{"id":182,"date":"2022-09-22T10:34:21","date_gmt":"2022-09-22T10:34:21","guid":{"rendered":""},"modified":"2022-09-22T10:37:05","modified_gmt":"2022-09-22T10:37:05","slug":"ontology-weekly-report-september-14-19-2022","status":"publish","type":"post","link":"https:\/\/ont.io\/news\/ontology-weekly-report-september-14-19-2022\/","title":{"rendered":"Ontology Weekly Report (September 14\u201319, 2022)"},"content":{"rendered":"<h1>Highlights<\/h1>\n<p><\/p>\n<p>Li Jun, Founder of Ontology, was invited to join the Ethereum Merge Watch Party hosted by Crypto Slate, sharing in-depth insights on the Ethereum Merge and the follow-up development of Web3.&nbsp;<img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2022\/09\/16638130672995b6016d90e684c43bbfe738e8f9d7993_tplv-obj.png\" style=\"font-size: 2em; max-width: 100%;\"><\/p>\n<h1>Latest Developments<\/h1>\n<h1>Development Progress<\/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 87% done with the Rollup L1&lt;-&gt;L2 cross-layer communication.<\/li>\n<li>We are 89% 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 94% done with the L2 Rollup Node.<\/li>\n<li>We are 59% done with the L2 blockchain browser.<\/li>\n<\/ul>\n<p><\/p>\n<h1>Product Development<\/h1>\n<p><\/p>\n<ul>\n<li>ONTO App&nbsp;<a href=\"https:\/\/twitter.com\/ONTOWallet\/status\/1570492058435219457?s=20&amp;t=967UDW7hc-LbZv9aL1Rmiw\" target=\"_blank\" rel=\"noopener\">v4.3.6<\/a>&nbsp;brought support for Aptos Blockchain, upgraded WalletConnect features, brought support for filtering dApps by chain type in the Discover section, swapping tokens on Optimism and Arbitrum, and improved UI for the search feature.<\/li>\n<li>ONTO hosted a giveaway with&nbsp;<a href=\"https:\/\/gleam.io\/HCmJa\/onto-apeiron-giveaway\" target=\"_blank\" rel=\"noopener\">Apeiron<\/a>, 80 Battlepass Limited NFTs up for Grabs! Follow the&nbsp;<a href=\"https:\/\/t.me\/ONTOAnnouncement\" target=\"_blank\">@ONTO Wallet Official Announcement<\/a>&nbsp;in Telegram for more details!&nbsp;&nbsp;<\/li>\n<\/ul>\n<h1><\/h1>\n<h1>On-Chain Activity<\/h1>\n<p><\/p>\n<ul>\n<li>154 total dApps on MainNet as of September 19th, 2022.<\/li>\n<li>7,163,286 total dApp-related transactions on MainNet, an increase of 4,209 from last week.<\/li>\n<li>17,953,133 total transactions on MainNet, an increase of 12,688 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;<a href=\"https:\/\/twitter.com\/OntologyNetwork\/status\/1570480065938432002?s=20&amp;t=5AYoni5refZMp986xtfhTg\" target=\"_blank\" rel=\"noopener\">weekly Community Call<\/a>, focusing on \u201cEthereum Merge\u201d. Community members discussed \u201cWhat impact will the Ethereum Merge bring to the Web3 landscape\u201d and \u201cHow Ontology should deal with this impact\u201d, and talked about the future development of Ontology.<\/li>\n<li>We held our&nbsp;<a href=\"https:\/\/twitter.com\/OntologyNetwork\/status\/1569264684448055297?s=20\" target=\"_blank\" rel=\"noopener\">Telegram weekly Community Discussion<\/a>&nbsp;led by Ontology Loyal Members. There were lively discussions on \u201cWhy Ethereum Merge\u201d, \u201cDifferences After Merge\u201d, and \u201cBenefits of Merge\u201d: Reduced energy consumption and improved network performance.<\/li>\n<li>Ontology held the second&nbsp;<a href=\"https:\/\/twitter.com\/OntologyNetwork\/status\/1570329116230168578?s=20&amp;t=5AYoni5refZMp986xtfhTg\" target=\"_blank\" rel=\"noopener\">Twitter Spaces<\/a>&nbsp;of OWNInsights, invited Ben Yorke and 0xYond from WOO Network and SnapFingers DAO, discussing \u201cThe disconnect between a DAO and developers\u201d, \u201cDAOs in the real world\u201d, \u201cObstacles for DAOs and what are the next big changes that bring adoption\u201d.<\/li>\n<li>As always, we\u2019re active on&nbsp;<a href=\"https:\/\/twitter.com\/OntologyNetwork\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>&nbsp;and&nbsp;<a href=\"https:\/\/t.me\/OntologyNetwork\" target=\"_blank\">Telegram<\/a>, where you can keep up with our latest developments and community updates.&nbsp;&nbsp;<\/li>\n<\/ul>\n<p><\/p>\n<h1>Global News<\/h1>\n<p><\/p>\n<ul>\n<li>Li Jun, Founder of Ontology, was invited to be a guest at the&nbsp;<a href=\"https:\/\/twitter.com\/LiJun_Ontology\/status\/1570337565072564227?s=20&amp;t=967UDW7hc-LbZv9aL1Rmiw\" target=\"_blank\" rel=\"noopener\">YouTube Watch Party<\/a>&nbsp;All Day Livestream of the well-known blockchain media Crypto Slate, shared his thoughts on \u201cWhy Ethereum converted to PoS\u201d, \u201cNetwork security after Merge\u201d and \u201cWhat is the impact to Web3?\u201d.<\/li>\n<li>Ontology Head of Community Humpty and Americas Ecosystem Lead Erick were invited to join Twitter Spaces hosted by famous blockchain media Crypto Sapiens, and shared views of \u201cKey Challenges of DID Construction\u201d and \u201cThe Composition of Web3 Reputation\u201d.&nbsp;&nbsp;<\/li>\n<\/ul>\n<p><\/p>\n<h1>Ontology in the Media<\/h1>\n<p><\/p>\n<p>Cointelegraph &#8211;<a href=\"https:\/\/cointelegraph.com\/explained\/what-is-decentralized-identity-in-blockchain\" target=\"_blank\" rel=\"noopener\">What is decentralized identity in blockchain?<\/a><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2022\/09\/16638135395170_0AJgy4ocGmXUAkW8.png\" style=\"max-width:100%;\"><\/p>\n<p>\u201cWith a decentralized identity, users can control their own PII and provide only the information that is required to be verified. Decentralized identity management supports an identity trust framework where users, organizations and things interact with each other transparently and securely.\u201d&nbsp;&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Li Jun, Founder of Ontology, was invited to join the Ethereum Merge Watch Party hosted by Crypto Slate, sharing in-depth insights on the Ethereum Merge and the follow-up development of Web3.  <\/p>\n","protected":false},"author":1,"featured_media":183,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-182","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/182","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=182"}],"version-history":[{"count":0,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/182\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media\/183"}],"wp:attachment":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media?parent=182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/categories?post=182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/tags?post=182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}