{"id":194,"date":"2023-02-23T16:46:02","date_gmt":"2023-02-23T16:46:02","guid":{"rendered":""},"modified":"2023-02-23T16:46:02","modified_gmt":"2023-02-23T16:46:02","slug":"ontology-weekly-report-february-14-20-2023","status":"publish","type":"post","link":"https:\/\/ont.io\/news\/ontology-weekly-report-february-14-20-2023\/","title":{"rendered":"Ontology Weekly Report (February 14\u201320, 2023)"},"content":{"rendered":"<h2><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/02\/16771401954791_1.png\" style=\"max-width:100%;\"><br \/><\/h2>\n<h2>Highlights<\/h2>\n<p>Keep your portfolio on track with ease by auto-tracking&nbsp;<a href=\"https:\/\/twitter.com\/search?q=%24ONT&amp;src=cashtag_click\" target=\"_blank\" rel=\"noopener\">ONT<\/a>. You can now buy or sell&nbsp;ONT&nbsp;using your credit card!<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/02\/16771402882002.jpeg\" style=\"max-width:100%;\"><\/p>\n<h2>Latest Developments<\/h2>\n<h3>Development Progress<\/h3>\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 L1&lt;-&gt;L2 cross-layer communication.<\/li>\n<li>We are 98% 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 blockchain browser.<\/li>\n<li>We are 19% done with the optimization of EVM Bloom Bit Index.<\/li>\n<li>We are 20% done with the optimization of Ledger memory usage.<\/li>\n<li>We are 7% done with the optimization of ONT staking liquidity.<\/li>\n<\/ul>\n<h3>Product Development<\/h3>\n<ul>\n<li>ONTO has updated to 4.4.7, integrated SUI (devnet), Neon (devnet) and Findora chains.<\/li>\n<li>ONTO has optimized \u201cAddress Book\u201d function; Support for selecting from recent transaction addresses; Improved feature for adding new addresses.<\/li>\n<li>ONTO has joined an AMA Twitter Space with Nuls.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/02\/16771404531913.png\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>&nbsp;ONTO has partnered with KuCoin.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/02\/16771405730224.png\" style=\"max-width:100%;\"><\/p>\n<h3>On-Chain Activity<\/h3>\n<ul>\n<li>160 total dApps on MainNet as of February 20th, 2023.<\/li>\n<li>7,351,150 total dApp-related transactions on MainNet, an increase of 24,613 from last week.<\/li>\n<li>18,360,077 total transactions on MainNet, an increase of 34,768 from last week.<\/li>\n<\/ul>\n<h3>Community Growth<\/h3>\n<ul>\n<li>We started our&nbsp;<a href=\"https:\/\/twitter.com\/OntologyNetwork\/status\/1626325087145308160\" target=\"_blank\" rel=\"noopener\">Weekly Community Call Series<\/a>&nbsp;\u2014 \u201c Thursday Talks\u201d. We covered some insights on how Tiktok helps people to generate more interesting content based on Web3, especially for non-crypto users. Users expressed their insights around this and actively engaged.<\/li>\n<li>We held our Telegram weekly Community Discussion led by Ontology Loyal Members, continuing the topic on \u201chow decentralized identity runs as the underlying infrastructure in the VR &amp; AR world\u201d. Besides, we also covered some insights about the crackdown of Kraken Exchange. Participants got the chance to win Loyal Member NFTs.<\/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.<\/li>\n<\/ul>\n<h3>Global News<\/h3>\n<ul>\n<li>Continuing our \u2018Meet the Team\u2019 series, we\u2019re very pleased to ask Ontology Community Moderator, Mathus Ginoa a few questions.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/02\/16771411733605.jpeg\" style=\"max-width:100%;\"><\/p>\n<h3>In the Media<\/h3>\n<p>Automotive World-&nbsp;<a href=\"https:\/\/www.automotiveworld.com\/articles\/how-will-web3-and-blockchain-shape-mobility-supply-chains\/\" target=\"_blank\" rel=\"noopener\">How will Web3 and blockchain shape mobility supply chains?<\/a><\/p>\n<p>Blockchain technology is attracting interest from the automotive industry because of its potential to securely facilitate payments for both vehicles and vehicle parts without the risk of losing data.<\/p>\n<h2>Follow us on social media!<\/h2>\n<p><a href=\"https:\/\/ont.io\/\" target=\"_blank\">Ontology website<\/a>&nbsp;\/&nbsp;<a href=\"https:\/\/onto.app\/\" target=\"_blank\" rel=\"noopener\">ONTO website<\/a>&nbsp;\/&nbsp;<a href=\"https:\/\/github.com\/ontio\/OWallet\/releases\" target=\"_blank\" rel=\"noopener\">OWallet (GitHub)<\/a><\/p>\n<p><a href=\"https:\/\/twitter.com\/OntologyNetwork\/?source=post_page---------------------------\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>&nbsp;\/&nbsp;<a href=\"https:\/\/www.reddit.com\/r\/OntologyNetwork\/\" target=\"_blank\" rel=\"noopener\">Reddit<\/a>&nbsp;\/&nbsp;<a href=\"https:\/\/www.facebook.com\/ONTnetwork\/?source=post_page---------------------------\" target=\"_blank\" rel=\"noopener\">Facebook<\/a>&nbsp;\/&nbsp;<a href=\"https:\/\/www.linkedin.com\/company\/13604309\" target=\"_blank\" rel=\"noopener\">LinkedIn<\/a>&nbsp;\/&nbsp;<a href=\"https:\/\/www.youtube.com\/channel\/UCXzLZJgDglAWRU0b2GOa7pA\" target=\"_blank\" rel=\"noopener\">YouTube<\/a>&nbsp;\/&nbsp;<a href=\"https:\/\/m.blog.naver.com\/ontology8\" target=\"_blank\" rel=\"noopener\">NaverBlog<\/a>&nbsp;\/&nbsp;<a href=\"https:\/\/hub.forklog.com\/tag\/ontology\/\" target=\"_blank\" rel=\"noopener\">Forklog<\/a><\/p>\n<p><a href=\"https:\/\/t.me\/OntologyAnnouncements\" target=\"_blank\">Telegram Announcement<\/a>&nbsp;\/<a href=\"https:\/\/t.me\/OntologyNetwork\" target=\"_blank\">Telegram English<\/a>&nbsp;\/&nbsp;<a href=\"https:\/\/github.com\/ontio\/?source=post_page---------------------------\" target=\"_blank\" rel=\"noopener\">GitHub<\/a>&nbsp;\/<a href=\"https:\/\/discord.com\/invite\/pQRHtbD\" target=\"_blank\" rel=\"noopener\">Discord<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ontology Weekly Report (February 14\u201320, 2023)<\/p>\n","protected":false},"author":1,"featured_media":195,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-194","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/194","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=194"}],"version-history":[{"count":0,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/194\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media\/195"}],"wp:attachment":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media?parent=194"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/categories?post=194"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/tags?post=194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}