21,716 from last week.
  • 18,661,611 total transactions on MainNet, an increase of 35,759 from last week.

Community Growth

  • We started our Weekly Community Call Series. We talked about the purpose of various layers of protocols. Users expressed their insights around this and actively engaged.
  • We held our Telegram weekly Community Discussion led by Ontology Loyal Members, discussing BRC20 and 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

  • US government prioritizing efforts in “#Digital #Identity Infrastructure & Distributed Ledger Technologies” in one of the 8 standards development for Critical & Emerging Tech.

  • Humpty Calderon joined discussion on Oracles and Self-Sovereign Identity hosted by UMA Protocol.

  • Geoff attended a TwitterSpace AMA sharing valuable information about Ontology and its potential use cases.

  • Continuing our ‘Meet the Team’ series, we’re very pleased to ask Ontology HR Manager, Eden Yang a few questions.

Contact us

  • Ontology official website: https://ont.io/
  • Email contact: contact@ont.io
  • GitHub: https://github.com/ontio/
  • Telegram group: https://t.me/OntologyNetwork