{"id":184,"date":"2022-10-13T16:31:10","date_gmt":"2022-10-13T16:31:10","guid":{"rendered":""},"modified":"2022-10-13T16:31:58","modified_gmt":"2022-10-13T16:31:58","slug":"ontology-weekly-report-october-1-10-2022","status":"publish","type":"post","link":"https:\/\/ont.io\/news\/ontology-weekly-report-october-1-10-2022\/","title":{"rendered":"Ontology Weekly Report (October 1\u201310, 2022)"},"content":{"rendered":"<h1>Highlights<\/h1>\n<p>Li Jun, Founder of Ontology, was selected as one of the \u201cTop Genre Peoples on Crypto\u2019s Research\u201d by A Fan Of CoinMarketCap, a well-known blockchain consulting platform.&nbsp;&nbsp;<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2022\/10\/16656488743510_MRq2oJJwBqk_U7tU.png\" style=\"max-width:100%;\"><\/p>\n<h1>Latest Developments<\/h1>\n<h1><\/h1>\n<h1>Development Progress<\/h1>\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 99% done with the Rollup RISCV EVM actuator.<\/li>\n<li>We are 88% done with the Rollup L1&lt;-&gt;L2 cross-layer communication.<\/li>\n<li>We are 90% 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 95% done with the L2 Rollup Node.<\/li>\n<li>&nbsp; We are 66% done with the L2 blockchain browser.&nbsp; &nbsp; &nbsp; &nbsp;&nbsp;<\/li>\n<\/ul>\n<h1><\/h1>\n<h1>Product Development<\/h1>\n<ul>\n<li>ONTO App v4.3.8 brought support for Gnosis and Fantom chain, added prevention of screenshots of the mnemonic phrase, and added an alert message for mnemonic phrase backup.<\/li>\n<li>ONTO hosted a big giveaway with&nbsp;<a href=\"https:\/\/twitter.com\/ONTOWallet\/status\/1577929375231647744?s=20&amp;t=GCgOxLcQ70LpgDrN8a2irw\" target=\"_blank\" rel=\"noopener\">Metarace<\/a>, and an AMA with&nbsp;<a href=\"https:\/\/twitter.com\/ONTOWallet\/status\/1578308131292999680?s=20&amp;t=GCgOxLcQ70LpgDrN8a2irw\" target=\"_blank\" rel=\"noopener\">Gnosis<\/a>. Follow the&nbsp;<a href=\"https:\/\/t.me\/ONTOAnnouncement\" target=\"_blank\">@ONTO Wallet Official Announcement<\/a>&nbsp;in Telegram for more details!&nbsp;<\/li>\n<\/ul>\n<h1><\/h1>\n<h1>On-Chain Activity&nbsp;&nbsp;<\/h1>\n<ul>\n<li>157 total dApps on MainNet as of October 10th, 2022.<\/li>\n<li>7,178,244 total dApp-related transactions on MainNet, an increase of 14,958 from last week.<\/li>\n<li>17,997,425 total transactions on MainNet, an increase of 44,292 from last week.\n<p>&nbsp;<\/li>\n<\/ul>\n<p><\/p>\n<h1>Community Growth<\/h1>\n<ul>\n<li>We held our&nbsp;<a href=\"https:\/\/twitter.com\/OntologyNetwork\/status\/1578090212101705728?s=20&amp;t=SDGDD8xGv8esdhUw9SPmXA\" target=\"_blank\" rel=\"noopener\">weekly Community Call<\/a>, focusing on \u201cbreaking down the social wall\u201d. How to prove your identity and past behavior in different ecosystems without providing private data? Compared with Web2, Web3\u2019s decentralized identity and reputation system breaks the \u201csocial wall\u201d for us based on privacy protection.<\/li>\n<li>We held our Telegram weekly Community Discussion led by Ontology Loyal Members. There were lively discussions on the upcoming \u201cOntology Monthly Quiz\u201d. Community members can win ONG rewards by completing tasks through TaskOn and participating in the Monthly Quiz activity.<\/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<ul>\n<li>Li Jun, Founder of Ontology, was interviewed by&nbsp;<a href=\"https:\/\/twitter.com\/crowdfundinside\/status\/1576621053190676481\" target=\"_blank\" rel=\"noopener\">Crowdfund Insider<\/a>, a well-known blockchain media outlet, sharing his views on \u201cHow ONTO Wallet acts as gateway to Web3\u201d, \u201cONT ID solution\u201d and \u201cOWN infrastructure\u201d.<\/li>\n<li>Ontology was selected as one of the \u201cTOP 10 Most Used Chains on Poly Network\u201d by&nbsp;<a href=\"https:\/\/twitter.com\/PolyNetwork2\/status\/1575018830795280386?s=20&amp;t=SDGDD8xGv8esdhUw9SPmXA\" target=\"_blank\" rel=\"noopener\">Poly Network<\/a>, and was also included in the \u201cTOP 10 Most Used Chains in ONTO\u201d list of&nbsp;<a href=\"https:\/\/twitter.com\/ONTOWallet\/status\/1578644027184156680?s=20&amp;t=SDGDD8xGv8esdhUw9SPmXA\" target=\"_blank\" rel=\"noopener\">ONTO<\/a>&nbsp;in September.<\/li>\n<li>Erick Pinos, Americas Ecosystem Lead of Ontology, was invited to participate in the&nbsp;<a href=\"https:\/\/twitter.com\/OntologyNetwork\/status\/1578608908486160385?s=20&amp;t=SDGDD8xGv8esdhUw9SPmXA\" target=\"_blank\" rel=\"noopener\">Wing x X2Y2 x Ontology<\/a>&nbsp;joint AMA and shared his views on \u201cHow to Get Profits from the NFT Market\u201d.<\/li>\n<li>Ontology hosted an AMA with&nbsp;Guarda Wallet, inviting David Block, the community manager of&nbsp;<a href=\"https:\/\/twitter.com\/OntologyNetwork\/status\/1575048604909125632?s=20&amp;t=SDGDD8xGv8esdhUw9SPmXA\" target=\"_blank\" rel=\"noopener\">Guarda Wallet<\/a>, to answer questions for community members, and shared ONT rewards.&nbsp;&nbsp;<\/li>\n<\/ul>\n<p>Ontology in the MediaCrowdfund Insider &#8211;<a href=\"https:\/\/www.crowdfundinsider.com\/2022\/10\/196581-li-jun-founder-of-ontology-explains-how-onto-wallet-acts-as-gateway-to-web3\/\" target=\"_blank\" rel=\"noopener\">Li Jun: Founder of Ontology Explains How ONTO Wallet Acts As Gateway to Web3<\/a>&nbsp;&nbsp;<img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2022\/10\/1665649405666dfdfeds.jpg\" style=\"max-width: 100%;\"><\/p>\n<p>\u201cThere have been a number of significant milestones since our MainNet launch four years ago that have been essential to driving our growth and development over the course of the last few years. The launch of Wing Finance, ONTO Wallet, and ONT ID, which we have continued to put significant time and effort into over the last few months, all serve to drive users to our platform.<\/p>\n<p><\/p>\n<p>Some other more recent developments relate more to the ONTO App, whereby users can now use Ontology Bridge directly in ONTO to convert digital assets between Ontology and Ontology EVM, facilitating an overall enhanced user experience, which, in turn, is crucial in enabling growth and adoption.\u201d&nbsp;&nbsp;<\/p>\n<h1>\n<\/h1>\n","protected":false},"excerpt":{"rendered":"<p>Li Jun, Founder of Ontology, was selected as one of the \u201cTop Genre Peoples on Crypto\u2019s Research\u201d by A Fan Of CoinMarketCap, a well-known blockchain consulting platform.<\/p>\n","protected":false},"author":1,"featured_media":185,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/184","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=184"}],"version-history":[{"count":0,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/184\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media\/185"}],"wp:attachment":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media?parent=184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/categories?post=184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/tags?post=184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}