Ontology Weekly Report (April 11–17, 2023)
Highlights
A great conversation to explore the state of Layer2’s. This was an interesting TwitterSpace with an all-star panel, including 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 optimization.
- We are 45% done with the optimization of ONT liquid staking.
Product Development
- ONTO has launched the monthly report for March.
- ONTO has joined a giveaway event with Web3Shot, a huge reward for 100 lucky winners.
On-Chain Activity
- 161 total dApps on MainNet as of April 17th, 2023.
- 7,479,504 total dApp-related transactions on MainNet, an increase of 12,721 from last week.
- 18,591,727 total transactions on MainNet, an increase of 30,451 from last week.
Community Growth
We started our Weekly Community Call Series. We talked about the many use-cases of DID in daily life. Users expressed their insights around this and actively engaged.
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.
As always, we’re active on Twitter and Telegram, where you can keep up with our latest developments and community updates.
Global News
- Continuing our ‘Meet the Team’ series, we’re very pleased to ask Ontology Community Administrator, Emilio Bur few questions.
- It’s time for our latest #OWN101, as part of our OWNInsights series. This week, we bring you “Cryptocurrency”.
- Humpty, on behalf of Ontology, talked about DID beyond ownership of identity and data with Benzinga.
In the Media
Chain Debrief. — A Dive into Optimistic Rollups and Multi-Chain Solutions
Imagine a fantastic mix of building blocks that all fit together perfectly. That’s the excitement and innovation that multi-chain solutions and Layer 2 scaling solutions like Optimistic Rollups bring to the world of blockchain technology.
Ontology website / ONTO website / OWallet (GitHub)