{"id":224,"date":"2023-06-20T14:57:12","date_gmt":"2023-06-20T14:57:12","guid":{"rendered":""},"modified":"2023-06-20T14:58:30","modified_gmt":"2023-06-20T14:58:30","slug":"ontology-weekly-report-june-1-5-2023","status":"publish","type":"post","link":"https:\/\/ont.io\/news\/ontology-weekly-report-june-1-5-2023\/","title":{"rendered":"Ontology Weekly Report (June 1\u20135, 2023)"},"content":{"rendered":"

Highlights<\/span><\/p>\n

Ontology\u2019s very own Raindy has been featured on HackerNoon! Dive into her excellent piece on the essential role of Web3 for a glimpse into our digital future. Well worth a read for everyone interested in blockchain and its potential!<\/p>\n

<\/p>\n

Latest DevelopmentsDevelopment Progress<\/span><\/p>\n

\u25cf We are 90% done with the high ledger memory usage optimization.<\/p>\n

\u25cf We are 90% done with the EVM bloom bit index optimization.<\/p>\n

\u25cf We are 85% done with the optimization of ONT liquid staking.<\/p>\n

<\/p>\n

Product Development<\/span><\/p>\n

\u25cf ONTO launched a giveaway event together with Type!t.<\/p>\n

\u25cf ONTO collaborated with TABI.<\/p>\n

<\/p>\n

<\/p>\n

On-Chain Activity<\/span><\/p>\n

\u25cf 164 total dApps on MainNet as of June 5th, 2023.<\/p>\n

\u25cf 7,581,275 total dApp-related transactions on MainNet, an increase of 15,294 from last week.<\/p>\n

\u25cf 18,754,891 total transactions on MainNet, an increase of 22,462 from last week.<\/p>\n

<\/p>\n

Community Growth<\/span><\/p>\n

\u25cf We held our Weekly Community Call Series. We talked about the big events and updates on blockchain. Users expressed their insights around this and actively engaged.<\/p>\n

\u25cf We held our Telegram weekly Community Discussion led by Ontology Loyal Members, discussing:\u201cThe Promise of Bitcoin Is About Much More Than Financial Freedom\u201d. Participants got the chance to win Loyal Member NFTs.<\/p>\n

\u25cf As always, we\u2019re active on Twitter and Telegram, where you can keep up with our latest developments and community updates.<\/p>\n

<\/p>\n

Global News<\/span><\/p>\n

\u25cf In this week\u2019s OWN101 series, we explore \u2018Soft Fork\u2019 \u2014 a crucial concept in #blockchain technology. Soft Forks help maintain network consensus within #Web3, without breaking compatibility.<\/p>\n

<\/p>\n

We published the monthly report for May, with progress on EVM optimization, AMA\u2019s with leaders in the space, new partnerships like with iZUMi, OKX Wallet, and our community reaching 30k on CoinMarketCap.<\/p>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Highlights Ontology\u2019s very own Raindy has been featured on HackerNoon! Dive into her excellent piece on the essential role of Web3 for a glimpse into our digital future. Well worth a read for everyone interested in blockchain and its potential! Latest DevelopmentsDevelopment Progress \u25cf We are 90% done with the high ledger memory usage optimization. \u25cf We are 90% done with the<\/p>\n","protected":false},"author":1,"featured_media":225,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-224","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/224","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=224"}],"version-history":[{"count":0,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/posts\/224\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media\/225"}],"wp:attachment":[{"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/media?parent=224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/categories?post=224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ont.io\/news\/wp-json\/wp\/v2\/tags?post=224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}