{"id":212,"date":"2023-04-20T11:11:30","date_gmt":"2023-04-20T11:11:30","guid":{"rendered":""},"modified":"2023-04-20T11:11:42","modified_gmt":"2023-04-20T11:11:42","slug":"ontology-weekly-report-april-11-17-2023","status":"publish","type":"post","link":"https:\/\/ont.io\/news\/ontology-weekly-report-april-11-17-2023\/","title":{"rendered":"Ontology Weekly Report (April 11\u201317, 2023)"},"content":{"rendered":"<h2>Highlights<\/h2>\n<p>A great conversation to explore the state of Layer2\u2019s. This was an interesting&nbsp;<a href=\"https:\/\/twitter.com\/i\/spaces\/1jMJgLqvopjxL?s=20\" target=\"_blank\" rel=\"noopener\">TwitterSpace<\/a>&nbsp;with an all-star panel, including&nbsp;Humpty Calderon, bartek.eth, tree girl and Issac.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/04\/16819595785060_m9385xFM2S3VqTFD.png\" style=\"max-width:100%;\"><\/p>\n<h2>Latest Developments<\/h2>\n<h3>Development Progress<\/h3>\n<ul>\n<li>Ontology MainNet has updated to V2.4.3<\/li>\n<li>We are 60% done with the high ledger memory usage optimization.<\/li>\n<li>We are 50% done with the EVM bloom bit index optimization.<\/li>\n<li>We are 45% done with the optimization of ONT liquid staking.<\/li>\n<\/ul>\n<h3>Product Development<\/h3>\n<ul>\n<li>ONTO has launched the&nbsp;<a href=\"https:\/\/medium.com\/onto\/onto-march-2023-monthly-report-40fa6a651db\" target=\"_blank\" rel=\"noopener\">monthly report<\/a>&nbsp;for March.<\/li>\n<li>ONTO has joined a&nbsp;<a href=\"https:\/\/twitter.com\/ONTOWallet\/status\/1646815558610960384?s=20\" target=\"_blank\" rel=\"noopener\">giveaway event<\/a>&nbsp;with Web3Shot, a huge reward for 100 lucky winners.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/04\/16819597387530_I8BlT7z9MMrYJdCU.png\" style=\"max-width:100%;\"><\/p>\n<h3>On-Chain Activity<\/h3>\n<ul>\n<li>161 total dApps on MainNet as of April 17th, 2023.<\/li>\n<li>7,479,504 total dApp-related transactions on MainNet, an increase of 12,721 from last week.<\/li>\n<li>18,591,727 total transactions on MainNet, an increase of 30,451 from last week.<\/li>\n<\/ul>\n<h3>Community Growth<\/h3>\n<p>We started our&nbsp;<a href=\"https:\/\/twitter.com\/i\/spaces\/1rmxPkNaAOmJN\" target=\"_blank\" rel=\"noopener\">Weekly Community Call<\/a>&nbsp;Series. We talked about the many use-cases of DID in daily life. Users expressed their insights around this and actively engaged.<\/p>\n<p>We held our Telegram weekly Community Discussion led by Ontology Loyal Members, discussing about the advantages of Layer 2 and why people need it. Participants got the chance to win Loyal Member NFTs.<\/p>\n<p>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.<\/p>\n<h3>Global News<\/h3>\n<ul>\n<li>Continuing our \u2018Meet the Team\u2019 series, we\u2019re very pleased to ask&nbsp;Ontology&nbsp;Community Administrator, Emilio Bur few questions.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/04\/16819599342110_tW3k8YlN5rc_hyZn.png\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>It\u2019s time for our latest #OWN101, as part of our OWNInsights series. This week, we bring you \u201cCryptocurrency\u201d.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/04\/16819599663780_w54uzy7l1xHwKI6a.png\" style=\"max-width:100%;\"><\/p>\n<ul>\n<li>Humpty, on behalf of Ontology, talked about DID beyond ownership of identity and data with&nbsp;<a href=\"https:\/\/twitter.com\/humptycalderon\/status\/1646602938859782144?s=20\" target=\"_blank\" rel=\"noopener\">Benzinga<\/a>.<\/li>\n<\/ul>\n<h3>In the Media<\/h3>\n<p>Chain Debrief. \u2014&nbsp;<a href=\"https:\/\/chaindebrief.com\/a-dive-into-optimistic-rollups-and-multi-chain-solutions\/\" target=\"_blank\" rel=\"noopener\">A Dive into Optimistic Rollups and Multi-Chain Solutions<\/a><\/p>\n<p>Imagine a fantastic mix of building blocks that all fit together perfectly. That\u2019s the excitement and innovation that multi-chain solutions and Layer 2 scaling solutions like Optimistic Rollups bring to the world of blockchain technology.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/ont.io\/blog\/wp-content\/uploads\/2023\/04\/16819600836390_omfUuYEIK2lhWVcL.png\" style=\"max-width:100%;\"><\/p>\n<p><\/p>\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\" 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>&nbsp;<\/p>\n<p><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","protected":false},"excerpt":{"rendered":"<p>Highlights A great conversation to explore the state of Layer2\u2019s. This was an interesting&nbsp;TwitterSpace&nbsp;with an all-star panel, including&nbsp;Humpty Calderon, bartek.eth, tree girl and Issac. Latest Developments Development Progress Ontology MainNet has updated to V2.4.3 We are 60% done with the high ledger memory usage optimization. We are 50% done with the EVM bloom bit index<\/p>\n","protected":false},"author":1,"featured_media":213,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/212","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=212"}],"version-history":[{"count":0,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/212\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media\/213"}],"wp:attachment":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media?parent=212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/categories?post=212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/tags?post=212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}