{"id":178,"date":"2022-09-09T11:13:26","date_gmt":"2022-09-09T11:13:26","guid":{"rendered":""},"modified":"2022-09-09T12:15:14","modified_gmt":"2022-09-09T12:15:14","slug":"ontology-weekly-report-september-1-5-2022","status":"publish","type":"post","link":"https:\/\/ont.io\/news\/ontology-weekly-report-september-1-5-2022\/","title":{"rendered":"Ontology Weekly Report (September 1\u20135, 2022)"},"content":{"rendered":"<p><span style=\"font-size: 2em;\">Highlights<\/span><\/p>\n<p>Odaily published the 5th OWN Insights \u201cThe Realization of Web3\u201d, sharing the possible realization of Web3. The article suggests that the future will see Web3 combined with Web2, and iteratively upgrade the underlying technology of the blockchain.&nbsp;&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2022\/09\/16626913755330_Y1WX70I8vWRRlj_S.png\" style=\"max-width:100%;\"><\/p>\n<h1>Latest Developments<\/h1>\n<p><\/p>\n<h1>Development&nbsp;&nbsp;<\/h1>\n<p><\/p>\n<ul>\n<li>We are 100% done with the Rollup VM design. The White Paper will be published soon.<\/li>\n<li>We are 98% done with the Rollup RISCV EVM actuator.<\/li>\n<li>We are 83% done with the Rollup L1&lt;-&gt;L2 cross-layer communication.<\/li>\n<li>We are 85% done with the Rollup L1&lt;-&gt;L2 Token Bridge.<\/li>\n<li>We are 99% done with the L1 data synchronization server.<\/li>\n<li>We are 92% done with the L2 Rollup Node.<\/li>\n<li>We are 54% done with the L2 blockchain browser.&nbsp;&nbsp;<\/li>\n<\/ul>\n<p><\/p>\n<h1>Product Development<\/h1>\n<p><\/p>\n<ul>\n<li>ONTO App&nbsp;v4.3.5&nbsp;released, bringing support for Aurora Chain and BitTorrent Chain. It integrated Go+ Security Detection feature and added a section for the NFT Marketplace.<\/li>\n<li>ONTO hosted an online activity with&nbsp;XDC Network. Follow the&nbsp;@ONTO Wallet Official Announcement&nbsp;in Telegram for more details!&nbsp;&nbsp;<\/li>\n<\/ul>\n<p><\/p>\n<h1>On-Chain Activity<\/h1>\n<p><\/p>\n<ul>\n<li>154 total dApps on MainNet as of September 6th, 2022.<\/li>\n<li>7,153,641 total dApp-related transactions on MainNet, an increase of 10,849 from last week.<\/li>\n<li>17,920,476 total transactions on MainNet, an increase of 30,194 from last week.&nbsp;&nbsp;<\/li>\n<\/ul>\n<p><\/p>\n<h1>Community Growth<\/h1>\n<p><\/p>\n<ul>\n<li>We held our&nbsp;weekly Community Call, focusing on the topic \u201cSBTs\u201d. Ontology community members discussed \u201cWhether SBTs can be used as DID identity credentials\u201d to explore the connection and cooperation between SBTs and DIDs.<\/li>\n<li>We held our Telegram weekly Community Discussion led by Benny, an Asian community Harbinger, exploring the collision between DID and NFT with community members. NFT can be associated with DID, and DID can also use NFT as a trusted credential for login and verification, providing users with multiple trust guarantees.<\/li>\n<li>As always, we\u2019re active on&nbsp;Twitter&nbsp;and&nbsp;Telegram, where you can keep up with our latest developments and community updates.&nbsp;&nbsp;<\/li>\n<\/ul>\n<h1><\/h1>\n<h1>Global News<\/h1>\n<p><\/p>\n<ul>\n<li>Ontology cooperated with&nbsp;OKLink Audit, which aims to improve users\u2019 interaction experience in the blockchain world, and work together to create a safe and harmonious Web3 ecological atmosphere.<\/li>\n<li>Ontology\u2019s Business Development Manager Li Ge was invited to participate in the \u201cFenbushi Talk\u201d hosted by Fenbushi Capital, discussing \u201cWeb3 Recruitment\/Job Application Requirements\u201d with senior Web3 practitioners, and provided guides for people who are struggling to find jobs in the current environment.<\/li>\n<li>MetaPath&nbsp;newly supported&nbsp;Ontology EVM&nbsp;assets, global users can securely swap&nbsp;WONT&nbsp;and&nbsp;WONG&nbsp;in&nbsp;MetaPath&nbsp;with faster exchange and lower rates now.&nbsp;&nbsp;<\/li>\n<\/ul>\n<h1>Ontology in the Media<\/h1>\n<h3>Odaily -The Realization of Web3<\/h3>\n<p>\u201cIn my opinion, the final outcome of Web3 and Web2 is coexistence, and the proportion of both is not small. They will probably exist in a state where there is a bit of them in each other, and Web3 may account for 20%, 50% or 80% of them. The process must be a two-way journey between Web2 and Web3. Web3 will be a tool that some people use when dealing with some things and some relationships.\u201d&nbsp;&nbsp;<\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Odaily published the 5th OWN Insights \u201cThe Realization of Web3\u201d, sharing the possible realization of Web3. The article suggests that the future will see Web3 combined with Web2, and iteratively upgrade the underlying technology of the blockchain.<\/p>\n","protected":false},"author":1,"featured_media":179,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-178","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/178","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/comments?post=178"}],"version-history":[{"count":0,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/178\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media\/179"}],"wp:attachment":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media?parent=178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/categories?post=178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/tags?post=178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}