{"id":208,"date":"2023-04-03T14:33:10","date_gmt":"2023-04-03T14:33:10","guid":{"rendered":""},"modified":"2023-04-13T10:52:54","modified_gmt":"2023-04-13T10:52:54","slug":"ontology-monthly-report-march-2023","status":"publish","type":"post","link":"https:\/\/ont.io\/news\/ontology-monthly-report-march-2023\/","title":{"rendered":"Ontology Monthly Report \u2014 March 2023"},"content":{"rendered":"<p>Ontology is incubating a new Layer2 project called&nbsp;<a href=\"https:\/\/medium.com\/ontologynetwork\/ontology-foundation-incubates-new-layer-2-solution-goshen-network-dc4b03258cdc\" target=\"_blank\" rel=\"noopener\">Goshen Network<\/a>. This collaboration further promotes interactivity between Ontology &amp; Ethereum ecosystems, providing a better choice for developers &amp; users in the Web3 world.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/04\/16804934263040_6L6RcON2D17EE2CF.jpeg\" style=\"max-width:100%;\"><\/p>\n<h2>Developments\/Corporate Updates<\/h2>\n<h3>Development Progress<\/h3>\n<ul>\n<li>We are 100% done with the L2 blockchain browser.<\/li>\n<li>We are 50% done with the optimization of the interface of the governance contract.<\/li>\n<li>We are 30% done with the EVM bloom bit index optimization.<\/li>\n<li>We are 30% done with the high ledger memory usage optimization.<\/li>\n<li>We are 20% done with the optimization of the snapshot of the call of Ontology EVM contract.<\/li>\n<li>We are 15% done with the optimization of ONT staking liquidity.<\/li>\n<li>We are 15% done with the L2 Sequencer Service.<\/li>\n<\/ul>\n<h3>Out &amp; About \u2014 Event Spotlight<\/h3>\n<p>It was all hands on deck this month with a string of news reports and developments:<\/p>\n<ul>\n<li>Ontology has just hit 20k followers on CoinMarketCap! Thank you to our incredible community for your continued support and belief in our vision for a decentralized future .<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/04\/16804935935270_L_0lTmsCj8fofRy-.jpeg\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>Ontology has held an AMA on CoinMarketCap. Some users expressed their curiosity in our CMC community.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/04\/16804937083280_kv24uRnwfiBWsGnC.jpeg\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>Continuing our \u2018Meet the Team\u2019 series, we\u2019re very pleased to ask several team members and Ontology Harbingers a few questions.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/04\/16804937650740_S7wB31bKw1GOBy8i.png\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>Have you heard about the real-life uses of the $ONT token? It\u2019s more than just an investment opportunity! We collaborate with Guardarian, where you can buy and sell $ONT with local currency; We collaborate with HYVE, where you can get paid for your work in $ONT; We collaborate with UQUID, where you can shop with $ONT; We collaborate with BITSA, where users can use&nbsp;$ONT&nbsp;and&nbsp;$ONG&nbsp;tokens to easily recharge their accounts for online and offline payments, transfers, and ATM withdrawals.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/04\/16804938687330_U7VgQmekeS7C4OOg.png\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>It\u2019s time for our latest #OWN101, as part of our #OWNInsights series. We brought the definition of \u201cONG\u201d, \u201cTPS\u201d, \u201cDepeg\u201d, and \u201dOptimistic Rollup\u201d.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/04\/16804940657120_7x6f0Qv4uXDP9OON.png\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>Have you heard of&nbsp;<a href=\"https:\/\/twitter.com\/OntologyNetwork\/status\/1636360620789620736?s=20\" target=\"_blank\" rel=\"noopener\">ONTID<\/a>? It\u2019s a decentralized identity solution that is gaining popularity due to its unique features. ONT ID is a better DID solution for several reasons<img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/04\/16804941581900_fQKiiSVFjjW19kUV.jpeg\" style=\"max-width:100%;\"><\/li>\n<li>As part of our Harbinger Interview Series, we\u2019re happy to have chatted with Donny Clutterbuck about his experiences with Ontology, #DID, and our fantastic community.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/04\/16804942153180_3dYRIuLZyWur7C1H.png\" style=\"max-width:100%;\"><\/p>\n<p><a href=\"https:\/\/twitter.com\/OntologyNetwork\/status\/1633059958026797061?s=20\" target=\"_blank\" rel=\"noopener\">Ontology&nbsp;MainNet<\/a>&nbsp;is a high-performance proof of stake (PoS) blockchain that supports a wide range of programming languages and virtual machines, including NeoVM, WasmVM, and Ontology EVM.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/04\/16805027413640_6Ydqd9RadAzqtP8-.jpeg\" style=\"max-width:100%;\"><\/p>\n<h3>Product Development<\/h3>\n<ul>\n<li>ONTO has updated to v4.4.9, and added support for the Polygon TestNet \u2014 zkEVM chain; Support for TestNet of Filecoin EVM chain; Support the Flare chain; Support for the TestNet of Mantle chain; Support the testnet of Base chain.<\/li>\n<li>Support for the domain name feature (AVVY) of the Avalanche chain.<\/li>\n<li>ONTO has partnered with&nbsp;<a href=\"https:\/\/twitter.com\/ontowallet\/status\/1632682444489998340\" target=\"_blank\" rel=\"noopener\">Bitgert<\/a>&nbsp;and held a Giveaway event.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/04\/16805029030910_d2dmxJfFv4hEPhgT.png\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>ONTO held a Giveaway event with<a href=\"https:\/\/twitter.com\/nuls\/status\/1633990688336674817\" target=\"_blank\" rel=\"noopener\">ENULS<\/a>.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/04\/16805029405070_91PGnGDee8skXZNq.png\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>ONTO invited&nbsp;<a href=\"https:\/\/twitter.com\/ontowallet\/status\/1637786069889617920\" target=\"_blank\" rel=\"noopener\">Zelwn<\/a>&nbsp;to hold an AMA on TwitterSpace.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/04\/16805030455440_bAdHKYfwF63w5CI_.png\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>ONTO joined the TwitterSpace held by&nbsp;<a href=\"https:\/\/twitter.com\/avvydomains\/status\/1638314819408347136\" target=\"_blank\" rel=\"noopener\">Avvy<\/a>.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/04\/1680503144283Frx2pVcXgAIHOMR.jpeg\" style=\"max-width:100%;\"><\/p>\n<h3>On-Chain Activity<\/h3>\n<ul>\n<li>160 total dApps on MainNet as of March 31st, 2023.<\/li>\n<li>7,438,904 total dApp-related transactions on MainNet, an increase of 71,439 from last month.<\/li>\n<li>18,501,948 total transactions on MainNet, an increase of 111,898 from last month.<\/li>\n<\/ul>\n<h3>Community Growth &amp; Bounties<\/h3>\n<ul>\n<li>This month, several Ontology Community Calls and discussions were held on Discord, Telegram and Twitter, focusing on topics such as \u201c Roadmap for Ontology in 2023\u201d, \u201cChat GPT and the future of Web3\u201d, \u201cHow we can use the current technological solutions created by ontology to help facilitate the current problems different industries are facing?\u201d and \u201c How some platforms we collaborated recently enrich Ontology application scenarios?\u201d. Community members actively shared their views, and participants also got the chance to win Loyal Member NFTs.<\/li>\n<li>We held our Monthly Quiz led by Ontology Harbinger Benny. Community members actively raised questions and shared 100 ONG rewards.<\/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:\/\/twitter.com\/OntologyNetwork\" target=\"_blank\" rel=\"noopener\">Telegram<\/a>&nbsp;where you can keep up with our latest developments and community updates. To join Ontology\u2019s Telegram group and keep up to date, click&nbsp;<a href=\"https:\/\/t.me\/OntologyNetwork\" target=\"_blank\">here<\/a>.<\/li>\n<\/ul>\n<h3>Recruitment<\/h3>\n<p>At Ontology, we are always looking to expand our team. We currently have a list of open roles and are looking to hire ambitious and hardworking individuals (see below). Check out our&nbsp;<a href=\"https:\/\/ont.io\/join\" target=\"_blank\">website<\/a>&nbsp;for full details.<\/p>\n<p>Recently, we hired:<\/p>\n<ul>\n<li>A senior coordinator of operation<\/li>\n<li>Two Golang developers<\/li>\n<li>A senior front-end developer<\/li>\n<\/ul>\n<p>Now, we are still looking for:<\/p>\n<ul>\n<li>Python developer<\/li>\n<li>UI Designer<\/li>\n<li>BD Coordinator<\/li>\n<\/ul>\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)<br \/><\/a><\/p>\n<div><a href=\"https:\/\/twitter.com\/OntologyNetwork\/\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>&nbsp;\/&nbsp;<a href=\"https:\/\/www.reddit.com\/r\/OntologyNetwork\/\" target=\"_blank\" rel=\"noopener\">Reddit<\/a>&nbsp;\/<a href=\"https:\/\/www.facebook.com\/ONTnetwork\" 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><\/div>\n<div><a href=\"https:\/\/t.me\/OntologyAnnouncements\" target=\"_blank\">Telegram Announcement<\/a>&nbsp;\/&nbsp;<a href=\"https:\/\/t.me\/OntologyNetwork\" target=\"_blank\">Telegram English<\/a>&nbsp;\/&nbsp;<a href=\"https:\/\/github.com\/ontio\/\" target=\"_blank\" rel=\"noopener\">GitHub<\/a>&nbsp;\/&nbsp;<a href=\"https:\/\/discord.com\/invite\/pQRHtbD\" target=\"_blank\" rel=\"noopener\">Discord<\/a><\/p>\n<p><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ontology is incubating a new Layer2 project called Goshen Network. This collaboration further promotes interactivity between Ontology &#038; Ethereum ecosystems, providing a better choice for developers &#038; users in the Web3 world.<\/p>\n","protected":false},"author":1,"featured_media":209,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-208","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-monthly-reports"],"_links":{"self":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/208","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=208"}],"version-history":[{"count":0,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/208\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media\/209"}],"wp:attachment":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media?parent=208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/categories?post=208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/tags?post=208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}